LGO today announces the sale of its minority interest in the offshore frontier Malta, Area 4 Petroleum Sharing Contract (PSC).
Rowan Companies plc has announced that J. Kevin Bartol has been appointed to serve as the Company’s Executive Vice President, Finance and Corporate Development. In this new role, Bartol will lead the Company’s Finance, Investor Relations and Corporate Development departments. William H. Wells will c
Scana Propulsion has signed a contract with Kleven Maritime to supply propulsion systems for a supply ship of the type SALT 100 PSV for the shipowner Ugland Offshore in Grimstad. Also, the contract includes an option for one additional vessel. The vessel is designed by Salt Ship Design and the prope
Wärtsilä Hamworthy, the global leader in environmental and liquid cargo handling solutions for the marine and oil & gas markets, has won a contract to supply sewage treatment plant to Eiffage Consortium for an accommodation platform for the second phase of Total’s OFON field off Nigeria. The order i
Dolphin Geophysical has received a Letter of Intent by Shell South Africa Upstream B.V. for up to 8,000 sq. km 3D seismic acquisition, offshore South Africa. The survey will be acquired by M/V Polar Duchess and will commence in Q4 2012. M/V Polar Duchess is a purpose built high-end 3D seismic vessel
Wintershall Norge AS, operator of production licence 370, has completed drilling of wildcat well 33/6-4. The well is dry. The well was drilled about 25 kilometres northwest of the Statfjord Nord field in the North Sea. The objective of the well was to prove petroleum in reservoir rocks from the Pale
Petrobras will earmark US$5.6 billion to increase to 90% the operating efficiency of its mature fields in the Campos Basin Operating Unit (UO-BC) by 2016. First quarter 2012 data show that the operating efficiency index at the fields connected to this unit are currently at about 72%. The information
Eni announces a new giant natural gas discovery in the eastern part of Area 4, offshore Mozambique, at the Mamba North East 2 exploration prospect. This is the fifth exploration well successfully drilled in the area. The new discovery adds at least 10 trillion cubic feet (tcf) of gas in place to Are
Four guidelines in a series being produced by the Well Life Cycle Practices Forum (WLCPF) were published yesterday (31 July ) by Oil & Gas UK to improve cross industry understanding of well-related issues on the UK continental shelf. The guidelines have been developed to share current good industry
Norwegian company Siem Offshore has announced that the sale and delivery of its Multi Role Service Vessel, Siem Swordfish, was concluded on 31 July in line with the charterer’s purchase option that was exercised in December 2009. The gross sales proceeds is in the equivalent of USD 54 million. The p
Thailand’s PTTEP, has announced that on 31 July 2012 at 1.00 p.m. (London time) PTTEP Africa Investment Limited or PTTEP AI, a wholly owned subsidiary of PTTEP has received valid acceptances from Cove Shareholders 91.37% of the existing issued share capital of Cove which is satisfactory to PTTEP AI’
Ensco plc took delivery of the seventh and final rig in the ENSCO 8500 Series® on 30 July at the Keppel FELS shipyard in Singapore, where all the rigs in the series have been built. The rig is contracted to Anadarko for work in the U.S. Gulf of Mexico starting in December. “The construction and [&he
Seamec Ltd recently informed the Bombay Stock Exhange that the company had entered into charter party with CNS INTERNATIONAL SRI, Italy, for its vessel Seamec Princess. The DP2 Saturation Diving Support vessel which departed from Mumbai on July 10 will be deployed in the Mediterranean. The contract
Polarcus Limited, a UAE-based owner of hi-tech seismic fleet has announced second quarter 2012 financial results. The second quarter 2012 was characterized by improved market conditions. This was reflected in the high utilization of 89% in the quarter. Revenues increased largely due to having two mo
