Det norske oljeselskap ASA, operator of production licence 341, is in the process of completing the drilling of wildcat well 24/12-6 PG. The well has been drilled about 75 km north of the Sleipner field. The primary exploration target for the well was to prove petroleum in the Upper Jurassic (the Dr
Rowan Companies, Inc. is pleased to announce the appointment of Suzanne P. Nimocks to its Board of Directors as of today. Ms. Nimocks recently retired from McKinsey & Company, Inc., a global management consulting firm, where she served as a director (senior partner) from June 1999 to March 2010 and
IHC Merwede is delighted to announce that alternative fuels have been used in the dredging process for the first time. The company ran a pilot test in which energy derived from hydrogen was the sole source used to power the electrical equipment on board a dredger. The sustainable energy test took pl
Marathon Oil Corporation (NYSE: MRO) announced today the results of the deepwater Bravo-1 well drilled in the northeastern portion of the Pasangkayu production sharing contract (PSC) area offshore the island of Sulawesi in the Makassar Strait, Indonesia. Marathon, through its wholly owned subsidiary
CAMAC Energy Inc. , a U.S.-based energy company engaged in the exploration, development and production of oil and gas, today announced that on December 10, 2010, CAMAC Energy finalized and executed a definitive Purchase and Continuation Agreement (the “Purchase Agreement”) with Allied Energy Plc and
Andrew Way, 39, has been named vice president of Services for GE Oil & Gas, a business within GE Energy. In this role, Way will be responsible for leading continued growth of the business’ equipment repair, maintenance, upgrade and remote monitoring, and diagnostics capabilities across all segments
Malaysia and Brunei Darussalam took their political and diplomatic ties to a new level by signing an agreement between the national oil … [mappress] Source: Dailyindia.com, December 13, 2010;
Shell and Schlumberger announced a multiyear research technology cooperation agreement focusing on improving the recovery factor of oil and gas reservoirs and extending the life of existing oil and natural gas fields. • Goal is to speed development of oil and gas resources to meet increasing demand
Reference is made to the announcement dated December 6, 2010, regarding a contemplated offering of a NOK 500-700 million senior unsecured bond by Sevan Marine ASA. The bond was completed on Friday December 10 with a placement of NOK 700 million (approximately USD 117 million) subscribed by Norwegian
ABS and the China Classification Society (CCS) strengthened their collaborative efforts by entering into a new Cooperation Agreement recently in Washington, DC. While the agreement is comprehensive, the offshore industry will be a priority area of focus for the two leading classification societies.
MEED reported that artificial islands housing production facilities at Zakum oil field already under construction Abu Dhabi’s Zakum … [mappress] Source: Steel Guru, December 13, 2010; Image: Exxonmobil,
Wärtsilä, the marine industry’s leading solutions provider, has been awarded the contract to supply the propulsion equipment for a new, state-of-the-art, research vessel. The vessel will be operated by the UK’s Natural Environment Research Council (NERC), and is to be built at the C.N.P. Freire S.A.
Bounty Oil and Gas NL announces that the “Ocean Patriot” semi submersible drill rig reached the New Seaclem-1 drilling location, 55 km due east of Newcastle, NSW, and ran the first anchor at approximately 0700 AEDST. Once all anchors are run, the rig will ballast down and prepare to spud. New Seacle
EnCore Oil plc announces that the Transocean Galaxy II heavy duty jack-up rig left the standby location in the UK North Sea on Sunday 12 December and is en route to the Varadero location on Block 28/9. Subject to weather and any operational delays, the rig is expected to arrive at Varadero later tod
