The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today released the findings of its investigation into a fire that occurred Sept. 2, 2010, on Mariner Energy Inc.’s, Vermilion 380 A oil and natural gas production platform located approximately 102 miles off the coast of Loui
Marathon Petroleum Norge AS, a wholly-owned subsidiary of Marathon Oil Corporation , has signed an agreement with RWE Dea Norge AS to acquire a 30 percent working interest in production licence (PL) 330 in the northern Norwegian Sea. “This transaction is part of our ongoing efforts to ensure Maratho
Aker Solutions has won two similar contracts, together worth approx. 120 million NOK, from CQG Oil & Gas Contractors Inc. and CCI Oil & Gas Contractors Inc., for the supply of Pusnes offloading systems(TM) to two FPSOs in the Brazilian market. The offloading systems will be installed on the two FPSO
Nido Petroleum Limited , on behalf of the SC 54B Joint Venture, announced that at 06:00hrs (WST) on 26 May 2011, the 17 ½” hole in the Gindara-1 exploration well in SC 54B had been drilled to 1,380 metres MD (1,358 metres TVDss) and the current operation is preparing to set the 13 3/8” casing [&hell
The newly established company SWORC A/S has signed with Tuco ApS, to begin construction of the first of its special purpose shallow water oil recovery vessels aptly dubbed SWORC (Shallow Water Oil Recovery Catamaran). This 6m catamaran boasts several unique features enabling it to operate effectivel
ULSTEIN’s stand at Nor-Shipping has been bustling since the exhibition opened in Oslo on Tuesday this week. On the first day of the exhibition, ULSTEIN launched a new App for iPad containing material from publications, films from naming ceremonies and tank tests, as well product sheets. The App can
Statoil and Petrobras signed a letter of intent (LOI) today, 25 May, to expand the cooperation between the companies within exploration, and to assess how the two companies can benefit from operational synergies. The agreement focuses on two key initiatives, including the possible joint acquisition
Subsea services group Acteon has acquired Aberdeen-based NCS Survey Limited. The acquisition adds to Acteon’s capability in the rig-positioning market and provides an additional suite of survey services to clients that operate rigs and vessels. NCS Survey provides high-precision rig-positioning, con
“Deepwater oil and gas discoveries generate a new deep offshore maritime services market”. Here is the key message Christian Lefèvre, CEO of BOURBON, delivered during the third Deepwater Asia Congress 2011. A premier annual deepwater event in Asia, this conference took place between the 17th and the
Coastal Energy Company announces the successful results of the Bua Ban North B-05 exploration well. The Bua Ban North B-05 well was drilled to 7,600 feet TVD and encountered 178 feet of net pay in the Miocene objective with average porosity of 27%. The B-05 is currently being cased and will then be
MTU do Brasil, a wholly-owned Tognum Group subsidiary in South America, has been awarded a contract to supply 16 generator sets for eight floating production storage and offloading (FPSO) vessels. The contract value is in the low double-digit million US dollar range. The Brazilian oil and gas produc
Repsol has been awarded the “Equality in the workplace” emblem by the Ministry of Health, Social Policy and Equality, in recognition of the outstanding equal treatment and opportunities policy the company implements with its employees. It is a mark of excellence in equality which aims to serve as an
Operating profit for the first quarter came to USD 14.1 million (USD 40 million). Utilisation of the rigs declined to 61 per cent (73 per cent). Safe Esbjerg, Safe Lancia, Jasminia, Safe Hibernia, Safe Britannia and Safe Regency have been fully utilised in the first quarter. MSV Regalia operated for
DOF Subsea UK, a subsidiary of DOF Subsea, has secured a decommissioning contract with HESS in the Ivanhoe/Rob Roy Field, North Sea. The project will last for approximately 21 days and is scheduled to start in Q3 2011. The Ivanhoe and Rob Roy fields are located approximately 120miles northeast of Ab