Technip was awarded a lump sum contract by Enbridge Offshore Facilities L.L.C. (Enbridge) for the development of the Walker Ridge gas gathering system in the Gulf of Mexico, at a water depth of 7,000 feet (2,130 meters). This award reinforces Technip’s leading position in the Gulf of Mexico ultra de
UK corporate profitability rose to an 18-month high in the third quarter of 2010, driven by the boom in the manufacturing sector and … By Sharecast [mappress] Source:Sharecast, January 6, 2011;
Engineering and construction company Clough Limited announced that the Clough Helix Joint Venture has been given a letter of intent by COOEC Subsea Technology Co Ltd (COOEC means China Offshore Oil Engineering Co) for offshore installation support activities associated with the Huizhou Field, offsho
The Company announces that the 9/3b-6z well has been successfully suspended for potential future use as a production well and the Ocean Nomad drilling rig is off hire from the Bentley field location. In addition to the successful well flow test announced on 21 December 2010, high quality downhole pr
Entek Energy Limited (Entek or the Company) is pleased to announce that it’s GA A133 well in the Gulf of Mexico is now being temporarily suspended, awaiting tie in to production, after intersecting around 200 feet of net gas pay during drilling (equivalent to the most-likely pre-drill interpretation
Nido Petroleum Limited (Nido), as Operator of Service Contract 54A (SC 54A), provides this update on the operations at Tindalo. Since the last operations update on 29 December 2010, Nido, along with its Joint Venture Partners has reached a decision to call off the jack up-rig Aquamarine Driller foll
OGX Petróleo e Gás Participações 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 Santonian, Albian and Aptian sections of exploration well 1‐MRK‐3/4P‐RJS, which is located in the B
W&T Offshore, Inc. announced today that its Board of Directors has approved the Company’s 2011 Capital Budget of $310 million, excluding the pending acquisition of the Gulf of Mexico producing shelf property under letter of intent with Shell Offshore Inc. and other potential acquisitions. The Budget
Statoil Petroleum AS (Statoil) has received consent to carry out drilling and completion on the Alve field and well intervention on the Urd field with the mobile drilling facility West Alpha. The consent includes drilling and completion of well 6507/3-L-4 AH on the Alve field and well intervention i
DryShips Inc. , a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, announced that its subsidiary Ocean Rig UDW Inc. has entered into a drilling contract for its 3rd drillship newbuilding Ocean Rig Poseidon. As part of this agreement,
Shell faces another setback in its plans to drill for offshore oil in the Arctic, this time from a federal board that sided with Alaska Native and environmental groups and kicked air quality permits back to the Environmental Protection Agency for further review. The order by the Environmental Appeal
Hardy Oil and Gas plc , the oil and gas exploration and production company focused in India, today provides an update on the drilling of the KG-D9-B3 well, the second exploratory well on the Company’s D9 (KG-DWN-2001/1) exploration licence. The well was drilled to a total depth of 3,829 m MDRT by th
Eni Norge AS, operator of production licence 489, is in the process of completing the drilling of wildcat well 7120/12-5 in the Barents Sea. The well has been drilled about 115 kilometres northwest of Hammerfest and about 50 kilometres west of the Goliat field. The purpose of the well was to prove p
Petrofac, the international oil & gas facilities service provider, announces that Andy Inglis has joined the company as Chief Executive of its Energy Developments and Production Solutions businesses. Following a familiarisation period, he will join the Board of Petrofac in March and will re-locate t