Norwegian seismic data acquisition and processing company, TGS, has started acquisition of a 3D multi-client survey covering 2,400 km2 in the Norwegian Barents Sea. The survey, Finnmark Platform 2012 (FP12), covers five blocks in the Southwestern Barents Sea of which four are located in quad 7017 an
French based Technip has been awarded a front end engineering design (FEED) contract by BP Exploration & Production Inc. This contract covers the design of a Spar hull and mooring systems for the Mad Dog Phase 2 Project, located near Green Canyon Block 825 in the Gulf of Mexico. Spar is a cylindrica
The Board of Salamander on Friday announced a fully underwritten 13 for 20 Rights Issue to raise proceeds of approximately $201 million (£124 million), net of expenses, through the issue of up to 100,654,935 New Ordinary Shares. New Ordinary Shares will be issued at a price of 130 pence each, repres
Shanghai-based Wison Offshore & Marine Ltd., a subsidiary of the Wison Group, will be presenting at the 2012 Offshore Technology Conference on the ‘Emerging Role of China in the Offshore Industry’, during the Topical Breakfast session on Tuesday, 1 May 2012 at the Reliant Center in Houston, Texas. D
CNOOC Limited stated today that according to the news of its parent company, China National Offshore Oil Corporation (CNOOC), the compensation for marine ecological damage caused by Penglai 19-3 oil spill accident in Bohai Bay was in significant progress with the great effort made by the State Ocean
At the Extraordinary General Meeting of Providence Resources P.l.c., held on Friday, 27th April 2012 to approve the Placing of 13,148,930 new Ordinary Shares (as originally announced on 2nd April 2012), the special resolution considered and voted upon by the shareholders was approved. Commenting aft
Pacific Rubiales Energy Corp. announced today that it has reached an agreement with BPZ Resources, Inc. to enter into a series of transactions ultimately resulting in the acquisition of beneficial ownership of a 49% undivided participating interest in the Z-1 exploration and development block (“Bloc
The Norwegian Petroleum Directorate (NPD) started acquiring seismic in the southern part of the Barents Sea yesterday, 26 April, at 17:28 hours. “The entire first line of 67 kilometres was acquired before midnight. We are very satisfied with this start-up,” says Lars Jensen, the NPD’s project manage
Chevron Corporation today reported earnings of $6.5 billion for the first quarter 2012, compared with $6.2 billion in the 2011 first quarter. Sales and other operating revenues in the first quarter 2012 were $59 billion, compared to $58 billion in the year-ago period. “In the first quarter, we conti
Swiber Offshore Construction Pte Ltd (“SOC”) and Kreuz Engineering Ltd (“KEL”), subsidiaries of Singapore-based Swiber Holdings Limited , have incorporated a new wholly owned subsidiary in Mexico, known as Swiber Offshore Mexico SA DE CV (“SOM”). The initial issued share capital of SOM is 50,000.00
A key US investigation into the Macondo disaster in the Gulf of Mexico in 2010 could take into account learning and lessons from the UK. Investigators from the US Chemical Safety and Hazard Investigation Board (CSB) visited the UK on a fact-finding mission to gain further understanding of the UK oil
Prysmian Group, a provider of energy and telecom cable systems, will showcase at OTC 2012 in Houston, TX (USA) from April 30th to May 3rd, booth # 4753. The participation in the event represents the first official presence of the Prysmian Group, after the recent merger between Prysmian and Draka. Th
China’s geophysical service company BGP recently signed a contract for a Multi Client 2D & 3D offshore seismic survey with the Office of National Mines and Strategic Industries of Madagascar (“OMNIS”). Under the agreement, BGP will acquire, process, market and license the seismic as well as gravity
Prosafe, the world’s leading owner and operator of semi-submersible accommodation rigs (flotels), announced that rig utilisation in the first quarter of 2012 was 83.3 per cent. Regalia, Safe Scandinavia, Safe Caledonia, Safe Concordia, Safe Lancia, Jasminia, Safe Hibernia, Safe Britannia, Safe Regen
