Sembcorp Marine’s subsidiary Sembawang Shipyard has secured a newbuilding and three major upgrading contracts totalling S$215 million(Approximately USD $ 167 million), reinforcing its reputation as a world leading shipyard for ship repairs, ship conversions and specialized offshore newbuildings. The
BP Norge AS has exercised two three-month options for the continued use of the MSV Regalia and thereafter Safe Scandinavia (image) at the Valhall offshore facility in the Norwegian sector of the North Sea. The first three months commencing in July 2011 using the MSV Regalia will be in direct continu
NWest Energy Corp. announces that the Company has elected to extend Period I of each of offshore Exploration Licenses 1097 and 1098 to January 15, 2012 by posting a drilling deposit in the amount of $250,000 for each license with the Canada-Newfoundland and Labrador Offshore Petroleum Board. Failure
Farstad Shipping ASA has, on behalf of wholly owned subsidiaries, been awarded the following charter contracts: PSV Far Symphony(image) (2003, P105, 4.929 DWT) has been awarded a six (6) years firm contract by ConocoPhillips Skandinavia AS for support of their operation in the North Sea. Commencemen
Chinese geologists have detected ‘super-thick’ oil and gas-rich strata in the South China Sea and also identified 38 offshore oil and gas… Source: Beijing News [mappress] Source: BeijingNews, January 13, 2011;
The newbuild Pazflor floating production, storage offloading vessel is expected to sail away this month for Total-operated Block 17 in … Source: One India Money [mappress] Source: PrOne India Money, January 13, 2011;
Today, Monday 17 January, Statoil kicks off a marketing campaign arguing for natural gas to be part of Europe’s energy mix for the long term. It also marks that Statoil has been a reliable gas supplier to Europe for over 30 years based on its production from the Norwegian Continental Shelf. “Natural
ConocoPhillips has put its controlling stake in the big Barossa and Caldita gas fields in the Timor Sea up for sale, throwing into doubt … By Peter Klinger (The West Australian) [mappress] Source: Prosafe, January 17, 2011;
Rig utilisation in the fourth quarter of 2010 was 61 per cent. MSV Regalia(image) operated for BP at Valhall in Norway until 23 November. Safe Scandinavia operated for Statoil in Norway until the end of October. Before replacing MSV Regalia, Safe Scandinavia adjusted the gangway to correspond to the
BP today announced that it has been awarded four deepwater offshore blocks in the Ceduna Sub Basin within the Great Australian Bight, off the coast of South Australia. BP said that it will explore Exploration Permit for Petroleum (EPP) areas EPP 37, EPP 38, EPP 39 and EPP 40 covering an area of 24,0
UNX Energy Corp., an emerging oil and gas company with offshore interests in the Republic of Namibia, has signed a 3D seismic contract with Petroleum Geo-Services . UNX plans to acquire approximately 1,125 km2 of 3D seismic on the 90%-owned Exploration Licence 2815, consisting of Blocks 2815, 2816 a
The Norwegian Petroleum Directorate (NPD) has signed a framework agreement with the Greenland Bureau of Minerals and Petroleum (BMP) for the exchange of information regarding resource management in the two countries. The agreement was signed by the Director of the BMP, Jørn Skov Nilsen, and Director
BP and Rosneft announced that they have agreed a groundbreaking strategic global alliance. Rosneft and BP have agreed to explore and develop three license blocks – EPNZ 1,2,3 – on the Russian Arctic continental shelf. These licences were awarded to Rosneft in 2010 and cover approximately 125,000 squ
Extension of Letter of Intent for “Rowan Norway” N-Class Jack-up Rig Xcite Energy announces that its 100% subsidiary, Xcite Energy Resources Limited (“XER”), has entered into an extension to the binding letter of intent (“LOI”) with British American Offshore Limited (“BAOL”), part of Rowan Companies
