KBR yesterday announced the executive appointments of Roy Oelking, Dennis Calton and John Rose within its leadership organization. Roy Oelking has been appointed Group President, KBR Hydrocarbons responsible for the company’s four hydrocarbon business units: Downstream, Gas Monetization, Oil & Gas,
Ithaca Energy Inc. announces an update on drilling operations and certain operational setbacks at Beatrice and Jacky. Both of the downhole electrical submersible pumps (“ESP”) in the Jacky production well, J01, have developed electrical faults under routine operations. Immediate plans are in effect
TGS-NOPEC, geophysical Company that provides global geoscience data products and services to the oil and gas industry for the exploration and delineation of hydrocarbon reserves has completed the acquisition of Stingray. The transaction was completed on 18 April 2011 and all outstanding shares wer
Neptune Marine Services Limited today announced that its wholly owned Singapore subsidiary, Neptune Marine Pacific Pte Ltd (Neptune Pacific), has signed a Memorandum of Agreement with PT Wintermar, of the Indonesian listed PT Wintermar Offshore Marine group, for the sale of the Neptune Trident vesse
The Norwegian Ministry of Petroleum and Energy has assigned Wintershall Norge two new licenses in the 21st Licensing Round. Wintershall is the operator of both licences. A total of 24 production licenses were awarded on the Norwegian Continental Shelf (NCS), 12 in the Barents Sea and 12 in the Norwe
Aker Solutions has received notification that Statoil has exercised options for the engineering, procurement and construction of three subsea work-over systems for use on the Norwegian Continental Shelf. Aker Solutions estimates the contract value of these three extensions to be a total of approxima
Schilling Robotics, LLC, experts in subsea systems, announced today the award of new contracts for ROV systems from Subsea 7. A total of three (3) new ROV systems will be supplied for delivery in Q2 2011, including one (1) 150hp, 3,000m rated ACV ROV system and two (2) 150hp, 3,000m rated HD™ ROV sy
Vroon Offshore Services (VOS) have taken delivery of a new addition to their offshore fleet. The VOS Theia, a 1,400 dwt anchor handling tug support (AHTS) vessel built at the Fujian Shipyard in China, was delivered today, 18 April 2011, in China. The vessel will operate out of Singapore and will be
McMoRan Exploration Co. today reported a net loss applicable to common stock of $27.6 million, $0.17 per share, for the first quarter of 2011 compared with a net loss applicable to common stock of $66.2 million, $0.74 per share, for the first quarter of 2010. James R. Moffett and Richard Adkerson,
Deep Sea Supply extends 23 contracts and signs 4 new SEVSATs from Ship Equip to cover the whole fleet. In a fleet wide deal the 23 vessels with SEVSAT already installed has been signed for another three years along with the four new buildings scheduled to be launched in 2011 and 2012. “We are [&hell
The Board of Mediterranean Oil & Gas Plc , the central Mediterranean focussed producer, developer and explorer of oil and gas assets, provides the following operational update on the Guendalina Gas Field. Italy – Concession AC 35 AG – Guendalina Gas Field (MOG interest 20%, ENI 80% and Operator) The
EnCore announces that the Company is planning for a subsidiary company, which will be assigned the Exploration Assets, to be floated on AIM. The new company will be known as XEO Exploration plc (“XEO”). Subject to regulatory approvals and a successful institutional placing, XEO is expected to be adm
VWS Westgarth, a subsidiary of Veolia Water Solutions & Technologies (VWS), has been awarded a multi-million dollar contract by Daewoo Shipbuilding & Marine Engineering Co. (DSME) for the design, supply and delivery of an Ultrafiltration system and a Sulphate Removal Package (SRP) system. The two tr
Providence Resources Plc (“Providence”), the AIM and IEX listed company, has secured a semi-submersible rig for its well programme in the Celtic Sea during the summer of 2011. This forms part of Providence’s previously announced multi-year, multi-basin drilling programme, offshore Ireland. Under the
