IAR Systems, a provider of software tools for embedded systems, announced today that its build and debug tool chain IAR Embedded Workbench has been selected by Ocean Modules, an ISO 9001:2008 certified manufacturer of remotely-operated vehicles (ROV), for the next generation underwater technology. O
Heerema Fabrication Group (HFG) has been awarded the contract for the fabrication of two jackets for the Golden Eagle Development project of Nexen Petroleum UK Ltd. The contract consists of the fabrication of a 6,000 tons wellhead jacket and a 6,000 tons jacket for the PUQ (Production Utilities Quar
MEO Australia Limited announced that its subsidiary Seruway Offshore Exploration Limited (“SOEL”) as operator for the Seruway PSC, has commenced the acquisition of the 705 km2 3D seismic data over the Ibu Horst area. SOEL holds a 100% interest in the PSC. The PGS seismic vessel MA/ Pacific Explorer
Rostam Qasemi, Iran’s Energy Minister, announced a massive natural gas field discovery in Iranian part of the Caspian Sea. He said that the field is situated in a water depth of 700 meters containing 50 trillion cubic feet of natural gas. Shana quted Qasemi saying that “Iran’s Gas reserves went up t
Awilco Drilling PLC has signed a Letter of Intent (LOI) with Suncor Energy UK Limited for the provision of WilHunter for the drilling of one HPHT exploration well estimated at 90 days. The contract value is estimated to be USD 27 million. The contract is expected to commence in Q3 of 2012. WilHunter
ConocoPhillips Skandinavia AS has completed drilling of the wildcat wells 7/11-12 S and 7/11-12 A. The wells proved gas. The wells were drilled in the southern part of the North Sea, about 19 kilometres southwest of the Ula field. The objective of well 7/11-12 S was to prove petroleum in Triassic re
Polarcus Limited, a U.A.E based seismic specialist that operates a fleet of high performance 3D seismic vessels has signed a Letter of Intent with an undisclosed client for a 3D seismic acquisition project offshore West Africa. The project will commence in January and is expected to run for approxim
TGS has commenced acquisition of a 3D multi-client wide azimuth (WAZ) survey covering 11,655 km2 in the Gulf of Mexico in partnership with WesternGeco. The survey, Patriot WAZ 3D, will be the first orthogonal WAZ survey covering a large portion of the existing Freedom WAZ data set. Following the acq
Keppel FELS Limited is on course to deliver ENSCO 8505, the sixth of seven ENSCO 8500 Series® ultra-deepwater semisubmersible (semi) drilling rigs to Ensco safely, on time and within budget. The rig is expected to be completed in the first quarter of 2012 with zero lost-time incidents in over five m
Kleven Maritime has signed a contract with offshore ship owning company Ugland Offshore on the delivery of an advanced platform supply vessel. The vessel is to be delivered from Myklebust Yard in June 2012. “This is a very welcome signing, especially for our employees at Myklebust Yard,” says Ståle
Atwood Oceanics, Inc., announced today that one of its subsidiaries has been awarded a drilling services contract by a subsidiary of Bowleven Plc. for the Atwood Aurora. The day rate for work offshore Cameroon will be approximately $134,000, with contract commencement expected in May 2012 in direct
Neon Energy Limited announces that the Company has received notification from Indonesian regulatory authority MIGAS, of the award of the Tanjung Aru Production Sharing Contract to a Joint Venture consortium comprised of the following companies: * Neon Energy Ltd 42% * KrisEnergy Ltd (Operator) 43% *
The Next Generation Oil & Gas group is a consortium of 65 CEOs and senior corporate officers from small, mid, and large cap O&G producers. The summit will organize highly interactive strategy sessions over the course of three days on topics that will be set entirely by industry members. The event wi
The board of BP p.l.c. announced today that Andrew Shilston will join the Board as a non-executive director with effect from 1st January 2012. Andrew Shilston is currently chief financial officer at Rolls-Royce Holdings plc. Carl-Henric Svanberg, chairman of BP, said: “We continue to strengthen the
