Tap Oil Limited announced on 4 May 2011 that it had agreed to sell its 25% interest in WA-351-P, offshore Carnarvon Basin, Western Australia, to Japan Australia LNG (MIMI) Pty Ltd (“MIMI”) for a cash consideration of US$30,154,000. In addition, MIMI were to pay Tap’s 20% share of the next exploratio
Entek Energy Limited is pleased to provide an update on the VR 342 well in the Gulf of Mexico where the Company has a 50% working interest. The well is at 8,162 ft (Measured Depth) and has penetrated the primary L1 Sand target. Preliminary wire-line logging and RCI (MDT equivalent) analysis indicate
Apache Corporation said that a subsidiary’s Halyard-1 discovery well has commenced producing gas and condensate for delivery into the Western Australian domestic market. Production from the well, drilled in 2008 in production license WA-13-L, will be transported to market via an existing pipeline to
Nido Petroleum Limited , on behalf of the SC 54B Joint Venture, provides the following update on the progress of the Gindara-1 exploration well over the past week. At 06:00 hrs (WST) on 2 June 2011, the Gindara-1 well was at a depth of 2,745 metres MD (2,723 metres TVDss) and drilling ahead in the [
Turkish defense industry company, Aselsan, has manufactured Turkey’s first domestic sonar system… (worldbulletin) [mappress] Source: worldbulletin, June 02, 2011;
Hamworthy has won a contract to supply pump room systems for 11 vessels to be delivered to the China Shipping Group (CSG). The first three systems are destined for installation on three CSG 112,000 dwt aframax newbuildings, to be constructed at Dalian Shipbuilding Industry Company (DSIC). The remain
FMC Technologies, Inc. announced today that it has signed an agreement with Statoil for the manufacture and supply of a workover system to support the Statfjord field. The award has a value of approximately $70 million in revenue to FMC Technologies. Statfjord is one of the oldest producing fields o
FMC Technologies, Inc. announced that it has signed an agreement with Statoil for the manufacture and supply of a workover system to support the Statfjord field. The award has a value of approximately $70 million in revenue to FMC Technologies. Statfjord is one of the oldest producing fields on the
Marine experts have battled difficult underwater conditions in an inaccessible part of the Cornish coast to document hundreds of species… (thisiscornwall) [mappress] Source: thisiscornwall, June 02, 2011;
Vestas Wind Systems A/S (Randers, Denmark) on March 30 announced the launch of its newest dedicated offshore turbine, called the V164-7.0 MW, with a rotor diameter of 164m/538 ft. According to Anders Søe-Jensen, president of Vestas Offshore, the offshore wind market is set to take off in the coming
On 12 May 2011 the dividend of Royal Boskalis Westminster N.V. for 2010 was set at € 1.24 per ordinary share with a choice of stock or cash dividend. With the dividend distribution as stock, shareholders will receive 1 new ordinary share per 26 dividend rights of ordinary shares. The conversion rate
MTN Satellite Communications (MTN), the global provider of communications, connectivity and content services to remote locations around the world, and ERZIA, the leading provider of VSAT maritime communications in Spain, jointly announced the installation of MTN’s Rapid Deployment System (RDS), the
MTN Satellite Communications (MTN), the global provider of communications, connectivity and content services to remote locations around the world, and ERZIA, the leading provider of VSAT maritime communications in Spain, today jointly announced the installation of MTN’s Rapid Deployment System (RDS)
Sevan Marine ASA , a company specializied in owning, operating and licensing FPSOs and drilling units, based on its patented cylindrical floater technology announces fleet technical uptime for May 2011. Technical Uptime for May 2011 was as follows: FPSO Sevan Piranema 99 (%) FPSO Sevan Hummingbird 1