The Obama administration said Monday that it would require significantly more environmental review before approving new offshore drilling permits, ending a practice in which government regulators essentially rubber-stamped potentially hazardous deepwater projects like BP’s out-of-control well. The a
A civil racketeering lawsuit was filed Monday in U.S. District Court in Mississippi against British Petroleum, accusing the company of… (clarionledger) [mappress] Source: clarionledger, August 17, 2010;
BP today announced the completion of its purchase from Devon Energy of an additional interest in the BP-operated Azeri-Chirag-Gunashli… (abc) [mappress] Source: abc, August 17, 2010;
Royal Boskalis Westminster N.V. has been awarded a contract for the capital and maintenance dredging of the Soyo LNG port in Angola. The total contract value is approximately € 155 million in which Boskalis has a 50% share. The contract was awarded by Angola LNG Ltd. Work is set to commence in 2010
ARKeX, the provider of geophysical imaging services, has commenced a 6712 line km BlueQube Marine gravity gradiometry survey for a Svenska Petroleum Exploration led consortium, offshore Guinea Bissau. The West African republic has seen increasing exploration activity over the past few years with sev
BOSSES at a North-East port business said the region’s coast was an obvious location for companies working in the offshore wind farm sector… By Owen McAteer (thenorthernecho) [mappress] Source: thenorthernecho, August 16, 2010;
Oil industry body UK Oil and Gas is proposing to more than double the maximum liability cover rigs need under the Offshore Pollution… (insurancetimes) [mappress] Source: insurancetimes, August 16, 2010;
South Korea’s Kodeco Energy shut down one of its oil and gas production facilities in the Java Sea after it was hit by a container ship… (thejakartapost) [mappress] Source: thejakartapost, August 16, 2010;
BP has delayed the start of drilling at its offshore Libyan blocks from July to later in the year, company spokeswoman Sheila Williams… [mappress] Source: zawya, August 16, 2010;
This statement is made by the Board of Directors (the “Board”) of Prosafe Production Public Limited (“Prosafe Production” or the “Company”) pursuant to sections 6-16 and 6-19 of the Norwegian Securities Trading Act in connection with the voluntary offer by BW Offshore Limited (“BW Offshore”, “BWO” o
About the same time as oil company BP managed to seal its leaking well in the Gulf of Mexico, Russian authorities approved the introduction… [mappress] Source:oilandgaseurasia , August 16, 2010;
Integrated oil & gas brown field services provider, Petra Energy Berhad (“Petra Energy”), through its wholly owned subsidiary, Petra Resources Sdn Bhd, has been awarded three separate work orders by Petronas Carigali Sdn Bhd (“PETRONAS”) for the provision of Hook-Up and Commissioning work of PETRONA
Transocean Ltd. today issued a monthly Fleet Update Summary covering only newly signed contracts, significant changes to existing contracts and changes to estimated out of service time of 30 days or more for High Specification Floaters or 60 days or more for all other rigs since their last quarterly
Seadrill’s majority owned subsidiary Scorpion Offshore Ltd. has received a binding Letter of Agreement for a two well firm plus two optional wells contract for Offshore Vigilant in Venezuela with Cardon IV S.A. Firm contract duration is estimated to 240 days with an option for extension of approxima