Search results for: Otto Candies

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  • 12 September 2010
    Equipment

    Huisman, the Dutch-based specialist in lifting, drilling and subsea solutions will soon deliver a 250mt Knuckle Boom Crane to Subsea 7. This state-of-the-art crane is currently being load tested at the Huisman facility in Schiedam, the Netherlands. The crane will be installed onboard Subsea 7’s newly build Multi Purpose Offshore Construction Vessel Seven Pacific within […]

  • 10 September 2010

    Huisman, the Dutch-based specialist in lifting, drilling and subsea solutions will soon deliver a 250mt Knuckle Boom Crane to Subsea 7. This state-of-the-art crane is currently being load tested at the Huisman facility in Schiedam, the Netherlands. The crane will be installed onboard Subsea 7’s newly build Multi Purpose Offshore Construction Vessel Seven Pacific within […]

  • 1 August 2011
    Business & Finance, Operations & Maintenance, Research & Development

    Gulmar Atlantis last week left the port of Singapore Offshore for her maiden voyage to go on a minimum 6 months charter in Brazil. The vessel will be working for Petrobras with Fugro providing diving and ROV services. “Brazil is a very dynamic market for Offshore Oil and Gas. This contract will be an opportunity […]

  • 1 August 2011

    Gulmar Atlantis last week left the port of Singapore Offshore for her maiden voyage to go on a minimum 6 months charter in Brazil. The vessel will be working for Petrobras with Fugro providing diving and ROV services. “Brazil is a very dynamic market for Offshore Oil and Gas. This contract will be an opportunity […]

  • 2 August 2011
    Business & Finance

      Gulmar Atlantis last week left the port of Singapore Offshore for her maiden voyage to go on a minimum 6 months charter in Brazil. The vessel will be working for Petrobras with Fugro providing diving and ROV services. “Brazil is a very dynamic market for Offshore Oil and Gas. This contract will be an […]

  • 11 September 2019
    Business & Finance

    Australia-based oil and gas company Otto Energy has made changes to its board as part of a renewal process in support of its current U.S. Gulf of Mexico strategy.

  • 1 July 2014
    Business & Finance

    Otto Energy Ltd has fully repaid the BNP Paribas financing facility, which was put in place in December 2012 to fund Otto’s share of the Galoc Phase II development.

  • 22 September 2014
    Business & Finance, Project & Tenders

    Otto Energy Limited has executed a sale and purchase agreement (SPA) to divest 100% of the shares in Galoc Production Company WLL (GPC), the holder of Otto’s 33% interest in the Galoc oil field located in Service Contract 14C, to Risco Energy Investments Pte Ltd, a Singapore-based energy investment company. Under the SPA, Risco has […]

  • 22 September 2014
    Business & Finance, Project & Tenders

    Otto Energy Limited, the Australian exchange-listed oil company, has sold its stake in the Galoc field, in the Philippines, to Risco Energy Investments for $101.4 million.

  • 29 May 2017
    Project & Tenders

    The Australian-listed oil and gas explorer Otto Energy Limited is raising cash for its U.S. Gulf of Mexico oil project. The company said on Monday it would raise $8.2 million through an issue of secured convertible notes. Otto has signed a binding deal under which Molton Holdings Limited, a major Otto shareholder, will subscribe for […]

  • 23 May 2011

    There’s a dirty problem at the Lake Mars pier and boat launch in Jackson County. Randy Canady and his son Russell said they can’t believe th… By Patrice Clark (wlox) [mappress] Source: wlox, May 23, 2011;

  • 27 December 2017
    Exploration & Production, Project & Tenders

    Byron Energy has encountered four discrete hydrocarbon bearing sands in the SM 71 F2 well within the South Marsh Island 71 (SM 71) lease in the Gulf of Mexico. 

  • 8 August 2019
    Exploration & Production

    Talos Energy has discovered more oil pay in the deeper target of its operated Bulleit well located in the U.S. Gulf of Mexico. The well will be tied back to Talos’ GC 18 facility, which is located about 10 miles west of Bulleit.

  • 24 February 2014
    Business & Finance

    Otto Energy Ltd appoints Mr Matthew Allen to the position of Chief Executive Officer (CEO) effective immediately, following the mutually agreed resignation of Mr Gregor McNab due to personal reasons. Since joining Otto as Chief Financial Officer in November 2009, Matthew has played an integral role in implementing Otto’s strategy to build a successful international […]

  • 20 April 2016
    Exploration & Production, Project & Tenders

    Byron Energy has completed the drilling of the SM- 71 #1 well in the U.S. Gulf of Mexico intersecting hydrocarbon saturated sands in three intervals.  This includes the primary D5 target, with a combined gross thickness of 150 feet/46 metres. The company started drilling the well, located at the South Marsh Island Block 71, earlier in April. According to […]

  • 31 July 2018
    Business & Finance

    Otto Energy has entered into a joint venture with Hilcorp Energy which will see it earn a 37.5% working interest in an eight-well portfolio of prospects in the Onshore/Near Shore USA Gulf Coast (Gulf of Mexico).

  • 12 December 2014
    Business & Finance, Project & Tenders

    Otto Energy has executed a deal with Nido Petroleum to sell Galoc Production Company (GPC),  the holder of Otto’s 33% stake in the Galoc oil field, located in Service Contract 14 C1 offshore the Philippines. To remind, Otto Energy on September 22, 2014 said it had executed a sale and purchase agreement to divest 100% of the […]

  • 11 February 2016
    Exploration & Production, Project & Tenders

    Byron Energy, the operator of several blocks in the Gulf of Mexico, has mobilised Hercules Offshore’s drilling rig Hercules 205 to the SM-6 #2 well location in the U.S. Gulf of Mexico.  The rig was recently released by its previous operator, Renaissance, and it will operate for Byron under a dayrate between $49,000 and $51,000. According to Otto Energy, […]

  • 8 June 2011
    Business & Finance

    Otto Energy Limited advises that it has commenced a 3D seismic data acquisition program in Service Contract 69 (SC 69) in the Visayan Basin of the Republic of Philippines. The seismic vessel BGP Explorer, operated by Exploiter Pte Ltd (a subsidiary of BGP ), has been contracted to record the seismic data. Otto plans to […]

  • 24 April 2018
    Business & Finance

    Australia-based oil and gas company Otto Energy has made a new addition to its board of directors.

  • 11 June 2020
    Business & Finance, Business developments & projects

    The chief executive officer (CEO) and managing director of Australia-based oil and gas company Otto Energy has decided to step down from his roles.

  • 6 April 2011

    Singapore-based Otto Marine has announced its second sales order within a week, an MT6009 MKII DNV-class platform supply vessel, to Australia’s Mermaid Marine for US$31.5 million. The ship is due for completion in May from Otto’s shipyard in Indonesia. Last week, the company sold a pair of 6,000kW AHTSs for US$43.4 million.