The Board of Gasol announces that it has entered into an exclusive Project Option Agreement (“Option Agreement”) with Moni Pulo (Petroleum Development) Limited (“Moni Pulo”) in respect of all of the gas in Nigerian offshore licence area, OML 114. During the exclusivity period, Gasol will have an opp
JSC Shipyard Zaliv (Kerch, Crimea) and large Norwegian ship owning company Argali Holdings Ltd have signed the contract for construction of offshore drilling rigs supply vessel (project 832 CD). By words of Nikolay Kuzmenko, chief of Supervisory Board of shipyard Zaliv the peculiarity of this contra
Environmental waste management contractor TWMA has been awarded a £4million contract extension by TOTAL E&P UK Limited for continued drilling-waste management services in the UK North Sea. The Aberdeen-headquartered firm has been contracted for a further two years to process and handle drill cutting
Dolphin Drilling AS, a subsidiary of Fred. Olsen Energy ASA , has entered into a Letter of Award for the provision of the semi-submersible drilling rig Bredford Dolphin with Lundin Norway AS for operation on the Norwegian Continental Shelf. The contract is for a six well drilling program with an est
Farstad Shipping achieved an operating income of NOK 801.0 million (USD 144.65 million) for the 1st quarter. The operating profit (EBIT) was NOK 142.8 million (USD 25.78 million). The profit after taxes was NOK 90.4 million (USD 16.32 million). Contract coverage The contract coverage of the Farstad
Korean Samsung Heavy Industries Ltd. has entered into an agreement with Grenland Group for delivery of detailed engineering and fabrication services for the topside on Statoil’s wellhead platform Valemon. The project will start up immediately and will be completed in February 2014.The contract value
Ithaca Energy Inc. announces that the J03 well on the Jacky field (“the well”) has been suspended having encountered a smaller than anticipated oil column in the Beatrice ‘A’ Sand reservoir. Given the result of the well, technical work is ongoing to determine whether to re-enter the well and complet
Following his notice to the Group Board, Rob Strijland (1949) will retire as Chief Operating Officer effective June 1, 2011, Dockwise announced. Apart from the fact that Mr. Strijland wishes to develop other interests in the maritime industry, he will continue to assist Dockwise in a consulting capa
Further to the announcement of 7 April 2011, Lamprell , a leading provider of specialist engineering services to the international oil & gas and renewables industry, announce the proposed recommended acquisition of all the issued and to be issued shares of Maritime Industrial Services Co. Ltd. Inc.
Go Offshore recently announced that it has secured a long term contract with Chevron for its UOS Discovery AHTS . The 16,320 hp Anchor Handling Tug & Supply vessel will provide support for Chevron’s drilling activities off the North West Shelf of Australia. Initial firm period is 6 months. Go Offsho
Lundin Norway AS, a wholly owned subsidiary of Lundin Petroleum AB (Lundin Petroleum), operator of PL338, has completed the sidetrack well 16/1-15A on the Tellus prospect. The objective of well 16/1-15A was to further appraise the Tellus discovery located in Block PL338. The well proved a 50 meter o
It is announced that Qatar Petroleum Development Co., Ltd.(Japan) , which is a subsidiary of Cosmo Oil Co., Ltd. , commenced oil production from A-Structure South Field offshore Qatar, Middle East. Qatar Petroleum Development Co., Ltd.(Japan) (QPD) was established as the project company for the purp
Sterling Resources Ltd. (“Sterling” or the “Company”) announces the completion of drilling of the 210/30a-4Y well on Block 210/30a in the United Kingdom North Sea. This is the third well (second side-track) drilled in the current four well campaign to further appraise the extent of the Cladhan reser
SeaBird Exploration PLC (‘SeaBird” or “SBX”), the market leader in deepwater node seismic and high end 2D acquisition,announces the signing of a Frame Agreement with Spectrum ASA (“SPU”) for the acquisition of 2D seismic data to a minimum value of USD 23 million over a period of 36 months, and a Re-
