Diamond Offshore Drilling Inc.'s Ocean Saratoga semisubmersible drilling rig spudded a well on Noble Energy's Tyra Bank concession off Nicaragua in mid August. The rig is under contract to Noble Energy for US$323,000/d and is expected to finish in late November…
Petrobras President Maria das Graças Silva Foster announced at public hearing in the Brazilian Senate that the company plans to invest R$4 billion in 2013 and R$21.2 billion between 2013-2017 in information technology and telecommunications…
Keppel Shipyard Ltd (Keppel Shipyard) has secured two FPSO conversion contracts worth a combined value of S$190 million (US$154.54 million). The contracts are from SBM Offshore N.V. (SBM Offshore) and M3nergy Offshore Ltd. (M3nergy Offshore)…
Solstad Offshore ASA (SOFF), through its wholly-owned subsidiary Norce Offshore Pte Ltd, has signed a contract with Chevron Offshore (Thailand) Ltd, Chevron Thailand Exploration and Production Ltd. and Chevron Pattani Ltd. (together Chevron) in Thailand using the derrick-lay barge (DLB)…
A federal advisory committee tasked with improving extractive industry reporting transparency, will host a public meeting from 4-7 p.m. Tuesday, Sept. 24, at the Fire Fighters Conference Center, The Greer & Lowdermilk Conference Center, 4225 Interwood North Pkwy…
Nexans has been awarded an €8 million contract by Statoil to supply the static umbilicals for the Gullfaks Rimfaksdalen gas project in the Norwegian North Sea. It will be the fourth Statoil project in quick succession to feature the new…
The Goliat floating production unit will be the first facility on the Norwegian shelf to be held in place by ropes, says Eni. For the project, the first oil field due to come on stream in the Barents Sea, Eni Norge says it has has developed 'the world's strongest mooring rope'…
Keppel Shipyard has been awarded two floating production storage and offloading (FPSO) conversion contracts, including one for Shell's Stone's project, worth a combined value of US$150 million (S$190 million). The first is from SBM Offshore…
UTEC Geomarine today announced the successful completion of a significant geotechnical survey program in the West of Shetland region. The work was carried out for BP on their Quad 204 development and involved the utilization of UTEC Geomarine's…
There may be more than 2 billion bbl of oil under Lake Albert, said Oil of DR Congo director Giovanni Pedaci yesterday in Kinshasa. The capital city is hosting a two-day DRC Oil & Gas Forum, organized by Infrastructure Partnerships for Africa Development (iPAD)…
Intertek has been awarded the dimensional control contract for INPEX Ichthys floating production storage offloading (FPSO) turret development. The contract invoves the assurance and verification of fabrication and integration of the FPSO turret…
Barrier Group has acquired a 49% stake in a North East-based rubber product manufacturing company. The Wallsend-based company has bought the share in Tyneside’s Aquaseal Rubber with the aim of helping to expand the business’ presence in to wider markets…
Bristow Group has secured a number of new multi-year contracts for offshore oil and gas services across Europe and in other established and emerging markets. In total, the contracts are for 12 large and three medium helicopters, expected to generate up to US$850 million in revenue…
The arrival of a Russian flotilla in the Novosibirsk ('New Siberian') Islands marks the start of a new, permanent naval presence in the thawing region. As the race to lay claim to natural resources continues, Russia is reportedly planning…
China National Offshore Oil Corp. (CNOOC) signed production sharing contract (PSC) with Smart Oil Investment Ltd. for Block 05/31 in Bohai.Block 05/31 is located in the junction of Qikou Sag and Nanpu Sag of the West of Bohai. It covers a total area of 270sq km with water depth ranging from 5-15m…