Brazil’s 13th Licensing Round Set To Begin
October 7, 2015
Brazil’s 13th licensing round will be held Wednesday at the Windsor Barra Hotel in Rio de Janeiro. Thirty-seven companies have qualified to take part in the bidding for new offshore and onshore exploration acreage in Brazil. Among the companies given…
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Bass Gains Extension For Gippsland Basin Permit
October 7, 2015
Bass Strait Oil Company Limited has sought and received approval from the National Offshore Titles Authority (NOPTA) for a 12 month suspension and extension of the work program and permit term for its wholly owned Vic/P68 permit located in the…
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LONDON (Reuters) – Russian billionaire Mikhail Fridman’s LetterOne fund has emerged as the frontrunner for the acquisition of German utility E.ON’s <EONGn.DE> Norwegian North Sea assets, three industry and banking sources said on Tuesday. The potential acquisition would signal a…
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Shell CEO Sees First Signs Of Oil Price Recovery
October 6, 2015
LONDON (Reuters) – Oil markets are beginning to recover but the scale of global oversupply means prices may rise only slowly, the chief executive of Royal Dutch Shell Plc <RDSa.L> said on Tuesday. “I see the first mixed signs for…
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Fugro (Mexico), a global supplier of offshore geotechnical services, in conjunction with long-time associates, Diavaz, has been awarded an extension of the ongoing offshore geophysical and geotechnical campaign by the Mexican national oil company, PEMEX. According to Fugro, geotechnical field…
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FMC Technologies Board Of Directors Welcomes New Member
October 6, 2015
FMC Technologies, Inc., a Houston-based provider of equipment and services for the energy industry, has appointed Kay Priestly as a new member to its board of directors, effective October 2, 2015. According to FMC Technologies, Kay Priestly, former Chief Executive…
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Shell Kicks Off Production From Bonga Phase 3 (Nigeria)
October 5, 2015
Shell has announced the start-up of production from the Bonga Phase 3 project, offshore Nigeria. Andrew Brown, Shell’s Upstream International Director, said: “This new start up is another important milestone for Bonga, adding valuable new production to this major facility.”…
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Lundin Spuds Neiden Wildcat
October 5, 2015
Lundin Petroleum’s wholly owned subsidiary Lundin Norway has started drilling of exploration well 7220/6-2 on the Neiden prospect in the Barents Sea. The Neiden prospect is located in the northern part of PL609, some 60 km northeast of the Alta…
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Danish drilling contractor Maersk Drilling has reported that its jack-up rig Mærsk Giant is being repaired due to a damaged spudcan. The Danish company in a tweet on October 1, said that the rig would be ready for the new…
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EMGS Gets Better Terms On BOA Vessel Contract
October 2, 2015
Norway’s Electromagnetic Geoservices ASA (EMGS) has signed an extended charter agreement for the vessel BOA Thalassa with BOA SBL AS. According to EMGS the new contract has improved commercial terms. The new terms are valid as of October 1, 2015.…
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