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Business & Finance

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Australia: Eni Drills Gawain Well to Total Depth of 3,963m. Discovers No Hydrocarbons
Business & Finance

Australia: Eni Drills Gawain Well to Total Depth of 3,963m. Discovers No Hydrocarbons

Octanex N.L. has been advised by Eni Australia Limited, the Operator of the Gawain-1 well located in the outer Exmouth Plateau permit, WA-362-P, that the well has reached its total depth (TD) of 3,963m MDRT (measured depth below rotary table). Since the last progress report of 11 April 2011, when th

about 15 years ago
Government Rejects Bid for GBP 21 Million Tidal Energy Fund (UK)
Business & Finance

Government Rejects Bid for GBP 21 Million Tidal Energy Fund (UK)

A BID for £21 million to fund a tidal energy project that would have created hundreds of jobs across the Isle of Wight has been rejected… By Ross Findon (iwcp) [mappress] Source: iwcp, April 13, 2011

about 15 years ago
The Netherlands: Huisman Installs World’s Largest Offshore Mast Crane Onboard the “Seven Borealis”
Business & Finance

The Netherlands: Huisman Installs World’s Largest Offshore Mast Crane Onboard the “Seven Borealis”

Early March, Huisman, the Dutch-based specialist in lifting, drilling and subsea solutions, successfully installed world’s largest Offshore Mast Crane onboard the “Seven Borealis”Pipelay / Heavy Lift vessel in four days only. This crane installation is considered as the heaviest and logistically mos

about 15 years ago
Australia: Tap Oil Provides Drilling Update on Zola Exploration Well
Business & Finance

Australia: Tap Oil Provides Drilling Update on Zola Exploration Well

Tap Oil Limited provides the following update on the Zola-1 exploration well, offshore Carnarvon Basin, Western Australia. The Zola-1/Zola-1 ST1 well is located in permit WA-290-P, immediately south of the giant Gorgon gas field in the Carnarvon Basin, Western Australia. The well is being drilled in

about 15 years ago
Nexen Drills Duster Near Heidrun Field, Offshore Norway
Business & Finance

Nexen Drills Duster Near Heidrun Field, Offshore Norway

Nexen Exploration Norge AS, operator of production licence 434, has completed the drilling of wildcat well 6507/8-8. The well was drilled about seven kilometres southeast of the Heidrun field. The purpose of the well was to prove petroleum in Lower Jurassic reservoir rocks (the Tilje and Åre formati

about 15 years ago
Singapore: Strategic Marine Receives Order for Two Crew Boats
Business & Finance

Singapore: Strategic Marine Receives Order for Two Crew Boats

Strategic Marine has secured a contract with JCB Oil & Gas Services Sdn Bhd, a Malaysian company involved in providing services to the expanding oil and gas sector in the country. Under the contract JCB Oil & Gas will purchase two 40 metre Crew Boats (with a further option for two additional vessels

about 15 years ago
KOWAG Holds its Final Meeting on April 26th in Machrihanish Village Hall (UK)
Business & Finance

KOWAG Holds its Final Meeting on April 26th in Machrihanish Village Hall (UK)

Last July the population of West Kintyre united in horror at proposals by Crown Estate and SSE for the siting of a gargantuan windfarm a … (kintyreoffshorewindfarmag) [mappress] Source: kintyreoffshorewindfarmag, April 13, 2011

about 15 years ago
KOWAG Holds its Final Meeting on April 26th in Machrihanish Village Hall (UK)
Business & Finance

KOWAG Holds its Final Meeting on April 26th in Machrihanish Village Hall (UK)

Last July the population of West Kintyre united in horror at proposals by Crown Estate and SSE for the siting of a gargantuan windfarm a … (kintyreoffshorewindfarmag) [mappress] Source: kintyreoffshorewindfarmag, April 13, 2011

about 15 years ago
Trelleborg Completes Acquisition of Brazilian Offshore O&G Business from Veyance Technologies
Business & Finance

Trelleborg Completes Acquisition of Brazilian Offshore O&G Business from Veyance Technologies

Trelleborg’s acquisition of a business in the offshore oil and gas industry in Brazil from a subsidiary of Veyance Technologies has been finalized. The business focuses on specially designed oil hoses for surface and deep-sea applications for the strongly growing offshore oil and gas extraction indu

about 15 years ago
Norway: PGNiG Expects Great Benefits from Skarv, the Largest Investment Project on the NCS
Business & Finance

Norway: PGNiG Expects Great Benefits from Skarv, the Largest Investment Project on the NCS

Polskie Górnictwo Naftowe i Gazownictwo SA (PGNiG SA) is completing preparations to produce oil and gas from the Skarv field on the Norwegian Continental Shelf (NCS). In early May 2011, a floating production, storage and offloading (FPSO) vessel will arrive at the drilling site. The FPSO is the worl

about 15 years ago
USA: CAMAC Energy CEO Steps Down
Business & Finance

USA: CAMAC Energy CEO Steps Down

CAMAC Energy Inc. , a U.S.-based energy company engaged in the exploration, development and production of oil and gas, today announced that Chief Executive Officer and President, Byron A. Dunn, has decided with the Board of Directors to resign his positions with the Company, effective immediately. T

about 15 years ago
Ghana: Tullow Encounters Gas Condensate at Tweneboa-4 Appraisal Well
Business & Finance

Ghana: Tullow Encounters Gas Condensate at Tweneboa-4 Appraisal Well

The Tweneboa-4 appraisal well in the Deepwater Tano licence offshore Ghana has successfully encountered gas condensate in good quality sandstone reservoirs. Results of drilling, wireline logs and samples of reservoir fluids have confirmed the western extent of the Tweneboa gas condensate accumulatio

about 15 years ago
Seadrill Secures Contract for West Menang Rig in Malaysia. Orders New Tender Rig in China
Business & Finance

Seadrill Secures Contract for West Menang Rig in Malaysia. Orders New Tender Rig in China

Seadrill has been awarded an 18 month contract by Murphy Sabah Oil Co Ltd for the semi tender rig West Menang to operate on the Kikeh Spar deepwater field in Malaysia. Estimated contract value is approximately US$100 million (including mobilization and modification of approximately US$14 million), a

about 15 years ago
USA: The Sun Never Sets on VMI Dredge
Business & Finance

USA: The Sun Never Sets on VMI Dredge

The founder of VMI, Gene Maitlen, used to say “The sun never sets on a VMI dredge”. He knew that somewhere in the world someone was using one of his dredges. That statement has been especially true lately, since VMI has sold 7 dredges outside of the US in the past year alone. […]

about 15 years ago
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