Sigma Offshore, the international FPSO moorings and marine engineering services company, has appointed a leading industry figure to its executive ranks as the business looks to expand with the launch of a new London office. Bob Coates, who was previously a director with London Marine Consultants, wh
Sembcorp Marine through its wholly-owned subsidiary SMOE Pte Ltd (SMOE) has acquired from Smulders Group the entire share capital in its wholly-owned subsidiary of SLP Engineering Limited (SLP). SLP, based in Lowestoft Suffolk, United Kingdom (UK), will be renamed Sembmarine SLP Limited (Sembmarine
Island Offshore has declared an option with STX OSV Brevik to build 2 medium size PSV`s type UT 717 CD. These vessels will become number 3 & 4 in the series and they will be delivered in November 2013 and February 2014. The hulls will be delivered from STX OSV Braila in Romania and completed [&helli
EPL Oil & Gas, Inc. (EPL or the Company) announced it has executed a purchase and sale agreement to acquire certain shallow water Gulf of Mexico (GOM) shelf oil and natural gas interests from Hilcorp Energy GOM Holdings, LLC (Hilcorp) for $550 million. The assets are currently producing approximatel
SKF recently announced that it will supply magnetic bearings to two new major gas projects in Australia. SKF’s S2M magnetic bearings will equip the natural gas treatment turbo expanders for the Ichthys Gas Field project and the Prelude first FLNG barge. Vincent Megret, Managing Director, SKF Magneti
Dolphin Drilling AS, a subsidiary of Fred. Olsen Energy ASA, has entered into a Letter of Award (LOA) with a Rig Management Norway AS consortium consisting of four oil companies. The LOA is for a 15 well drilling contract with an estimated duration of 3 years for the semi-submersible drilling rig Bo
The Board of Rialto announces the appointment of Mr. Andrew Donald Bartlett as a Non-executive Director of the Company. Mr. Bartlett. 54, has over 30 years of experience in the Oil & Gas Industry. He has a wide range of skills, in both the upstream industry and across finance in M&A, Project and Mez
Fairmount Marine’s tug Fairmount Sherpa has delivered rig Atwood Condor fast and safely in Port of Spain, Trinidad. The semi submersible rig was towed from Port Louis, Mauritius, over a distance of 8,100 nautical miles with an average speed of 8.5 knots. The Atwood Condor is a 2012 Singapore build d
Norske Shell has been granted consent to use the new subsea loading system for crude oil on the Draugen field. Installation and commissioning of the new subsea loading system is planned during the fourth quarter of 2012. During commissioning of the new system, the existing loading buoy (FLP) will be
Lundin Petroleum AB (Lundin Petroleum) announces that it has commenced the third well in its 2012 Malaysian drilling campaign with the spud of Merawan Batu-1 exploration well in PM308B Block, offshore east coast Peninsula Malaysia. The well will target hydrocarbons in Oligocene aged sands in a fault
Ophir Energy plc (“Ophir” or “the Company”) announces the successful completion of its 2012 three-well drilling program in Block R, Equatorial Guinea. All three wells exceeded pre-drill recoverable resource estimates. The Fortuna West-1 (R6) exploration well in Block R, Equatorial Guinea has added a
Lundin Petroleum AB’s (Lundin Petroleum) wholly owned subsidiary Lundin Norway AS (Lundin Norway) announces that Statoil Petroleum AS (Statoil) has commenced the drilling of appraisal well 16/2-14 in PL265. The well is located in licence PL265 in the Norwegian North Sea. Well 16/2-14 will appraise t
Royal Dutch Shell (“Shell”) is engaged in a multi-year drilling programme to explore for new oil & gas resources in high-potential blocks in offshore Alaska. Important progress has been made with this programme, with two drill ships, more than twenty support vessels, an approved capping stack, and o
FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, announces that the Loligo exploration well is a gas discovery. The Loligo well has proven a working hydrocarbon system in the northern part of the East Falkland basin. The
