Cobalt announced execution of a Drilling Rig Contract with Diamond Offshore Drilling Inc. for use of the Ocean Confidence drilling rig. Cobalt plans to use this rig to drill the first two wells on Block 21 in the deepwater offshore Angola. Cobalt has an option to drill up to two additional wells. Th
Subsea 7 Inc , one of the world’s leading subsea engineering and construction companies, today announces the award of a new Day-Rate contract with Petrobras (Petróleo Brasileiro S/A). The contract, valued in excess of US $110m, is for the exclusive use of Subsea 7’s pipelay vessel, “Lochnagar” and w
Anadarko Petroleum Corporation announced the Mercury-1 exploration well offshore Sierra Leone encountered approximately 135 net feet of oil pay in two Cretaceous-age fan systems. Mercury is the company’s second deepwater test in the Sierra Leone-Liberian Basin and was drilled to a total depth of app
MEO Australia Limited advises that the Songa Venus semi-submersible drilling rig was handed over from Shell at 5pm (Perth time) on Sunday 14th November and is currently under tight tow to the Artemis-1 location. The journey is programmed to take approximately eight days at current tow speed, however
Cobalt announced an important modification of its contract with Ensco for the 8503 drilling rig. The amendment provides for a substantially reduced day rate in the event that the rig is unable to work due to continued permitting delays in the Gulf of Mexico. About Cobalt Cobalt is an independent oil
Two contracts worth around USD 90 million have been awarded to Subsea 7. These are EPCI contracts, which include engineering, procurement, construction and installation of the pipelines and control cables connecting the PanPandora and Katla fields in the North Sea to existing production systems. The
Greenpeace has launched legal action in a bid to stop UK offshore drilling in the wake of the Deepwater Horizon disaster. By Independent.co.uk [mappress] Source: Independent, November 12, 2010;
Desire Petroleum PLC the oil and gas exploration company wholly focused on the North Falkland Basin, announces that the Rachel North 14/15-2 well was spudded at 10:40 hrs (GMT) on 12 November 2010. A further announcement will be made once drilling is completed. Desire Petroleum plc (Desire) is a UK
DryShips Inc. , a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, announced today that its fully-owned subsidiary Ocean Rig UDW Inc. has received a Letter of Intent for the Eirik Raude from a British exploration company. The Letter
Bergen Group has, through its subsidiary Bergen Group AS Halsnøy signed a Letter of Intent on a rebuilding of the seismic vessel “Geowave Master” owned by Master and Commander AS. The LOI includes work project with a total estimated value of NOK 160 – 170 million(Approximately USD$28 million). The v
Tap Oil Limited announces that the retail component (Retail Entitlement Offer) of its 1 for 2 Accelerated Non-Renounceable Pro Rata Entitlement Offer announced on 14 October 2010 (Offer) has closed. Acceptances for 9,471,912 Shares were received, representing a take up of approximately 24% of the to
Providence Resources P.l.c. („Providence‟), the AIM and ESM listed exploration and production company announced that it has signed a 10 month option agreement with Star Energy Group (“Star”) in relation to its 100% owned and operated Standard Exploration Licence (SEL) 1/07 („Dragon Licence‟) in the
Electromagnetic Geoservices ASA (EMGS) has been awarded a contract worth in excess of USD 2 million by the block SC60 joint venture, which is operated by Shell Philippines Exploration BV. The work will be performed shortly from the 3D EM vessel BOA Galatea. This vessel is now fully booked for the re
Petrofac, the international oil & gas facilities service provider, has been awarded a contract worth £40 million (Approximately USD $ 64 million)over three years for the provision of engineering services to the UK Continental Shelf assets of Maersk Oil North Sea UK Ltd (Maersk Oil). Work will begin
