Faroe Petroleum plc, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic Margin, the North Sea and Norway, provides operational update following completion of the transaction with Petoro AS (“Petoro”), to swap Faroe’s intere
U.S. oil & gas exploration and production company, ConocoPhillips, announced a 2012 capital program of $15.5 billion. The 2012 capital program for E&P is $14.0 billion and includes $2.2 billion for worldwide exploration, $0.4 billion of capitalized interest and $0.7 billion for the company’s contrib
FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, said that the Leiv Eiriksson rig has been released by Cairn Energy PLC from drilling operations in Greenland and is now en route to the Falkland Islands for the upcoming B&
ProSep Inc., a provider of process solutions to the oil and gas industry, today announced it was awarded a $1.4 million contract to supply M-I Swaco, a Schlumberger Company, with a proprietary CTour® produced water treatment system, for installation on an offshore platform operating on the Norwegian
The hull for yno 294 at Ulstein Verft, a platform supply vessel of design type ULSTEIN PX121 for Blue Ship Invest, was launched by Zaliv shipyard in Ukraine on 30. November. “This hull is hull number 500 from Zaliv, and this special occasion was celebrated with a great many invited persons”, comment
Forum Energy Technologies Inc., has sold a Sub-Atlantic™ Mojave observation ROV to GeoTeam S.r.l. in Rome, Italy. GeoTeam is a solutions based marine survey, construction support and geotechnical contractor with operations in the United Kingdom, Italy and the United Arab Emirates. The Sub-Atlantic™
Leni Gas & Oil plc yesterday announced plans for additional drilling at the Eugene Island Field in the US Gulf of Mexico. The Company has approved the first of a number of projects designed to tap into undeveloped reserves within the Eugene Island-184 leases operated by Marlin Energy LLC (“Marlin”)
Caterpillar Marine Power Systems has been selected to provide four Cat® 3516C Diesel Electric Propulsion (DEP) generator sets for the SV-310 multi-purpose offshore construction and supply vessel (MPSV) for Harvey Gulf International. Each 3516C DEP generator set will provide 2250 ekw @ 1800 rpm of po
Fairmount Marine’s powerful tug Fairmount Alpine played an important role by preventing a shipping disaster on the coast of Cuba. The crew of the Fairmount Alpine managed to connect with the drifting cargo vessel off Cuba and managed to tow the distressed vessel into safe waters. The cargo vessel wa
A £47.5 billion business opportunity is opening up for companies in decommissioning the North Sea’s huge infrastructure of offshore oil and gas fields according to new research recently published by Deloitte and Douglas-Westwood. The next 30 years will see enormous demand building for the services o
French supermajor Total, plans to increase its stake in the Ichthys LNG project, according to the company’s CEO Christophe de Margerie’s statement given to Japan-based Kyodo News Agency today. Total would then own 30 % stake in Australia offshore/onshore giant gas project which is 6 % up from the cu
Providence Resources P.l.c.,the London (AIM) and Dublin (ESM) listed oil and gas exploration and production company, has been awarded Standard Exploration Licence 2/11 in the Kish Bank Basin, offshore Dublin by the the Irish Department of Communications, Energy and Natural Resources. The Licence, wh
Brazil’s Petrobras, one of the world’s largest integrated oil and gas companies, won two coveted awards at the 13th annual Platts Global Energy Awards held Thursday night at a black-tie dinner in New York City. – the “Energy Company of the Year” and “Energy Producer of the Year” – and Andrew Liveris
Husky Energy Inc., a Canadian energy company based in Calgary, Alberta announces a $4.7 billion ($4.1 billion net cash) capital expenditure program for 2012 which builds on the momentum achieved over the past year to increase short-term production and supports the continued execution of the Company’
