On August 4, the second line of the Nord Stream gas pipeline reached at Russian coast at Portovaya bay near Vyborg. Like the first line… [mappress] Source: oilandgaseurasia, August 9, 2010:
Nido Petroleum Limited (Nido), as Operator of Service Contract 54A (SC 54A), provides an operations update on Extended Well Testing (EWT) activities at Tindalo. Well testing is continuing and the following can be confirmed since the last update: • Approximately 165,000 barrels of oil (@ 60oF) is now
Hyperdynamics Corporation celebrated the launching last week from the Port of Conakry – Guinea’s capital – of the seismic vessel Ramform Challenger, which is scheduled to shoot the 3-D seismic program on the Company’s oil and gas exploration concession area. The Republic of Guinea’s Prime Minister,
Vantage Drilling Company reports a net loss of $(7.0) million or $(0.03) per diluted share for the three months ended June 30, 2010 as compared to net income of $4.0 million or $0.04 per diluted share for the three months ended June 30, 2009. For the six months ended June 30, 2010, Vantage reports a
Songa Venus achieved operating efficiency of 96% during the month, the rig continued its work on the first out of 3 firm wells for Shell Development (Australia). Shell confirmed and exercised first out of 3 optional wells, this well has further been assigned to MEO Australia Limited. Songa Mercur ac
Unions have won a tribunal case on behalf of workers at Cleveland Bridge who were made redundant following the collapse of the SeaDragon contract on Teesside. Darlington-based Cleveland Bridge announced 140 jobs losses last year after being compelled to stop work on the offshore contract. Oil firm S
CNOOC Limited announced today that Bozhong (BZ) 19-4 (shallow formation) oil field in the Bohai Bay has commenced production recently. This oil field is located in the southwest part of Bohai Bay. With an averaged water depth of about 21 meters, the field is approximately 7 kilometers northwest of B
Subsea 7 Inc , one of the world’s leading subsea engineering and construction companies, announced today that it has been awarded a contract in the UK sector of the North Sea valued in excess of US $100 million. The Subsea 7 work scope is to engineer, fabricate, install and commission a pipeline bun
Interpetroleum Services has awarded Prosafe a bareboat contract for Safe Lancia operating for Pemex offshore Mexico. The contract commences on 19 August and ends on 31 December 2012. Total value of the contract linked to the award is about USD 57 million. Prosafe is the world’s leading owner and ope
Rising oil prices and heightened exploration & production activity are drawing more Indian shipping companies to invest in the offshore… [mappress] Source: Financial Express, August 9, 2010:
BP today provided an update on developments in the response to the MC252 oil well incident in the Gulf of Mexico. Subsea Source Control The MC252 well has been shut-in since July 15; there is currently no oil flowing into the Gulf. BP continues to work with the guidance and approval of the National
AWE Limited advises that at 0600 hours today the Tuatara-1 well was drilling ahead at a measured depth of 982 metres. Intermittent gas shows have been encountered in the well over the drilled interval between 780 and 900 metres. The significance of these shows will be fully assessed by wireline logs
BP appoints Mike Utsler as BP’s lead representative in the Unified Area Command (UAC) and as chief operating officer for the BP Gulf Coast Restoration Organization. Utsler, who has served as BP’s commander in the Houma incident command post since April, replaces Doug Suttles, who has led BP’s overal
Abanaki Corporation, the world leader in oil skimming and coolant maintenance products, announced the second-edition of its Solutions Sourcebook for oil skimming applications. The newly expanded 43-page handbook offers application notes and photos of 40 real-world implementations of oil skimming. Ab
