Top Stories Malaysia: Inertek’s New Facility to Service E&P Sector in the Region

Malaysia: Inertek’s New Facility to Service E&P Sector in the Region

Intertek has invested £900,000  in a new Malaysian regional centre which will bring enhanced services to the exploration and production (E&P) sector in the region. Based in Kuala Lumpur, the facility boasts two laboratories and...

May 17 2013 / Read More »
Seadrill Completes Tender Rig Sale

Seadrill Completes Tender Rig Sale

  Seadrill Limited  has today completed the transaction to sell the T-15 tender rig to Seadrill Partners. The agreed upon sale is for a total price of US$210 million, less approximately US$100 million of debt...

May 17 2013 / Read More »
Black Elk Energy Informs of Drilling Success in U.S. GoM

Black Elk Energy Informs of Drilling Success in U.S. GoM

Black Elk Energy Offshore Operations, LLC an independent oil and gas company headquartered in Houston, announced has the successful completion of 3 wells to kick-off their 2013 drilling program in the Gulf of Mexico. The...

May 17 2013 / Read More »
Maersk Drilling Profit Rises on Higher Operational Uptime

Maersk Drilling Profit Rises on Higher Operational Uptime

Denmark’s offshore drilling contractor Maersk Drilling made a profit of USD 146m in the first quarter of 2013, an increase from USD 123m earned in the same period of 2012. The increase in profit was mainly due...

May 17 2013 / Read More »
Lamprell: 1Q in Line with Expectations

Lamprell: 1Q in Line with Expectations

Lamprell, a provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, has issued its latest Interim Management Statement in accordance with the EU Transparency Directive....

May 17 2013 / Read More »
Hess, Elliott Resolve Proxy Contest (USA)

Hess, Elliott Resolve Proxy Contest (USA)

Hess Corporation, a New York-based oil and gas exploration firm, has announced that it has reached an agreement with Elliott Management to resolve its proxy contest. Under the terms of the agreement, Elliott will withdraw...

May 17 2013 / Read More »
Rosneft, Petrovietnam to Expand Cooperation

Rosneft, Petrovietnam to Expand Cooperation

OJSC Oil Company Rosneft (Rosneft) and Vietnam Oil and Gas Corporation “PetroVietnam” (PetroVietnam) have signed a Memorandum of Understanding (MOU) in Sochi to strengthen cooperation between the two oil and gas companies. The MOU –...

May 17 2013 / Read More »
Well Interventions Boost Yolla A Production (Australia)

Well Interventions Boost Yolla A Production (Australia)

AWE Limited has been advised by the Operator, Origin Energy, that the Yolla-A platform, located it the Bass Strait, offshore southern Australia, has achieved significant production improvement as a result of successful well interventions and is currently...

May 17 2013 / Read More »
Headlines

Indonesia Puts 21 Exploration Blocks on Offer

Indonesian government today, May 17, launched a licensing round for 21 oil and gas exploration blocks, in an effort to improve chances of increasing the...

May 17 2013 / Read More »

Petrobras Nets 34 Exploration Blocks Offered in 11th Licensing Round (Brazil)

Brazil’s state run oil and gas company Petrobras has acquired the most blocks offered in the 11th Bid Round held by the National Petroleum...

May 17 2013 / Read More »

Noble Energy Strikes Gas at Karish Well (Israel)

Noble Energy has encountered ‘significant traces of natural gas’ at its Karish prospect, in the Mediterranean sea, offshore Israel. The well, located in the Alon...

May 16 2013 / Read More »

Keppel Delivers Laurus Jack-Up Rig to Oro Negro (Mexico)

Keppel FELS has delivered a second KFELS B Class jackup rig to offshore Mexican oil field services company, Integradora de Servicios Petroleros Oro Negro...

May 16 2013 / Read More »

10 Exploration Licenses for Total in Brazil

French oil major Total announces that it has been awarded 10 new exploration licenses during Brazil’s 11th bid round. Total will be the operator...

