A new report released today on the 100th day of the BP oil disaster details short- and long-term strategies for the Obama administration to make coastal Louisiana less vulnerable to future oil spills and hurricanes, including negotiating with BP for a $5 billion down payment on expected payments for
EXXONMOBIL’S CHAIRMAN REX W. TILLERSON COMMENTED: “ExxonMobil’s focus on operational excellence continues to deliver strong results. Second quarter earnings, excluding special items, of $7.6 billion, were up 85% from second quarter of last year reflecting higher crude oil realizations, improved down
Statoil has received consent to conduct exploration drilling of well 7220/8-1 using the mobile drilling facility Polar Pioneer. The well will be located about 200 km from land NW of Ingøy in Finnmark and about 210 km SSE from Bear Island. The well has the following geographic coordinates: * N 72 ° 2
Noble Energy, Inc. reported today second quarter 2010 net income of $204 million, or $1.10 per share diluted, on revenues of $751 million. Net income for the quarter included an unrealized commodity derivative gain, as well as a rig contract termination expense. Excluding these items, which would ty
PD Ports has welcomed the decision by a major supplier to the offshore energy sector to more than double its facility at Hartlepool dock. (bymnews) [mappress] Source: bymnews, July 29, 2010;
Ian Tombs has been appointed Senior Vice President, Corporate Compliance at Inchcape Shipping Services. With a background in Mechanical Engineering, his work was for many years focused on the design, manufacture, installation and recovery of submarine communication cable systems. He brings considera
Clipper Motor Yachts has used the opening of the Sydney International Boat Show to announce the development of a new line of luxury sedan cruisers for the Australian boating lifestyle. The first model in the exciting new Hudson Bay range, a 54, will be launched at the Sanctuary Cove International Bo
The CMA CGM Group announced the delivery in South Korea of the CMA CGM Leo (11,400 TEU). Built by Hyundai Heavy Industries shipyards, the CMA CGM Leo is the fifth of a series of 12 vessels of 11,400 TEU ordered by the CMA CGM Group and that will be delivered between 2010 and 2011.
Offshore arm Keppel FELS commercialises its new wind turbine installation vessel design for deeper waters in partnership with leading fleet owner and operator Seafox Group. Keppel FELS Limited’s (Keppel FELS) multi-purpose self-elevating platform (MPSEP) design has been chosen by the Seafox Group (S
Responders have placed containment boom around a sheen leaking from a grounded fishing vessel in Alaska’s Prince William Sound, the Coast Guard said Tuesday. The Seattle-based Cape Cross does not appear to be spilling fuel in Main Bay, according to Petty Officer David Mosley.
RWEA-DEA Norge AS has received consent to conduct exploration drilling with Bredford Dolphin of well 35/9-6 S in production license PL 420 The purpose of the exploration well is to verify and evaluate the hydrocarbon potential of a formation in production license PL 420 The well will be located abou
AKPO project is the development of oil and gas field located at 150 km and 1400 meters deep-sea offshore Nigeria, West Africa. The AKPO field block was originally allocated to SAPETRO indigenous Nigeria oil and gas company under OPL226 (Oil Prospecting License). SAPETRO later invited other technical
yet another fpso in the port of rotterdam , this Floating Production Storage and Offloading vessel is used in the offshore oil industry , operational from 1995 at the fife field on the UK continental shelf approximately 330km east south east of aberdeen , later the fergus flora and angus fields were
Major construction work at the Qatargas 4 liquefied natural gas facility and Pearl, the world’s largest gas to liquids plant, will be… [mappress] Source: Yahoo News, July 29, 2010;
