Providencehelp Worldwide Foundation


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Contact Providencehelp Worldwide Foundation Ltd

Friday, 21 November 2014

Statoil cancels rig and takes $350 million hit after Angola disappoints

STAVANGER, Norway -- Statoil has decided to cancel its Stena Carron rig contract after fulfilling its work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin, offshore Angola. The rig contract will cease with effect from Nov. 21, 2014.


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BSEE investigating fatal explosion in Gulf of Mexico

NEW ORLEANS - The U.S. Bureau of Safety and Environmental Enforcement (BSEE) is actively investigating an explosion aboard a production platform at West Delta 105, operated by Fieldwood Energy. The explosion, which took place on Nov. 20, resulted in one fatality and three injured.


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EMGS awarded contract for Brazil research project

TRONDHEIM, Norway -- Electromagnetic Geoservices ASA (EMGS) has received a contract worth $1.5 million for a research project in Brazil. The project will use 3D EM data to map shallow gas hydrates in the Pelotas basin.


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DNV GL wins multi service contract from Maersk Oil

DNV GL wins multi service contract from Maersk Oil HOVIK, Norway DNV GL has secured a multi million pound project from Maersk Oil North Sea UK for the Culzean field development project. The scope includes Independent Competent Person Verification, Independent


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Thursday, 20 November 2014

BSEE responding to explosion in Gulf of Mexico; 1 fatality

NEW ORLEANS -- The U.S. Bureau of Safety and Environmental Enforcement (BSEE) is responding to an explosion at West Delta 105 in the Gulf of Mexico, approximately 12 miles off the coast of New Orleans.


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Billion Arctic oil barrels mean OMV unfazed by price slump

STAVANGER, Norway (Bloomberg) -- Tumbling oil prices aren’t deterring OMV AG from its Arctic ambitions, as the Austrian explorer plans to begin exploiting a discovery in the Barents Sea from 2022. “If you have a billion barrels of good quality oil, be it in the Barents Sea or be it in the Norwegian North Sea, you should be able to develop it,” Bernhard Krainer, managing director of OMV’s Norwegian unit, told a conference Nov. 20. “We can’t really care too much what the oil price is right now.”


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Oyster Petroleum farms into further UK North Sea license

Oyster Petroleum farms into further UK North Sea license DORKING, United Kingdom Oyster Petroleum has entered into a farm in agreement whereby, in exchange for covering certain well costs on drilling. Oyster Petroleum will acquire a 30% interest in licence


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TGS signs LOA for 2D seismic surveys with Seabird

TGS signs LOA for 2D seismic surveys with Seabird ASKER, Norway TGS has signed a Letter of Award (LOA) with Seabird Exploration to acquire up to 300,000 km of 2D seismic data over Mexico and US Atlantic waters. The LOA


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Ulstein Verft ready for big scale construction

Ulstein Verft ready for big scale construction ULSTEINVIK, Norway Ulstein Verft’s largest vessel so far, hull 302 is under full production these days. Sections for hull 302, an offshore construction vessel for Island Offshore Edison Chouest Offshore, have arrived Ulsteinvik,


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Wednesday, 19 November 2014

Technip names its newest DSV 'Deep Explorer'

PARIS -- Technip has named its latest newbuild Diving Support Vessel (DSV), the ‘Deep Explorer.’


