InterMoor Inc., an Acteon company, celebrated the grand opening of its new state‐of‐the‐art facility in Morgan City, La. on March 24 with a ribbon cutting ceremony and reception that included tours of the facility. Tim Matte, Mayor of Morgan City, Mac Wade, Morgan City Port Commissioner, and Louisia
The Kuwait Foreign Petroleum Exploration Company (Kufpec) expects D-Day in August for a final investment decision on its participation in… Source: The National.ae [mappress] Source:The National, April 8, 2011;
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today approved a deepwater permit for the drilling of a ninth well that complies with rigorous new safety standards implemented in the wake of the Deepwater Horizon explosion and resulting oil spill. This includes satisfying
Hagens Berman LLP, a nationwide, investor-rights law firm, investigates Hercules Offshore to determine if the company violated securities laws after the announcement of a Securities and Exchange Commission (SEC) investigation of certain of the company’s activities. Hagens Berman partner Reed R. Kath
IHC Merwede will be showcasing a range of its innovative vessels, advanced equipment and life-cycle support on stand number 2625 at the forthcoming OTC 2011 on 2-5 May 2011 in Houston. As a reliable supplier of custom-built ships and equipment for offshore construction, IHC Merwede is renowned for f
Miclyn Express Offshore announces the appointment of Mr. Derek Koh to the post of Chief Financial Officer (CFO). Mr. Koh is a UK Chartered Accountant with over 22 years of broad experience in professional practice and industry. He most recently held the position of CFO for an SGX-listed, Asian oil &
Petsec Energy advises that the Marathon #2 well has been spud in the shallow waters of the Atchafalaya Bay along the Louisiana Gulf Coast, USA. Phoenix Exploration is the operator and the well has spud on 5th April using the Parker 54B drilling rig. The second Marathon well is a follow up to the [&h
On April 7th as part of the International Conference held in Murmansk “Logistics in Arctic” Shtokman Development AG presented its logistics strategy for Phase One of Shtokman gas-condensate field development. The bottom line of the strategy is to prepare the most efficient, safe, and optimal schemes
DOF has entered into three long term charter contracts with ConocoPhillips Skandinavia AS for operation in the Norwegian Sector. The contracts will commence 4Q 2012, with a firm period for each contract of 7 years. ConocoPhillips has an option to extend the contracts. To serve these contracts DOF ha
ATP Oil & Gas Corporation today announced that it has received a permit to complete the previously drilled #2 well at Green Canyon (“GC”) Block 300 (“Clipper”) in the deepwater Gulf of Mexico. “The Gulf of Mexico is where we refined our deepwater expertise and we are looking forward to generating fu
Gas began flowing to continental Europe last week from the Beta West structure in the Sleipner area of the North Sea, which was discovered by Statoil in 2009. “This was one of the largest discoveries we made that year, with a well drilled from the Sleipner B platform,” reports Edvin B Ytredal, vice
Subsea 7 S.A. announced today the award of two SURF contracts with an approximate total value of $150 million from ConocoPhillips Skandinavia AS, on the Greater Ekofisk Area in the North Sea. The first contract is for the engineering, procurement, fabrication, installation and hyperbaric weld tie-in
STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, announces that it has secured new contracts for the design and construction of a series of three Multi Role Vessels (MRV) for DOF ASA. Delivery is scheduled for the second ha
Seadrill has through its affiliate Sea Dragon de Mexico settled the final agreement with Pemex Exploracion y Produccion (“Pemex”) for the provision of the ultra-deepwater semi-submersible drilling rig West Pegasus (previously Seadragon I). The five-year assignment in Mexico has a fixed operating day
