Marcon International in the US has announced the delivery of two new DP1, 5,150 bhp, 1,350 tonnes deadweight anchor handling tug supply vessels to Nigerian buyers. Opu Tamuno 1 and Ibi Teme were constructed at Zhanjiang Haibin Shipyard in China. Initially the units were commissioned on speculation b
Pro-Dive Marine Services in Canada has taken delivery of a Cougar-XT ROV from Saab Seaeye. David Squires, president of Newfoundland-based Pro-Dive, says the Cougar-XT will bring an important inspection and electric work ROV resource to Canada’s East Coast oil and gas sectors. It makes an important a
Iran plans to increase the production at the South Pars gas field to 9.4 billion cubic feet per day, executives said during talks with… [mappress] Source: UPI, May 12, 2010;
After a rapidly freezing mix of natural gas and water derailed attempts to place a big underwater dome on top of a deepwater well leaking… [mappress] Source: nypost, May 12, 2010;
ILX Group plc, the best practice training company, today announced that it has won a major global contract to help KCA DEUTAG, a major international drilling contractor, to deliver project management training across 22 countries. ILX will host a secure e-learning platform to deliver both the APM Int
Bontan Corporation Inc. announced that it has closed its previously announced non brokered private placement financing, pursuant to which it has issued 37,750,000 Units at a price of US$0.20 per Unit to raise aggregate gross proceeds of US$7,550,000. Each Unit consists of one common share of the Com
Salamander Energy has successfully completed Phase IV of development drilling on the Bualuang oil field, Block B8/38, offshore Gulf of Thailand. The Vantage Emerald Driller jackup rig arrived on location on March 26, 2010, for a drilling program at Bualuang that comprised the side-track of three exi
Det norske oljeselskap ASA has discovered more oil in Draupne. The oil discovery ranks as one of the largest on the Norwegian shelf in recent years and a fast development is likely. A combined development of Draupne and the two neighbouring discoveries Hanz and West Cable holds total estimated recov
Serica Energy announces that on Monday 10th May it commenced drilling the Conan exploration well in Block 113/26b in the East Irish Sea. The well will be drilled by the Ensco 80 jack-up drilling rig to a depth of approximately 5,000 feet and is anticipated to take approximately 24 days to drill. Con
Total has signed an agreement with ConocoPhillips to acquire a 24.5% interest in the Arafura Sea and the Amborip VI blocks in the Arafura Sea, offshore Indonesia. With this agreement, ConocoPhillips, operator of those two blocks, will now hold a 75.5% working interest in the Arafura Sea block. In th
Valiant Petroleum announced that its operated Tybalt exploration well 211/8c-4 (License P1632) has discovered hydrocarbons in the targeted Upper Magnus Sand Formation within the eastern ‘T2’ pinch-out prospect East Tybalt having intersected a gross oil column of 278 feet (85 meters). Initial log whi
BW Offshore has received an authorization to proceed with the completion of the FPSO OSX-1. The FPSO is owned by OSX and will operate for OGX on the Waimea oil field in the Campos Basin offshore Brasil. The scope of work includes among others topside modifications and the delivery of a Submerged Tur
Teekay Offshore Partners (Teekay Offshore or the Partnership announced that Chief Executive Officer Peter Evensen will deliver a presentation at the National Association of Publicly Traded Partnerships 2010 Master Limited Partnerships (MLP) Investor Conference in Greenwich, Connecticut on May 12, 20
Malaysia-based international company, Bumi Armada Berhad,announced the launch of Armada Tuah 85 – the last of their 20 vessel new build programme, Steel on Water 1. The 8000 BHP class AHTS (anchor handling tug and supply) vessel was safely launched on 27 April at 10 am local time, at the shipyard in
