Tanzania offshore unveils reveals more big gas

More gas has been found offshore Tanzania Ophir Energy reports today with the Mzia 1 well.

[Read more ] • [Exploration]

Fyne field doubts raised after reserves cut

Estimated reserves in the UK North Sea Fyne field have been cut down 36% by former operator Antrim Energy and further doubt has been cast over the future development of the discovery.

[Read more ] Field development

Ketch well comes in

Tullow Oil has revealed that a new well on the Ketch field in the UK Southern North Sea has come in successfully and is to be brought onstream.

[Read more ] Field development

Aker group grows value

Norwegian industrial group Aker ASA says it value rose 16% in the first quarter to NOK 22.5 billion (US $3.74 bn) as its investments – mainly in oil and gas operations - rose in value.

[Read more ] Company news

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Lamprell warns on profit margins

Middle East-based rig and fabrication group Lamprell has warned of a tightening in the international supply chain for rig components which has hit its construction schedules and costs.

[Read more ] Company news

Bond to resume flights

Bond Offshore is to resume flying with its fleet of Eurocopter Super Puma helicopters after its own investigation of a gearbox fault which caused a North Sea crew change flight to ditch into the sea.

[Read more ] HSE

Dockwise ramps up Fairstar takeover battle

Dutch based Dockwise has launched a mandatory but hostile takeover offer for shares in rival Fairstar Heavy Transport which it does not already own.

[Read more ] Company news

Golfinho gives out

Major new reserves have been discovered offshore Mozambique with the Golfinho discovery which is thought to hold between 13 and 45 Trillion cubic feet of gas.

[Read more ] • [Exploration]

Elgin well kill operation kicks off

Work to halt the gas leak on the UK Elgin G4 well has kicked off

[Read more ] HSE

West Aquarius Newfoundland bound

Seadrill's West Aquarius deepwater rig is heading for Newfoundland to start new drilling for Statoil.

[Read more ] Rig news

JKX extends Russian holdings

East European explorer JKX has been awarded a new Russian licence which extends a known oil field where it plans to pursue development.

[Read more ] Licensing

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Breagh gas drilling begins

Drilling has commenced on one of the biggest UK Southern North Sea developments in recent years at the multi-platform Breagh gas project.

[Read more ] • [Field development]

Helicopter gearbox fault found

Initial inquiries by the UK's Air Accident Investigation Branch confirm that a gearbox oil failure was the cause of the emergency ditching of an EC 225 Super Puma helicopter last week.

[Read more ] HSE

Providence narrows losses

Providence Resources increased its profitability to 70.5% for 2011 to €0.031 million while revenue grew 24% to €13.75 million.

[Read more ] Company news

Report suggests 49.4 bn barrels off Newfoundland

A report prepared for Canadian explorer Shoal Point Energy suggests that there are up to 49.4 billion barrels of undiscovered petroleum resources in a region offshore Newfoundland.

[Read more ] Exploration

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Going for Gazelle

London-listed Rialto Energy has been granted exclusive exploitation rights to the Gazelle oil field offshore Cote d' Ívoire which is thought to contain up to 58 million barrels of oil equivalent.

[Read more ] Field development

Afren hits more pay north of Ebok field

African explorer Afren has hit more pay with its Ebok North Fault exploration well offshore south-east Nigeria.

[Read more ] Exploration

Tapir South looks dry

London-listed Chariot Oil and Gas has reported the preliminary outcome of its operated Tapir South deepwater well offshore Namibia which is a dry hole.

[Read more ] Exploration

Olympia to remain off West Africa

Ocean Rig has secured a new contract for its drillship Olympia with Total E&P offshore West Africa.

[Read more ] Rig news

FPF 1 modifications commence

Work to modify the FPF 1 Floating production facility for the North Sea Stella and Harrier field development has commenced by owner Petrofac.

[Read more ] Field development

Subsea 7 nets $1.458 billion revenue

Oslo and Luxembourg listed Subsea 7 reported a 12.84% rise in revenue to US $1.458 billion for the three months ending in March this year, up from $1.292 bn a year ago.

[Read more ] Company news

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Proserv secures Weatherford subsea business

Aberdeen-headquartered Proserv has swooped in to buy the subsea controls business owned by Weatherford International with the backing of a private equity firm.

[Read more ] Company news

April 2009 disaster remembered

One of the worst helicopter accidents in the North Sea took place just over two years on 1 April 2009 involving a Bond Helicopter which was returning to Aberdeen from BP's Miller platform.

[Read more ] HSE

AAIB starts North Sea helicopter inquiry

Britain's Air Accident Investigation Branch is now working on inquiries into the Bond Helicopter EC225 ditching near Aberdeen.

[Read more ] HSE

Bond suspends flights

Bond Offshore Helicoptershas suspended flights with the Eurocopter EC225 aircraft  as a precautionary measure after the emergency ditching in the North Sea near Aberdeen.

[Read more ] • [HSE]

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