Woodside advises that the Martin-1 well in permit WA-404-P has intersected approximately 100 metres of gross gas within the Triassic target. The well reached a total depth of 4778 metres. Wireline logging has confirmed the discovery through the recovery of gas samples to surface and establishment of
Apache Corporation announced that its subsidiary, Apache Deepwater LLC, has agreed to join Marine Well Containment Company (MWCC), a not-for-profit, independent organization committed to being continuously ready to respond to a well control incident in the deepwater Gulf of Mexico. “Apache is commit
The Spanish shipyard METALSHIPS & DOCKS has recently delivered the world’s longest offshore construction vessel, M/V North Sea Giant, to the Norwegian owner North Sea Shipping. M/V North Sea Giant has been designed for long term construction works in the open sea, supporting a crew of 120 people . T
VERIPOS has been awarded a long-term contract by Petrobras for provision of positioning services in support of the Brazilian state-owned company’s BGL-1 pipeline installation barge operations. Under the two-year contract, which includes an option for a further two years, VERIPOS will provide the 122
Repsol has been rated as a “Gold Class” company for the fourth consecutive year, in the “Sustainability Yearbook 2011” complied by PricewaterhouseCoopers together with Sustainable Asset Management (SAM), an independent company that produces the annual assessments for the Dow Jones Sustainability Ind
AHTS Far Scimitar (2008, UT 712 L, 14.688 BHP) and AHTS Far Sky (1991, ME 303 mkII, 13.382 BHP) have both been awarded a 14 month firm contract by Apache Energy to support drilling operations offshore Western Australia. The charters will commence in March and include an option on each vessel for fur
Exxon Mobil Corporation said today it would donate $1 million to the Japanese Red Cross Society to provide disaster relief assistance in response to the recent earthquake and tsunami in Japan. The company has also implemented a worldwide program to match employee, retiree, dealer and distributor don
Vantage Drilling Company reports a net loss of $13.0 million or $0.05 per diluted share for the three months ended December 31, 2010 as compared to net loss of $4.3 million or ($0.02) per diluted share for the three months ended December 31, 2009. Net loss for the fiscal year ended December 31, 2010
The specialist for propulsion and power solutions Tognum decided at the meeting of the Supervisory Board on 14 March 2011, that Dieter Royal (47) will join the Executive Board as the new member responsible for the Finance and Corporate Services Division effective 1 October 2011. Dieter Royal succeed
Aminex announces that it has signed a rental contract for use of the Caroil-6 drill rig at Nyuni Island, offshore Tanzania. The Caroil-6 will be used to drill the Nyuni-2 well, targeting a large Neocomian-age gas prospect, and the rig will be mobilised to Nyuni Island within 60 days. Nyuni-1 was dri
Havila Shipping ASA has successfully completed the issuance of a new NOK 600 million secured bond. Final maturity date is in March 2017. The bond will be sought listed on the Oslo Stock Exchange. The net proceeds from the bond issue will be directed towards long term financing of the vessel Havila S
Neptune Marine Services Limited announces the Chief Executive Officer of MTQ Corporation Ltd (MTQ), Mr Boon Wee Kuah, has joined the Neptune Board of Directors. Earlier this month, the Singapore-based company became a key cornerstone investor in Neptune. Neptune’s Chairman, Ross Kennan, said Mr Kuah
Tap Oil Limited provides the following update on the Zola-1 exploration well, offshore Carnarvon Basin, Western Australia. Location / Proposed Depth The Zola-1 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 b
Bourbon announces that despite challenging conditions, the resilience shown by a 2010 EBITDA of 240.9 million euros, validates the pertinence of BOURBON’s strategy Net income, group share of 39.2 million euros “”The 2010 results obtained, despite an unusually sluggish market, illustrate the merits o
