Anders Almestad, President Offshore at Rolls-Royce Marine, has issue the following statement regarding the company’s recent acquisition of ODIM ASA. “I am pleased to inform you that on 19 April, Rolls-Royce completed the acquisition process to become the owner of ODIM ASA. Over the coming weeks and
Subsea 7, one of the world’s leading subsea engineering and construction companies is pleased to announce that, as part of its ongoing investment in assets and technology, and following a two year trial in conjunction with SeeByte, that the two companies will collaborate further to bring the first c
Sigma Offshore, which has developed a pioneering mooring and fluid transfer system for oil and gas production vessels, has secured funding totalling US$6.1m from global oil and gas services company National Oilwell Varco (NOV), Scottish Enterprise’s Scottish Venture Fund (SVF) and venture capital fi
SHELL Philippines Exploration B.V. (SPEX) has started to drill an additional exploratory well at the Malampaya gas field. Sources said the company commenced drilling in the Camago-2 well at the Malampaya field in offshore Northwest Palawan on April 25 using its contracted semi-submersible drilling r
China National Offshore Oil Company Limited (CNOOC) announced late Friday it has agreed to acquire U.S.-based Devon Energy Corporation’s… [mappress] XINHUANEWSAGENCY,May 1, 2010;
Canadian Superior Energy Inc. announces today that it has signed an Assignment and Transfer Agreement with BG Tunisia Limited and ENSCO… [mappress] Cansup, May 1, 2010;Image:kfels
ExxonMobil reported its estimated first quarter 2010 results. Chairman Rex W. Tillerson commented, “ExxonMobil achieved solid results from its worldwide operations with first quarter earnings of $6.3 billion, up 38% from first quarter of last year. Our results reflect higher crude oil realizations a
Qatar Petroleum has awarded a contract to Halul Offshore Services Company for providing offshore maintenance and construction support… [mappress] gulftimes,April 28, 2010;
Total announces the signing of an agreement for the sale of its interests in the Valhall (15.72%) and Hod (25%) fields, in the Norwegian North Sea, to BP . This transaction, amounting to $991 million, is subject to partners’ consent and approval by relevant authorities in the upcoming weeks. Located
BP today announced its support for and cooperation with U.S. government investigations arising from the sinking of the Transocean drilling rig Deepwater Horizon in Mississippi Canyon Block 252 (MC252) in the Gulf of Mexico. “Losing 11 of our industry colleagues is a tragedy for the offshore communit
Emergency teams launched a “controlled burn” operation on Wednesday to stop a giant oil slick in the Gulf of Mexico from washing up on Louisiana’s ecologically fragile coast. A fleet of skimming vessels deployed by the US Coast Guard and British energy giant BP were sweeping the most dense concentra
Cochin Shipyard Limited (CSL) on Wednesday delivered a platform supply vessel to Purple Fleet Ltd, an affiliate of Tide Water Marine International of US. This is the 15th platform supply vessel built at CSL. The documents of the ship named ‘Davis Tide’ was signed by Jose Mathew, chief general manage
China National Offshore Oil Company Limited (CNOOC Ltd.) said Wednesday that its total net production increased 31.9 percent year on year to 67.3 million barrels of oil equivalent in the first quarter. The total unaudited revenue of CNOOC Ltd. in the first three months of 2010 surged 118.5 percent t
The U.S. Coast Guard suspended a search on Friday for 11 workers missing after an oil rig exploded and sank into the Gulf of Mexico earlier this week. The 11 workers — who were likely on the deck of the oil rig in the vicinity of the explosion — are presumed dead, the Coast Guard […]
