The Institute for Occupational Health and Safety Development is asking the Department of Labor and Employment (DoLE) to issue a Stoppage of Operation order at the Subic Keppel Shipyard Incorporated located in Subic, Zambales pending a comprehensive inspection of the safety practices of the ship buil
Tengizchevroil (TCO), the Chevron-led oil venture in Kazakhstan, is considering borrowing on capital markets to help finance a planned $18.5… Reported by: Dmitry Solovyov (Reuters) [mappress] Source: Reuters;
From 2007 to 2009, the Norwegian Petroleum Directorate (NPD) has acquired 2D and 3D seismic data off Lofoten, Vesterålen and Senja (Nordland VII and Troms II). This data will now be prepared to be sold as one data package towards the end of 2011. The NPD will release more detailed information at a l
Statoil ends the search for the 48-year-old man who was reported missing on the Visund platform in the North Sea on Thursday 6 October. The search of the seabed around the platform was unsuccessful. Boats and helicopters have been involved in the search for the missing man. A search party and dog ha
Tullow Oil Ghana Ltd., a subsidiary of Tullow Oil plc has awarded Seadrill a one-year contract for operations offshore Ghana with the newbuild ultra-deepwater semi-submersible rig West Leo. The potential contract revenue for the one-year period is US$204 million which includes US$18 million in mobil
Wärtsilä has been awarded a contract in October 2011 to supply liquefied natural gas (LNG) propulsion equipment for two advanced offshore supply vessels owned by Harvey Gulf International Marine. These supply vessels will be the first ever U.S. flagged platform supply vessels (PSV) to be powered by
The police are going to Visund today, and have started investigations after a 48-year-old man was reported missing from the Visund platform on Thursday. The Joint Rescue Coordination Centre has finished its search, but Statoil is continuing to look for the missing man using helicopters and boats. A
OGX, the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, today announced that on October 6, 2011 it has signed a commercialization agreement with Shell Western Supply and Trading Ltd for the sale of first two shipments of oil from the Waimea a
Noble Corp , owner of the world’s third-largest offshore rig fleet, said on Thursday it was sending a drillship to India for an anticipated… Source: Reuters [mappress] Source: Reuters, October 7, 2011;
Production on the Grane field in the North Sea has been temporarily reduced. In connection with start-up after a scheduled maintenance and modification stop, a problem occurred on the injection compressor which is crucial to maintaining full production. The platform’s oil output is presently limited
The keel for the construction of the 3rd Multipurpose Platform Supply Vessel for Greatship Global Offshore Services Pte Limited of Singapore, was held at Colombo Dockyard, at the auspicious time of 1052 am on 6th October 2011 in the presence of Owner’s Representatives Mr. Jeewaka Gunadheera (Project
The Ministry of Petroleum and Energy has asked the licensees in Draupne and Luno for a unitized development of the two fields. The rationale is that both society and licensees can expect substantial savings with a unitized development solution. The distance between the two fields is 8 kilometers. Th
Keppel FELS Limited (Keppel FELS) has secured a contract to build an enhanced KFELS Super A Class harsh environment jackup rig from Ensco plc for US$245 million. The rig is scheduled for delivery in 3Q 2014. This contract arose from the exercise of an option which was part of Ensco’s order of two KF
Seadrill has entered into a Memorandum of Understanding with a major oil company for a five-year contract for operations in North America with the ultra-deepwater semi-submersible rig West Capricorn. The potential contract value for the firm five-year period is US$919 million, which includes a US$30
