![USA: Atwood Oceanics, Inc. Announces Departure of Executive Officer]()
ATWOOD OCEANICS, INC., a Houston-based international drilling contractor (the “Company”), announced today that Mr. Alan Quintero, Senior Vice President – Operations, resigned from the Company on November 24, 2010 with effect as of close of business November 30, 2010 to pursue other career interests. Mr. Quintero has been with Atwood since 1993 and has served [...]
![Falkland Islands: Dryships Signs Drilling Contract Worth $77 million]()
November 29, 2010 – DryShips Inc. (the “Company” or “DryShips”), a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, announced today that its fully-owned subsidiary Ocean Rig UDW Inc has signed definitive documentation following the previously announced Letter of Award. The contract signed with Borders & Southern Petroleum [...]
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Read More » ![Bermuda: Seadrill Generates 3rd quarter 2010 EBITDA of US$560 million]()
Seadrill reports third quarter 2010 results: Highlights * Seadrill generates third quarter 2010 EBITDA of US$560 million * Seadrill reports third quarter 2010 net income of US$358 million and earnings per share of US$0.85 * Two ultra-deepwater and one jack-up newbuilds commence operations * Seadrill completes acquisition of Scorpion Offshore Limited * Seadrill increases quarterly [...]
![Faroe Petroleum Secures Rig for Clapton Prospect Off Norway]()
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, is announces that it has signed a rig contract securing the Maersk Guardian jack-up rig (photo) to drill the Clapton prospect in late 2011 or early 2012. Earlier this month, [...]
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Read More » ![A/S Norske Shell Drills Duster in Licence 392 Offshore Norway]()
A/S Norske Shell, operator of production licence 392, is in the process of completing the drilling of wildcat well 6603/5-1 S (Dalsnuten). The well has been drilled about 50 km northeast of the 6603/12-1 (Gro) gas discovery in the Norwegian Sea, and about 410 km west of Sandnessjøen. The objective of the well was to [...]
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Read More » ![Canada: Husky Energy Announces Major Strategic Growth Initiatives]()
Husky Energy Inc.announced today several cornerstone strategic initiatives intended to accelerate near-term production and reserve growth and to secure its medium and long-term growth opportunities. At the same time, the Company announced key elements of its financing plan, which is directed towards retaining its investment grade financial profile. “The initiatives announced today represent the culmination [...]
![Australia: Tap Looking Forward to Commencing the High-impact Zola-1 Well]()
Tap Oil Limited (“Tap”) is pleased to advise that the Operator of WA-290-P, Apache Northwest Pty Ltd (“Apache”) has advised that the Stena Clyde semi-submersible drilling rig is currently running anchors at the Zola-1 drilling location and the well is expected to spud in the next 24 hours. Once commenced, drilling of Zola-1 is planned [...]
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Read More » ![The Netherlands: IHC Engineering Business and SAS to Deliver Lay System to McDermott International]()
The SURF (subsea umbilical riser and flowline) installation market is expanding and pushing into ever-deeper waters. At the same time IHC Engineering Business (IHC EB) has seen a dramatic expansion of its range of pipe and cable lay systems, with a number of large scale projects delivered, or ongoing. A 300-tonne system will shortly be [...]
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Read More » ![Norway: Bergen Group Confirms Contract for Rebuilding of Seismic Vessel]()
Reference is made to earlier announced LOI for rebuilding of the seismic vessel “Geowave Master” with a total estimated value of NOK 160 – 170 million(Approximately USD $ 24 million). Bergen Group has, through its subsidiary Bergen Group Halsnøy AS, now signed a final contract for this rebuilding. The scope in the contract has the [...]
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Read More » ![TGS Expands 2D Seismic Data in the Sundaland Margin, Offshore Indonesia]()
TGS announces a second 2D seismic survey offshore Indonesia Southwest Sumatra (SMi10) in the forearc basin along the Sundaland Margin. The survey will add 2,700 km of new 2D data to infill the existing 6,900 km of multi-client data acquired in 2009. The previous seismic in the area has revealed a thick sequence of potential [...]
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