Bergen-based specialist subsea service company DOF Subsea Norway AS has been awarded a Diverless Marine and Subsea Services Frame Agreement by ConocoPhillips Skandinavia AS. The 1-year Frame Agreement includes additional 2 x 2 yearly options and covers a broad spectrum of subsea services including p
Valiant Petroleum plc announced that the John Shaw semi-submersible rig has now arrived on location and has begun drilling operations on the Don Southwest (Valiant, 40.0%) as part of the second phase of field development. The second phase of development on Don Southwest is focused on targeting reser
Atlantic Petroleum today announced its results for the first three months 2010. This company announcement should be read in conjunction with Atlantic Petroleum’s Interim Consolidated Financial Statement attached to this announcement. Sigurð í Jákupsstovu, Atlantic Petroleum’s CEO, stated: “We are pl
Anadarko Petroleum, which owns a stake in BP’s leaking Gulf of Mexico well, got government permission to drill at another deep-water… [mappress] Source: journalgazette, May 21, 2010;
The agency that regulates oil drilling off the coast of Newfoundland has put a hold on Chevron Canada’s deepsea drilling project until… [mappress] Source: edmontonjournal, May 21, 2010;
Cooper Energy announced that the Ensco 105 has spud the Fuchsia-1 well in the Gulf of Hammamet, Tunisia. The plan for Fuchsia-1 is to drill to total depth and evaluate the Birsa Formation sandstones by logs. In the event of a discovery, the logging program is expected to provide the necessary inform
US officials have given BP 24 hours to adopt a less toxic dispersant to break up the Gulf of Mexico oil slick amid concerns about spewing… [mappress] Source: adelaidenow, May 21, 2010;
Hyperdynamics Corporation announced it has received payment of $19.6 million in cash from Aberdeen-based Dana Petroleum plc for a previously announced 23 percent participating interest in Hyperdynamics’ oil and gas concession offshore the Republic of Guinea. The payment follows the receipt of final
To coincide with the launch of their new corporate website, Masteel UK Limited is offering a comprehensive range of structural steel grades suitable for the offshore industry. Used in the construction of offshore steel platforms and structures, offshore steel s need to offer good tensile and yield s
Technip has been awarded a contract by Eni for the Kitan field development project. This field is located in approximately 350 meters of water, in an area of the Timor Sea jointly administered by Timor-Leste and Australia, 500 kilometers off the Australian coast and about 250 kilometers south of the
J P Kenny, a subsidiary of Wood Group, is to carry out front end engineering design (FEED) for the subsea development of Apache’s largest-ever gas project, the Julimar Development Project in the Carnarvon basin, offshore Western Australia. Apache, one of Australia’s most active offshore oil & gas ex
Schlumberger today inaugurated a new technology facility in Norway. Terje Riis-Johansen, Minister of Petroleum and Energy for Norway, and Andrew Gould, chairman and chief executive officer of Schlumberger, officiated at the opening ceremony attended by more than 80 guests drawn from oil companies, u
Tidewater Inc. announced today fourth quarter net earnings for the period ended March 31, 2010, of $56.9 million, or $1.10 per share, on revenues of $260.0 million. For the same quarter last year, net earnings were $109.7 million, or $2.13 per share, on revenues of $341.6 million. For fiscal year en
Ruukki has signed an agreement with Aker Solutions of Norway to supply 24 suction anchors in September 2010 from its Kalajoki unit in Finland. Ruukki has supplied also offshore steels for the same project. The suction anchors and offshore steel plates will be used in the Goliat field in the Barents