Statoil’s third quarter 2011 net operating income was NOK 39.3 billion, a 39% increase compared to NOK 28.2 billion in the third quarter of 2010. “Statoil delivered strong financial results in the third quarter of 2011, reflecting operational performance in line with expectations and strong oil and
BP Egypt on Monday announced the Salmon gas discovery in the North El Burg Offshore Concession, Nile Delta. Salmon is the third gas discovery BP has made in the concession following Satis-1 and Satis-3 Oligocene deep gas discoveries. Salmon, drilled by IEOC, the affiliate of ENI in Egypt, on behalf
Cal Dive International, Inc. announced today that it has been awarded a contract by Pemex Exploración y Producción for the installation of an 8 inch subsea pipeline located in the Abkatun Field in 47 meters of water. The contract will generate total revenue of approximately $27 million and will util
Fairstar Heavy Transport N.V. (FAIR) has been awarded a contract by Nabors Drilling to transport the DB 301 from Port Gentil, Gabon to Pascagoula, Mississippi on the Fairstar semi-submersible vessel FJELL. The USD 2.1 million contract was signed today in Houston. The FJELL will load the DB 301 immed
Royal Dutch Shell , the biggest shareholder in Woodside Energy , has given no indication that it is in any hurry to sell its 24 percent stak… By Rebekah Kebede (Reuters) [mappress] Source: Reuters, October 26, 2011
The new Northern Europe team will be headed by business leader Steve Brittain, with Steve Clark as operations manager and Paul Harrison as sales manager. The appointments – effective from 1 September – are part of organisational changes in the EMEA region to maximise opportunities in Scandinavia whi
Systematic and integrated thinking about pipelines in all phases of Norwegian petroleum activity was in focus at a seminar staged by the Petroleum Safety Authority Norway (PSA) on 19 October. This international session was the latest annual meeting in a 10-year series held to share expertise and exp
Scotland’s First Minister Alex Salmond yesterday (October 25) officially opened the global headquarters of The Ferguson Group, specialists in the rental of containers, accommodation modules and engineering modules to the offshore energy industry around the world. The Ferguson Group has operated out
Lundin Norway AS (Lundin) has received consent to carry out exploration drilling in the North Sea with the Bredford Dolphin mobile facility. The consent relates to drilling of exploration well 16/5-2 which is part of production licence 501 with Lundin as the operator (40%). The other licensees are S
Rockhopper Exploration plc , the North Falkland Basin oil and gas exploration company, announces that the 14/10-9 well (the “Well”) was spudded at 10.45 hrs BST on 25 October 2011. The Well, situated on Licence PL032, which is 100% owned and operated by Rockhopper, is the eighth well to be drilled o
CNOOC Limited today announced its results for the third quarter of 2011. Having benefited from rising realized oil and gas prices, the total unaudited oil and gas sales revenues of the Company reached approximately RMB46.26 billion for the third quarter of 2011, representing a significant increase o
In the afternoon of October 26, Sinopacific Shipbuilding Group, China’s leading shipbuilding enterprise held the ship naming and delivery ceremony at its Zhejiang shipyard for SX130, the global first fabricated model of Offshore Support Vessel (OSV) built for Neptune Offshore AS. Gracing this occasi
The Ministry of National Infrastructures has ordered the Leviathan partners to expedite drilling of the exploration well. A similar order wa… Source: Koby Yeshayahou,(Globes) [mappress] Source:Globes , October 26, 2011;
Russian naval ships are to watch over the extraction of oil and other bio-resources in the disputed regions of the Caspian sea. In the meant… Source: Ruvr [mappress] Source:Ruvr , October 26, 2011;
