Hyundai Heavy Industries, the world’s biggest shipyard, today clinched a USD 530 million order to build new deepwater drillships for Noble Drilling Holding, a leading offshore drilling contractor for the oil and gas industry. The order is the second of two options Noble Drilling Holding exercised fr
Coastal Energy Company announces the successful results of the Bua Ban North A-06 well and provides an operations update. The Bua Ban North A-06 well was drilled to a total depth of 5,950 feet TVD. The well encountered 63 feet of net pay in the Miocene with average porosity of 28 percent. The A-06 w
Turkish Prime Minister Tayyip Erdogan described offshore gas drilling by estranged ally Israel and Cyprus as “madness” on Wednesday, raising… By Jonathon Burch (Reuters) [mappress] Source:Reuters ,September 21, 2011;
BGP announced the launching of a brand new 3D, 12 streamer seismic vessel, R/V BGP Prospector, at SEKWANG HEAVY INDUSTRY in Korea on 2 September 2011. This vessel is built specifically for the high-end 3D marine seismic market with towing capacity of 12 streamers each at 8,000m long with 100m stream
Fairstar Heavy Transport N.V. (FAIR) reports the 50,000 DWT semi-submersible vessel FORTE was floated away from the flooded dry-dock facility in Qidong, China on schedule, September 18th 2011. Willem Out, Chief Operating Officer of Fairstar, reported from Qidong “the FORTE was a magnificent sight as
ABB in the UK has won an order from Transocean Nigeria to conduct a major service of the electrical generation sets on its 46,000 ton drillship GSF Jack Ryan. Stephen Colman, ABB’s Account Manager for Marine and Cranes, says: “We have a strong relationship with Transocean and conducted an electrical
Indonesia’s oil and gas regulator BPMigas said on Wednesday Italian energy firm ENI’s gas project in Jangkrik Block, in the Muara Bakau… Reporting by Andjarsari Paramaditha; Editing by Ramthan Hussain (Reuters) [mappress] Source:Reuters ,September 21, 2011;
During the 2010 BP/Deepwater Horizon Gulf oil spill, an estimated one of every 20 barrels of spilled oil was deliberately burned off to reduce the size of surface oil slicks and minimize impacts of oil on sensitive shoreline ecosystems and marine life. In response to the spill, NOAA quickly redirect
Hyperdynamics Corporation today announced the signing of a 3D acquisition and processing contract with CGGVeritas to cover an area of approximately 4,000 square kilometers in its exploration block offshore Guinea. The value of the contract is approximately US $29.0 million gross. The survey is expec
ABB, the leading power and automation technology group, recently won an order to provide power supply infrastructure, systems and equipment for two new floating, production, storage and offloading (FPSO) units operated by Petrobras. The units will process crude oil and natural gas extracted from ben
The work of the ground-breaking Oil Spill Prevention and Response Advisory Group (OSPRAG) concludes with the launch of its final report at a one-day conference in Aberdeen today (21 September). A total of 250 delegates are expected to attend the OSPRAG Summit on oil spill prevention and response in
Apache Corporation said today that its subsidiary Apache North Sea Limited has agreed to acquire Exxon Mobil Corporation’s Mobil North Sea LLC assets — including the Beryl field and related properties — for $1.75 billion . The fields have current net production of approximately 19,000 barrels of oil
Aubin, a leading independent supplier of specialist chemicals to the energy industry, has invested in new equipment and international expansion following the launch of ground-breaking products. The company develops, manufactures and supplies novel chemical solutions to the conventional and renewable
WGP Exploration Ltd announced that it had started the third Life of Field Seismic (LoFS) survey over the Valhall field in the North Sea. The survey was mobilised on August 23rd and is now nearing completion. In 2003 Life of Field Seismic was permanently installed with 120kms of Ocean Bottom Cable ov
