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Business & Finance

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Australia: Tap Oil Announces Zola-1 Well Drilling Update
Business & Finance

Australia: Tap Oil Announces Zola-1 Well Drilling Update

Tap Oil Limited (ASX Code: TAP) provides the following update on the Zola-1 exploration well, offshore Carnarvon Basin, Western Australia. Location / Proposed Depth The Zola-1 well is located in permit WA-290-P, immediately south of the giant Gorgon gas field in the Carnarvon Basin, Western Australi

about 16 years ago
South Korea: Naming Ceremony for Drill Ships, Ocean Rig Corcovado & Ocean Rig Olympia
Business & Finance

South Korea: Naming Ceremony for Drill Ships, Ocean Rig Corcovado & Ocean Rig Olympia

Naming Ceremony for the Company’s two first Drill Ships took place at the Samsung Heavy Industries Shipyard in Korea on December 16th . Godmother of Ocean Rig Corcovado is Jann Brown, Financial Director of Cairn Energy PLC. Godmother of Ocean Rig Olympia is Olga Plaksina, Chairperson of the Group Ex

about 16 years ago
Norway: New Head of Environment at Wilhelmsen Ships Service
Business & Finance

Norway: New Head of Environment at Wilhelmsen Ships Service

Wilhelmsen Ships Service is underlining its commitment to the protection of the environment by appointing a new Head of Environment, Thea Corwin. Thea, who takes up the position on 1st January 2011, will be dedicated to developing a vision, policy, strategy and related plans for the implementation o

about 16 years ago
Fabio de Oliveira Barbosa joins BG Group as CFO
Business & Finance

Fabio de Oliveira Barbosa joins BG Group as CFO

BG Group today announced that Ashley Almanza will stand down from the Board and leave his role as Chief Financial Officer on 31 March 2011. This follows an earlier indication from Mr Almanza of his desire to leave BG Group within the next two years. After 31 March 2011, Mr Almanza will continue to [

about 16 years ago
NPD Releases “Norwegian Continental Shelf No.2-2010” Journal
Business & Finance

NPD Releases “Norwegian Continental Shelf No.2-2010” Journal

The Norwegian oil adventure has yielded a fantastic return for the nation. Gross revenues from this industry exceed NOK 8 000 billion – with more than half of Norway’s petroleum still to be recovered. Based on a clear desire for oil and gas to benefit the whole community, the Norwegian oil model was

about 16 years ago
Equatorial Guinea: Aseng Secures US$ 602 M Project Debt facility
Business & Finance

Equatorial Guinea: Aseng Secures US$ 602 M Project Debt facility

Aseng Production Company Limited, a Joint-Venture incorporated between SBM Offshore and “GEPetrol, Compania Nacional de Petroleos de Guinea Ecuatorial” (GEPetrol), has successfully secured a US$ 602 million Project Debt facility in order to finance the investment in the lease of the FPSO Aseng (imag

about 16 years ago
USA: Globe iFusion Wins Inmarsat 2010 Maritime Solution of the Year
Business & Finance

USA: Globe iFusion Wins Inmarsat 2010 Maritime Solution of the Year

Globe Wireless announces that Inmarsat has named Globe iFusion the 2010 Maritime Solution of the Year. Globe Wireless became a FleetBroadband Distribution Partner in January 2010. In September 2010 Globe iFusion was released, making Globe Wireless the only Distribution Partner that is also a type ap

about 16 years ago
Norway: Farstad Shipping Awarded 3 Charter Contracts Worth Combined $285 M
Business & Finance

Norway: Farstad Shipping Awarded 3 Charter Contracts Worth Combined $285 M

Farstad Shipping has been awarded the following charter contracts: AHTS Far Shogun (2010, UT 731CD, 24.000 BHP) and AHTS Far Saracen (2010, UT 731CD, 24.000 BHP) have both been awarded 3 years firm contracts by Chevron Australia Pty Ltd to support their drilling program off north west coast of Austr

about 16 years ago
UAE: Lamprell Announces Directorate Change
Business & Finance

UAE: Lamprell Announces Directorate Change

Lamprell , a leading provider of specialist engineering services to the international oil & gas and renewable energy industries, based in the United Arab Emirates (“UAE”), makes the following announcement: “Lamprell has been informed by Scott Doak (Chief Financial Officer) that he wishes to leave th

about 16 years ago
Reliance Industries Starts Drilling on D9 Exploration Licence Offshore India
Business & Finance

Reliance Industries Starts Drilling on D9 Exploration Licence Offshore India

Hardy Oil and Gas plc , the oil and gas exploration and production company focused in India, announces the commencement of drilling of the second exploration well on the D9 exploration licence. The exploration well KG-D9-B3 commenced drilling on 20 December 2010 using the Transocean drillship Discov

about 16 years ago
USA: FMC Technologies to Supply Subsea Systems for West Boreas Project
Business & Finance

USA: FMC Technologies to Supply Subsea Systems for West Boreas Project

FMC Technologies, Inc. announced today that it has signed an agreement with Shell Offshore Inc. to supply subsea and topside systems for the West Boreas field development. The West Boreas field is located in the Gulf of Mexico, in Mississippi Canyon Block 762, in water depths of approximately 3,100

about 16 years ago
SBM OFFSHORE: FPSO P-57 Starts First Oil Production off Brazil
Business & Finance

SBM OFFSHORE: FPSO P-57 Starts First Oil Production off Brazil

FPSO P-57 started first oil production on 17 December 2010 on the Jubarte field offshore Brazil in the Campos Basin. This major project milestone marks the final delivery and hand over of the FPSO to Petrobras and has been reached two months ahead of schedule. The initial contract for the supply of

about 16 years ago
USA: Shell Awards Cardamom Deep Project to FMC Technologies
Business & Finance

USA: Shell Awards Cardamom Deep Project to FMC Technologies

FMC Technologies, Inc. announced today that it has signed an agreement with Shell to supply subsea and topside systems for the Cardamom Deep project in the Gulf of Mexico . Cardamom Deep is a subsea tie-back to Shell’s Auger Tension Leg Platform. The field is located in Garden Banks Block 426 in the

about 16 years ago
UK: Expro’s HawkEye IV Marks Step Change in Downhole Camera Technology
Business & Finance

UK: Expro’s HawkEye IV Marks Step Change in Downhole Camera Technology

Leading international oilfield services company Expro today announced a new state-of-the-art camera, HawkEye IV, has been added to the company’s downhole video portfolio. The HawkEye IV communicates with the camera via a downlink, allowing more reliable and easy access to options with a simple comma

about 16 years ago
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