India’s largest state-run oil explorer Oil and Natural Gas Corp plans to invest $7.7 billion in developing one of India’s biggest gas … Yahoo! News [mappress] Source: yahoo.news, June 21, 2011;
Australia’s growing international profile as an energy producer could attract undesirable attention and make offshore oil and gas … By Herald Sun [mappress] Source:Herald Sun , June 21, 2011;
International oilfield services company Expro has announced a major new investment programme that will reinforce the company’s leading position as a supplier of innovative technology and specialist services to the upstream oil and gas sector. The programme includes expanding Expro’s established flee
The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum AS a drilling permit for well 16/7-10, cf. Section 8 of the Resource Management Regulations. Well 16/7-10 will be drilled by the drilling facility Ocean Vanguard at position 58º 29’ 56.56” N, 02º 01’ 31.42 ”E, following completi
Tore Ulstein has taken on the position as Chairman of the Board for Ulstein Group ASA. Tore Ulstein has taken on the position as Chairman of the Board for Ulstein Group ASA. Idar Ulstein will continue as board member. Ingerid Ulstein takes on the position as deputy Chairman. Other members of the boa
Norske Shell AS is extending its use of AGR’s deepwater excavation technology and expertise on the Ormen Lange field. Originally, a £9m (NOK84m) deal announced in February between the Aberdeen-based Excavation & Trenching arm of AGR Drilling Services and Norske Shell was to last until June 2, 2011.
Seadrill has entered into an agreement to sell the 1985 built jack-up drilling rig West Janus to Harrington LLC in Dubai for a total consideration of US$73 million. Seadrill expects to record a gain on the sale in excess of US$50 million on closing. Closing of the agreement and the transfer of owner
All three sections of the first of Nord Stream’s twin 1,224 kilometre natural gas pipelines have now been joined together underwater by hyperbaric tie-ins. The completed pipeline through the Baltic Sea will now be prepared for connection to the landfalls in Russia and Germany later in the summer. Th
Miclyn Express Offshore Limited (“MIO”) announces the formation of a new business, Express Offshore Solutions (“EOS”) that will service the project and pipe transportation segment in Asia, Middle East and Australia. This segment presents an attractive extension of MIO’s existing business activities,
Alexey Miller, Chairman of the Gazprom Management Committee and Robert Dudley, Group Chief Executive of British Petroleum (BP) held a working meeting as part of the St. Petersburg International Economic Forum 2011. The parties considered the global energy market trends in Europe and Asia paying spec
INPEX CORPORATION (“INPEX”) announces that through its wholly owned subsidiary, INPEX South Makassar, Ltd. the final investment decision was made for the Ruby gas field in the Sebuku Block (the “Block”). Upon this decision, development activities will start towards the commencement of gas production
Sikorsky Aircraft Corp. announced today at the Paris Air Show that China Southern Airlines Company’s Zhuhai Helicopter Branch has contracted for a S-76C++™ and two S-92® helicopters to support the company’s offshore oil customers operating in the South China Sea. Sikorsky is a subsidiary of United T
BP today announced that it has reached agreement with Weatherford U.S., L.P. (“Weatherford”) to settle potential claims between the companies related to the Deepwater Horizon accident. BP and Weatherford have agreed to mutual releases of potential claims against each other, and BP has agreed to inde
OGX Petróleo e Gás Participações S.A., the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, today announced the conclusion of drilling at the horizontal well OGX-9-44HP-RJS (“Waikiki Horizontal”) and through a drill-stem test (DST), the identif
