Miclyn Express Offshore has announced that a key customer in Thailand has recently awarded the Company two long term Offshore Service Vessels (OSV’s) contracts. The Miclyn Constructor I and the MEO Sovereign II, both internally constructed OSV’s, have been awarded 2 year contracts commencing in February 2013 and March 2013 respectively. MEO has also recently secured additional OSV contracts [...]
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Thailand’s oil company, PTTEP, today posted a 2012 recurring net profit of USD 1,846 million , an increase of USD 378 million or 26% compared to its net profit of USD 1,468 million in 2011. In 2012, the total revenue of PTTEP and its subsidiaries was USD 7,021 million , an increase of USD 1,336 [...]
Deep Sea Supply announced that the company has been awarded a 3 year contract for the AHTS vessel “Sea Badger” for operations in Thailand. The vessel has commenced operation. Furthermore, the AHTS vessels “Sea Tiger” and “Sea Bear” have been awarded 120 days firm contracts with 60 days options with an international oil company for [...]
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Mermaid Maritime Public Company Limited (“Mermaid”) reported net profits of Baht 86.0 million in the financial year that ended on 30 September 2012 (“2012”), the first positive result since 2009. Net profits increased 153.3% compared to net losses of Baht 161.3 million in the financial year that ended on 30 September 2011 (“2011’). As a [...]
Tap Oil Limited, an independent Australian oil and gas company, has announced that the the Pathum-1 exploration well in the Gulf of Thailand reached final total depth of 2,642 metres MDRT with no evidence of significant hydrocarbons being encountered based on the data obtained while drilling (which includes a full suite of logging while drilling). [...]
Salamander Energy plc announces that first production of crude oil from the Bualuang Bravo platform, in the Gulf of Thailand, occurred on 14th December 2012. Salamander has a 100% operated interest in the Bualuang field. The maiden well drilled from the Bualuang Bravo platform, the BB-04H horizontal well, was drilled and completed with the Atwood [...]
MEO Australia Limited provides the following update in relation to Sainampueng-1 drilled in the Gulf of Thailand G2/48 Concession by Pearl Oil Offshore Limited (an affiliate of Mubadala Petroleum). Since the last report operations to plug and abandon the well have been completed and the rig was released from the drilling location at 19:00hrs on [...]
Tap Oil Limited, an independent Australian oil and gas company, today announced that the Ensco 85 rig has arrived on drilling location in the Gulf of Thailand. The rig will drill the Pathum-1 exploration well. The Pathum-1 exploration well is the third and final well in the Thailand 2012 exploration drilling campaign for Tap. The [...]
Coastal Energy Company, an independent exploration and production company with assets in Thailand, announced that the Atwood Manta jack-up rig has arrived on location at the Bua Ban North B field and is currently rigging up. The Company plans to drill eight development and appraisal wells at Bua Ban North with the Manta. Following completion [...]
MEO Australia Limited provides the following update in relation to Sainampueng-1 being drilled in the Gulf of Thailand G2/48 Concession by Pearl Oil Offshore Limited. Since the last report Sainampueng-1 was drilled from 2,237mMDRT to 2,323mMDRT when the well suffered a significant loss of mud circulation. As a result, an early TD (total depth) has [...]
December 6, 2012 | Posted in
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