Statoil and ExxonMobil have agreed to explore three Faroese offshore licenses jointly. ExxonMobil Exploration & Production Faroe Islands Limited will acquire 50% interest in Licenses 009 and 011 and 49% interest in License 006, where Atlantic Petroleum is a minority owner with 1% interest. Statoil F
TSmarine and SMIT Subsea Australia (SMIT), a wholly owned subsidiary of Boskalis, have entered into a long term frame agreement where SMIT will provide diving services to TSmarine. Under the agreement SMIT will install its new state-of-the-art S4 12-man saturation dive system on TSmarine’s multipurp
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Helge Lund, President and Chief Executive Officer of Statoil. During the meeting the parties addressed the key business issues and prospects for cooperation between Gazprom and
EOC Limited (EOC or the Group), a leading provider of offshore oil and gas (O&G) support services in Asia, has announced the appointment of Mr Jon Dunstan as its new Chief Operating Officer (COO), with effect from 1st March 2011. With over 17 years of industry experience, Mr Dunstan, aged 39, began
Petrobras CEO, José Sergio Gabrielli de Azevedo (photo), was nominated Petroleum Executive of 2011 by Energy Intelligence, a renowned information service for the energy sector. Gabrielli was chosen from leaders of many of 100 largest oil companies in the world. According to the president of Energy I
Noble Energy, Inc. announced today that it has received an approved permit to resume drilling at the Santiago prospect in the deepwater Gulf of Mexico. Well operations were suspended in June 2010 as a result of the deepwater Gulf of Mexico drilling moratorium. Santiago is a middle Miocene amplitude
In February 2010 Seajacks entered into a contract with GustoMSC to provide the Basic Design Package for two purpose built wind farm installation vessels. In June 2010 Seajacks entered into a contract with Lamprell shipyard to build these new vessels and Seajacks will take delivery of the first new-b
Oceaneering International, Inc. announced that T. Jay Collins will retire from his position as President and Chief Executive Officer (CEO) immediately following the 2011 Annual Meeting of Shareholders, which is scheduled to be held on May 6, 2011. M. Kevin McEvoy, Oceaneering’s Executive Vice Presid
Bowleven, the West Africa focused oil and gas exploration group traded on AIM, is pleased to announce that drilling has commenced on the Sapele-1 sidetrack (Sapele-1ST), Douala Basin, offshore Cameroon with the Noble Tommy Craighead jack-up rig. The principal objective of Sapele-1ST is to appraise t
Marlink, the global provider of maritime satellite communications has recently confirmed delivery and installation of its innovative Sealink™ VSAT solution on the Atlantic Oilfield Services oil & gas support unit ‘KS TITAN 2’. Chartered by Exxon Mobil, KS TITAN 2 (photo) is the second Atlantic Oilfi
Mermaid is announces that its 49% owned special investment vehicle, Asia Offshore Drilling Limited (“AOD”) has recently successfully carried out the Strike Steel Ceremony for second of two proprietary KFELS B Class jackup rig ‘Hull-B321’ at Keppel FELS’ (“Keppel FELS”) yard at 50 Gul Road, Singapore
Dril-Quip, Inc. today announced net income of $20.9 million, or $0.52 per diluted share for the three months ended December 31, 2010, versus net income of $28.7 million, or $0.72 per diluted share for the fourth quarter of 2009. The fourth quarter 2010 results include an after-tax charge of $4.8 mil
FMC Technologies, Inc. announced today that Peter D. Kinnear will be succeeded by John T. Gremp(photo) as President and Chief Executive Officer effective March 1, 2011. Additionally, Mr. Gremp has joined the Company’s Board of Directors. Mr. Kinnear will continue in the role of Chairman of the Board
Seadrill has entered into an agreement for the construction of two tender rigs with the COSCO Nantong Shipyard in China. The two new units, T15 and T16, are scheduled for delivery in the first quarter and third quarter 2013, respectively. Total project price is estimated at US$225 million, which inc
