Grenland Group is contracted to deliver one integrated template structure and one manifold for FMC Technologies at Kongsberg. The total weight for the delivered structures will be approximately 350 tonnes. FMC Technologies recently signed an agreement with Statoil for the delivery of subsea producti
Odfjell Drilling and Statoil have entered into an agreement regarding Deepsea Atlantic. In addition, Statoil has exercised a 1 year option of further use of the rig, committing the rig to Statoil for a fixed period until 4 August 2014. “We are obviously very pleased that we have reached an agreement
MEO Australia Limited has executed a binding sales and purchase agreement with Silver Wave Energy Pte Ltd (“Silver Wave”) to acquire their 100% interest in exploration permits AC/P50 and AC/P51 in the Ashmore Cartier region of the Timor Sea. Consideration for this acquisition is US$270,000 payable u
Cobalt announced execution of a Drilling Rig Contract with Diamond Offshore Drilling Inc. for use of the Ocean Confidence drilling rig. Cobalt plans to use this rig to drill the first two wells on Block 21 in the deepwater offshore Angola. Cobalt has an option to drill up to two additional wells. Th
Subsea 7 Inc , one of the world’s leading subsea engineering and construction companies, today announces the award of a new Day-Rate contract with Petrobras (Petróleo Brasileiro S/A). The contract, valued in excess of US $110m, is for the exclusive use of Subsea 7’s pipelay vessel, “Lochnagar” and w
Anadarko Petroleum Corporation announced the Mercury-1 exploration well offshore Sierra Leone encountered approximately 135 net feet of oil pay in two Cretaceous-age fan systems. Mercury is the company’s second deepwater test in the Sierra Leone-Liberian Basin and was drilled to a total depth of app
MEO Australia Limited advises that the Songa Venus semi-submersible drilling rig was handed over from Shell at 5pm (Perth time) on Sunday 14th November and is currently under tight tow to the Artemis-1 location. The journey is programmed to take approximately eight days at current tow speed, however
Cobalt announced an important modification of its contract with Ensco for the 8503 drilling rig. The amendment provides for a substantially reduced day rate in the event that the rig is unable to work due to continued permitting delays in the Gulf of Mexico. About Cobalt Cobalt is an independent oil
Two contracts worth around USD 90 million have been awarded to Subsea 7. These are EPCI contracts, which include engineering, procurement, construction and installation of the pipelines and control cables connecting the PanPandora and Katla fields in the North Sea to existing production systems. The
Greenpeace has launched legal action in a bid to stop UK offshore drilling in the wake of the Deepwater Horizon disaster. By Independent.co.uk [mappress] Source: Independent, November 12, 2010;
Desire Petroleum PLC the oil and gas exploration company wholly focused on the North Falkland Basin, announces that the Rachel North 14/15-2 well was spudded at 10:40 hrs (GMT) on 12 November 2010. A further announcement will be made once drilling is completed. Desire Petroleum plc (Desire) is a UK
DryShips Inc. , a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, announced today that its fully-owned subsidiary Ocean Rig UDW Inc. has received a Letter of Intent for the Eirik Raude from a British exploration company. The Letter
Bergen Group has, through its subsidiary Bergen Group AS Halsnøy signed a Letter of Intent on a rebuilding of the seismic vessel “Geowave Master” owned by Master and Commander AS. The LOI includes work project with a total estimated value of NOK 160 – 170 million(Approximately USD$28 million). The v
Tap Oil Limited announces that the retail component (Retail Entitlement Offer) of its 1 for 2 Accelerated Non-Renounceable Pro Rata Entitlement Offer announced on 14 October 2010 (Offer) has closed. Acceptances for 9,471,912 Shares were received, representing a take up of approximately 24% of the to
