Faroe Petroleum has announced that drilling has started on the Clapton prospect in the Norwegian North Sea (Faroe 40% and operator). Well 2/8-18 S is Faroe Petroleum’s first operated well in Norway and will target the Clapton Prospect located in PL440 S in block 2/8, approximately 5 km east of the E
FMC Technologies, Inc., a global provider of technology solutions for the energy industry, has signed two five-year contracts with Island Offshore Management AS to supply Light Well Intervention (LWI) services for use by Statoil in the North Sea, contingent on approval from Statoil’s partners. Each
UAE-based Drydocks World, the established international player in ship repair, conversion, new building and offshore construction, have announced that Shell’s pioneering Prelude Floating Liquefied Natural Gas (FLNG) facility – the world’s first – was initiated with a Steel Cutting ceremony of its Tu
Romanian drilling contractor, GSP Offshore, has secured a contract for its jack-up rig GSP Prometeu for work in the Romanian Black Sea. The contract awards comes from OMV-Petrom. Under the contract, the rig, built in 1984 and refurbished in 2003, will provide offshore light workover, support for wel
Venari Resources LLC , an early-stage company focused on deep water oil exploration in the Gulf of Mexico, today announced that leading investment firms Warburg Pincus, Kelso & Company, Temasek, and The Jordan Company have agreed to make an investment of up to $1.125 billion in the Company. Venari R
McDermott International, Inc. announced today that one of its subsidiaries has been awarded a contract for the new Ayatsil-B drilling platform for PEMEX in the Bay of Campeche Ayatsil field. The value of this award will be included in McDermott’s second quarter 2012 backlog. “This award follows on t
The shipbuilding giant Fincantieri Cantieri Navali Italiani S.p.A. and NLI, a Norwegian total supplier to oil & gas business, announce today the signing of a collaboration agreement, supporting the aim to penetrating the Mobile Drilling Units construction market. This agreement includes the developm
During the Seawork Awards Dinner on 22 May, Kommer Damen was awarded with the Lifetime Achievement Award. Arnout Damen, COO of Damen Shipyards Group, accepted the inaugural award on behalf of his father from Caroline Dinenage, MP for Gosport, Stubbington, Lee-on-the-Solent and Hill Head. After worki
The launch of a new centre of North Sea expertise today could boost jobs and growth in Scotland, accelerate development of carbon capture and storage (CCS) and unlock three billion barrels of hard-to-reach oil from the North Sea – worth £190 billion (approximately USD 300 billion). The Centre for No
Norway based subsea specialist Ocean Installer has started building a VLS and carousel for the laying of umbilicals and flexible flowlines. The lay spread will be installed on the long-term chartered subsea construction vessel (SCV) “Normand Clipper” and be operational in Q1 2013. This investment is
SapuraKencana Petroleum Berhad has announced that its Australian subsidiary SC Projects Pty Ltd, a wholly owned subsidiary of the Company incorporated in Australia, on April 26 received a contract from Origin Energy Resources Ltd for the Origin Otway Phase 3 Development. The value of the contract is
The latest North Sea licensing round for oil and gas drilling has broken all previous records for the number of applications received by the Government. A total of 224 applications have been submitted for the 27th Licensing Round covering 418 blocks of the UK Continental Shelf. It is the largest num
Niko Resources, an India and South East Asia focused oil and gas exploration and production company, has decided to relinquish its interest in the D4 (MN-DWN-2003/1) block, offshore India. The most current geological assessment related to the size and risk of the trapping mechanism and current comme
Wood Group, the international energy services company, announces that Mary Shafer-Malicki will join Wood Group as a non-executive director on 1 June 2012 and will also join the Board’s Nomination and Audit Committees. Mary worked for Amoco and BP for 17 years, latterly a Senior Vice President and CE
