Serica Energy plc today announces its financial results for the three and six months ending 30 June 2010. Highlights: Operational: •Production rates at Kambuna increased during first half of the year – average gas sales of 35 mmscfd in June and 39 mmscfd in July •Kambuna field operator has reduced i
BP announced today that the MC252 well appears to have reached a static condition — a significant milestone. The well pressure is now being controlled by the hydrostatic pressure of the drilling mud, which is the desired outcome of the static kill procedure carried out yesterday (US Central time). P
Brazilian port logistics company Wilson, Sons will focus its capital expenditure on expanding its fleet and shipyards over the next few… By Daniel Bland (Business News Americas) [mappress] Source: bnamericas, July 29, 2010:
The C-NLOPB that Husky Oil Operations Limited’s White Rose Development Plan Amendment, West White Rose Pilot Scheme, has been approved. The proposed pilot scheme is an amendment to the existing White Rose Development Plan (Decision 2001.01). The objective of the pilot scheme is to obtain additional
Aberdeen-based oil services group OEG Offshore (OEG) has won a £400,000 ($600,000 USD) contract with offshore deepwater drilling firm Seadrill. OEG secured a deal to deliver a workshop, containers, baskets and specialist units for use on board Seadrill’s deepwater drillship West Gemini, which will b
VAALCO Energy, Inc. today provided a further update on the Southeast Etame No. 1 (“ETSEM-1”) exploration well which, as previously announced, was drilled to a total depth of 2,757 meters (9,045 feet) offshore Gabon encountering approximately five meters (sixteen feet) of Gamba sandstone section whic
SeaBird has been working closely with the BP Macondo Team to provide high-resolution autonomous node seabed seismic data at the well site in the Gulf of Mexico. The node technology is used because of the ultra-deep water capability and the versatility of the separated sensor package, allowing direct
Marathon Oil Corporation today reported second quarter 2010 net income of $709 million, or $1.00 per diluted share. Net income in the second quarter of 2009 was $413 million, or $0.58 per diluted share. For the second quarter of 2010, net income adjusted for special items was $792 million, or $1.11
IDC Energy Insights today announced the availability of a new perspective, IT Impacts from the BP Oil Spill . The document indicates that broad Federal and State regulatory and policy changes initiated as a result of the recent BP oil spill, will significantly increase regulatory requirements relate
Singapore, August 3, 2010 : Sembcorp Marine achieved a 28% increase in net profit to $176.1 million from $138.1 million in 2Q 2009. Group turnover at $1,097.9 million was 27% lower as compared with $1,497.6 million for the corresponding period in 2009. Group operating profit at $202.3 million was 21
Leading international oilfield service company Expro today announces the signing of a $100million, multi-year contract with TS Marine Asia Pacific, to supply the Havila Phoenix vessel, together with ROV and other associated services, to deploy the AX-S™ subsea well intervention system. The broad tec
Global shipping and energy services firm, the Craig Group, has announced a multi million pound investment in four new emergency response and rescue vessels. (ERRVs) It is anticipated that the new vessels have the potential to create an additional 120 jobs in the North Sea marine industry. Managed by
Malta’s economy would totally collapse if an oil accident were to happen in the Mediterranean, according to Nature Trust. [mappress] Source:TheSundayTimes, Malta, August 3, 2010:
Favelle Favco Bhd, through its subsidiaries, has secured several orders with a combined value of about RM106.4mil for the supply of tower… [mappress] Source:Star(Malaysia), August 3, 2010
