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Strong Performance From Latest Bualuang Wells Offshore Thailand

 Four wells are onstream under a new phase of development drilling on the Bualuang oil field in the Gulf of Thailand, according to operator Salamander Energy.


Hundreds of Millions of Pounds of Tax Revenues to Flow from Mariner, says Oil &

 Welcoming the Department of Energy and Climate Change’s (DECC) approval to develop the Mariner heavy oilfield, Mike Tholen, Oil & Gas UK’s economics director, said: “We are delighted that the Government has approved this £4.3 billion investment in the UK’s oil reserves. 


Total has Received a Firm Offer From Borealis for its Majority Interest in Belgi

 Total has received a firm offer from Borealis for its entire 56.86% interest in Belgium’s Rosier S.A., listed on NYSE Euronext Brussels. A leading international provider of chemical solutions, Borealis is already active in nitrogen fertilizers in Central Europe, as well as in France following its acquisition of PEC-Rhin S.A. in early 2012. Borealis has offered €200 per share for Total’s majority interest.


Oil & Gas UK Welcomes EnQuest’s £169 million Investment in Thistle

 Mike Tholen, Oil & Gas UK's economics and commercial director, said: "Oil & Gas UK is pleased  that the tax change made recently by the Government to promote further new investment in the UK's existing oil and gas fields continues to deliver real benefits to the national economy.  


Gunmen Ambush Oil Industry Barge in Nigeria’s Delta, Killing 3

 YENAGOA (Reuters) – Gunmen ambushed an Indian-owned oil barge on Tuesday as it was being escorted by the military through Nigeria’s Niger Delta region, killing two soldiers and one crew member on the ship, a security forces spokesman said.

The ship belonging to Sterling Global Oil Resources, part of the Sandesara Group conglomerate, was fired on in the Angiama area of the delta, according to Onyema Nwachukwu, spokesman for mixed military and police brigades in the Niger Delta region.


Oceanteam Shipping ASA - Order Of New 2000T/4000T Modular Carousel

 Oceanteam Shipping ASA announced today that it has taken up one of its options and ordered a new, OTS design, 2000t modular carousel system, which will be delivered in April 2013.


BP Starts Production from New Valhall Platform in Norwegian North Sea

  BP today announced the successful start-up of oil production from new facilities at the Valhall field in the southern part of the Norwegian North Sea. Production started on 26 January.


The Need For Wind Farm Construction Vessels Is Growing Rapidly

 2013 marks the start of a period of rapid growth in the windfarm construction vessel market and it coincides with new operational demands that require careful consideration, particularly in the design of jack-up systems. DNV highlights the need for owners and yards to consider both class and flag state requirements when evaluating limited operation designs.


BP Begins Production From Skarv Field, Norway

  BP and partners today announced the successful start of production from the Skarv field in the Norwegian Sea, one of a series of new major upstream projects that BP brought into production in 2012. Production started on 31 December, 2012


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