Chariot Oil & Gas Limited , an oil and gas exploration company focused on Africa, announces that the Tapir South (1811/5-1) exploration well in Northern Block 1811A in the Namibe basin offshore Namibia has reached a total depth of 4,879 metres TVDss. The the second well ever to have been drilled in the Namibe Basin, [...]
The Netherlands-based DSM, producer of Dyneema®, the world’s strongest fiber™, has introduced DM20, a new fiber designed for the production of incredibly strong ropes that provide unrivalled strength, stiffness and durability. DM 20 is an innovative fiber that completely redefines the capability of HMPE ropes and forms the basis of Dyneema® Max Technology. This breakthrough [...]
Norway’s TGS announced today that its Geological Products division purchased all the outstanding shares of Volant Solutions Inc. Volant is a small, six-employee technology company based in Houston that provides integration solutions for E&P companies to address the challenges of managing ever increasing quantities of geotechnical data. This integration of internal and external data sources [...]
Vantage Drilling, an offshore drilling contractor headquartered at Cayman Islands, reports a net loss of $1.2 million or ($0.00) per diluted share for the three months ended March 31, 2012 as compared to a net loss of $18.7 million or ($0.06) per diluted share for the three months ended March 31, 2011. Paul Bragg, Chairman [...]
May 10, 2012 | Posted in
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Statoil ASA, together with partners Eni Norge AS and Petoro AS, has established a plan for further exploration drilling in the Skrugard area. The exploration campaign will comprise four new prospects and is scheduled to commence late 2012. The objective is to follow up on the Skrugard and Havis discoveries and to test further upside [...]
May 10, 2012 | Posted in
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TGS has commenced acquisition of a 3D multi-client survey covering 3,210 km2 in the Erlend Basin on the UK Continental Shelf, West of Shetlands. This is the first multi-client 3D survey in the Erlend Basin and builds on the improved imaging shown by the reprocessed TGS North Sea Renaissance 2D data. The survey covers open [...]
U.S. offshore marine support vessel operator SEACOR Marine LLC (SEACOR Marine), located in Houma, Louisiana, has chosen Kongsberg Maritime to supply sophisticated Dynamic Positioning systems for two new 190-foot CrewZer Class Crew boats (also known as Fast supply vessels). SEACOR Lynx and SEACOR Leopard are under construction at Gulfcraft Shipyard, located in Franklin, Louisiana, and [...]
MPX North Sea Ltd has completed suspension operations on well 3/3b-13Z (Orlando) and the Awilco Wihunter has moved to Block 211/11b adjacent to the Magnus Field to drill the Timon Prospect. Well 211/11b-7 was spudded on 4th May 2012 and is anticipated to take around 40 days drilling to a total depth of approximately 11,000 [...]
AGR has acquired an 80% shareholding in Steinsvik & Co AS. Headquartered in Stavanger, Steinsvik & Co supplies safety professionals, including safety coaches and internal control officers (ICO), to drilling rigs in the Norwegian market. The firm also provides HSE training for oil companies and performs safety inspections on rigs operating both on the Norwegian [...]
May 9, 2012 | Posted in
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GE Energy announces that it is investing $10 million in the development of a new Oil & Gas Training Facility to support and advance training and development for its customers and employees. Training at the facility will focus on customer, technical and leadership skills aimed to meet the changing needs and growing global demand for [...]
