RAK Petroleum Public Company Limited, the oil and gas exploration and production company, today announced a net profit of AED 48.4 million (unaudited) for the quarter ended 30 June 2011 on turnover of AED 118.9 million, after equity accounting for its share of the profit reported by associate compan
John Holland today announced it has been awarded a marine subcontract worth in excess of $90 million which forms part of the works for GLNG’s proposed Curtis Island LNG facility. Under the subcontract, to be delivered for GLNG’s EPC contractor Bechtel Australia Pty Ltd, John Holland will design and
On Aug. 25, 2011, BP confirmed through a standard visual wellhead inspection that there is no release of oil from the Macondo well (MC252). In addition, BP also conducted a visual inspection of the Macondo relief well confirming the same result. Remotely Operated Vehicle (ROV) video inspection was c
South Hook Gas has signed a framework agreement with Trafigura for access to spare LNG import capacity at the South Hook Terminal. The company already delivers gas to ExxonMobil Gas Marketing Europe and has regasification services agreements with Total Gas & Power, ConocoPhillips and EGL. Rashid Al-
Royal Dutch Shell has defended its safety record following a leak of more than 200 tons of oil into the North Sea. Environmental groups … Reported by: Louis Makiello (The Epoch Times) [mappress] Source: The Epoch Times, August 26, 2011;
The sidetrack of the recent gas discovery at the Broder Tuck prospect in Licence 12/06 offshore Denmark has confirmed additional hydrocarbon column whilst sample analyses from the initial exploration well have indicated a higher than expected condensate content. Bo Askvik, President and CEO at PA Re
Electromagnetic Geoservices ASA announce that it has been awarded a contract worth USD 90 million by Petrobras to perform a range of electromagnetic (EM) surveys in frontier and mature basins offshore Brazil. Data acquisition will be performed using the vessel BOA Galatea and is expected to take app
Last Friday, Shell divers closed the relief valve from which oil had been seeping. No oil has been released from the flowline, or release valve, since that point. Continuous monitoring is being carried out to ensure that no releases have occurred. A reconnaissance flight on Tuesday evening reported
Gryphon field operator Maersk Oil has awarded TWMA a contract to handle and dispose of subsea structures and equipment damaged during the Gr… (engineerlive) [mappress] Source: engineerlive, August 25, 2011;
The French Energy Regulation Committee (CRE) on 11 July 2011 issued a set of rules, “Specifications of tender No. 2011/S 126-208873 on… By:Jacques Buhart & Nicolas Lafont (natlawreview) [mappress] Source: natlawreview, August 25, 2011
The French Energy Regulation Committee (CRE) on 11 July 2011 issued a set of rules, “Specifications of tender No. 2011/S 126-208873 on… By:Jacques Buhart & Nicolas Lafont (natlawreview) [mappress] Source: natlawreview, August 25, 2011
Daewoo Shipbuilding & Marine Engineering Co. said yesterday that it has won a $280 million deal to build a floating storage and regasificati… (joongangdaily) [mappress] Source: joongangdaily, August 25, 2011;
NOAA, Shell Exploration & Production, ConocoPhillips, and Statoil USA E&P Inc. signed an agreement to enhance collaboration on ocean, coastal and climate science for the Arctic. The agreement calls for sharing a number of scientific data sets for this largely frontier region, including weather and o
Heerema Marine Contractors (HMC) signed a contract with offshore pile driving specialist Menck for the construction of a 3500kN hydraulic underwater hammer. The new hammer, the MHU-3500S, will be the world’s biggest and heaviest. At 25 meters long and with a 192 ton ram delivering 3500 kJ of energy,
