Schaeffler has successfully completed the removal and replacement of a drive-end bearing on the pipe-storage and deployment reel on a Subsea 7 pipe-lay vessel, the ‘Seven Navica’. The replacement required Schaeffler engineers to conduct a survey on the condition of the bearing before removing the ex
The government’s new envoy to the restive Caucasus, Alexander Khloponin, said Friday that he would support oil companies such as LUKoil… [mappress] Source: MoscowTimes, May 18, 2010;
DAMEN’s new Multi Purpose Vessel, particularly suited for oil spill response, is set to enter service in the next few weeks in Vietnam after undergoing successful sea trials. Kitted with two large sweeping arms, this is the first time an oil spill response vessel of this type has been operated in As
Managing blowback from the BP oil spill is “job #1″ for Big Oil these days. International petro giant Shell , with headquarters in England and Wales and a significant refinery in Martinez, CA, has announced it will halt its Nigerian offshore oil drilling, while implementing a groundbreaking remediat
The U.S. Coast Guard and U.S. Environmental Protection Agency (EPA) today announced they have authorized BP to use dispersants underwater… [mappress] Source: Epa,May 18, 2010;
The fallout from the Gulf oil spill has claimed its first casualty at the Interior Department. [mappress] Source: AP,May 18, 2010;
Environmental groups have expressed disappointment over the Federal Government’s approval of a series of new offshore oil drilling leases… [mappress] Source: Abcnet, May 17, 2010;
Last February Ezra Holdings Limited, one of the world‘s leading integrated support and marine services provider in the offshore oil & gas… [mappress] Source: Oaktreeadvisers, May 17, 2010;
Oil giant BP succeeded Sunday in connecting a mile-long pipe to help capture oil flowing into the Gulf of Mexico from its damaged well… [mappress] Source: fortmilltimes, May 17, 2010;
Tullow Oil plc (Tullow) announces that it has signed a Heads of Agreement with Staatsolie in relation to Block 47, a 2,369 sq km deepwater exploration licence offshore Suriname. The signing will enable the parties to finalise a Production Sharing Contract for the Block and enhance Tullow’s portfolio
Australian Firm NIDO Petroleum Ltd. said it was on track to meet its target of delivering the first oil from the Tindalo prospect… [mappress] Source: PhilippinesDailyInquirer, May 17, 2010;
Bee Mar LLC announced recently that its latest DP-2 U. S. Flag Platform Supply Vessel (PSV), the M/V Bumble Bee, completed sea trials and entered service in the U.S. Gulf of Mexico. The announcement was made by Bee Mar president and chief executive officer Van C. DeWitt, who added, “The M/V Bumble B
Universal Power Corp. announced today that it has been awarded a Petroleum Exploration Licence (“PEL”) for the offshore Namibian blocks… [mappress] Source: alphatrade, May 17, 2010;
Faroe Petroleum plc, the independent oil and gas company focusing principally on exploration, appraisal and undeveloped field opportunities in the Atlantic margin, the North Sea and Norway,announced that drilling has commenced on the Maria prospect (Faroe 30%), located in the Norwegian Sea. The Mari
