Bayfield Energy Holdings plc, an upstream oil and gas exploration and production company with interests offshore Trinidad and South Africa, provides the following updates concerning its activities. Oil sales contract Bayfield and the Trinidad state oil company, Petrotrin, have agreed revisions to th
TDW Offshore Services (TDW), a leading supplier of pipeline services and equipment, has successfully completed a subsea pipeline pressure isolation operation in the Gulf of Mexico. Carried out at a depth of 370 ft (113 m) against 870 psig, this isolation enabled the safe and effective tie-in of a pi
Fugro N.V. and CGGVeritas announced that they have signed an agreement under which CGGVeritas will acquire Fugro’s Geoscience division, excluding the multi client library and Ocean Bottom Nodes business, for a total cash consideration of EUR 1.2 billion. The transaction is a result of Fugro’s review
Det norske has submitted an impact assessment for the Ivar Aasen field. The impact assessment forms part of the plan for development and operation (PDO) which will be submitted by the end of this year. The Ivar Aasen field lies in the northern part of the North Sea, approximately 175 km west of Karm
Coastal Contracts Bhd announced that its wholly-owned subsidiaries, Coastal Offshore (Labuan) Pte Ltd and Thaumas Marine Ltd, have collectively secured contracts for the sale of two units Anchor Handling Tug Supply (“AHTS”) and one unit Subsea Support Vessel (“SSV”) for an aggregate value of approxi
Deputy minister of petroleum for planning and supervision on hydrocarbon resources says development contracts of 3 oil and gas fields, worth about 7 billion dollars, will be signed in near future. Speaking in a regular meeting of high ranking oil industry managers with media representatives, Mohsen
Salamander Energy plc announces that the Atwood Mako jack up rig (the “Mako”) has arrived on location and commenced development drilling from the Bualuang Alpha platform on the Group’s B8/38 licence in the Gulf of Thailand. The Mako is on long term contract, and will initially complete a short devel
At 06:00 hrs WST, Karoon advises that wireline logs were being acquired in the Boreas-1 well. Since the last report, 108 metres of core was cut and recovered to surface, and the well was drilled to its total depth. Wireline logging will include pressure testing and sampling programs in order to conf
Pacific Drilling S.A. announced today that one of its subsidiaries has reached an agreement with Samsung Heavy Industries to extend, until December 15, 2012, its existing option to construct an eighth ultra-deepwater drillship, on substantially the same commercial terms, with delivery scheduled for
Chevron Corporation announced further drilling success by its Australian subsidiary in the Greater Gorgon Area, located in the Carnarvon Basin, a premier hydrocarbon basin. The Satyr-2 exploration discovery well confirmed approximately 128 feet (39 meters) of net gas pay. The well is located in the
MEO Australia Limited advises that its subsidiary company Seruway Offshore Exploration Limited (SOEL) received handover of the Hercules #208 jack-up drilling rig on 18th September. The rig is under tow to the Gurame SE-1X location and the well is expected to spud on or around the 22nd September. Gur
Providence Resources P.l.c., (“Providence”) the Irish oil and gas exploration and production company, whose shares are quoted in London (AIM) and Dublin (ESM), provides the first technical update on its Rathlin Basin acreage, which is located both onshore and offshore Northern Ireland. Providence ho
Transocean Ltd. issued a monthly fleet update summary which includes new contracts, significant changes to existing contracts, and changes in estimated planned out of service time of 15 or more days since August 15, 2012. Total backlog associated with new contracts or extensions since the August 15,
Otto Marine Limited, a leading offshore marine company which specializes in building complex offshore support vessels, ship chartering and offers specialized offshore services, announces that the Group has sold Oranda 1, a 75-meter Work Maintenance Vessel, to an unrelated party for US$38.0 million.
