Energy Partners, Ltd. reported probable reserve estimates provided by its third party engineering firms totaling 12.2 million barrels of oil equivalent (Boe) as of year-end 2010. Highlights Probable reserves of 12.2 Mmboe, representing a 33% increase year over year Oil weighted reserves, of which 28
SBM Offshore announces the industry’s first fully qualified and certified offshore LNG transfer system – the Cryogenic Offshore Offloading and Loading (COOL™) system. The COOL™ system is comprised of a flexible cryogenic floating LNG hose and connectors designed to allow the transfer of LNG between
W&T Offshore, Inc. announced that it responded to reports of an oil sheen in the Gulf of Mexico that was said to be near a W&T operated platform in Mississippi Canyon block 243 (“Matterhorn”). Following an onsite and aerial investigation by the Company, it was determined that the source of a reporte
The Board of Directors re-elected Alexey Miller as Gazprom Management Committee Chairman for another 5-year term starting from May 31, 2011. Alexey Miller was born on January 31, 1962 in Leningrad. He graduated from Voznesensky Leningrad Finance and Economics Institute and holds a PhD in Economics.
Schilling Robotics, LLC, experts in subsea systems, announced yesterday that it has received a 2011 Spotlight on New Technology Award from the Offshore Technology Conference (OTC) for its new Heady-Duty (HD™) ROV. The honor, which recognizes innovative technologies that significantly impact offshore
Neptune announces the recent extension to two of its strategic services agreements held with core clients. The extensions take the agreements through to March 2012 for the provision of diving, survey, remotely operated vehicle (ROV) and engineering services. The extensions follow Neptune’s successfu
Roc Oil (WA) Pty Ltd, a wholly owned subsidiary of ROC, advises that normal production operations at the Cliff Head oil field, offshore Western Australia, resumed on 17 March. Uncontaminated crude oil deliveries from Cliff Head to BP’s Kwinana refinery in Perth recommenced on 20 March. Production at
Alexey Miller, Chairman of the OAO Gazprom Management Committee, and Dr. Jürgen Hambrecht, Chairman of the Board of Executive Directors of BASF SE, signed a Memorandum of Understanding in Moscow yesterday (Monday, 21 March 2011) which will see the BASF subsidiary Wintershall acquire a 15 percent sta
Maersk Oil Norway AS has received consent to carry out exploration drilling of well 6406/3-9T in the Norwegian Sea using the mobile facility Transocean Winner. The well will be drilled in production licence 431, about 12 kilometres south of the Åsgard field. The well has the following coordinates: N
Polarcus Limited announces that Polarcus Alima AS, a member of the Polarcus Group, took delivery on 21 March 2011 of POLARCUS ALIMA, the fifth 3D seismic vessel to date to join the Polarcus fleet. POLARCUS ALIMA is the sister ship to POLARCUS ASIMA, delivered to the Polarcus Group in August 2010. Th
Halliburton has been awarded a $120 million, three-year contract extension by Chevron Thailand for the provision of directional drilling, measurement-while-drilling (MWD) and logging-while-drilling (LWD) services for its ongoing offshore developments in the Gulf of Thailand. The majority of the well
Ithaca Energy Inc. announces today that drilling of the J03 well on Jacky has been temporarily suspended due to mechanical issues on the Energy Enhancer jack-up drilling unit. Additionally, the Beatrice Alpha workover well, A28, is now anticipated to return to stable production in early April. The d
Polarcus Limited announces that the Company has signed a second contract with Providence Resources PLC, for a 200 square kilometer 3D seismic acquisition project in the Porcupine Basin, offshore Ireland. This new survey will commence in Q3 2011 immediately following completion of the Company’s two p
Technip has been awarded by TAQA Bratani Ltd. an installation contract for the development of the Falcon field, which is located in the North Sea approximately 560 kilometers northeast of Aberdeen, in 160 meters of water. The contract covers: * project management and engineering, * installation of a
