BP today provided an update on developments in the response to the MC252 oil well incident in the Gulf of Mexico. Subsea Source Control The MC252 well has been shut-in since July 15; there is currently no oil flowing into the Gulf. BP continues to work with the guidance and approval of the National
AWE Limited advises that at 0600 hours today the Tuatara-1 well was drilling ahead at a measured depth of 982 metres. Intermittent gas shows have been encountered in the well over the drilled interval between 780 and 900 metres. The significance of these shows will be fully assessed by wireline logs
Construction companies compete to dredge, excavate channel entrance.The Panama Canal Authority said it received three bids on Aug. 6 from… by Peter T (joc) [mappress] Source: joc, August 9, 2010;
BP today completed cementing operations at the MC252 well at 14:15 CDT, as part of the static kill procedure. Monitoring of the well is underway in order to confirm the effectiveness of the procedure. Operating with the guidance and approval of the National Incident Commander and government official
U.S. Army Corps of Engineers seek bidders for maintenance dredging works. The contract consists of maintenance dredging of the Delaware River, Philadelphia to the Sea. Contract may include a base contract and one option. Base work shall include dredging of Marcus Hook, Deepwater Point Ranges and New
Norwegian Energy Company ASA today presents its second quarter 2010 results, with EBITDA of NOK 269 million, 59% higher than in previous quarter, and a net result of NOK -6 million, compared with NOK -21 million. Q2 results Oil and gas production was 13,125 barrels of oil equivalents (boe) per day,
BP has received authorization from the National Incident Commander (NIC) to conduct cementing operations on the MC252 well as part of the static kill procedure. Pumping operations are expected to begin Thursday, August 5th. All operations are being carried out with the guidance and approval of the N
AWE Limited advises that at 0600 hours today the Tuatara-1 well was at a measured depth of 773 metres after running and cementing 13-3/8” casing and landing the BOP’s in preparation for drilling ahead in 12-1/4” hole. Progress for the week was 613 metres. Tuatara-1 is located in PEP 38524, in the we
Brazilian port logistics company Wilson, Sons will focus its capital expenditure on expanding its fleet and shipyards over the next few… By Daniel Bland (Business News Americas) [mappress] Source: bnamericas, July 29, 2010:
The C-NLOPB that Husky Oil Operations Limited’s White Rose Development Plan Amendment, West White Rose Pilot Scheme, has been approved. The proposed pilot scheme is an amendment to the existing White Rose Development Plan (Decision 2001.01). The objective of the pilot scheme is to obtain additional
More than 40 international and local construction firms are preparing to bid for a contract to build a major General Cargo and Liquid Termin… (zawya) [mappress] Source: zawya, August 04, 2010;
Marathon Oil Corporation today reported second quarter 2010 net income of $709 million, or $1.00 per diluted share. Net income in the second quarter of 2009 was $413 million, or $0.58 per diluted share. For the second quarter of 2010, net income adjusted for special items was $792 million, or $1.11
Foster Wheeler AG announced today that its Global Engineering and Construction Group has been awarded an owner’s engineer contract for a new LNG receiving terminal (the “GNL Del Plata” facility) to be built in Montevideo, in the region of Río de la Plata, Uruguay. The contract was awarded by Uruguay
Singapore, August 3, 2010 : Sembcorp Marine achieved a 28% increase in net profit to $176.1 million from $138.1 million in 2Q 2009. Group turnover at $1,097.9 million was 27% lower as compared with $1,497.6 million for the corresponding period in 2009. Group operating profit at $202.3 million was 21