Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) announced today that it plans to offer 5,600,000 common units, representing limited partner interests, in a public offering. Teekay Offshore expects to grant the underwriters a 30-day option to purchase an additional 840,000 common u
Keppel FELS Limited (Keppel FELS) has delivered the KFELS B Class jackup rig, West Juno, to Seadrill Jack-ups Limited (Seadrill) on time, within budget and with a perfect safety record. Mr Wong Kok Seng, Executive Director of Keppel FELS, said, “We are proud to have maintained an outstanding track r
Nido Petroleum Philippines Limited (‘Nido), on behalf of the SC 58 Joint Venture, is pleased to provide an update on the final results of detailed geochemical analysis conducted on the liquid hydrocarbons detected in cores acquired during the multi-beam and deepwater sea-bed coring project in April
AWE Limited reports that the Silvereye-1 well started drilling at 0000 hours on December 3, 2010. As at 0900 hours today, the well was at a depth of 140 metres and was circulating prior to pulling out of hole to run conductor. Silvereye-1 is an exploration well located in the offshore Bass Basin wit
Windpower Intelligence, the specialist research division of Windpower Monthly is launching a new market study for the wind power industry in China. China is now one of the world’s fastest growing markets for wind power and is on course to become the biggest of all. This extensive investment report p
Yesterday, 2 December, production commenced on the Vega gas and condensate field off Norway’s west coast. This will be an important contribution to Statoil’s production on the Norwegian shelf. The Vega field has been developed with three seabed templates, sending gas and condensate to the Gjøa platf
Biologists and project managers from the Savannah District, U.S. Army Corps of Engineers, will explain the various environmental issues raised by the proposed deepening of the Savannah Harbor during a public workshop to be held 4 p.m. to 8 p.m., Dec. 15, at the Savannah Civic Center. The public may
Chevron Corporation today announced the award of major front-end engineering and design (FEED) contracts for the Gendalo-Gehem natural gas development in East Kalimantan, Indonesia. The Chevron-operated Gendalo-Gehem project is located in the Makassar Strait offshore East Kalimantan in water depths
China Dredging Group Co., Ltd. (“China Dredging”), one of the leading dredging subcontractors in the P.R.C., today announced selected financial and operational results for the three months ended September 30, 2010. Revenue $45.4 million, Income from operations $23.5 million, Net income $17.3 million
The licences include a Significant Discovery Licence (SDL) and three Exploration Licences (ELs) off the coast of Newfoundland, awarded through a land sale issue by the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB). “We are very pleased to learn that we have been successful in a
International oil field services company Expro has won two important design awards for its new subsea centre in Cumbria. The Subsea Excellence Centre, in Ulverston, is the manufacturing headquarters for Expro Connectors and boasts solar power and rainwater capture devices. The 114,377 sq ft building
Songa Venus achieved operating efficiency of 99% during the month, the rig completed its third well for Shell Development (Australia) and the rig started its last contractual well in current program for MEO Australia during the month. The rig is thereafter scheduled to commence its 2 well firm + 1 O
Karoon Gas Australia Limited (ASX: KAR) has executed an agreement with its joint venture partner, ConocoPhillips (Browse Basin) Pty Ltd (“ConocoPhillips”), under which Karoon will acquire an additional 50% participating interest in Browse Basin permit, WA-314-P. As illustrated in the map below, the
BPZ Resources, Inc. announces the Company has placed the Corvina oil field, located in offshore Block Z-1 in northwest Peru, into commercial production. The Company has started operating the gas compressor at the CX-11 Corvina platform to re-inject the associated gas and thus avoid gas flaring. The
