Bowleven, the West Africa focused oil and gas exploration group traded on AIM, announces that the Sapele-1 exploration well drilling in the Douala Basin, offshore Cameroon has been drilled to a total depth (TD) of 4,733 metres. Drilling was halted due to technical limitations after encountering a hi
AMEC, the international engineering and project management company, announces today that it has entered into an agreement to acquire Zektingroup (Zektin), an Australian-based specialist engineering consultancy for the oil and gas and resources industries, from its owner-managers. Closing is anticipa
MIS reports record profits, margin improvements at every level and net income of $35.7 million versus $29.0 million in 2009. MIS Co. Ltd. Inc reports a further quarter of robust operating profits, with results for the 4th Quarter 2010, operating and financial highlights of which are as follows: * Re
Providence Resources P.l.c., (‘Providence’) the Irish oil and gas exploration and production company, whose shares are listed in London (AIM) and Dublin (ESM), confirms that it has signed a Memorandum of Agreement with Shell International Trading and Shipping Company Limited to negotiate an oil off
Anadarko Petroleum Corporation today announced the latest in a string of major deepwater natural gas discoveries off the coast of Mozambique. The Tubarao discovery well encountered more than 110 net feet (34 meters) of natural gas pay and no water in a high-quality Eocene-age reservoir that is separ
BP Norge AS (BP) has received consent to use the mobile drilling facility Polar Pioneer(photo) on the Skarv field in the Norwegian Sea. The consent relates to drilling of production wells on the Skarv field in the period April 2011 to May 2013. Skarv is located approximately 35 kilometres southwest
Statoil Petroleum AS (Statoil) has received consent to conduct exploration drilling in the Norwegian Sea with the mobile facility Transocean Leader. The consent relates to drilling of well 6407/4-2, in production licence 429 in the Norwegian Sea. The prospect being explored has been given the name “
Maruja Field Appraisal Karoon advises that the semi-submersible ‘the Diamond Offshore Ocean Yorktown(photo) semisubmersible drilling rig’ has now moved onto location and is preparing to commence drilling on the Maruja-2 appraisal well. The well’s surface location is 4.8 km north east of the Maruja-1
INPEX CORPORATION announces that through its wholly owned subsidiary, INPEX Gulf of Mexico Co., Ltd. (INPEX), it has acquired a 15% participating interest in the Walker Ridge 95/96/139/140 Blocks from Shell Offshore Inc.(Shell). The Walker Ridge Blocks are located 280km off the coast of New Orleans,
Following the Board’s decision, announced in November 2010, to commission a new build vessel to service the emerging market for ultra-large transports, Dockwise has appointed Hyundai Heavy Industries (HHI) of Korea as its ship building yard. HHI is scheduled to deliver the vessel during the last qua
Subsea 7 S.A. announced today the award of a SURF contract valued at approximately $75 million from ConocoPhillips Skandinavia AS, acting as Technical Service Provider on behalf of the operator Gassco, in the German Sector of the North Sea. This contract is for the engineering, procurement and insta
Statoil had a meeting Friday afternoon with the Petroleum Safety Authority Norway (PSA). The main themes were the status of the well and the reservoir conditions, and updated plans for relief wells at the Gullfaks field. All North Sea wells are required to have two independent barriers to secure the
Revenue of Rosneft rose by 35% in 2010 to USD 63.0 bln. The increase was due to higher prices for crude oil and petroleum products, and growth in volumes of oil production and refining. Revenue grew by 12% in Q4 2010 compared with Q3 to USD 17.4 bln, mainly due to higher prices for […]
Rob Chesters has been appointed as Business Manager for Regulatory Products and Services at Wilhelmsen Ship Service. Chesters will work on the company’s new concept offers in the field of Regulatory Products and Services. The service concepts will be built around customer needs and regulation requir
