Seadrill’s majority owned subsidiary Scorpion Offshore Ltd. has received a binding Letter of Agreement for a two well firm plus two optional wells contract for Offshore Vigilant in Venezuela with Cardon IV S.A. Firm contract duration is estimated to 240 days with an option for extension of approxima
ST Australia was chosen via tender by TSMarine to create an end to end satellite VSAT communication solution for their two vessels REM Etive and Havilla Harmony. TSMarine required installation, commissioning and ongoing operation and maintenance of VSAT communication systems onboard two existing ves
Fairfield Energy, the independent oil and gas exploration, development and production group today announces that it has awarded the contract for the provision of Subsea Engineering, Procurement, Construction and Installation (EPCI) Services for the Dunlin Fuel Gas pipeline project to Technip UK Limi
Seadrill’s majority owned subsidiary Seawell Limited and Allis-Chalmers Energy Inc. announce that their Boards of Directors have unanimously approved a definitive merger agreement providing for the acquisition of Allis-Chalmers by Seawell in a transaction valued at approximately US$890 million (incl
Chevron Corp. today a natural gas discovery in the Exmouth Plateau area of the Carnarvon Basin offshore Western Australia. The discovery is located in Australia’s premier hydrocarbon basin, where Chevron is a leading lease holder. The Brederode-1 exploration well is located within the WA-364-P permi
Dana Petroleum, the British oil explorer, said talks on a possible takeover has stalled after the Korea National Oil Corp (KNOC) refused… By Telegraph [mappress] Source: telegraph, August 12, 2010:
Endeavour International Corporation will participate in The 2010 Oil and Conference ® hosted by EnerCom Incorporated on Wednesday, August 25, 2010 in Denver, Colorado. J. Michael Kirksey, executive vice president and chief financial officer, is scheduled to speak on the company’s business strategies
Long-standing tradition will be continued at this year’s ONS oil show in Stavanger, when the Petroleum Safety Authority shifts from its red-green logo to assemble beneath the national coat of arms. The golden lion rampant with its axe on a red shield will unite the principal government authorities i
DOCKWISE Ltd., today publishes unaudited results for the three month and half year period ended 30 June 2010. André Goedée, CEO of Dockwise Ltd., commented: “On a quarterly basis, Dockwise has made steady progress in difficult conditions since last summer. We now see encouraging signs across our mar
The State Oil Company of Azerbaijan Republic (SOCAR) develops a plan to transfer the infrastructure and communications in the shallow part… [mappress] Source: tradingcharts, August 12, 2010:
Brunei Shell Petroleum (BSP) has awarded SKSWood, a Wood Group joint venture, a two-year extension for one of the largest integrated service contracts in Asia Pacific. SKSWood has executed and managed the offshore construction and maintenance associated with approximately 200 offshore assets for BSP
KCA DEUTAG Group is announces the appointment of Dr. Daniel Wiest who will replace Peter Milne as Chief Financial Officer with immediate effect. Dr. Wiest has extensive experience in investment management, finance and control. After studying Business Administration in Munich, he gained his Doctorate
AWE Limited advises that at 0600 hours today the Tuatara-1 well was drilling ahead at a measured depth of 1,796 metres. The significance of the previously reported gas shows will be fully assessed by wireline logs after drilling to total depth. Progress since the last report was 814 metres. Tuatara-
Centrica Energy Upstream (‘Centrica’) and Sevan Marine ASA (‘Sevan’) have, through their respective wholly-owned subsidiaries, entered into an agreement for Sevan to acquire Centrica’s 20% equity interest in FPSO Sevan Hummingbird for a net consideration of USD 39 million. Following the transaction,
