MEO Australia Limited advises that the Western Australian Department of Mines & Petroleum has granted approval for the drilling of Artemis-1 in WA-360-P and has further advised it has accepted MEO’s Well Operations Management Plan (WOMP). This represents the final regulatory approval in relation to
Tap Oil Limited provides the following update on the Manora-4 appraisal well, in concession area G1/48, Gulf of Thailand. Location / Proposed Depth The Manora-4 well is located in the northern Gulf of Thailand in 45 metres of water, approximately 75 kilometres from shore and 230 kilometres south of
The general clamour over George Osborne’s spending review has obscured one of the most significant constitutional changes of recent years. (dailymail) [mappress] Source: dailymail, October 25, 2010;
The contractor group for BM-S-11 in ultra-deep water of Santos Basin, including Galp Energia, Petrobras and BG Group, informs that concluded the drilling of the ninth well located in Tupi’s area, confirming the estimated volumes of recoverable light oil and natural gas in the range between 5 and 8 b
Great Lakes Dredge & Dock Corporation today announced that it will release its financial results for the three and nine months ended September 30, 2010 on Tuesday, November 2, 2010 at 7:00 a.m. CDT. A conference call with the Company will be held the same day at 9:00 a.m. CDT. The call in number is
BG Group (60%) today announced that the Pweza-1 exploration well, located in Block 4 approximately 85 kilometres offshore southern Tanzania and in a water depth of 1 400 metres, has demonstrated the presence of a working hydrocarbon system after encountering gas-bearing sands. In May 2010, BG Group
Schlumberger Limited today reported third-quarter 2010 revenue of $6.85 billion versus $5.94 billion in the second quarter of 2010, and $5.43 billion in the third quarter of 2009. Net income attributable to Schlumberger, excluding charges and credits, was $875 million—an increase of 7% sequentially
A PIONEERING helicopter company plans to be the first to offer a dedicated service for the global offshore wind-power industry. (scotsman) [mappress] Source: scotsman, October 22, 2010; bristowgroup
Keppel Corporation Limited wishes to announce that its wholly-owned subsidiary, Keppel FELS Limited (“Keppel FELS”), has entered into a Letter of Intent with Mermaid Maritime Public Company Limited (“Mermaid”) to build two KFELS B Class jackup rigs worth US$360 million. In addition to these, Mermaid
Total today announces the signature of an agreement with Yam’s Petroleum to acquire a 60% interest in the CI-100 license. Through this agreement, Total becomes the project operator. Yam’s Petroleum retains a 25% interest and Côte d’Ivoire’s national oil company Petroci holds the remaining 15%. The t
The current joint venture partners (Sonangol and SBM Offshore) of Paenal Yard in Porto Amboim, Angola and Daewoo Shipbuilding & Marine Engineering (DSME) of South Korea have signed an agreement in which DSME will acquire a 30% share in the Paenal Joint Venture. Effective shareholdings after the tran
SEACOR Holdings Inc. (NYSE: CKH) today announced its results for the third quarter of 2010. Net income attributable to SEACOR Holdings Inc. for the quarter ended September 30, 2010 was $149.9 million, or $7.14 per diluted share, on operating revenues of $979.8 million. For the nine months ended Sept
The signing of these contracts will allow Eni to operate Block 1 and Block 2 with 100% participation interest and immediately perform all… [mappress] Source: Eni, October 22, 2010;
Aker Solutions has agreed to transfer ownership in its subsidiary Aker Marine Contractors (AMC) to Singapore listed company Ezra Holdings Ltd (Ezra) in exchange for equity instruments in Ezra and cash. In addition, 50% of Aker Solutions’ ownership in the Aker Connector installation vessel will be tr
