Keppel FELS Limited has secured a repeat order from Transocean Offshore Deepwater Holdings Ltd, a subsidiary of Transocean Ltd. for US$195 million. Following its order of two jack-up rigs from Keppel FELS on 17 February 2011, Transocean is exercising its option to build another high specification ja
Brazil’s state-controlled oil company Petrobras has postponed a costly plan to install a floating LNG platform in the Santos basin’s … Source: argusmedia [mappress] Source: argusmedia, August 5, 2011;
Yesterdayday in Khabarovsk, Alexander Ananenkov, Deputy Chairman of the Gazprom Management Committee moderated a meeting dedicated to building up the Company’s resource base in the Far East. The meeting participants were informed that the Kolskaya jack-up floating drilling rig made in Russia had bee
KCA DEUTAG announced it has acquired Global Tender Barges Pte Ltd (GTB) by increasing its shareholding from 10 to 100%. GTB based in Singapore owns three self-erect tender barges, the Global Emerald, Global Jade and Global Sapphire, which KCA DEUTAG has operated on behalf of GTB, since early 2008, u
Tidewater Inc. announced today first quarter net earnings for the period ended June 30, 2011, of $24.6 million, or $0.48 per share, on revenues of $254.6 million. For the same quarter last year, net earnings were $39.8 million, or $0.77 per share, on revenues of $262.5 million. The immediately prece
Belmont-based subsea engineering and remote technology firm Velocious has won a contract for specialist subsea work on Chevron’s $43 … Source: wabusinessnews [mappress] Source: wabusinessnews, August 5, 2011;
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today issued conditional approval for a revised Exploration Plan (EP) submitted by Shell Offshore Inc. (Shell). The plan outlines Shell’s proposal to drill up to four shallow water exploration wells in Alaska’s Beaufort Sea b
Transocean Ltd. announced today that Rob Shaw has been appointed to serve as Vice President, Controller and Principal Accounting Officer, effective December 1, 2011. Until Mr. Shaw assumes this position, Robert L. Herrin, Jr. will serve as interim Vice President and Controller and Ricardo H. Rosa, t
DryShips Inc., a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, announced today that its Board of Directors has approved the partial spin-off of its interest in the Company’s majority-owned subsidiary Ocean Rig UDW In
McDermott International, Inc., announced today that one of its subsidiaries has been awarded a fabrication contract by Shell Offshore Inc., for the West Delta 143 “C” deck, jacket, piles, and bridge located in 370 feet of water in the Gulf of Mexico. The contract will be included in McDermott’s thir
Apache Corporation reported production of 749,000 barrels of oil equivalent (boe) per day and earnings of $1.2 billion, or $3.17 per diluted share, for the three-month period ending June 30, 2011. These compare with production of 647,000 boe per day and net income of $860 million, or $2.53 per dilut
Sources inform ”Globes” that Apache Corporation is considering entering Israel’s oil and gas exploration sector. Company executives … Source: Globes [mappress] Source: Globes, August 4, 2011;
Hornbeck Offshore Services, Inc. announced today results for the second quarter ended June 30, 2011. Following are highlights for this period and the Company’s future outlook: Previously announced 2.25-year contract for one 370 class MPSV in the GoM to begin during 3Q2011 Recently awarded a three-ye
SeaBird Exploration PLC provided a contract update regarding its business activities as set out below. Immediately following completion of the Rosebank second stage survey for Chevron North Sea Limited and Partners expected mid August, a contract has been signed for the Hugin Explorer and Munin Expl