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Cairn Energy completes Senegal drilling programme

Cairn Energy completes Senegal drilling programme EDINBURGH, United Kingdom Cairn Energy and its JV partners have completed drilling operations on the SNE 1 well in Senegal and plans are now underway to appraise the discovery next year. Having discovered oil


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CIMC Raffles acquires order for its 14th deepwater semisubmersible rig

CIMC Raffles acquires order for its 14th deepwater semisubmersible rig YANTAI, China CIMC Raffles has acquired a new order for its deepwater semisubmersible accommodation rig CR600 from C. Helios. The CR600 design and IP rights are fully developed and owned


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Eni strengthens its presence in Turkmenistan

Eni strengthens its presence in Turkmenistan MILAN, Italy Eni has signed an addendum to the Production Sharing Agreement (PSA) with respect to the onshore Nebit Dag Area, located in West Turkmenistan, with Turkmen State Agency for Management and Use of


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Tuesday, 18 November 2014

Monyo supplies 2000 Series pumps for fleet of offshore supply vessels

Monyo supplies 2000 Series pumps for fleet of offshore supply vessels SPRINGFIELD, Ohio – Ten of Moyno’s 2000 Series pumps have been ordered for a new fleet of offshore supply vessels that will be used to service drilling rigs worldwide.


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Shale output unchecked by rig cutback as top fields become focus

NEW YORK (Bloomberg) -- Shale drillers are planning on production growth with fewer rigs despite a worldwide glut that has sent crude prices to a four-year low. Companies including Devon Energy Corp., Continental Resources Inc. and EOG Resources Inc. said they expect to pump more from their prime properties while cutting back in their least productive prospects. That puts the onus on OPEC nations, led by Saudi Arabia, to cut output if they want to stem the slide in global oil prices.


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Rampart Energy gains acquisition of Australian exploration asset

Rampart Energy gains acquisition of Australian exploration asset ADELAIDE, Australia Rampart Energy has secured the rights to an 80% working interest, as operator, in the newly released exploration permit WA 507 P, located within the prolific Northern Carnarvon basin, off


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Cegelec adopts the Actemium brand name

Cegelec adopts the Actemium brand name ABU DHABI VINCI Energies has announced the rebranding of its Cegelec Oil and Gas businesses. All Cegelec activities in the Middle East region officially become Actemium, the VINCI Energies’ brand dedicated to industrial process.


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Paradigm launches game changing fire deluge safety testing technology

Paradigm launches game changing fire deluge safety testing technology Groot Ammers, The Netherlands Paradigm Flow Services has demonstrated a groundbreaking new technology, the Dry Flo, which eliminates issues with conventional wet testing for fire deluge safety systems which can lead


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Eco Atlantic commences 2D seismic survey on the Guy block, offshore Namibia

Eco Atlantic commences 2D seismic survey on the Guy block, offshore Namibia TORONTO, Canada Eco Atlantic has commenced a 1,000 km 2D seismic survey on the Guy block located in the Walvis basin, offshore Namibia. The company engaged, PGS Geophysical


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Monday, 17 November 2014

Total awards multi-million UKCS contract to Bibby Offshore

ABERDEEN, United Kingdom -- Bibby Offshore has announced a multi-million dollar contract award by Total E&P UK Limited for services on the UKCS. The project, including associated project management and engineering, will be carried out on the Ellon and Grant field, located 270 miles northeast of Aberdeen and in water depths of up to 135 m.


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Gazprom Neft completes drilling, well testing at Dolginskoye field

ST. PETERSBURG, Russia -- Dolginskoye field operator Gazpromneft-Sakhalin, a subsidiary of Gazprom Neft, completed testing of a well drilled at the Dolginskoye field, Pechora Sea, in summer 2014.


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Third Arctic oil shipment from Prirazlomnoye field delivered to Europe

ST. PETERSBURG, Russia -- The Mikhail Ulyanov tanker has delivered the third shipment of Arctic oil (ARCO) produced at the Prirazlomnoye field to consumers in northwestern Europe. Crude shipments from the field totalled approximately 200,000 tonnes in 2014. A fourth tanker is expected to be loaded with the new oil before the year-end.


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DNV GL tackles corrosion and integrity of ageing wells with new JIP

DNV GL tackles corrosion and integrity of ageing wells with new JIP HOVIK, Norway The global oil and gas industry is now facing the reality that many of its onshore and offshore wells are being used beyond the original lifespan.


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Crude Oil Tanker Controls