Efforts are still being made to secure another company willing to share the cost of drilling a new well on the UK Northern North Sea Leopard prospect with prospect partners hoping drilling can start before the end of the year Operated by Elixir Petroleum, Leopard lies in UK block 211/18b in licence
Keppel Shipyard’s excellent track record sees it secure contracts amounting to $110 million for the upgrading, modification and conversion of three vessels from as many customers. The first contract is from Bumi Armada Berhad, for the upgrading and conversion of a tanker into a floating production s
Oslo, 29 July 2008: Aker Yards and FLC West have completed the previously announced transaction in which FLC West comes in as a 70 percent shareholder in three shipyards in Germany and Ukraine. The agreement has been approved by all relevant regulatory authorities. The transaction strengthens Aker Y
Angola’s state owned oil company, Sonangol, has given the go-ahead for the development of a series of deepwater oil discoveries in Block 31, offshore Angola. StatoilHydro has a 13.33 percent stake in the licence, for which BP is operator. “The Block 31 developments programme is based on a standardis
31/07/2008 At 07.00 BST (08.00 CEST and 02.00 EDT) on Thursday July 31, 2008 Royal Dutch Shell plc released its second quarter results and second quarter interim dividend announcement for 2008.
Release date: 29 July 2008 Download the full version of our second quarter results using the link below. Second quarter 2008 results (SEA) (pdf, 183KB) A webcast presentation was hosted by Tony Hayward, Chief Executive Officer, and Byron Grote, Chief Financial Officer. The presentation discussed BP’
Industry association Oil and Gas UK is holding its next industry seminar in early September to discuss the European gas market. The late summer breakfast seminar will examine how the gas market in Britain is evolving amid changes in the sources of supply and operating circumstances. “With indigenous
Endeavour Energy has filed an environmental impact statement covering the Rubie II development in the UK sector of the North Sea. Planning for the project involves a further production well to develop the Rubie field in block 15/28b covered by licence P226 which is to be tied back to the existing Re
The Nevelsk fishery port is put up for an auction, Interfax quoted head of the Nevelsk region Vladimir Pak as saying. According to V.Pak, the auction is scheduled on August, 26. it will be held in Moscow. The opening price is about 134 mn rubles. At the same time the Russian Federal Property Fund di
Following its 35,000 mile journey around the globe onboard Hull & Humber, the Wilberforce Petition which calls for the abolishment of modern day slavery returned to the city of Kingston-upon-Hull yesterday. The Wilberforce Petition was handed back to the Mayor of Kingston-upon-Hull, Elaine Garland,
Scotland’s Underwater Centre in Fort William has extended the depth of its relationship with offshore contractor Subsea 7 by providing training for 11 of its inspection engineers in commercial diving and ROV use. The team of 11 are undergoing an intensive training programme to equip them for subsea
Monaco – Two important rendez-vous in September for those who would like to visit and test our boats: Wally exhibits at the Festival International de la Plaisance de Cannes, France, 10-15 September and at the MonacoYacht Show, 24-27 September. In Cannes we are located in the Jetée Albert Edouard Sud
Oslo, 29 July 2008: Aker Yards and FLC West have completed the previously announced transaction in which FLC West comes in as a 70 percent shareholder in three shipyards in Germany and Ukraine. The agreement has been approved by all relevant regulatory authorities. The transaction strengthens Aker Y
The Protocol for the 33rd America’s Cup was revealed on Thursday afternoon, detailing the broad outlines of the next event. Among the highlights was the introduction of a new class of boat, to be 90 feet in length overall, sailed by a crew of around 20 sailors. The final design rule for the new clas
