Search results for: Malay Basin

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  • 20 August 2013
    Business & Finance

    The Board of Directors of Sembcorp Marine appoints Tan Sri Mohd Hassan Marican as Deputy Chairman of Sembcorp Marine. Appointed a director on 1 October 2011, Tan Sri Mohd Hassan Marican also serves as a member on the Board’s Audit Committee.  Mr Goh Geok Ling, Chairman of the Board said “I am pleased that Tan […]

  • 23 December 2015

    Tap Oil and Quadrant Northwest (formerly Apache Northwest) have reached a settlement in a financial dispute regarding a licence in the Carnarvon Basin, offshore Australia.  Tap Oil has reached a settlement with Quadrant Northwest on the basis that Apache’s claim against Tap is dismissed with Apache paying Tap costs of A$50,000 ($36,190), Tap said on Wednesday. On September 1, 2014, Tap […]

  • 30 March 2017
    Business & Finance

    Approximately $200,000 in grant funding is available to municipalities and not-for-profit organizations to implement the Mohawk River Basin Action Agenda, Department of Environmental Conservation (DEC) Commissioner Basil Seggos announced yesterday. The funding is provided by the state’s Environmental Protection Fund (EPF) and administered under DEC’s Mohawk River Watershed Grants Program. “Continued investments that protect waterways […]

  • 12 April 2012
    Business & Finance

    Regarding the seep in the Roncador Field, Brazil’s oil and gas company, Petrobras, announces that analyses have confirmed that the droplets are not oil from any active reservoir in this field or from any other oil produced in the Campos Basin. The seep occurred in the Roncador Field, in the Campos Basin – 120 kilometers […]

  • 20 March 2015

    Brazilian state run oil company Petrobras has said its production from the Santos and Campos basin pre-salt clusters reached record levels in February. On February 26th, records were broken for Petrobras’ own output, which rose to 555,000 barrels per day (bpd), and for output from concessions operated for other companies (including operations run for partner […]

  • 26 November 2015
    Business & Finance

    Dredging operations on the Outer Basin Hull Marina are scheduled to start on 11th December 2015, according to the British Waterways Marinas Ltd. BWML and Hull City Council have been granted the licence to dredge the marina lock approaches in the outer tidal basin. The dredging will take place across the weekend from Friday, 11th December, and […]

  • 30 July 2018
    Business & Finance

    Pacific Basin has returned to the black in the first half of 2018 thanks to the recovery of the dry bulk market.

  • 22 January 2015

    Safe Boreas, a newly built offshore accommodation rig owned by Prosafe, is on its way to Norway. The rig was named at a ceremony in Singapore in October last year. According to the owner, Prosafe, the flotel was delivered from Jurong Shipyard in Singapore earlier this month. The rig is currently sailing through the Strait […]

  • 1 September 2020
    Business developments & projects, Regulation & policy

    Over 350 employees of Germany’s Flensburger Schiffbau-Gesellschaft (FSG) as well as business assets of the struggling shipyard have been taken over by several companies belonging to investment company Tennor Holding.

  • 31 October 2010

    On the morning of October 30 the Panama-flagged tanker Polar, 72.825 DWT, was hijacked some 580 nautical miles East from the island of Socotra, Yemen, the EU Navfor confirms. The Liberia-owned Polar has a crew of 24; of which one is Romanian, three are Greek, four Montenegrin and 16 Filipino.

  • 27 February 2020

    Pacific Basin is keen on enlarging its fleet, but is staying clear from ordering newbuilds.

  • 1 March 2018
    Business & Finance

    An improvement in dry bulk market conditions pushed Pacific Basin into the black during 2017.

  • 12 February 2016

    Eight oil companies have been awarded offshore acreage across fourteen blocks in Ireland’s latest licensing round. The companies have won two-year licensing options over the blocks offered. The round focuses on an area in the southern Porcupine Basin, where a number of applications included commitments to acquire new seismic surveys later this year Joe McHugh, Minister of […]

  • 16 May 2018

    Chevron, the US-based energy company and the operator of the giant Gorgon and Wheatstone LNG projects in Australia, called for a shared development of the Carnarvon basin. 

  • 29 September 2015

    Petrobras informed on Monday that the drilling of the third well in Carcará area (Block BM-S-8), located at Santos Basin’s ultra-deep waters, offshore Brazil, has confirmed the light oil potential in pre-salt’s reservoirs. Well 3-SPS-104DA, informally known as Carcará Northwest, is within the Discovery Evaluation Plan area of discovery well 4-SPS-86B (Carcará) and is located […]

  • 25 March 2014
    Business & Finance, Operations & Maintenance, Research & Development

    Petroleum Geo-Services (PGS), through an agreement with the Petroleum Agency of South Africa, is acquiring approximately 13,000 km MultiClient 2D GeoStreamer® survey covering East Coast basins. The acquisition program is ahead of schedule (approaching 70% complete to date) and has successfully surmounted the many challenges of the area, including strong currents. The data will give […]

  • 6 December 2016

    UK’s Oil and Gas Authority (OGA) informed on Monday that companies can now apply for new licenses to drill for offshore oil and gas in a number of blocks in the Offshore 2016 Supplementary Round. OGA said on Tuesday that the fourteen blocks on offer in the Supplementary Round are outside of the 29th Oil […]

  • 30 December 2013

    Esrey Energy announced the company has entered into a binding agreement to add to its holdings in Poland’s Baltic Basin through the acquisition of additional interest in Saponis Investments. The company and BNK Petroleum Inc. have agreed to acquire the interests of the other two Saponis shareholders on a pro-rata basis. As of December 31, […]

  • 24 October 2014
    Exploration & Production

    Karoon Gas Australia has taken possession of the Olinda Star semi-submersible drilling rig from Petrobras. The rig is currently in the Campos Basin and expected to be on location in the Santos Basin running anchors in the next few days. The rig is expected to spud the Kangaroo-2 appraisal well, offshore Brazil, during the second week of November. The […]

  • 29 July 2019

    Australia’s National Offshore Petroleum Title Administrator has awarded 3D Oil Limited the VIC/P74 permit in the offshore Gippsland Basin. 

  • 17 May 2016

    Oil and gas company Rockhopper Exploration has announced the completion of an independent audit of the Contingent and Prospective Resources of its assets in licences PL032 and PL004 in the North Falkland Basin, offshore the Falkland Islands, confirming it to be a billion barrel basin.  The audit was completed by ERC Equipoise Limited (ERCE). Additionally, the management provided certain updated estimates utilizing the […]

  • 16 March 2017

    Brazil’s Petrobras saw its oil and natural gas production in February totaling 2.82 million barrels of oil equivalent per day (boed), with 2.703 million boed produced in Brazil and 113,000 boed abroad. Average domestic oil output stood at 2.20 million barrels per day (bpd), 1% down on the January figure. This was mainly due to […]