Transocean Ltd. today reported a fire onboard its semisubmersible drilling rig Deepwater Horizon. The incident occurred April 20, 2010 at approximately 10:00 p.m. central time in the United States Gulf of Mexico. The rig was located approximately 41 miles offshore Louisiana on Mississippi Canyon blo
Mitsubishi Heavy Industries (MHI) has completed a new development related to floating production, storage and offloading units for liquefied natural gas (LNG-FPSO). Mitsubishi has obtained two kinds of approval in principle (AIP) from major international ship classification societies. In tandem with
Tsakos Energy Navigation is reportedly close to signing a contract worth US$620 million for a new ultra-deepwater drillship, to be built at a South Korean yard. The order will be placed on condition that Tsakos firms up a five-year time-charter with a national oil company. The vessel to be ordered w
Oil services company Spectrum said it has started the fourth phase of its seismic programme in the eastern Gulf of Mexico. The statement comes after the USA announced its Gulf of Mexico lease proposals, which called for the exploration and development of new offshore areas including the resource-ric
Aker Solutions has signed a frame agreement with Petrobras to supply 40 subsea trees for the Iara and Guará fields, located… [mappress] Source: Euroinvestor,April 20, 2010;
Flight restrictions affecting Helicopter flights to offshore oil platforms in the UK and Norwegian sectors of the North Sea have been… [mappress] Source: Aberdeenjournal,April 21, 2010;
The number of rigs actively exploring for oil and natural gas in the U.S. increased by 15 this week to 1,491. [mappress] Source: AP,April 20, 2010;
Seismic companies that map vast areas beneath the ocean floor for oil and gas deposits won’t be trolling Atlantic waters with their air… [mappress] Source: Houstinchronicles,April 20, 2010;
EDSA,the leading developer of power analytics solutions for the design, testing, and management of complex electrical power systems, today announced the successful completion of the Factory Acceptance Test for a groundbreaking new electrical power analytics, supervision and diagnostic system, schedu
Yangzijiang Shipbuilders, together with its nonexecutive director Yu Kebing and an unnamed Middle East investor, have offered to buy Singaporebased PPL Holdings for US$155 million , the company said on Saturday. When the deal is completed, Yangzijiang will own 50.1 per cent of PPL Holdings, while th
Lockheed Martin is progressing with Ocean Thermal Energy Conversion. Known as OTEC, this technology leverages the ocean’s natural thermal gradient to generate power. It is in the final design stage for construction of an OTEC pilot plant off the coast of Hawaii that will be capable of generating10 m
Federal scientists have until Oct. 1 to decide what additional research is needed to determine the effects of offshore oil and gas… [mappress] Source:Cnbc,April 14,2010;
CNOOC Limited announced today that the Company has successfully made an important new discovery — Penglai(PL)9-1 in the Eastern Bohai Bay. The new discovery — PL9-1 is located in the Miaoxibei Uplift in the Eastern Bohai Bay. The discovery well PL9-1-2 penetrated oil pay zones with total thickness o
Dresser Masoneilan today announced that it has been named the emergency shutdown device (ESD) supplier for BP’s floating production, storage and offloading (FPSO) vessel in the Plutao, Saturno, Venus and Marte oil fields off the coast of Angola, Africa. Dresser Masoneilan will supply SVI II ESD anal