ABB, the leading power and automation technology group, has signed a cooperation agreement with Canyon Offshore for trenching services to support ABB’s subsea high-voltage cable installation projects. “Subsea cables are increasingly being deployed for interconnections and offshore wind integration p
North Atlantic Drilling Ltd. (“NADL” or the “Company”) has completed the first tranche and closed the order book in the private placement of 250,000,000 new ordinary shares of US$1.00 par value at a subscription price of US$1.70, raising US$425,000,000 in gross proceeds to the Company (the “Private
Det norske oljeselskap ASA is working actively on three potential development projects. In the fourth quarter, Det norske recorded high operating revenues. In 2010, Det norske oljeselskap ASA confirmed its position as one of the most active exploration companies on the Norwegian continental shelf an
ION Geophysical Corporation announced that its GX Technology (GXT) Imaging Solutions group has established a new seismic data processing center in Rio de Janeiro. A joint venture of GXT and Brazilian energy consultancy Bratexco, GX Technology Processamento de Dados Ltda. will provide advanced imagin
Eni, the international oil and gas company, today announces the Group preliminary results for the fourth quarter and the full year 2010 (unaudited). Paolo Scaroni, Chief Executive Officer (Photo), commented: “In 2010, Eni delivered operating and financial results which rank among the best in its pee
LLOG Exploration Company, L.L.C. (and affiliate, LLOG Exploration Offshore, L.L.C.) today provided an update on five discoveries being developed in the Deepwater Gulf of Mexico and announced the launch of the company’s website. The five development projects are all scheduled to be on line by the fir
Origin Energy Limited, on behalf of its wholly owned subsidiary Origin Energy Kenya Pty Ltd (“Origin”) advises that it has reached agreement with a subsidiary of US independent Apache Corporation (“Apache”), to divest a 50% undivided interest in a Production Sharing Contract (PSC) for petroleum expl
Ropes made with Dyneema®, ultra-high molecular weight polyethylene (UHMWPE), are proving a safe and secure alternative to steel wire rope for connecting barges and vessels in “push combinations” working on inland waterways. In push combinations, the barge and the unpowered vessel in front of it have
Recently, members of the management of the Oil and gas service provider Dockwise, met an Amarcon delegation, to celebrate their ongoing relationship. Reason for this celebration is the completion of OCTOPUS-Onboard installations on all fifteen Dockwise vessels. The latest OCTOPUS-Onboard installatio
Petrobras announces the discovery of a new accumulation of good quality oil (26º API) in the Santos Basin pre-salt reservoirs. The discovery resulted from drilling well 4-BRSA-818 (4-RJS-668), named Macunaíma, at a water depth of 2,134 meters, located in the 1-RJS -617D (Parati) assessment area and
Tullow Oil plc (Tullow) announces that the Gharabi-1 well, located in Block 6 offshore Mauritania, was unsuccessful and has been plugged and abandoned. The well, drilled by the Maersk Deliverer(photo) in water depths of 1,787 metres to a total depth of 4,433 metres, intersected poorly developed wate
Polarcus Limited announces that the Company has received a Letter of Award for a 3D seismic acquisition project to be acquired by POLARCUS ALIMA, the fifth and latest vessel to join the Polarcus fleet and the second of the ULSTEIN SX134 design. The project will commence in April after vessel shakedo
Tap Oil Limited provides the following update on the Zola-1 exploration well, offshore Carnarvon Basin, Western Australia. Location / Proposed Depth The Zola-1 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 b
SBM Offshore announces it has signed a long-term cooperation agreement with Mitsubishi Corporation (Mitsubishi) to jointly pursue FPSO lease and operate projects worldwide, subject to pre-existing agreements of each of the companies. Mitsubishi will be an equity partner with SBM Offshore for the own
