Golar LNG Limited announced today that, further to the announcement on October 6, 2011, that it has completed the sale of the companies that own the floating storage and regasification unit Golar Freeze to Golar LNG Partners L.P. On October 6. Golar announced that it had entered into an agreement to
Ithaca Energy Inc. announces that it has concluded its development concept select process for the Greater Stella Area (GSA) fields, with the decision to create a production hub based on a floating production unit located over the Stella field. The GSA development concept involves the introduction of
Polarcus Limited announced yesterday that the Company has entered into a research collaboration project with Cambridge Carbon Capture Ltd (CCC) in the United Kingdom to develop carbon mineralization technology. Such technology could potentially be used to reduce CO2 emissions from ships, including e
TSC Group Holdings Limited has recently landed a series of offshore equipment contracts from key global clients, including Maersk, Transocean, Tidewater Marine, and Reliance. In addition, the Group has also been awarded five turnkey oil production platforms and vessels projects for ADMA-OPCO, Cuu Lo
Seismic specialist Reservoir Exploration Technology (RXT) announces that it is refocusing its ocean bottom cable (OBC) seismic operations to meet expected demand for its services in the North Sea, Gulf of Mexico, and most of West Africa, and has made two senior management appointments to lead the pr
Transocean today officially opened its state-of-the-art training center and offices in Kuala Lumpur, Malaysia. The training center and offices were opened by Dato’ Wee Yiaw Hin, Executive Vice President, Exploration and Production, of PETRONAS, and Steven L. Newman, President and Chief Executive Off
Oil major BP said it had delayed the start-up of production from its Skarv oil and gas field off Norway until late in the first quarter of… By Walter Gibbs and Joachim Dagenborg (Reuters) [mappress] Source: Reuters, October 19, 2011
Providence Resources P.l.c., („Providence‟) the London (AIM) and Dublin (ESM) listed oil and gas exploration and production company, today provided an update on its upcoming appraisal drilling programme in the North Celtic Sea Basin, offshore southern Ireland. *The Barryroe partners have been awarde
Catalist-listed ES Group (Holdings) Limited (the “Company”, together with its subsidiaries, “ES Group” or the “Group”) announced today that its wholly-owned subsidiary, ES Offshore Engineering Pte. Ltd. has won another order to construct two jack-up drilling rig blocks for a major Singapore shipyard
The Huldra field is being depleted. What’s left is a fully adequate and solid platform. Any buyers? Must a platform be scrapped after use? Couldn’t it be moved to a new area? The Huldra platform has been producing in the North Sea since 2001, and is still a modern platform with many possibilities. T
Teekay Corp , a marine crude oil and petroleum product transporter, will spend up to $823 million to buy three floating production storage a… Source: Reuters [mappress] Source: Reuters, October 19, 2011;
Petrobras CEO, José Sergio Gabrielli de Azevedo, said that Brazil will be one of the main contributors to the increase of oil supply in the global market and stressed that demand continues to increase in developing nations. This Tuesday (Oct 18) Mr. Gabrielli took part in a ministerial meeting organ
Leading North East Engineering company IHC Engineering Business (IHC EB) has been named Design Team of the Year 2011 by the British Engineering Excellence Awards (BEEA). At the ceremony held on October 13 at the Shakespeare Globe Theatre, London, IHC EB was highly commended by the judges for the tea
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, yesterday reported an oil discovery in well 8/10‐4S on the Butch prospect (Faroe 15%) located in the Norwegian North Sea.