The following statement was released by BP America Chairman and President Lamar McKay on completion of the MC252 Relief Well in the Gulf of Mexico. “Today’s completion of relief well operations on the Macondo well is a significant technological accomplishment and another important milestone in our c
A letter of agreement has been signed for the provision, lease and operation of a semi-submersible production facility for the Tubular Bells field in the Gulf of Mexico (GOM). The agreement allows SBM Offshore to start engineering and commit substantial hardware investment in the facility until fina
Statoil has awarded Aker Solutions the Sleipner Modifications Portfolio Agreement and the first project-specific agreements for engineering, procurement, construction and installation (EPCI) for the Gudrun tie-in to Sleipner in the North Sea. The order is worth approximately NOK 900 million (approxi
Svendborg Brakes wins Unfair Competition and Copyright Infringement Law Suit concerning the protection of original Svendborg brakes The Bielefeld District Court in Germany ruled in favour of Svendborg Brakes A/S in a copyright infringement and unfair competition law suit filed against a competitor c
Cape Wind opponents and proponents within the business community traded rhetorical blows yesterday over the costs of the proposed offshore… By Jay Fitzgerald (bostonherald) [mappress] Source: bostonherald, September 20, 2010;
Halliburton closed the acquisition of Boots & Coots, Inc., creating the industry’s premier intervention services and pressure control product service line. The merger combines Halliburton’s coiled tubing and hydraulic workover operations with Boots & Coots’ well intervention services, providing oper
Schilling Robotics, LLC, experts in subsea systems, announced today the order for two (2) new 200hp UHD™ ROV systems from specialist subsea service company DOF Subsea. In addition, two (2) original UHDs™ delivered to DOF Subsea in 2006 will be upgraded to the advanced UHD™ Gen II design, providing e
KNOC has bought a 29.5% stake in Aberdeen-based oil company Dana Petroleum at the same price as last month’s hostile bid. [mappress] Source: UKfinanceyahoo,September 17, 2010,
Centrica plc, the parent company of British Gas, today announced that it has reached an agreement with A/S Norske Shell and Enterprise Oil Norge AS (Shell) to acquire its non-operated interests in the gas and oil producing Statfjord field in the Norwegian sector of the North Sea, and its associated
Providence Resources P.l.c. , („Providence‟), through its wholly owned subsidiary EIRGAS Limited („EIRGAS‟), is pleased to announce that it has selected international engineering and project management company AMEC to begin a conceptual development study for the ULYSSES salt cavern gas storage proje
TGS announced today that Sonangol has advised TGS that the negotiated right for TGS to acquire multi-client programs in Angola was terminated. TGS will continue to work with Sonangol to identify future business opportunities in Angola. “While we are disappointed that we will not be working in Angola
The Panama Canal Authority has successfully completed the first round of tests in the installation of its new Electronic Navigational … [mappress] Source: directionsmag, September 17, 2010
Oilfield equipment specialist Titan Torque Services has secured a three-year contract to support the UK North Sea operations of Premier Oil. Aberdeen-based Titan will perform all bottomhole assembly make up and break out, and pressure testing work, in support of Premier’s drilling programme in a dea
Statoil has received consent to carry out plugging, sidetrack drilling and completion of wells with the Stena Don mobile facility. The consent applies to the wells 31/5-J-14H, 31/5-J-14 AY1H and 31/5-J-14 AY2H, which are part of production licences 054 and 085. The planned start-up of operations on
