Friday 28th October was a day filled with events starting with the delivery and signing of delivery documents for yard 488 “Veruda” constructed by ULJANIK Shipyard for United Shipping Services, which is Uljanik Plovidba. The commissioning documents were signed by Marinko Brgić, President of the Mana
Subsea organisations must avoid catastrophic events by ensuring all aspects of subsea equipment integrity are addressed at the design stage. This is the message that will be relayed at a Subsea UK event to be held at the Hilton Paris La Defense in the French capital on 14 and 15 November. Industry l
In this year’s third quarter, Bergen Group had a turnover of NOK 822 million and an operating profit of NOK 53 million before depreciation and amortisation (EBITDA). The numbers are mainly characterised by strong results from the corporation’s offshore activities, which have doubled the turnover so
Norwegian Petroleum Directorate today reported preliminary production figures for October 2011. They indicate an average daily production of about 2 022 000 barrels of oil, NGL and condensate. This is an increase of 107 000 barrels compared to September. Gas production was about 8.2 billion Sm3, whi
Falmouth Harbour Commissioners (FHC) and The Crown Estate have signed a lease to create FabTest, a new wave energy ‘nursery’ test site inFalmouth Bay on the south coast of Cornwall. The site has also been issued with a marine license by the Marine Management Organisation (MMO), which allows the moor
Rockhopper Exploration plc , the North Falkland Basin oil and gas company, provides the following update on Exploration well 14/10-9 (the “Well”). The Well penetrated multiple targets: Casper, Sea Lion Main Complex (“SLMC”), Kermit. The Well was drilled 5.9 km to the south west of the 14/10-2 discov
The Group’s profit was USD 371m (USD 1,671m) and return on invested capital (ROIC) was 4.8% (15.7%). Cash flow from operating activities was USD 2.1bn (USD 3.0bn). The majority of the Group’s businesses performed well and delivered good returns. The Group’s container and tanker activities continued
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, announces that drilling has commenced on the T-Rex prospect (Faroe 30%), located in the Norwegian Sea. The T-Rex prospect
CDL Inc announces that Julian Rickards has officially joined the CDL team in the position of Business Development Manager, Americas. Since Julian first began working in the Oil & Gas Industry, he has been employed with an international technology company that develops solutions for acoustic position
Anadarko Petroleum Corporation today announced the successful Itaipu-2 pre-salt appraisal well, located in block BM-C-32 in the Campos Basin offshore Brazil. The well was drilled to total depth of approximately 16,000 feet (4,877 meters) in 4,660 feet (1,420 meters) of water, and encountered a gross
On November 8, 2011, Austal held a keel-laying ceremony for its second Joint High Speed Vessel (JHSV), “Choctaw County” (JHSV 2), one of seven Austal-designed 103-metre US Navy Joint High Speed Vessels under contract with the US Department of Defense. Captain Henry W. Stevens, III (USN), Strategic a
Niko Resources Ltd. announced that it has signed a contract with a subsidiary of Diamond Offshore (“Diamond”) – a major deepwater drilling contractor. This is the largest deepwater exploration contract in the history of Indonesia and will dramatically increase Indonesia’s opportunities for major hyd
Northern announces that earlier today, Tullow Oil Plc (“Tullow”) in their Interim Management Statement provided the following update on well GM-ES-1, in the Guyane Maritime Permit, in which Northern has a 1.25% interest: “In French Guiana, the Zaedyus exploration well discovered 72 metres of net oil
OOCL announce that it has been awarded the ‘Ship Operator of the Year’ at the Lloyd’s List Awards, Asia 2011 presentation ceremony held on October 26, 2011 in Hong Kong. In the selection criteria, companies were judged on their performance over the past year in terms of their business development, s