May 16 2013 / Read More »

Transocean Secures Aussie Job for Deepwater Millennium Drillship

Transocean, a Switzerland-based offshore drilling contractor, has revealed it has secured a two-year drilling contract for one of its drillships. The drillship, known as...

May 16 2013 / Read More »

BP, Partners Winning Bidders for 8 Deepwater Blocks in Brazil

BP and partners Total, Petrobras and Petrogal were yesterday named winning bidders for eight deepwater blocks offshore Brazil in the Brazilian National Petroleum Agency’s...

May 15 2013 / Read More »

9 Blocks for Galp in Brazilian 11th Bidding Round

Portugal’s oil and natural gas integrated operator Galp Energia participated on the first day of the 11th bidding round for exploratory blocks organized by the...

May 15 2013 / Read More »

Statoil Clinches Six New Licences Off Brazil

Statoil was the highest bidder on 6 licenses in the 11th Round, the first licensing round in Brazil since December 2008. With the new...

May 15 2013 / Read More »

Statoil Hires Noble’s Jack-Up Rig for Mariner Field in UK

Noble Corporation has been awarded a drilling contract by Statoil for a newbuild ultra-high specification jack-up for use in the United Kingdom sector of...

May 14 2013 / Read More »




Also in the News

EIB Finances Repsol R&D Plans with €200 Mln

EIB Finances Repsol R&D Plans with €200 Mln

The European Investment Bank (EIB) will finance Repsol’s research and development plan (R&D) with 200 million euros. The agreement between  the European institution and the company was signed this morning at Repsol’s headquarters. The EIB Vice-President, Magdalena Alvarez and Repsol’s Chairman, Antonio Brufau, signed an agreement by which the...

May 17 2013 / Read More »

Focal Marine & Offshore Wins PSV Design Orders (China)

Focal Marine & Offshore Wins PSV Design Orders (China)

Focal Marine & Offshore, a Singapore / Shanghai based OSV designer, has received a significant order for their 78m PSV (FOCAL 522) design, for up to 10 ships which are to be built in Xiamen Shipbuilding Industries in China. FOCAL 522 PSV design is with...

May 17 2013 / Read More »

CDC to Show Its Innovative Jack-Up Vessel at All Energy 2013

CDC to Show Its Innovative Jack-Up Vessel at All Energy 2013

Celtic Design Consultants are to exhibit at All Energy 2013 event in Aberdeen. They will be showing their innovative multi purpose jack up design. A working model of the design, named CDC Heron, and described as the ultimate offshore maintenance & intervention vessel for Oil...

May 17 2013 / Read More »

GSI Completes North Sea Decom Gigs with Helix and Dof Subsea

GSI Completes North Sea Decom Gigs with Helix and Dof Subsea

Gulfstream Services Inc (GSI), provider of cutting edge equipment to the international oil and gas industry, has successfully completed two six figure decommissioning contracts with major oil and gas service companies, Helix Well Ops UK and Dof Subsea. The Helix contract was part of the...

May 17 2013 / Read More »

Gazprom Hosts Meeting on South Stream Offshore Section (Russia)

Gazprom Hosts Meeting on South Stream Offshore Section (Russia)

The Gazprom headquarters hosted yesterday a working meeting between Alexey Miller Chairman of the Management Committee and Henning Voscherau, Chairman of South Stream Transport Board of Directors. The meeting participants discussed topics of the South Stream gas pipeline offshore section realization. In particular, the parties considered the current activities status and the procedures schedule stipulating...

May 17 2013 / Read More »

COSCO Heavy Transport Opens Rotterdam Office

COSCO Heavy Transport Opens Rotterdam Office

COSCO Shipping Europe B.V. held its official opening ceremony in its Rotterdam offices at Strevelsweg 700 on Tuesday the 14th of May 2013. COSCO Shipping Company’s CEO, Capt. Han Guomin, had specially flown in from Guangzhou to chair the event which was attended by clients...

