SBM Offshore announces it has been awarded the following contracts. 1. FPSO Oil Offloading System A contract relating to the Deep Water Oil Loading System required as part of an oil field development offshore West Africa. The scope of work for SBM Offshore consists of: · the engineering, procurement
Petrobras has started the Extended Well Test (EWT) in the northeastern part of Lula Field, in the Santos Basin pre-salt reserves, about 300 kilometers off the coast of Rio de Janeiro. The EWT is under way on the BW Cidade de São Vicente FPSO, anchored at a depth of 2,120 meters. Output should be [&h
Bontan Corporation Inc. issues the following update with respect to its indirect working interest of 5.23% in the Israeli project comprising Sara and Myra licenses located in the Levantine Basin: Progress on Israeli Project: Israel Rig Contract – Myra and Sara Licenses The operator of the consortium
Coastal Energy Company the successful results of the Bua Ban North B-01 exploration well. The Bua Ban North B-01 well was drilled to 7,960 feet TVD and encountered 28 feet of net pay in the Upper Oligocene with 23% average porosity and 29 feet of net pay in the Lower Oligocene with 16% average [&hel
SBM Offshore announces that the company has signed a contract relating to the Deep Water Oil Loading System required as part of an oil field development offshore West Africa. The scope of work for SBM Offshore consists of: *the engineering, procurement and supply of Oil Offloading Lines (OOL) and Fi
Petrobras announces the discovery of a new oil accumulation in the Campos Basin pre-salt, through well 6-AB-119D-RJS drilled in the Albacora field, 107 km off the coast and only 3.2km from the drilling rig P-31. Preliminary volume estimates indicate an economically recoverable volume potential of ap
Expro will highlight some of its latest technologies and demonstrate its ability to offer the complete package of solutions across the well lifecycle at this year’s Offshore Technology Conference (OTC) in Houston. Expro’s Chief Executive Officer Charles Woodburn said: “Our presence at this year’s OT
Expro will highlight some of its latest technologies and demonstrate its ability to offer the complete package of solutions across the well lifecycle at this year’s Offshore Technology Conference (OTC) in Houston. Expro’s Chief Executive Officer Charles Woodburn said: “Our presence at this year’s OT
China Oilfield Services Limited announced its unaudited results for the three months ended 31 March 2011. During the first quarter of 2011, the Group proactively met with competitions from the market, strived to explore domestic and overseas new markets while reinforcing its presence in existing mar
Inmarsat plc the world’s leading provider of global mobile satellite communications services, today announces it has completed the acquisition of Ship Equip International A.S. (“Ship Equip”) for a total consideration of USD 159.5 million. Based in Ålesund, Norway, Ship Equip is a leading provider of
IHC Engineering Business (IHC EB), a part of IHC Merwede group, has successfully delivered its largest project to date, a 2,000 tonne capacity J-Lay tower for client Saipem. After intensive design, manufacture and installation, assisted by Saipem teams, the system is en route to West Africa. The rig
IHC Engineering Business (IHC EB), a part of IHC Merwede group, has successfully delivered its largest project to date, a 2,000 tonne capacity J-Lay tower for client Saipem. After intensive design, manufacture and installation, assisted by Saipem teams, the system is en route to West Africa. The rig
Apache Corporation reported production of 732,000 barrels of oil equivalent (boe) per day and earnings of $1.1 billion, or $2.86 per diluted share, for the three-month period ending March 31, 2011. These compare with production of 586,000 boe per day and net income of $705 million, or $2.08 per dilu
Noble Energy, Inc. reported today first quarter 2011 net income of $14 million, or $0.08 per share diluted, on revenues of $899 million. The Company’s first quarter 2010 net income was $237 million, or $1.34 per share diluted, on revenues of $733 million. First quarter 2011 net income includes items
