Planned Investment Expects to Provide Severely Needed Offshore Oil and Gas Training and Create New Jobs in the Houston, Texas Area. The principle partners at Offshore Tech Academy LLC, (“OTA”) announced their intended designs to build a sizeable training campus which will encompass a multi-disciplin
APL, a division of BW Offshore, has signed a contract with ENI Norge AS for the supply of a complete offloading system. The system will be installed on the Goliat FPSO, which will operate in the Arctic waters of the Norwegian Continental Shelf. The offloading system is based on the Stern Discharge S
In reference to the announcement made on May 3, 2010, Sevan Marine ASA, on behalf of its wholly owned subsidiaries, and E.ON Ruhrgas UK E&P Limited, as operator on behalf of the Huntington owners, have agreed to extend the Exclusivity Period from June 30, 2010, to August 16, 2010, to allow for the c
Technip has been awarded by BP two significant contracts, with a combined total value in the region of £100 million (€120 million). The first award, a three year diving repair & maintenance (R&M) frame agreement contract with two further one year options, covers all diving and R&M activities for BP’
Cairn announced that it has commenced drilling operations on the Alpha prospect (Alpha-1) in the Sigguk Block, approximately 175 kilometres offshore Disko Island, west Greenland. The Stena Don, a fifth generation semi submersible and the Stena Forth, a sixth generation drillship, are to carry out th
AWE Limited advises that at 0600 hours today (NZ time) the Kahu-1 well was drilling ahead at a measured depth of 1,350 metres. The Kahu-1 well is an exploration well within PMP 38158, located approximately 3 kilometres east of the producing Tui oil field. Kahu-1 will test the Kapuni group sands with
Representatives from Vietnam and Venezuela’s oil and gas industries officially signed a contract in capital Caracas on June 29 to found the PetroMacareo joint-venture in plot Junin 2 in the Orinoco belt, Venezuela. The ceremony was witnessed by Vietnamese Deputy Prime Minister Hoang Trung Hai and ma
Acteon completed its previously announced acquisition of IOS Holding AS and its subsidiary IOS Offshore AS from Norse Cutting & Abandonment AS. Established in 1986, IOS Offshore is a leading supplier of mooring equipment and services to the Norwegian offshore oil and gas industry. The company has it
Statoil has awarded Aker Solutions a significant part of the frame agreement for inspection services on all of their offshore installations and onshore plants in Norway. The contract period is for four years with options for further extensions up to four years. The yearly volume of the contract will
Total announces the acquisition of a 20% interest from Shell in the BM-S-54 license in the Santos Basin. Shell holds the remaining 80% and keeps the operatorship. This acquisition is subject to approval from the Brazilian authorities. The offshore block, located about 200 kilometres south of Rio de
Statoil is entering into frame agreements involving maintenance and modification work valued at NOK 49 billion (USD 7,6 billion), options included. The agreements, which have duration of four years with two two-year extension option, will occupy more than 5,000 people during the period. Five compani
Seadrill has taken delivery of the new deepwater drillship West Gemini from the Samsung Shipyard in South Korea. The unit was delivered on budget and one day ahead of original delivery schedule. The vessel will carry out a simulated drilling operation in Korean waters before relocation to Angola in
Brazil’s National Petroleum Agency, or ANP, was notified of the discovery over the weekend. The well also tested positive for oil earlier… [mappress] Source: Mercopress, June 30, 2010;
Saratoga Resources, Inc. today announced that the continuing, well-publicized, Gulf of Mexico oil spill is not anticipated to have any material impact on its current or future operations, including its in-field development and drilling program. In a letter to its shareholders, posted today on the Co
