The Board of Mediterranean Oil & Gas Plc, the central Mediterranean producer, developer and explorer of oil and gas assets, has announced that production from the Guendalina gas field, located offshore Italy, in the first quarter of 2012 achieved an average gross production (100% basis) of 580,000 s
The Petroleum Safety Authority Norway (PSA) has issued a notification of order concerning non-conformity with requirements in the regulations for the pressure relief system on Tor 2/4 E. Operator ConocoPhillips has been aware of this non-conformity for some time. The notification is based on an indi
Thailand’s PTTEP has completed the construction of Greater Bongkot South (GBS) as planned, and has begun the production and the testing of natural gas and condensate delivery since March 2012. The company has currently produced and delivered natural gas to PTT Public Company Limited (PTT) at the rat
Dockwise Ltd, a Dutch heavy-lift and transportation company, today announces the decision to convert its Type 2 vessel, the Black Marlin, to a Type 1 vessel similar to its sister ship, the Blue Marlin. Conversion will lift the Black Marlin’s carrying capacity from 56,000 to 76,000 tonnes. The design
Aker Solutions has been awarded a contract by Subsea 7 for the design and fabrication of a control umbilical for Statoil’s Svalin C project on the Norwegian continental shelf. Contract value is undisclosed. Scope of work includes a six kilometre long control umbilical, connectors, engineering and pr
Vantage Drilling Company announced Friday that the Luxembourg branch of its wholly-owned subsidiary Vantage Drilling Poland Sp. z o.o. acquired and took delivery of the Titanium Explorer, a deepwater drillship formerly known as the Dragonquest. The acquisition was accomplished under the previously a
Eurocopter has delivered the first from an initial contract for four EC225 helicopters to OMNI Helicopter International (OHI). During this occasion, OHI also placed a second order for six additional aircraft of this type, bringing to ten the total number of EC225s that they will operate for oil & ga
DOF Group has named on April 19th, the biggest anchor handling tug vessel (AHT) ever built in Brazil, the Skandi Iguaçu. The vessel has over 32,000 BHP installed and bollard pull of more than 300 tons. The vessel will be ready for delivery to Petrobras three to five months in advance of contract req
Keppel Corporation Limited (KCL) has today entered into a share purchase agreement (“SPA”) for the sale of 8,750,000 shares , representing 100% of the share capital of Keppel Norway AS (“Keppel Norway”), KCL’s indirect wholly-owned subsidiary, at a consideration of approximately NOK0.137 per Share t
French oil and gas company Total today announced that the two technical solutions to stop the gas leak on well G4 of the Elgin platform are progressing according to plan. As announced, drilling of the G4 relief well (G4-K1) commenced while in parallel experts continued with key tasks in preparation
Fairstar Heavy Transport N.V. (FAIR) announces today that its’ newbuild vessel FORTE has completed sea-trials in China. The sea-trials finished with a successful submerging test. The new build 50,000 DWT semi-submersible vessel began its sea trials off the coast of China on April 10, under the super
Global maritime and offshore oil & gas engineering company Harris Pye is making significant gains in the Offshore oil & gas market, according to Group Managing Director Mark Prendergast. Prendergast stated today: ‘I can confirm that we are currently undertaking three major rig renovations simultaneo
Schlumberger Limited today reported first-quarter 2012 revenue of $10.61 billion versus $10.97 billion in the fourth quarter of 2011, and $8.72 billion in the first quarter of 2011. Net income attributable to Schlumberger, excluding charges and credits, was $1.31 billion—a decrease of 12% sequential
In July 2011, Jumbo Shipping has signed a contract with Brodosplit for building a heavy lifter with an option for two more. With the first one already in production process, the arrangement for building a sister ship was made after the privatization process of Brodosplit came to the final stage. End
