A 12-man crew was making final preparations Wednesday to take a 100-ton contraption on a journey to an oil leak site in the Gulf of Mexico in an unprecedented attempt to help funnel out oil spewing from the bottom of the sea about 50 miles off the Louisiana coast. The giant-concrete-and-steel box is
Transocean Ltd. reported net income attributable to controlling interest of $677 million, or $2.09 per diluted share, on revenues of $2.602 billion for the three months ended March 31, 2010. The results compare to net income attributable to controlling interest of $942 million, or $2.93 per diluted
Gov. Arnold Schwarzenegger says he will find another way to help close the state’s $20 billion budget deficit after the massive oil spill… [mappress] Source: AP, May 9, 2010;
Russian leaders are hoping that the launch of the country’s first major Caspian Sea offshore energy development project will re-invigorate.. [mappress] Source: eurasianet, May 9, 2010;
Subsea 7 Inc , one of the world’s leading subsea engineering and construction companies, today announced the establishment of a new Asia Pacific office in Kuala Lumpur, Malaysia and the appointment of 2 of its senior personnel to its Asia Pacific region. The Kuala Lumpur office will initially house
Keppel AmFELS Inc., the US wholly-owned subsidiary of Keppel Offshore & Marine Limited (Keppel O&M), has delivered the first of four EXL rigs to Rowan Drilling Company, Inc. (Rowan) safely, on time and within budget. The rig, christened Rowan EXL I at the yard last Saturday, is expected to be deploy
Baker Hughes has installed Centrilift XP™ enhanced run life electrical submersible pumping (ESP) systems in six vertical subsea boosting stations located on the seafloor at Shell’s Parque das Conchas (BC-10) Field in the Campos Basin offshore Brazil. The ESP systems at BC-10 – located approximately
Oil services firm OEG Offshore has announced several key appointments to head up the operations team at its Aberdeen base. The company – which specialises in the design, build and rental of cabins and cargo-carrying container units for the offshore oil and gas market – has recruited three new employ
Normand Ranger for Solstad Offshore is delivered from Ulstein Verft. Completion of the anchor handling vessel has been a challenging task but the shipyard delivers the project to the agreed terms within time. Ulstein Verft won the contract with GIEK and Sparebank 1 SR-Bank for completion of the anch
Bourbon Offshore Maritima, formerly Delba Maritima Navegacao, the BOURBON subsidiary inBrazil, has strengthened its position on the Brazilian market by signing contracts with Petrobras for 13 new vessels. The contracts cover: – 1 Bourbon Liberty 200, an 80-tonne traction AHTS (Anchor Handling Tug Su
Enterprise Products Partners L.P. and Anadarko Petroleum Corporation (NYSE:APC) today announced that they are recipients of the Distinguished Achievement Award presented by the Offshore Technology Conference for their groundbreaking Independence project in the ultra-deepwaters of the Gulf of Mexico.
A home-made 3,000-meter offshore oil drilling platform, owned by China National Offshore Oil Corporation (CNOOC), is expected to come on-stream in 2011, a spokesman with the China Petroleum Pavilion at the ongoing Shanghai Expo said during the weekend. According to the spokesman, the platform is the
Dockwise Ltd. today announces two major awards for transport and installation projects and for two routine marine infrastructure transport. Total revenues for the various commitments are expected to reach almost USD 65 million. Dockwise has agreed a letter of intent (LOI) with one of the oil majors
AMEC, the international engineering and project anagement company, has been selected by Chevron subsidiary Cabinda Gulf Oil Company Ltd (CABGOC) to perform front-end engineering design (FEED) for a significant portion of the Mafumeira Sul development project, offshore Cabinda Province, Angola. The c
