Ensco plc has reported a loss of $5.07 per diluted share in the second quarter 2014 compared to earnings of $1.55 per diluted share in the second quarter 2013. The loss from discontinued operations for second quarter 2014, which includes a $546 million pre-tax loss on impairment for four floaters th
The Government of the Republic of Cyprus and representatives of the JV Eni/KOGAS have signed a Memorandum of Understanding. This preliminary agreement is aimed at investigating areas of cooperation related to Cyprus potential gas resources valorization, with priority to the onshore LNG option. Eni i
Enterprise Products Partners L.P. and Genesis Energy, L.P. have announced that their jointly owned crude oil gathering pipeline serving the Lucius production area in southern Keathley Canyon in the Gulf of Mexico is now mechanically complete and began earning revenues July 1, 2014. Constructed and o
BAM International and its South African joint-venture partner Stefanutti Stocks have driven the first pile for the construction of the petroleum jetty at the Kissy Oil Terminal of Freetown in Sierra Leone. BAM and Stefanutti Stocks were awarded the contract or the engineering, procurement and constr
Japanese companies Hiroshima Gas and Osaka Gas signed a 15-year sale and purchase agreement for 50 000-130 000 mt/year of LNG starting 2016. Both utilities agreed that a portion of LNG purchased by Osaka Gas will be delivered ex-ship to Hiroshima gas until March 2031. “We believe the expansion of pr
Atlantic Offshore has reported that Ocean Marlin Emergency Response & Rescue Vessel has been delivered from Zamakona yard in San Sebastian, Spain.
The Bureau of Ocean Energy Management (BOEM) has announced that it is extending the public comment period for the Request for Information (RFI) and Comments on the Preparation of the 2017-2022 Leasing Program. The RFI was released in mid-June as the initial step in the multi-year offshore oil and ga
ASV Ltd and Planet Ocean Ltd have signed a Technology Partnering Agreement which sees Planet Ocean as the ASV technology partner for marine science applications to provide turnkey solutions for the marine science sector. Initially focussing on ASV’s C-Enduro, a long endurance autonomous surface vehi
Mexico’s Cotemar has awarded a contract extension for the Safe Hibernia accommodation rig through to 23 December 2014 with unchanged day rate. The contract value of the extension is USD 7.9 million. The rig provides accommodation services to Mexico’s state-run oil company, PEMEX. The Safe Hibernia,
The Government of the Republic of Cyprus and representatives of the JV Eni/KOGAS have signed a Memorandum of Understanding (MoU). This preliminary agreement is aimed at investigating areas of cooperation related to Cyprus potential gas resources valorization, with priority to the onshore LNG option.
Northern Offshore, Ltd. has announced that the company has finalized a 2 ½ year contract with Rosneft Oil Company, in conjunction with North Atlantic Drilling Ltd., for the provision of the jack-up drilling rig Energy Endeavour. According to the agreement, any break rights expire after 100 days, aft
Golden Pass Products has awarded a front-end engineering and design (FEED) services contract for its proposed natural gas liquefaction and export project in Sabine Pass, Texas to Chiyoda Corporation. Also participating in the development of the FEED services will be Chiyoda’s partner CB&I. During th
SeaBird Exploration Plc (“SeaBird”) announces that Aquila Explorer has received a letter of award for a 2D seismic survey in Australasia. The survey will cover a minimum of 10,000 km and will have an estimated value of approximately USD 11 million. The project is expected to start in Q4 2014 and wil
The Norwegian Petroleum Directorate has granted Det norske oljeselskap ASA a drilling permit for wellbore 34/7-36 S, in the Norwegian North Sea. Wellbore 34/7-36 S will be drilled from the Borgland Dolphin semi-submersible drilling rig after completing drilling of wildcat well 31/10-1 for Tullow Oil
