Shell Nigeria Exploration and Production Company has confirmed it is responding to an oil leak at the 200,000 barrel-per-day capacity Bonga deepwater facility, approximately 120 kilometres off the Nigeria coast. The leak occurred yesterday (Tuesday December 20) during a routine operation to transfer
On December 9, 2011, LLOG Exploration initiated production from the Who Dat development in Mississippi Canyon 503/504/547 in the U.S. Gulf of Mexivo. LLOG is ramping up production and expects to achieve a rate of 20 MBOPD and 22 MMCFD from the three existing wells. The development plan for the field
Eni and Sonangol E.P. signed in Luanda a Production Sharing Contract (PSC) for the exploration of Block 35, which is situated in deepwater offshore Angola, 150km off the coast of the capital Luanda. The Block covers approximately 4,900 square km of potential mining acreage in the deep water of the n
As regulatory developments have become an increasingly important strategic driver for Wärtsilä businesses, Wärtsilä has decided to strengthen its activities to enhance and promote the policy framework fostering the strategic business targets. The following appointments have been made within Wärtsilä
Total announced that it is expanding its significant presence in Angola through the successful application for three new exploration blocks in the deepwater Kwanza Basin. Following an international licensing round, Total signed three production sharing agreements with state-owned Sonangol on Decembe
Rapp Hydema and Triplex have just been awarded a massive deck machinery contract for Australia’s Commonwealth Scientific and Research Organization (CSIRO). CSIRO selected Teekay Holdings Australia and Sembawang Shipyard Pte Ltd to carry out the design, build and commissioning of the vessel. Sembawan
Buccaneer Energy Limited has executed a Repair Contract with Keppel FELS Shipyard in Singapore for the repair and modification of the jack-up rig, Endeavour. The rig was recently acquired from Transocean Offshore Resources Limited for the total purchase price of US$68.5 million. The Endeavour is cur
On 21 December 2011, STX Finland Oy and the Finnish Border Guard signed an agreement on construction of a next generation offshore patrol vessel. The vessel will be built at the STX Rauma shipyard and delivered to the customer in November 2013. The highly advanced vessel will be 96 metres long and
Wood Group Kenny has been awarded a contract to carry out the front end engineering and design (FEED) for the subsea development of Equus, Hess Exploration Australia’s first deepwater gas project in offshore Western Australia. The Equus project development consists of natural gas and condensate gas
Det norske oljeselskap ASA announced today a fully underwritten, 500 million dollar revolving corporate credit facility*. The facility contains an uncommitted increase feature (accordion) which, if fully utilized, would increase the facility amount by up to a maximum amount of 100 million dollar. Th
Wood Group Kenny has been awarded a contract to carry out the front end engineering and design (FEED) for the subsea development of Equus, Hess Exploration Australia’s first deepwater gas project in offshore Western Australia. The Equus project development consists of natural gas and condensate gas
Through its subsidiary TTS Marine GmbH in Bremen, TTS Marine ASA has signed a contract worth approximately 63,2 MNOK with Hyundai Mipo Dockyards in South Korea. The contract concerns delivery of 24 cranes for six bulk carriers. The vessels will be built for a Turkish owner. The delivery will take p
The first of three new 3D seismic surveys has commenced, with the survey vessel now on location and acquiring the Rissa 3D survey in WA-422-P, Octanex N.L. announced on its website. These new 3D surveys are to be acquired within three of the Company’s eight Southern Bonaparte Basin permits. The Comp
Octanex N.L. announces that the first of three new 3D seismic surveys has commenced, with the survey vessel now on location and acquiring the Rissa 3D survey in WA-422-P. These new 3D surveys are to be acquired within three of the Company’s eight Southern Bonaparte Basin permits. The Company’s wholl
