Hyperdynamics Corporation announced the commencement of drilling operations today at its initial exploration well in its concession offshore the Republic of Guinea. The Sabu-1 well will be drilled by the Jasper Explorer drill ship. The water depth at this location is approximately 700 meters. The ta
STX Finland Oy has signed a contract for the construction of two large offshore modules for the North Sea. The modules will be delivered from STX Finland´s Turku Shipyard at the end of year 2012. The project will bring some 250 man-years of labour to Turku Shipyard. The construction of these two lar
A comprehensive two-day underwater examination conducted by Transocean and the US Coast Guard (USCG) on October 4th and 5th confirmed that there are no hydrocarbons leaking from of the sunken Deepwater Horizon or the riser, the pipe that linked the rig to the well head before the Macondo accident la
McDermott International, Inc. announced that one of its subsidiaries has signed a partnership agreement with Eng. Khalid S. Al Shoaibi, of the Shoaibi Group, to form McDermott Arabia Engineering, a company specializing in engineering and consulting services to the offshore oil and gas industry in Sa
JSC United Shipbuilding Corporation (USC) has placed an order for two platform supply vessels at St. Petersburg-based Baltic Shipyard. The… (PortNews) [mappress] Source: PortNews, October 13, 2011;
BP and its partners are developing four new oil and gas projects that together will involve a total investment of almost £10 billion in the UK’s oil industry over the next five years and help to maintain BP’s production from the North Sea for decades to come. The UK Government today granted BP and [
Seismic operator Dolphin Geophysical renews the charter party regarding the seismic vessel “Polar Explorer” with 12 months, starting from January 2012. The vessel is a 2D/ice vessel from 1998, rebuilt in 2004. “The agreement ensures continued high employment and good balance for our fleet, substanti
Maersk Drilling has signed a contract with LOTOS Exploration & Production Norway AS, for the ultra harsh environment jack-up rig MAERSK GUARDIAN for work on the 7/8-7 well offshore Norway. It is a one-well contract with an estimated duration of 55 days. Commencement is scheduled for the third quart
RAK Petroleum has chosen Syncrolan light and fog warning systems from Tideland Signal to mark its Saleh field platforms off the Ras Al Khaimah Emirate. Since 1988, Saleh’s five platforms have only produced small volumes of gas and condensate but RAK Petroleum took over the field in 2010 and has emba
Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services, announced that it has entered into drilling contracts for three additional wells offshore West Africa, with two independent oil operators based in the UK and the USA respectively, for the semi-submersible rig Eirik Raude.
Norwegian oil and gas production will probably remain unchanged over the coming decade, its Oil Directorate (NPD) said on Wednesday, as it… Source: Reuters [mappress] Source: Reuters, October 13, 2011;
Statoil Petroleum AS, operator of production licence 303, is completing drilling of wildcat well 15/8-2. The well, which was dry, was drilled eight kilometres west of the Sleipner Vest field in the North Sea. The objective of the well was to prove petroleum in Middle Jurassic reservoir rocks (Hugin
ConocoPhillips announced that its board of directors has chosen the leaders for the two independent energy companies that will result from the previously announced strategic repositioning of ConocoPhillips. Ryan M. Lance will become the chairman and chief executive officer of ConocoPhillips, the ups
Seven Chinese authorities will begin a joint three-week nationwide safety inspection of all offshore oil exploration and production … Reported by: Calvin Lee (Platts) [mappress] Source: Platts, October 13, 2011;
