Atwood Oceanics., a Houston-based international drilling contractor , today announced names for its three high-specification Pacific Class 400 jack-up rigs being constructed at PPL Shipyard PTE LTD in Singapore. The Atwood Mako, Atwood Manta and Atwood Orca are scheduled for delivery on September 30
OGX Petroleo e Gas Participacoes S.A. , the Brazilian oil and gas company responsible for the largest private sector exploratory campaign in Brazil, announced today the presence of hydrocarbons in the Albian section of well 1OGX28DRJS, which is located in the BMC41 block, in the shallow waters o
Cameron has received an order for the supply of subsea production systems for a deepwater and offshore gas processing and pipeline project in the South China Sea. The project will include subsea equipment, as well as an agreement to provide additional services across the life of the field. Deliverie
Erik Haugane, CFO og Det norske, has been awarded one of the oil industry’s highest awards, the NPF award. The award is a recognition of the effort made, and a stimulus for further work. The jury’s arguments for giving Haugane the price is that he is “one of few leaders of a Norwegian oil company [&
Saint Petersburg hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Rovnag Abdullayev, President of the State Oil Company of Azerbaijan Republic (SOCAR). The parties addressed the results of cooperation in 2010. Gazprom and SOCAR agreed that the jo
McDermott International, Inc. , announced today that its subsea construction vessel “Agile” has been contracted by Petrobras to install subsea flexible pipelines and umbilicals in up to 2,000 meters of water offshore Brazil. The company will also provide subsea installation engineering for the durat
Aker Drilling ASA is contemplating the issue of up to NOK 1,500 million in a new senior, unsecured bond in the Norwegian bond market with maturity in February 2016. The proceeds will be used to refinance the outstanding bond issue AKD02 with ISIN NO001057171.4, repay existing subordinated loans to A
Rolls-Royce, the global power systems company, today announced an order from Singapore-based offshore company, PaxOcean, to provide the ship design, propulsion systems and deck machinery for two platform supply vessels. The order is worth over £12 million to Rolls-Royce with additional options to co
Halliburton announced today that income from continuing operations for the fourth quarter of 2010 was $625 million, or $0.68 per diluted share, compared to $485 million, or $0.53 per diluted share, in the third quarter. Net income for the fourth quarter of 2010 was $605 million, or $0.66 per diluted
EnCore Oil plc announces that the Catcher North appraisal well 28/9-3 in Central North Sea Block 28/9 was spudded at 08.00 hours on Monday 24 January 2011. The EnCore operated well is being drilled using the Transocean Galaxy II heavy duty jack-up rig and is being managed by Applied Drilling Technol
Leading international oilfield services company Expro announces today the introduction of a new Power Relief Valve (PRV) system which reduces the man hours and rig down-time historically associated with operating and maintaining traditional mud pump relief valves and systems. Known as the PRV MAX, t
GAC Norway has welcomed the TransAtlantic ice-breaking Anchor Handling Tug Supply (AHTS) ‘Tor Viking II’ to Hammerfest after its transit of the ice-bound North East Passage, under a new agency agreement that brings together two companies with plans for Arctic expansion. Berthing at the northern Norw
Chevron Corporation today announced that its Australian subsidiary has signed a Sales and Purchase Agreement (SPA) with Kyushu Electric Power Co. for a portion of Chevron’s offtake of liquefied natural gas (LNG) from the Gorgon Project. Under the binding agreement, Kyushu Electric will receive 0.3 m
The Israeli government on Sunday approved a near doubling of the profit tax on gas and oil extracted from its territory, a move of … By Ethan Bronner (NY Times) [mappress] Source: nytimes, January 24, 2011;
