Tullow Oil plc (Tullow), the independent oil and gas exploration and production group, announces its results for the year ended 31 December 2010. Results summary In 2010, Tullow demonstrated continued exploration and appraisal success and delivered first production from the Jubilee development in re
PTTEP Australasia has engaged AGR Field Operations’ Subsea Division for expert engineering, project management and support services for the subsea well abandonment of the subsea facilities for Challis and Jabiru fields in the Timor Sea, Australia. AGR personnel will work on the project in the Perth
GE announces that another significant milestone has been reached in its strategic acquisition of Wellstream Holdings PLC. This morning, Wellstream announced that the listing of its ordinary shares (“Wellstream’s Shares”) on the Official List had been cancelled and Wellstream’s shares ceased to be ad
Plexus Holdings plc, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® method of wellhead engineering, has signed an agreement with Statoil Petroleum AS (‘Statoil’), a leading world-wide energy company, to supply its proprietary POS-GRIP High Pressure/ H
Saratoga Resources, Inc. today issued a summary report on the findings of the Energy Roundtable held at the Windsor Court Hotel in New Orleans, Louisiana, on February 2, 2011. The roundtable addressed energy policy initiatives to promote growth in South Louisiana, the Transition Zone, and the shallo
Ithaca Energy Inc. announces today that the Energy Enhancer jack-up drilling unit has commenced drilling a second production well on the Jacky field. Well 12/21c-J03 (“the well” or “J03”) is being drilled to access additional reserves and increase production as part of a field management strategy. T
More than $200 million have been invested in updating equipments of the drilling sector in past two years, managing director of the National Iranian Drilling Company (NIDC) Mr. Bahmani announced . Addressing at a forum titled The Role of New Technologies in Oil and Gas Industry, he said: since estab
With coverage of the remotest places, SES WORLD SKIES, a division of SES S.A. ,today announced it has signed a three-year capacity agreement with Stallion Oilfield Services to enable mission-critical connectivity for hundreds of oil drilling sites throughout America. As part of the multi-million-dol
Cameron has received a contract valued at approximately $200 million from ConocoPhillips to provide equipment and services on two new platforms in the Greater Ekofisk Area Development offshore Norway. The contract is subject to Government approval of the Plan for Development and Operations (PDO) for
Solstad Offshore ASA (SOFF) has recently entered into a charter agreement for the PSV “Normand Vester” with Petrobras for a period of 4 years firm plus options. Commencement of the contract is expected to be late 2Q 2011. The value of firm part the contract is approx USD 44 million. SOFF’s activitie
Hovertrans Solutions Pte. Ltd. (Hovertrans Solutions), a leading designer and manufacturer of hoverbarges for heavy lift in difficult terrain in the global oil and gas, and specialist transportation industries, will be constructing a 50 tonne payload hoverbarge for charter. Measuring 34m x 17m, the
Led by strong category and overall satisfaction ratings for segment leader Ensco, offshore contract drillers, bucking an industry-wide trend, registered an adjusted 2.4% increase in EnergyPoint Research’s Contract Drilling Customer Satisfaction Survey in 2010. The stronger ratings were helped by gre
Prosafe has been awarded a Letter of Interim Agreement (“LOIA”) by Talisman Energy (UK) Limited for the provision of the MSV Regalia accommodation support rig at the Auk South Redevelopment Project in the British sector of the North Sea. The firm period of the contract linked to the LOIA is six (6)
Heerema Hartlepool, one of the three fabrication locations of Heerema Fabrication Group (HFG), has been awarded the EPCI (Engineering, Procurement, Construction and Installation) contract of the 2,750 tonnes York platform destined for the York Field Development gasfield in the UK Continental Shelf.