Yantai CIMC Raffles and COSL Drilling Europe (CDE) today signed the contract for deepwater semi-submersible platform, the COSLPROSPECTOR, in Beijing. The COSLPROSPECTOR is a DP3 vessel with an operating depth of 1,500 metres, a drilling depth of 7,600 metres and a designed operating temperature of m
Global Industries, Ltd. announced today that, at a special meeting held today in Houston, Texas, its shareholders voted to approve the proposed merger of an indirect, wholly-owned subsidiary of Technip S.A. with and into Global Industries, as well as other proposals related to the merger. Global Ind
ShawCor’s pipecoating division, Bredero Shaw, has received a 45 milliona contract from Hyundai Heavy Industries to provide corrosion protection and concrete weight coating for the Barzan pipeline project in the Qatari sector of the Arabian Gulf. The contract will be executed at Bredero Shaw’s facili
Nido Petroleum Philippines Pty Limited, as Operator of Service Contract 54A (‘SC 54A’), on behalf of partners Yilgarn Petroleum Philippines Pty Ltd , Trafigura Ventures III B.V. and TG World (BVI) Corporation, announces the acquisition of new 2D seismic in SC 54A. Approximately 70 line kilometres of
Australian ship builder Strategic Marine has confirmed its position as a major supplier of vessels to the Malaysian offshore oil and gas sector, securing a contract to build two 40 metre crew boats for Syarikat Borcos Shipping Sdn Bhd, an established Malaysian shipping company formed in early 1980.
A working meeting was held yesterday in the Gazprom headquarters between Alexey Miller, Chairman of the Company’s Management Committee and Jurgen Grossmann, Chief Executive Officer of RWE. The parties discussed potential establishment of a joint venture in the energy sector. RWE is a leading German
Antrim Energy Inc, Antrim, an international oil and gas exploration and production company headquartered in Calgary, Canada, today announced preliminary results of drilling operations on the Antrim-operated Erne exploration well 21/29d-11 in the UK Central North Sea (Antrim working interest 50%). Th
As the chase for oil and gas moves further north, the oil services industry follows. Today Aker Solutions, a Norwegian multinational provider of services related to engineering, construction, maintenance, modification and operation announces plans to establish a large engineering office in Tromsø as
Canadian Overseas Petroleum Limited, an oil and gas exploration company focused in the UK North Sea, and the offshore Liberian continental margin, announces that drill-stem testing has successfully completed in the Esperanza discovery in Block 22/15 of the UK North Sea. The 22/15-4 well, operated by
Fred.Olsen Energy ASA reported that Lundin Norway AS has exercised the option for additional three wells with Dolphin Drilling AS, a subsidiary of Fred. Olsen Energy ASA, for use of the semi-submersible drilling unit Bredford Dolphin. The wells will be in direct continuation with current contract wi
Siemens Industry, Inc. today announced it has improved upon its popular Siship Blue Drive with the launch of its Blue™ Drive Plus C system, a new diesel electric propulsion system now available in the United States. Developed by Siemens Marine Solutions Global Center of Competence in Trondheim, Norw
FMC Technologies, has signed an agreement with Chevron Australia Pty Ltd for the design, manufacture and supply of subsea production systems to support the Wheatstone Project. The contract has an approximate value of $325 million in revenue to FMC Technologies. The Chevron-operated Wheatstone Projec
Shell has halted production from its EA offshore field in Nigeria on November 9. The field, located offshore Nigeria’s southern Bayelsa State is expected to remain shut for several weeks. Shell spokesperson informed Reuters that the company shut down the FPSO, and halted production as a part of plan
Today, Nexen Inc. , an independent, Canadian-based global energy company has entered a joint venture with China’s CNOOC Limited in the Gulf of Mexico. The joint venture will provide CNOOC Limited with a working interest in up to six deepwater exploration wells in the Gulf of Mexico. Among the prospe
