Cathelco have now won orders to supply seawater pipework anti-fouling systems for all three of the cantilever jack-up rigs operated by KCA Deutag, the international drilling and engineering contractor. Following the successful installation of a Cathelco system on the Ben Avon in the summer of last y
ExxonMobil is looking for investors to divest its stake in Aceh assets to focus in the development of Cepu Field and East Natuna, local … Source: theindonesiatoday [mappress] Source: theindonesiatoday, August 8, 2011;
Songa Offshore SE reports total comprehensive income for the second quarter of 2011 of USD 21.0 million. Operating revenue for the second quarter was USD 125.8 million. This includes mobilization and demobilization revenue of USD 1.9 million. Total expenses for the second quarter were USD 78.2 milli
Clough Limited today announced that it has agreed to sell its offshore Marine Construction Division to SapuraCrest Petroleum Berhad (SapuraCrest), a company listed on the Malaysian stock exchange, for gross proceeds of approximately AUD127m in cash. The companies have entered into a conditional Mast
A leaking tank from a sunken ship has caused an oil slick off India’s western coast, according to a defence ministry statement. Source: BBC [mappress] Source: BBC, August 08, 2011;
After the successful project of constructing the first 90 meter jack-up rig in Vietnam, PV Shipyard announced that it has been appointed by Petrovietnam to build another 90 meter jack-up rig and a new tender barge. Vietsovpetro is the project owner of the second made-in-Vietnam jack-up rig. The proj
Larsen & Toubro Limited (L&T) has bagged two orders worth USD 639 million from UAE. One order is from Abu Dhabi Gas Industries Limited (GASCO) for its Habshan-Ruwais-Shuweihat Gas Pipeline Project. Valued at around USD 189 million, it involves EPC installation & commissioning of 123 KM of the pipeli
Statoil ASA and partners Petoro AS, Det norske oljeselskap ASA and Lundin Norway AS have made a high-impact oil discovery on the Aldous Major South prospect (PL 265) in the North Sea. Well 16/2-8, drilled by the Transocean Leader drilling rig, has identified an approximately 65-metre oil column in J
On July 28, 2011, Harvey Gulf International Marine’s Board of Directors approved the construction of the first United States flagged LNG Offshore Supply Vessels. Harvey Gulf International Marine’s Chairman & CEO Shane J. Guidry stated that this is another example of Harvey Gulf’s commitment to meet
Rial-denominated bonds worth about $5 billion will be issued in near future to finance development of shared oil and gas fields especially South Pars gas field projects, managing director of the National Iranian Oil Company (NIOC), Ahmad Qalebani announced. He reported of absorbing four billion doll
Recently, ConocoPhillips UK has sent a letter granting COSL wholly owned subsidiary company COSL Drilling Europe “CDE” the “Award for Outstanding Suppliers to ConocoPhillips UK Jasmine Project”. Since going into operation for ConocoPhillips UK in Jasmine Oilfield in the UK sea area of the North Sea
Starting of works over new shipbuilding project was marked for Zaliv by complex preparation process. Order, initially placed on SevMorZavod for construction of the vessel for offshore supply of drilling platforms (project 832 CD from design bureau of famous shipbuilding group Havyard International A
Dril-Quip, Inc. today announced net income of $22.2 million, or $0.55 per diluted share, for the three months ended June 30, 2011, versus net income of $28.0 million, or $0.70 per diluted share, for the second quarter of 2010. Total revenues were $137.0 million for the quarter ended June 30, 2011 co
Det norske received Petroleum Safety Authority Norway’s (PSA) concent to drill the Ulvetanna prospect, with exploration well 3/4-2S, yesterday. The prospect is located in block 3/4 in production license 356 in the southern North Sea. The well will be drilled with the jack-up rig Mærsk Guardian. Plan
