V & M TWO, LLC, of Youngstown, Ohio has awarded Aker Construction, Inc., a subsidiary of Aker Solutions, a contract for the construction of a pipe mill process building in Ohio, US. The contract for fabrication, supply and installation of materials to erect the building commences immediately. Contra
The Frost & Sullivan Company of the Year Award is given to the company that has created the maximum impact in its industry in terms of revenue growth, market share growth, major customer acquisitions, extensive range of products and solutions, and leadership in product innovation in the year of stud
Today’s public hearing by the U.S. Chemical Safety Board concerns management of offshore drilling throughout the world. CSB has created … [mappress] Source: OHS, December 15, 2010;
Aibel AS is opening an office in Harstad after the company was awarded the contract for maintenance and modification work on the Norne field. Over 20 employees have already been employed to work at this office, which opens today. ‘Our opening of an office in Harstad is a reflection of both optimism
BG Group today announced a discovery on Block 64/11 offshore China after the Lingshui 22-1-1 exploration well encountered gas-bearing sands. The well, the first drilled by BG Group in China, is in the deepwater Qiongdongnan Basin in the South China Sea, approximately 130 kilometres offshore and in a
Tap Oil Limited 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 Australia. The well is b
Bounty Oil & Gas NL (“Bounty”) announces progress report on the New Seaclem 1 well in PEP 11. The well was spudded at 00.00 hours AEDST 15 December 2010 and has drilled the 9 7/8″ pilot hole to 310.5 metres BRT. Current operations: Preparing to open hole to 36″ before running the 30″ conductor casin
Kosmos Energy today announces that the company has inaugurated oil production from its $3.3 billion world-class Jubilee Field development offshore the Republic of Ghana. Kosmos and its partners today are participating in a formal celebration to commemorate first oil hosted by His Excellency John Att
ALLEN & Overy (A&O), Watson Farley & Williams (WFW) and White & Case bagged roles on what is reported to be the largest-ever financing for… By Andrew Pugh (istockanalyst) [mappress] Source: istockanalyst, December 15, 2010
Amberjack Pipeline Company LLC, a joint venture between Chevron Pipe Line Company and Shell Pipeline Company LP, today announced approval to install a 136-mile (219 km), 24-inch (61 cm) crude oil pipeline from the Jack and St. Malo fields in the deepwater U.S. Gulf of Mexico to a Shell-owned and ope
BP announced today that it has entered into an agreement to sell almost all of its exploration and production assets in Pakistan to United Energy Group Limited (UEG). UEG will pay BP a total of $775 million in cash for these assets which consist of nine producing and exploration blocks in Sindh prov
Pride International, Inc. today announced that the company has reached agreement with Samsung Heavy Industries, Ltd. (SHI) for the construction of a fifth ultra-deepwater drillship, further expanding the company’s ultra-deepwater fleet size and drilling capabilities. Consistent with the company’s pr
Vantage Drilling Company announced today a contract award for a drilling program in Southeast Asia consisting of two wells plus an option well. The anticipated duration of the first two wells is fourteen months. The contract is anticipated to commence in the third quarter 2011 utilizing the Topaz Dr
Siem Offshore has entered into an agreement for the sale of the 2007 built PSV ‘Siem Mollie’. PSV ‘Siem Mollie’ of VS 470 mk II design has been sold to an Asian buyer at a price of approx USD 32 million. The vessel is scheduled to be delivered to its new owner within December […]
