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Merkel Says May Be Necessary To Rethink EU Energy Partnership With Russia

September 30, 2014

German Chancellor Angela Merkel said on Monday there were good reasons to continue the European Union’s energy partnership with Russia for the time being but that might change if Moscow continues to violate basic principles. Merkel, speaking at a news conference in Berlin with Finland’s Prime Minister Alexander Stubb, said that in the medium- to… Continue Reading »

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ShawCor Bags Shah Deniz 2 Pipe Coating Gig

September 30, 2014

ShawCor’s pipe coating division, Bredero Shaw, has received contracts with a value of approximately US$200 million from BP Exploration (Shah Deniz) Limited for pipeline coating and other services in connection with the Shah Deniz Stage 2 development project. The contracts are scheduled to be executed from plants within Bredero Shaw’s EMAR region. The contracts awarded… Continue Reading »

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Students Experience ROV Offshore Operations

September 30, 2014

One of the benefits of training as an ROV pilot technician or commercial diver at The Underwater Centre in Fort William is the range of subsea industry activity that students are exposed to.  As well as providing subsea training, The Underwater Centre also provides the facilities and marine environment for subsea trials and testing.  This… Continue Reading »

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Diver Exploits: Logan’s Journey to Underwater Welding Certification

September 30, 2014

I just turned 23 years old on September fifth – the same day that I passed my welding certification test – that was probably the best birthday present that I could ask for. Achievements & Experience in Topside Welding The person that sparked my interest to go into commercial diving was my welding teacher from… Continue Reading »

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Encana Buying Athlon Energy For $5.93 Billion

September 30, 2014

Oil and natural gas company Encana is buying Athlon Energy Inc. for $5.93 billion in an effort to boost is oil production by tapping into Texas’s booming Permian Basin. Canada’s Encana Corp. will also assume $1.15 billion in debt, bringing the transaction’s total value to approximately $7.1 billion. Encana, a major natural gas producer, has… Continue Reading »

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Shell Gets Nod for Ormen Lange Drilling

September 30, 2014

The Norwegian Petroleum Directorate (NPD) has granted A/S Norske Shell a drilling permit for wellbore 6305/8-2, cf. Section 8 of the Resource Management Regulations. Wellbore 6305/8-2 will be drilled from the Transocean Barents drilling rig. The drilling programme for wellbore 6305/8-2 relates to the drilling of an appraisal well in production licence 250. A/S Norske Shell… Continue Reading »

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Interra Commences Drilling at CHK 1194 Well in Myanmar’s Chauk Oil Field

September 29, 2014

Interra Resources Limited (the Company or Interra) reported Friday that its jointly controlled entity, Goldpetrol Joint Operating Company Inc. (Goldpetrol), has commenced drilling development well CHK 1194 in the Chauk oil field in Myanmar. Interra has a 60 percent interest in the Improved Petroleum Recovery Contract of the Chauk field and also owns 60 percent… Continue Reading »

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Akastor Nets Five-Year Contract Extension from Petrobras

September 29, 2014

AKOFS Offshore, a part of Akastor ASA, has been notified of a five-year contract extension from Petrobras to use the Skandi Santos, a Subsea Equipment Support Vessel in Brazil. The extension, worth about $387 million (NOK 2.5 billion), will start March 1, 2015 in direct continuation of the current contract. The vessel is currently operating… Continue Reading »

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Armour Energy Flows Gas at Egilabria 2 Well in ATP1087 in Queensland

September 29, 2014

Armour Energy Ltd reported Monday that the Egilabria 2 well in ATP1087 in Queensland, Australia has started to continuously flow gas through the test separator during the flowback recovery process. Continuous flow is being observed with intermittent flaring. However, Armour has not yet measured the flow rate. The Company expects to begin flowing annulus gas through the… Continue Reading »

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Eni Secures New Offshore Blocks (Egypt)

September 29, 2014

Eni was the successful bidder of new exploration licenses in Egypt as a result of the competitive 2013 EGAS bid round. The new licenses will be formally awarded soon, after the ratification and finalization of the Concession Agreements. As a result of the EGAS bid round, Eni will become the operator of Block 9 and… Continue Reading »

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