Keppel Shipyard Ltd (Keppel Shipyard) is on track to complete the fast-track conversion of FSO Sepat, a floating production and storage (FSO) unit, for Bumi Armada Navigation Sdn Berhad (Bumi Armada). With a storage capacity of 500,000 barrels of oil, FSO Sepat will be deployed in offshore Malaysia
New drilling contract is for a term of approximately 9 months and has a potential value of USD 26.5 million. Mermaid Maritime Public Company Limited (“Company”) is pleased to announce that its subsidiary MTR‐2 Ltd. has secured a contract award with an international upstream oil and gas company (“Cli
Hornbeck Offshore Services, Inc. and Marine Spill Response Corporation (MSRC) announced today that they have entered into a long-term agreement for spill response services in the Gulf of Mexico. Two U.S.-flagged 370 class multi-purpose support vessels (MPSVs) owned by Hornbeck Offshore are being ret
Bergen Group Dreggen AS has been awarded a new contract from Statoil for the delivery of two gantry cranes with a capacity of 280 metric tons in joint lifting operations. The cranes will be used at Statoil`s new test facility for subsea compressors at Kårstø in Rogaland, Norway. The total order valu
Diamond Offshore Drilling, Inc. today announced that it has appointed Ambassador Clifford M. Sobel to the Company’s Board of Directors. Ambassador Sobel served as U.S. Ambassador to the Netherlands from 2001 until 2005 and U.S. Ambassador to Brazil from July 2006 until August 2009. He is presently t
Schlumberger Limited today reported second-quarter 2011 revenue of $9.62 billion versus $8.72 billion in the first quarter of 2011, and $5.94 billion in the second quarter of 2010. Income from continuing operations attributable to Schlumberger, excluding charges, was $1.18 billion—an increase of 22%
INPEX CORPORATION (INPEX) announced today that its affiliate INPEX Masela, Ltd. (INPEX Masela) has signed an agreement with Shell Upstream Overseas Services (I) Limited a subsidiary of Royal Dutch Shell plc (“Shell”), to transfer a 30% participating interest in the Masela Block, the Arafura Sea, Ind
Faster permitting of offshore oil and gas projects could create nearly 230,000 new jobs in 2012 and boost the economy by $44 billion … By Tom Fowler (Chron) [mappress] Source:Chron , July 22, 2011;
CB&I today reported net income of $61.9 million, or $0.62 per diluted share, for the second quarter of 2011. Revenue for the quarter was $1.1 billion. New awards for the second quarter totaled $1.2 billion, including a gas processing plant in the northeastern U.S., an engineering contract for an off
Vanco has agreed to acquire from Oranto Petroleum Ltd. a 21% stake in the Petroleum Agreement for SL-5-11 Offshore Block in the Republic of Sierra Leone (West Africa), subject to customary conditions precedent. The Petroleum Agreement for SL-5-11 provides for the drilling of one exploration well bef
For decades, the Takula Field offshore Angola has been one of Chevron’s best producers in southern Africa. But through the innovative modeling and implementation of a gas liquid cylindrical cyclone (GLCC), those results got even better: Oil production rates increased by approximately 2,100 barrels o
AMEC, the international engineering and project management company, has named Andy Sallis to the position of President, AMEC Oil & Gas Americas, responsible for Houston-based project operations, including supervision of joint ventures AMEC Black & McDonald in Canada and Paragon Angola in West Africa
OSX Brasil S.A. (“OSX”) , a Brazilian publicly held corporation focused in the supply of equipment and services to the offshore oil and gas industry, through integrated operations in shipbuilding, chartering of exploration and production (E&P) units, and operation and maintenance (O&M) services, inf
The 4th edition of Offshore Energy will again be bigger than previous editions. Based on exhibitor numbers of 2010 (231), the expected number of exhibitors this year is 300. Current developments show that this number of exhibitors is realistic. Even more, based on present numbers, event-orgaziner Na
