Zeta Energy is offering up US$22.5 million for an unconditional takeover offer for Pan Pacific Petroleum NL (PPP). Map from PPP. The offer equals to $0.04 (A$.05) per share and will be made as an on-market cash offer…
Dutch contractor Allseas last night (26 February) signed a contract with Norway's Statoil for the installation of three platforms on the giant Johan Sverdrup development in single lifts using the newly renamed mega-vessel Pioneering Spirit…
The Petroleum Safety Authority Norway granted Talisman Energy Norge AS consent for exploration drilling of well 15/12-24 at the Snømus prospect. Image of the Maersk Giant jackup. From Maersk. The well is located in production license 672…
Talisman Energy shareholders approved Spain’s Repsol to take over the Canadian company for an estimated US$8.3 billion. Image from Repsol. In an overwhelming vote of more than 99%…
Private equity group Epi-V has taken on Talisman Sinopec Energy UK CEO Geoff Holmes to lead its FourPhase portfolio company CEO as it looks to grow its global portfolio. it has also taken on Expro director Tony Kitchener, as Chairman…
UK-based oilfield services company Archer has received a 30-day notice of early termination of its modular drilling rig contract for the Archer Emerald from Talisman Sinopec Energy UK. The effective date of termination is expected as the 29 of January 2015…
First oil from the delayed Brynhild field in the Norwegian North Sea has finally been achieved, a year after it was first due on stream, says operator Lundin Petroleum. The field, which started production on Christmas Day, in production license 148…
Ithaca Energy has appointed Roy Buchan as its Chief Operations Officer, starting 5 January 2015, and announced that Chief Development Officer John Woods is to leave the company on 31 January. The move comes as Ithaca nears first production…
Spain's Repsol has agreed a deal to buy Canadian exploration and production company Talisman Energy for US$8.3 billion plus debt - amounting to the largest international deal by a Spanish company in five years. The deal, which had been rumored for some months…
Calgary-based Talisman Energy has said it may suffer writedowns on its UK North Sea assets in Q4 due to battling production efficiency and cost issues on its assets in the basin. In its third-quarter report, Talisman said its UK North…
When the Varg A monotower offshore Norway required stabilization, IK came up with a novel, remote, subsea solution. Elaine Maslin found out more after hearing about the project at the Underwater Technology Conference in Bergen earlier this year…
Wood Group Intetech (WG Intetech) has appointed Ogo Ikenwilo to the role of regional well integrity manager – North Sea. Ikenwilo will manage the company’s North Sea client base while identifying opportunities to increase its regional market share…
Veolia won a contract to decommission the 14,000-tonne Yme oil platform in the Norwegian North Sea. The doomed Talisman Yme will be removed and towed in a single lift from its current North Sea location and be moved to Lutelandet in South West Norway to be dismantled by Veolia…
Det norske oljeselskap's wildcat exploration well 2/9-5S on the Heimdalshø prospect found no hydrocarbons. Det norske said the well, the first in production license (PL) 494, about 30 km east of the Norwegian North Sea Valhall field…
Talisman Energy has confirmed that it has been approached by Spain's Repsol over 'various transactions.' Repsol has been reported to have been considering a bid for Canada-based Talisman, Bloomberg reported. A statement from Talisman…
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