STATOIL has launched a design race for a new “workhorse” semi-submersible that is likely to see multiple orders placed within a year as it seeks to avert a critical shortage of rig capacity in Norway.
FOR centuries the Athabasca River of Alberta has been one of the province’s largest and most vital natural resources.
The timing of Endeavour International’s Rochelle gas project off the UK is under pressure amid a brewing row over access to nearby infrastructure.
ITALIAN contractor Saipem has placed the lowest bid in a tender to supply Petrobras with 16 steel-catenary risers to be hooked up to the semi-submersible production unit P-55, soon to be installed in the Roncador field.
Abu Dhabi-based National ¿Petroleum Construction Company (NPCC) is about to award a newbuild contract for a heavy-lift pipelay barge, with Drydocks World-Dubai seen as the front runner for the job, write Tan Hwee Hwee, Xu Yihe and Vahe Petrossian.
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Racing ahead: Plectrum and Gold Oil
UK explorer Plectrum Petroleum and its joint venture partner Gold Oil are set to dive in to Block Z-34, off Peru after getting approval for an exploration contract from state-run Perupetro.
Final formal approval from Peru's Minister of Energy is expected to follow in the New Year, it said
Block Z-34 lies near existing shallow-water production concessions in the Talara basin.
| BP takes $7bn bite of Devon |
| Dominion sells off E&P business for $3.5bn |
| Statoil in semisub hunt |
| BG makes North Sea find |
| Total primes Laggan-Tormore kick-off |
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