LONGREACH OIL AND GAS LIMITED an oil & gas company focused on Morocco, announces that Fugro Robertson, one of the world’s leading geoscience and technical services company, has been awarded the contract for seismic reprocessing on the Foum Draa and Side Moussa licenses, offshore Morocco. The work wi
Dockwise announces that it has signed a contract for USD 25 mln, with an affiliate of Chevron U.S.A. Inc. regarding the transportation of the Jack & St. Malo hull from Korea to the Gulf of Mexico. It is the intention of the parties that this contract – already included in the Q3 backlog as a [&helli
Oil and gas production reached 1.53 million BOE for the quarter, a 3% decline on the previous period. Production was impacted by some operational issues at Tui, BassGas and Casino, which were all successfully resolved by the end of the period. AWE’s share of sales revenue rose by 14% to $72 million.
Federal authorities say a natural gas leak has been stopped at a platform in the Gulf of Mexico off the southwestern Louisiana coast. The platform is about 93 miles offshore, south of Lake Charles, in about 173 feet of water. The Bureau of Ocean Energy Management, Regulation and Enforcement says it
At a meeting of the Mineral Resources Committee the Director of Mineral Resources gave her report. 1). Progress with Offshore Drilling Programme: Since the last report was prepared for the meeting held on 14 December, The Ocean Guardian(photo) has completed drilling well 25/10-1 (known as Dawn/Jacin
Nido Petroleum Philippines Limited (‘Nido), on behalf of the SC 54B Joint Venture, announced that the Shell Philippines Exploration BV (‘SPEX’) farm-in to Nido and Kairiki’s interests in SC 54B was formally approved by the Philippine Department of Energy (‘DOE’) on 25 January 2011. Approval of the S
Statoil held a follow-up meeting with the Petroleum Safety Authority Norway (PSA) in which they reviewed the status after the C06 incident at Gullfaks. “We addressed two topics in the meeting, specifically those relating to well integrity and pressure build-up in the Shetland formation,” says head o
-Exxon Mobil Corporation announced today that its subsidiary, Exxon Neftegas Limited, has successfully drilled the world’s longest extended-reach well at the Odoptu field, offshore far east Russia. Exxon Neftegas is the operator of the Sakhalin-1 Project on behalf of an international consortium that
The last quarter of 2010 yielded two significant events for Nido that kept all hands fully engaged. Last October, Shell Philippines Exploration B.V. signed a Farmin Agreement with Nido and its joint venture partner in SC 54B to pave the way for the drilling of the Gindara prospect, one of Nido’s lea
Chevron Corporation today reported earnings of $5.3 billion ($2.64 per share – diluted) for the fourth quarter 2010, compared with $3.1 billion ($1.53 per share – diluted) in the 2009 fourth quarter. Results in the 2010 period included gains of nearly $400 million from downstream asset sales. Foreig
Bergen Group Offshore has, through its subsidiary Bergen Group Rosenberg AS, been awarded an offshore modification project by Statoil Petroleum AS. The contract value for the project is estimated to NOK 20-25 million(USD $4million). The EPCI-contract (Engineering, Procurement, Construction and Insta
Perisai Petroleum Teknologi Bhd has proposed an acquisition of 51% equity interest in Intan Offshore Sdn Bhd for RM45.2mil(USD$ 14,8) to … [mappress] Source:Thestar, January 28, 2011;
Engineering data and design IT systems provider AVEVA continues to trade in line with its expectations and the board remains confident of… [mappress] Source:IBTIMES, January 28, 2011;
Expanding prosperity for a growing world population will drive an increase in energy demand of about 35 percent by 2030 compared to 2005, even with significant efficiency gains, and natural gas will emerge as the second-largest energy source behind oil, Exxon Mobil Corporation3 said as it released i
