Technip announced today an agreement to acquire the entire share capital of Global Industries and reinforce its leadership in the fast-growing subsea segment of oil services. The two companies have entered into a definitive merger agreement whereby Technip will pay US$8.00 per Global Industries shar
TGS has commenced a new 22,000 km multi-client 2D survey offshore Newfoundland in the Labrador Sea in partnership with PGS. The new seismic data is being acquired by the M/V Sanco Spirit and utilizes the PGS GeoStreamer® technology. Data acquisition will continue through Q3 2011 and the vessel will
Keppel AmFELS LLC, a wholly owned US subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has completed the delivery of its fourth EXL jack-up rig to a subsidiary of Rowan Companies, Inc. (Rowan) with a perfect safety record, four months ahead of schedule and within budget. The jack-up rig was c
China will start “overall and thorough” safety checks on offshore oil exploration and production to eliminate risks in the wake of oil … Source: China Daily [mappress] Source:China Daily, September 11, 2011; https://www.chinadaily.com.cn/usa/china/2011-09/11/content_13666575.htm
At an investor day in New York today, Shell confirmed solid progress in starting up three world-class oil & gas projects in 2011, which at peak will add some 400,000 barrels oil equivalent (boe) for Shell. Shell’s three-year strategic plan, outlined in 2010, is building the foundations for profitabl
OGX Petróleo e Gás, the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, announced that the preliminary license for the Extended Well Test (“EWT”) and production development in Waimea was granted by Ibama (the Brazilian Institute for Environmen
ADX Energy Ltd announces that a Sale and Purchase Agreement has been executed to buy back a further 10% interest in the Lambouka Prospect Area in the Kerkouane Permit from PharmAust Limited and to cancel the option of PAA to purchase an interest in that part of the Lambouka prospect that extends int
PEMEX, a Mexican state-owned petroleum company, announces that it will continue search and rescue operations for 10 Geokenetics’ workers , who went missing after having been evacuated today at 12:30 hours from the jackup structure named “Trinity II” owned by the company . The two vessels sent by Pem
Troms Offshore AS, a private shipping company operating offshore service vessels announced today that MV Troms Pollux started the 1st of September 2011 a long term contract to ENI Norway. The contract period is 4 years firm, with 2 yearly options thereafter. Troms Pollux will support the ENI drillin
The AF Group (AFG) has signed the contract for the “H7 Platform Removal Project”. The contract is signed with Statoil, on behalf of Gassco as operator for Gassled. The agreement covers planning, engineering, removal and demolition of the installation. The contract value is approx. NOK 420 million (U
Kongsberg Maritime Mexico S.A. DE C.V., became fully operational out of its new facility in the city of Veracruz this summer. As an extension to Kongsberg Maritime’s worldwide service network, the new service hub will offer service and support to DP vessels and merchant ships with Kongsberg Maritime
Statoil has signed a contract with North Atlantic Norway to hire the West Hercules rig which can be used for exploration and production drilling internationally and on the Norwegian continental shelf (NCS). Statoil has signed an agreement with North Atlantic Norway Ltd (Norwegian Branch), a company
Otto Marine Limited, , a leading offshore marine company which specialises in building complex offshore support vessels, ship chartering and offers specialised offshore services, announces today that it has secured newbuild orders for two units of 12,000bhp AHTS worth US$38.5 million each from Go Ma
North Star Shipping, a division of the family-owned global shipping and energy services firm – Craig Group, has secured in excess of £20 million in new business and the renewal of existing contracts. The company which provides offshore support vessels to the offshore industry has won a new contract
