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Business & Finance

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Equipment
Azerbaijan: KCA DEUTAG Wins Flagship Six-rig Contract in Caspian Region for BP
Business & Finance

Azerbaijan: KCA DEUTAG Wins Flagship Six-rig Contract in Caspian Region for BP

KCA DEUTAG, the leading international drilling and engineering contractor, has been awarded a flagship six-rig contract by BP as operator of the Azeri-Chirag-Gunashli and Shah Deniz fields in the Azerbaijan sector of the Caspian Sea, to manage all of BP-operated platform drilling assets in the Caspi

about 15 years ago
Lundin Spuds Caterpillar Well Offshore Norway
Business & Finance

Lundin Spuds Caterpillar Well Offshore Norway

Lundin Petroleum AB (Lundin Petroleum) announces that drilling of exploration well 24/9-10S on the Caterpillar prospect has commenced. The well is located in licence PL340BS in the Norwegian North Sea. The Caterpillar prospect is located 6 km east of the Marihøne discovery which sits 27 km south of

about 15 years ago
Bowleven: Further Drilling Success with Sapele-1 Discovery Well Off Cameroon
Business & Finance

Bowleven: Further Drilling Success with Sapele-1 Discovery Well Off Cameroon

Bowleven, the West Africa focused oil and gas exploration group traded on AIM, announces that the Sapele-1 exploration well drilling in the Douala Basin, offshore Cameroon has encountered further hydrocarbon-bearing pay in both the Tertiary and Cretaceous objectives based on the results of drilling,

about 15 years ago
India: Essar Earmarks $1.1 bln for Fleet Expansion
Business & Finance

India: Essar Earmarks $1.1 bln for Fleet Expansion

Essar Shipping Ports and Logistics Ltd (ESPLL) is in the process of investing $1.1 billion to acquire 12 new vessels and two jack-up rigs… By Hamit Mitra (Hindu Business Line) [mappress] Source:Hindu Business Line, January 10, 2011;

about 15 years ago
Australia: Pre-FEED Contracts Awarded for Bonaparte LNG
Business & Finance

Australia: Pre-FEED Contracts Awarded for Bonaparte LNG

GDF SUEZ Bonaparte, operator of the Bonaparte LNG project, has awarded the contracts for pre‐Front End Engineering and Design (pre‐FEED), to Granherne (upstream) and DORIS Engineering (midstream), two of the world’s leading engineering and energy project management consultancies. The awarding of the

about 15 years ago
UK: Subsea 7,Acergy Merger Completed
Business & Finance

UK: Subsea 7,Acergy Merger Completed

Subsea 7 S.A. announced on Friday January 7, 2011 that the combination between Acergy S.A. and Subsea 7 Inc. was completed following the closing of Oslo Børs on that day. On completion the Company’s name changed to Subsea 7 S.A. and the restated Articles of Incorporation approved by Acergy S.A.’s sh

about 15 years ago
USA: Hess Corporation Announces Capital and Exploratory Budget of $5.6 billion for 2011
Business & Finance

USA: Hess Corporation Announces Capital and Exploratory Budget of $5.6 billion for 2011

Hess Corporation announced 2011 capital and exploratory budget of $5.6 billion, nearly all of which is targeted for Exploration and Production: $3.1 billion for production, $1.6 billion for developments and $900 million for exploration. John B. Hess, Chairman and CEO, stated, “We are pleased to have

about 15 years ago
Designated Authority Grants 5 year Renewal of WA-361-P to Meo Australia
Business & Finance

Designated Authority Grants 5 year Renewal of WA-361-P to Meo Australia

MEO Australia Limited has been advised by the Western Australian Department of Mines and Petroleum as the Delegate of the Designated Authority on behalf of the Western Australia Offshore Joint Authority, that exploration permit WA-361-P has been granted a five (5) year renewal term from 31st January

about 15 years ago
Kosmos Energy Strikes Gas Condensate at Tweneboa-3 Well Offshore Ghana
Business & Finance

Kosmos Energy Strikes Gas Condensate at Tweneboa-3 Well Offshore Ghana

Kosmos Energy announces today that the Tweneboa-3 appraisal well has encountered gas-condensate in high-quality sandstone reservoirs on the Deepwater Tano Block offshore the Republic of Ghana. The results of drilling, wireline logs and reservoir fluid samples, in addition to the well’s downdip posit

about 15 years ago
Classification for Offshore Wind Service Vessels (Norway)
Business & Finance

Classification for Offshore Wind Service Vessels (Norway)

Classification society Det Norske Veritas (DNV) has produced the world’s first class rules aimed at establishing a set of uniform standards… (maritimejournal) [mappress] Source: maritimejournal, January 10, 2011

about 15 years ago
Classification for Offshore Wind Service Vessels (Norway)
Business & Finance

Classification for Offshore Wind Service Vessels (Norway)

Classification society Det Norske Veritas (DNV) has produced the world’s first class rules aimed at establishing a set of uniform standards… (maritimejournal) [mappress] Source: maritimejournal, January 10, 2011

about 15 years ago
Cyprus: Songa Offshore Annouces December 2010 Fleet Update
Business & Finance

Cyprus: Songa Offshore Annouces December 2010 Fleet Update

Songa Venus achieved operating efficiency of 100% during the month. The rig completed its well for MEO Australia under contract farm out from Shell Development (Australia) during the month and the rig commenced mobilization to Total E&P Australia location to start a 2 firm + 1 option well contract.

about 15 years ago
BG Group Announces FPSO Tender for Offshore Brazil
Business & Finance

BG Group Announces FPSO Tender for Offshore Brazil

BG Group and partners announced a tender process for the charter of two further Floating Production, Storage and Offloading (FPSO) vessels to be used in the full field development of the discoveries on blocks BM-S-9 and BM-S-11 in the Santos Basin, offshore Brazil. The two latest FPSOs build upon th

about 15 years ago
USA: Forum Energy Technologies Introduces Major Software Release -VMAX 2.0
Business & Finance

USA: Forum Energy Technologies Introduces Major Software Release -VMAX 2.0

Forum Energy Technologies, Inc. (FET) announced that its Subsea Solutions business has released VMAX 2.0, an extensive upgrade to their existing VMAX Project Simulator software. VMAX is used by operators, service companies and engineering firms to run simulations of complex situations in a subsea en

about 15 years ago
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