Azonto Petroleum has said that its board is going through a review of “a range of strategic options for the Company to preserve shareholder value and reduce operating costs.” In a statement issued today, the oil & gas company focused on West Africa, said that it is contemplating a sale of its assets
Keppel FELS, a subsidiary of Keppel Offshore & Marine Ltd, has delivered a KFELS B Class jack-up rig to Mexican national oil company, Petróleos Mexicanos (PEMEX). The rig was named Kukulkan by Lady Sponsor Valerie Pahl-Hernandez, wife of Gustavo Hernandez Garcia, Director General of PEMEX Exploratio
Maersk Oil has informed that production has started from the new unmanned platform Tyra Southeast-B, located in the Danish North Sea. According to Maersk, the platform is expected to add reserves of 50 million barrels of oil equivalent (BOE) over the next 30 years to Danish production. “The Tyra Sou
Neptune has been awarded an 18 month Rig Positioning and Mooring Services contract for Apache Energy Limited in Australia. The contract which has two possible 12 month extensions, will see Neptune mobilising survey equipment and personnel on-board the semi-submersible rigs, Ocean America and Ocean M
Wood Group has been awarded a five year, US$ multi-million contract by Total, which includes the option for two, one year extensions. Under the contract Wood Group PSN (WGPSN) will deliver engineering, procurement, construction and commissioning services to four offshore assets and two onshore facil
Toho Gas of Japan said it has entered into a heads of agreement with Malaysia’s Petronas to buy liquefied natural gas. The company plans to take seven to nine cargoes per annum for a period of 10 years starting from April 2017, it said in a statement on Tuesday. The prices will be linked to [&hellip
Toho Gas of Japan said it has entered into a heads of agreement with Malaysia’s Petronas to buy liquefied natural gas. The company plans to take seven to nine cargoes per annum for a period of 10 years starting from April 2017, it said in a statement on Tuesday. The prices will be linked to [&hellip
VAALCO Energy, Inc. has announced that the post-salt Kindele-1 well, its first exploration well on Block 5 offshore Angola, was drilled to a total vertical depth of approximately 1,829 meters. VAALCO started drilling Kindele-1 well on March 2, 2015 with Celtic Sea semi-submersible drilling rig. Acco
Northern Offshore, Ltd. has negotiated a nine month delay in the deliveries of its high specification jack-ups, Energy Engager and Energy Encounter from a shipyard in China. The new delivery dates for these units are December 2016 and June 2017 respectively. President and CEO Gary Casswell commented
During their April 6th meeting at City Hall, the North Myrtle Beach City Council will consider second (final) reading an ordinance to establish a special assessment district regarding the proposed Cherry Grove dredging project. The proposed ordinance officially creates the Cherry Grove Improvement D
McDermott has been awarded a contract to transport and install subsea umbilicals, manifolds, jumpers and flying leads for Chevron to support the brownfield expansion of the Jack and St. Malo fields in the U.S. Gulf of Mexico. McDermott’s subsea construction vessel, North Ocean 102, is expected to tr
Harkand has secured a multi-million pound contract with Maersk Oil North Sea Ltd for the provision of DSV services in the North Sea region. The 12-month contract will be serviced by Harkand’s two DSVs, the Harkand Da Vinci and Harkand Atlantis, supported by project management and engineering from Ha
2015 is set to be a landmark year for Cowes Harbor with the final stages of works on the new detached breakwater commencing in June and construction due to be completed by October. Following a successful winter settlement period of the breakwater’s gravel core, Cowes Harbor Commission (CHC) announce
UniSite Group, a leading supplier for comprehensive service as well as relevant items of dredging, land reclamation, offshore projects, marine engineering, municipal engineering and environmental remediation projects, has taken an active part in Suez Canal Development Project. The company has delive
