Official Chinese media on Sunday accused a major state energy company of failing to disclose full and immediate information about an oil … The Straits Times [mappress] Source: The Straits Times, July 3, 2011;
Keppel FELS Limited’s (“Keppel FELS”) repeat customer, Asia Offshore Drilling Limited (“AOD”) has exercised its first of two options to build a KFELS B Class jackup rig worth US$184 million. The effectiveness of this first option is subject to AOD or its wholly owned subsidiary entering into a const
Shah Deniz offshore gas condensate field produced 2.591bn cubic meters of gas in January-May, according to sources in SOCAR. Gas … By Rufat Abbasov, News.Az [mappress] Source: News.az, July 1, 2011;
Bergen Group has, through its subsidiary Bergen Group Skarveland AS, received a contract with the Norwegian yard Hellesøy Verft AS for complete pipe installation valued NOK 22 million. The contract is related to a newbuild offshore vessel for a Norwegian shipping company. The delivery will be comple
Sevan Marine ASA , a company specializied in owning, operating and licensing FPSOs and drilling units, based on its patented cylindrical floater technology announces fleet technical uptime for May 2011. Technical Uptime for June 2011 was as follows: FPSO Sevan Piranema 98 (%) FPSO Sevan Hummingbird
Fugro has reached agreement with AOA Geophysics to acquire 100% of the shares in the company. AOA Geophysics is based in Houston and provides geoscience consultancy and contracting services to the offshore oil and gas sectors, with particular expertise in marine oil seep exploration and the interpre
Schlumberger today inaugurated the WesternGeco Penang Product Centre (WPPC) dedicated to the manufacturing and support of state-of-the-art marine and land seismic equipment designed to illuminate complex geologies, improve operational efficiencies and deliver superior data quality. Tan Sri Nor Moham
Seadrill has participated in a private placement in Asia Offshore Drilling Limited and has been allocated shares for US$54 million which corresponds to a 33.75 percent ownership stake. Asia Offshore Drilling was established by Mermaid Maritime Public Company Limited in late 2010 when two MOD-V B Cla
As from today, Hans-Joachim Polk will be the new Managing Director of RWE Dea Norge. Polk joined RWE Dea as far back as 1992, directly after graduating with a masters’ degree in petroleum engineering from the technical university of Clausthal-Zellerfeld. In the course of his career, Polk spent three
INPEX CORPORATION (INPEX) announced today that its affiliate INPEX BROWSE, LTD. (the Company), which has been acting as Operator of the Ichthys Project, has decided to undertake a legal restructure that requires the transfer of the Company’s assets to newly created Australian companies. This will be
The Board of Directors of MEO Australia Limited (MEO or the Company) announced that Managing Director and Chief Executive Officer, Mr Jürgen Hendrich, has entered into a new employment agreement with MEO and will continue in the position of Managing Director and Chief Executive Officer with effect f
Following the completion of the restructuring activities of Cecon this winter, focus has been marketing the company’s services using modular spreads on third party vessels. With the 1600t Sampson DPIII pipelay / heavy lift vessel being part of the company’s marketed portfolio, focus has shifted to a
MEO Australia Limited advises that Petrofac Energy Developments (“Petrofac”) has elected not to exercise its option to acquire 5% interest in NT/P68 & Tassie Shoal Projects. The option, which expired on 30th June 2011, was granted to Petrofac in October 2009. At this time Petrofac agreed to withdraw
Canadian Overseas Petroleum Limited has been informed by Peppercoast Petroleum plc (“Peppercoast”) that discussions continue with The National Oil Company of Liberia (“NOCAL”) and the Government of Liberia regarding the requisite approval for the closing of the Sale and Purchase Agreement of Block L
