Vantage Drilling Company announced that the ultra-deepwater drillship, the Platinum Explorer, has recently set sail from Singapore and is currently enroute to India to commence a five year contract with Oil & Natural Gas Corporation Limited. The Platinum Explorer is expected to arrive in India on De
Buccaneer Energy Limited advises that due diligence investigations by the Alaskan Industrial and Development Export Authority (“AIDEA”) in respect to AIDEA making a direct equity participation with the Company’s wholly owned subsidiary Kenai Offshore Ventures, LLC (“Kenai Offshore”) continue to prog
Bounty Oil & Gas NL (“Bounty”) is pleased to announce that the “Ocean Patriot” semi submersible drill rig has been positioned at the New Seaclem 1 location, fixed with 8 anchors and has ballasted down. All operations have proceeded smoothly aided by calm seas. The well will be spudded later today; 2
Ithaca Energy Inc. and its wholly owned subsidiary Ithaca Energy (UK) Limited (“Ithaca” or “the Company”), an independent oil & gas company with exploration, development and production assets in the UK sector of the North Sea, announces that it plans to drill a second production well on the Jacky fi
Statoil has decided to install a new compressor module on the Kristin platform together with the Kristin and Tyrihans licence owners. The module will increase recovery from the field. “The investment decision will result in increased reserves and accelerated production, prolonging the lifetime of th
Det norske oljeselskap ASA, operator of production licence 341, is in the process of completing the drilling of wildcat well 24/12-6 PG. The well has been drilled about 75 km north of the Sleipner field. The primary exploration target for the well was to prove petroleum in the Upper Jurassic (the Dr
Murphy Oil Corporation announced that its wholly owned subsidiary, Canam Brunei Oil Ltd., has entered into a Production Sharing Agreement with Brunei National Petroleum Company Sendirian Berhad (PetroleumBRUNEI) for interests in offshore Block CA-2. Murphy will hold a 30% working interest in Block C
Rowan Companies, Inc. is pleased to announce the appointment of Suzanne P. Nimocks to its Board of Directors as of today. Ms. Nimocks recently retired from McKinsey & Company, Inc., a global management consulting firm, where she served as a director (senior partner) from June 1999 to March 2010 and
Marathon Oil Corporation (NYSE: MRO) announced today the results of the deepwater Bravo-1 well drilled in the northeastern portion of the Pasangkayu production sharing contract (PSC) area offshore the island of Sulawesi in the Makassar Strait, Indonesia. Marathon, through its wholly owned subsidiary
CAMAC Energy Inc. , a U.S.-based energy company engaged in the exploration, development and production of oil and gas, today announced that on December 10, 2010, CAMAC Energy finalized and executed a definitive Purchase and Continuation Agreement (the “Purchase Agreement”) with Allied Energy Plc and
Andrew Way, 39, has been named vice president of Services for GE Oil & Gas, a business within GE Energy. In this role, Way will be responsible for leading continued growth of the business’ equipment repair, maintenance, upgrade and remote monitoring, and diagnostics capabilities across all segments
Malaysia and Brunei Darussalam took their political and diplomatic ties to a new level by signing an agreement between the national oil … [mappress] Source: Dailyindia.com, December 13, 2010;
Shell and Schlumberger announced a multiyear research technology cooperation agreement focusing on improving the recovery factor of oil and gas reservoirs and extending the life of existing oil and natural gas fields. • Goal is to speed development of oil and gas resources to meet increasing demand
Reference is made to the announcement dated December 6, 2010, regarding a contemplated offering of a NOK 500-700 million senior unsecured bond by Sevan Marine ASA. The bond was completed on Friday December 10 with a placement of NOK 700 million (approximately USD 117 million) subscribed by Norwegian
