Dolphin Geophysical has signed one out of potential three 3D contracts in Africa, as previously disclosed as upcoming work for Polar Duke. If all contracts materialize in line with management expectation, the vessel will be occupied in Africa from December until April 2012. Following a successful lo
In a move that has raised concerns in India, the China Ocean Mineral Resources Research and Development Association (COMRA) has secured… Shivom Seth (mineweb) [mappress] Source: mineweb, November 21, 2011
Eni, through its subsidiary Eni Indonesia, has been awarded today two new Production Sharing Contracts (PSCs) in Indonesia. In the West Papua Province (East Indonesia), Eni has been awarded 100% interest in the Arguni I PSC (5,386 sq. km), located onshore and offshore in the Bintuni Basin. The block
BP announced that it has agreed to sell its interests in the Pompano and Mica fields in the deepwater Gulf of Mexico to Stone Energy Offshore, LLC, a subsidiary of Stone Energy Corp . Under the agreement, Stone Energy will pay BP $204 million in cash. The agreement includes the sale of BP’s 75 per [
The US$700m Africa Coast to Europe (Ace) project to lay a high-capacity, 5,1Tbit/s submarine cable between France and SA is making good… (techcentral) [mappress] Source: techcentral , November 21, 2011
Chevron Corporation reports that its subsidiary, Chevron Brasil Upstream Frade Ltda., continues to work in partnership with Brazilian government agencies to contain, reduce and eliminate the remaining oil sheen in the vicinity of its Frade field. The sheen, estimated at approximately 18 barrels or l
Cyprus Telecommunications Authority (Cyta) and Lebanese Ministry of Telecommunications have confirmed their willingness to look into… (famagusta-gazette) [mappress] Source: famagusta-gazette , November 20 , 2011
Cove Energy plc , the AIM quoted upstream oil and gas company focused on East Africa, through its wholly owned subsidiary, Cove Energy Kenya Limited announces that 3D seismic acquisition has commenced in offshore Kenya licence areas L10A and L10B. After completion of the 3D survey, the vessel will b
FMC Technologies, Inc. announced that its enhanced vertical deepwater tree (EVDT) system has set a new deepwater completion record of 9,627 feet (2,934 meters). The world record depth was achieved at the Shell-operated Tobago field, part of the Perdido development located in the Gulf of Mexico. The
EMGS CEO Roar Bekker and CFO Svein Knudsen presented the third quarter results at Hotel Continental, Oslo. Highlights in the third quarter 2011: * Total revenues at USD 45.5 million for the quarter * EBITDA of USD 11.9 million * Net income of USD 7.5 million * Contract worth USD 90 million awarded b
Tullow Oil operates the block 47 licence offshore Suriname with 100% working interest. Tullow will retain the operatorship and 70% working interest. The agreement is subject to approval from Staatsolie Maatschappij Suriname, the state oil company of Suriname. Block 47 lies in a frontier area in the
Well completion hardware has been installed at a depth of 9627 fsw in the Alaminos Canyon area of the Gulf of Mexico by Oceaneering’s Olympic Intervention IV. Completion of the deepwater well, part of Shell’s Perdido Development, demonstrates the light construction capabilities of Oceaneering Intern
Oil and gas engineering specialist, STATS Group, has appointed Vikas Shangari as business development manager for the Middle East as part of a strategy to expand operations across the Gulf Cooperation Council states. STATS Group design, manufacture and install a range of patented technologies used i
Chevron Corporation confirms that cementing operations are taking place as part of its well plugging activities on an appraisal well located in the vicinity of the Frade field offshore Brazil. Chevron also confirms that there has never been any oil flow from the wellhead and current monitoring indi
