Latest News - page 2683


AGR to deliver MPD system to Statoil

Jul 24, 2013

AGR Enhanced Drilling, entered into a NOK120m (USD20m) Letter of Intent (LOI) with Statoil to deliver an EC-Drill® managed pressure drilling (MPD) system. The EC-Drill® system combines control system capability, enhanced riser integration and multiple other features…

ION Geophysical opens new facility

Jul 24, 2013

ION Geophysical Corp. established a GX Technology (GXT) seismic data processing center in Perth, to serve the needs of oil & gas companies in Australia and throughout the Asia-Pacific region. The new center is staffed with experienced geoscience…

Relief well planned for leaking GOM well

Jul 24, 2013

The US Bureau of Safety and Environmental Enforcement (BSEE) approved Walter Oil & Gas Corp.’s permit application to drill a relief well at South Timbalier 220 in the US Gulf of Mexico, using the Rowan EXL-3 jack-up rig. The well is expected to be drilled on Thursday…

DONG's West of Shetland success

Jul 24, 2013

DONG Energy has made a gas discovery north-west of Shetland after a two-well exploration campaign through 2012-13.  DONG said the Cragganmore exploration well, in Block 208/17, had been confirmed as a gas discovery. The well was drilled using the West Navigator drillship in 673m water…

Wood Group PSN to work on ABT buoy

Jul 24, 2013

Engineering services firm Wood Group PSN has been contracted to carry out engineering studies on a plan to deploy a production buoy facility design in the UK North Sea. Under the contract with ABTechnology (ABT), the firm behind the production buoy design…

MOG adds to offshore Malta stakes

Jul 24, 2013

Mediterranean Oil & Gas has increased its holdings offshore Malta after acquiring a 40% working interest in the Area 3 Exploration Study Agreement (ESA). The agreement covers blocks Blocks 1, 2 and 3 and is in partnership with Cairn Energy subsidiary Capricorn Malta…

Treadwell discusses Alaska’s Arctic

Jul 23, 2013

Alaska’s Lt. Governor Mead Treadwell stated the case for Alaska’s key needs at the Ice-diminished Arctic Conference in Washington, D.C. earlier this month. Treadwell reminded the attendees that the Arctic has held strategic importance for…

OneSubsea wins UK North Sea Chevron contracts

Jul 23, 2013

Newly formed subsea business OneSubsea has picked up a major contract with Chevron on its deepwater west of Shetland Rosebank development. OneSubsea, a joint venture between Schlumberger and Cameron, is to provide the subsea equipment on the 240MM boe recoverable Rosebank development…

BPZ spuds well at Corvina field

Jul 23, 2013

BPZ Energy began drilling of the first development well at the Corvina field CX-15 platform, located in offshore Block Z-1 in Peru. Drilling and completion of the CX15-1D well is expected to take up to twelve weeks. Conventional core samples…

Ocean Rig wins Total drilling contract

Jul 23, 2013

Ocean Rig UDW Inc. signed a contract with Total E&P Angola, for its ultra deepwater drillship, Ocean Rig Skyros. The contract is for five wells or a minimum of 275 days for drilling offshore West Africa, with an estimated backlog of about US $190 million…

BassDrill undergoes name change

Jul 23, 2013

Houston-based BassDrill Ltd. is changing its name to Atlantica Tender Drilling Ltd.  This change is part of a larger rebranding effort designed to reflect the growing strength of the company. “Atlantica is the name given to an ancient…

Hallin Marine awarded subsea construction project

Jul 23, 2013

Hallin Marine, a Superior Energy Services company, announced the receipt of a project off the northwest coast of Java. It centers on the installation of new control taps and a bypass for the main pipeline, which supplies 60% of Jakarta's gas requirements…

Tritech RAMS picked for Quad 204

Jul 23, 2013

Tritech has been awarded a contract for its real-time riser and mooring line monitoring system RAMS. Following a competitive and detailed bidding process, the firm's system was selected by Single Buoy Moorings (SBM), designer and supplier of turret mooring systems (TMS)…

Wood Group wins Esso Highlands contract

Jul 23, 2013

Wood Group PSN was awarded a contract by Esso Highlands Ltd., a subsidiary of Exxon Mobil Corp., to provide engineering, procurement, construction and maintenance services to support its Papua New Guinea (PNG) liquefied natural gas (LNG) operations…

Lundin spuds well on Biotitt prospect

Jul 23, 2013

Lundin Petroleum AB (Lundin Petroleum) began drilling of exploration well 16/4-7 in PL544. The well will target the Biotitt prospect, which is located some 35 km south of the Edvard Grieg Field and 46 km southwest of the Johan Sverdrup Field…

Current News

Bloomberg News Reports Shell is Looking for a Buyer for Brazilian Oilfield Cluster

Shell is in advanced discussions to buy LLOG Exploration, say sources. The deal will cost more than $3 billion.

ESG Completes Service Operation Vessel Conversion for HOS

Orbital Marine Power Secures $9.31m Investment

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