The exploration well targeted the Kiwi prospect in the El Dabaa licence, located in the Mediterranean west of the Nile Delta, with a water depth of around 2,700 metres at the drill site. Extensive logging has been performed in the well, and preliminary results show that the well is dry. The offshore
KONGSBERG has been awarded a contract-series with Korean shipyards worth apprx 280 million NOK for delivery of Dynamic Positioning and Integrated Control Systems to Drilling Vessels. The building of the vessels will take place on several shipyards. KONGSBERG is an international, knowledge-based grou
The Environmental Protection Agency ship that could be found docked at Palafox Pier on and off for the past couple weeks will pull out … By Erin Kourkounis (PNJ) [mappress] Source:, March 28, 2011;
Seadrill has been awarded two new contracts by BHP Billiton Petroleum for Offshore Vigilant in Trinidad and Offshore Resolute in Vietnam. The three well drilling assignment for Offshore Vigilant is expected to take 150 days, and the contract value is approximately US$20 million. The two well assignm
Afren plc (“Afren or “the Company”) announces the appointment of Dr Niall McCormack as Exploration Director and other senior additions to the technical management team. Appointment of Exploration Director Afren announces the appointment of Dr Niall McCormack as Exploration Director, who assumes resp
Siem Offshore Inc. is in discussions to acquire the remaining 50% ownership interest in the shares of Overseas Drilling Ltd (“ODL”) from a subsidiary of Transocean Ltd. for USD 22.5 million. The acquisition will be subject to a definitive purchase agreement. ODL is a debt-free company and owner of t
Nido Petroleum Limited , on behalf of the SC 54B Joint Venture, is pleased to announce the Philippine Department of Energy (DOE) has approved the Gindara-1 Drilling Program. This approval marks another important milestone in the lead up to the drilling of the Gindara-1 Prospect (refer Location Map).
Tullow Oil plc (Tullow) announces that the Teak-2 exploration well in the West Cape Three Points licence offshore Ghana has discovered 27 metres of net hydrocarbon bearing Campanian and Turonian reservoirs. The well was targeting an undrilled fault block between the Jubilee field and the Teak-1 disc
STX OSV Holdings Limited, one of the major global designers and shipbuilders of offshore and specialized vessels, announces that it has secured a new contract for the design and construction of a Platform Supply Vessel with NorSea Group AS. The vessel will be of STX OSV’s own PSV 08 design, and is s
Specialist Subsea Services Ltd (S3), a provider of Remotely Operated Vehicle (ROV) and survey services to the international energy industry, has announced a seven figure acquisition of two new ROV systems to expand its workclass fleet. The acquisition adds to the capacity of S³ to undertake the wide
Shell and KROHNE recently signed an agreement to commercialize a new multiphase flowmeter based on the Magnetic Resonance principle for oil and gas field installations. The agreement comprises the manufacturing, marketing and sales of the new meter which was developed through an R&D collaboration be
Sonde Resources Corp. announced today the release of its financial and operating results for the year ended December 31, 2010. Financial and Operating Highlights In Western Canada, Sonde focused capital activity on its extensive behind-pipe inventory, deploying $4.3 million to complete 12 re-entries
A OGX Petróleo e Gás Participações S.A. (“OGX”) , the Brazilian oil and gas company responsible for the largest private sector exploratory campaign in Brazil, announced that it has identified the presence of hydrocarbons in the Albian- Cenomanian section of well 3-OGX-35D-RJS, an appraisal well of t
ConocoPhillips Skandinavia AS has awarded Prosafe a two-month contract for use of the Safe Scandinavia for accommodation support at the Eldfisk Platform in the Norwegian sector of the North Sea. On site operations are planned to commence in May 2012. Furthermore, reference is made to press release d
