Maersk Drilling, a business unit within the A.P. Moller- Maersk group, has declared its option to build two ultra deepwater drillships at Samsung Heavy Industries in South Korea. The drillships are scheduled for delivery in the second and third quarters of 2014, respectively. The total project cost
Argos Resources Limited, the Falkland Islands based exploration company focused on the North Falkland Basin, reports encouraging progress on the processing and interpretation of its recently acquired 3D seismic data over its 100% owned licence PL001. In April 2011, the Company announced the completi
Statoil has received consent to carry out exploration drilling of wells 16/2-8 and 16/2-9S in the North Sea with the Transocean Leader mobile facility. The wells will be drilled in production licence 265, with Statoil as the operator (40%). The other licensees are Petoro AS (30%), Det norske oljesel
Brazil’s Paranaguá and Antonina port authority Appa is planning 165mn reais (US$106mn) in work for Antonina port, a spokesperson from the… (bnamericas) [mappress] Source: bnamericas, July 4, 2011;
Statoil has awarded the contract for construction of two new drilling rigs for use on the Norwegian continental shelf (NCS) to Songa Offshore. The contract for the two category D rigs is worth an aggregate USD 2,47 billion for a fixed eight-year charter period. “Stepping up our industrialisation of
The DEME Group and its offshore specialist TIDEWAY announced press conference that will take place on the occasion of the naming of the new mega trailing suction hopper dredger “Congo River” (hopper capacity 30,000 m3) and the DP2 fallpipe vessel “Flintstone, a unique vessel that will perform accura
The self propelled, self elevating jack up barge the GMS Endeavour successfully completed the first turbine installation yesterday, Sunday 3 July 2011. The Endeavour jacked up offshore at the wind farm site on Friday and completed the highly technical lifting procedure to raise and install the 80 me
Trapoil announces the acquisition of Reach Oil & Gas Limited (“Reach”) for a total consideration of approximately £30 million (£20 million in cash and approximately £10 million in new ordinary shares to be issued at a deemed price of 43 pence per share). Reach’s two wholly-owned subsidiaries, Reach
The PSA conducted an audit from 10 to 12 May 2011 focusing on issues relating to technical safety, safety systems and maintenance management on board the facility West Elara. Background West Elara is a new jack-up, N-class drilling facility built by the Jurong Shipyard in Singapore. The PSA’s activi
APL, the world’s seventh largest container shipping carrier, today confirmed a land purchase in the city of Joliet, Illinois, to develop its latest intermodal container terminal in the United States. The 43 acres of space was acquired from CenterPoint Properties within the CenterPoint Intermodal Cen
Aker Solutions has been awarded a contract for the delivery of a deepwater drilling riser system to the DSME shipyard in South Korea. The riser package will be delivered to offshore drilling company Atwood Oceanics’ drill ship. The contract value is approximately USD 50 million and includes an optio
APL, the world’s seventh largest container shipping carrier, today confirmed a land purchase in the city of Joliet, Illinois, to develop its latest intermodal container terminal in the United States. The 43 acres of space was acquired from CenterPoint Properties within the CenterPoint Intermodal Cen
RAK Petroleum Public Company Limited, (RAK Petroleum), the oil and gas exploration and production company, and Norway’s DNO International ASA (DNO) and have signed a heads of agreement to merge RAK Petroleum’s Middle East and North Africa (MENA) operating subsidiaries into DNO in exchange for DNO sh
The Council of the International Maritime Organization (IMO) has unanimously endorsed the decision of a Panel of Judges that the 2011 IMO Award for Exceptional Bravery at Sea should go to Captain Seog Hae-gyun of the Republic of Korea, Master of the chemical tanker Samho Jewelry. Captain Seog was no
