Providence Resources P.l.c., (“Providence”) the Irish oil and gas exploration and production company, whose shares are quoted in London (AIM) and Dublin (ESM), has provided a technical update on the Barryroe oil discovery in the North Celtic Sea Basin, offshore Ireland. Providence (80%) operates Bar
Oceaneering International, Inc. announced that Roderick A. Larson has agreed to join Oceaneering as Senior Vice President and Chief Operating Officer. Larson will be responsible for all of Oceaneering’s worldwide oilfield business operations. In 2011 these accounted for approximately 90 percent of O
The Government of Mozambique has given its consent to the offer made by Shell to acquire the company and its 8.5 per cent participating interest in Rovuma Offshore Area 1 which would arise on the takeover. Cove said it “received written confirmation from the Government that it consents to the offer
Malaysia’s Kencana Petroleum has received a Letter of Award on 20 April 2012 from Murphy Sarawak Oil Co., Ltd. for the fabrication of offshore topsides. Under the contract, Kencana Petroleum’s subsidiary, Kencana HL, will provide Engineering, Procurement, Construction and Commissioning (EPCC) of Ser
Norway’s Ulstein Verft yesterday succesfully launched a new PSV, Blue Prosper (Yard no. 294), the second of two medium-sized platform supply vessels (PSV) of the new PX121 design from ULSTEIN® for Blue Ship Invest. The platform supply vessel was launched from the dock after the final paintwork had b
The licensees of Norway’s Johan Sverdrup discovery will select a development concept in the fourth quarter of 2013, and aim to start production in the last three months of 2018. With a forecast producing life of more than 30 years, the production time frame for this North Sea find extends to 2050. A
Miclyn Express Offshore (“MIO”) has secured a 5 year contract worth approximately US$130 million for 21 Crew/Utility Vessels to service Chevron`s production logistics in the Gulf of Thailand. The new contract is a continuation of a long standing relationship between MIO and Chevron in the region, un
Statoil ASA, together with partners Eni Norge AS and Petoro AS, has established a plan for further exploration drilling in the Skrugard area. The exploration campaign will comprise four new prospects and is scheduled to commence late 2012. The objective is to follow up on the Skrugard and Havis disc
TGS has commenced acquisition of a 3D multi-client survey covering 3,210 km2 in the Erlend Basin on the UK Continental Shelf, West of Shetlands. This is the first multi-client 3D survey in the Erlend Basin and builds on the improved imaging shown by the reprocessed TGS North Sea Renaissance 2D data.
Diamond Offshore Drilling, Inc. has entered into a turnkey contract with Hyundai Heavy Industries Co., Ltd. for construction of a new ultra-deepwater drillship with delivery scheduled in the fourth quarter of 2014. Total cost, including commissioning, spares and project management, but excluding cap
U.S. offshore marine support vessel operator SEACOR Marine LLC (SEACOR Marine), located in Houma, Louisiana, has chosen Kongsberg Maritime to supply sophisticated Dynamic Positioning systems for two new 190-foot CrewZer Class Crew boats (also known as Fast supply vessels). SEACOR Lynx and SEACOR Leo
MPX North Sea Ltd has completed suspension operations on well 3/3b-13Z (Orlando) and the Awilco Wihunter has moved to Block 211/11b adjacent to the Magnus Field to drill the Timon Prospect. Well 211/11b-7 was spudded on 4th May 2012 and is anticipated to take around 40 days drilling to a total depth
IEV (Malaysia) Sdn Bhd has safely and successfully completed the two turnkey decommissioning projects awarded by Petronas Carigali ahead of schedule on 7 May 2012. Worth a total of RM27.0 million (USD 8.8 million), the scope of work for the two Decom Projects included the provision of Engineering, P
Norway’s Aker Solutions, a company that provides oilfield products, systems and services for customers in the oil and gas industry world-wide reported first quarter of 2012 operating revenues of NOK 9.8 billion (USD 1.67 billion), a 15.7 per cent increase from the first quarter of 2011. Earnings bef
