Seadrill Limited (“Seadrill”) announces the acquisition of a further 9,071,948 shares in Scorpion Offshore Limited (“Scorpion”) on Friday, May 28, 2010 taking its total holding to 45,010,851 shares, representing 50.11 percent of the issued shares in Scorpion. The acquisition of the additional shares
The Netherlands has finally been asked to help clear up the oil spill in the Gulf of Mexico. Oil spill specialists Koseq have been… [mappress] Source: rnw, May 31, 2010;
The Green Party wants the oil drilling programme in New Zealand’s Great South Basin to be stopped, until the cause of the US oil catastrophe is identified. Party co-leader Russel Norman says the basin off the South Island’s south-east coast, is home to sensitive marine mammals and ecosystems that wo
The Prime Minister of East Timor, Xanana Gusmao, has vowed to make a historic stand against corporate giants that plunder the resources… [mappress] Source: smh, May 31, 2010;Shell
Kairiki Energy Limited announced that Nido Petroleum Limited , as Operator of Service Contract 54A (SC 54A), advise that first oil flowed to surface at 11:00am (Manila time) on 30 May 2010 from the Tindalo-1 well. This follows the conclusion of well completion operations on the Tindalo-1 oil well ea
Wärtsilä, the marine industry’s leading ship power systems integrator, has signed a contract to deliver a ship power system for a 38,000 tonnage semi-submersible heavy-lift vessel for Chinese customer Zhejiang Share-ever Business Co., Ltd. Wärtsilä’s solution was selected for its proven reliability,
BP started the “top kill” operations to stop the flow of oil from the MC252 well in the Gulf of Mexico at 1300 CDT on May 26, 2010. The procedure was intended to stem the flow of oil and gas and ultimately kill the well by injecting heavy drilling fluids through the blow-out preventer on […]
Aker Solutions has been awarded two contracts with Daewoo Shipbuilding & Marine Engineering Co Ltd (DSME) in South Korea for the delivery of two drilling equipment packages. The total contract value for Aker Solutions is approximately USD 180 million. “These two contracts affirm our position as a le
Reference is made to the conditional offer by Ensco to acquire shares in Scorpion Offshore Ltd that was disclosed on May 27 this year. The Board in Seadrill has decided not to accept Ensco’s conditional offer for the shares in Scorpion Offshore Ltd. Seadrill is currently considering if they should r
Shell is planning to go ahead with its 2010 exploration program in the Beaufort and Chukchi seas off northern Alaska, despite the unfolding oil-spill disaster in the Gulf of Mexico. In preparation for assembling its Arctic drilling fleet, Shell has started moving vessels and has mobilized every piec
Several Russian oil companies have applied for drilling licenses in the Barents-, Kara- and Pechora Seas. There are currently no operational offshore oil- and gas fields in the Russian Arctic Oceans, but the interest to start exploring the northern offshore fields appear to increase. Less ice due to
Deep Sea Supply yesterday took delivery of “Sea Marten”, a newbuilding AHTS from ABG Shipyard, India. “Sea Marten” is the 4th delivery in a series of 9 newbuilding AHTS vessels from ABG. As previously announced, the vessel will directly mobilize to Brazil and commence a 3 year time charter contract
Serica announced that the Conan exploration well 113/26b-3 has reached a total depth of 1,827 meters without encountering hydrocarbons. The Conan well was spudded on May 10. The target of the well was the gas potential of the Triassic age Sherwood Sandstone, which is the principal producing reservoi
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 Subsea efforts continue to focus on progressing steps to stop the flow of oil from the well through interventions via the failed Deepwater Horizon b
