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Business & Finance

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Australia: MEO Announces Artemis-1 Progress Report
Business & Finance

Australia: MEO Announces Artemis-1 Progress Report

MEO Australia Limited advises that since the last progress report, the over-pressured zone has been stabilised by circulating 11 ppg mud and an additional 40 metres has been drilled to 2,976m to enable the zone to be isolated behind 9-5/8” casing. As at 05:00 (Perth time) this morning, preparations

about 16 years ago
Australia: Tap Oil Announces Zola-1 Well Drilling Update
Business & Finance

Australia: Tap Oil Announces Zola-1 Well Drilling Update

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

about 16 years ago
Offshore Wind Cost in the UK
Business & Finance

Offshore Wind Cost in the UK

The costs of offshore wind have been rising, due in part to the rising cost of energy, which has pushed up the costs of materials like steel By Dave Elliott (environmentalresearchweb) [mappress] Source: environmentalresearchweb, December 08, 2010

about 16 years ago
USA: Dril-Quip Co-Chairman to Step Down as Co-CEO
Business & Finance

USA: Dril-Quip Co-Chairman to Step Down as Co-CEO

Dril-Quip, Inc. today announcedthat Larry E. Reimert, Co-Chairman and Co-CEO,willstep down from his duties as Co-CEO effective January 1, 2011, in order to concentrate onhiscancer related health issues. Mr. Reimert will retain his duties as Co-Chairman and will act as Technical and Strategic Advisor

about 16 years ago
Elecsys Corporation Announces Watchdog VIP Remote Monitoring Product
Business & Finance

Elecsys Corporation Announces Watchdog VIP Remote Monitoring Product

Elecsys Corporation, a developer and manufacturer of machine to machine (M2M) data acquisition, telemetry, analysis systems, and custom electronic assemblies for critical industries, today announced the release of the new Watchdog VIP, the most recent addition to the Company’s remote monitoring prod

about 16 years ago
USA: Sikorsky S-76D™ Helicopter Enters Final Assembly
Business & Finance

USA: Sikorsky S-76D™ Helicopter Enters Final Assembly

Final assembly production of the S-76D™ helicopter has commenced at Sikorsky Global Helicopters’ manufacturing facility, Sikorsky Aircraft Corp. announced today, marking a significant milestone in delivering the next generation of the popular S-76® helicopter. Sikorsky is a subsidiary of United Tech

about 16 years ago
Lundin Gets Drilling Permit for wellbore 16/1-15, Offshore Norway
Business & Finance

Lundin Gets Drilling Permit for wellbore 16/1-15, Offshore Norway

The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for wellbore 16/1-15, cf. Section 8 of the Resource Management Regulations. Wellbore 16/1-15 will be drilled from the Bredford Dolphin drilling facility at position 58° 52’ 24” North 02° 15’ 41” East after the r

about 16 years ago
USA: Tidewater Orders Four Rolls-Royce Designed Offshore Vessels
Business & Finance

USA: Tidewater Orders Four Rolls-Royce Designed Offshore Vessels

Rolls-Royce, the global power systems company, today announced that it has won an order to provide the design, propulsion systems and deck machinery for four deep water platform supply vessels. The order from Tidewater is worth over £20 million to Rolls-Royce. Tidewater is the largest provider of sh

about 16 years ago
Greece: GSP Saturn Starts Drilling Campaign in Prinos and Epsilon Fields
Business & Finance

Greece: GSP Saturn Starts Drilling Campaign in Prinos and Epsilon Fields

GSP Saturn entered under a new contract with Energean Oil & Gas S.A., the only operator of Oil and Gas in Greece. Energean is operating the development of Prinos and South Kavala areas, where it holds a 100% interest. The mobile offshore drilling unit has successfully reached the drilling location,

about 16 years ago
UK: Aquatic’s New 50-tonne Tensioner – Already in Service
Business & Finance

UK: Aquatic’s New 50-tonne Tensioner – Already in Service

Aquatic, an Acteon company and a leading independent operator of powered-reel and tensioner systems for the global oil and gas industry, announced that it has added a new 50-tonne tensioner, the AQTT-10C-50, to its extensive range of equipment which has already begun operations. This project, anothe

about 16 years ago
Australia: Advent Energy to Tow Ocean Patriot Rig to New Seaclem-1 Location
Business & Finance

Australia: Advent Energy to Tow Ocean Patriot Rig to New Seaclem-1 Location

MEC Resources Limited has been advised by its investee company Advent Energy Limited (Advent Energy) that it has received updated advice as to operational handover of the Ocean Patriot semisubmersible drilling rig. Advent Energy, through wholly owned subsidiary Asset Energy Pty Ltd, will commence to

about 16 years ago
Lundin Petroleum Awarded New Block in Indonesia
Business & Finance

Lundin Petroleum Awarded New Block in Indonesia

Lundin Petroleum AB (“Lundin Petroleum”) announces that it has been awarded a new production sharing contract (PSC) for the South Sokang Block by MIGAS, the Indonesian oil and gas regulating authority, in Jakarta on December 6, 2010. The block is located in the Natuna Sea, offshore Indonesia. The So

about 16 years ago
Australia: Polarcus Teams Up With Searcher Seismic Pty
Business & Finance

Australia: Polarcus Teams Up With Searcher Seismic Pty

Polarcus Limited announces the signing today of a multi-client cooperation agreement with Searcher Seismic Pty. Ltd., to jointly develop and license marine 3D multi-client acquisition projects across Australia and Indonesia. The exclusive agreement is intended to see the development of highly funded

about 16 years ago
Singapore: Jurong Shipyard On Track to Deliver First of its Class Drilling Rig to Atwood Oceanics
Business & Finance

Singapore: Jurong Shipyard On Track to Deliver First of its Class Drilling Rig to Atwood Oceanics

Sembcorp Marine’s subsidiary Jurong Shipyard is on track to deliver the Atwood Osprey (photo) – a first of its class ultra-deepwater semi-submersible drilling rig – to Atwood Oceanics following its recent successful naming . Scheduled for delivery in early 2011, the Atwood Osprey will be deployed by

about 16 years ago
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