Marco Polo Marine Ltd , a growing integrated marine logistic group announces that its Singapore incorporated wholly-owned subsidiary, Marco Polo Offshore (II) Pte Ltd has signed a memorandum of agreement to purchase a utility vessel for a total cash consideration of US$4.87 million. The Utility Vess
The Norwegian firm Seadrill will set up its ‘West Juno’ gas drilling rig in Burmese waters to undertake contract work for the Thai oil … by Thomas Maung Shwe (Mizzima) [mappress] Source:Mizzima News Agency, January 7, 2011;
ClampOn will deliver subsea monitors to the Statoil operated Pan Pandora Project. Pan Pandora is an offshore oil and gas field located in water depths of approximately 950 feet (290 meters) in the Norwegian sector of the North Sea. ClampOn will deliver subsea sand monitors to FMC who has the contrac
Reef Subsea AS announced that they have acquired the Norwegian company EXS Subsea AS that owns 80% in S3, Specialist Subsea Services Ltd., based in Aberdeen, Scotland. Registered in 2007, S3 specializes in the provision of offshore survey, positioning and ROV services. Services include remote interv
AsherXino Corporation announced that it is negotiating with a large oil and gas company on a partial farm out of AsherXino’s Oil Prospecting License (OPL) 2012 offshore of Nigeria. Details of the proposed farm out were not disclosed. AsherXino is an oil and gas exploration company focused on both of
As of the 1st of January 2011 T.O.S (Transport & Offshore Services) will be the supplier of nautical temporary personnel (sailing) in … [mappress] Source:T.O.S, January 7, 2011;
Murphy Oil Corporation announced today the results of its recent Republic of the Congo drilling campaign in the Mer Profonde Sud permit. The Cobalt Marine #1 exploration well and the Turquoise Marine #3 well both failed to find commercial quantities of hydrocarbons. The Turquoise Marine #4 did find
Statoil has planned 990 modification projects on the Norwegian continental shelf in 2011, with a price tag totalling NOK 9 billion (Approximately USD$1,52 bln). The modifications will improve health, safety and the environment (HSE) – as well as earnings from the installations. Appropriations for mo
Norwegian Energy Company ASA is pleased to announce that drilling of exploration well 17/6-1 has started. Target for the well is the Svaneøgle prospect. Noreco is the operator. Svaneøgle is located in production license PL545, about 100 kilometres southeast of the Grane field in the central part of
Apache Corporation announced that hydrocarbon production has begun at its Balboa Field, located on East Breaks Block 597. Initial gross flow rates have stabilized at approximately 30 million cubic feet of natural gas and 1,400 barrels of oil per day. Apache’s subsidiary is the operator of the field
THE Scottish Borders is one of Scotland’s main windfarm electricity generating areas but while that wasn’t much help to the population… (berwickshire-news) [mappress] Source: berwickshire-news, January 06, 2011
“Financial News for Major Energy Producers (the News)” is a report on the recent financial performance of major U.S. energy producers. Twenty U.S. majors collectively reported $17.4 billion of net income in the third quarter of 2010, which was 32-percent more than the $13.2 billion these companies r
Total announces that its affiliate Total E&P UK has made a new gas and condensate discovery in the West of Shetland on the United Kingdom Continental Shelf, close to the currently under development Laggan and Tormore fields. The Edradour exploration well lies in block 206/4, 75 kilometres North West
The Petroleum Safety Authority Norway (PSA) is responsible for developing and enforcing regulations which govern safety and working environment in the petroleum activities on the Norwegian continental shelf and associated land facilities. The regulations with guidelines, in both Norwegian and Englis
