GulfMark Americas, Inc. has selected BAE Systems’ shipyard in Mobile, Alabama to build two new platform supply vessels that will serve offshore drilling operations. The contract reflects continued growth in U.S. commercial shipbuilding for BAE Systems and a major step forward in the company’s suppor
SapuraKencana Petroleum Berhad has received a letter of award from Kebabangan Petroleum Operating Company Sdn Bhd (“KPOC”) for the provision of hook-up and commissioning services for Kebabangan Northern Hub Development Project located in the South China Sea, 130km offshore Sabah in East Malaysia. Th
National Oilwell Varco, Inc. and Robbins & Myers have entered into an agreement under which National Oilwell Varco will acquire Robbins & Myers, Inc. (NYSE:RBN) in an all cash transaction that values Robbins & Myers at approximately $2.5 billion. Under the agreement, Robbins & Myers’ shareholders wi
Panoro Energy ASA, the independent oil and gas company with assets in West Africa and Brazil, has announced that the operator has secured the use of a semi-submersible drilling unit, to drill the Tortue prospect on the Dussafu Marin Permit, offshore Gabon. The drilling unit, the Scarabeo 3, is owned
CYGAM Energy Inc. , an emerging oil and gas company with interests in Tunisia and Italy, has announced the following update regarding the current drilling moratorium offshore Italy. The Italian government published Legislative Decree 83/2012 (the “Decree”) on June 26, 2012 in the Italian Official Ga
The Trans Adriatic Pipeline announced today that TAP and its existing shareholders EGL, Statoil and E.ON Ruhrgas have reached an agreement with members of the Shah Deniz Consortium to secure funding for the TAP project. These funds will contribute towards continued work in several important areas du
The new Kongsberg Offshore Vessel Simulator – Deck Operator Trainer (seismic streamer function) and the Kongsberg Evotec Bulk Hose Securing Unit have both been nominated for the ONS Innovation Awards, the winners of which will be announced during ONS 2012 at a special innovation lunch on Wednesday 2
Statoil is still trying to find a solution, which will allow the company to participate in the Shtokman project. Both technical and commercial challenges must however be solved before Statoil makes a final investment decision. It was not possible to arrive at a solution for the Shtokman development
Rialto Energy announces that the Block CI-202 joint venture (Rialto 85% working interest and operator and Petroci 15%) has elected to release the Transocean GSF Monitor drilling rig after the completion of drilling and testing of the current Gazelle-P4 development well. This will allow the JV to foc
The Board of Cairn India announces that Mr. Rahul Dhir has decided to step down as Managing Director and Chief Executive Officer of the Company effective 31 August, 2012 to pursue his entrepreneurial interests. The search for Mr. Dhir’s successor is underway and an announcement is expected soon. Dur
Alcoa announced that its Alcoa Oil & Gas business has successfully deployed 1800 meters (5,905 feet) of Aluminum Alloy Drill Pipe (AADP®) in the Iron Duke Well C offshore Seria, Brunei. Alcoa partnered with Brunei Shell Petroleum Co. Sdn. Bhd. (BSP), the largest oil and gas producer in Brunei, and A
Discovery Offshore S.A. announced today that Hercules Offshore Inc. has on 8 August 2012 acquired 2,658,500 shares in Discovery Offshore at an average price of approximately NOK9.50 per share. Following the acquisition, Hercules Offshore holds 21,012,834 shares in the Company, corresponding to 32.1%
Providence Resources P.l.c., the Irish oil and gas exploration and production company, has, together with its partner Lansdowne Oil and Gas plc (“Lansdowne”), a new licensing option over five part blocks adjacent to the Barryroe oil field, by the Irish Department of Communications, Energy and Natura
Aberdeen-based subsea installation contractor Bibby Offshore is leading the way in saturation diving safety in the North Sea after recently carrying out fully successful evacuation trials. The trials involved mating a Self Propelled Hyperbaric Lifeboat (SPHL) from the company’s Diving Support Vessel
