Nido Petroleum Limited , on behalf of the SC 54B Joint Venture, provides the following update on the progress of the Gindara-1 exploration well over the past week. At 06:00 hrs (WST) on 2 June 2011, the Gindara-1 well was at a depth of 2,745 metres MD (2,723 metres TVDss) and drilling ahead in [...]
The DSSTM 38 ultra deepwater semisubmersible rig was delivered a record four months ahead of schedule. Keppel FELS Limited (Keppel FELS) has delivered Alpha Star, the second of two DSSTM 38 semisubmersible rigs, to Brazil’s Queiroz Galvão Óleo e Gás (QGOG) four months ahead of schedule and with zero lost time incidents. This continues [...]
AED Oil Limited wishes to provide the following update on the Lempuyang-1 well testing program. AED has made considerable progress on the procurement of downhole testing equipment and redesign. It is now anticipated that testing of the blue zone in the Lempuyang-1 well will recommence towards the end of the month. As advised in the [...]
March 17, 2011 | Posted in
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Hovertrans Solutions Pte. Ltd. (Hovertrans Solutions), a leading designer and manufacturer of hoverbarges for heavy lift in difficult terrain in the global oil and gas, and specialist transportation industries, will be constructing a 50 tonne payload hoverbarge for charter. Measuring 34m x 17m, the modular hoverbarge with a 50 tonne payload and hover height [...]
Sembcorp Marine achieved another year of record performance with net profit increased by 23% to a high of $860 million in 2010. Earnings per share rose by 22% to 41.55 cents. Return on equity was 38.4%. Group turnover at $4,555 million was 20% lower as compared with $5,725 million in 2009. The lower turnover [...]
Hamworthy has signed a contract with FPSO Owner OSX 1 Leasing B.V., a subsidiary of OSX Brasil S.A., for delivery of its newest generation Vessel Internal Electrostatic Coalescer (VIEC®) technology to the FPSO OSX-1. Upon completion of customization works currently in progress in Singapore, the FPSO OSX-1 will be delivered by OSX to its customer [...]
February 21, 2011 | Posted in
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Perisai Petroleum Teknologi Bhd has proposed an acquisition of 51% equity interest in Intan Offshore Sdn Bhd for RM45.2mil(USD$ 14,8) to … Source:Thestar, January 28, 2011;
Marco Polo Marine Ltd , a growing integrated marine logistic group announces that its Singapore incorporated wholly-owned subsidiary, Marco Polo Offshore (II) Pte Ltd has signed a memorandum of agreement to purchase a utility vessel for a total cash consideration of US$4.87 million. The Utility Vessel, known as SMS Spectrum, is a 40-metre Panamanian-flagged vessel [...]
January 7, 2011 | Posted in
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Serica Energy plc today announces its financial results for the three and six months ending 30 June 2010. Highlights: Operational: •Production rates at Kambuna increased during first half of the year – average gas sales of 35 mmscfd in June and 39 mmscfd in July •Kambuna field operator has reduced its current reserve projections but [...]