Nido Petroleum Limited announced that the ‘Atwood Falcon’ deepwater semi-submersible drilling rig spudded the Gindara-1 exploration well at 00:45 hrs on 20 May 2011. The Atwood Falcon rig arrived over the Gindara-1 location at approximately 02:00 hrs on 18 May 2011. Following the setting of the prim
CGGVeritas has launched a new microseismic solution based on the deployment of advanced surface and shallow buried arrays to monitor hydraulic fracture stimulation. The unique CGGVeritas offering combines the expertise and tools of its reservoir services subsidiary, Hampson-Russell Software & Servic
BP today announced that it has reached agreement with MOEX Offshore 2007 LLC (“MOEX”) and its affiliates, Mitsui Oil Exploration Co., Ltd. and MOEX USA Corporation to settle all claims between the companies related to the Deepwater Horizon accident. MOEX – which had a ten per cent interest in the Ma
Diamond Offshore Drilling, Inc. today announced that a subsidiary, Diamond Offshore Drilling Limited, has exercised its option to build a third ultra-deepwater drillship with Hyundai Heavy Industries Co., Ltd. with delivery scheduled for the second quarter of 2014. Total cost, including commissionin
Diamond Offshore Drilling, Inc. today announced that a subsidiary, Diamond Offshore Drilling Limited, has exercised its option to build a third ultra-deepwater drillship with Hyundai Heavy Industries Co., Ltd. with delivery scheduled for the second quarter of 2014. Total cost, including commissionin
It will not be a great deal of money to start with, but Ashtabula County will get a cut of the revenue from a pilot offshore wind farm… By Carl E. Feather (starbeacon) [mappress] Source: starbeacon, May 20, 2011;
It will not be a great deal of money to start with, but Ashtabula County will get a cut of the revenue from a pilot offshore wind farm… By Carl E. Feather (starbeacon) [mappress] Source: starbeacon, May 20, 2011;
The Board of Royal Dutch Shell plc (Shell) has taken the final investment decision on the Prelude Floating Liquefied Natural Gas (FLNG) Project in Australia (100% Shell), building the world’s first FLNG facility. Moored far out to sea, some 200 kilometres from the nearest land in Australia, the FLNG
For the first time in the propulsion industry, MJP Waterjets sets a new standard by introducing a five year warranty on its waterjet system. The company is able to take this bold action thanks to the fact that its designs are made for heavy duty with an excellent record. There are simply very few fa
The Board of Royal Dutch Shell plc (Shell) has taken the final investment decision on the Prelude Floating Liquefied Natural Gas (FLNG) Project in Australia (100% Shell), building the world’s first FLNG facility. Moored far out to sea, some 200 kilometres from the nearest land in Australia, the FLNG
Stressing the importance of scientific integrity in decision-making regarding offshore energy development, Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) Director Michael R. Bromwich today highlighted the role of the bureau’s Outer Continental Shelf (OCS) Scientific Committee
Bollinger Marine Fabricators, L.L.C., Amelia, La., a Bollinger Shipyards, Inc. company, has signed a contract for the new construction of a 55,000 barrel OPA’90 compliant tank barge with Bouchard Transportation Co., Inc., Melville, NY. Terms of the contract were not disclosed. The announcement was m
Results for the 1st quarter 2011 Farstad Shipping achieved an operating income of NO K 801.0 million for the 1st quarter (NO K 730.5 million for the same period in 2010). The operating costs for the period were NO K 526.0 million (NO K 432.6 million). The operating profit (EBIT ) was NO K 142.8 [&he
Farstad Supply AS, a wholly owned company of Farstad Shipping ASA, has reached an agreement to sell the PSV Far Sleipner (1984, ME 202, 3.067 DWT). The vessel has recently finished its charter party with Petrobras in Brazil. Delivery of the vessel to the new owner is expected to take place by the tu
