Chevron Corporation reported the company’s 2012 operational and social performance and future growth plans at its 2013 Annual Meeting of Stockholders. “Chevron’s 2012 results demonstrate that we have the people, portfolio and financial strength to deliver superior stockholder value,” said John Watso
Jasper Drilling’s drillship, the “Jasper Explorer” is undergoing repairs caused by an unplanned event which resulted in damage to the Top Drive and other related equipment. Repairs are expected to be completed within 30 days from this announcement. The direct cost of the repairs will be insignifican
Tullow Oil plc (Tullow) announces that the Calao-1X exploration well in the CI-103 licence offshore Côte d’Ivoire, where Tullow is operator and has a 30% carried interest, has encountered thin condensate/gas bearing reservoirs in an Upper Cretaceous deepwater channel system. The well is the second d
The Crown Estate and the University of Highlands and Islands have signed a ‘partnership agreement’ to work together to maximise the benefits to the people of the Highlands and Islands from the low carbon energy revolution in the area. The agreement reinforces initiatives already underway between the
Duma Energy Corp. (“Duma”), a growing U.S.-based oil and gas exploration and production company, has announced that it has received new 3D seismic data over its producing fields in Galveston Bay. This new data, which covers three of Duma’s fields in Galveston Bay, is part of a broader effort by seve
DOF Subsea Asia Pacific has secured two contracts with a total contract value of approximately USD 48 million. The contract awards utilise the Skandi Singapore and the Skandi Hercules as well as project management and engineering services to undertake activities including FPSO installation/ subsea s
Leighton Offshore has been awarded a contract for the replacement of floating hoses on the SPM system operated by Qatar Gas. Ras Laffan Terminal Operations, part of Qatargas Operating Company Ltd, operates and maintains two SPM CALM buoys approximately 54 Km offshore from Ras Laffan Industrial City,
On June 10th 2013, when doors open to the 10th edition of the annual Energy Ocean International Conference in Warwick, Rhode Island – global provider of underwater technology solutions, the MacArtney Group, will be displaying a full-scale section of a Medium Voltage Inline Termination on its exhibit
MMT´s founder Ola Oskarsson was one of the speakers during the Shipping Entrepreneur day at Lindholmens science park (Gothenburg, Sweden) on May 28th. Ola had been invited as he previously won the Entrepreneur of the Year in Sweden and later represent Sweden in Monte Carlo. His speech explained that
IQPC announces that Mr. Thyl Kint, CTO for BW Offshore is the latest C-level representative to provide a keynote address at the 14th Annual FPSO Congress, 17-18 September in Singapore. Speaking on the ‘Contemporary Commercial Reality of the FPSO Market’, Mr. Kint will discuss critical factors and ke
ION Geophysical Corporation announced that it has completed acquisition of over 11,500 km of new 2D seismic data on Australia’s northwest shelf. Known as WestraliaSPAN™, the survey area extends from the Exmouth Plateau to the Browse and Bonaparte Basins. The regional, long offset data will be depth
Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) announced that it has agreed to acquire a 50 percent interest in the Cidade de Itajai (Itajai) floating production, storage and offloading (FPSO) unit from Teekay Corporation (Teekay) for a purchase price of approximately $204 millio
Deep Down, Inc., an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today announced that Randolph W. Warner has joined its Board of Directors, effective May 28, 2013. Mr. Warner has joined the Board as an independen
On Sat., May 25, 2013, the R/V Atlantis has left Woods Hole carrying the newly upgraded submersible Alvin, marking a major milestone in the sub’s $41 million redesign. Both ship and sub are owned by the U.S. Navy and operated by the Woods Hole Oceanographic Institution (WHOI) for the benefit of the
