Rocksource ASA announced today that drilling of the Kora-1 well has commenced on the AGC Profond PSC, offshore Senegal and Guinea Bissau. The AGC Profond PSC covers the deepwater area (9,838 sqkm) that is jointly administered by Senegal and Guinea Bissau. The AGC Profond PSC partnership consists of
NOAA and the U.S. Navy embarked on a two-day research expedition to survey the condition of two sunken Civil War vessels that have rested on the seafloor of the James River in Hampton Roads, Va., for nearly 150 years. Using state-of-the-art sonar technology to acquire data, researchers will create t
Applied Weather Technology, Inc. (AWT), today announced that an expert judging panel has selected AWT, with its innovative fleet management system GlobalView™, as the winner of the Systems category for the fifth annual Safety at Sea International Awards. AWT was also recognized as a finalist in the
MEO Australia Limited announces the expansion of its business portfolio by acquiring all of the shares in Transworld Seruway Exploration Limited (TSEL) which is the holder of a 100% participating interest in the offshore Seruway PSC, from Transworld Exploration Limited (TEL). Initial consideration f
Coastal Energy Company announces the results of two wells drilled at the Bua Ban North B field, offshore Thailand. The Bua Ban North B-08 well was drilled to a total depth of 5,900 feet TVD and encountered 92 feet of net pay with 28 percent porosity and 25 percent water saturation in the Miocene int
Gulf Drilling International, Ltd (Q.S.C.) (“GDI”) announced that it has purchased from ENSCO Offshore International Company (“Ensco”) the jack-up drilling rig known as “ENSCO-95” on 22nd June. The rig is a 3 legged Hitachi cantilevered drilling rig rated for 250 feet of water depth. GDI are most sat
Oil and condensate have been proven by Statoil and its partners, Det Norske Oljeselskap ASA and Svenska Petroleum Exploration AS, in the North Sea’s Krafla West prospect. Located about 26 kilometres south-west of Oseberg South, the discovery well found hydrocarbons in two columns with a total thickn
Seanergy Maritime Holdings Corp. announced that the Company has entered into new time charter agreements for one of its Panamax vessels and two of its Capesize vessels. The M/V BET Intruder, a 69,235 dwt Panamax dry bulk carrier built in 1993, has entered into a time charter agreement for a period o
The Australian Government’s decision to grant environmental approval to the Ichthys Project is a welcome step forward and helps pave the way for a final investment decision in the fourth quarter of 2011 INPEX said on its website today. INPEX President Director Australia Seiya Ito said Federal enviro
FMC Technologies, Inc. announced that it has signed an agreement with Shell Development ( Australia ) Pty. Ltd. to supply subsea production and associated topside systems for the Prelude field development. The companies also announced an aftermarket agreement that will result in FMC Technologies Aus
CGGVeritas announced that it has signed a five-year marine charter agreement with BOURBON for six new support vessels to assist its seismic operations. The new vessels will be delivered starting at the end of 2012. Jean-Georges Malcor, CEO of CGGVeritas, said: “This agreement to charter vessels to s
CGGVeritas announced today that it has signed a five-year marine charter agreement with BOURBON for six new support vessels to assist its seismic operations. The new vessels will be delivered starting at the end of 2012. Jean-Georges Malcor, CEO of CGGVeritas, said: “This agreement to charter vessel
FMC Technologies, Inc. announced that it has signed an agreement with Shell Development (Australia) Pty. Ltd. to supply subsea production and associated topside systems for the Prelude field development. The companies also announced an aftermarket agreement that will result in FMC Technologies Austr
CGGVeritas announced today that it has signed a five-year marine charter agreement with BOURBON for six new support vessels to assist its seismic operations. The new vessels will be delivered starting at the end of 2012. Jean-Georges Malcor, CEO of CGGVeritas, said: “This agreement to charter vessel