Seadrill has entered into an agreement for the construction of two jack-up drilling rigs with Dalian Shipbuilding Industry Offshore Co., Ltd (DSIC) in China. The new units are scheduled for delivery in the fourth quarter 2012 and first quarter 2013 respectively, and total project cost is estimated a
Eni announces the successful results of the Perla 3 well, located in the Cardón IV Block, in the shallow water of the Gulf of Venezuela. This well confirms Perla as a world-class supergiant gas discovery, one of the most significant in recent years and the largest ever in Venezuela, upgrading curren
Advent Energy Ltd (Advent) announces that it has received approval from Industry & Investment NSW (I&I NSW) for the drilling of New Seaclem-1, offshore Newcastle, NSW. The NSW Department of Industry & Investment trades as Industry & Investment NSW (I&I NSW). Approval has been granted for Asset Energ
Grenland Group is contracted to deliver one integrated template structure and one manifold for FMC Technologies at Kongsberg. The total weight for the delivered structures will be approximately 350 tonnes. FMC Technologies recently signed an agreement with Statoil for the delivery of subsea producti
Odfjell Drilling and Statoil have entered into an agreement regarding Deepsea Atlantic. In addition, Statoil has exercised a 1 year option of further use of the rig, committing the rig to Statoil for a fixed period until 4 August 2014. “We are obviously very pleased that we have reached an agreement
MEO Australia Limited has executed a binding sales and purchase agreement with Silver Wave Energy Pte Ltd (“Silver Wave”) to acquire their 100% interest in exploration permits AC/P50 and AC/P51 in the Ashmore Cartier region of the Timor Sea. Consideration for this acquisition is US$270,000 payable u
Dredging Corporation has announced its results for the quarter ended September 2010. It has reported net profit at Rs 2.9 crore as against… (moneycontrol) [mappress] Source: moneycontrol, November 15, 2010
Cobalt announced execution of a Drilling Rig Contract with Diamond Offshore Drilling Inc. for use of the Ocean Confidence drilling rig. Cobalt plans to use this rig to drill the first two wells on Block 21 in the deepwater offshore Angola. Cobalt has an option to drill up to two additional wells. Th
Subsea 7 Inc , one of the world’s leading subsea engineering and construction companies, today announces the award of a new Day-Rate contract with Petrobras (Petróleo Brasileiro S/A). The contract, valued in excess of US $110m, is for the exclusive use of Subsea 7’s pipelay vessel, “Lochnagar” and w
Anadarko Petroleum Corporation announced the Mercury-1 exploration well offshore Sierra Leone encountered approximately 135 net feet of oil pay in two Cretaceous-age fan systems. Mercury is the company’s second deepwater test in the Sierra Leone-Liberian Basin and was drilled to a total depth of app
MEO Australia Limited advises that the Songa Venus semi-submersible drilling rig was handed over from Shell at 5pm (Perth time) on Sunday 14th November and is currently under tight tow to the Artemis-1 location. The journey is programmed to take approximately eight days at current tow speed, however
Three well-known companies from the Low Countries have established a common venture for providing maritime services. CTOW will manage these services at dedicated maritime terminals on a worldwide scale, which includes all related port operation activities. Given the combined experience and resources
Cobalt announced an important modification of its contract with Ensco for the 8503 drilling rig. The amendment provides for a substantially reduced day rate in the event that the rig is unable to work due to continued permitting delays in the Gulf of Mexico. About Cobalt Cobalt is an independent oil
Two contracts worth around USD 90 million have been awarded to Subsea 7. These are EPCI contracts, which include engineering, procurement, construction and installation of the pipelines and control cables connecting the PanPandora and Katla fields in the North Sea to existing production systems. The
