While the oil spill in the Gulf of Mexico continues to wreak havoc and make headlines, Newfoundland and Labrador’s offshore oil industry… [mappress] Source: QMIagency,July 12, 2010;
State-owned Chinese oil producer Sinopec said Monday its Addax subsidiary has struck oil offshore Nigeria after the unit was acquired last… [mappress] Source: AP, July 12, 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 and Containment Following approval from the National Incident Commander, BP this past weekend began replacing the existing lower marine riser package (LMRP) contain
After nearly two years of engineering, procurement, and project preparations, Dockwise has completed the first of two float-overs for the Vyborg Project in Korea. The Vyborg Project with total revenues of approximately USD 100 million is big in scope. And size: It involves moving two 15,000 metric t
The Clair Ridge Joint Venture has awarded Aker Solutions an EPC-contract for delivery of two steel jackets, which will be located west of Shetland. “Jacket structures is the core business for our yard in Verdal and I am pleased to see that we have won such a huge and important contract in an interna
ADX Energy Ltd announces that on the 11th of July 2010 at 11.40 am GMT the Atwood Southern Cross semisubmersible drilling rig spudded the Lambouka-1 well in the ADX operated Kerkouane license in the Sicily Channel area offshore Tunisia. Current operations are drilling a 36 inch surface hole to casin
Faroe Petroleum, the independent oil and gas company focusing on exploration, production, appraisal and undeveloped field opportunities in the Atlantic Margin, North Sea and Norway, announced that Hanne Harlem (age 45) has been appointed to the Board as an Independent Non-Executive Director, effecti
The Petroleum Safety Authority Norway (PSA) has granted Statoil Petroleum AS (Statoil) consent to conduct exploration drilling in production licence 269 with the mobile drilling facility Transocean Leader. The consent applies to drilling wildcat well 35/1-2 S in production licence 296 in the North S
Diamond Offshore Drilling, Inc. today announced that a subsidiary of the Company has entered into a term contract ending June 30, 2011, plus option, with Burullus Gas Company S.A.E. that will immediately mobilize the Ocean Endeavor from the Gulf Of Mexico (GOM) to Egypt. Diamond Offshore President a
The UK’s Oil Spill Prevention and Response Advisory Group (OSPRAG) yesterday gave approval to its Technical Review Group (TRG) to proceed with an engineering study to develop new design concepts for well capping and containment. The project forms part of the UK offshore oil and gas industry’s compre
Subsea operational update: • For the first 12 hours on July 8 (midnight to noon), approximately 8,565 barrels of oil were collected and approximately 3,940 barrels of oil and 28.3 million cubic feet of natural gas were flared. • On July 7, total oil recovered was approx. 24,575 barrels: • approx. 16
Seismic research vessel ‘Oceanic Vega’ from Ulstein has been nominated as ‘Ship of the Year 2010’ by the magazine Skipsrevyen. “Once again, the jury is pleased about several exciting and innovative designs. The decision will be taken in about three weeks”, said juror Asle Strønen. The winner will be
British company Red7Marine has become the owner of Damen’s new Stan Tug 1205, the first in a new ship series, which was only just unveiled to the market. Damen had decided to show its new tug series at the Seawork Show held in Southampton in mid-June. But already on the second day of the internation
Aker Solutions has won a contract to supply a further 2 500 feet riser extension to the Dragonquest (formerly Titanium Explorer) rig, which is owned by Valenica Drilling and managed by Vantage Drilling Company. The contract value is approximately NOK 90 million, including both riser joints and buoya
