Maersk Supply Service has signed a contract with Chilean shipyard Asenav for two innovative new offshore vessels with an option for – up to – four additional vessels. The project value for the two vessels is close to USD 200 million. The vessels will replace existing vessels operating in the Canadia
Wood Group, the international energy services company, issues the following pre-close trading update for the year to 31 December 2011. Full year results for the year will be announced on 6 March 2012. Overall, the Group expects to deliver good growth, with performance for the year in line with expec
Carnarvon Petroleum Limited provides shareholders with the following update covering its interests in the Bedout sub-basin, offshore Western Australia. Carnarvon’s interests comprise 50% in exploration permits WA-435-P, WA-436-P, WA-437-P and WA-438-P and 100% in exploration permit WA-443-P. Farm-ou
Nido Petroleum Philippines Pty Limited , as Operator of Service Contract 54A (‘SC 54A’) and Service Contract 54B (‘SC 54B’), announces the successful completion of the combined SC 54A Lawaan/Libas and SC 54B Pawikan 2D seismic surveys on 10 December 2011. Nido’s partners in SC 54A are Yilgarn Petrol
FMC Technologies, Inc. announced that its Board of Directors has approved the repurchase of 15 million shares of its issued and outstanding common stock. This program is in addition to the Company’s existing share repurchase program, which had 3.3 million shares available for purchase as of Septembe
Chevron Corporation said a Brazilian federal district prosecutor has told reporters that he will file a civil lawsuit against Chevron and other companies seeking a reported 20 billion reais ($10.7 billion) in damages, and an injunction stopping Chevron’s activities in Brazil. “Chevron has not receiv
Hyperdynamics Corporation announced an operational update of the Sabu-1 exploration well in its concession offshore the Republic of Guinea. The Sabu-1 exploration well has drilled to its current depth of 1,440 meters, which they discussed in the operational update on November 9th. Since that update,
An environmental impact assessment published in November 2011 is the latest study to declare EM surveying environmentally benign, EMGS announced. The environmental impact assessment commissioned by the International Association of Geophysical Contractors (IAGC) concludes that EM sources, as currentl
A high count optical wet-mate HYDRALIGHT is currently under development with a maximum of 48 Angled Physical Contacts (APC) optical channels using a modular approach, announced SEA CON. The external size is identical to the current standard field proven 8-channel HYDRALIGHT family of connectors with
With the opening of a new office in Perth, Kvaerner is boosting its presence in the oil and gas hub of the Asia Pacific region. – I am excited by the opportunities the Australian market represents, Kvaerner’s president and CEO, Mr. Jan Arve Haugan, said at the opening of the Perth office on December
Vallourec subsidiary, Serimax, a full service welding specialist, has appointed Frederic Castrec as managing director to replace David Williams. Mr Castrec joined Serimax in 1996 as a welding engineer and held a number of senior positions, including Chief Operating Officer, prior to taking over the
Offshore engineering specialists, Aquaterra Energy Ltd has opened an office in Cambridge, UK to develop the analysis service currently offered by the business to global oil and gas companies. Norwich-based Aquaterra Energy has been offering a Riser Analysis service since the company’s inception in 2
Leading energy services company Senergy has appointed a vice president (VP) of resources to further strengthen the company’s commitment to building and developing its global talent pool. Taking up the role is Vivien Broughton who, through her broad oil and gas career, has established an impressive t
An Autonomous Underwater Vehicle (AUV) manufactured by Hydroid, Inc., a subsidiary of Kongsberg Maritime and the leading manufacturer of AUVs, has discovered the wreckage of a helicopter that crashed in Svalbard, Norway in 2003. The helicopter’s crew escaped alive, but the wreck had not been seen si
