Scorpion Offshore received a letter of agreement (LOA) from two European majors for the use of the Offshore Vigilant jackup in a drilling program offshore Venezuela. The drilling program includes two firm wells, plus two optional wells, with an estimated duration between 240 and 480 days, depending
Ensco plc is hosting a reception this evening at Lancaster House to celebrate the opening of Ensco’s new global headquarters in London. The event is to introduce Ensco as one of the largest global companies to move its legal domicile to the UK. The reception will be attended by major business leader
Aban Offshore Ltd said on Tuesday it secured a contract worth about $187 million for the deployment of a jack-up rig in West Asia for… [mappress] Source:BSE, May 25, 2010;
SSP Offshore Inc. has been notified that a binding arbitration award has been granted in its favour relating to the arbitration with South Riding Point Holding Ltd. The arbitrator has awarded a total of $3,272,313 (U.S.) to a wholly owned subsidiary of the corporation inclusive of legal and arbitrat
Eidesvik can confirm that Viking Poseidon is involved in work at the site of the Deepwater Horizon oil spill in the Gulf of Mexico (GOM) off the coast of Louisianan. Recently, Viking Poseidon was the vessel that lowered the second top hat device as an attempt to stop the leakage from the well. Vikin
Aminex PLC announces that its associated company Korex Ltd.has signed a Production Sharing Contract with the Korea Oil Exploration Company for exploration rights in the Korean East Sea. KOEC is the state oil company of the Democratic People’s Republic of Korea . This agreement replaces an earlier PS
Oceaneering International in the US has announced it was the high bidder to acquire DMT Sapphire from an affiliate of Deep Marine Technology (DMT), under a bankruptcy-sponsored auction proceeding. The bid was US$16.5 million. A bankruptcy court hearing to approve the sale of the class 2 dynamically
Acergy S.A. announced today the award of a contract valued at approximately $120 million, offshore Nigeria in shallow water depths. This contract includes the removal of existing risers and the installation of approximately 15km of new pipelines and associated risers, together with associated diving
Federal Environment Minister Jim Prentice said Monday cordial relations with Greenland will help ensure it adheres to high environmental… [mappress] Source:Calgaryherald , May 25, 2010;
BP today provided an update on developments in the response to the MC252 oil well incident in the Gulf of Mexico. Subsea efforts continue to focus on progressing options to stop the flow of oil from the well through interventions via the MC252 blow out preventer (BOP) and to collect the flow of oil
Cairn Energy and partner Santos have completed a 200-sq km (77-sq mi) 3D seismic survey over the Magnam discovery in the Bay of Bengal offshore Bangladesh. They have also acquired a second 3D survey of around 100 sq km (38.6 sq mi) over part of the Sangu gas field and the South Sangu discovery. Both
OGX Petróleo e Gás Participações S.A. identified gas and condensates in the Santonian section of well 1-OGX-11D-SPS, Natal prospect, located in the BM-S-59 block, in the shallow waters of the Santos Basin. OGX holds a 100% working interest in this block. “Our find at the OGX-11D well marks the begin
Saratoga Resources, Inc. announced that the Company has entered into a 20 year seismic licensing agreement with Seismic Exchange, Inc. (“SEI”) for 42.88 blocks of three-dimensional (“3-D”) seismic data, comprising approximately 400 square miles, located in the state waters of Louisiana. Licensing of
The Havyard Group has signed a contract with Faroe Islands-based Supply Service for an 86-metre Havyard 833 Platform Supply Vessel (PSV) plus one option. The first vessel is to be delivered in March 2012 and the optional vessel in June 2012. The vessels are to be built at the Havyard Group’s shipyar