The first of two platform supply vessels (PSVs) of the PX106 type design was successfully launched from Alianca shipyard in Brazil mid-April. The vessel is the first of four X-BOW® vessels for offshore shipowner CBO to be built at Alianca. After the launch, the superstructure was lifted onto the ves
Nexen Inc. announced today that the company’s growth strategy achieved an important milestone when the Board of Directors approved plans to proceed with the Golden Eagle project in the North Sea. Golden Eagle will be a two-platform standalone facility with production capacity of approximately 70,000
Minister of National Infrastructures Uzi Landau told “IDF Radio” (Galei Zahal) today that Israel will speed up construction of the gas … Read the interview at Globes.co.il [mappress] Source:Globes.co.il, April 27,2011;
CNOOC Limited announces its results for the first quarter of 2011.During the period, the Company achieved a total net production of 85.2 million barrels of oil equivalent (BOE), representing an increase of 26.6% year-on-year (YoY). For the first quarter of 2011, the Company made five new discoveries
FMC Technologies, Inc. reported first quarter 2011 revenue of $1.1 billion and diluted earnings per share from continuing operations of $0.35. The diluted earnings per share included a tax benefit of $0.03 per diluted share. Total inbound orders of $1.4 billion were up 11 percent from the first quar
Octanex N.L. has been advised by Eni Australia Limited, the Operator of the Galahad-1 well located in the outer Exmouth Plateau permit, WA-363-P, that Galahad-1 spudded at 06:30 hours WST (Western Standard Time) on Sunday, 24 April 2011. The Galahad-1 well is being drilled by the Saipem 10000 drills
Premier Oil has successfully completed operations on the appraisal sidetrack CRD-2X-ST on block 07/03, offshore Vietnam. This sidetrack reached its planned total depth of 3,340 metres (m) in the Miocene section and intersected 18.3m of net oil pay. This compares with 34.4m of net oil pay intersected
Ensco plc and Pride International, Inc. jointly announced today that they each will hold special shareholder meetings on 31 May 2011 to vote on the merger of their companies, creating the world’s second largest mobile offshore drilling fleet. The Ensco and Pride joint proxy statement/prospectus has
ATWOOD OCEANICS, INC., a Houston-based international offshore drilling contractor , announced today that one of its subsidiaries has been awarded a six-month contract extension with a six-month option, both priced at the current dayrate of $90,000, with an affiliate of Nucoastal (Thailand) Limited f
Statoil has awarded Island Offshore a framework agreement for light well intervention (LWI) services from their vessel Island Constructor. The duration of the framework agreement is three years, with an option to extend for another year. The third of its type in Statoil’s portfolio the vessel will h
Petrobras’ domestic and foreign average oil and gas output in March reached 2,613,994 barrels of oil equivalent per day (boed), up 2.3% on the same period in 2010, and 0.4% higher than the total extracted in February this year. In Brazil, the Company’s average oil and gas output reached 2,376,186 bo
GE has completed the strategic acquisition of John Wood Group PLC’s Well Support Division, expanding GE Oil & Gas’ extensive drilling and surface manufacturing and services portfolio. The John Wood Group PLC Well Support division, which has over 3,800 employees globally and operates approximately 20
KBR today announced that it has been awarded a contract by Chevron U.S.A. Inc. to execute detailed design engineering for the Jack & St. Malo floating production unit (FPU) located in the Lower Tertiary trend in the deepwater Gulf of Mexico. The Jack and St. Malo fields are located within 25 miles (
L&N (Scotland) has been awarded two contracts worth in excess of £1.2 million by GE VetcoGray. The Aberdeen-based engineering and fabrication company will manufacture and supply 110 subsea control products to be deployed on various North Sea subsea projects. The award reinforces L&N’s decision to fo
