The WA government remains opposed to the establishment of a national offshore petroleum regulator, despite agreeing to support it. The Senate yesterday passed a bill to set up a single regulator in Perth that would control the safety and environmental management of all offshore petroleum projects, w
YPF SA , Argentina’s largest oil company, is likely to benefit from rising domestic crude prices and from the potential discovery of … By Rodrigo Orihuela (Bloomberg) [mappress] Source:Bloomberg, September 15, 2011; Image:Seatrax
Which companies share the blame for the Gulf of Mexico oil spill and will have to pay for it will be decided in a non-jury trial set to… By Margaret Cronin Fisk and Laurel Brubaker Calkins (Bloomberg) [mappress] Source: Bloomberg,September 15, 2011
Total announces that it has signed agreements with Talisman Energy (“Talisman”) to farm-in into three deep-offshore exploration blocks in the Makassar Strait in Indonesia. Total has acquired from Talisman: a 50% interest in the Sageri Production Sharing Contract (PSC), Talisman now holding the remai
Noreq AS continues to expand. The increasing demand for Noreq’s products has resulted in a new company establishment, NOREQ FZE, a subsidiary with office in Dubai – the most important business and financial center in the Arab world. Noreq has been represented in UAE for several years by Mr. Chacko J
Bergen Group Dreggen AS has this week been awarded new contracts with an aggregated value of NOK 40 million. The contracts are awarded from three different international customers, and comprise eight different crane-units for offshore and maritime operations. The contracts will generate activity in
The Norwegian Petroleum Directorate’s (NPD’s) seismic acquisition in the Norwegian part of the Barents Sea was completed around midnight on 14 September. The acquisition has been ongoing since 8 July, after the new agreement regarding the demarcation line between Norway and Russia in the Barents Sea
Rockhopper Exploration plc , the North Falkland Basin oil and gas exploration company, provides an update on the provides an update on the 14/10-7 well. • Net pay 26m (85 feet) net pay Sea Lion Main Complex (SLMC) 25m net pay lower sands 1m • Gross reservoir SLMC 35m • Net to gross SLMC 72% [&hellip
Chevron U.S.A. Inc. has awarded a contract to BMT Scientific Marine Services Inc (BMT) to provide an Environmental and Facilities Monitoring System (EFMS) for the Jack & St. Malo Floating Production Semi-Submersible (FPSS) in the Gulf of Mexico. The EFMS monitors, logs, and displays data in real-tim
Schilling Robotics, LLC, experts in subsea systems, announced today the order for two (2) Heavy-Duty,M (HD’”) ROV systems from maritime operator SMIT. The HD,W systems will be rated for 4,000m and will be supplied with tether management systems (TMS), control vans, and launch and recovery systems (L
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE)/U.S. Coast Guard Joint Investigation Team (JIT) today released its final investigative report on the April 20, 2010, Deepwater Horizon explosion, loss of life, and resulting oil spill. The report is comprised of Volume I, cov
EU member Cyprus vowed on Wednesday to keep Turkey’s entry talks on hold as long as Ankara challenges the island’s rights to launch offshore… Reporting By Michele Kambas (Reuters) [mappress] Source: Reuters,September 14, 2011;
Nemo Engineering AS was founded in 1989, and is a highly qualified and experienced partner in the subsea industry. The company has built one of the longest and most diverse track records in the subsea market. Throughout the years Nemo has grown to a group of companies situated in Oslo, Norway; Perth
Turkish Energy Minister Taner Yildiz said on Wednesday Turkey may carry out gas exploration in the Mediterranean with Egypt and that it was… Source: Reuters [mappress] Source:Reuters ,September 14, 2011;