McDermott International, Inc. announced today that one of its subsidiaries has been awarded two projects for a customer in the Arabian Gulf. The value of these contracts is approximately US$900 million and is included in McDermott’s first quarter 2013 backlog. The first project includes engineering,
DeepOcean has been awarded a 20 months extension of the Atlantic Challenger contract with offshore contractor Constructora Subacuatica Diavaz, S.A. de C.V. (Diavaz), in Mexico. DeepOcean was awarded the existing contract in 2011 and the Atlantic Challenger has been working in Mexican waters for many
Following the successful completion of the pre-production well test in September 2012 and a new 3D seismic survey, Xcite Energy announces the results from its updated reserves assessment report as prepared by TRACS. Highlights · Mean PIIP for the Bentley field of 909 MMstb, increased from 550 MMstb
Tap Oil Limited announces the award by the Accra Joint Venture of the Drilling Rig Services contract for the drilling of the Starfish prospect to Stena Drilling. The Starfish-1 well will be drilled by the Stena DrillMAX, Dual Derrick Drillship which has recently drilled eight efficient and successfu
Technip was awarded by Total E&P Congo a major lump-sum contract for the engineering, procurement, supply, construction, installation (EPSCI) and pre-commissioning for the Moho Nord development project. This project is located approximately 75 kilometers off the coast of the Republic of the Congo, a
1. Philippines: NAVSEA Supports Removal Operations of USS Guardian Naval Sea System Command’s (NAVSEA) Supervisor of Salvage and Diving (SUPSALV) continues to support operations to remove and dismantle USS Guardian (MCM-5) from a reef in the Tubbataha Reef National Park in Philippines. 2. Platform n
A working meeting between Alexey Miller Chairman of the Gazprom Management Committee and Alexander Khoroshavin, Governor of the Sakhalin Region took place in Saint Petersburg. It was noted that Gazprom was going to start natural gas production in 2013 from the Kirinskoye gas and condensate field und
The Albanian Ministry of Economy, Trade and Energy and the Trans Adriatic Pipeline (TAP) project have signed the Host Government Agreement (HGA), formally agreeing the terms of engagement for the Southern Gas Corridor pipeline’s future delivery. The HGA sets out the regulations by which the project
Today Alexey Miller, Chairman of the Gazprom Management Committee, updated Russian President Vladimir Putin on the progress with the Nord Stream and South Stream gas transmission projects. The President tasked Gazprom CEO to get back to developing the Yamal – Europe-2 and gas branch to the Kaliningr
The Department of Transport, Tourism and Sport has been advised that CGG, on behalf of Fastnet Oil & Gas Ireland Limited, is scheduled to carry out two full 3D Seismic surveys in the Celtic Sea, off the South Coast of Ireland. The works are expected to commence in late April 2013 and expected durati
Total E&P Norway AS has awarded IKM Operations AS MIEC (Maintenance and Inspection Engineering Services) and GMC (General Maintenance Services) contracts for Martin Linge field. Estimated contract value is approximately NOK 400 million. The contracts involve a comprehensive Maintenance and Inspectio
The Department of Transport, Tourism and Sport has been advised that ENI Ireland BV plans to conduct a 2D seismic survey in the Atlantic waters of the Irish Designated Continental Shelf. The planned start of the survey is mid-April 2013 and, if weather permits, will continue until mid-October 2013.
Providence Resources P.l.c., (‘Providence’) the Irish oil and gas exploration and development company, provides a resource update on the Barryroe oil field in the North Celtic Sea Basin, offshore Ireland. Providence (80%) operates Barryroe on behalf of its partner Lansdowne Oil and Gas plc (20%). Th
Octanex N.L. advises that a 3D seismic survey, to acquire approximately 590km2 of new 3D data from within and adjacent to PEP 53473 (Permit), has commenced. The survey has been named Kokako. The Company’s 50% interest in the Permit is held by its wholly-owned subsidiary, Octanex NZ Limited (Octanex
