Oceaneering, a global oilfield provider of engineered services and products primarily to the offshore oil and gas industry has received an order from Brazilian oil giant Petrobras, for the supply of approximately 200 kilometers, or 125 miles, of thermoplastic production control umbilicals for field
Chevron Corporation announced that the Pacific Santa Ana, a deepwater drillship built to Chevron’s specifications, has arrived in the Gulf of Mexico to work for Chevron under a five-year contract. Pacific Santa Ana is the first drillship designed with the capacity to perform dual gradient drilling (
Dril-Quip, a U.S. based company that designs, manufactures and sells drilling and production equipment today announced net income of $28.8 million, for the quarter ended March 31, 2012, compared to net income of $21.7 million for the first quarter of 2011. Total revenues were $177.1 million during t
Nexen Inc. today reported that drilling operations are complete on the Kakuna sub-salt exploration well on Green Canyon block 504 located approximately 180 miles southwest of New Orleans in deepwater Gulf of Mexico. The well did not encounter commercial hydrocarbons, and is now in the process of bei
Ithaca Energy, a North Sea focused oil and gas exploration, development and production company, announced on March 1, 2012, that it had received unsolicited interest from a number of third parties. The company, with offices in Canada and UK, also advised that the Board of Ithaca concluded that it wa
Mechanical engineering company, EnerMech, has been awarded a valves management project by McDermott Arabia Company Limited (MACL) in support of its work on behalf of Khafji Joint Operations (KJO). Khafji Ratawi Water Injection Facilities project includes engineering, procurement, fabrication and ins
Sweden-based Floatel International Ltd, established in 2006 to satisfy a market demand for a new generation of offshore floatels, is contemplating the issuance of up to a USD 200 million equivalent bond issue in the Norwegian bond market. The proceeds from the bond issue will be used to finance the
Bass Strait Oil Company Ltd announces that the Commonwealth Victoria Offshore Petroleum Joint Authority has just granted the Company the 2011 Australian Acreage Release block V11-5 which will be known as Vic/P68. The area lies in the northeastern part of the Gippsland Basin, and covers parts of the
French supermajor Total said an important progress in stopping the leak on the G4 well on the Elgin complex was made on May 4 when the semi-submersible drilling rig, the West Phoenix, moved within the current exclusion zone ready to position itself directly alongside the complex. The dynamically pos
The Norwegian Petroleum Directorate on Friday granted Statoil Petroleum AS a drilling permit for wellbore 34/7-35 S, cf. Section 8 of the Resource Management Regulations. Wellbore 34/7-35 S will be drilled from the Ocean Vanguard drilling rig at position 61°18’3.71”N and 2°12’18.88”E in Norwegian pa
Twelve new offshore petroleum exploration permits have been awarded in waters off Western Australia and Victoria, and will see $303 million in new investment over the next three years. A total of 46 bids were received for 16 release areas of the first 2011 Offshore Petroleum Exploration Acreage Rele
Aker Solutions is establishing an office in Ålesund, Norway, to connect with the engineering competence in the region and thereby facilitate further growth for the oil services company. The Ålesund region and its marine industry is renowned for highly skilled and competent engineers. The new office
Brazil’s state controlled oil company Petrobras announced that a combined domestic and foreign oil and natural gas output in March stood at an average 2,599,969 barrels of oil equivalent per day (boed). Output in Brazil averaged 2,346,477 boed and foreign output stood at 253,492 boed. Of total domes
Fairmount Marine’s tug Fairmount Sherpa has towed the rig ODN Tay IV from Las Palmas towards al location offshore Rio de Janeiro, Brazil. For this job Fairmount Marine was contracted by Odebrecht Oil and Gas for the third time in a row. ODN Tay IV is a semi submersible drilling rig for deep water op
