The International Regulators’ Forum (IRF) is an important arena for the Petroleum Safety Authority Norway (PSA), says director general Magne Ognedal. “And it can be an important tool for petroleum safety worldwide.” His comment follows the PSA’s assessment of the IRF’s offshore safety summit in Stav
Aubin, a leading independent supplier of specialist chemicals to the energy industry, has announced a strategic partnership with an agent in the Middle East who will promote the company’s full range of specialist chemicals and services in the UAE and Oman. The partnership agreement with Leaders Oilf
– Kreuz Holdings Limited (“Kreuz” or together with its subsidiaries, the “Group”), a subsea service provider for the oil and gas industry, today announced that the Group has secured its fifth set of contract wins worth approximately US$57.5 million from the Swiber Group. The value of this set of con
The Board of Mediterranean Oil & Gas Plc , the central Mediterranean focused producer, developer and explorer of oil and gas assets, announces that it has entered into a short term secured loan with affiliates of certain of the company’s substantial shareholders, namely affiliated investment funds o
Bentley Systems, Incorporated, the leading company dedicated to providing comprehensive software solutions for sustaining infrastructure, announced the acquisition of FormSys, based in Perth, Australia. This software development company has a proven, twenty-year track record in 3D design, analysis,
Petrobras’ CEO, José Sergio Gabrielli de Azevedo, gave a presentation this Monday (Nov 7) at the Brazilian Chamber of Commerce in Japan (BCCJ), Tokyo, regarding the company’s huge demand for equipment, logistic and infrastructure in its 2011-2015 Business Plan. In his address, Mr. Gabrielli highligh
China Oilfield Services Limited announces the successful completion of a well fracturing test operation at Ningbo 14-3-1 in East China Sea. At 4,950 meters, this operation writes a new record for depth of fracturing operation COSL has ever performed. The quality of this hydraulic fracturing operatio
Yesterday, November 7th, the N-Sea Group BV and Subcom BV have signed a Letter of Intent in relation to the acquisition of Subcom BV by the N-Sea Group BV. Both parties seek to complete this mutually beneficial transaction by the end of this week. As of January 2012 Subcom BV will be integrated into
Lamprell , a leading provider of specialist engineering services to the international offshore and onshore oil & gas and renewables industries, announces that it has received a new contract award from Jindal Pipes (Singapore) Pte Limited (“Jindal”), based in Singapore, for the construction and deliv
Sembcorp Marine’s subsidiary Jurong Shipyard and Seadrill Limited set a key milestone on November 5, 2011 with the double naming of high-specification, ultra-deepwater semi-submersible drilling rigs West Capricorn and West Leo. The double rig naming – a first for Seadrill and Jurong Shipyard – witne
CAMAC Energy Inc. , a U.S.-based energy company engaged in the exploration, development and production of oil and gas in West Africa and China, announced that it has signed a heads of agreement (“HOA”) to acquire one hundred percent of the issued share capital of Avana Petroleum Limited, a private I
Nido Petroleum Philippines Pty Limited (‘Nido’), as Operator of Service Contract 54B (SC 54B), announced the commencement of 2D seismic operations in SC 54B. NDO’s partners in SC 54B are Shell Philippines Exploration B.V. (‘SPEX’) and Yilgarn Petroleum Philippines Pty Ltd (a wholly owned subsidiary
His Royal Highness The Prince Andrew, Duke of York, KG recently visited MMHE . HRH Prince Andrew, the second prince of Queen Elizabeth II, arrived in Malaysia on Sunday for a three-day visit in his capacity as Britain’s special representative for international trade and investment. His Royal Highnes
Baker Hughes Incorporated announced yesterday that the international rig count for October 2011 was 1,197, up 23 from the 1,174 counted in September 2011, and up 98 from the 1,099 counted in October 2010. The international offshore rig count for October 2011 was 312, up 8 from the 304 counted in Sep
