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Asian Firms to Replace Western Energy Majors If They Leave Russia-Minister

September 23, 2014

Asian companies will replace Western majors if they quit energy projects in Russia due to sanctions over Moscow’s role in Ukraine, Natural Resources Minister Sergei Donskoi said. Donskoi told Reuters that Asian companies had signalled their interest as the United States targeted cooperation with Russia in exploring or producing oil from the Arctic offshore, deep… Continue Reading »

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Risco to Pay $101 Mln for Otto’s Stake in Galoc

September 23, 2014

Otto Energy Limited has executed a sale and purchase agreement (SPA) to divest 100% of the shares in Galoc Production Company WLL (GPC), the holder of Otto’s 33% interest in the Galoc oil field located in Service Contract 14C, to Risco Energy Investments Pte Ltd, a Singapore-based energy investment company. Under the SPA, Risco has… Continue Reading »

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How Do I Become a Commercial Diver?

September 23, 2014

If you have a keen interest in diving, you are on the right path to become a commercial diver, but you will need to undergo a significant amount of training before you can enter this career field. The job can be extremely dangerous, and you will need to spend a significant amount of time underwater learning… Continue Reading »

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Storm sinks commercial dive boat in North Sydney

September 23, 2014

A North Sydney-based commercial diving boat sank Monday morning after a pre-fall storm that brought heavy rain and strong winds to parts of the Maritimes. Shortly after 8 a.m., the 14-metre Kenworth dipped to the starboard side before it was hit broadside with a massive wave, says the vessel’s owner, Ken Jardine. An outdoor sport and research… Continue Reading »

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Total To Sell More Assets, Cuts Oil Output Target

September 23, 2014

French oil company Total is to sell more assets and cut costs to generate more cash and is to revamp exploration plans after reducing its oil production target. Total, which has struggled with production outages in Libya, Kazakhstan and Nigeria, on Monday cut its 2017 output goal to 2.8 million barrels of oil equivalent per… Continue Reading »

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Salamander Gets EIA Approval for G4/50 Licence, Thailand

September 23, 2014

Salamander announces that its Environmental Impact Assessment (“EIA”) for exploration drilling in the G4/50 licence, Greater Bualuang area, Gulf of Thailand, has been granted conditional approval. Of  the 20 drilling locations in the original EIA, 18 have been approved subject to: updating the oil spill response modelling to account for the removal of two potential… Continue Reading »

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Statoil to Lay up COSL Pioneer Rig for Short Time

September 22, 2014

Statoil reported late Wednesday that it will lay up the COSL Pioneer (mid-water semisub) rig during the fourth quarter of 2014, but that taking the rig out of operation temporarily will have no impact on the firm’s production targets or planned exploration activity on the Norwegian Continental Shelf. Currently, the rig is being put to… Continue Reading »

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TGS in New Deepwater GoM Shoot

September 22, 2014

GS, 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… Continue Reading »

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Pertamina to Deploy New Rig to Drill at Algeria’s Block 405A in January

September 22, 2014

Indonesia’s PT Pertamina Drilling Services (PDSI), a subsidiary of national oil and gas company PT Pertamina, will take delivery of a newbuild drilling rig contructed by PT Citra Tubindo Engineering (CTE) in October for operations at the firm’s oil fields in Algeria, local daily The Jakarta Post reported Thursday. The rig, costing $26 million which… Continue Reading »

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Salamander Gets EIA Approval for G4/50 Licence, Thailand

September 22, 2014

Salamander announces that its Environmental Impact Assessment (“EIA”) for exploration drilling in the G4/50 licence, Greater Bualuang area, Gulf of Thailand, has been granted conditional approval. Of  the 20 drilling locations in the original EIA, 18 have been approved subject to: updating the oil spill response modelling to account for the removal of two potential… Continue Reading »

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