China Sinochem Group Corp., China’s fourth-largest oil company in terms of assets, will bid in oil and gas exploration licensing round to be held by Colombia in June, a company official said. The state-run Sinochem, which is already active in the South American country following its acquisition of E
Jee, a pipeline, riser and subsea engineering firm, has been awarded a 3 year contract extension, with a further optional 2 years, for the integrity management of Perenco’s 1600km of pipelines and umbilicals in the southern North Sea. This contract is part of Jee’s ongoing relationship with Perenco
Dragon Oil plc , an international oil and gas exploration and production company, today announces further details regarding two contracts awarded for the construction of two new platforms in its Cheleken Contract Area, located in the Caspian Sea, off-shore Turkmenistan. The first contract was awarde
Farstad Supply AS, a wholly owned company of Farstad Shipping ASA, has sold the platform supply vessel “Far Viscount”. The vessel, the smallest in the Farstad-fleet, is built in 1982 and has been idle in Brazil since last autumn. Delivery of the vessel to the new owner took place Tuesday 11 May. The
At the start of May the drilling rigs and operating services provider, Northern Offshore, which has offices in Aberdeen, secured a $120… [mappress] Source: TheScotsman, May 12, 2010;
Marcon International in the US has announced the delivery of two new DP1, 5,150 bhp, 1,350 tonnes deadweight anchor handling tug supply vessels to Nigerian buyers. Opu Tamuno 1 and Ibi Teme were constructed at Zhanjiang Haibin Shipyard in China. Initially the units were commissioned on speculation b
Pro-Dive Marine Services in Canada has taken delivery of a Cougar-XT ROV from Saab Seaeye. David Squires, president of Newfoundland-based Pro-Dive, says the Cougar-XT will bring an important inspection and electric work ROV resource to Canada’s East Coast oil and gas sectors. It makes an important a
Iran plans to increase the production at the South Pars gas field to 9.4 billion cubic feet per day, executives said during talks with… [mappress] Source: UPI, May 12, 2010;
After a rapidly freezing mix of natural gas and water derailed attempts to place a big underwater dome on top of a deepwater well leaking… [mappress] Source: nypost, May 12, 2010;
ILX Group plc, the best practice training company, today announced that it has won a major global contract to help KCA DEUTAG, a major international drilling contractor, to deliver project management training across 22 countries. ILX will host a secure e-learning platform to deliver both the APM Int
Bontan Corporation Inc. announced that it has closed its previously announced non brokered private placement financing, pursuant to which it has issued 37,750,000 Units at a price of US$0.20 per Unit to raise aggregate gross proceeds of US$7,550,000. Each Unit consists of one common share of the Com
Salamander Energy has successfully completed Phase IV of development drilling on the Bualuang oil field, Block B8/38, offshore Gulf of Thailand. The Vantage Emerald Driller jackup rig arrived on location on March 26, 2010, for a drilling program at Bualuang that comprised the side-track of three exi
Det norske oljeselskap ASA has discovered more oil in Draupne. The oil discovery ranks as one of the largest on the Norwegian shelf in recent years and a fast development is likely. A combined development of Draupne and the two neighbouring discoveries Hanz and West Cable holds total estimated recov
Serica Energy announces that on Monday 10th May it commenced drilling the Conan exploration well in Block 113/26b in the East Irish Sea. The well will be drilled by the Ensco 80 jack-up drilling rig to a depth of approximately 5,000 feet and is anticipated to take approximately 24 days to drill. Con
