Northern Offshore UK, a subsidiary of Northern Offshore, which is engaged in the provision of offshore contract drilling equipment and operating services for offshore oil and gas operators, has received a contract from Perenco UK, for the jackup Energy Enhancer. The contract is for a one-well progra
Crews searched by air and water for 11 workers still missing from the Deepwater Horizon, though one relative said family members have been told it’s unlikely anyone survived Tuesday night’s blast. Supply vessels had been shooting water into the rig try to control the flames enough to keep it afloat,
Nine major oil rig fires have killed at least two people and seriously injured 12 since 2006 in the Gulf of Mexico, a lonely, high-risk… Source: Houston Chronicle ,April 22, 2010
Somali pirates were responsible for 35 of the 67 piracy incidents reported worldwide during the first quarter of the year, said a report by the ICC International Maritime Bureau (IMB). The number of incidents represents a sharp drop from the 102 attacks reported during the first quarter of last year
At approximately 10 p.m. (CST) Tuesday night, an explosion rocked Transocean’s Deepwater Horizon semisubmersible drilling rig in the U.S. Gulf of Mexico. According to the U.S. Coast Guard, the search continues for 11 workers still missing following what could be one of the nation’s deadliest offshor
Oil production in Latin American countries outside of the OPEC cartel and Mexico should average 4.66Mb/d in 2010, an increase from the 4.61Mb/d previously forecasted, OPEC said in its April oil market report. Argentine oil supply experienced an upward revision of 10,000b/d due to healthy production
Integrated offshore oilfield services provider Great Offshore on Tuesday reported a marginal growth of 2.38 per cent in net profit to Rs 73.05 crore for the fourth quarter ended March 2010. The company had a net profit of Rs 71.35 crore in the same period of the pre-vious financial year. Total incom
Seadrill today took delivery of the new deepwater semisubmersible drilling rig West Orion from the Jurong Shipyard in Singapore. The unit was delivered on budget and 10 days ahead of original delivery schedule. The drilling rig will leave Singapore tomorrow, en route to its first six-year drilling a
Transocean, the world’s largest offshore drilling contractor, has announced that its shares will begin trading on SIX Swiss Exchange (SIX) under the symbol (RIGN). Transocean’s shares also trade on the New York Stock Exchange under the symbol (RIG). “With our company headquarters located in Switzerl
Transocean Ltd. today reported a fire onboard its semisubmersible drilling rig Deepwater Horizon. The incident occurred April 20, 2010 at approximately 10:00 p.m. central time in the United States Gulf of Mexico. The rig was located approximately 41 miles offshore Louisiana on Mississippi Canyon blo
Mitsubishi Heavy Industries (MHI) has completed a new development related to floating production, storage and offloading units for liquefied natural gas (LNG-FPSO). Mitsubishi has obtained two kinds of approval in principle (AIP) from major international ship classification societies. In tandem with
Tsakos Energy Navigation is reportedly close to signing a contract worth US$620 million for a new ultra-deepwater drillship, to be built at a South Korean yard. The order will be placed on condition that Tsakos firms up a five-year time-charter with a national oil company. The vessel to be ordered w
Oil services company Spectrum said it has started the fourth phase of its seismic programme in the eastern Gulf of Mexico. The statement comes after the USA announced its Gulf of Mexico lease proposals, which called for the exploration and development of new offshore areas including the resource-ric
Aker Solutions has signed a frame agreement with Petrobras to supply 40 subsea trees for the Iara and Guará fields, located… [mappress] Source: Euroinvestor,April 20, 2010;