Lundin Petroleum AB (Lundin Petroleum) announced that drilling of the exploration well Mindou Marine-1, located offshore in Block Marine XI Congo-Brazzaville, has commenced. The planned depth is approximately 3400 metres below mean sea level and the well will be drilled by using the semi-submersible
ConocoPhillips announced today that it will establish a fund related to the incidents at the Peng Lai 19-3 field in Bohai Bay, China. This fund will be designed to address ConocoPhillips’ responsibilities in accordance with relevant laws of China and to benefit the general environment in Bohai Bay.
DOF Subsea announced that they have taken delivery of Skandi Singapore, hull no 621 from Singapore Technology Marine today. Skandi Singapore is a STX DSV06 Diving Support Vessel design and has the following main particulars: L.O.A: 107,1m L.P.P: 94,7m Breadth mld.: 21,0m Depth Main dk.: 8,5m Design
GE Oil & Gas subsea systems and services have been selected by Ithaca Energy (UK) Ltd. for the Stella oil and gas field development project in the Central North Sea, GE reported today at Offshore Europe 2011. Under a contract of $17 million, GE will supply an integrated package of “S” Series shallow
Cameron today that it has renewed an agreement with Petrobras for the supply of aftermarket services and support for their developments offshore Brazil. This agreement is a continuation to the CAMSERV™ aftermarket services contract previously signed in 2007 and is expected to generate more than $150
Chevron Corporation announced a new oil discovery at the Moccasin prospect in the deepwater U.S. Gulf of Mexico. The Keathley Canyon Block 736 Well No. 1 encountered more than 380 feet of net pay in the Lower Tertiary Wilcox Sands. The well is located approximately 216 miles off the Louisiana coast
Deepwater drilling and performance improvement specialist Exceed is exhibiting for the first time at Offshore Europe’s Deepwater Zone (Stand 6C27) following a record year for the business. The Aberdeen-based company surpassed targets to turn over £5.2million ($8.5million) in 2010/11 and has taken on
Leading international oilfield service company Expro will be showcasing a range of its latest technologies, which enable it to offer the complete package of solutions across the entire well lifecycle, at the Offshore Europe conference and exhibition in Aberdeen, September 6 – 8. Deepwater developmen
DeepFlex, Inc., the world’s only manufacturer of premium all-composite flexible pipe used in challenging subsea oil and gas production environments, announced today that it has closed a significant funding agreement and completed a recapitalization to simplify its capital structure. AEM Capital of R
Following the successful construction and pre-commissioning completion (including pressure testing, cleaning, drying, filling with nitrogen in order to eliminate any oxygen), Nord Stream has moved to a new milestone. On 6 September, Nord Stream will start filling the first line with the so-called bu
Schlumberger announced today at the Offshore Europe 2011 Oil and Gas Conference and Exhibition the release of the FORTRESS* isolation valve. The FORTRESS valve simplifies the transition from upper completion to production without the need for intervention. “The FORTRESS isolation valve was designed
On behalf of its co-venturers BP announces an agreement to invest up to £700 million (USD 1.128 billion) to progress a project to develop the Kinnoull reservoir in the central North Sea. Kinnoull is the largest of three reservoirs that are being developed as part of the Andrew Area developments proj
The Ferguson Group, specialists in the rental of containers, accommodation modules and engineering modules to the offshore energy industry around the world, is expanding its international presence in response to customer demand for its products. Over the coming months, a new base will open in Dubai,
In 2010 Amarcon’s OCTOPUS-DP Capability forecast for efficient offshore DP operations was brought to the market. The OCTOPUS-DP functionality gives offshore vessels the possibility to make optimum use of a safe time window for their weather-sensitive operations. The first installation of the OCTOPUS