May 17 2013 / Read More »

Northern Offshore 1Q Profit at $1.1 Mln

Northern Offshore 1Q Profit at $1.1 Mln

Northern Offshore,  a Bermuda-registered company providing drilling units to the international oil and gas industry, has reported net income for the three months ended March 31, 2013 of $1.1 million, or $0.01 per diluted share, on revenues of $41.4 million.  The company generated $9.8 million of...

May 16 2013 / Read More »

Atlantic Offshore: ‘Ocean Troll’ is UK’s Most Powerful EERV

Atlantic Offshore: ‘Ocean Troll’ is UK’s Most Powerful EERV

Aberdeen-based standby vessel operator Atlantic Offshore Rescue has commissioned what will be the UK’s most powerful emergency response and rescue vessel (ERRV). The Ocean Troll – which recently completed a long term charter with Statoil – has undergone a £2million conversion and overhaul at MMS...

May 16 2013 / Read More »

DSME Orders Kongsberg Equipment for Transocean Drillships

DSME Orders Kongsberg Equipment for Transocean Drillships

Norway’s KONGSBERG has been awarded a significant offshore automation contract with South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME). The contract covers deliveries to four Transocean owned new-build drillships, with an option for KONGSBERG to deliver products and services for six more drill ships.   “We call this a ‘Full...

May 16 2013 / Read More »
Popular articles

Shell: Meet People Behind Prelude FLNG Project (VIDEO)

Shell: Meet People Behind Prelude FLNG Project (VIDEO)

In the following video, published by Shell on its YouTube channel, meet the team working on Prelude FLNG as they take you behind the scenes at this mega project. Earlier today, Shell has announced that the keel has been laid for the giant floating facility. When complete,...

May 8 2013 / Read More »

Hertel Offshore to Construct LQs for Aasta Hansteen Platform

Hertel Offshore to Construct LQs for Aasta Hansteen Platform

Hertel Offshore has signed a €70 million contract with Hyundai Heavy Industries for the engineering, design and construction (EPC) of the new accommodation for Statoil’s Aasta Hansteen platform, which will be deployed in the northern part of the Norwegian Sea.  This is another big Norwegian...

Apr 29 2013 / Read More »

VIDEO: Greenpeace Activists Protest Against Statoil – Rosneft Arctic Drilling Plans

VIDEO: Greenpeace Activists Protest Against Statoil – Rosneft Arctic Drilling Plans

Greenpeace activists  wearing polar bear costumes protested yesterday against Statoil’s arctic drilling plans in front of the oil company’s Moscow office. The three ‘polar bears’ chained themselves to oil barrels with signs saying “The Arctic is worth more than oil” and “We are hostages of...

Apr 26 2013 / Read More »

Anadarko’s Lucius Spar En Route to Gulf of Mexico

Anadarko’s Lucius Spar En Route to Gulf of Mexico

Last Friday, Technip and Anadarko Petroleum Corporation held the Lucius Spar sail away ceremony. The christening ceremony took place in Technip’s yard in Pori, Finland. Thierry Pilenko, Technip’s Chairman and CEO, as well as Anadarko’s Senior Vice President for International and Deepwater Operations, Doug Lawler,...

Apr 24 2013 / Read More »

Sevan Drilling Drops Newbuild Options. Focuses on Marketing Rig Under Construction

Sevan Drilling Drops Newbuild Options. Focuses on Marketing Rig Under Construction

Sevan Drilling, a Norway-based drilling contractor which owns a fleet of Ultra Deepwater drilling rigs of a specific cylindrical design, yesterday, during its Investor Day presentation announced it would not take options for the rigs 5. and 6. at Cosco shipyard. The company’s representatives said they...

Apr 19 2013 / Read More »

Dozen Oil Firms Qualify as Potential Operators in Lebanon’s 1st Licensing Round

Dozen Oil Firms Qualify as Potential Operators in Lebanon’s 1st Licensing Round

Lebanon yesterday announced results of the pre-qualification phase for the 1st License Round which will be held on April 30, 2013. Out of 52 companies, from 25 different countries all around the world, which sent their applications, 46 have qualified. The ministry has also announced that out of...

Apr 19 2013 / Read More »
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