GDF SUEZ has signed its official entry in two exploration gas and oil licenses with the Greenlandic Ministry of Industry and Mineral Resources. The consortium between GDF SUEZ, Shell (operator) and Statoil has been granted two exploration offshore licenses in Blocks 5 and 8, located in the Baffin Ba
An oil spill from a deepwater blowout near the Shetland Islands could reach the coastlines of Scotland, eastern England, Norway and Greenland, according to a company which began drilling there in October. Chevron, one of the world’s largest oil companies, made a worst-case forecast of the impact cau
Pride International, Inc. announced that it completed its settlement with the U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) of outstanding U.S. Foreign Corrupt Practices Act (FCPA) matters that were voluntarily and promptly self-reported to the DOJ and the SEC in
The maritime industrial group Bergen Group has entered into an agreement with EDB ErgoGroup for the provision of IT operating and management services for the group’s core IT solutions. The agreement runs for three years, and represents total contract value of approximately NOK 33 million (approximat
Statoil has awarded Aibel a contract for modifications on the Gullfaks C platform. The modifications are to be undertaken in order to connect the Pan/Pandora satellite field to the processing facilities on Gullfaks C. This is the first of a number of fast-track projects that Statoil plans to underta
On December, 3 in South Korea a solemn name-giving ceremony was held for the first semi-submersible floating drilling rig constructed within the frames of Shtokman gas-condensate field development according to the contract signed in 2007 between Gazflot LLC and Vyborg Shipyard JSC for engineering an
Vitol SA has been awarded the contract to be the exclusive marketer of Tullow Oil’s share of production from the Jubilee field, offshore Ghana. First Oil is expected on December 15th 2010. Jubilee crude oil is a light, sweet crude oil that was discovered offshore Ghana in 2007. The field was named ‘
W&T Offshore, Inc. that Shell Offshore Inc. has informed W&T that BP Exploration & Production Inc., the operator of the Gulf of Mexico deepwater blocks Viosca Knoll 871 & 915, known as the Marlin and Dorado Fields, has elected to exercise its preferential rights to purchase Shell’s interest in the f
Husky Energy Inc. (Husky)announces that its wholly owned subsidiary, Husky Oil China Ltd., has signed a Heads of Agreement with China National Offshore Oil Corporation (CNOOC), specifying the key principles of cooperation for funding and operation of the Liwan 3-1 deep water gas field development. “
MEO Australia Limited advises that since the last progress report, the over-pressured zone has been stabilised by circulating 11 ppg mud and an additional 40 metres has been drilled to 2,976m to enable the zone to be isolated behind 9-5/8” casing. As at 05:00 (Perth time) this morning, preparations
Tap Oil Limited provides the following update on the Zola-1 exploration well, offshore Carnarvon Basin, Western Australia. Location / Proposed Depth The Zola-1 well is located in permit WA-290-P, immediately south of the giant Gorgon gas field in the Carnarvon Basin, Western Australia. The well is b
Dril-Quip, Inc. today announcedthat Larry E. Reimert, Co-Chairman and Co-CEO,willstep down from his duties as Co-CEO effective January 1, 2011, in order to concentrate onhiscancer related health issues. Mr. Reimert will retain his duties as Co-Chairman and will act as Technical and Strategic Advisor
Elecsys Corporation, a developer and manufacturer of machine to machine (M2M) data acquisition, telemetry, analysis systems, and custom electronic assemblies for critical industries, today announced the release of the new Watchdog VIP, the most recent addition to the Company’s remote monitoring prod
Final assembly production of the S-76D™ helicopter has commenced at Sikorsky Global Helicopters’ manufacturing facility, Sikorsky Aircraft Corp. announced today, marking a significant milestone in delivering the next generation of the popular S-76® helicopter. Sikorsky is a subsidiary of United Tech
