Anadarko Petroleum Corporation yesterday announced 2011 third-quarter results, reporting a net loss attributable to common stockholders of $3.051 billion, or $6.12 per share (diluted). These results include certain items typically excluded by the investment community in published estimates. In total
Construction of the offshore pipeline for the PNG LNG Project has started, with the first lengths of pipe laid near the LNG Plant. The pipeline, which will be 407 kilometres long, stretches from Omati in the Gulf Province to the LNG Plant. The pipeline is 36 inches in diameter and will be laid from
State oil and gas group Petrovietnam has bid for $1.5 billion of ConocoPhillips oil assets in the South China Sea, a senior Petrovietnam off… Source: Reuters [mappress] Source: Reuters, November 1, 2011
The Norwegian Petroleum Directorate has granted Statoil AS a drilling permit for wellbore 2/4-21. Wellbore 2/4-21 will be drilled from the drilling facility Mærsk Gallant at position 56°42’00.81’’N and 3°8’34.31”E. The drilling program for wellbore 2/4-21 applies to drilling of a wildcat well in pro
18 months have passed since the terrible events surrounding the Macondo disaster in the Gulf of Mexico unfolded. After a period of emotion… By Inger Louise Molver (Westshore Shipbrokers) [mappress] Source: Westshore Shipbrokers , October 31, 2011;
The World leading technology company, Emerson Process Management, has become a partner in NCE Subsea. To us this is about increased visibility, but we also feel we have something to offer NCE Subsea, says Hege Forus, Information Manager at Roxar, which is owned by Emerson Process Management. This is
In press release of 4 July 2011 Farstad informed that Farstad Shipping ASA, through its wholly owned subsidiary P/R International Offshore Services ANS, had reached an agreement to sell the PSV vessel ‘Lady Christine’ (1985, ME 202, 2.368 DWT). Delivery of the vessel to the new owner was expected to
Sevan Marine ASA , a company specialized in owning, operating and licensing FPSOs and drilling units, based on its patented cylindrical floater technology announced today that VP Finance, Birte Norheim, has decided to resign her position in Sevan Marine ASA to take on the role as Finance Director of
ION Geophysical Corporation today announced that it has acquired an additional 5,200 km of regional seismic data from offshore Northeast Greenland, bringing the total kilometers the company has acquired in the region over the last two seasons to nearly 18,000. The Arctic is one of the least explored
ABB, the leading power and automation technology group, signed a three-year frame agreement worth $33 million with BP Norway for maintenance, modification and service of the safety and automation systems of all of its oil field operations on the Norwegian continental shelf. The agreement signed in t
The search is launched today for the brightest and best talent and achievements in the Energy industry over the last year. The prestigious Offshore Achievement Awards, recently re-launched by the Society of Petroleum Engineers (SPE) Aberdeen section with the support of main sponsor Taqa Bratani, are
Tap Oil Limited an independent oil & gas exploration and production company with interests in Australia and South East Asia announces quarterly report for the quarter ended 30 September 2011. HIGHLIGHTS Sales revenue of over $28 million – up over 100% due to increased oil liftings Greater Zola Struc
DOF Subsea, a subsidiary of DOF ASA advises that it has secured a campaign of work in the New Zealand Taranaki Basin for the new build DSV Skandi Singapore for an undisclosed sum. The vessel will mobilise for New Zealand on completion of the current work program in Indonesia for Conoco Philips. Wo
Vector Technology Groups Subsea Division has been awarded a contract by Technip Houston for a Subsea Pig Launcher rated at 15,000 PSI. Vector Subsea Engineering have been working closely with Petrobras and Total to complete the design for Cascade Chinook Field in the Gulf of Mexico. “This is just an
