Hyperdynamics Corporation announced today that AGR Peak Well Management Ltd. (AGR) has signed a letter of intent on behalf of Hyperdynamics with Jasper Drilling Pte. Ltd. of Singapore to contract the drill ship Jasper Explorer for exploration drilling in Hyperdynamics’ concession offshore the Republ
UAE-based MIS Group , a diversified engineering and contracting group focused on the energy sector, made the following statement today: “Lamprell plc, a company quoted on the London Stock Exchange, issued the following announcement this morning: Lamprell plc – Possible Offer for Maritime Industrial
Earlier this week the CEO of Ulstein Group, Gunvor Ulstein was in London to receive an award for young prominent leaders. She was awarded the Seatrade Young Person in Shipping 2011 Award in recognition of her exemplary career in the shipping and offshore sector, as a role model for young people cons
Riding on the wave of a resurgent global economy, Sea Asia 2011 is set to open next week (April 12, 2011) as the biggest in the series yet – with every indication that Asia’s shipping community is primed to grab the many opportunities now arising. Sea Asia 2011, which will open for three […]
Electromagnetic Geoservices ASA (EMGS) announces that a major international oil company has joined EMGS and Shell in a joint industry project (JIP) to plan and design the next-generation 3D EM system. “We are delighted that yet another customer with extensive EM experience has joined the JIP,” says
Wood Group has been awarded a three-year framework contract by Statoil to deliver multi-discipline engineering studies for their onshore and offshore facilities worldwide. The contract also includes two, two-year extension options. Studies under the agreement include concept feasibility, concept sel
State-owned Petroleos Mexicanos said Wednesday it plans to invest almost $1 billion over five years to boost heavy and extra-heavy crude … Source: Latin American Herald Tribune [mappress] Source:laht , April 7, 2011;
Det norske has sold a 20 percent interest in production licenses 554 and 554B to Svenska Petroleum Exploration, reducing its interest from 40 to 20 percent. As consideration, Svenska Petroleum Exploration will carry part of the expenses related to the first exploration well to be drilled in either P
The Norwegian Petroleum Directorate (NPD) has granted Wintershall Norge ASA a drilling permit for well 35/12-4 S, cf. Section 8 of the Resource Management Regulations. Well 35/12-4 S will be drilled from the Songa Delta drilling facility at position 61°11’6.79” north and 03°41’29.48” east following
CGGVeritas has inaugurated a new open Processing & Imaging center in Muscat, Oman at a ceremony attended by clients and a delegation from the Omani Ministry of Oil & Gas. The new center complements the company’s activity in the country and offers clients access to the latest processing and imaging t
Maersk Oil has entered a collaborative 4-year research project that aims to increase oil recovery and prolong operations in the Danish North Sea by using biotechnology to create efficient, viable and environmentally safe solutions to the challenges of maturing oil and gas fields. The ‘Biotechnology
Marathon Petroleum Norge AS (Marathon) has received consent to carry out manned underwater operations (MUO) at the Volund and Alvheim fields in 2011. Alvheim Alvheim is an oil and gas field in the northern part of the North Sea, near the UK shelf border. The field has been developed with a productio
Total E&P Norge AS has received consent to conduct exploration drilling of well 7225/3-1 in the Barents Sea with the West Phoenix mobile facility. The well will be drilled in production licence 535, with Total E&P Norge AS (40%) as the operator. The other licensees are Det norske (20%), RockSource (
Ithaca Energy Inc.announces combined sales for the first quarter totalled 314,340 barrels of oil equivalent (“boe”) net to Ithaca. The Company’s sales volumes in Q1 2011 include contributions from the Beatrice and Jacky oil fields and from the Anglia and Topaz gas fields and are summarised as follow