Talisman Energy Inc’s said its production has been set back by about 20,000 barrels of oil equivalent per day (boe/d)during the third … Source: Reuters [mappress] Source: Reuters, October 5, 2011;
British oil producer Premier Oil is to buy North Sea-focused Encore Oil for 221 million pounds ($340 million), continuing its strategy of… By Tom Bergin (Reuters) [mappress] Source:Reuters , October 5, 2011;
The company Statoil is interested in participating in the development of the newly discovered fields, as well as exploration and discovery… By E. Ismayilov (Trend) [mappress] Source: Trend.az, October 5, 2011
Dockwise today announces new contract wins and variation orders, revised payment terms for the Vanguard, and advances from certain clients. These factors, taken together, will materially improve the company’s cash flows and working capital in 2011 and 2012. New contracts and variation orders New con
Hamworthy, a world leader in the design and manufacture of innovative marine and offshore fluid handling systems, announces that it has acquired 100 per cent of the issued share capital of AW Flow Holdings Limited (“AW Flow”) and its subsidiary undertakings, a UK based specialist valve manufacturer
North Energy has completed drilling of the two main reservoirs and one of the secondary targets in the Heilo well in PL 530 in the Barents Sea. The well has not encountered hydrocarbons. The well will now continue drilling to planned total depth in the Havert Formation, testing possible deeper targe
Canadian Overseas Petroleum Limited announces that operations at the Company’s Esperanza prospect located in Block 22/15 of the UK Central North Sea have been initiated. The Ocean Nomad semi-submersible drilling rig is on location and currently waiting for weather to pass for the commencement of dri
Lessons learnt so far from the Deepwater Horizon disaster show that neither the industry nor the government can be satisfied with conditions on the Norwegian continental shelf (NCS). This view was expressed by Magne Ognedal, director general of the Petroleum Safety Authority Norway (PSA), in his ope
Transocean Services AS , a wholly owned subsidiary of Transocean Ltd., has completed the acquisition of 100 percent of the shares of Aker Drilling ASA for NOK 26.50 per share. This acquisition further strengthens Transocean’s industry leadership position, adding approximately $1 billion in backlog a
Technip and Bluewater announced today that they have recently signed an exclusive global agreement to jointly market the Spiral Stacked Turret (SST), a turret system component intended for floating units. The SST is a flexible-hose-based alternative to the traditional mechanical swivel stack that ac
Only one week to go for the 4th edition of Offshore Energy. For the first time in its existence, Offshore Energy takes place in Amsterdam and the event is bigger than ever. At 11 & 12 October, 300 exhibitors will show their products in an 8000 sq.m. hall of the Amsterdam RAI. 5000 visitors […
RADWIN , the global provider of Backhaul and Broadband Wireless Solutions, today announced that its wireless communication systems were deployed by the China National Offshore Oil Corporation – a multi-billion dollar company and the largest offshore oil and gas producer in China. The China National
Heritage Oil Plc , an independent upstream exploration and production company announces that a wholly owned subsidiary has acquired a controlling 51% interest in Sahara Oil Services Holdings Limited (“SOSH”) which holds the necessary long term permits and licences to provide oil field services in Li
On September 29th Ocean Rig took delivery of its fourth drill ship, Ocean Rig Mykonos. The drill ship is currently mobilizing for operations in Brazil for Petrobras. The naming ceremony of Ocean Rig Mykonos took place at the Samsung Heavy Industries shipyard in Korea on July 8th. Ocean Rig owns and
