Reliance Industries Limited (RIL) announced a rich gas and condensate discovery in the very first well drilled in the block CY-PR-DWN-2001/3(CYPR-D6) located in deepwater Cauvery-Palar basin. The Block with an area of about 8600 sq km was awarded to RIL under the bidding round of NELP-III. RIL curre
Reliance Industries Limited (RIL) announced a rich gas and condensate discovery in the very first well drilled in the block CY-PR-DWN-2001/3(CYPR-D6) located in deepwater Cauvery-Palar basin. The Block with an area of about 8600 sq km was awarded to RIL under the bidding round of NELP-III. RIL curre
Business leaders in the UK’s subsea sector will be encouraged not to leave hundreds of millions of pounds in the pockets of the Government at a seminar hosted by Subsea UK and KPMG in Aberdeen next week (April 27 2011). Recent statistics from KPMG reveal that while investment in research and develop
Against the back of recent developments in energy prices and their impact on prices stipulated in contracts for Brazilian natural gas, Petrobras has decided, at its own discretion, to the price of these contracts as of May 2011. This measure, based on studies carried out by the company’s commercial
SMD has been honoured with the prestigious Queen’s Award for Enterprise in the innovation category for the design and manufacturer of Work Class Remotely Operated Vehicles (WROVS). The company, based in Wallsend near Newcastle-upon-Tyne, is one of the world’s leading manufacturers of remote inventio
MyCelx, experts in produced water treatment both onshore and offshore for discharge to very low discharge limit, the ISO-9001 company certified for oil removal to less than 5 ppm by Lloyd’s Register, signed a contract with Chevron U.S.A. Inc. to design and deliver a produced water treatment system f
MyCelx, experts in produced water treatment both onshore and offshore for discharge to very low discharge limit, the ISO-9001 company certified for oil removal to less than 5 ppm by Lloyd’s Register, signed a contract with Chevron U.S.A. Inc. to design and deliver a produced water treatment system f
Petrobras and the Chilean state-owned company Empresa Nacional de Petróleo (ENAP) have concluded an agreement for the sale of the first export cargo of oil produced in the pre-salt basin. One million barrels of oil extracted from the Lula field have been sold and are expected to be loaded in mid-May
Schlumberger Limited reported first-quarter 2011 revenue of $8.72 billion versus $9.07 billion in the fourth quarter of 2010 and $5.60 billion in the first quarter of 2010. Net income attributable to Schlumberger, excluding charges, was $972 million—a decrease of 16% sequentially but an increase of
Diamond Offshore Drilling, Inc. today reported net income for the first quarter of 2011 of $250.6 million, or $1.80 per share on a diluted basis, compared with net income of $290.9 million, or $2.09 per share on a diluted basis, in the same period a year earlier. Revenues in the first quarter of 201
At 02:46 on 21 April a fire broke out on the Maersk Oil Qatar operated AD accommodation platform in the Al Shaheen field, 80 km north of Qatar. The fire which took place in the emergency generator room has been extinguished and the situation is under control. All employees are safe and accounted for
SMD has been honoured with the prestigious Queen’s Award for Enterprise in the innovation category for the design and manufacturer of Work Class Remotely Operated Vehicles (WROVS). The company, based in Wallsend near Newcastle-upon-Tyne, is one of the world’s leading manufacturers of remote inventio
Tasmanian-based Dive Works has integrated three complimentary technologies, including barcode technology, into a comprehensive solution that will reduce the risk to investment and maritime safety, of cages coming adrift. The three systems include verification of anchorage, mapping to monitor a shift
Octanex N.L. advises that the Galahad-1 well, the second well in the two well drilling campaign in the outer Exmouth Plateau permits WA-362-P and WA-363-P, is currently expected to spud within the next 5 to 7 days. Galahad-1 is located within WA-363- P, as shown on the following Well Location Map.
