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  • 23 June 2014

    Thailand’s PTTEP signs MOU to develop remotely operated vehicle which will carry out surveys around its platforms. Asdakorn Limpiti, Acting Executive Vice President for Technology & Sustainability Development Group of Thailand’s oil company PTTEP, jointly signed a Memorandum of Understanding (MOU) with the Training Department of the Southeast Asian Fisheries Development Center (SEAFDEC/TD), King Mongkut’s […]

  • 10 April 2013
    Business & Finance

    Norway’s Siem Offshore, an owner and operator of offshore support vessels, has signed a charter contract with Mariner Platforms Limited for its Multipurpose field & ROV Support Vessel “Siem Marlin”. The 93.60 m long vessel, built in 2009, will begin its one-year firm contract this month. Financial details were not disclosed. The Siem Marlin is a diesel electric […]

  • 17 May 2013

    Intertek has invested £900,000  in a new Malaysian regional centre which will bring enhanced services to the exploration and production (E&P) sector in the region. Based in Kuala Lumpur, the facility boasts two laboratories and will allow Intertek to significantly expand its locally delivered services for its existing E&P business in the region. It will […]

  • 19 March 2012
    Business & Finance

    The well is being drilled by the Sedco 704 semi-submersible rig and is anticipated to take 35-40 days to complete.

  • 3 February 2011
    Business & Finance

      Anadarko Petroleum Corporation  today announced that Bob Daniels, Sr. Vice President, Worldwide Exploration, will present at the Credit Suisse Energy Summit in Vail, Colorado, on Feb. 8, 2011 at 8:45 a.m. Mountain (MST). A link to the webcast presentation will be available at The replay and slide presentation also will be available on […]

  • 5 March 2013
    Business & Finance

    STX OSV Holdings Limited, one of the major global designers and shipbuilders of offshore and specialized vessels, has announced that the STX OSV Group of companies will adopt the new brand name VARD. The adoption of the new name, logo and brand identity follows the sale of STX Europe’s majority stake in the company to […]

  • 27 March 2012
    Business & Finance

    A London-based oil and natural gas exploration and production company, Afren Plc, today reported a record turnover of US$597 million for the full year 2011 which represents an 87% increase when compared to the last year’s US$319 million. The company’s 2011 profit nearly tripled, rising 172% from US$46 million in 2010 to US$125 million in […]

  • 17 February 2012
    Business & Finance

    Anadarko Petroleum Corporation yesterday reported the successful results of the Heidelberg-2 appraisal well, situated in Green Canyon block 903 in the deepwater Gulf of Mexico, which encountered approximately 250 net feet of oil pay in high-quality Miocene sands. The appraisal well was drilled to a total depth of 31,030 feet in approximately 5,000 feet of […]

  • 12 December 2011
    Business & Finance

    FoundOcean hit a milestone in its 45 year history in November, with a record number of personnel mobilised on offshore projects. “This is a very exciting and busy time for FoundOcean. The success of the company relies on the dedication and skill of our offshore personnel who provide our clients with the high quality, safe […]

  • 10 May 2012
    Business & Finance

    Norway’s Ulstein Verft yesterday succesfully launched a new PSV, Blue Prosper (Yard no. 294), the second of two medium-sized platform supply vessels (PSV) of the new PX121 design from ULSTEIN® for Blue Ship Invest. The platform supply vessel was launched from the dock after the final paintwork had been carried out inside the dockhall. The […]

  • 15 February 2012
    Business & Finance, Equipment

    Viper Subsea, the Bristol based supplier of subsea systems and products to the global oil and gas industries is making progress in exporting its range of services and products to the global marketplace, with recent success in the increasingly important Brazilian offshore fields. The company’s V-LOCK® hydraulic stab plate has been specified for use on […]

  • 20 February 2012
    Business & Finance

    E.ON, in close cooperation with the partners in the Pruduction Licence PL558 has completed the work program, comprising seismic re-processing and G&G studies, which has confirmed the prospectivity within the area. The partnership has therefore decided to drill an exploration well within the license, which is located to the south of the Skarv field (where […]

  • 7 March 2012
    Business & Finance

    Membership with ITF allows PTTEP to tackle the issues associated with unconventional reservoirs and operational technology challenges in a joined up approach with other oil and gas operator

  • 4 April 2011
    Business & Finance

    ConocoPhillips has recently awarded Aibel several contracts for modification work at the Ekofisk field. The value of the contracts is approximately NOK 280 million. Aibel is carrying out modifications on several of the platforms at the Ekofisk field in order to hook up a new wellhead platform (2/4-Z) in 2013. Aibel is also hooking up […]

  • 29 April 2011

    ExxonMobil has formally submitted its application to develop the Hebron oilfield — outlining heftier production platform costs, an … By Moira Baird (The Telegram) [mappress] Source:The Telegram, April 29,2011;

  • 29 August 2012

    Offshore oil and gas operators in the Gulf of Mexico are evacuating platforms and rigs in the path of Hurricane Isaac. Based on data from offshore operator reports submitted to the Bureau of Safety and Environmental Enforcement as of 11:30 a.m. CDT yesterday, personnel have been evacuated from a total of 503 production platforms, equivalent to […]

  • 28 February 2011
    Business & Finance, Equipment

      Leading international oilfield service company Expro announces today that it has secured a new subsea contract in the UK. TAQA Bratani has awarded Expro with a 12-month subsea contract in the North Sea. The contract will see Expro provide TAQA with large bore landing strings for their 2011 work scope, which includes the Falcon […]

  • 9 September 2010
    Business & Finance

    Chevron Corporation announced that it has been granted approval by the Liberian government to acquire a 70 percent interest and operatorship in three deepwater concessions in Liberia. “We are very pleased to participate in Liberia’s emerging energy sector,” said Chevron Vice Chairman George Kirkland. “Entry into this large prospective offshore area allows us to advance […]

  • 29 April 2011
    Business & Finance

      Ulstein Design & Solutions has signed two ship design contracts with the Brazilian Shipyard Alianca S.A for the building of two ULSTEIN PX105 platform supply vessels with the X-BOW® hull line design for the Brazilian shipowner CBO. The contracts are worth approximately NOK 150 million. The contracts are for the delivery of design, engineering, […]

  • 19 September 2011
    Business & Finance

    EMGS announced on Friday the award of a contract by a new customer partnership to acquire and process 3D electromagnetic (EM) data offshore Ghana. The contract value is about USD 5.5 million, and data acquisition will be performed by the 3D EM vessel BOA Galatea starting in early October.  Chief Executive Officer Roar Bekker commented: […]

  • 11 December 2012

    The Petroleum Safety Authority Norway has given it consent to Statoil to use a new production pipeline and well on Visund Sør offshore oil and gas field. Visund Sør is located ten kilometres from the Gullfaks C and Visund A platforms in the Norwegian par of the North Sea and is part of production licence […]

  • 8 February 2011
    Business & Finance, Equipment

      PALFINGER Marine’s development department has made the leap into the champions’ league of offshore crane systems with the design of the first PALFINGER “Heavy Duty Foldable” Marine crane for one of the world’s state-of-the-art research ships. PALFINGER Marine- und Beteiligungs-GmbH (PMB) is tapping into the market segment of large marine cranes with its “PFM” […]