CNOOC Limited (the “Company”) announced that Panyu 4-2/5-1 oil field adjustment project and Liuhua 4-1 oil field located in the Pearl River Mouth Basin of South China Sea, successfully commenced production. Panyu 4-2/5-1 oil field has an average water depth of about 100 meters. The adjustment projec
DeepOcean AS (“DeepOcean”), a subsidiary of DeepOcean Group, has been awarded a call-off under the current long-term frame agreement for offshore Light construction and survey services for Statoil. Estimated contract value is more than NOK 100 million. The frame agreement includes services covering
Noble Corporation announced that it is working cooperatively and diligently to rectify deficiencies and maintenance issues raised by the U.S. Coast Guard during a recent inspection of the Company’s drillship, the Noble Discoverer. The inspection followed a successful drilling season in offshore Alas
McDermott International, Inc. (“McDermott”) announced that one of its subsidiaries has signed a contract for the design and construction of a new high-spec, highly capable dynamically-positioned combination S-Lay vessel with a 2,000-ton crane. The vessel, tentatively named Derrick Lay Vessel 2000 (“
Chevron Corporation announced further drilling success by its Australian subsidiary in the Exmouth Plateau area of the Carnarvon Basin, a premier hydrocarbon basin. The Pinhoe-1 exploration discovery well encountered approximately 197 feet (60 meters) of net gas pay in the Barrow and Mungaroo Sands.
Keppel Offshore & Marine Ltd’s (Keppel O&M) subsidiaries have secured three new contracts – worth a combined value of S$420 million (USD 343 mln) – to bring the group’s total order wins for 2012 to S$9.9 billion (USD 8.1 bln). Mr Tong Chong Heong, Chief Executive Officer of Keppel O&M, said, “With t
Additional early restoration projects totaling about $9 million will begin along the Gulf Coast in 2013, according to the Deepwater Horizon oil spill Natural Resource Damage Assessment (NRDA) trustees. Following a 30-day public comment period on the “Deepwater Horizon Oil Spill Phase II Early Restor
Trapoil, the independent oil and gas exploration and appraisal company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, provides an operational update with regard to the Romeo well and the Athena acquisition. Romeo Well Operations are continuing on the Romeo (Licence P.1666, Blo
Aker Solutions has signed a contract with Marathon Oil Norge for the delivery of subsea trees to the Alvheim field on the Norwegian continental shelf. Contract value is undisclosed. The contract includes the delivery of four subsea trees and associated equipment. The contract is part of the frame ag
Statoil is expanding its exploration portfolio through the acquisition of 25% participating interest from Vale SA in BM-ES-22A in the Espirito Santo Basin offshore Brazil. BM-ES-22A is comprised of the two Blocks ES-M-468 and ES-M-527. Petrobras is the operator with 75% equity and Vale holds a 25% s
FMC Technologies, Inc. announced that it has signed an agreement with Statoil for the supply of additional subsea equipment for the Snorre field. The order has an estimated value of $33 million in revenue. Under the terms of the agreement, FMC Technologies will provide 10 production risers and tieba
Tribute Resources Inc. (“Tribute”) announces that it is continuing to diversify its renewable energy portfolio and will extend its geographic reach by actively participating in the development of tidal power generation in and around the British Columbia Gulf Islands. Tribute has entered into an arra
Orkney Islands Council is calling for urgent talks with ministers after the announcement about the delay of cable upgrade from Orkney to Caithness until 2018, Herald Scotland reports. According to SSE, the cable linking wave, wind and tidal developments to the mainland will be completed in 2018 at t
Recently OAO Sovcomflot held a grand opening ceremony for its new training & engineering centre (TEC) in Saint-Petersburg. This unique centre will provide special training for the company’s captains and senior officers in preparation for navigation in the challenging climatic conditions of the Arcti
