International energy consultancy Xodus Group today joined forces with Nigerian company Mos Baker to launch a brand new operation in Lagos called XMOS. XMOS brings integrated field development and front end services to the African oil and gas markets with an initial focus on three divisions, process
Leiv Eiriksson lies in anchorage on the outskirts of Istanbul, just a stone’s throw from the Besiktas Shipyard dry dock. Three engineers from Inocean are on board, working systematically on the rig, measuring the weight and placement of all the equipment. The weight control is part of the 10-year cl
Songa Offshore SE (“Songa”), Cyprus-based offshore drilling company, reports total comprehensive income for the first quarter of 2011 of USD 25.1 million. Operating revenue for the first quarter was USD 140.7 million. This includes mobilization and demobilization revenue of USD 1.0 million. Total ex
DOFCON, a subsidiary of DOF Subsea AS, has entered into a Sales and Purchase Agreement with the Court of Session, Edinburgh, Scotland, in respect of the vessel MV “SARAH”. The Vessel has been subject to a forced sale initiated by its mortgagees. The Vessel was delivered to its current owners in Dece
Statoil Petroleum AS, operator of production licence 312, is in the process of completing the drilling of wildcat well 6407/3-1 S. The well was drilled about 5 kilometres north of the Mikkel field in the Norwegian Sea. The primary exploration target for the well was to prove petroleum in Middle Jura
OceanWorks International and Harris Corporation have signed a strategic alliance agreement to jointly pursue opportunities related to cabled ocean observing, subsea networking, and subsea power distribution equipment and services. OceanWorks and Harris CapRock Communications have developed a modular
Antrim Energy Inc. , an international oil and gas exploration and production company, announces that the Fyne Field joint venture (Antrim 35.1%), is presently acquiring site survey data and has signed a rig contract to drill the East Fyne appraisal/development well in Block 21/28a, UK Central North
International energy company Statoil has signed a two year, NOK66m contract for the Riserless Mud Recovery system (RMR®) from AGR Drilling Services. The deal is for rigs on the Norwegian Continental Shelf. It also includes two optional extension periods of two years each which, if taken, will bring
Oilex Ltd advises that the “Ocean Patriot” rig has arrived at the La Rocca-1 well location and the well was spudded at 3:20 hours (WST) on 30 April 2011. La Rocca-1 is planned to take approximately 41 days days from spud to reach a final total depth of approximately 5,100 metres. Permit The WA-388-P
Vantage Drilling Company reports a net loss of ($18.7) million or ($0.06) per diluted share for the three months ended March 31, 2011 as compared to a net loss of ($13.0) million or ($.05) per diluted share in the fourth quarter of 2010 and net income of $6.0 million or $0.03 per diluted share [&hel
Technip was awarded by Statoil a contract, worth approximately €55 million (USD 79.19 million) , for the Vigdis NE field development located in the Norwegian Sea at a water depth of 220 – 310 meters. This contract covers: * welding and installation of flowlines*, including a 1.5 kilometer pipe-in-pi
The arbitral panel has on Friday issued a consent order permitting BP and the Alfa-Access-Renova (AAR) consortium to assign the Arctic opportunity to TNK-BP, subject to Rosneft consent. The order also permits the proposed share swap between BP and Rosneft to proceed subject to Rosneft having consent
ATWOOD OCEANICS, INC., a Houston-based international offshore drilling contractor, announced that one of its subsidiaries has been awarded a one well contract by BHP Billiton Petroleum PTY LTD, with an estimated duration of 45 days in a water depth of 600 feet. The day rate for this contract for the
READ ASA has been awarded an Electrical Wireline (EWL) frame contract – Borehole Seismic services by Statoil for their exploration and production drilling operations on the Norwegian Continental Shelf (NCS) and internationally. It’s a long term contract with several extension options. READ has as a