Tullow Oil plc (Tullow), the independent oil and gas exploration and production Group, announces its half-yearly results for the six months ended 30 June 2010. These results are presented in US Dollars, the Group’s presentational currency with effect from 1 January 2010. 2010 Half-yearly results sum
Salamander Energy, an independent upstream oil and gas exploration and production company focused on Asia, announces its half year results for the six months ended 30 June 2010. HIGHLIGHTS FINANCIAL * Revenue up by 73% to $133.5 million (1H’09: $77.2 million) * Operating cashflow up by 56% to $63.2
Norwegian Energy Company ASA today announces that a discovery has been made on the Zidane-1 well in license PL435 in Norway, which is operated by RWE Dea Norge AS. The Zidane-1 well (6507/7-14S) is still in operation and further data will have to be gathered and analyzed before an update of the reso
All of 900 million barrels of oil equivalents on Snorre confirm Statoil’s faith in another 30 years’ production on Tampen. The Statfjord, Gullfaks and Snorre fields form the backbone for production on Tampen in the North Sea. “On Statfjord we have 30 years’ oil production behind us. Snorre can give
As part of its long term monitoring and research program in the Gulf of Mexico, BP is deploying a new technology that will enable nearly constant monitoring by two satellite-controlled, unmanned vehicles. The vehicles, known as Wave Gliders and developed by Liquid Robotics in Silicon Valley, Califor
The Norwegian Petroleum Directorate (NPD) has granted Total E&P Norge AS a drilling permit for wellbore 25/5-7, cf. Section 8 of the Resource Regulations. Wellbore 25/5-7 will be drilled from the Ocean Vanguard drilling facility at position 59° 39’ 43.27” north, 2° 34’ 15.37” east after a stay at th
STX Norway Offshore has signed contracts for the building of two icebreaker tugs to JSC Circle Marine Invest. The vessels will be delivered in 2011, and the total value of the two contracts amounts to approximately NOK 450 million (USD 71 million) . “We look forward to continuing the good cooperatio
Rockhopper Exploration plc , the North Falkland Basin oil and gas exploration company, provides an update on operations at its Ernest and Sea Lion locations. The Ernest 26/6-1 exploration well has been safely plugged and abandoned as a dry hole following completion of all logging runs. The Ocean Gua
Energy consultancy Xodus Group has won an open tender for the Detailed Design of the Huntington Development, the largest oil and gas discovery in the UK Central North Sea for five years. The contract worth approximately £1 million is one of the largest subsea projects the Aberdeen-based consultancy
The world’s largest subsea engineering and project management company, Wood Group Kenny, has been awarded the Front End Engineering Design (FEED) and related project management support activities for the BG Norge AS, Jordbaer field development. The proposed field development, located in the North Ta
MODEC announced that Petrobras, through its wholly owned subsidiary PNBV, on behalf of Consortium BM-S-9, has signed a letter of intent for the supply, respectively, charter, and operations of a Floating, Production, Storage, and Offloading (FPSO) vessel for the BM-S-9 (Guara) Block in the giant “pr
The Subsea Production Engineering Course provides an overview of all of the key processes, technologies and equipment that comprise contemporary subsea production developments. It focuses on how subsea hardware, pipelines, riser systems, and other equipment relate to design philosophies and how to e
Norway: Wartsila Signs Extensive Service Agreement with Eidesvik
Leading international oilfield service company Expro announces today that it has secured 10 subsea contracts in its Europe CIS region for work in 2010 and 2011. More than $10million worth of new subsea business has been secured in the central North Sea and Norway with companies including Premier Oil