NOPSEMA, Australia’s national independent regulator for offshore petroleum health and safety, well integrity and environmental management, today released the latest health and safety performance report for Australia’s offshore petroleum industry. The report contains data of inspections, investigatio
The load-out and sail-away ceremony will be held May 14th for the Su Tu Trang jacket and topside at PTSC M&C fabrication yard in Vung Tau City, Vietnam. The ceremony will be attended by the representatives of Vietnam Oil and Gas Group, PetroVietnam Exploration and Production Corporation (PVEP), Petr
Stone Energy Corporation has acquired Anadarko’s 25% working interest in the five block deep water Pompano field in Mississippi Canyon, a 22% working interest in Mississippi Canyon Block 29, and a 10% working interest in portions of MC 72. The purchase price under the agreement is $67 million in cas
Brazil’s oil company Petrobras on Monday signed an agreement for the conversion of four VLCC (Very Large Crude Carrier) vessels into the hulls of the future P-74, P-75, P-76, and P-77 Floating Production Storage and Offloading (FPSO) vessels, which will operate in the Santos Basin pre-salt. The tota
The contract is for a three-year period for drilling offshore West Africa, with an estimated backlog of approximately $652 million.
Norway’s TGS announced today that its Geological Products division purchased all the outstanding shares of Volant Solutions Inc. Volant is a small, six-employee technology company based in Houston that provides integration solutions for E&P companies to address the challenges of managing ever increa
Bond Offshore Helicopters Ltd, one of the UK’s leading providers of energy support services reports that at 12.13h yesterday an Eurocopter EC225 helicopter (registration G-REDW) outbound from Aberdeen going to the Ensco102 Maersk Resilient platform made a controlled descent 24 nautical miles off-sho
David Hicks has been appointed by EMGS to take over the role of President of the EMGS North South America business unit. He will be based in Houston, Texas and report to CEO Roar Bekker. David has an extensive background in the oil and gas industry. After receiving his MSc at the University of South
Oil & Gas UK’s report on the UK oil and gas well services sector, published yesterday, shows that in 2011 the gross revenue generated from UK oil and gas business grew dramatically by 28 per cent to $2.8 billion (£1.7 billion). The number of highly-skilled jobs supported by the sector across the UK
Aberdeen-based subsea installation contractor Bibby Offshore today hosted a visit by the Secretary of State for Scotland, Rt. Hon. Michael Moore MP, as part of a fact-finding mission on the energy sector in the city in conjunction with Oil & Gas UK. He joined senior representatives from Bibby Offsho
Aberdeen Coastguard has confirmed that a helicopter has been forced to ditch into the North Sea 30 miles east of Aberdeen. 14 people on board have been confirmed to be in a liferaft and rescue units are now on scene. Aberdeen Coastguard was alerted at 12.15pm that a Bond helicopter was on route from
Apply Leirvik has been awarded an Engineering, Procurement & Commissioning (EPC) contract from Kvaerner Stord for delivery of a Living Quarter and Helideck to the Lundin’s new Edvard Grieg Platform (formerly Luno). The contract includes delivery of a new 7 floor Living Quarters Module with an area o
BW Offshore, a global provider of floating production storage and offloading (FPSO) vessels to the oil and gas industry reported that the company’s operating revenues for the first quarter of 2012 amounted to USD 217.5 million, an increase of USD 9.4 million compared to USD 208.1 million in the four
Vantage Drilling, an offshore drilling contractor headquartered at Cayman Islands, reports a net loss of $1.2 million or ($0.00) per diluted share for the three months ended March 31, 2012 as compared to a net loss of $18.7 million or ($0.06) per diluted share for the three months ended March 31, 20