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Business & Finance

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Denmark: Maersk Looking at Biotechnology to Boost Oil Recovery
Business & Finance

Denmark: Maersk Looking at Biotechnology to Boost Oil Recovery

Maersk Oil has entered a collaborative 4-year research project that aims to increase oil recovery and prolong operations in the Danish North Sea by using biotechnology to create efficient, viable and environmentally safe solutions to the challenges of maturing oil and gas fields. The ‘Biotechnology

about 15 years ago
Halliburton Wins Several Contracts to Provide Services for Two HP/HT Fields Offshore Norway
Business & Finance

Halliburton Wins Several Contracts to Provide Services for Two HP/HT Fields Offshore Norway

Halliburton has been awarded several contracts by Statoil to provide services for two high-pressure/high-temperature (HP/HT) fields offshore Norway. Halliburton estimates that these significant multiyear awards have the potential to exceed more than $200 million in value. Under these contracts, Hall

about 15 years ago
Marathon Receives Consent to Carry Out MUO at Volund and Alvheim Fields (Norway)
Business & Finance

Marathon Receives Consent to Carry Out MUO at Volund and Alvheim Fields (Norway)

Marathon Petroleum Norge AS (Marathon) has received consent to carry out manned underwater operations (MUO) at the Volund and Alvheim fields in 2011. Alvheim Alvheim is an oil and gas field in the northern part of the North Sea, near the UK shelf border. The field has been developed with a productio

about 15 years ago
PSA Norway Gives Nod to Marathon for Manned Underwater Operations at Volund and Alvheim Fields
Business & Finance

PSA Norway Gives Nod to Marathon for Manned Underwater Operations at Volund and Alvheim Fields

Marathon Petroleum Norge AS (Marathon) has received consent to carry out manned underwater operations (MUO) at the Volund and Alvheim fields in 2011. Alvheim Alvheim is an oil and gas field in the northern part of the North Sea, near the UK shelf border. The field has been developed with a productio

about 15 years ago
Schlumberger Announces Launch of LIVE Digital Slickline Services (USA)
Business & Finance

Schlumberger Announces Launch of LIVE Digital Slickline Services (USA)

Schlumberger announced the launch of LIVE* digital slickline services. At their core is a slickline cable engineered to deliver two-way digital communication. Coupled with an extensive suite of purpose-built downhole modules, LIVE technology enables tool and well information to be measured and trans

about 15 years ago
Total to Use West Phoenix Rig for Exploration Drilling in Barents Sea, Off Norway
Business & Finance

Total to Use West Phoenix Rig for Exploration Drilling in Barents Sea, Off Norway

Total E&P Norge AS has received consent to conduct exploration drilling of well 7225/3-1 in the Barents Sea with the West Phoenix mobile facility. The well will be drilled in production licence 535, with Total E&P Norge AS (40%) as the operator. The other licensees are Det norske (20%), RockSource (

about 15 years ago
UK: Ithaca Expects its Daily Production in 2011 to be Between 5500 and 6000 boepd
Business & Finance

UK: Ithaca Expects its Daily Production in 2011 to be Between 5500 and 6000 boepd

Ithaca Energy Inc.announces combined sales for the first quarter totalled 314,340 barrels of oil equivalent (“boe”) net to Ithaca. The Company’s sales volumes in Q1 2011 include contributions from the Beatrice and Jacky oil fields and from the Anglia and Topaz gas fields and are summarised as follow

about 15 years ago
Canada: Sonde Welcomes New Member to its Board of Directors
Business & Finance

Canada: Sonde Welcomes New Member to its Board of Directors

Sonde Resources Corp. (“Sonde” or the “Company”) announces the appointment of Mr. W. Gordon Lancaster to the Company’s Board of Directors, effective April 5, 2011. Mr. Lancaster will stand for election at the Company’s Annual General Meeting of Shareholders. In addition, the Board appointed Mr. Lanc

about 15 years ago
Subsea 7 Wins Contract for Development of Deepwater Guara and Lula Fields Offshore Brazil
Business & Finance

Subsea 7 Wins Contract for Development of Deepwater Guara and Lula Fields Offshore Brazil

Subsea 7 S.A. announced the award of a contract with Petrobras, as Operator of BM-S-9 and BM-S-11 Consortia to Subsea 7 Inc., a wholly owned subsidiary of Subsea 7 S.A., of approximately $1 billion for the development of the Pre-Salt deepwater Guará and Lula NE Areas located in the Santos Basin, off

about 15 years ago
Ophir Energy Bolsters its Presence in Tanzania
Business & Finance

Ophir Energy Bolsters its Presence in Tanzania

Ophir Energy plc (Ophir)announces that a subsidiary has entered into agreement with Ras Al Khaimah Gas Tanzania Ltd (RAKGas) to acquire a 70% interest and Operatorship of a Production Sharing Agreement (PSA) over an area designated as the East Pande Block in Tanzania. Completion of this agreement is

about 15 years ago
Coastal Announces Successful Results of Bua Ban Well, Offshore Thailand
Business & Finance

Coastal Announces Successful Results of Bua Ban Well, Offshore Thailand

Coastal Energy Company (the “Company” or “Coastal”) announces the successful results of the Bua Ban North A-04 well. The Bua Ban North A-04 well was drilled to 6,417 feet TVD to test Miocene and Upper Oligocene targets in an upthrown block west of the discoveries in the A-01 well. The well encounter

about 15 years ago
Students Virtually Participate in HURL’s 1000th Pisces Submersible Dive (USA)
Business & Finance

Students Virtually Participate in HURL’s 1000th Pisces Submersible Dive (USA)

Nearly 500 students from more than 35 classrooms “virtually” accompanied researchers from the… [mappress] Source: noaanews , April 07, 2011;

about 15 years ago
Brazil: Subsea 7 Wins Contract Worth USD 1 Billion for Development of Guara and Lula Fields
Business & Finance

Brazil: Subsea 7 Wins Contract Worth USD 1 Billion for Development of Guara and Lula Fields

Operator of BM-S-9 and BM-S-11 Consortia to Subsea 7 Inc., a wholly owned subsidiary of Subsea 7 S.A., of approximately $1 billion for the development of the Pre-Salt deepwater Guará and Lula NE Areas located in the Santos Basin, offshore Brazil, in water depths of approximately 2,200 metres. The pr

about 15 years ago
USA: DEQ, EPA Approve Funds for Muskegon Lake Dredging
Business & Finance

USA: DEQ, EPA Approve Funds for Muskegon Lake Dredging

Federal and state environmental agencies have approved a $12 million Great Lakes Legacy Act cleanup of contaminated sediment at Muskegon… By John S. Hausman (mlive) [mappress] Source: mlive, April 7, 2011

about 15 years ago
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