In the past months Saltwater Engineering designed and engineered two new generation chase vessels for Rederij Groen. In addition to the technical aspects Saltwater also managed the tender process, which was concluded at the Europoort exhibition by awarding the build of both vessels to Maaskant Shipy
Noble Energy today reported that it achieved first production at Aseng project offshore Equatorial Guinea in less than three years from sanction, while delivering a world-class project seven months ahead of schedule, 13 percent below budget, and with an excellent safety record. Transferring the lear
Island Offshore, a provider of high quality solutions for the offshore oil industry based on a fleet of advanced high quality service and subsea service vessels, recently secured a 7 year contract from Schlumberger. The contract is for two of its recently christened vessels, Island Centurion and Isl
Noble Energy, Inc. today announced that it has increased its 5 year capital spending plan as a result of recent exploration successes in order to strengthen the company’s growth profile. The Company’s production is projected to increase at a compound annual growth rate of 17 percent over the next fi
Premier Oil, a growing oil and gas exploration and production company with interests in eight countries around the world today announced its Interim Management Statement for the period to 15 November 2011. Premier’s two significant Asian developments are now onstream. Chim Sáo field offshore Vietnam
TAQA Bratani Limited , the UK subsidiary of Abu Dhabi National Energy Company PJSC, has agreed to purchase from Premier Oil plc (“Premier”) certain assets that Premier will acquire following completion of its acquisition of Encore Oil plc. Under the agreement, TAQA will acquire a 16.6% per cent work
Malaysia’s national oil corporation PETRONAS Carigali Sdn Bhd , has encountered substantial oil reserves within Block 2G-2j, offshore Sabah. The finding was made at the Wakid-1 well , about 100km northwest of the capital of Sabah state in East Malaysia, Kota Kinabalu. Malaysian oil giant sad that th
AWE Limited, reports the execution of a rig contract for the drilling of the Atlas-1 well. Atlas-1 will be drilled in the Titan PSC, which is located in the offshore East Java Basin, Indonesia. The Atlas well will target a sizable gas prospect, located approximately 35 kilometres north east of the L
This Tuesday (Nov. 15), Petrobras will unveil the trophy to be awarded to the top three drivers and the winning team of Petrobras’ Brazilian Formula 1 Grand Prix race, scheduled for November 27, in São Paulo. Encrusted on each trophy is a rock lifted from the pre-salt layer, at a depth of 5,000 mete
Michael King has been appointed as new UK operations director at Swire Oilfield Services, the leading global provider of offshore cargo carrying units and associated services. In his new role, Mr. King will ensure that the operational capability is fully developed, supported and resourced to provide
Buccaneer Energy Limited announced today that its 50 percent owned subsidiary Kenai Offshore Ventures, LLC (“KOV”) has overnight in London completed the acquisition of the GSF Adriatic XI offshore jack-up rig from Transocean Offshore Resources Limited for the total purchase price of US$68.5 million
Farstad Shipping’s AHTS Far Senior (1998, UT 722L, 18.900 BHP) has been contracted by Petrobras in Brazil for a 4 year period with an option to extend the contract with an additional 4 years. The contract includes both anchor handling and ROV services. ROV services will be provided by a third party.
Afren announced that it hosted an analyst site visit to the Ebok field production and storage facilities, located offshore south east Nigeria, on the 14th of November 2011. Ebok Phase 1 production currently at 15,800 bopd, is steadily being increased towards upper end of targeted 17,000 bopd. Four o
BG Group, a world leader in natural gas, announced today changes to its Board and Group Executive Committee (GEC). These changes, effective immediately, will ensure BG Group continues to deliver its growth plans and will enhance succession planning at the Executive level. • Chris Finlayson will beco
