Seadrill, a Norwegian-Bermudan offshore drilling company with operations around the globe today announced its third quarter 2011 net income of US$58 million. Consolidated revenues for the third quarter of 2011 amounted to US$1,029 million as compared to US$995 million in the second quarter. Operatin
Cairn Energy, a global oil and gas exploration company headquartered in Edinburgh, United Kingdom, today provided the operational update related to its 2011 exploration drilling campaign offshore Greenland where drilling operations were extended to complete activities on the last two wells in the At
Mechanical engineering services group, EnerMech, has won a £1 million (NOK 8.9M) crane services contract by Talisman Energy Norge AS. EnerMech AS, based in Stavanger, will deliver services to all Talisman’s Norwegian assets over the next six years. The three year (+3 year option) contract covers cra
Yesterday, November 28, SOCAR President Mr. Rovnag Abdullayev welcomed the business delegation of Izmir led by Izmir governor Mr. Mustafa Cahit Kirac at the Head office of the Company. Welcoming the guests, Mr. Abdullayev mentioned the development of bilateral relations between Azerbaijan and Turkey
Petroleum Safety Authority Norway has given consent to Wintershall Norge ASA for exploration drilling of well 6407/1-5 S in the Norwegian Sea with the mobile facility Borgland Dolphin. The well will be drilled in production license 475 BS/ CS, 39 kilometers southwest of Heidrun at water depth of 300
A recently built Arkticheskaya jack-up rig was last night moored at the Murmansk port berth #35. The rig was built by Zvezdochka Shipyard, and a certificate of acceptance was signed on November 9. in the presence of Russian Prime Minister Vladimir Putin. Gazprom’s fully owned subsidiary, Gazflot is
Gazprom delegation ,Led by Elena Kasyan, Head of the Personnel Management Department, paid a working visit to the Murmansk Oblast. During the trip a number of working meetings were held with regional and municipal officials as well as with Vice Admiral Vladimir Korolev, Commander of the Northern Fle
STX OSV, one of the major global designers and shipbuilders of offshore and specialized vessels, reported that contracts for two Platform Supply Vessels (PSV) with Island Offshore have been confirmed. The contracts had originally been announced on 30 October 2011, subject to financing approvals. All
Rolls-Royce, has received an order from Singapore-based offshore company, PaxOcean, to design and equip two oil platform supply vessels. The vessels are to be built at PaxOcean Engineering’s ship yard in Zhuhai, China. The £10 million contract includes vessel design, a fully integrated Rolls-Royce d
EnQuest announced today that its Crathes exploration well, 21/13a-5 encountered a 52ft light oil column in excellent quality Palaeocene sands. Following wireline logging, the well will be drilled ahead to the deeper Moon prospect. EnQuest will then evaluate the potential commerciality of the Scolty,
On 19 and 20 October 2011, the Petroleum Safety Authority Norway (PSA) carried out an inspection of Statoil at Sandsli. The main objective of the inspection was to ensure that Veslefrikk B had buoyancy, stability and ballasting pursuant to applicable regulations. PSA said it didn’t identify any nonc
EnQuest has sanctioned the development of the Alma and Galia fields, subject to anticipated regulatory approvals. This $850 million project will add a fourth hub to EnQuest’s existing operating base, will increase EnQuest’s net 2P oil reserves by 29 MMboe and is expected to increase EnQuest’s produc
African Petroleum Corporation Limited has been awarded two Exploration Permits in Senegal over two offshore blocks: Rufisque Offshore Profond and Senegal Offshore Sud Profond. African Petroleum Corporation Limited , a West African focused oil and gas exploration company, has been awarded two offshor
BP Norge has received consent from Petroleum Safety Authority Norway to use an onshore control room for Valhall at Forus near Stavanger. The new control room with associated systems can operate all the wells at the Valhall centre, Flanke Sør, Flanke Nord and Hod. For the Valhall field, this means th