Eni has signed a sale and purchase agreement with Chevron for a 25% interest in the LB 11, LB12 and LB14 blocks offshore Liberia. Blocks LB 11, LB12 and LB14 are operated by Chevron, extend over 9,560 square kilometres and are located on the shelf and continental slope of Liberia between 0 and 3,000
Global-leading energy production technology services company Proserv has secured two major contract wins worth in excess of £6 million, underpinning the company’s fast-evolving international footprint. The multi-million pound deals with two of the North Sea’s most foremost oil and gas operators will
Ophir Energy plc announces that the Papa-1 well has made the first Cretaceous gas discovery outboard of the Rufiji Delta in Block 3, offshore Tanzania and is the sixth consecutive discovery by Ophir offshore Tanzania. Nick Cooper, CEO of Ophir said: “Papa-1 was the sixth well, and sixth consecutive
Santos has signed up to use AGR’s Riserless Mud Recovery (RMR®) system. The contract is for one exploration well to be drilled in Q3 2012 in the Browse Basin off North West Australia. The main reason for using RMR® on this well is to be able to drill a deep 26” section with a closed […]
Endeavour International Corporation today announced production for the second quarter 2012 averaged approximately 6,400 barrels of oil equivalent per day (“boepd”) compared to 3,200 boepd in the same period last year. The Company also announced production from the second Bacchus well and commencemen
Airborne Oil & Gas has won a contract with Petronas, for the qualification of several offshore flowline systems. Petronas has selected Airborne’s Thermoplastic Composite Pipe concept to become one of their principal offshore flowline solutions for hydrocarbon production. Mr. Rosli Tompang, Senior Ma
Electromagnetic Geoservices ASA (EMGS) has signed a contract worth approximately USD 7 million with a major international oil company to provide 3D EM acquisition and processing services in the Asia Pacific region. Data acquisition will be performed from the vessel EM Leader and is expected to comme
Cal Dive International, Inc. reported a second quarter 2012 loss of $5.7 million, or $0.06 per diluted share. This compares to a loss of $5.0 million, or $0.05 per diluted share for second quarter 2011. The results for second quarter 2012 included an effective tax benefit rate of 38%, compared to a
FMC Technologies, Inc. announced the appointment of Richard Clark as its Treasurer, effective August 1, 2012. Clark will report to Maryann Seaman, Senior Vice President and Chief Financial Officer. “We are fortunate to have Richard’s 15 years of FMC Technologies experience and his understanding of o
Technip, in a consortium with National Petroleum Construction Company (NPCC), was awarded by Zakum Development Company (ZADCO) a lump sum engineering, procurement, fabrication, installation, commissioning and start-up contract for the Upper Zakum 750K Project in Abu Dhabi, United Arab Emirates. The
TGS reports net revenues of USD 215 million in Q2 2012, compared to USD 136 million in Q2 2011, a 58% increase. This is the highest quarterly revenues in the Company’s history. Investments were USD 162 million, up 162% from Q2 2011. 2nd QUARTER HIGHLIGHTS – Consolidated net revenues were USD 214.8 m
RCUK SSC Limited, on behalf of the British Geological Survey (BGS), announced tender for hydrographic services. BGS, a component Research Centre of the Natural Environment Research Council, has a requirement for a marine geophysical and geotechnical pre-rig move site survey in the Gulf of Mexico, ap
ABG Shipyard has launched ‘RV Sindhu Sadhana’, the first indigenously built vessel designed for the oceanographic research, at a ceremony held on Tuesday in Surat, the Indian state of Gujarat, the Times of India reports. The ship has been specially developed for the needs of the National Institute o
Nautilus Minerals is to raise approximately CAD$34 million through a private placement of common shares to assist with the continued funding of its Seafloor Production System. The placement will involve the issue of approximately 37.7 million shares to a number of investors at a price of CAD$0.90 pe
