The Bua Ban North A-02 exploration well was drilled to a depth of 8,100 feet into an upthrown fault block adjacent to the recent discovery in the Bua Ban North A-01 well. The A-02 well encountered 205 feet of net sand in the Eocene interval with 16% average porosity. The Eocene interval in the A-02
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) approved a fourth deepwater drilling permit that complies with rigorous new safety standards implemented in the wake of the Deepwater Horizon explosion and resulting oil spill. This includes satisfying the requirement to demo
OceanWorks announces the formation of a mutually supportive relationship with Velocious Australia Pty. Ltd. The formal agreement allows both companies to expand capabilities and resources through the global sharing of experience and complimentary opportunities, with both companies already enjoying f
AVEVA , a leader in engineering design and information management solutions for the plant, power and marine industries, today announced a significant new contract win with Hyundai Heavy Industries (HHI), further increasing its investment in AVEVA solutions. HHI has fully utilised AVEVA solutions sin
The Norwegian Petroleum Directorate has granted Total E&P Norge AS a drilling permit for well 7225/3-1, cf. Section 8 of the Resource Management Regulations. Well 7225/3-1 will be drilled from the West Phoenix drilling facility at position 72o 54´ 58.35″ north and 25o 52´ 02.70″ east. The drilling p
Schilling Robotics, LLC, experts in subsea systems, announced today the agreement of the lease of a new 15,000ft2 (1,393m2) building at Kirkhill Commercial Park in Aberdeen, Scotland. This investment reinforces Schilling’s sales and service centre expansion for their regional customers. Schilling Ro
Aker Solutions has been awarded a contract by ConocoPhillips, for modification work on the Eldfisk field. Contract value is approximately NOK 1, 3 billion. The work scope comprises modifications of all the existing platforms; Eldfisk 2/7 A, Eldfisk 2/7 FTP, Eldfisk 2/7 B and Embla, as a consequence
Global Industries, Ltd. announced today that it has been awarded a project from LLOG Deepwater Development Company, L.L.C. for the installation of a deepwater subsea development in the Gulf of Mexico. The project, which will take place in Blocks MC 503/547, is located in 3,000 FSW and is scheduled t
Oil and gas well performance and downhole tool specialist, READ Well Services, has divided its operations in to two sister companies and appointed an additional chief executive officer. READ Expandables Ltd will focus on developing the company’s expandable well integrity and downhole isolation produ
Leading international oilfield services company Expro has secured a £1.5million contract with an international oil and gas operator in its Europe CIS region. The year-long contract will involve well testing with cased hole logging work and has been secured mainly in the Southern North Sea. The contr
BG Group today announced that Lord Sharman will be retiring from the Board at the conclusion of the Company’s Annual General Meeting to be held on 12 May 2011. Commenting, BG Group’s Chairman, Sir Robert Wilson said: “I would like to express the Board’s thanks and appreciation for Lord Sharman’s sup
Qatar Petroleum and Shell today announced the first flow of dedicated offshore gas into the Pearl GTL plant located in Ras Laffan Industrial City in the State of Qatar. Shell, which is the operator of the Pearl GTL plant developed under a Production and Sharing Agreement with QP, has opened natural
CNOOC Limited today announced its annual results for the 12 months ended December 31, 2010. In 2010, the Company’s net production reached 328.8 million barrels of oil equivalent (BOE), up 44.4% year-over-year (“yoy”), representing the highest production growth in its history. The record production g
The Board of Directors took notice of the information on the elaboration of the Gazprom Innovative Development Program until 2020. The Company’s Management Committee was tasked to submit the draft Program to the Board of Directors for approval in June 2011. The meeting participants noted a high leve
