Baker Hughes Incorporated announced today that the international rig count for January 2012 was 1,171, down 9 from the 1,180 counted in December 2011, and up 10 from the 1,161 counted in January 2011. The international offshore rig count for January 2012 was 307, up 8 from the 299 counted in Decembe
Anadarko Petroleum Corporation yesterday announced 2011 fourth-quarter results, reporting a net loss attributable to common stockholders of $358 million, or $.72 per share (diluted). These results include certain items typically excluded by the investment community in published estimates. In total,
MMT, a Swedish marine survey company offering turnkey services, has been awarded a Frame Agreement for Offshore Survey Services with Statoil. The Frame Agreement consists of survey services such as pipeline surveys, seabed mapping surveys, inspections, geotechnical survey support, and environmental
World Wide Supply (WWS), a newly established Norwegian shipowner, has ordered another two PSV 3300 CD’s from Dutch-based Damen Shipyards. The two platform suppliers are added to the four that WWS announced to be built in December 2011. The extra vessels will be delivered end of 2013 and operated by
Orca Exploration Group Inc yesterday announced the drilling operations at a new gas production well (“SS-11”) on Songo Songo Island, offshore Tanzania. The well is part of a previously announced US$130 million expansion programme to double Orca’s production from the Songo Songo field. The programme
Noble Corporation, a drilling contractor that celebrates its 91st anniversary in 2012, yesterday announced that Bernie G. Wolford has been named to the position of Senior Vice President – Operations. Wolford will be responsible for increasing Noble’s organizational capabilities, advancing the Compan
As oil and gas developments go deeper, the risk related to lifting operations is increasing. “Existing standards and regulations don’t sufficiently meet this challenge and this is why DNV now has initiated a joint industry project to ensure a unified safety approach. Fourteen key international offsh
Singapore’s Keppel Offshore & Marine Technology Centre (KOMtech), and U.S. based ConocoPhillips are jointly designing a first-of-its-kind ice-worthy jackup rig to operate in one of the harshest marine frontiers, the Arctic Seas. This jackup rig will have dual cantilevers to optimise drilling operati
Leni Gas & Oil plc today announces a short delay to the start of drilling operations at the Eugene Island Field (“EI-184”) in the US Gulf of Mexico. The current operator of the Ocean Columbia jack-up rig at Eugene Island-51 has had difficulty in withdrawing the legs from the seafloor. Silt jetting a
RWE Dea Norge AS has secured rig capacity for drilling three wells in in the North Sea and the Norwegian Sea during the years 2013 to 2015. The wells will be drilled with the Leiv Eiriksson rig, owned by Ocean Rig UDW Inc. RWE Dea is participating in a rig consortium which is coordinated by [&hellip
Mediterranean Oil & Gas Plc, the central Mediterranean focused producer, developer and explorer of oil and gas assets, announces that it has drawn down EUR2.0m under the short term secured loan facility of up to EUR3.5m with affiliated investment funds of Och-Ziff Capital Management Group. As previo
Sterling Resources Ltd. today announced the preliminary results of appraisal well F17-09 in block F17a of the Dutch North Sea. After reaching a measured depth of 2200 meters, provisional analysis indicates the well encountered a 10 meter gross oil interval (6 meter net oil interval) through interbed
French oil major Total announces that the second phase of the Ofon field development in offshore Nigeria (Ofon Phase 2) has begun. Construction and installation contracts have been awarded for Ofon Phase 2, which is scheduled to come on stream in 2014. The Ofon field is located in Oil Mining Lease (
Australian engineering and construction company Clough Limited today announced that the BAM Clough Joint Venture has received a Letter of Intent (LOI) from JGC Corporation, KBR and Chiyoda Corporation joint venture (JKC JV) for a contract valued at $A140 million. The scope of work involves the desig