RAK Petroleum Public Company Limited, the oil and gas exploration and production company, today announced a net profit of AED 48.4 million (unaudited) for the quarter ended 30 June 2011 on turnover of AED 118.9 million, after equity accounting for its share of the profit reported by associate compan
Total, operator of Block 17, announced that the giant Pazflor field offshore Angola has come on stream ahead of the initial schedule. The Pazflor field lies 150 kilometres off Luanda in water depths ranging from 600 to 1,200 metres and has estimated proved and probable reserves of 590 million barrel
The third tanker of Armada type built by Besiktas Shipyard in Yalova, Turkey, named Lerik, has sailed from the Shipyard on August 26, 2011. The vessel has sailed for her maiden voyage to load 6500 mts of fuel oil at port of Taganrog (Russia) with destination to one safe port of Marmara Sea. Palmali
Total, operator of Block 17, announced that the giant Pazflor field offshore Angola has come on stream ahead of the initial schedule. The Pazflor field lies 150 kilometres off Luanda in water depths ranging from 600 to 1,200 metres and has estimated proved and probable reserves of 590 million barrel
Total, operator of Block 17, announced that the giant Pazflor field offshore Angola has come on stream ahead of the initial schedule. The Pazflor field lies 150 kilometres off Luanda in water depths ranging from 600 to 1,200 metres and has estimated proved and probable reserves of 590 million barrel
Engineering and construction company Clough Limited announced a result in line with previous guidance with a 25% increase in total revenue to $1bn but a reduction in underlying earnings to $47.2m, due to a loss in the Marine Construction division as a result of soft market conditions. On 8 August th
Recently, China Oilfield Services Ltd. announced that HYSY708, a deepwater engineering survey vessel under construction has completed a 15-day trial voyage and returned successfully. This remarks the construction of HYSY708 has entered into a final stage. HYSY708, being an important member of COSL’s
Recently, China Oilfield Services Ltd. announced that HYSY708, a deepwater engineering survey vessel under construction has completed a 15-day trial voyage and returned successfully. This remarks the construction of HYSY708 has entered into a final stage. HYSY708, being an important member of COSL’s
Aker Solutions has received a Letter of Award from Daewoo Shipbuilding & Marine Engineering (DSME), to supply two drilling equipment packages to the new ‘Cat D’ drilling rigs the yard is building for the rig operator Songa Offshore. Options (if exercised) for two additional units are included. Contr
Deepsea Atlantic has completed work on well 34/10 52-B for Statoil at the Gullfaks field and are currently carrying out a planned yard stay at Hanøytangen, outside Bergen,Norway. The rig arrived the Bergen Group Hanøytangen yard 24th of August. Reason for the yard stay is contractual commitments. Th
Recently, China Oilfield Services Ltd. announced that HYSY708, a deepwater engineering survey vessel under construction has completed a 15-day trial voyage and returned successfully. This remarks the construction of HYSY708 has entered into a final stage. HYSY708, being an important member of COSL’s
On Aug. 25, 2011, BP confirmed through a standard visual wellhead inspection that there is no release of oil from the Macondo well (MC252). In addition, BP also conducted a visual inspection of the Macondo relief well confirming the same result. Remotely Operated Vehicle (ROV) video inspection was c
Last weekend the platform supply vessel Durga Devi (ex VOS Prevail) was taken over by the Singapore-based ship owner Chellsea Pte Ltd in the port of Esbjerg. Niels Winther acted as owner’s agent and handled the local formalities. In addition to this, a ceremony in connection with the handover of the
Federal and state authorities are teaming up to study the water quality for marine life and then opening the doors to its survey vessel for… (fosters) [mappress] Source: fosters, August 26, 2011;
