DOF has, through its Brazilian subsidiary Norskan Offshore Ltda, signed a contract with Petrobras for Skandi Flamengo. The contract will commence in October 2011 and has a firm duration of 4 years. Skandi Flamengo is a PSV of UT 755 L design built in Brazil in 2003. Platform Supply Vessels transport
Shares of Singapore rig builders Keppel Corp and Sembcorp Marine climbed on Monday after analysts said they could secure more orders and aft… Reporting by Eveline Danubrata (Reuters) [mappress] Source: Reuters, October 17, 2011;
A US oil exploration ship has arrived in Taranaki to be greeted by environmentalists protesting against the government’s “blinkered obsessio… Source: Yahoo! [mappress] Source: nz.news.yahoo, October 17, 2011;
Bowleven, the West Africa focused oil and gas exploration group traded on AIM, on Friday (October 14) announced the discovery of oil at the Sapele-3 exploration well drilling in the Douala Basin, offshore Cameroon. Sapele-3 drilling update The Sapele-3 well is located circa 16 kilometers North West
Indian energy major Reliance Industries will suspend oil and gas drilling pending an internal valuation of its exploration and production s… Source: Reuters [mappress] Source: Reuters , October 17, 2011;
Daewoo Shipbuilding & Marine Engineering said on Monday that it had secured a combined $1.95 billion worth of deals… Reporting by Hyunjoo Jin and Ju-min Park; Editing by Jonathan Hopfner (Reuters) [mappress] Source:Reuters, October 17, 2011;
Rockhopper Exploration plc, the North Falkland Basin oil and gas exploration company, announces that it has entered into a further assignment agreement to secure an additional well slot using the Ocean Guardian drilling rig. Rockhopper intends to utilise the additional well slot to drill a well on t
The oil and gas group PA Resources has made an oil discovery in the Miocene sandstone level in the Lille John prospect in License 12/06 offshore Denmark. The exploration well will now be sidetracked to a Chalk target. The ongoing exploration well at the Lille John prospect has encountered approximat
Anadarko Petroleum Corporation today announced an agreement with BP to settle all of BP’s current and future claims against Anadarko associated with the Deepwater Horizon event. Under the terms of the settlement agreement, Anadarko agrees to pay $4.0 billion to BP, and both parties have agreed to m
AMEC, the international engineering and project management company, has been appointed by BP and its partners, Shell, ConocoPhillips and Chevron, to deliver the engineering and project management services (EPMS) for the main platform design for Clair Ridge, the second phase of the giant Clair oil fi
TGS has commenced acquisition of a 3D multi-client survey covering 1,500 km2 between the Finnmark Platform and Nordkapp Basin in the Barents Sea. The 150 km long survey follows the bended strike direction of the inverted margin between the two major structural elements in the region. “We believe the
Petrobras and BG Brasil recently signed a Technical Cooperation Agreement (TCA) at the Petrobras main office building to join forces in developing key technological solutions for overcoming the challenges they both face. The three-year agreement will initially cover well construction and production
China’s biggest offshore oil producer, CNOOC Ltd , has been hit by another oil leak in north Chinese waters, state media reported on Saturda… Source: Reuters [mappress] Source: Reuters, October 16, 2011;
Today, KCA Deutag announced it has been awarded a major contract, by TAQA Bratani, to supply platform drilling and maintenance services to four North Sea drilling platforms (Eider, Tern, North Cormorant and Cormorant Alpha). The primary term of this contract is three years and the award represents n