WesternGeco announced today that it has begun the acquisition of the Revolution multiclient survey. Revolution marks the first time that Dual Coil Shooting* multivessel full-azimuth acquisition has been performed commercially in the industry worldwide. Located in the East Breaks and Garden Banks are
Desire Petroleum plc, the oil and gas company wholly focussed on the North Falkland Basin, advises that the 14/15-1 well on the Rachel prospect has reached a total depth of 2,877 metres. Initial wireline logging shows that no hydrocarbons have been found. However a substantial thickness of sandstone
Gazprom’s headquarters hosted a working meeting moderated by Alexey Miller and devoted to development of the Shtokman gas and condensate field. Participating in the meeting were heads and experts of Gazprom’s structural subdivisions, subsidiaries and Shtokman Development AG. The meeting participants
Since 2001, the Norwegian Petroleum Directorate has published an extensive database from more than 1000 exploration wells on the Norwegian shelf. The WDSS (well data summary sheets) for these exploration wells on the Fact Pages contain a lot of well-related information and data that are no longer co
Electromagnetic Geoservices ASA has been awarded a shallow water survey in Malaysia worth more than USD 2.5 million by a major oil company. These contract revenues will be recognised in the fourth quarter of 2010. The 3D EM survey is currently underway using the vessel BOA Galatea. About EMGS EMGS,
MEO Australia Limited confirms receipt this afternoon of approximately US$39 million cash consideration from Petrobras in relation to the WA-360-P farm-in. The cash consideration incorporates approximately US$7.5 million of seismic related back costs, together with the first US$31.5 million cash bon
Baker Hughes announced today it was awarded a $137-million, eight-year contract extension from Repsol for the exclusive supply and maintenance of electrical submersible pumping (ESP) systems in Ecuador’s Block 16 and Tivacuna production areas. The award covers 200 wells in which Repsol requires ESP
Shell today announces investment to support phase II of the prolific Parque das Conchas (BC-10) project more than 100 kilometres (62 miles) off the coast of Brazil. This significant investment develops the fourth field in the BC-10 block and continues a successful wave of production growth in Shell’
The semi submersible drilling rig “Lone Star” has been delivered and handed over to their client Queiroz Galvão Perfuraçoes S.A. offshore Abu Dhabi on 13 October 2010. The rig is the first out of a series of three semi submersible drilling rigs which the Company will supply to Brazilian clients. Del
The Hague, Netherlands – APM Terminals has signed a 25‐year concession agreement for the operation of the Port of Monrovia in Liberia, having been named the preferred bidder for the port management and modernization project last March. The now formalized agreement for the port’s privatization will r
Ireland must take advantage of the UK’s plans to develop invest up to €60bn on offshore wind projects in the Irish and Celtic Seas,… By Rachel Neliigan (insideireland) [mappress] Source: insideireland, October 15, 2010;
Technip announces today that it has finalized its agreements with MISC Berhad and Malaysia Marine and Heavy Engineering Holdings Berhad (MHB), two companies within Malaysia’s national oil corporation, Petroliam Nasional Berhad (PETRONAS), to establish their long-term collaboration. As previously ann
The Warwickshire firm hoping to build a £1.3 billion offshore wind farm off the coast of Norfolk has encountered a major setback following… By Anna Blackaby (birminghampost) [mappress] Source: birminghampost, October 15, 2010;
The Warwickshire firm hoping to build a £1.3 billion offshore wind farm off the coast of Norfolk has encountered a major setback following… By Anna Blackaby (birminghampost) [mappress] Source: birminghampost, October 15, 2010;