Drill cuttings produced on board the Paul B Loyd Junior rig operating for BP in the North Sea are to undergo specialised treatment after deals signed with a specialist waste contractor.
Iñigo Aznar has been recruited as Head of Commercial Partnerships for the Volvo Ocean Race 2011-12. Iñigo has been active in the sports industry over the last 10 years, focusing on commercial and sponsorship activities. With the Volvo Ocean Race he will take his career a step further, working with n
According to a new study conducted at Durham University, oil recovery using carbon dioxide could lead to a North Sea oil bonanza worth £150bn − but only if the infrastructure to do so is put in place immediately.
Technip announces today that it has finalized its agreements with MISC Berhad and Malaysia Marine and Heavy Engineering Holdings Berhad (MHB), two companies within Malaysia’s national oil corporation, Petroliam Nasional Berhad (PETRONAS), to establish their long-term collaboration. As previously ann
MEO Australia Limited confirms receipt this afternoon of approximately US$39 million cash consideration from Petrobras in relation to the WA-360-P farm-in. The cash consideration incorporates approximately US$7.5 million of seismic related back costs, together with the first US$31.5 million cash bon
Dutch power systems specialist WhisperPower has obtained two orders for the supply of the entire hybrid power and propulsion systems for two J-class yachts which are currently under construction at Holland Jachtbouw in Zaandam, the Netherlands. The systems will be delivered mid 2011 to the 39.5 mete
Cyprus-based Intership Navigation Co. Ltd has signed a service agreement with MTN Satellite Communications (MTN), the global provider of communications, connectivity and content services to remote locations around the world, to provide broadband satellite connections for its two new giant bulk carri
Lukoil, Vanco and state oil company partners GNPC and PETROCI, are preparing for an intensive West African exploration and appraisal drilling program for two contract areas in the Gulf of Guinea, including Cape Three Points Deep Water (CTPDW, Republic of Ghana) and CI-401 (Republic of Cóte d’Ivoire)
ODS-Petrodata today announces the release of the International Offshore Wind Market Report: 2010-2020. This report presents key demand and supply information and draws conclusions about how this market will evolve over the next decade, including the forecast that global offshore wind market capacity
Baker Hughes announced today it was awarded a $137-million, eight-year contract extension from Repsol for the exclusive supply and maintenance of electrical submersible pumping (ESP) systems in Ecuador’s Block 16 and Tivacuna production areas. The award covers 200 wells in which Repsol requires ESP
The Mozah LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal October 22, according to the Milford Haven Port Authority website. The South Hook terminal can process 15.6 million tonnes of LNG a year and is capable of delivering 21 billion cubic metr
Shell today announces investment to support phase II of the prolific Parque das Conchas (BC-10) project more than 100 kilometres (62 miles) off the coast of Brazil. This significant investment develops the fourth field in the BC-10 block and continues a successful wave of production growth in Shell’
Nass&Wind Offshore, one of the leading French developers of offshore wind projects, will shortly install a wind LIDAR at the top of the Grand Léjon lighthouse, located in the bay of Saint-Brieuc off the coast of northern Brittany (France). This new generation device based on Light Detection and Rang
Apache Corporation said today that three successful wells appraising the Balnaves-1 discovery in License WA-356-P offshore Western Australia will trigger development planning by subsidiary Apache Julimar Ltd Pty. Balnaves is an oil accumulation in the Mungaroo formation in a separate reservoir benea