Today, Oil States International, Inc. announced that its subsidiary, Oil States Industries (Thailand) Ltd., has been awarded a three-year contract valued at approximately $14 million USD (THB 432 million) to supply Offshore Marine Cranes to PTT Exploration and Production Company Limited (PTTEP). The
One of the world’s most important environmental organizations, the World Wildlife Fund, warned yesterday about the ecological impact of … By Zafrir Rinat (Haaretz) [mappress] Source:Haaretz, February 9, 2011;
In the fourth quarter of 2010, BOURBON revenues totaled 221.3 million euros, up 12.9% compared with the same period in 2009. Compared with the same quarter of the previous year, “Marine Services” revenues were 16.5% higher at 173.4 million euros, despite a deterioration in market conditions. This gr
Statoil Petroleum AS, operator of production licence 50, is in the process of completing the drilling of wildcat well 34/10-53 S. The well is about two kilometres west of the Gullfaks Sør field, in the northern part of the North Sea. The well’s primary exploration target was to prove petroleum in sa
Tap Oil Limited provides the following update on the Zola-1 exploration well, offshore Carnarvon Basin, Western Australia. Location / Proposed Depth The Zola-1 well is located in permit WA-290-P, immediately south of the giant Gorgon gas field in the Carnarvon Basin, Western Australia. The well is b
Statoil today presents its fourth quarter results and its Strategy Update. Statoil’s fourth quarter 2010 net operating income was NOK 42.8 billion, compared to NOK 33.5 billion in the fourth quarter of 2009. In 2010, net operating income was NOK 137.2 billion compared to NOK 121.6 billion in 2009. “
The Penspen Group today announced that Ernie Lamza, its current Director of Offshore, has been appointed as Managing Director of the Engineering and Project Management (E&PM) side of the business, a new role which has been created in response to the company’s 400% growth in the past five years. Erni
The Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips Skandinavia AS a drilling permit for well 7/11-12 S. Well 7/11-12 S will be drilled from the Mærsk Gallant drilling facility at position 57°0’54.51’’north and 2°36’13.54” east. The drilling program for well 7/11-12 S relates to the
PALFINGER Marine’s development department has made the leap into the champions’ league of offshore crane systems with the design of the first PALFINGER “Heavy Duty Foldable” Marine crane for one of the world’s state-of-the-art research ships. PALFINGER Marine- und Beteiligungs-GmbH (PMB) is tapping
Saratoga Resources, Inc. thanked to all those who participated in its successful Energy Executive Roundtable, held at the Windsor Court Hotel in New Orleans on February 2, 2011. The roundtable addressed energy policy initiatives to promote growth in South Louisiana, the Transition Zone, and the shal
Gulf Marine Services Saudi Arabia Ltd (GMSSA), a joint venture between Shoaibi GroupShoaibi Group and Gulf Marine Services has today … [mappress] Source:Zawya, February 8, 2011;
The State Oil Company of Azerbaijan has completed drilling new well No 57 on Guneshli offshore field. By Rufat Abbasov (News.az) [mappress] Source:News.az, February 8, 2011;
Offshore player Greatship India is betting big on the subsea support services to drive its next leg of growth. [mappress] Source:Profit, February 8, 2011;
The explosion on the Deepwater Horizon rig in the U.S. Gulf of Mexico in April 2010 led to the largest oil spill in U.S. history and threatened Gulf ecosystems, the local Gulf Coast economy and the future of U.S. offshore drilling. As more scientific and technical information becomes available about
