Ezra Holdings Limited (Ezra, the Group or 以斯拉控股), one of the world’s leading integrated support and marine services providers in the offshore oil & gas (O&G) sector, has strengthened its foothold in the African market by bagging a new contract worth up to US$80.0 million. This contract will see Ezra
Lundin Petroleum AB (“Lundin Petroleum”) will drill a new exploration well 16/1-14 in PL338. The well will target the Apollo structure, which is situated immediately to the south of the Draupne field in PL001B, and some 5 kms northwest of and down-dip from the Luno field located in PL338. The main o
Cobalt International Energy, Inc. (“Cobalt”) today announced that it had invoked the force majeure provision under the drilling contract with Diamond Offshore Company for the Ocean Monarch drilling rig. This rig was moored and ready to begin drilling operations at the location of our North Platte #1
The Bergen based company AllMaritim AS, has in co-operation with one of its main partners, NOFI Tromsø AS, entered into an agreement with BP USA for delivery of the reputable NOFI Buster technology. The systems will be implemented in the ongoing Gulf of Mexico oil spill response. In addition both co
Coastal Energy Company (the “Company” or “Coastal Energy”), an independent exploration and production company with assets in Thailand, announces the financial results for the quarter ended March 31, 2010. The functional and reporting currency of the Company is the United States dollar. First Quarter
East Muriah PSC Pearl Energy (East Muriah) Ltd (“Pearl”), as Operator of the East Muriah PSC in the East Java Basin has advised that the East Lengo-1 exploration well started drilling on May 28, 2010. AWE Limited (“AWE”) has elected not to participate in the East Lengo-1 exploration well and Pearl w
TANJUNG Offshore Bhd , an integrated oil and gas (O&G) service provider, is bidding for over 50 O&G services contracts worth a combined… [mappress] Source: btimes, June 1, 2010;
SBM Offshore N.V. is pleased to announce that one of its Affiliates and Queiroz Galvão Óleo e Gás S.A., have received a Letter Of Intent from PETROBRAS NETHERLANDS B.V.and PETROLEO BRASILEIRO S.A. – PETROBRAS as Operator of the Consortium BM-S-11, established by companies PETROBRAS (65%), BG E&P do
Orca Exploration Group Inc. (“Orca” or the “Company”) announces that it has signed an agreement with Petroceltic International plc (“Petroceltic”) to farm in on Petroceltic’s Central Adriatic B.R268.RG Permit offshore Italy. The farm-in commits Orca to fund 30% of the Elsa-2 appraisal well up to a m
BP today provided an update on developments in the response to the MC252 oil well incident in the Gulf of Mexico. This follows an announcement on May 29 to move to the next step in the subsea operations. Subsea Source Control and Containment Preparations are ongoing for deployment of the lower marin
John C.S. Lau, President & Chief Executive Officer of Husky Energy Inc., announced that oil production has been achieved from the North Amethyst field offshore Newfoundland & Labrador. Oil began flowing from the field on May 31. North Amethyst is the first satellite field development at Husky’s Whit
Royal Dutch Shell and its joint venture Shell Petroleum Development Company (SPDC) recently announced sweeping plans to clean up all areas of the Niger Delta where they operate, compensate local communities for past injuries, and institute a local stakeholders program that will contribute to lifting
Shell Petroleum Development Company (SPDC)and Caverton Helicopters Limited, an indigenous company, have sealed a N93.73 billion… [mappress] Source: businessdayonline, May 31, 2010;
The federal government is moving ahead with plans to grant new offshore oil-exploration licences in Canada’s Arctic, despite the U.S. government’s expanding freeze on offshore drilling in the wake of the Gulf Coast spill. Moreover, any company granted an exploration licence in Canada’s portion of th
