OSX Brasil S.A. (“OSX”) , a Brazilian publicly held corporation focused in the supply of equipment and services to the offshore oil and gas industry, through integrated operations in shipbuilding, chartering of exploration and production (E&P) units, and operation and maintenance (O&M) services, inf
The 4th edition of Offshore Energy will again be bigger than previous editions. Based on exhibitor numbers of 2010 (231), the expected number of exhibitors this year is 300. Current developments show that this number of exhibitors is realistic. Even more, based on present numbers, event-orgaziner Na
The Board of Directors of Schlumberger Limited announced today that Andrew Gould, Chairman and Chief Executive Officer of Schlumberger Limited will retire as Chief Executive Officer effective August 1st 2011. Mr. Gould will continue to serve as Chairman of the Board until the annual general meeting
Melrose Resources plc , the oil and gas exploration, development and production company today provides an update on its exploration activities and provides notification of a planned industry analysts’ Exploration Presentation on 4 August 2011. Highlights the Company is pursuing a number of high pote
Diamond Offshore Drilling, Inc. today reported net income for the second quarter of 2011 of $266.6 million, or $1.92 per share on a diluted basis, compared with net income of $224.4 million, or $1.61 per share on a diluted basis, in the same period a year earlier. Revenues in the second quarter of 2
Bumi Armada, a Malaysian-based international offshore services provider, was listed on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Malaysia”) this morning. Malaysia’s largest owner and operator of offshore support vessels (“OSV”) and the eighth largest floating production, storage an
Harvest Natural Resources, Inc. today announced an update to its drilling operations in the Dussafu Ruche Marin-1 (DRM-1) well drilled in the Dussafu Marin PSC, offshore Gabon, West Africa. Harvest operates the Dussafu PSC, holding a 66.667% interest. The DRM-1 well was initially drilled in 380 feet
Aker Solutions has signed a contract with Endeavour Energy UK, a subsidiary of Endeavour International Corporation, to supply subsea umbilicals and associated equipment for the East Rochelle development project located offshore UK. The contract value is approximately NOK 83 million (USD 15 million).
Maersk Drilling and Maersk Training have invested in a state-of-the-art drilling simulator from Drilling Systems (UK) Ltd. The fully immersive drilling simulator will provide a real-life experience and will be customized to incorporate the specific designs of Maersk Drilling’s latest newbuilding ser
Neptune Marine Services Ltd announced the appointment of Colin Napier as Chief Financial Officer, effective 1 August 2011. Mr Napier has been a consultant to Neptune for the past six months redesigning the Company’s Board and management reporting and assisting with financial management systems to en
Polarcus Limited announced that the Company has signed a term sheet for a bank facility of USD 410 million with DnB NOR Bank ASA and DVB Bank SE, Nordic Branch, together with Garanti-instituttet for Eksportkreditt (GIEK) and Eksportfinans ASA (the “Fleet Bank Facility”). The Fleet Bank Facility is o
The audit of emergency preparedness on Åsgard B was carried out in parallel with an audit of employee involvement from 18-20 May 2011. During 18-20 May 2011, the Petroleum Safety Authority Norway (PSA) carried out an audit activity targeting Åsgard B, which is a floating production facility for gas
Leading international classification society Bureau Veritas has slashed the reporting time for a Condition Assessment Programme report from three months to one month, and at the same time improved the accessibility and usability of the report. The dramatic shortening of time for the CAP programme re
Senator Jim Webb today called for the Energy and Natural Resources Committee to incorporate his Virginia Outer Continental Shelf (OCS) Energy Production Act in pending offshore energy legislation this week. “Outer Continental Shelf production has strong support among Virginians and their political l
