Bayfield Starts Drilling Offshore Trinidad
The first well in Bayfield’s exploration and appraisal programme in the offshore Galeota Licence Area is expected to spud today (27 January 2012). The Rowan Gorilla III is already on location and jacked-up in preparation...
January 27 2012 / Read More »
Nigeria: Funiwa Well Still Burning, but at Lower Rate, Chevron Says
Chevron Nigeria Ltd. is finalizing plans to commence drilling two relief wells to control the burning Funiwa Deep 1A well, offshore Nigeria. The fire is still burning at the well, but at a diminished rate....
January 27 2012 / Read More »
Norway: Havila Nets Four Charter Deals
Havila Shipping has entered into an agreement with FugroTSM in Australia for a two year extension of the contract for the subsea vessel Havila Harmony. The extension will keep the vessel on contract until March...
January 27 2012 / Read More »
Hess Hires RXT for Seismic Survey in Equatorial Guinea
Reservoir Exploration Technology ASA (RXT) in November 2011 entered into LOI for 4D/4C seismic data in West Africa. Today the company confimed receiving a final contract award from Hess Equatorial Guinea, Inc. for an Ocean Bottom...
January 27 2012 / Read More »
Italy: Rosetti Marino Delivers 'Remarkable' PSV
On 7th January, approximately 12 months since building was commenced, Rosetti Marino, delivered the new Platform Supply Vessel “F.D. Remarkable” to Fratelli D’Amato. It is the 7th vessel of a 10-unit series – Rolls Royce...
January 27 2012 / Read More »
Australia: Woodside to Remain Browse LNG Project Operator
In regards to media speculation that Woodside is seeking to divest equity in the Browse LNG Development, Woodside released a statement in which it says that the company has not made any decision to reduce...
January 27 2012 / Read More »
UK: Fairstar Wins Golden Eagle Gig from Saipem
Fairstar Heavy Transport N.V. (FAIR) has been awarded two contracts by Saipem to provide marine transportation services for the Golden Eagle Project in the North Sea, offshore UK. The first voyage is scheduled in early...
January 27 2012 / Read More »
Mexico: Pemex Encounters 'Active Petroleum System'
Pemex’s offshore exploration well Puskon-1, situated approximately 60 kilometers off the coast of the city of Tuxpan, Veracruz, Mexico, has encountered an “active petroleum system”. The Mexican state-owned petroleum company said that the well confirmed...
January 26 2012 / Read More »USA: Outstanding Financial Year Behind Chevron, CEO Says
Chevron Corporation today reported earnings of $5.1 billion ($2.58 per share – diluted) for the fourth quarter 2011, compared with $5.3 billion ($2.64 per...
Jan 27 2012 / Read More »UK: Bluewater Sells Uisge Gorm FPSO to EnQuest
EnQuest’s option to purchase Bluewater’s FPSO Uisge Gorm has been exercised and the sale was completed on Wednesday 25th of January 2012. EnQuest will...
Jan 27 2012 / Read More »Expanding O&G Production is Key for U.S. Economy Growth, Salazar Says
The Obama administration yesterday announced that the Department of the Interior’s Bureau of Ocean Energy Management (BOEM) will hold the consolidated Central Gulf of...
Jan 27 2012 / Read More »Australia: DSME Contracts Technip for Wheatstone Platform Design
Technip Oceania (TPO), a Technip Group ) operating centre in Perth, Australia, has been awarded a contract, worth approximately AUD110 million (€90 million), by...
Jan 26 2012 / Read More »Ichthys: The Largest Subsea Gig for McDermott (Australia)
McDermott International, Inc. announced today that its Australian subsidiary has received and signed a letter of award for the Ichthys Gas-condensate Field Development subsea...
Jan 25 2012 / Read More »USA: Baker Hughes 2011 Revenue Hits USD 19.8 Billion
Baker Hughes Incorporated BHI -3.02% today announced adjusted net income (a non-GAAP measure) for the fourth quarter 2011 of $534 million, or $1.22 per...
Jan 24 2012 / Read More »UK: Enquest Buys Further into Kraken
EnQuest PLC (‘EnQuest’) today announces that it has agreed with Nautical Petroleum plc (‘Nautical’) to acquire a 25% interest in the Kraken oil...
Jan 24 2012 / Read More »Brazil: Gabrielli Steps Down as Petrobras' CEO
Brazil’s oil company Petrobras has confirmed the news published by the press claiming that the company’s CEO Mr. José Sérgio Gabrielli de Azevedo will...
Jan 24 2012 / Read More »Rig Still Burning Offshore Nigeria. Chevron to Drill Relief Well
Chevron Nigeria Ltd. (CNL) is finalizing plans to commence drilling a relief well to control the Funiwa Deep 1A well, a natural gas exploration...
Jan 24 2012 / Read More »Norway: Government Approves Statoil's Skuld Plans
The Norwegian Ministry of Petroleum and Energy today, 20 January, approved Statoil’s plan for development and operation (PDO) of Skuld, a fast-track development tied...
Jan 20 2012 / Read More »
