After 18 months of sustained effort to clean the shoreline of the Gulf of Mexico following the Deepwater Horizon accident, the U.S. Coast Guard’s federal on-scene coordinator (FOSC) has approved the shoreline clean-up completion plan, paving the way for restoration work. Under the plan, the FOSC wil
Vantage Drilling Company reports a net loss of $11.9 million or ($0.04) per diluted share for the three months ended September 30, 2011 as compared to a net loss of $5.8 million or ($0.02) per share excluding $27.8 million of charges in the prior year period relating to the acquisition of the Platin
AHTS “Sao Mai 03”, the second service vessel of Vietsovpetro J.V., has been repaired in Dungquat Shipyard. Its dimension is 64.4 m long, 13.8 m wide with the load of 1,190 tons and main engine capacity of 2 x 3520 BHP. On 07 November 2011 the AHTS “Sao Mai 03” has been delivered to Vietsovpetro [&he
Canadian Overseas Petroleum Limited has made an oil discovery at its Esperanza exploration prospect located in Block 22/15 of the UK Central North Sea. Block 22/15 is a Second Round license. The 22/15-4 well, operated by BG Group (“BG”), was drilled by the Ocean Nomad semi-submersible drilling rig t
To tackle the strong currents in Australia’s offshore oil & gas fields, leading contracting company, Cal Dive International (Australia) Pty Limited, selected Saab Seaeye’s powerful new Panther XT Plus ROV (Zone Rated and configured for operations in hazardous areas) when making that choice. A Cal Di
TSC Group Holdings Limited secures the second Super M2 jack-up rig (300 ft) package from CIMC Raffles Shipyard, following closely after the first package that was signed in October this year. Combining with the previous order, the two jack-up rig orders worth a total of approximately US$68 million.
International oilfield services company Weatherford is capturing photographs in challenging environments without the need for a ‘hot permit’. Always on the look-out for ways to improve offshore working processes, Weatherford was eager to find out more about CorDEX Instrument’s ToughPIX 2300 XP Serie
Greatship Global Offshore Services Pte. Ltd. (GGOS), a Singapore incorporated subsidiary of the Company’s subsidiary – Greatship (India) Limited (GIL), had signed contracts for two new building Multipurpose Support Vessels (Builder’s Yard No. 26775 and 26784) with Mazagon Dock Limited, Mumbai in Sep
Prysmian Group, world leader in the energy and telecom cables and systems industry, is stepping up its expansion into the business of products and services for the offshore oil industry. The new flexible pipes plant in Brazil is now fully operational and the integration with Draka has broadened the
Last week, GAO testified before the House Subcommittee on Coast Guard and Maritime Transportation regarding offshore energy inspection programs. The written statement, Deepwater Horizon: Coast Guard and Interior Could Improve Their Offshore Energy Inspection Programs (GAO-12-203T), can be accessed b
DNO International ASA is reporting net profit of NOK 299 million for the third quarter of 2011 versus a loss of NOK 146 million in the same quarter 2010. The strong result is affected by a net positive finance of NOK 301 million in this quarter. In the third quarter the Company delivered a Working [
Airborne has been awarded a contract by Saipem SA for the engineering, fabrication & delivery of a 2500 meter downline for the Guara & Lula project. The 3 inch ID downline will be used at around 2200 meter water depth for the Pre-Commissioning of the Guara & Lula-NE Gasline Project. By winning this
SeaHold GEOSHIPS Ltd, specialists in marine and subsea services, has expanded its fleet of multi purpose offshore vessels. The two new vessels ‘Loch Erisort’ and ‘Loch Roag’ brings the Aberdeen-based firm’s fleet up to three, whilst also signifying a US$140 million in additional financial commitment
Tullow Oil plc (Tullow) issues the following Interim Management Statement, for the period 1 July to 8 November 2011, in accordance with reporting requirements of the EU Transparency Directive. The Group will announce its full year Trading Statement and Operational Update on 18 January 2012. Tullow h
