Business & Finance
Cyprus: SeaBird Appoints New Chief Executive Officer
SeaBird Exploration PLC announces that Mr Dag Reynolds has been appointed as new Chief Executive Officer of SeaBird. Mr Reynolds will assume the position with the Company with effect no later than 1 May. The current CEO Mr Tim Isden will be stepping down from his position with effect from 6 February
Brazil: First Drillship Order for Estaleiro Jurong Aracruz Shipyard
Sembcorp Marine’s wholly-owned Brazilian shipyard Estaleiro Jurong Aracruz has secured a contract worth approximately US$792.5 million from Guarapari Drilling BV, Netherlands, a subsidiary of Sete Brasil Participacões S.A. (Sete Brasil), for the design and construction of a drillship based on Jurong
Canada: Vancouver Shipyard Builds CCGS Icebreaker
The Honourable James Moore, Minister of Canadian Heritage, Official Languages and Regional Minister for British Columbia introduced on behalf of the Honourable Keith Ashfield, Minister of Fisheries and Oceans, and the Honourable Rona Ambrose, Minister of Public Works and Government Services and Mini
USA: MBARI Researchers Announce Expedition in Gulf of California
Luminous jellies and mysterious squid that inhabit a world of almost no light or oxygen; undersea volcanoes, hydrothermal vents, and earthquake faults; layers of natural gas frozen into an ice-like solid in the seafloor. All these can be found in the depths of the Gulf of California, the 1,100-kilom
Guarapari Drilling Orders Drillship from Brazilian Shipyard
Sembcorp Marine’s wholly-owned Brazilian shipyard Estaleiro Jurong Aracruz has secured a contract worth approximately US$792.5 million from Guarapari Drilling BV, Netherlands, a subsidiary of Sete Brasil Participacões S.A. (Sete Brasil), for the design and construction of a drillship based on Jurong
Norway: Lundin Petroleum Starts Johan Sverdrup Appraisal Drilling
Swedish-based oil and gas company, Lundin Petroleum has commenced drilling of the appraisal well 16/2-11 on the Johan Sverdrup (formerly know as Aldous/Avaldsnes) discovery located in the North Sea sector of the Norwegian Continental Shelf (NCS). The planned depth is approximately 2,175 meters below
Germany and Neighbors Form Co-operative CF Container Feeder eG
Representatives of shipping companies from all over Northern Germany and the neighboring Netherlands have founded the co operative “CF Container Feeder eG”. The purpose of the co operative is the coordination and bundling of the shipping activities for feeder container ships provided by the members.
USA: Cameron Reports Fourth Quarter Earnings
Cameron reported net income of $99.9 million, or $0.40 per diluted share, for the quarter ended December 31, 2011, compared with net income in the prior year’s fourth quarter of $164.6 million, or $0.66 per diluted share. The fourth quarter 2011 results include after-tax charges of $90.5 million, or
USA: Unique Maritime Group Adds Kongsberg cNODE Transponders to its Rental Fleet
Unique Maritime Group announces the introduction of the Kongsberg cNODE family of transponders to their rental pool inventory. The cNODE transponders are for underwater acoustic positioning and data link that can use both the traditional frequency shift (FSK) modulation technique and the new Cymbal
Eni Spuds Nunya-1X Well, Offshore Ghana
Afren today announces that Eni Ghana exploration and production Ltd. (“Eni”), operator of the Keta block which is located in the Volta River Basin offshore Eastern Ghana, has commenced drilling of the Nunya-1X (formerly named Cuda-2) exploration well with the Marianas semi-submersible drilling rig.
Bermuda: Seadrill Nets Hat-Trick
A Norwegian-Bermudan drilling contractor, Seadrill, has secured new contracts for the three jack-up rigs Offshore Mischief, Offshore Defender, and West Leda. The aggregated revenue potential is estimated at US$311 million inclusive of mobilization fees and assignment specific rig modifications. Offs
USA: Unique System LLC Implements Kongsberg cNODE on Its Vessels
Unique Maritime Group introduced the Kongsberg cNODE family of transponders to their rental pool inventory. The cNODE transponders are for underwater acoustic positioning and data link that can use both the traditional frequency shift (FSK) modulation technique and the new Cymbal acoustic protocol w
Premier Oil Provides Update on Drilling in UK and Indonesia
The Premier-operated East Fyne Appraisal well, 21/28a-11, has drilled to a total depth of 5,020 feet. The well encountered 11 feet of gas bearing sand within the Upper Tay formation and 8 feet of oil bearing sand within the Middle Main Tay. The thickness of the oil bearing sand is at the lower end o
UK: SPE Reveals Finalists for Offshore Achievement Awards 2012
The shortlist for the Offshore Achievement Awards has been announced recently, recognising the top individuals and companies in the energy industry. The awards, re-launched in October by the Society of Petroleum Engineers with the support of main sponsor TAQA Bratani, will celebrate the finest talen