Tap Oil Limited has exercised its pre-emptive right to acquire an additional 20% interest in the highly prospective WA-351-P exploration permit in Western Australia’s Carnarvon Basin. This unique opportunity for Tap to increase its interest in this strategic permit arose as a result of Tap’s right u
The Songa Mercur is currently off-hire in China resulting from structural failure of the telescopic joint, causing an uncontrolled descent of the BOP and Marine riser a short distance to sea bed on 16 January 2011. The rig was not drilling at the time of the incident and the BOP is in safe distance
FMC Technologies, Inc. announced today that it has signed a contract with Statoil for the manufacture and supply of subsea production equipment to support the Gygrid offshore development. The award has a value of approximately $54 million in revenue to FMC Technologies . Gygrid is a fast-track oil a
Roc Oil (WA) Pty Limited, a wholly owned subsidiary of ROC, announced on 20 December 2010 that it had agreed to sell its 20% interest in WA-351-P, offshore Carnarvon Basin, Western Australia, to Woodside Energy Ltd for US$15.75 million subject to working capital adjustments and normal industry terms
Atwood Oceanics., a Houston-based international drilling contractor , announced today that on January 14, 2011, Atwood Oceanics Pacific Limited (“AOPL”), a wholly-owned subsidiary of Atwood Oceanics, Inc., exercised the first of three options and executed a turnkey construction agreement to construc
Two Wilh. Wilhelmsen companies join forces to provide a more comprehensive portfolio of solutions, equipment and services tailored to the maritime and offshore industries. The newly formed company, Wilhelmsen Technical Solutions, will be a global provider of fully engineered environmental, safety, H
Hyundai Heavy Industries, the world’s biggest shipyard, today clinched a USD 1.03 billion (KRW 1.14 trillion) order to build two new … [mappress] January 19, 2011;
Lundin Norway AS has been granted consent to carry out exploration drilling of well 16/1-15 in the North Sea. The well will be drilled in production license 338 in the North Sea, 180 km west of Jæren. The well has the coordinates N 58° 52′ 24”, E 02° 15′ 41”. The water depth at the […]
The prospectively evaluation of license Skagen (PL 498), which is a license from the 4 sea acquisition early 2010, has proven positive, and the license partnership has made a drill decision scheduled for 2012. Drilling of Jette (PL 385), which was scheduled Q1 2011, has been rescheduled to Q4 2011/Q
Hamworthy has brought its electrically-driven deepwell cargo pump technology to a new market, following a breakthrough contract in the Brazilian offshore sector. The fluids handling specialist has received an order covering electric driven cargo pump systems for eight Floating Production Storage and
Maersk Oil is entering its first cross-border tie-in, which will enable gas and condensate from a field in Norwegian waters to be taken to Maersk Oil’s Harald platform, in Danish waters, for processing before exporting onwards. The agreement is an example of how Maersk Oil is rationalising its opera
Cosalt Offshore, a provider of lifting, tooling and marine services to the oil and gas industry, has concluded agreements with Acergy to provide all lifting services it requires in the UK and Norwegian sectors of the North Sea. The two contracts are worth up to a total of £3million in the UK and Nor
Statoil ASA has been granted consent to carry out exploration drilling of well 30/11-8S in the North Sea. The exploration drilling will take place in a prospect covered by the production licenses 272 and 035. The well has the coordinates N 60° 13′ 03.03”, E 02° 29′ 22.20” and is located 158 km west
World energy growth over the next twenty years is expected to be dominated by emerging economies such as China, India, Russia and Brazil while improvements in energy efficiency measures are set to accelerate, according to BP’s latest projection of energy trends, the BP Energy Outlook 2030. BP’s ‘bas
