EnQuest PLC (‘EnQuest’) today announces that it has completed the acquisition of two companies from Canamens Limited, whose assets include the 20% interest in the Kraken offshore oil discovery. This agreement was announced on 9 January 2012 under which EnQuest would pay an initial consideration of U
UK-based Borders & Southern Petroleum plc announced that their offshore exploration well 61/17-1 was spudded on yesterday (31st January 2012). The well is situated approximately 140 km south of the Falkland Islands. B&S is the operator of the well, holding a 100% interest in licence PL018. It is the
Schilling Robotics, LLC, a company specializing in subsea systems, announced today the delivery of a new HD™ ROV system to underwater technology firm Seabed, based in Norway. The order was for HD 23, which is a 150hp, 4,000m-rated ROV system and was delivered in December 2011. “We are very proud to
Wintershall, the largest German crude oil and natural gas producer with operations worldwide, today spudded the Maria appraisal well in the Norwegian Sea. The Maria offshore discovery, which is estimated to contain between 60 and 120 million barrels of recoverable oil and between 2 and 5 billion sta
Kleven Maritime will carry out an extensive reconstruction of the offshore vessel MT6012 Rem Fortune, from the Platform Service Vessel into the Multi-purpose Support Vessel. The vessel was originally built at Keppel Singmarine Pte. Ltd. in Singapore in 2009, and will be ready for delivery in mid-Mar
Octanex N.L. advises that the Operator of the Joint Venture exploring the WA-323-P and WA-330-P permits, Santos Offshore Pty Ltd (Santos), has provided the Company with an update on the latest timing for the drilling of the well on the Winchester prospect. Santos has advised that, due to a later pro
The divestment of 24.1% of the Gassled shares from Statoil ASA to the consortium Solveig Gas Norway AS is now completed. Solveig Gas Norway AS is a holding company that is approximately 40% owned by Canada Pension Plan Investment Board, 30% by Allianz Capital Partners (a subsidiary of Allianz SE), a
Deep Down, Inc. , an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today announced it has been awarded multiple contracts for subsea hardware and deployment equipment orders worth in excess of $2.6 million. Two or
Extensive experience and skills are the reasons why Blue Water Shipping has been awarded this complicated rig transport to the Caspian Sea. Over the years, Blue Water Shipping has become one of the major players within the transport of giant constructions to the Caspian Sea through the Russian river
Ensco plc has entered into a contract for ENSCO 8506 semisubmersible drilling rig with Anadarko Petroleum Corporation. The initial contract term is for two and one-half years in the U.S. Gulf of Mexico at a day rate of $530,000, plus cost adjustments. The contract adds more than $480 million to reve
ExxonMobil, an American multinational oil and gas corporation and one of the largest companies in the world by market value, today announced earnings of $9,400 million for the 4th quarter 2011, an increase of 2% or $150 million from the fourth quarter of 2010. Upstream earnings were $8,829 million,
Teledyne Oil & Gas group has been awarded a three year global frame agreement with FMC Technologies, Inc. to supply a wide portfolio of interconnect and sensing products and services in support of FMC’s offshore oil & gas business. Interconnect products from Teledyne ODI and Teledyne D.G. O’Brien ar
Cal Dive International, Inc. announced today that it has been awarded a Field Abandonment and Decommissioning Contract from an operator in the Gulf of Mexico which includes the abandonment of sixteen wells, seven pipelines, and the removal of eight structures. The contract is expected to generate to
UK-based Sonardyne International has taken its first order for a Dynamic Positioning Inertial Navigation System (DP-INS). Vantage Drilling’s new 12,000 feet-rated drillship, Dragonquest, is set become the first deep water drilling unit in the world to be equipped with the new system when it begins o
