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INPEX Buys Stake in Two Blocks Offshore Sabah, Malaysia
Business & Finance

INPEX Buys Stake in Two Blocks Offshore Sabah, Malaysia

INPEX has been granted the approval by PETRONAS, the national oil company of Malaysia, to acquire a 75% participating interest in the deepwater Block S, and a 37.5% participating interest in the deepwater Block R. Both blocks are located offshore Sabah, Malaysia. Block S In Block S, INPEX Offshore N

about 14 years ago
Estonia: Incat Crowther Launches New 24m Catamaran Scientific Research Vessel
Business & Finance

Estonia: Incat Crowther Launches New 24m Catamaran Scientific Research Vessel

Incat Crowther announces the launch of a 24m Catamaran Scientific Research Vessel. Built by Baltic Workboats in Estonia, Vėjūnas is a demonstration of the yard’s experience, capability and build quality. Vėjūnas also demonstrates Incat Crowther’s expertise in designing a vessel with a large, practic

about 14 years ago
Malaysia: Nam Cheong Builds 75m Offshore Support Vessel
Business & Finance

Malaysia: Nam Cheong Builds 75m Offshore Support Vessel

Nam Cheong Limited, one of the leading global marine players and Malaysia’s largest shipbuilder of Offshore Support Vessels (OSVs), is currently building two vessels specially designed for transportation of supplies and equipment to and from offshore installations. Dedicated to the construction and

about 14 years ago
Chevron’s Jack-up Rig K.S. Endeavor Catches Fire Offshore Nigeria
Business & Finance

Chevron’s Jack-up Rig K.S. Endeavor Catches Fire Offshore Nigeria

Chevron Nigeria Limited, said it was working to contain a fire that ignited yesterday aboard the K.S. Endeavor, a drilling rig offshore Nigeria operated by FODE Drilling Nigeria Limited. The rig was drilling a natural gas exploration well, located in the Funiwa Field approximately six miles (10 kilo

about 14 years ago
Large Oil & Gas Companies Interested in Albania’s Durresi Block
Business & Finance

Large Oil & Gas Companies Interested in Albania’s Durresi Block

San Leon Energy today reported a significant progress on its Durresi License offshore Albania. The Company has received the first final processed volumes from its 840 km2 3D seismic survey in late 2011. The survey was processed by Western Geophysical in London with a focus on detailed structural ima

about 14 years ago
Afren Strikes Oil Offshore Nigeria
Business & Finance

Afren Strikes Oil Offshore Nigeria

Afren plc announces that the Okoro East exploration well, offshore south east Nigeria, has made a new oil discovery having encountered 549 ft true vertical thickness (TVT) of net oil pay and 41 ft of net gas pay in excellent quality reservoir sands. The well result represents a successful start to A

about 14 years ago
Naming Ceremony for USS Coronado at Austal Shipyard, USA
Business & Finance

Naming Ceremony for USS Coronado at Austal Shipyard, USA

The fourth littoral combat ship was christened Coronado during a ceremony at Austal USA Shipyard in Mobile, Ala., Jan. 14. Assistant Secretary of the Navy for Research, Development & Acquisition, Sean Stackley, delivered the principal address at the ceremony, and Susan Ring Keith served as the ship’

about 14 years ago
Incat Crowther Launches New 24m Catamaran Scientific Research Vessel in Estonia
Business & Finance

Incat Crowther Launches New 24m Catamaran Scientific Research Vessel in Estonia

Incat Crowther announces the launch of a 24m Catamaran Scientific Research Vessel. Built by Baltic Workboats in Estonia, Vėjūnas is a demonstration of the yard’s experience, capability and build quality. Vėjūnas also demonstrates Incat Crowther’s expertise in designing a vessel with a large, practic

about 14 years ago
Sonde Receives Extension on 1st Phase of Joint Oil Block Exploration (Tunisia / Libya)
Business & Finance

Sonde Receives Extension on 1st Phase of Joint Oil Block Exploration (Tunisia / Libya)

Sonde Resources Corp. has received a one year extension to December 23, 2013, on the first phase of the Exploration period to conduct operations on the Joint Oil Block in North Africa. This extension is conditioned on commencement of the three well drilling program in September 2012, which is Sonde’

about 14 years ago
Brazil: OGX Encounters Huge Hydrocarbon Column in Santos Basin
Business & Finance

Brazil: OGX Encounters Huge Hydrocarbon Column in Santos Basin

OGX, a largest privately owned oil & gas company in Brazil, today announced that it has identified the presence of hydrocarbons in the Albian and Aptian sections of well 1-OGX-63-SPS in the BM-S-57 block, in the shallow waters of the Santos Basin. OGX holds a 100% working interest in this block. “Th

about 14 years ago
Axin and Huawei Marine Finalize Survey Agreement for Link Between Australia and New Zealand
Business & Finance

Axin and Huawei Marine Finalize Survey Agreement for Link Between Australia and New Zealand

Axin Limited and Huawei Marine announced the finalization of a survey agreement for the trans-Tasman Optikor Network. The survey to be launched is a critical element of the project, as the data collected will allow Huawei Marine to deploy a system properly designed for the changing conditions along

about 14 years ago
USA: St. Clair County Sheriff’s Office Buys Sub-Atlantic Mojave ROV from Forum
Business & Finance

USA: St. Clair County Sheriff’s Office Buys Sub-Atlantic Mojave ROV from Forum

Forum Energy Technologies, Inc. (FET) announces the sale of a Sub-Atlantic™ Mojave™ Observation Remote Operated Vehicle System (ROV) to the St. Clair County, Michigan Sheriff’s Office Marine Division. The St. Clair County Sheriff’s Office maintains a Marine Division with over 50 part-time officers w

about 14 years ago
Another Success Offshore Mozambique for Anadarko
Business & Finance

Another Success Offshore Mozambique for Anadarko

Anadarko​ today announced its seventh well in the discovery area offshore Mozambique successfully appraised previous discoveries at Lagosta and Camarao. The Lagosta-2 appraisal well, located about 4.4 miles (7 kilometers) north of the Lagosta discovery and 5.3 miles (8.5 kilometers) south of the Cam

about 14 years ago
Subsea 7 Bags SURF Contract Offshore Australia
Business & Finance

Subsea 7 Bags SURF Contract Offshore Australia

Subsea 7 S.A announced today the award of a SURF contract valued at approximately $60 million from Santos Limited on the Fletcher- Finucane Development offshore Western Australia. The contract scope includes the project management, engineering and installation of: approximately 55km of flexible flow

about 14 years ago
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