Anadarko Petroleum Corporation today announced that the Barquentine exploration well in the Offshore Area 1 of Mozambique’s Rovuma Basin encountered a total of more than 416 net feet of natural gas pay in multiple high-quality sands. Specifically, the discovery well encountered more than 308 net fee
OSPRAG, the UK’s Oil Spill Prevention and Response Advisory Group, has agreed to move ahead to commissioning detailed designs for a full/partial pressure capping device which has the potential to become a key element of the UK offshore oil and gas industry’s oil spill response contingency plans. OSP
Technip has been awarded a contract by ExxonMobil, on behalf of the Marine Well Containment Company (MWCC), to design an emergency response system that will be available to contain oil in the event of a potential future underwater well incident in the deepwater Gulf of Mexico. The contract covers fr
Songa Offshore SE announces that a Letter Of Intent (LOI) has been received from Statoil Petroleum AS for the use of Songa Dee for a 3 years firm plus 1 year option Drilling Contract on the Norwegian Continental Shelf. The LOI is conditional to Partner approval and mutual agreement of contract terms
Ithaca Energy Inc. and its wholly owned subsidiary Ithaca Energy (UK) Limited (“Ithaca” or “the Company”), an independent oil & gas company with exploration, development and production assets in the UK sector of the North Sea, announced stable production from the first workover well on Beatrice Alph
Halliburton announced today that net income for the third quarter of 2010 was $544 million, or $0.60 per diluted share. The third quarter results were unfavorably impacted by a non-cash impairment charge for an oil and gas property of $32 million, after-tax, or $0.04 per diluted share, and higher ta
The exploratory well GS-KV-1 drilled in the IF PEL block in KG Basin- Shallow offshore to a depth of 2,908m, produced gas from interval 2,698-2,696m & 2,694-2,691m @ 81,910 m3/d & condensate @ 47 bbls/d (6.4 m3/d) through 6 mm bean and from another interval 2677- 2672m @ 1,26,583 m3/d & condensate @
Vroon Offshore Services (VOS) have taken delivery of a new addition to their offshore fleet. The VOS Prevail, a platform-supply vessel, is the last in a series of four vessels built at Cochin Shipyard in India. She is a standard Rolls Royce UT-755 LN design platform-supply vessel The vessel was deli
DryShips Inc. , a global provider of marine transportation services for dry bulk cargoes and off-shore contract drilling oil services, announced today that its fully-owned subsidiary Ocean Rig UDW Inc. has signed definitive documentation following the previously announced Letter of Award. The contra
Ophir Energy plc (Ophir) announced that a Heads of Agreement (Agreement) has been entered into with ASX-listed FAR Limited (FAR). The Agreement enables FAR to immediately acquire a 10% interest in the AGC Profond PSC offshore Senegal and Guinea Bissau and gives Ophir the right to acquire a 25% inter
Viking Offshore and Marine Limited (“Viking” or the “Group”) announced today it is buying a 100%-stake in Marshal Systems Pte. Ltd. (“Marshal”), a leading integrator of marine communication, fire and safety equipment and control and instrumentation systems for S$17 million (approximately USD $13 Mil
FG International Holland BV, the Dutch special lifting company, in close cooperation with local partner CR Asia, has replaced the riser hose that forms the centre piece of the Arthit/Bongkot development. After meticulous planning triple redundancy was applied to make sure the replacement would be pe
BP announced today that it has reached agreement to sell its upstream businesses and associated interests in Venezuela and Vietnam to TNK-BP for a total of $1.8 billion. TNK-BP, Russia’s third largest oil company, is owned equally by BP and the AAR Consortium (comprising Alfa Group, Access Industrie
Tap Oil Limited announces that the Manora-4 appraisal well, in concession area G1/48, Gulf of Thailand, was spudded on 14 October 2010. Manora-4 is a stepout well targeting an area adjacent to the Manora Field. The Manora Field was discovered by the Manora-1 exploration well in November 2009. Tap’s
