Fossil Energy
Eni Finds More Gas Offshore Mozambique
Italy’s Eni today announced it has successfully finalized the appraisal campaign of the discoveries in Area 4 in Mozambique with the drilling and testing of Mamba South 3, which is the ninth well drilled in the exploration permit. The well results have exceeded expectations and Eni has updated the e
Anadarko’s Lucius Spar En Route to Gulf of Mexico
Last Friday, Technip and Anadarko Petroleum Corporation held the Lucius Spar sail away ceremony. The christening ceremony took place in Technip’s yard in Pori, Finland. Thierry Pilenko, Technip’s Chairman and CEO, as well as Anadarko’s Senior Vice President for International and Deepwater Operations
NOPSEMA: Number of Dropped Objects on Offshore Rigs on the Rise (Australia)
Australia’s NOPSEMA, a Commonwealth Statutory Agency regulating the health and safety, structural integrity and environmental management of all offshore petroleum facilities in Commonwealth waters, and in coastal waters where State powers have been conferred has identified a concerning increase in d
FMC Technologies 1Q Boosted by Subsea Technologies’ Orders
FMC Technologies, Inc.,a U.S.-based provider of subsea systems and services to the global offshore oil and gas industry, yesterday reported first quarter 2013 revenue of $1.6 billion , up 18 percent from the prior-year quarter. Diluted earnings per share were $0.43 compared to $0.41 in the prior-yea
FoundOcean Full Year 2012 Profit Rises 51% (UK)
Scottish-based FoundOcean, the world’s largest dedicated offshore construction grouting company, has announced its 2012 year-end results which saw turnover hitting £17.9 million, up 51% on the previous year. FoundOcean’s Managing Director, Jim Bell sheds light on how the company has recorded success
COSL Orders New Seismic Vessel (China)
On 22 April 2013, China Oilfield Services Limited (“COSL” or the “Company”) signed an agreement to commission construction of 12-Streamer Seismic Vessel, HYSY721 by Shanghai Shipyard Co. Ltd. HYSY721 will be a large-scale dual-source deepwater seismic vessel, which will primarily engage in deepwater
BP Extends COSLRival Contract (UK)
COSL has announced that its COSLRival accommodation rig has been awarded a contract extension by BP with a firm duration of 12 months. Previously the firm duration was 6 months and 20 days. The rig will be used at BP’s Magnus field in the UK sector of the North Sea. The contract is expected to [&hel
Seadrill Buys 100 More Shares of Asia Offshore Drilling
Seadrill Limited, one of the world’s biggest offshore drilling contractors, has today acquired additional 100 shares of Asia Offshore Drilling Limited . The shares were acquired at price NOK28.70 per share. Following this acquisition, Seadrill will be the owner of 39,739,647 shares in the Company, c
One Person Dies at Aibel’s Haugesund Yard (Norway)
One person died in Skipsbyggerhallen at Aibel’s yard in Haugesund on Tuesday. According to a press release issued by Aibel, one of the largest oil service companies in Norway, the circumstances surrounding the incident are still unclear. Police have completed their preliminary investigation and will
Malaysia: Coastal Sells 7 OSVs for $142 Million
Malaysia’s Coastal Contracts has announced that its subsidiaries have secured contracts for the sale of seven units Offshore Support Vessels and two units Oil Barges for an aggregate value of approximately RM434 million (142 Million). Including the new contracts and after adjusting for revenue recog
Statoil Drills Duster in Norwegian North Sea
Statoil Petroleum AS, operator of production licence 360, is about to complete drilling of wildcat well 16/8-3 S, offshore Norway. The well was drilled about 40 kilometres east of the Sleipner Øst field and 60 kilometres south of the Johan Sverdrup discovery in the central part of the North Sea. The
RWE Dea Farms Into Two West of Shetland Licences (UK)
RWE Dea, Germany’s oil and gas exploration and production company, has completed its farm-in to Licences P1631 and P1832. The first well is planned to spud in autumn 2013. The farm-in will allow the company to participate in the drilling of the Handcross prospect in the UK Continental Shelf (UKCS),
BMT Granted Patent for Its Subsea, Insulated Riser Strain Measurement Method
BMT Scientific Marine Services (BMT), a subsidiary of BMT Group Ltd, has been granted a patent for its strain measurement system and unique attachment scheme that can be integrated into the insulation layer on ultra-deep water Steel Catenary Risers (SCRs). U.S. Patent No. 7,891,254 recognizes the de
Halliburton’s ESTMZ System Used on Chevron’s Three Gulf of Mexico Wells
Halliburton announced today the successful completion of three wells in the Deep Water Gulf of Mexico utilizing Halliburton’s Enhanced Single-Trip Multizone (ESTMZ™) FracPac™ System. ESTMZ™ downhole tool system enables the operator to stimulate and gravel pack multiple production zones in a single t