Sercel announced today the expansion of its marine seismic equipment offering with the launch of the Sentinel® RD, the latest generation of its Sentinel solid streamer. With over 4,000 km of streamers delivered to more than 60 seismic vessels worldwide since its introduction in 2005, Sentinel has be
Today in Kuala Lumpur (Malaysia) a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Do Van Hau, President and CEO of Petrovietnam State Oil and Gas Corporation took place as part of the 25th World Gas Conference. The parties addressed a number of issues regardi
MPM has been awarded the contract for subsea wetgas meters for the Åsgard Subsea Compression by Aker Solutions. The meters will be installed upstream each compressor train, as part of Aker Solution’s retrievable cooler module. The Åsgard field lies in 250 – 300 m water depth in the Norwegian Sea, ab
ION Geophysical Corporation today announced the launch of Calypso™, its next generation redeployable seabed acquisition system. Leveraging ION’s industry-leading VectorSeis® digital sensors to deliver the same unrivaled broadband imaging, Calypso is designed to operate at twice the depth and to deli
More than one year prior to delivery Denmark’s Maersk Drilling has signed a contract with a major oil company for the first in a series of four identical ultra deepwater drillships currently under construction. The contract duration is three years and commencement is expected by end 2013 upon delive
Dolphin Group ASA has appointed Tim Wells as Chairman of the Board for Dolphin Group ASA. Wells has more than 35 years’ experience from the seismic industry. He began his career with Digicon Geophysical in Houston as a Processing Geophysicist and was rapidly promoted to manage their South and North
ASCO, an oil and gas logistics company, has signed a three year partnership deal to support Maersk Oil’s drilling campaigns in Norway. The campaigns will be supported from ASCO’s Kristiansund Base at Averøy. The first oil rig to be supported under the new contract will be the Transocean Barents at l
Ramboll Oil & Gas has landed its first contract for Gazprom’s top development priority, the Kirinskoye gas and condensate field. The field is a part of the Kirinsky block in the major Sakhalin 3 area located 28 kilometres offshore the island of Sakhalin in the Sea of Okhotsk. The area is part of the
Seadrill, one of the world’s largest drilling contractors, has announced it is in advanced discussions regarding a new five-year contract for the drillship West Polaris. This new contract will start in direct continuation of the existing assignment which is scheduled to be completed in October 2012.
Ukraine has invited oil & gas companies to file their bids for exploration and production rights in two fields located in Ukraine’s part of the Black Sea, the Financial Times reports. The country is trying to improve its energy security and reduce its dependance on Russian gas imports and hopes to u
Russia’s LUKOIL last week took over the operatorship of offshore exploration projects CI-101 and CI-401 (Republic of Cote d’Ivoire) and Cape Three Points Deep Water (CTPDW, Republic of Ghana) from Vanco Group. All of the three blocks are located close to each other on the deepwater continental slope
Miclyn Express Offshore Limited has concluded a financing agreement with GE Capital for secured credit facilities of US$23.4m to be used to refinance the existing credit facility for Samson Maritime Holdings Pty Ltd, acquired fully by Miclyn in December 2011. The refinancing was completed in conjunc
Marathon Oil and its partners ConocoPhillips and Lundin Petroleum have submitted the plan for development and operation (PDO) of the Bøyla field located on the Norwegian Continental Shelf to the Norwegian Ministry of Petroleum and Energy. The Bøyla development is expected to begin production during
Awilco Drilling PLC, a UK-based offshore drilling contractor, has received notice of termination of its WilHunter rig contract with MPX North Sea Ltd as a consequence of the technical downtime. On May 24, Awilco reported that operations on WilHunter which was drilling the Timon exploration well in t