Fossil Energy
Boskalis Now Holds 42 Pct of Dockwise Shares (The Netherlands)
Royal Boskalis Westminster N.V. announces that it has acquired 659,869 ordinary shares in Dockwise (the Shares) in the course of trading today. All these Shares were acquired through Euronext Amsterdam and were purchased at an average price of EUR 18.50 per Share with a maximum price of EUR 18.50 pe
Central GoM Lease Sale 227 to Be Held on March 20 (USA)
As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Secretary of the Interior Ken Salazar and Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau yesterday announced that Central Gulf of Mexico Lease Sa
Fairmount Tows Noble Max Smith to Brazil
Super tugs Fairmount Sherpa and Fairmount Expedition, owned by a Dutch ocean towage specialist, Fairmount Marine, have towed the semi-submersible drilling rig Noble Max Smith from the Gulf to Brazil. Both tugs hooked-up in Pascagoula Mississippi, USA. The Noble Max Smith is a semi-submersible drilli
ConocoPhillips, Maersk Hire Noble’s New Jack-Ups
Noble Corporation, a Switzerland-based offshore drilling contractor for the oil and gas industry, has secured contracts for two of its newbuild rigs. The first contract is for the Noble Houston Colbert jack-up rig, currently under construction in Singapore’s Jurong Shipyard. Upon delivery, the rig w
QGOG Constellation Postpones IPO
QGOG Constellation S.A. (“QGOG Constellation”), a Brazilian-controlled provider of offshore and onshore oil and gas contract drilling and FPSO services in Brazil, today announced that, due to market conditions, it has decided to postpone its previously-announced initial public offering of common sha
Oceaneering’s Umbilicals for BP’s Quad 204 Development (UK)
Oceaneering International, Inc. has secured an order from BP Exploration Operating Company Limited (BP), a subsidiary of BP pl, to supply umbilicals for BP’s Quad 204 field development west of Shetland, United Kingdom. This order adds over $45 million to Oceaneering’s Subsea Products backlog. The or
Ensco Replacing GE’s Faulty Bolts
International drilling contractor, Ensco plc reported that a vendor, GE Oil & Gas, recently communicated that certain batches of bolts used in offshore drilling should be inspected for possible replacement. GE Oil & Gas issued notices regarding these bolts after a competitor’s rig experienced operat
Trap Oil Farms Into Trent East Terrace Area (UK)
Trapoil, the independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, has announced details of its farm-in to the Trent East Terrace area and provide an operational update, principally in respect of certain of its pla
Technip to Build Malaysia’s First Tension Leg Platform
Technip, in a joint venture with Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE), was awarded by Sabah Shell Petroleum Company Ltd (SSPC) a substantial contract(2) for the engineering, procurement and construction of a tension leg platform (TLP) for the TLP Malikai Deepwater Project. This TLP w
GC Rieber Shipping Sells Seismic Vessel (Norway)
Norway’s GC Rieber Shipping has agreed to sell the 2D seismic vessel “Polar Explorer” to an undisclosed client. The vessel has been sold at book value, and the transaction will have a positive cash effect of approximately NOK 45 million (USD 8.19 million). The “Polar Explorer” (previously “Geo Explo
VIDEO: Apache’s Coniston Development Offshore Australia
In the following video, Apache Corporation presents ist Coniston development project, located offshore Western Australia. The Final Investment decision for the project was made by Apache and INPEX in December 2011. The project involves development of the Coniston and Novara oil fields via a tie-back
Chevron Makes 20th Discovery Off W. Australia
Chevron Corporation today announced the 20th discovery off the Western Australian coast since mid-2009 by its Australian subsidiary following further drilling success in the Exmouth Plateau area, located in the prolific Carnarvon Basin, a premier hydrocarbon basin. The Kentish Knock South-1 explorat
ABB Supplies Electrical Systems for 7 Petrobras’ Drillships (Brazil)
ABB, the leading power and automation technology group, has won orders worth $160 million from Jurong Shipyard Pte Ltd. for the design, supply, supervision of installation, testing and commissioning of the main electrical systems for seven next generation drill ships that will operate in the deep wa
Noble Energy Reports 4Q 2012 Net Income of $251 Mln
Noble Energy, Inc. reported today fourth quarter 2012 net income of $251 million, or $1.39 per share diluted, and net income from continuing operations of $277 million, or $1.54 per share diluted. Excluding the impact of an unrealized commodity derivatives gain and an asset impairment charge, fourth