On 20 April 2011, STX Finland Oy and Saipem S.p.A signed a contract on major overhaul and maintenance of the semisubmersible pipelay vessel Castoro Sei. The work on the ship, providing employment for as many as about 1,000 people, will be completed by STX’s Turku shipyard. The Castoro Sei is a 152 m
The Board of Directors of Sembcorp Marine announces the retirement of Mr Tan Pheng Hock as a Director, Chairman of Nominating Committee and a member of Executive Resource and Compensation Committee. Mr Tan Kwi Kin has also decided to retire as a Director of the Board. Mr Tan Pheng Hock, appointed
Today is the first anniversary of the Deepwater Horizon rig explosion in the Gulf of Mexico that caused the largest accidental marine oil spill in the history of offshore oil&gas industry. The Deepwater Horizon was a 9-year-old semi-submersible mobile offshore drilling unit, a massive floating, dyna
Hundreds of people throughout New Zealand have turned out to protest against oil exploration off East Cape. ©Radio New Zealand [mappress] Source: Radio New Zealand, April 20, 2011;
Tap Oil Limited provides the following update on the Zola-1 exploration well, offshore Carnarvon Basin, Western Australia. The Zola-1/Zola-1 ST1 well is located in permit WA-290-P, immediately south of the giant Gorgon gas field in the Carnarvon Basin, Western Australia. The well is being drilled
Following the announcement made on 21 December 2010 that the Chief Financial Officer of Lamprell plc would step down by the end of this year, the Company confirms that it has agreed terms for the appointment of Jonathan Cooper as Chief Financial Officer. It is anticipated that Jonathan will join the
IFS, the global enterprise applications company, launches its Center of Excellence for the Oil & Gas industry. The Center will be based in Norway. Founded on IFS’s successful track record delivering project-based industry solutions to mid-size and large companies within the oil & gas industry, the c
Fairstar Heavy Transport N.V. (FAIR) attended the keel laying ceremony of the 50,000DWT semi-submersible vessel FORTE at the GSI facility in Qidong, China. Senior executives from Guangzhou Shipbuilding International (GSI), Det Norske Veritas (DNV) and Fairstar witnessed the first block being lowered
An Oceaneering® Millennium® Plus work class Remotely Operated Vehicle (ROV) has set an ROV ultra deepwater drill support depth record offshore India while working at 3107m (10,194 ft) water depths. Millennium 77 has supported drilling operations on the Dhirubhai Deepwater KG2 for Reliance Industries
FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, has conditionally placed 45.7 million new ordinary shares of 0.002 pence in the capital of the Company at a price of 70 pence per share to raise £32 million before expenses
Petrobras commenced the Extended Well Test (EWT) in the Campos basin’s pre-salt Brava Area, in the Marlin Field Production Concession, 170 km off the coast of Macaé, in Rio de Janeiro. The EWT is expected to last two years, with daily output of 6,000 barrels of oil, and is running on well 6-MRL-199-
The Gazprom Board of Directors adopted the updated Program for hydrocarbon resources development on the Russian Federation shelf until 2030. The Company’s Management Committee was tasked to continue the activity on the Russian continental shelf development and render a performance report for the Boa
Aker Solutions has signed two contracts with Daewoo Shipbuilding & Marine Engineering (DSME) for the delivery of complete drilling equipment packages for two new deepwater drillships. The contracts have a total value of about $230 million. The drilling equipment and systems will be installed on the
Antrim Energy Inc., an international oil and gas exploration and production company, has contracted the survey vessel Kommander Jack and has commenced work to obtain site surveys in preparation for the 2011 UK North Sea drilling program. Surveys will be obtained over the West Teal, Carra and Erne
