Technip announces that a consortium comprising two of its subsidiaries, Angoflex Ltda (owned jointly with Sonangol) and DUCO Ltd., has been awarded by Acergy Angola S.A. and Acergy West Africa S.A.S. major umbilical* contracts for the CLOV field development. This field is located in Block 17 offshor
Nido Petroleum Limited , as Operator of Service Contract 54A (SC 54A), provides this update on activities within the block. Since the last operations update on 6 January 2011, the Tindalo well has been plugged and abandoned without significant incident and the Aquamarine Driller (owned by Vantage Dr
Corporation today reported in its interim update that earnings for the fourth quarter 2010 are expected to be higher than in the third quarter 2010. Upstream results are projected to improve between sequential quarters, benefiting from higher crude oil prices and increased liquids liftings. Downstre
If you can learn how to coax out more years from your infrastructure, look with fresh eyes at well data and think laterally, then you can gain a competitive edge when working with mature assets. Maersk Oil is an old hand in the art of teasing out oil from aging fields in the North Sea […]
Prosafe has been awarded a Letter of Intent (“LOI”) by an undisclosed client for the provision of the Safe Scandinavia accommodation support rig at a project in the British sector of the North Sea. The firm period of the contract linked to the LOI is four months with on site operations planned to co
“Moving to new office premises in the port area is for the convenience of our clients,” said ISS General Manager in Ghana, Sachin Agarwal. “Takoradi (image) is an important base for offshore oil exploration activity in Ghana and ISS has been serving the interests of some very big global names there.
ACE Winches has secured a £1.6m contract from Bluestone Offshore for the design and manufacture of two comprehensive winch packages for use on the offshore support vessel, Greatship Maya. Each winch package comprises 18.5t of safe working load (SWL) hydraulic drum winch, 300kW containerised electric
In a move to drive further reductions in the number of accidental hydrocarbon releases in the UK oil and gas industry, companies have committed jointly to cut leaks on their offshore installations by 50 per cent over the next three years. As a result of unremitting efforts by the industry working co
Talisman Energy Inc. announced its capital spending plans for 2011. The company expects 5-10% production growth this year. Cash spending on exploration and development is expected to be relatively unchanged at around US$4 billion, maintaining capital discipline in an uncertain commodity price enviro
Political uncertainty in Nigeria looks set to continue to threaten onshore oil infrastructure and offshore security in the Niger Delta, … Source: allAfrica.com [mappress] Source:AllAfrica, January 11, 2011;
Providence Resources P.l.c. , (‘Providence’), through its wholly owned subsidiary EIRGAS Limited (‘EIRGAS’), announces that it has completed the first phase of the AMEC conceptual development study for the ULYSSES salt cavern gas storage project in the Kish Bank Basin, offshore eastern Ireland. The
Vessel utilization is defined as the percentage of the full quarter where the vessel is in paid work either in the form of acquisition, mobilization, demobilization, steaming, standby or other. The vessel utilization for the 9 seismic vessels operated by SeaBird for Q4 2010 was 51%, down from 76% in
Aberdeen-based specialist subsea service company DOF Subsea UK has secured a contract with Technip. The award is for the provision of a Light Construction Vessel in the North Sea and is worth approximately £8 million. The work is scheduled to start in Q2 2011, and to take place in 2011 and 2012 usin
CGGVeritas and BG Group have signed a Technology Cooperation Agreement (TCA) that focuses on the development and deployment of advanced seismic solutions across the E&P workflow. Under the terms of the Agreement, the partners will collaborate on a number of high-end technology projects within BG Gro
