Tangiers Petroleum Limited said that the ongoing interpretation of the re-processed 2-D seismic data from prospects in Tarfaya Block, offshore Morocco is producing excellent results. Three new prospects and multiple additional leads have thus far been identified. The new prospects have been named Ap
The Board of Directors of OAO Sovcomflot held a meeting on 25 November 2011 and considered a number of organisational matters. Ilya Klebanov was unanimously elected as Chairman of the Board of Directors. Elena Titova was elected as Chairman of the Board Committee on Strategy; Charles Ryan was electe
Otto Marine Limited announced today that Otto Ventures Pte. Ltd (“OVPL”), a wholly-owned subsidiary of the Company had entered into a Joint Venture Agreement with Limin Marine Private Limited . Limin is in the business of ship owning, managing and operating, ship brokering, ship building and repair
SeeByte,a company focused on creating smart software technology for unmanned systems, and Soil Machine Dynamics Limited (SMD), a manufacturer of remote intervention equipment, have announced their intention to enter a partnership commencing in early 2012. SeeByte and SMD will work together to develo
Subsea 7, through its i-Tech division, announces today the award by Statoil ASA for the provision of ROV services onboard China Oilfield Services Ltd (COSL)’s new build Innovator and Promoter rigs currently under construction in China. i-Tech’s workscope includes the provision of two new build Centu
Rialto Energy Limited, an operator of Block CI‐202 offshore Ivory Coast, in which it hold an 85% interest, has together with its JV partner Petroci, submitted the Field Development Plan (FDP) for the Gazelle field to the Hydrocarbon Directorate (DGH) in Abidjan. The FDP was submitted on 4 November 2
CGX Energy Inc. has awarded a drilling contract to a subsidiary of Diamond Offshore Drilling, Inc. for the Ocean Saratoga semi-submersible drilling rig to drill the Eagle-1 well on the Company’s 100% owned and operated Corentyne Petroleum Prospecting License (“PPL”), offshore Guyana. The Ocean Sarat
Petrobras , the largest company headquartered in the Southern Hemisphere by market value, announces the discovery of good quality oil during drilling of well 4-BRSA-946C-SPS, informally known as Biguá. The well is located in block BM-S-8, in ultra deep waters of the Santos Basin pre-salt area, 270km
Seadrill, a Norwegian-Bermudan offshore drilling company with operations around the globe today announced its third quarter 2011 net income of US$58 million. Consolidated revenues for the third quarter of 2011 amounted to US$1,029 million as compared to US$995 million in the second quarter. Operatin
Rolls-Royce, the global power systems company, has been awarded new contracts with a potential value of $650 million by Petrobras, a world leader in deep and ultra-deep water oil and gas exploration and production, to support its production activities offshore Brazil. Rolls-Royce will supply Petrobr
Cairn Energy, a global oil and gas exploration company headquartered in Edinburgh, United Kingdom, today provided the operational update related to its 2011 exploration drilling campaign offshore Greenland where drilling operations were extended to complete activities on the last two wells in the At
Ezra Holdings Limited, a global offshore contractor and provider of integrated offshore solutions to the oil and gas industry, announced its offshore support services division (EMAS Marine) has been awarded a new charter and charter renewals for four Offshore Support Vessels (OSV). These awards wort
Mechanical engineering services group, EnerMech, has won a £1 million (NOK 8.9M) crane services contract by Talisman Energy Norge AS. EnerMech AS, based in Stavanger, will deliver services to all Talisman’s Norwegian assets over the next six years. The three year (+3 year option) contract covers cra
Wood Group Kianda, a joint venture between Amílcar Nascimento, Wood Group’s Angolan business partner, and Wood Group will officially be launched in Luanda, Angola today. Sister Wood Group companies, Wood Group Mustang, Wood Group Kenny and Wood Group PSN will provide their services through the joint
