
Apache Corporation yesterday afternoon announced that an extension well had initial production rates higher than any oil well drilled at the Beryl Field in the U.K. North Sea since 2001. “We’re very excited about this well because we’ve found virgin reservoir pressure in two of three zones containing more than 300 feet of net true [...]

Marine Accurate Well ASA – MARACC has signed a 12 well drilling Contract with Lundin Norway AS for the semi-submersible drilling rig Island Innocator The contract is expected to provide Island Innovator with minimum of two years of drilling operations offshore Norway with commencement in the 2nd quarter of 2013 plus options for 3×4 additional [...]

Bond Offshore Helicopters Ltd., one of the UK’s leading providers of energy support services announced the resumption of flights which were suspended after one of the helicopters, on its way to an offshore rig, ditched into the North Sea last Thursday. Bill Munro, Managing Director of Bond Offshore Helicopters said, “Bond puts safety first, above [...]

Nautronix has been awarded a contract to supply the acoustic positioning system for Noble’s fourth new Ultra-Deepwater Drillship
May 17, 2012 | Posted in
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BC Petroleum Sdn Bhd (“BCP”), the company incorporated by ROC, PETRONAS and Dialog Group to operate and manage the Balai Cluster Risk Service Contract in Malaysia, has secured project finance for the pre-development phase of the project. BCP has entered into a facility agreement for the financing of the pre-development phase for US$162 million. The [...]

Bergen Group Hanøytangen has been awarded an LOI from Semco Maritime for a possible yard stay at Hanøytangen for a semi-submersible drilling rig in Q3 2012. For Bergen Group Hanøytangen the project is estimated to generate a turnover of NOK 50-100 million. Bergen Group Hanøytangen will be a subcontractor to Semco Maritime in the project [...]

JP Kenny Norway has signed a Front End Engineering Design (FEED) contract with Norske Shell for the high temperature, high pressure Linnorm project in Norway. Valued at approximately US$9 million (NOK 55 million), this contract forms part of a global Enterprise Frame Agreement awarded to Wood Group Kenny earlier this year by Shell Global Solutions [...]

ABB, the leading power and automation technology group, recently won an order worth $18 million from Daewoo to supply energy efficient propulsion and electrical power systems for two new deep sea pipeline installation vessels that will build oil transport infrastructure off the coast of Brazil. The order was booked in the first quarter. South Korean [...]
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Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services, today announced that on May 15, 2012, its Ocean Rig Corcovado drillship completed the general testing of equipment as required by Brazil’s oil giant Petrobras. The drillship has now commenced revenue-generating drilling operations in Brazil. The Ocean Rig Corcovado will stay with Petrobras [...]

Statoil transfers operatorship of the Vilje field in the North Sea to Marathon Oil Norge. The agreement does not involve any change of stakes in the production licence (PL 036D). “Statoil is interested in good area solutions. We therefore find it natural that Marathon, as the biggest operator in the area, gets to optimise the [...]