In the interest of complete transparency, the Department of Energy said it would review all petroleum service contracts and power … By Amy R. Remo (inquirer) [mappress] Source: inquirer, August 23 , 2010;
Keppel Shipyard Limited (Keppel Shipyard) has secured a contract for the modification of the Floating Production Storage and Offloading (FPSO) vessel OSX-1, worth approximately S$50 million. The FPSO OSX-1 is owned by OSX 1 Leasing B.V., a subsidiary of OSX Brasil S/A. Commencing in the third quarte
Saturday at 6:40am CDT, the forty-eight hour ambient pressure test was deemed successful. Under the guidance and approval of the National Incident Commander (NIC) and Unified Area Command, BP has been authorized to begin open water fishing operations from the MC252 Blow Out Preventer (BOP). The fish
Norwegian Energy Company ASA has entered into an agreement with BG Norge to acquire a 10% interest in PL392 in the Norwegian Sea through a carry of drilling cost. The license contains the Dalsnuten prospect, which is scheduled to be drilled in September 2010. – The transaction provides Noreco with a
Oil and gas production and exploration company Tap Oil (ASX: TAP) has updated the progress and timing of the Zola-1, Mawar-1, Markisa-1 … (proactiveinvestors) [mappress] Source: proactiveinvestors, August 22, 2010;
Euronav NV announced today that TI Africa Ltd., the owner of FSO Africa, has signed a new contract with Maersk Oil Qatar AS (MOQ) for the provision of FSO services on the Al Shaheen field offshore Qatar. Within the limits of its confidentiality obligations, the Company disclosed that the contract ha
When oil was leaking from the stern tube seals of a general cargo vessel, Hydrex mobilized a certified diver-technician team to the vessel’s location in Mobile, Alabama, to perform underwater stern tube seal repairs before the ship was transferred to a new chartering party. Hydrex had already perfor
The Labour Party says safety and environmental issues must be considered when oil exploration permits are granted and the Greens want … (odt) [mappress] Source: odt, August 20, 2010;
Technip announces today that it has agreed with MISC(1) and MHB(2), subsidiaries of the Malaysia National Oil Corporation Petroliam Nasional Berhad (PETRONAS) to establish a long-term strategic collaboration. The areas of collaboration would initially involve working jointly on onshore and offshore
Simen Lieungh (50) will take over as the new CEO of Odfjell Drilling on October 1, 2010. Mr. Lieungh comes from the position of CEO of Aker Solutions and replaces Ketil Lenning, who has been CEO of Odfjell Drilling since 2001. Under Mr. Lenning’s management, Odfjell Drilling has seen significant gro
Oil and gas estimated at between three and 19 million barrels of oil equivalent have been found by Statoil roughly three kilometres east of the Gudrun field in the North Sea. The find was made in the Brynhild prospect where one exploration well was drilled with one technical sidetrack. “The Brynhild
The board of directors of CNOOC Limited today announces that Mr. Fu Chengyu will resign from the role of Chief Executive Officer of the Company and remains the role of Chairman of the Board. Mr. Yang Hua will be appointed as new Chief Executive Officer of the Company and new Vice Chairman of the Boa
Lebanon is keen to start all-out offshore gas and oil exploration by the start of 2012 once interested companies submit their bids next … [mappress] Source: zawya, August 20, 2010;
Two new parliamentary reports are urging the government to take a closer look at threats to Canada’s shorelines and its water from the … By Mike De Souza(canada) [mappress] Source: canada, August 19, 2010;
