Otto Candies Llc News

 

Byron to spud SM 6 #2 well in GoM

Feb 15, 2016

Byron Energy mobilized the Hercules 205 jackup drilling rig to the SM 6 #2 well location in the Gulf of Mexico last week, and expects to spud the well this week. Hercules 205. Image from Hercules Offshore…

Otto to bail on the Philippines

Jan 28, 2016

Australia-based Otto Energy may leave the Philippines to focus on its North American assets, leaving joint venture partner Red Emperor Resources with an option to takeover more stake in SC 55. Map of SC 55…

Wood Group bags main Statoil deal

Dec 16, 2015

Wood Group has been awarded a main contractor framework agreement worth approximately US$400 million to deliver maintenance and modification services to four Statoil installations on the Norwegian continental shelf (NCS). Wood Group Mustang Norway will provide this support for the Snorre A&B…

Otto, Byron in staged GOM farm-in

Dec 11, 2015

Otto Energy has announced that it has entered into an agreement with Byron Energy for the staged farm-in for participating interests in to up to three lease areas held by Byron in the Louisiana Gulf of Mexico (GOM) area. The transaction…

LQT awarded two accommodation projects

Aug 18, 2015

Image: LQT Industries, LLC LQT Industries, LLC has been awarded two projects to upgrade and refurbish single lift accommodations that house a total of 320 personnel on a drillship and a semisubmersible located in the Gulf of Mexico…

Hawkeye-1 disappoints

Aug 17, 2015

Otto Energy’s Hawkeye-1 exploration well, offshore Palawan basin in the Philippines, has been drilled to the planned total depth of 2920m. The top reservoir was intersected at 2710m. Hydrocarbons were logged between 2710m and 2737m in reservoir…

Otto spuds Hawkeye-1

Aug 03, 2015

Otto Energy spudded the Hawkeye-1 exploration well offshore Palawan basin in the Philippines on 31 July.  The 36in conductor was run to 1906m and the 26in hole subsequently drilled to 2449m. Current operations are to cement the 20in casing string…

Red Emperor receives farm in approval

Jul 27, 2015

Red Emperor Resources NL announced that it has received formal notification from the Department of Energy of the Republic of the Philippines that approval of the assignment of the company’s 15% working interest in Block SC55 has been granted…

Otto mobilizes Maersk Venturer

Jul 02, 2015

Otto Energy has mobilized Maersk Drilling’s ultra-deepwater drillship Maersk Venturer for the Hawkeye-1 exploration well, offshore Philippines. The two companies originally signed a letter of intent back in March 2015.  The Australian explorer says mobilization will begin on 31 July…

Red Emperor planning Filipino program

Jun 26, 2015

Red Emperor Resources is raising US$4.4 million (AU$5.76 million) for its upcoming drilling a appraisal program offshore the Philippines.  The Maersk Venturer. From Maersk. The activity will take place in the deepwater Block SC55…

Rapp Marine delivering 150-tonne crane

Mar 31, 2015

Rapp Marine will deliver its largest engineered crane for one of Otto Candies’ vessels. The 150-tonne active heave compensation (AHC) crane will be capable of lifting 150-tonne at 17m, and will be certified by Lloyd’s registry. It will…

Red Emperor farms in SC55

Mar 02, 2015

Otto Energy Philippines Inc. signed a farm-in agreement with Red Emperor Resources NL for a 15% working interest in SC55, offshore the Philippines. The Maersk Venturer. From Otto.   SC55…

Valemon hook-up complete

Feb 24, 2015

Statoil and Wood Group Mustang Norway (WGMN) completed the hook-up of the Valemon platform in the North Sea. Valemon. From Statoil.   WGMN teamed with the Korean engineering, procurement…

COSLProspector delivered

Jan 13, 2015

The first new-build semisubmersible drilling rig incorporating Wood Group Mustang Norway's (WGMN's) GG5000 floating hull design has been delivered to COSL Drilling Europe (CDE). The COSLProspector was designed to operate in water depths up to 1500m (5000 feet) and drill wells up to 7600m (25…

NOSAC meeting on diving safety, MODUs, OSVs

Nov 05, 2014

The National Offshore Safety Advisory Committee (NOSAC), sponsored by the US Coast Guard, will meet on 18-19 November in Houston. Topics on the agenda include diving safety; OSV purpose and offshore workers; and training of personnel…

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