Canadian Overseas Petroleum Limited announces that operations at the Company’s Esperanza prospect located in Block 22/15 of the UK Central North Sea have been initiated. The Ocean Nomad semi-submersible drilling rig is on location and currently waiting for weather to pass for the commencement of dri
Lessons learnt so far from the Deepwater Horizon disaster show that neither the industry nor the government can be satisfied with conditions on the Norwegian continental shelf (NCS). This view was expressed by Magne Ognedal, director general of the Petroleum Safety Authority Norway (PSA), in his ope
Transocean Services AS , a wholly owned subsidiary of Transocean Ltd., has completed the acquisition of 100 percent of the shares of Aker Drilling ASA for NOK 26.50 per share. This acquisition further strengthens Transocean’s industry leadership position, adding approximately $1 billion in backlog a
Technip and Bluewater announced today that they have recently signed an exclusive global agreement to jointly market the Spiral Stacked Turret (SST), a turret system component intended for floating units. The SST is a flexible-hose-based alternative to the traditional mechanical swivel stack that ac
Anadarko Petroleum Corporation today announced the cumulative results of its exploration and appraisal success offshore Mozambique have substantially increased the resource potential in the Offshore Area 1 of the deepwater Rovuma Basin. The appraisal section of its most recent exploration well at th
Only one week to go for the 4th edition of Offshore Energy. For the first time in its existence, Offshore Energy takes place in Amsterdam and the event is bigger than ever. At 11 & 12 October, 300 exhibitors will show their products in an 8000 sq.m. hall of the Amsterdam RAI. 5000 visitors […
RADWIN , the global provider of Backhaul and Broadband Wireless Solutions, today announced that its wireless communication systems were deployed by the China National Offshore Oil Corporation – a multi-billion dollar company and the largest offshore oil and gas producer in China. The China National
The Sable Offshore Energy Project off the coast of Nova Scotia will undergo planned maintenance starting Oct. 5, decreasing production from… Reporting by Eileen Moustakis; Editing by Andrea Evans (Reuters) [mappress] Source: Reuters, October 4, 2011;
At the inaugural OTC Brazil event, Caterpillar is emphasizing its commitment to this important market – one of the world’s busiest in terms offshore exploratory projects. In the last five years, some of the largest offshore discoveries of both oil and natural gas reserves have been made off the coas
The Bureau of Ocean Energy Management (BOEM) today announced that the Department of the Interior has met a U.S. District Court of Alaska deadline to file the Record of Decision (ROD) regarding a 2008 federal oil and natural gas lease sale in the Chukchi Sea offshore Alaska. Today’s decision affirms
Jurong Shipyard, a wholly-owned subsidiary of Sembcorp Marine, has secured an approximately S$130 million project to convert the Very Large Crude Carrier (VLCC) tanker, the MV “TAR II” (ex STAR II), to a Floating Production Storage and Offloading (FPSO) vessel for MODEC. This conversion project invo
Heritage Oil Plc , an independent upstream exploration and production company announces that a wholly owned subsidiary has acquired a controlling 51% interest in Sahara Oil Services Holdings Limited (“SOSH”) which holds the necessary long term permits and licences to provide oil field services in Li
The challenges faced by the offshore maritime industry in recruiting and retaining qualified operators to safeguard standards within the Dynamic Positioning (DP) vessel sector was discussed during one of the Middle East Workboats conference sessions, taking place at the Abu Dhabi National Exhibition
In the 1st Indonesian International Bid Round 2011, Eni, as part of a consortium including Niko Resources Ltd., Black Platinum Energy Ltd, Statoil ASA and GDF SUEZ has been awarded the North Ganal Block, located offshore East Kalimantan, Indonesia. Eni will be the operator of the new PSC (Production
