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Source: Maersk DrillingOffshore driller Maersk Drilling has signed a contract with Aker Energy for Maersk Viking, an ultra-deepwater drillship, to drill the Pecan-4A appraisal well offshore Ghana. The contract covers one firm well with an expected duration of 30-35 days, with options for additional wells, and it is expected to start in the fourth quarter …
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Aker Energy, an oil company established in February 2018, has awarded contracts for its appraisal well offshore Ghana to Maersk Drilling, PMD Viking Ghana Limited, Halliburton Ghana, and Exceed Well Management. Representatives from Maersk Drilling, PMD Viking Ghana Limited, Halliburton Ghana Limited and Exceed Well Management Ghana Limited at a signing ceremony in Accra. Source: Aker …
Continue reading "Halliburton, Exceed get service contracts for Aker Energy’s Ghana campaign"
Vienna, Austria, 25 September 2018--The price of OPEC basket of fifteen crudes stood at $78.81 a barrel on Monday, compared with $77.08 the previous Friday, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Oriente (Ecuador), Zafiro (Equatorial Guinea), Rabi Light (Gabon), …
Continue reading "OPEC daily basket price stood at $78.81 a barrel Monday, 24 September 2018"
Offshore technical assistance company Petrolis has won a contract from Saipem for hook-up and mooring activities on Total’s FPSO Kaombo Sul to be located on Block 32 off Angola. Source: Petrolis Petrolis said on Wednesday that the company was chosen for the hook-up and mooring of the FPSO Kaombo Sul (Kaombo South) by Saipem following successful completion …
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zoomOcean Rig Poseidon; Image source: Pancontinental Oil & Gas Tullow Oil has encountered non-commercial hydrocarbons at its Cormorant-1 exploration well in the PEL-37 license, offshore Namibia, and the well is being plugged and abandoned. Tullow said on Monday that the Cormorant-1 exploration well has been drilled to a total depth of 3,855 meters and penetrated …
Offshore technical assistance company Petrolis has won a contract from Saipem for hook-up and mooring activities on Total’s FPSO Kaombo Sul to be located on Block 32 off Angola. Source: Petrolis Petrolis said on Wednesday that the company was chosen for the hook-up and mooring of the FPSO Kaombo Sul (Kaombo South) by Saipem following successful completion …
Continue reading "Petrolis wins contract for Kaombo Sul FPSO hook-up and mooring"
Malaysia’s Sapura Energy has secured three new contracts and a contract extension valued at approximately RM 815 million ($197.4 million). Sapura Constructor; Source: Sapura EnergyThe contract awards are in Australia, Brunei, Malaysia and Nigeria, bringing the total value in contract wins for this financial year to-date to RM5.3 billion for the group. “Sustained high oil …
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First oil has started flowing from the BW Energy-operated Tortue field offshore Gabon. BW Adolo FPSO; Source: BW OffshoreBW Offshore said on Monday that that first oil from the BW Adolo FPSO was safely achieved on September 16, 2018, 18 months after the initial investment was made in the Dussafu license offshore Gabon. “We have …
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 The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote on Thursday in Lagos performed the re-christening of ‘ADABA’, a dynamic positioning  system vessel owned by NigerStar7, valued at $10 million.NigerStar7 ADABA will be flying the Nigerian National Flag, rated as DP2 and is equipped with Kongsberg DP system. …
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 The Nigerian Content Development and Monitoring Board (NCDMB) and the Bank of Industry (BOI) have relaxed some of the conditions for accessing the US$200 million Nigerian Content Intervention Fund (NCI Fund) by qualified oil and gas service companies. NCDMB and BOI convened a stakeholders’ forum in Lagos recently to address the major challenges applicants face …
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