BP today provided further details about the previously-announced new organization that will manage the company’s long-term response to the Deepwater Horizon incident and the MC252 oil and gas spill. Effective immediately, Bob Dudley has been appointed President and Chief Executive Officer of BP’s Gu
Polarcus Limited announced today that it has received a Letter of Intent from OMV (NORGE) AS for a 3D seismic acquisition project in the Norwegian sector of the Barents Sea. The project will be acquired by POLARCUS NAILA, the Company’s second 12 streamer 3D seismic vessel. The project will commence
Eni has successfully appraised the Jangkrik gas discovery in offshore Indonesia, in the Muara Bakau PSC, Kutei Basin, East Kalimantan. During the Jangkrik 2 production test, the well produced high quality gas at a tubing constrained rate of 17.5 MMscfd. The Jangkrik-2 appraisal well is located appro
Aberdeen-based subsea engineering business yesterday outlined plans for a significant expansion, with its workforce expected to more than… [mappress] Source: Businessscotsman, June 23, 2010:
Teekay Corporation today announced that it has signed an agreement with Petroleo Brasileiro SA (Petrobras) to extend the operating contract for Teekay’s Cidade de Rio das Ostras Floating Production Storage and Offloading (Rio das Ostras FPSO) unit through 2018. The Rio das Ostras FPSO, which has ope
Energy XXI has successfully installed and placed in service a bi-directional pipeline lateral between its Main Pass 61 and 73 fields offshore Louisiana, restoring more than 2,000 barrels of oil equivalent (BOE) per day of production that had been shut-in on April 6 by a rupture of the third-party-ow
A federal judge Tuesday struck down the Obama administration’s six-month moratorium on deep-water drilling in the Gulf of Mexico… Source: Seattletimes, June 23, 2010:
Master Marine AS announced that on June 11th the Company formally took delivery of the newbuild jack-up vessel L205 ( “Haven”) from Drydocks World, Graha Shipyard at Batam, Indonesia. The Jack-Up L205 is the first of two innovative jack-up construction vessels that the company ordered in 2007. This
Sembcorp Marine marked a major milestone in its growth and expansion strategy today with the ground-breaking of its Integrated New Yard Facility at Tuas View Extension. Representing Singapore’s first integrated yard facility, this landmark development will further reinforce Sembcorp Marine’s competi
Environmental activists say an oil spill off the coast of Egypt’s Red Sea, which has left turtles and sea birds covered in oil, is… [mappress] Source: Watoday, June 22, 2010;
The John-14 rig was transported without incident to the drilling site on the Ngaji (Silverback) prospect in May and June. The Ngaji location was chosen as it was deemed the best place to test the geology of the Lake Edward Basin in Uganda; specifically designed to identify elements of a working petr
Brazil’s state-run oil company announced Monday it will invest 224 billion US dollars through 2014 and double production by 2020. About … [mappress] Source: Mercopress, June 22, 2010;
The Increase in Oil Production in Nigeria Has Catapulted the Economy of Nigeria By 7. 23 Per Cent in the First Quarter of 2010. [mappress] Source: Dailyindependent, June 22, 2010;
Technip has been awarded a major four-year term agreement by BG Group for the provision of pre-FEED(1), FEED, full EPIC(2) and IRM(3) services in both the United Kingdom and Norwegian Continental Shelves. The agreement contains a provision to extend the contract with a further three one-year options
