Kencana Petroleum Bhd announced today that one of its companies has secured a service contract for the supply of offshore support vessel which will be used by Petronas Carigali Vietnam Ltd. The contract was secured by Kencana Nautilus Sdn Bhd (formerly known as Thrive Alliance Sdn Bhd), a wholly-own
U.S. energy firm Apache Corp. (APA) has agreed to acquire Texas-based oil and natural gas explorer Mariner Energy Inc. (ME) for about $4 billion in stock, cash and debt. The transaction, which is subject to regulatory and Mariner shareholder approvals, is expected to close in the third quarter of 20
Several firms, including foreigners, are considering bids for the offshore license. ACC Group, headed by Chaim Lebovits… [mappress] Source: globes,April 19, 2010;
Over the next five years, the offshore wind energy market will grow at an annual rate of 92%, surpassing in 2015 annual onshore installed… [mappress] Source: evwind, April 18, 2010;
The Department of the Interior’s Minerals Management Service (MMS) recently funded four research studies to identify technological and… [mappress] Source: marinelink, April 16, 2010;
The Department of the Interior’s Minerals Management Service (MMS) recently funded four research studies to identify technological and… [mappress] Source: marinelink, April 16, 2010;
Wind and swell subject dredging and offshore vessels at sea to dramatic dynamic forces. Cutter ladders, suction tubes, spud carriers, lay pipes and risers ‘connect’ the moving vessel to the rigid sea floor… [mappress] Source: IHC Merwede, P&D Magazine
Smith International, Inc.announced today that M-I SWACO has been awarded a substantial multi services contract inclusive of drilling and completion fluids, drilling waste management, filtration, wellbore clean up tools, vessel cleaning and related services by Cabinda Gulf Oil Company Limited, a subs
EnQuest is the combination of Petrofac’s UK North Sea fields with those of Swiss group Lundin Petroleum. It contains assets such… [mappress] Source: Telegraph,April 7,2010
The government has promised to conclude the review of its purchase of Heritage assets in eight weeks. “Heritage has received a letter from the Government stating that it supports Heritage’s sale and transfer of the Disposed Assets and that it will conclude its review of the transaction within eight
Anglo-Dutch oil group Shell said Wednesday it had halted 100,000 barrels per day of output at Nigeria’s EA offshore field in order… [mappress] Source:Hellonews352,April 14,2010;
Keppel Offshore & Marine Ltd (Keppel O&M), through its wholly-owned Brazilian subsidiary, Navegantes Maritime Construction and Services, has entered into an agreement with Brazil’s TWB Group to acquire the Estaleiro TWB shipyard in Navegantes, Santa Catarina. This acquisition is subject to the fulfi
Gulf of Mexico Apache Corp. said Monday it plans to buy Devon Energy Corp.’ s shallow-water oil and gas assets on the U.S. Gulf of Mexico Shelf for $1.05 billion US to extend its reach in that area. The deal with Apache would net Devon about $840 million after taxes, bringing the company to the [&he
Construcciones Navales del Norte (La Naval de Sestao) of Spain’s Basque country delivered the “Simon Stevin” to Jan de Nul in February. Driven by a diesel-electric propulsion system comprising a series of MAN Diesel 32/40 engines, the new addition to the Belgian group’s fleet is the world’s largest…
