A full tensor gradiometry and magnetic airborne survey revealed a new oil prospect off the coast of Northern Ireland for Providence Resources. The Polaris prospect, located in the Rathlin Sound, lays structurally ontrend with the onshore 2008 Ballinlea1 well…
The US Bureau of Ocean Energy Management and US Department of the Interior announced that Central Gulf of Mexico Lease Sale 227 will offer 28.6 million acres off Louisiana, Mississippi, and Alabama. The sale will take place this month in New Orleans…
The Kenyan Government has confirmed a 60% expansion of FAR Ltd.’s L6 exploration permit off Kenya. This additional area, which had previously been relinquished and has now been re-instated, increases the total permit area to 5,010 km2.Click…
Oilfield activity in the Mediterranean region was disrupted by extreme political events last year across northern Africa. The ‘Arab Spring’ revolutions in Egypt, Libya, and Tunisia, as well as the continuing conflict in Syria shut down most non-essential activity…
Olso-based Aker Solutions and Houston-based FMC Technologies Inc. have both announced today major subsea contract deals with Petrobras in connection with the Brazilian NOC's pre-salt fields.(Image: Aker Solutions)Aker Solutions signed a new…
Venture capital firm Energy Ventures’ has announced a multi-million pound investment in Abrado Wellbore Services and its intention of seeking investing $100m in North Sea businesses seeking growth capital or buyouts over the next 12 months…
Research identifying strengths and weaknesses in the oil & gas decommissioning sector will be outlined to delegates attending a new one-day event for the sector taking place in Aberdeen today.Decom Offshore 2013 is being held by offshore oil…
Magma Global has strengthened its riser development team by appointing Simon Luffrum as Project Manager. Simon joins Magma from SRP (Subsea Riser Products) where he was Managing Director. Simon will initially head up Magma’s Taper…
Modus Seabed Intervention continues to demonstrate its commitment to be at the forefront of subsea technologies with the creation of a new Autonomous Underwater Vehicle (AUV) division.The North East England-based company has begun an investment programme into a planned fleet of AUV units…
GE Oil & Gas 2013 Annual Meeting, in its 14th consecutive year, was attended by more than 1000 oil and gas industry executives from over 70 countries. Meg Chesshyre joined the multitude in Florence, Italy.Gorgon module loading at Avenza, ItalyAt the beginning of the two day event…
HRT's wholly-owned subsidiary HRT Walvis Petroleum Ltd., spud the Wingat-1 (2212A/07) exploration well offshore the Republic of Namibia. The well is the first in HRT's back-to-back exploratory program in the Walvis Basin, the company announced on 25 March 2013…
SBM Offshore is pleased to announce that it has received a Letter of Intent (LOI) for the twenty year charter and operation of two (2) FPSOs from BM-S-11 subsidiary Tupi BV on 22 March 2013.The FPSOs will be deployed at the Lula field in the pre-salt province offshore Brazil…
Marine Well Containment Company (MWCC) and Wood Group PSN today announced the formation of an offshore reserve response team.Made up of 100 select reserve operations personnel, the team will be activated should MWCC’s modular capture vessels…
Perceptions may not be as bad as reality in post-conflict Libya.Hundreds of billions of dollars are expected to be spent in the cash-rich country in coming years; westerners are welcome in Tripoli; security has improved, and organizations…
Det Norske Oljeselskap ASA has as operator been authorized to develop the Ivar Aasen-field in the North Sea.The plan for development and operation of Ivar Aasen and Gina Krog were approved on Friday. Det Norske has a 3.3% share in Gina Krog…
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