Stanford Marine, a regional marine business headquartered in Dubai, announced the successful completion of its newbuild program and delivery of its 10th high-spec Offshore Support Vessel. The completion of the program concludes a strategic growth initiative established by Stanford Marine which has i
Providence Resources P.l.c., the London (AIM) and Dublin (ESM) quoted oil and gas exploration and production company provides a technical update on Licensing Option 11/12 (“LO 11/12”) which is located in c. 300 metre water depth in the Slyne Basin, c. 70 km off the west coast of Ireland. LO 11/12 wa
Groundbreaking projects built by Heerema Fabrication Group to be showcased throughout the UK and Netherlands in the two part series ‘Mega Rigs’ on Discovery Channel. The series, produced by Discovery Channel, will follow the story of Centrica Energy’s F3-FA and Ensign projects from the design stages
Santos, one of Australia’s largest gas producers today announced a report on its activities in the first quarter 2012. First quarter production up 13% and sales revenue up 50% Production of 12.4 million barrels of oil equivalent (mmboe) in the March quarter was up 13% primarily due to production fro
Pipeline isolation specialist, STATS Group, has appointed two new directors as it gears up for major international expansion following a £7.8 million equity investment. Former Expro executive chairman, Graeme Coutts, takes on a non-executive role in what is his first appointment since retiring from
Sigma Offshore, the international FPSO moorings and marine engineering services business, will be exhibiting at Asia’s 3rd Annual FPSO Summit in Singapore. The event at the Raffles Convention Centre on April 24 & 25 (2012) is part of Singapore Maritime Week. As well as exhibiting, Aberdeen headquart
Pancontinental Oil & Gas NL has resolved to raise up to $50 million to fund the ongoing exploration programmes over Kenyan Blocks L10A & L10B, further seismic work over Kenya Block L8, a portion of its share of costs of the upcoming L8 Mbawa well, seismic work over Kenya Block L6, seismic work over
Canadian Overseas Petroleum Limited (COPL) announces that the National Oil Company of Liberia (“NOCAL”) has written to advise of its acceptance, in-principle, of the previously announced proposed joint venture arrangement in the Production Sharing Contract (“PSC”) governing Block LB-13 offshore Libe
Petrobras’ CEO, Maria das Graças Silva Foster, was elected as one of the 100 most influential people in the world by Time magazine. The magazine’s annual ranking is divided into categories that include artists, researchers, business people, political activists and heads of state. Graça Foster is a c
The winners of the 2012 UK Oil and Gas Industry Safety Awards, sponsored by Maersk Oil, were announced at a special lunchtime awards ceremony in Aberdeen yesterday (18 April 2012). The showcase event, held at Aberdeen Exhibition and Conference Centre, saw over 400 attendees at the event ranging from
Noble Corporation today reported first quarter 2012 earnings of $120 million, or $0.47 per diluted share, versus $127 million, or $0.50 per diluted share, for the fourth quarter of 2011. Earnings for the first quarter of 2011 were $54 million, or $0.21 per diluted share. Contract drilling services r
Brian Russell and Dan Hampson of Hampson-Russell Software & Services, a CGGVeritas company, have been recognized by their peers and colleagues as the inaugural Honorees of the first CSEG Symposium held in Calgary, Canada on 22 March. The 2012 CSEG Symposium was the first of what will be an annual ev
Tidewater Inc. announced today that Dean Taylor, its President and Chief Executive Officer since March 2002, will retire as an executive officer of the company effective May 31, 2012, after a 34-year career with Tidewater. Mr. Taylor will remain on the Board of Directors, and serve as Tidewater’s no
Oil major Total has announced that the Sedco 714 rig has initiated drilling of the first relief well as part of the company’s strategy to stop the Elgin G4 gas leak. The gas has been flowing freely to the atmosphere from the G4 well since March 25 when the company was forced to evacuate all [&hellip
