Oil services firm OEG Offshore (OEG) is celebrating a successful first exhibition at the Offshore Energy Conference in the Netherlands. The Aberdeen-based firm – which specialises in the design, build and rental of cabins and cargo-carrying units for the offshore oil and gas market – was one of more
Vagit Alekperov, OAO LUKOIL President, met today with Joseph Oteng-Adjei, Minister of Energy of the Republic of Ghana, members of a delegation of the Cabinet of Ministers of the Republic and also with heads of Ghana National Petroleum Corporation at OAO LUKOIL headquarters in Moscow. The parties dis
DEO Petroleum has acquired a part share in the North Sea assets of Nexen Petroleum in a deal worth £10.5 million. By TERRY MURDEN (The Scotsman) [mappress] Source:The Scotsman , October 8, 2010;
Rig utilisation in the third quarter of 2010 was 80 per cent. Safe Lancia was in operation in Mexico until 6 August and commenced a new contract in Mexico on 19 August. Safe Caledonia was in operation until mid-September. Safe Concordia and Safe Astoria were idle in the third quarter. All other eigh
Antrim Energy Inc. announced it has signed an agreement with Premier Oil UK Limited to jointly explore development options for the Fyne Area located in the UK Central North Sea. Under the terms of the agreement, Premier will pay an initial consideration of US$2 million to Antrim, and will have the o
After having developed the concept and basic design for Heerema’s new monohull vessel, Ulstein Group´s Dutch based design company, Ulstein Sea of Solutions (USOS), has now also been awarded the further engineering of the vessel with the selected shipyard, DSME of South Korea. In February 2010, USOS
Vessel utilization is defined as the percentage of the full quarter where the vessel is in paid work either in the form of acquisition, mobilization, demobilization, steaming, standby or other. The vessel utilization for the 9 seismic vessels operated by SeaBird for Q3 2010 was 66%, down from 76% in
Reference is made to the press release sent out on September 20, 2010 regarding the sale of the drillship Songa Saturn. Songa Offshore SE announced that the transaction is now finalized and the drillship was delivered to a wholly owned subsidiary of PetroSaudi Oil Services Ltd this morning. The dril
CGGVeritas provides its vessel utilization and its fleet allocation updates for the third quarter of 2010. Vessel utilization for the third quarter 2010: * The vessel availability rate1 was 87%. This compares to a 92% availability rate in the second quarter of 2010 and a 90% rate in the third quarte
Ithaca Energy Inc. and its wholly owned subsidiary Ithaca Energy (UK) Limited , an independent oil & gas company with exploration, development and production assets in the UK sector of the North Sea, announces third quarter production and the completion of the first workover in a five well workover
AMEC, the international engineering and project management company, has been awarded a front-end engineering design (FEED) contract from National Grid Carbon for a carbon capture and storage (CCS) project at Longannet Power Station in Fife, Scotland. The value of the contract has not been announced.
BP and SOCAR (the State Oil Company of the Republic of Azerbaijan) announced they had signed a new production sharing agreement (PSA) on joint exploration and development of the Shafag-Asiman structure in the Azerbaijan sector of the Caspian Sea. The PSA was signed today in Baku by Rovnag Abdullay
WGP announced the successful completion of BP’s Valhall Life of Field Seismic (LoFS) no. 12 survey on time and in budget. The M/V Stril Myster has been fully demobilised and returned to supply vessel duties for BP. In 2003 BP installed its LoFS Ocean Bottom Cable (OBC) array and contracted WGP to de
Aberdeenshire-based supplier of specialist oilfield chemicals Aubin has developed a ground-breaking concept that it says could … [mappress] Source: Worldnews, October 7, 2010;
