Reef Subsea AS announced that they have acquired the Norwegian company EXS Subsea AS that owns 80% in S3, Specialist Subsea Services Ltd., based in Aberdeen, Scotland. Registered in 2007, S3 specializes in the provision of offshore survey, positioning and ROV services. Services include remote interv
AsherXino Corporation announced that it is negotiating with a large oil and gas company on a partial farm out of AsherXino’s Oil Prospecting License (OPL) 2012 offshore of Nigeria. Details of the proposed farm out were not disclosed. AsherXino is an oil and gas exploration company focused on both of
As of the 1st of January 2011 T.O.S (Transport & Offshore Services) will be the supplier of nautical temporary personnel (sailing) in … [mappress] Source:T.O.S, January 7, 2011;
Murphy Oil Corporation announced today the results of its recent Republic of the Congo drilling campaign in the Mer Profonde Sud permit. The Cobalt Marine #1 exploration well and the Turquoise Marine #3 well both failed to find commercial quantities of hydrocarbons. The Turquoise Marine #4 did find
Statoil has planned 990 modification projects on the Norwegian continental shelf in 2011, with a price tag totalling NOK 9 billion (Approximately USD$1,52 bln). The modifications will improve health, safety and the environment (HSE) – as well as earnings from the installations. Appropriations for mo
Norwegian Energy Company ASA is pleased to announce that drilling of exploration well 17/6-1 has started. Target for the well is the Svaneøgle prospect. Noreco is the operator. Svaneøgle is located in production license PL545, about 100 kilometres southeast of the Grane field in the central part of
Apache Corporation announced that hydrocarbon production has begun at its Balboa Field, located on East Breaks Block 597. Initial gross flow rates have stabilized at approximately 30 million cubic feet of natural gas and 1,400 barrels of oil per day. Apache’s subsidiary is the operator of the field
Spain’s Repsol-YPF has joined an oil-exploration project in Colombia whose other partners include the local unit of Brazil’s Petrobras … [mappress] Source:Fox News Latino, January 6, 2011;
“Financial News for Major Energy Producers (the News)” is a report on the recent financial performance of major U.S. energy producers. Twenty U.S. majors collectively reported $17.4 billion of net income in the third quarter of 2010, which was 32-percent more than the $13.2 billion these companies r
Total announces that its affiliate Total E&P UK has made a new gas and condensate discovery in the West of Shetland on the United Kingdom Continental Shelf, close to the currently under development Laggan and Tormore fields. The Edradour exploration well lies in block 206/4, 75 kilometres North West
The Petroleum Safety Authority Norway (PSA) is responsible for developing and enforcing regulations which govern safety and working environment in the petroleum activities on the Norwegian continental shelf and associated land facilities. The regulations with guidelines, in both Norwegian and Englis
FMC Technologies, Inc. (NYSE: FTI) announced today that Peter D. Kinnear , Chairman and Chief Executive Officer, will address attendees at the following event: Event: Goldman Sachs Global Energy Conference Grand Hyatt Tampa Bay 2900 Bayport Drive Tampa, FL 33607 Tuesday, January 11, at 11:00 a.m. ES
Petroleum Geo-Services ASA (‘PGS’ or the ‘Company’) routinely releases information about 3D vessel utilization around the end of each quarter. Summary of vessel utilization: The vessel statistics for the fourth quarter 2010 includes the new vessel PGS Apollo (Image), which started seismic acquisitio
Trelleborg’s acquisition of the privately owned company PPL Polyurethane Products Ltd has been finalized. The company has annual sales of approximately SEK 90 M (Approximately USD $13 Million) and about 90 employees. PPL Polyurethane Products is based in the UK and develops, manufactures and markets
