Western Australian shipbuilder Strategic Marine will expand its presence in the state’s North West, establishing a new facility at the SINWA site in Karratha. The operation has been established to meet the demands of Strategic Marine’s growing number of clients in the offshore oil and gas sector for
Det norske has, through several years, actively cooperated with research- and educational institutions in northern Norway. “Through various measures, we wish to contribute to socioeconomic gains, and to develop competence in the three northernmost counties. By getting involved in education and indus
Global joint integrity specialist Hydratight has opened an office in Bangalore with sister company, Enerpac, to take advantage of a growing market in the region. The India office team will be headed by regional leader Murali Narasimhan, who was previously Hydratight’s area manager for Kuwait and Ind
Norwegian conglomerate Aker said on Monday it was offering to buy Aker Floating Production , which owns and operates two ships that can prod… Reporting by Oslo newsroom (Reuters) [mappress] Source: Reuters, November 7, 2011
Providence Resources P.l.c., (“Providence”) the London (AIM) and Dublin (ESM) listed oil and gas exploration and production company, announced that it has taken delivery of the GSF Arctic III (“Arctic III”) semi-submersible drilling rig for the upcoming appraisal drilling programme at Barryroe. The
The government may revise regulations covering joint offshore oil exploration with foreign companies following a spill off the northeastern… By Zhou Yan and Wang Qian (China Daily) [mappress] Source: China Daily, November 7, 2011; Image: ConocoPhillips
Norway’s Statoil has said a Russian government guarantee of tax breaks for the Shtokman gas field is urgently required if a final investment… By Howard Amos (The Moscow Times) [mappress] Source: Moscow Times, November 7, 2011; Image:Shtokman
CNOOC Limited announced today that Bridas Corporation (“Bridas”), a 50/50% joint venture between CNOOC International Limited and Bridas Energy Holdings (“BEH”), informed the Company that it sent to BP PLC(“BP”) a letter on November 5 to terminate the transaction to acquire 60% equity interest in Pan
Incat Crowther announces the launch of a second 27.6m Wave Piercing Catamaran Crew Boat, Topaz Zephyr. Based on the innovative Topaz Zenith, launched in June, Topaz Zephyr has been optimized to provide 24-hour support to offshore oil and gas operations. The vessel differs from the earlier design by
Awilco Drilling PLC confirmed last week that the contract with Endeavour Energy UK Ltd for the provision of WilHunter for their Rochelle development program is signed. The contract is expected to commence late Q1 2012. To remind, Awilco Drilling PLC had signed on October 5th a Letter of Intent (LOI)
Maersk Drilling has received a Letter of Award from Total E&P Norge AS for one of the two ultra harsh environment jack-up rigs presently under construction in Singapore. The rig will be used for drilling the demanding and complex wells on the Hild field development in the Norwegian North Sea. The co
Petrobras last week announced a new oil discovery in the extreme southwestern part of the Walker Ridge concession area, located in America’s Gulf of Mexico ultra-deep waters. The discovery confirms the Lower Tertiary’s potential in this area. The Logan discovery is approximately 400 km (250 miles) s
Toronto-listed Orca Exploration’s Tanzanian unit, PanAfrican Energy, plans to invest $130 million to double natural gas output following… Source: Reuters [mappress] Source: Reuters, November 6, 2011; Image: Orca Exploration
Escopeta Oil Company LLC, a Houston-based independent, has discovered what it estimates to be 3.5 trillion cubic feet (99 billion cubic metres) of natural gas at a prospect in southern Alaska’s Cook Inlet, a company official said on Saturday. The estimate is based on results of a single well and rep
