“This award signifies a quantum leap for subsea gas compression within the oil and gas industry. As one of the major subsea contracts awarded during 2010, this has been a key target for Aker Solutions. It confirms our position as the preferred partner of subsea technology, solutions and capability,”
Polarcus Limited announces the appointment of Cameron Astill to the position of Vice President Marketing, Asia-Pacific, and the opening today of a new regional Polarcus office in Singapore. Cameron brings over 30 years seismic industry experience and extensive industry knowledge of Asia-Pacific to t
Alexey Miller, Chairman of the Gazprom Management Committee, and Peter Voser, Chief Executive Officer of Royal Dutch Shell plc, signed a protocol on strategic global cooperation. This agreement establishes basic guidelines for the companies’ broader collaboration. Amongst the opportunities the compa
MEO Australia Limited advises that since the last progress report, Artemis-1 spudded at 00:45 hrs (Perth time) on Thursday 25th November. The 30” x 20” surface conductor was set in place and the 17-1/2” hole was drilled to 1,870m (below rotary table) at which depth the 13-3/8” intermediate casing ha
Tap Oil Limited (“Tap”) advises that the Stena Clyde semi-submersible drilling rig commenced drilling the Zola-1 well at 08:10 hrs (AWST) this morning. The Zola prospect is a very large Triassic tilted fault block on trend with the giant Gorgon gas field. One of the largest undrilled structural feat
Awilco Drilling Limited is a UK based offshore drilling company owning and operating two semi submersible drilling rigs. The Company is listed on the Norwegian OTC under the ticker code AWDR. At the end of September 2010 Awilco Drilling Limited (Awilco Drilling) had one rig in operation and one rig
Acergy S.A. announced today the award of a contract from Petrobras for the Sul-Norte Capixaba Project, located offshore Brazil in water depths of between 30m and 100m. Acergy is working in consortium with Odebrecht Oil & Gas on engineering, project management, procurement and fabrication related sco
Valiant Petroleum plc (“Valiant” or the “Company”) provides the following update with regard to its operations during the second half of 2010 and forward work programme for 2011 and beyond. Highlights · 2010 Production at upper end of guidance, 2011 anticipated at 6,500-7,500 barrels of oil per day
Lundin Norway AS, operator of production licence 338, is in the process of completing the drilling of wildcat well 16/1-14. The well is being drilled about 4 km northwest of the 16/1-8 (”Luno”) oil discovery and 3 km south of the 16/1-9 (”Draupne”) oil discovery. The objective of the well was to pro
FMC Technologies, Inc. announced today that it has signed a memorandum of understanding with Petrobras to develop future subsea technology solutions for its oil and gas projects offshore Brazil . The agreement includes the development of innovative and cost effective subsea production systems to add
Great Lakes Dredge & Dock Corporation announced today that its Board of Directors (“the Board”) has declared a quarterly cash dividend on its common stock. The Board approved a $0.017 per share cash dividend, to be paid on December 17, 2010 to the holders of record of common stock of the Company at
Total announces the launch of Phase 2 of the development of the West Franklin field, after receiving approval from the UK Government’s Department of Energy and Climate Change (DECC). The West Franklin field is located in Blocks 29/5b and 29/4d in the UK sector of the North Sea, approximately 240 kil
Seadrill has acquired the jack-up drilling rig Petrojack IV from Petrojack IV Pte. Ltd., Singapore. Petrojack IV was delivered from Jurong Shipyard, Singapore in January 2009 and is currently operating for PTTEP offshore Thailand under a long-term contract. Remaining contract period is 3.5 years, la
ATWOOD OCEANICS, INC., a Houston-based international drilling contractor (the “Company”), announced today that Mr. Alan Quintero, Senior Vice President – Operations, resigned from the Company on November 24, 2010 with effect as of close of business November 30, 2010 to pursue other career interests.