In connection with a series of articles in December 2010, questions were raised concerning whether Maersk Oil was in compliance with the prevailing guidelines for water sampling and analysis and oil spill reporting. The Danish Environmental Protection Agency subsequently requested a report from Maer
TGS has signed a three year sales, marketing and 2D seismic Cooperation Agreement with Dalmornefte Geophysica Yuzhno- Sakhalinsk (DMNG) in the Arctic region, east and west of the Bering Strait. The Cooperation Agreement includes industry funded 2D operations performed in Russian waters during Q3 201
Lundin Petroleum AB (Lundin Petroleum) completed the exploration well 16/7-9 on the Norall prospect located in Block 16/7, (PL409), in the central part of the North Sea on the Norwegian Continental Shelf. This was the first exploration well in PL409 which was awarded in 2007 as a result of the APA20
Cairn has secured two state of the art dynamically positioned drilling vessels for its 2011 dual rig exploration programme offshore Greenland. The “Leiv Eiriksson”, a fifth generation semi-submersible drilling rig and the “Ocean Rig Corcovado”, a sixth generation drillship, have been contracted to o
Tap Oil Limited (“Tap”) provides the following final report on the Craigow-1 exploration well, offshore Bass Basin between Victoria and Tasmania. Since the last weekly report at 06:00 hours (EST) on 29 December 2010, the well was drilled in 311mm (12 ¼”) hole to a total depth of 1,800 metres and fin
DryShips Inc. , a global provider of marine transportation services for drybulk cargoes and offshore contract drilling oil services, announced today that its 78% owned subsidiary Ocean Rig UDW Inc. successfully took delivery of its newbuilding drillship, the Ocean Rig Corcovado. The Ocean Rig Corcov
W&T Offshore, Inc. announced that the Company will be presenting at the Pritchard Capital Partners 2011 Energize Conference being held at the Westin San Francisco Market Street Hotel on January 5 – 6, 2011. Tracy Krohn, W&T Offshore’s Chairman and Chief Executive Officer, is scheduled to present on
Fairstar Heavy Transport NV (FAIR) has signed a contract with DSME to transport FPSO components from Angola to Korea for the CLOV FPSO. The contract value is USD 4,800,000. The open-stern semi-submersible vessel FJORD will perform the transport, scheduled at the end of 2011. This is the third marine
Seadrill has entered into an agreement to acquire the two ultra-deepwater semi-submersible drilling rigs, Seadragon I and Seadragon II. The total project price for the two rigs, which are currently under construction at the Jurong Shipyard in Singapore, is estimated to be approximately US$1.2 billio
MODEC Offshore Production Systems (Singapore) Pte Ltd. has awarded Aker Solutions’ wholly-owned subsidiary Aker Marine Contractors a mooring installation contract for hook-up of the Bourgogne FPSO offshore Angola. Contract value is approximately USD 30 million. MODEC will supply the PSVM FPSO to BP
Cnooc , China’s largest offshore oil explorer, will not bid for a stake in Brazil’s OGX Petroleo & Gas Participacoes SA, the company … By Gordon Wilcox (Benzinga) [mappress] Source: Benzinga, January 3, 2011;
Petrobras states that in December it reached three new records in Brazil for monthly, annual and daily oil production averages. The monthly average for December will be approximately 2,120 thousand barrels a day, against the previous record from April at 2,033 thousand barrels. The volume produced o
Plains Exploration & Production Company) announces it has completed the divestment of its Gulf of Mexico shallow water shelf properties to McMoRan Exploration Co. . The transaction was approved by McMoRan shareholders at a special meeting of the stockholders held today. At closing and after prelimin
Mr. Kjell E Jacobsen has served notice that he would like to retire from the Board of Seadrill Limited effective from December 31, 2010. Mr. Jacobsen started to work for offshore drilling company Smedvig in 1991 and was the Company’s CEO from end of 2001 to 2006. In 2006, Mr. Jacobsen was instrument
