SBM Offshore announces that the company has signed a contract relating to the Deep Water Oil Loading System required as part of an oil field development offshore West Africa. The scope of work for SBM Offshore consists of: *the engineering, procurement and supply of Oil Offloading Lines (OOL) and Fi
Petrobras announces the discovery of a new oil accumulation in the Campos Basin pre-salt, through well 6-AB-119D-RJS drilled in the Albacora field, 107 km off the coast and only 3.2km from the drilling rig P-31. Preliminary volume estimates indicate an economically recoverable volume potential of ap
Expro will highlight some of its latest technologies and demonstrate its ability to offer the complete package of solutions across the well lifecycle at this year’s Offshore Technology Conference (OTC) in Houston. Expro’s Chief Executive Officer Charles Woodburn said: “Our presence at this year’s OT
Inmarsat plc the world’s leading provider of global mobile satellite communications services, today announces it has completed the acquisition of Ship Equip International A.S. (“Ship Equip”) for a total consideration of USD 159.5 million. Based in Ålesund, Norway, Ship Equip is a leading provider of
IHC Engineering Business (IHC EB), a part of IHC Merwede group, has successfully delivered its largest project to date, a 2,000 tonne capacity J-Lay tower for client Saipem. After intensive design, manufacture and installation, assisted by Saipem teams, the system is en route to West Africa. The rig
Apache Corporation reported production of 732,000 barrels of oil equivalent (boe) per day and earnings of $1.1 billion, or $2.86 per diluted share, for the three-month period ending March 31, 2011. These compare with production of 586,000 boe per day and net income of $705 million, or $2.08 per dilu
Noble Energy, Inc. reported today first quarter 2011 net income of $14 million, or $0.08 per share diluted, on revenues of $899 million. The Company’s first quarter 2010 net income was $237 million, or $1.34 per share diluted, on revenues of $733 million. First quarter 2011 net income includes items
Upstream oil and gas regulator BPMigas announced Thursday its official recommendation that the government appoint state oil and gas firm … Sourced from: TheJakartaPost [mappress] Source:The Jakarta Post, April 28, 2011;
BMT Scientific Marine Services has launched a fully-qualified ROV-Serviceable Subsea Strain Sensor Assembly (SSSA) for monitoring the structural integrity of subsea structures (tendons, production risers, steel catenary risers, platform legs and braces, etc).BMT SMS ROV SSSA Until now, sensors were
GL Noble Denton, the global independent technical advisor to the oil and gas industry, will standardize on Intergraph SmartMarine® Enterprise, including SmartMarine 3D, to replace its existing design solution for offshore and marine assets. This move will enable the company to increase the functiona
Sterling Resources Ltd. has declared Force Majeure on its Midia and Pelican Blocks in the Black Sea after the Company has been unable to undertake Petroleum operations for reasons outside of its control. In early 2011, after extensive and lengthy efforts, the Company finally obtained from the releva
Drydocks World will carry out refurbishment worth $3.3m onboard semi-submersible crane vessel Hermod belonging to Dutch company Heerema Marine Contractors, a service provider in the offshore oil and gas industry. The ship is 154 m long and 86 m wide and is one of the largest in operation. Its draft
Dolphin Geophysical announces the appointment of R. Gareth Williams, PhD, as Chief Geophysicist. Reporting to Tim Wells, Gareth will be responsible for ensuring that all geophysical aspects of the surveys are of the highest standard. Since joining the seismic industry in 1981, Gareth has global expe
Brazilian oil giant Petrobras has specified ultra strong, lightweight Dyneema® fibers for a complete set of mooring ropes for a semi-submersible mobile offshore drilling unit (MODU). Headquartered in Rio de Janeiro, Petrobras has substantial interests in deepwater exploration. Petrobras specifically