Ithaca Energy Inc. has provided an operations update ahead of today’s 2014 Annual and Special Shareholders Meeting. Stella Development Drilling Update The third development well on the Stella field, well 30/06a-B1X (“B1”), has been successfully drilled to a total measured depth subsea of 16,185 feet
BG Group announced it had agreed the sale of its equity interest in the Central Area Transmission System (CATS) gas pipeline in the UK North Sea and associated infrastructure to Antin Infrastructure Partners for total proceeds up to £562 million, or approximately $954 million at current exchange rat
AWE Limited, as Operator of Petroleum Mining Permit 38158 offshore Taranaki, New Zealand, reports that the Oi-2 exploration well has drilled a 17 1/2″ hole to the planned section target depth of 550 metres and that installation of the 13 3/8 inch casing has been completed. As at 06:00 hours (6.00am)
LNG player Woodside said it has signed a binding buy-back agreement with Shell Australia to purchase 78.3 million Woodside shares from Shell via a selective buy-back at a price of US$2,680 million. This represents approximately 9.5% of Woodside’s issued share capital. The proposed buy-back price of
DeepWater Buoyancy has been awarded a major contract to supply flotation to the University of Washington’s Applied Physics Laboratory for the cabled observatory component of the Ocean Observatories Initiative (OOI). The OOI, a project funded by the National Science Foundation (NSF), is planned as an
DOF has been awarded a one year contract from Petrobras for Skandi Chieftain. The contract will commence in June and in direct continuation of the existing contract with the same client. DOF ASA is an international group of companies which owns and operates a fleet of modern offshore/subsea vessels,
CAMAC Energy Inc. has announced that the Oyo-8 development well was spudded on June 15, 2014. The Oyo-8 well is located offshore Nigeria in OML 120, where CAMAC Energy is the operator and owns a 100% working interest. This development well lies within the Oyo field, which was one of the first deepwa
OceanGeo B.V., a geophysical company specializing in multicomponent ocean bottom seismic (OBS) acquisition, announced that it has been awarded a contract by a major European oil & gas company to acquire a substantial 3D ocean bottom seismic survey offshore Republic of Congo. Acquisition is expected
ION Geophysical Corporation announced that it has entered into an agreement to increase to 100% its ownership of ocean bottom seismic (OBS) acquisition company OceanGeo B.V. ION acquired 30% of OceanGeo in February 2013 and increased its ownership to 70% in January 2014. Brian Hanson, ION’s Presiden
Beach Energy Limited has executed a binding sale and purchase agreement (SPA) for the purchase of a 20% interest in the T/49P offshore exploration permit in the Otway Basin from 3D Oil Limited. In addition to this, Beach and 3D Oil have established a new joint venture by executing a joint operating
SEAMEC, a leading provider of Diving Support Vessel (DSV) based diving services, informed that the vessel SEAMEC III has completed charter with M/S Leighton Welspun Contractors Pvt. Ltd. on 15th May, 2014. SEAMEC III secured the contract with M/S Leighton Welspun Contractors Pvt. Ltd., for two seaso
The technology company The Linde Group has been awarded a contract by Arctech Helsinki Shipyard of Finland to build a liquefied natural gas (LNG) fuel gas system for a new icebreaker for the Finnish Transport Agency. The vessel has been designed especially for the demanding icebreaking operations in
Wuchang Shipbuilding Industry said it has signed a contract with Anhui Huaqiang Natural Gas to build three LNG bunkering barges for the Chinese market. The total value of the contract will be about RMB100m. Anhui Huaqiang Natural Gas plans to order another 10 LNG bunkering barges at Wuchang Shipbuil
The Board of Thalassa has announced that WGP Group has completed mobilisation for the first 2014 permanent reservoir monitoring survey over the Snorre field in the North Sea. The first good shot point has been achieved and production is underway. Statoil’s D-PMSSTM unit has been mobilised on the M/V
