Category archives for: News

TGS in New Deepwater GoM Shoot

TGS in New Deepwater GoM Shoot

TGS, a provider of multi-client geoscience data to oil and gas exploration and production companies, is continuing its Explorer Series seismic acquisition program in the deepwater U.S. Gulf of Mexico. Panfilo 3D will add 11,500 km(2) to TGS’ multi-client library in the Lund and Henderson Central Gulf of Mexico protraction areas. Acquisition will begin in Q4 2014 with […]

Faroe Sells Glenlivet Field Interest to Total E&P UK

Faroe Sells Glenlivet Field Interest to Total E&P UK

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, announces the sale of its ten percent interest in the undeveloped West of Shetland Glenlivet gas field to Total E&P UK Limited. The consideration for the sale of the Glenlivet interest is £10 million, […]

Top News of the Week of Sep 15 – Sep 21, 2014

Top News of the Week of Sep 15 – Sep 21, 2014

1. Subsea 7 Reduces Norwegian Workforce Oil services company Subsea 7 is reportedly reducing its Norwegian workforce between 100 and 150 employees due to project delays. 2. Scientists Find Large Submarine Canyon in Med A massive underwater canyon has been discovered in the Mediterranean near Italy by an international team of scientists that includes mapping […]

RWE Dea Postpones Zidane Subsea Project

RWE Dea Postpones Zidane Subsea Project

The Plan for Development and Operation (PDO) for the Zidane development will not be submitted to the authorities in October as planned. ”Further value enhancement is required to make the project more robust,” says Managing Director Hugo Sandal of RWE Dea Norge. RWE Dea Norge is operator of the Zidane field. The plan was to […]

Maersk Valiant Starts Operations in US Gulf of Mexico

Maersk Valiant Starts Operations in US Gulf of Mexico

Maersk Drilling’s second drillship, Maersk Valiant, has started operations in the US Gulf of Mexico, the Company informed through their social media. Maersk Valiant has began a two year contract with ConocoPhillips and Marathon Oil Corporation. Featuring dual derrick and large subsea work and storage areas, the design allows for efficient well construction and field […]

Drilling of Pingvin Prospect in Barents Sea Completed

Drilling of Pingvin Prospect in Barents Sea Completed

As a partner in production licence 713, North Energy is completing the drilling of the Pingvin prospect in exploration well 7319/12-1. The well has identified gas in a sandstone reservoir. Extensive data have been acquired from the well through coring, wireline logging and liquid sampling. Updated information from the well will be provided as soon as […]

Petroceltic, Edison Awarded New Exploration Licence (Egypt)

Petroceltic, Edison Awarded New Exploration Licence (Egypt)

Petroceltic International’s joint venture comprising Petroceltic and Edison International Spa (Edison) has secured the North Port Fouad Block, in the Egyptian Natural Gas Holding Company 2013 International Bid Round. North Port Fouad (Block 7), is located offshore the Nile Delta and lies to the north of, and immediately adjacent to, the North Thekah Block, which was awarded […]

SEGC Topo to Conduct Bathymetric Survey Off Nice

SEGC Topo to Conduct Bathymetric Survey Off Nice

SEGC Topo has, through tender procedure, secured a contract by Métropole Nice Côte d’Azur for bathymetric survey services. The contract has a value of approximately $137,000 (106,000 EUR). The work consists of bathymetry surveys of the seabed in the region of the Metropolis Nice Cote d’Azur, including the harbour basin. The awarded contract includes control and […]

Polarcus Inks LoI for West Africa 3D Seismic Survey

Polarcus Inks LoI for West Africa 3D Seismic Survey

Polarcus Limited announces that the Company has signed a Letter of Intent (“LOI”) with an undisclosed client for a 3D marine seismic acquisition project offshore West Africa. The project, subject to the execution of a service contract, will commence in Q4 2014 and is expected to run for approximately 3.5 months. Polarcus is a pure […]

Petrobras Gets Nod to Deploy 13 FPSOs in Santos Basin by 2017

Petrobras Gets Nod to Deploy 13 FPSOs in Santos Basin by 2017

Brazilian Institute of Environment and Renewable Natural Resources (IBAMA) issued a preliminary license to Petrobras for the installation of 13 FPSO (Floating, Production, Storage and Offloading) vessels in the Santos Basin by 2017. The FPSOs will be installed between 200 and 300 km away from the coast in Block BM-S-9, BM-S-11 in the pre-salt Santos […]







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