Cooper Energy announced that the Ensco 105 has spud the Fuchsia-1 well in the Gulf of Hammamet, Tunisia. The plan for Fuchsia-1 is to drill to total depth and evaluate the Birsa Formation sandstones by logs. In the event of a discovery, the logging program is expected to provide the necessary inform
US officials have given BP 24 hours to adopt a less toxic dispersant to break up the Gulf of Mexico oil slick amid concerns about spewing… [mappress] Source: adelaidenow, May 21, 2010;
Hyperdynamics Corporation announced it has received payment of $19.6 million in cash from Aberdeen-based Dana Petroleum plc for a previously announced 23 percent participating interest in Hyperdynamics’ oil and gas concession offshore the Republic of Guinea. The payment follows the receipt of final
To coincide with the launch of their new corporate website, Masteel UK Limited is offering a comprehensive range of structural steel grades suitable for the offshore industry. Used in the construction of offshore steel platforms and structures, offshore steel s need to offer good tensile and yield s
Technip has been awarded a contract by Eni for the Kitan field development project. This field is located in approximately 350 meters of water, in an area of the Timor Sea jointly administered by Timor-Leste and Australia, 500 kilometers off the Australian coast and about 250 kilometers south of the
J P Kenny, a subsidiary of Wood Group, is to carry out front end engineering design (FEED) for the subsea development of Apache’s largest-ever gas project, the Julimar Development Project in the Carnarvon basin, offshore Western Australia. Apache, one of Australia’s most active offshore oil & gas ex
Schlumberger today inaugurated a new technology facility in Norway. Terje Riis-Johansen, Minister of Petroleum and Energy for Norway, and Andrew Gould, chairman and chief executive officer of Schlumberger, officiated at the opening ceremony attended by more than 80 guests drawn from oil companies, u
Tidewater Inc. announced today fourth quarter net earnings for the period ended March 31, 2010, of $56.9 million, or $1.10 per share, on revenues of $260.0 million. For the same quarter last year, net earnings were $109.7 million, or $2.13 per share, on revenues of $341.6 million. For fiscal year en
Ruukki has signed an agreement with Aker Solutions of Norway to supply 24 suction anchors in September 2010 from its Kalajoki unit in Finland. Ruukki has supplied also offshore steels for the same project. The suction anchors and offshore steel plates will be used in the Goliat field in the Barents
Statoil and EGL today, 20 May, announced the divestment of a combined stake of 15% in the Trans Adriatic Pipeline Project (TAP) to E.ON Ruhrgas – a leading energy provider. The new shareholder structure of the Trans Adriatic Pipeline project now comprises of EGL holding a 42.5% share, Statoil holdin
Drydocks World has won a contract to build a new state-of-the-art oil well intervention Compact Semi-Submersible (CSS) vessel, representing a third order from integrated energy industries service provider Hallin Marine. The vessel will cost a total of US$110m. Designed by STX Canada Marine Inc, the
Eidesvik Offshore said its subsidiary Eidesvik Shipping has signed a contract with Statoil for platform supply vessel Viking Athene. The lease is valid until 1 April 2011 with 3 month extension option. Terms and conditions of the contract are confidential, according to the announcement. The vessel w
AWE Limited advises that during the last week, Tui SW-2 was drilled to a depth of 1507 metres. The 13 3/8” casing has been run and cemented to a depth of 582 metres. This is shallower than was planned, and was necessitated by continuing difficulty with unstable shallow sediments at the Tui SW locati
Essar Oilfields Services Limited (EOSL) a wholly owned subsidiary of ESPLL, has been awarded its first contract outside India, valued at approx US$ 40 million by Vietsovpetro JV (VSP), an E&P company operating in Vietnam, for drilling a 4,800-m offshore well. EOSL won the contract amidst stiff compe
