The regular meeting of the Board of Directors of the Shtokman Development AG (SDAG) was held in Lucerne (Switzerland) on June 23, 2011. The Board of Directors made note of the good progress in activities on offshore and onshore facilities in preparation for the Final Investment Decision planned by t
Locals will join hands on two area beaches Saturday as part of an international protest against offshore drilling. Hands Across the Sand… By Joey Cresta (Seacoastonline) [mappress] Source:Seacoastonline , June 24, 2011;
The Board of Mediterranean Oil & Gas Plc , the central Mediterranean focused producer, developer and explorer of oil and gas assets, announced today that Phoenicia Energy Company Limited (“PEL”), a wholly owned subsidiary of MOG, has entered into an Execution Agreement (“Execution Agreement”) with D
Hallin Marine, a Superior Energy Services company, announces the award of its latest subsea pipeline repair project off the African west coast. Working on behalf of a major oil company, Hallin is providing overall project management and engineering, the subsea operations vessel (SOV) Ullswater, repa
Since 1989, offshore installations in the English sector of the North Sea have been required by law to install Emergency Shutdown (ESD) valves to isolate the installations from oil and gas pipelines. A Bettis™ valve actuator − specially designed by Emerson Process Management − installed at that time
Aberdeen-based Hallin Marine, a Superior Energy Services company, in cooperation with UTEC has successfully provided offshore pipelay and platform installation support to Global Industries at the Al-Jalila Field, offshore Dubai. With overseas divisions in Australia, Canada, Singapore, Brazil, and th
Aker Drilling, through its subsidiary Aker Drilling Offshore Services Public Ltd., has agreed with Daewoo Shipbuilding and Marine Engineering Co. Ltd. an extension to the time limit for declaring its first optional drillship from end of June 2011 to the end of October 2011. The terms of the options
Pacific Drilling S.A. announced today that one of its subsidiaries has reached an agreement with Samsung Heavy Industries to extend until October 31, 2011 an option to construct a seventh ultra-deepwater drillship. With its best-in-class drillships and highly experienced team, Pacific Drilling is a
In response to a request from Secretary of the Interior Ken Salazar, the U.S. Geological Survey today released the ‘science gap and sufficiency’ report evaluating science needed to better inform decisions regarding oil and natural gas exploration and development in the Beaufort and Chukchi Seas off
Aberdeen-based Ecosse Subsea Systems announced that it has scored a hat-trick of finalist’s positions in two awards schemes. The company is a finalist in the Wood Group Award for Innovation category of the annual Grampian Awards for Business Enterprise. The winner of the accolade will be announced a
Husky Energy Inc. announced today that it will raise approximately $1.2 billion offering of common shares by way of a bought deal (the “Public Offering”) and a concurrent private placement of common shares (the “Private Placement”) to its principal shareholders, L.F. Investments (Barbados) Limited,
Sonde Resources Corp. announced today that it will receive a total of US$97.0 million from the sale of Sonde’s 25% interest in Block 5(c), located off the east coast of Trinidad and Tobago. Sonde sold the interest for US$87.5 million and received cash consideration of US$75.5 million plus purchase p
Russian legislation should be adjusted to allow LUKoil to team up with Rosneft on offshore oil projects, LUKoil head Vagit Alekperov said… Rianovosti [mappress] Source:Rianovosti , June 23, 2011;
Deep Sea Supply today took delivery of “Sea Badger”, a newbuilding AHTS from ABG Shipyard, India. “Sea Badger” is the 7th delivery in a series of 9 newbuilding AHTS vessels from ABG. The Deep Sea Supply fleet now consists of 13 AHTS and 8 PSVs, in total 21 vessels. In addition to this, Deep Sea [&he
