At the inaugural OTC Brazil event, Caterpillar is emphasizing its commitment to this important market – one of the world’s busiest in terms offshore exploratory projects. In the last five years, some of the largest offshore discoveries of both oil and natural gas reserves have been made off the coas
The Bureau of Ocean Energy Management (BOEM) today announced that the Department of the Interior has met a U.S. District Court of Alaska deadline to file the Record of Decision (ROD) regarding a 2008 federal oil and natural gas lease sale in the Chukchi Sea offshore Alaska. Today’s decision affirms
Jurong Shipyard, a wholly-owned subsidiary of Sembcorp Marine, has secured an approximately S$130 million project to convert the Very Large Crude Carrier (VLCC) tanker, the MV “TAR II” (ex STAR II), to a Floating Production Storage and Offloading (FPSO) vessel for MODEC. This conversion project invo
Heritage Oil Plc , an independent upstream exploration and production company announces that a wholly owned subsidiary has acquired a controlling 51% interest in Sahara Oil Services Holdings Limited (“SOSH”) which holds the necessary long term permits and licences to provide oil field services in Li
The challenges faced by the offshore maritime industry in recruiting and retaining qualified operators to safeguard standards within the Dynamic Positioning (DP) vessel sector was discussed during one of the Middle East Workboats conference sessions, taking place at the Abu Dhabi National Exhibition
In the 1st Indonesian International Bid Round 2011, Eni, as part of a consortium including Niko Resources Ltd., Black Platinum Energy Ltd, Statoil ASA and GDF SUEZ has been awarded the North Ganal Block, located offshore East Kalimantan, Indonesia. Eni will be the operator of the new PSC (Production
On September 29th Ocean Rig took delivery of its fourth drill ship, Ocean Rig Mykonos. The drill ship is currently mobilizing for operations in Brazil for Petrobras. The naming ceremony of Ocean Rig Mykonos took place at the Samsung Heavy Industries shipyard in Korea on July 8th. Ocean Rig owns and
Coastal Energy Company announces the successful results of the Bua Ban North A-07 appraisal well. The Bua Ban North A-07 well was drilled to a depth of 3,750 feet TVD on the eastern flank of the Bua Ban North A field 1.3 miles south of the A-05 discovery well. The A-07 encountered 48 feet of [&helli
MEO Australia Limited has been advised by Eni Australia Ltd (“Eni”) as Operator of the NT/P68 Joint Venture, that a contract has been awarded to ENSCO Australia Pty Limited (“Ensco”) under which Ensco will provide the jack-up drilling rig “ENSCO 109” and associated services in 2012 to support the He
SBM Offshore has received an extension of two years for the operating contract of the FPSO Serpentina from ExxonMobil in Equatorial Guinea, with options to extend for a further three years. FPSO Serpentina was the second generic FPSO that Keppel Shipyard converted for SBM, following the completion o
The National Energy Authority of Iceland (NEA), yesterday, announced the second Licensing Round for hydrocarbon exploration and production licences on the Icelandic Continental Shelf. The offer will be open from October 3, 2011 until April 2, 2011. The blocks on offer in the Second Licensing Round a
Gulf Offshore Norge, a subsidiary of Gulfmark Offshore, Inc. has ordered a new PSV of Skipsteknisk design, from SIMEK in Flekkefjord Norway. The vessel designated ST-216 Arctic, is based on the very successful ST-216L CD design, and will have new modified bow shape and a new improved tank configurat
Songa Offshore, Cyprus-based offshore drilling company, provides fleet update for September 2011. Songa Venus continues with maintenance and operational preparedness for the upcoming contract with Petronas in Malaysia. Mobilization and contractual start up is expected to commence on October 15. Son
GulfMark Offshore, Inc. today announced the addition of three vessels to the vessel construction program it announced in August. The construction program is designed to provide the company with vessels of the right size and with the right capabilities to match the emerging long-term requirements of
