Crowley Maritime Corp. announces the recent launch the Ocean Wave, the first of four Ocean Class tugboats under construction at Bollinger Shipyards in Amelia, La. The Ocean Wave and Ocean Wind are classed as Dynamic Positioning 1 (DP1) tugboats and are twin-screw, steel-hulled tugs with an overall length of 146 ft, beam of 46 ft, [...]
December 5, 2011 | Posted in
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Husky Energy Inc., a Canadian energy company based in Calgary, Alberta announces a $4.7 billion ($4.1 billion net cash) capital expenditure program for 2012 which builds on the momentum achieved over the past year to increase short-term production and supports the continued execution of the Company’s mid and long-term growth initiatives. “This has been a [...]
Seadrill, a Norwegian-Bermudan offshore drilling company with operations around the globe today announced its third quarter 2011 net income of US$58 million. Consolidated revenues for the third quarter of 2011 amounted to US$1,029 million as compared to US$995 million in the second quarter. Operating profit for the quarter was US$480 million, up from US$430 million [...]
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Lundin Petroleum said today that drilling of the appraisal well 16/5-2S on the Avaldsnes discovery located in the North Sea sector of the Norwegian Continental Shelf (NCS), has started. The planned total vertical depth is approximately 2,150 meters below mean sea level and the well will be drilled using the semi-submersible drilling rig Bredford Dolphin. [...]
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ConocoPhillips yesterday announced announced several future appointments to the management teams of the two energy companies that will be created when ConocoPhillips completes its strategic repositioning, expected in the second quarter of 2012. The new ConocoPhillips will be an independent, pure-play exploration and production company. Phillips 66, the independent downstream company, will have leading businesses [...]
![Australia: Tap Announces Plugging and Abandonment of Hannah-1 Well]()
Tap Oil Limited an independent oil & gas exploration and production company with interests in Australia and South East Asia, today provided the final report on the Hannah-1 commitment well, offshore Carnarvon Basin, Western Australia. The Hannah-1 well is located in permit TP/8, approximately 18km east of Barrow Island and was drilled in 16m of [...]
November 21, 2011 | Posted in
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Read More » ![UK: Endeavour Announces Spud of Tudor Rose Well]()
Endeavour International Corporation today reported that the Tudor Rose well in the Central North Sea block 14/30a was spud yesterday, on the 16th of November 2011. The Tudor Rose oil accumulation was discovered in 1983 and encountered an 80 foot oil column within the Tertiary age Beauly Sands, but proper representative oil samples were [...]
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Petrobras issues the results of the drilling of another well in Carioca area, situated in Block BM-S-9 which confirms the potential of the exploration area. The new well named as 4-SPS-81A (4-BRSA-973A-SPS), commonly known as Abaré, is settled 35 km south of the discovery well 1-BRSA-491-SPS (Carioca) and 293 km from the coast of the [...]
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Read More » Kosmos Energy announced yesterday financial results for the third quarter 2011. The Company generated net income attributable to common shareholders of $52 million in the third quarter of 2011, or $0.13 per basic and diluted share. This compares to a net loss attributable to common unit holders of $99 million for the same period in [...]
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Tap Oil Limited (“Tap”) provides the following information on the Hannah-1 commitment well, offshore Carnarvon Basin, Western Australia. The Hannah-1 well is located in permit TP/8, approximately 18km east of Barrow Island. The well will be drilled in water depth of 16m by the jack-up rig Ensco 104. The well will test a stratigraphic oil [...]
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