The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today announced a final rule that separates the federal regulations that govern offshore energy and resource development between the Bureau of Safety and Environmental Enforcement (BSEE) and the Bureau of Ocean Energy Managem
Bahamas Petroleum, the AIM quoted oil and gas exploration company with licences in The Commonwealth of The Bahamas, announces its interim results for the six months ended 30 June 2011. Highlights: · a period of significant progress for the business; · successfully raised £45.6m through an equity pla
Malaysia-based international company, Bumi Armada Berhad, signed today a contract to supply and operate an FPSO for Apache Energy Ltd (Apache), to be located in block. WA-49-L of the Balnaves Field, north-west Australia The contract is for an initial 4 years fixed term time charter with an option of
Knud E. Hansen A/S has executed a feasibility study for the most extensive lengthening project in the history of ship conversions. Building a new 240m long vessel to transport cars and passengers (RO-PAX vessel) takes two years work on the shipyard and is a tremendous investment of about 120 million
Apache Corporation said that its subsidiary Apache Julimar Pty Ltd will proceed with development of the Balnaves oil field in Production License WA-49-L offshore Western Australia. The field was discovered by Apache in 2009 during exploration and appraisal drilling in the Julimar-Brunello complex. B
Chartered by the French Navy for the Maritime Prefecture of the Channel and the North Sea, the response, assistance and salvage tug will ensure safety on this maritime zone. The Abeille Languedoc, a response, assistance and salvage tug operated by Les Abeilles, a BOURBON affiliate, has just arrived
Apache Corporation said today that its subsidiary Apache Julimar Pty Ltd will proceed with development of the Balnaves oil field in Production License WA-49-L offshore Western Australia. The field was discovered by Apache in 2009 during exploration and appraisal drilling in the Julimar-Brunello comp
Teekay Corporation (Teekay or the Company) today announced that it has reached an agreement in principle to acquire three floating production storage and offloading (FPSO) units from Sevan Marine ASA (Sevan), a Norway-based developer, owner and operator of FPSO units, and acquire an equity interest
Chartered by the French Navy for the Maritime Prefecture of the Channel and the North Sea, the response, assistance and salvage tug will ensure safety on this maritime zone. The Abeille Languedoc, a response, assistance and salvage tug operated by Les Abeilles, a BOURBON affiliate, has just arrived
Lundin Norway AS, a wholly owned subsidiary of Lundin Petroleum AB announce an updated estimate of the recoverable Contingent Resources from the Avaldsnes discovery in licence PL501, located in the Norwegian North Sea on the Norwegian Continental Shelf (NSC). Lundin Petroleum is the operator of PL50
Pallas Shipping´s new tanker M/T Pallas that are ordered at Akdeniz Shipyard was launched to everyone´s delight August 29. Then towed the vessel to the yard berth where the final adjustments, etc. will be implemented. Delivery will take place October 5. Then begin the M/T Pallas its maiden voyage fr
Teekay Corporation (Teekay or the Company) today announced that it has reached an agreement in principle to acquire three floating production storage and offloading (FPSO) units from Sevan Marine ASA (Sevan), a Norway-based developer, owner and operator of FPSO units, and acquire an equity interest
TGS announces receipt of a seismic permit from the Bureau of Ocean Energy Management, Regulations and Enforcement (BOEMRE) to acquire 3D Wide Azimuth (WAZ) data in the Gulf of Mexico. This project is expected to be part of the 2012 investment plan. TGS-NOPEC Geophysical Company (TGS) provides multi-
Bridge, the Oslo Axess-listed oil and gas exploration and production company announces that it has signed a Sale & Purchase Agreement to acquire a 50% working interest in the producing Duart field from Nexen Petroleum Dragon UK Limited for a consideration of $38.3 million (the “Transaction”). The in
