BG Group announced today that it has signed Production Sharing Contracts with the Government of Kenya for two offshore exploration blocks – L10A and L10B. BG Group will be operator on both blocks and will hold a 40% equity interest in block L10A and a 45% interest in block L10B. The initial work pro
Offshore handling equipment specialist, Caley Ocean Systems Ltd has designed and built what is believed to be the most adaptable offshore… Source: SubseaUK [mappress] Source: Subsea UK, May 17, 2011;
Eni has signed an agreement with MEO Australia Limited to farm-in to the Heron and Blackwood gas discoveries in the permit NT/P68 in the Timor Sea, northern Australia. The agreement involves Eni earning 50% in the Heron gas discovery by funding the drilling of two wells in the Heron Area. Eni may wi
Cognity, an Aberdeen, Scotland-based design consultancy, has completed an offshore oil drilling project 75 percent faster and more cost effectively than conventional design methods would allow, using simulation software from ANSYS. The project involved a design for conductor casing, the pipe that is
This past May 12th saw the technical launch of the very latest boat in the Tradition 105’ series, an event held on the grounds of the Azimut-Benetti Group’s Lusben company, located adjacent to the Benetti boatyard’s headquarters. Coming in at over 31 metres, the yacht is part of the Benetti Class Ra
Eni has signed an agreement with MEO Australia Limited to farm-in to the Heron and Blackwood gas discoveries in the permit NT/P68 in the Timor Sea, northern Australia. The agreement involves Eni earning 50% in the Heron gas discovery by funding the drilling of two wells in the Heron Area. Eni may wi
Trinidad-based Offshore Technology Solutions Limited (OTSL) has ordered the new top selling Saab Seaeye Panther XT Plus electric work ROV. With ten powerful thrusters, 50% more power and swimming 30% faster than any other electric work ROV of its class, OTSL say the Panther XT Plus will greatly exte
Diamond Offshore Drilling, Inc. today announced that a subsidiary of the Company has entered into two term drilling contracts with Anadarko Petroleum Corporation. The contracts, which will utilize Diamond Offshore’s two new-build drillships now on order, are expected to generate combined maximum tot
Although the project had faced a critical preparation and mobilisation schedule on Wednesday 20 April 2011, the newly built 5000 mT Heavy Lift Vessel (HLV) Oleg Strashnov sailed on schedule for its maiden trip to the Sheringham Shoal Offshore Wind Farm location. The vessel was loaded with 4 220 Ton,
Diamond Offshore Drilling, Inc. today announced that a subsidiary of the Company has entered into two term drilling contracts with Anadarko Petroleum Corporation. The contracts, which will utilize Diamond Offshore’s two new-build drillships now on order, are expected to generate combined maximum tot
Trinidad-based Offshore Technology Solutions Limited (OTSL) has ordered the new top selling Saab Seaeye Panther XT Plus electric work ROV. With ten powerful thrusters, 50% more power and swimming 30% faster than any other electric work ROV of its class, OTSL say the Panther XT Plus will greatly exte
The Trans Adriatic Pipeline (TAP) announced yesterday that it has commenced the project’s formal Environmental and Social Impact Assessment (ESIA) process in Italy. The submission of its Scoping Report to the Italian authorities follows a similar move in Albania last month. The Scoping Report docume
Tidewater Inc. announced that Quinn P. Fanning, Executive Vice President and Chief Financial Officer and Joseph M. Bennett, Executive Vice President and Chief Investor Relations Officer, will present at the 2011 UBS Global Oil & Gas Conference in Austin, Texas on Thursday, May 26, 2011, at approxima
The Trans Adriatic Pipeline (TAP) announced yesterday that it has commenced the project’s formal Environmental and Social Impact Assessment (ESIA) process in Italy. The submission of its Scoping Report to the Italian authorities follows a similar move in Albania last month. The Scoping Report docume
