Polarcus Limited announced today that the Company is upgrading POLARCUS SAMUR from the current 6 streamer arrangement to an 8 streamer configuration. The upgrade will enable the Company to take advantage of the evolving seismic market environment and provide the flexibility to tender the vessel on a
Topaz Energy and Marine has announced the delivery of the deck structure for a Mobile Offshore Production Unit and storage (MOPUstor). [mappress] Source:Bairdmaritime,September 15, 2010,
Topaz Energy and Marine yesterday announced the successful project delivery of the deck structure of a ‘Mobile Offshore Production Unit and storage’ (MOPUstor). The MOPUstor deck was constructed by Topaz Fabrication and Construction; part of the Topaz Engineering division under a subcontract from Si
Shipowner Polarcus took delivery of the 12 streamer 3D/4D seismic vessel Polarcus Asima on 31 August. The vessel is built at Drydocks World Dubai, and is of ULSTEIN´s SX134 design. The vessel, measuring 92 m length and 21 m breadth, is the largest in the Polarcus fleet Polarcus Asima is classed with
Euronav NV announced today that TI Africa Ltd., the owner of FSO Africa, has signed a new contract with Maersk Oil Qatar AS (MOQ) for the provision of FSO services on the Al Shaheen field offshore Qatar. Within the limits of its confidentiality obligations, the Company disclosed that the contract ha
Lebanon is keen to start all-out offshore gas and oil exploration by the start of 2012 once interested companies submit their bids next … [mappress] Source: zawya, August 20, 2010;
Dubai Deutsche Bank AG London Branch (DB) and Standard Chartered Bank (SCB), along with Abu Dhabi Commercial Bank ADCB, DBS Bank Ltd… [mappress] Source: zawya, August 19, 2010;
BP has delayed the start of drilling at its offshore Libyan blocks from July to later in the year, company spokeswoman Sheila Williams… [mappress] Source: zawya, August 16, 2010;
Noble Energy, Inc. announced today that it has received government approval for the development of the 2009 Tamar gas discovery in the Mediterranean offshore Israel. Until recently, Noble Energy and its partners planned to develop Tamar using an option (Tamar North) that would flow gas from the deep
The geophysical service company WesternGeco received their new Ulstein SX124 design vessel ‘WG Cook’ from Drydocks World – Dubai (DWD) on 2 August. The ultra modern high capacity 12-streamer 3-D seismic vessel is the second of this design built at DWD for WesternGeco. ‘WG Cook’ measures 90.5 metres
McDermott International, Inc. announced one of its subsidiaries was awarded a contract to upgrade and enhance a water injection system for Abu Dhabi Marine Operating Company (ADMA-OPCO) in the Zakum field. The contract value is expected to be approximately $350 million and is included in McDermott’s
The construction of onshore and offshore oil and gas pipelines is driving growth in the welding equipment and consumables market. Growth is largely due to high demand from major pipeline construction companies requiring welding equipment, consumables, manufacturing automation, steel pipes, cables an
Delek Group has announced that in reference to the immediate reports dated August 19th, 2009 and July 8, 2010 the Company’s Board of Directors decided on August 4th, 2010 to increase its investment in Noble Energy Inc. (“Noble”) shares to amount up to approx. 4% of Noble’s issued and outstanding sha
Polarcus Limited announced today that the Company, in association with its partner Sonar Limited, has received a Letter of Intent from OMEL Exploration and Production Nigeria Limited for a 530 square kilometer 3D seismic acquisition project over block OPL 279, offshore Nigeria. The project, to be ac
