Seadrill has entered into an agreement to sell the newly built jack-up drilling rig West Juno to an undisclosed buyer incorporated in UK for a total consideration of US$248.5 million. Seadrill expects to record a gain on sale of approximately US$18 million on closing. Closing of the agreement and th
Polarcus Limited announces that the Company has received a Letter of Award from Statoil for a 118 square kilometer 4D seismic acquisition project over PL037 Statfjord Nord and Sygna in the Norwegian Sea, offshore Norway. The project, subject to the execution of a service contract, will be acquired d
Polarcus Limited announces that the Company has received a Letter of Award from Statoil for a 118 square kilometer 4D seismic acquisition project over PL037 Statfjord Nord and Sygna in the Norwegian Sea, offshore Norway. The project, subject to the execution of a service contract, will be acquired d
Martin Wright, Chief Executive of Marine Current Turbines Ltd, today (Tuesday, April 12th) met with Dr Michael Foxley, the Leader of The … (marineturbines) [mappress] Source: marineturbines, April 13, 2011
Woodside has selected MODEC as one of two companies to perform the Front End Engineering Design (FEED) for two (2) Dry Tree Units (DTUs) for the Browse LNG Development (Browse). Woodside is Australia’s largest publicly traded oil and gas exploration and production company and one of the world’s lead
Brüel & Kjær recently delivered their HVME (Hull Vibration Monitoring Equipment) solution to BAE Systems Submarine Solutions. The HVME system will be deployed on HMS Audacious, the fourth boat in the UK Royal Navy’s Astute-class, nuclear-powered attack submarine construction programme. The Brüel & K
ATLAS ELEKTRONIK, the world’s leading systems supplier for maritime high technology, will be strongly presented at the LAAD 2011 in Rio de Janeiro, Brazil. The company is showcasing its wide spectrum of products, innovations and capabilities. On exhibition is a SeaSpider® torpedo. Besides that ATLAS
Octanex N.L. has been advised by Eni Australia Limited, the Operator of the Gawain-1 well located in the outer Exmouth Plateau permit, WA-362-P, that the well has reached its total depth (TD) of 3,963m MDRT (measured depth below rotary table). Since the last progress report of 11 April 2011, when th
A BID for £21 million to fund a tidal energy project that would have created hundreds of jobs across the Isle of Wight has been rejected… By Ross Findon (iwcp) [mappress] Source: iwcp, April 13, 2011
Early March, Huisman, the Dutch-based specialist in lifting, drilling and subsea solutions, successfully installed world’s largest Offshore Mast Crane onboard the “Seven Borealis”Pipelay / Heavy Lift vessel in four days only. This crane installation is considered as the heaviest and logistically mos
Tap Oil Limited provides the following update on the Zola-1 exploration well, offshore Carnarvon Basin, Western Australia. The Zola-1/Zola-1 ST1 well is located in permit WA-290-P, immediately south of the giant Gorgon gas field in the Carnarvon Basin, Western Australia. The well is being drilled in
Nexen Exploration Norge AS, operator of production licence 434, has completed the drilling of wildcat well 6507/8-8. The well was drilled about seven kilometres southeast of the Heidrun field. The purpose of the well was to prove petroleum in Lower Jurassic reservoir rocks (the Tilje and Åre formati
Strategic Marine has secured a contract with JCB Oil & Gas Services Sdn Bhd, a Malaysian company involved in providing services to the expanding oil and gas sector in the country. Under the contract JCB Oil & Gas will purchase two 40 metre Crew Boats (with a further option for two additional vessels
Last July the population of West Kintyre united in horror at proposals by Crown Estate and SSE for the siting of a gargantuan windfarm a … (kintyreoffshorewindfarmag) [mappress] Source: kintyreoffshorewindfarmag, April 13, 2011
