Endeavour Energy UK Ltd, a subsidiary of Endeavour International Corporation, awarded Technip an EPCI(1) lump sum contract, worth around €70 million, for the East Rochelle development in the United Kingdom North Sea. The field is located approximately 185 kilometers north-east of Aberdeen, Scotland
Keppel FELS Limited (Keppel FELS) is on track to deliver its third KFELS N-Class jack-up rig to Rowan Companies, Inc. on time and within budget. The KFELS N-Class combines state-of-the-art design with the dual capabilities of performing drilling and production activities efficiently and safely. Equi
DryShips Inc. , a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, announced that its majority owned subsidiary, Ocean Rig UDW Inc., exercised its third newbuilding option to construct a 7th Generation Ultra Deepwater D
Joy Global Inc., a worldwide leader in high-productivity mining solutions, has completed the acquisition of LeTourneau Technologies Inc. (“LeTourneau”) from Rowan Companies, Inc. (“Rowan”) for $1.1 billion in cash, subject to adjustment as provided in the Stock Purchase Agreement dated May 13, 2011.
A buildup of pressure in the annulus was detected in a recently completed, large bore, gas production well offshore Malaysia. Leak detection tools run into the well quickly revealed that tubing connections located at 333 m and 394 m were leaking and required recompletion of the upper completion. A d
Petrobras Downstream Executive Officer, Paulo Roberto Costa, participated this Thursday, June 23, in the World Oil Companies Congress, in London. In the morning, he delivered the “Petrobras: growth, investment and a model NOC?” keynote address, in which he discussed the company’s international strat
Today, the Norwegian Government is publishing a report to the Storting (the Norwegian Parliament) entitled “An industry for the future – Norway’s petroleum activities” (Meld. St. 28 (2010-2011)). The Government wishes to facilitate focused efforts to keep petroleum production levels very high for ge
Bergen Group Offshore awarded EPCI modification project by ConocoPhillips for Eldfisk Bravo. Bergen Group Offshore has, through its subsidiary Bergen Group Rosenberg AS, been awarded a brownfield modification project by ConocoPhillips. The contract value for the project is about 80 MNOK, and will ge
The regular meeting of the Board of Directors of the Shtokman Development AG (SDAG) was held in Lucerne (Switzerland) on June 23, 2011. The Board of Directors made note of the good progress in activities on offshore and onshore facilities in preparation for the Final Investment Decision planned by t
Locals will join hands on two area beaches Saturday as part of an international protest against offshore drilling. Hands Across the Sand… By Joey Cresta (Seacoastonline) [mappress] Source:Seacoastonline , June 24, 2011;
The Board of Mediterranean Oil & Gas Plc , the central Mediterranean focused producer, developer and explorer of oil and gas assets, announced today that Phoenicia Energy Company Limited (“PEL”), a wholly owned subsidiary of MOG, has entered into an Execution Agreement (“Execution Agreement”) with D
Hallin Marine, a Superior Energy Services company, announces the award of its latest subsea pipeline repair project off the African west coast. Working on behalf of a major oil company, Hallin is providing overall project management and engineering, the subsea operations vessel (SOV) Ullswater, repa
Since 1989, offshore installations in the English sector of the North Sea have been required by law to install Emergency Shutdown (ESD) valves to isolate the installations from oil and gas pipelines. A Bettis™ valve actuator − specially designed by Emerson Process Management − installed at that time
Aberdeen-based Hallin Marine, a Superior Energy Services company, in cooperation with UTEC has successfully provided offshore pipelay and platform installation support to Global Industries at the Al-Jalila Field, offshore Dubai. With overseas divisions in Australia, Canada, Singapore, Brazil, and th
