Offshore Activity - page 990


Balmoral announces Brazilian facility

Sep 23, 2014

Balmoral Offshore Engineering's new Brazilian manufacturing facility will open by Q3 2015, the buoyancy, insulation and elastomer product company announced at Rio Oil and Gas. Balmoral’s Aberdeen headquarters exports more than 95% of its manufactured goods worldwide…

Saudi Aramco opens Houston research center

Sep 22, 2014

Saudi Aramco announced the opening of the new Aramco Research Center on Houston’s west side in the energy corridor, on Friday, 19 September. Khalid A. Al-Falih, president & CEO Saudi Aramco, at…

TGS gets new GoM deepwater 3D Survey

Sep 22, 2014

TGS is continuing its Explorer series seismic acquisition program in the deepwater US Gulf of Mexico with Panfilo 3D. Panfilo 3D will add 11,500sq km to TGS' multi-client library in the Lund and Henderson Central Gulf of Mexico protraction areas…

Exxon, Rosneft to end Kara Sea drilling

Sep 19, 2014

ExxonMobil and Rosneft will end drilling operations in the Kara Sea due to Western sanctions. The West Alpha ExxonMobil released a statement today (19 September), which said the supermajor will comply with all US sanctions…

Pingvin well nears completion

Sep 19, 2014

Statoil will complete the drilling of the Pingvin prospect in exploration well 7319/12-1 in the Norwegian Barents Sea, says partner on the well North Energy. The well identified gas in a sandstone reservoir. The well acquired extensive data through coring…

Petrobras to sign ship contract this month

Sep 19, 2014

Brazil's state-run oil company, Petroleo Brasileiro, will sign a contract to build and lease a floating production ship for its Libra offshore project this month, company Chief Executive Maria das Gracas Foster said on 18 September, as reported by Reuters…

DTU opens new research center

Sep 18, 2014

The Technical University of Denmark’s (DTU) new Danish Hydrocarbon Research and Technology Centre opened 18 September. DBU platform Image: DTU DTU said that it wants to train…

Eos acquires Dune Energy

Sep 18, 2014

Houston-based Dune Energy has been acquired by Eos Petro Inc. in a cash deal. Eos will acquire all of the outstanding shares of the Dune for $0.30 per share in cash pursuant to an agreement and plan of merger dated 17 September 2014. It…

GE wins Petrobras supply deal

Sep 17, 2014

Petrobras awarded GE Oil and Gas a subsea equipment supply contract for pre-salt fields worth approximately US$300 million. The contract includes eight manifolds that will be designed with retrievable injection modules to allow water-alternated gas injection for up to four wells…

Frontier to drill two wells in Calauit

Sep 17, 2014

Malaysia’s UMW Offshore Drilling Sdn. Bhd. and Frontier Oil Corp. signed a US$20 million agreement for Frontier to drill two wells in the Calauit oil field off northwest Palawan in the Philippines. The contract is for a 120-day period with an option to extend for an additional 180 days…

BP extends Jee contract

Sep 17, 2014

Jee Ltd. was awarded a three-year contract renewal from BP with potential value in excess of US$7.3 million. Trevor Jee, Managing Director of Jee Image: Jee The two…

Maersk sells Venezuela drilling unit

Sep 17, 2014

Maersk Drilling is selling its drilling barge activities in Venezuela to Barrystar Holding, an investment company based in Panama. The activities, registered in the company Maritime Contractors Venezuela (MCVSA), comprise the ownership…

Continental to sell 51% stake in Norwegian affiliate

Sep 16, 2014

Continental Energy has reached an agreement for the sale of its 51% shareholding stake in Visionaire Energy (VEN) to Norway's Visionaire Invest for consideration of US$1.2 million. VEN is a holding company which owns a 49% equity interest…

Damen delivers Fugro Pioneer

Sep 16, 2014

Fugro took delivery of the second of the three Fugro offshore coastal survey vessels (FOCSV), being built in Romania at Damen’s Galati shipyard. Fugro Pioneer Image: Damen The Fugro Pioneer is a compact…

Acteon acquires UTEC

Sep 11, 2014

Acteon has acquired independent survey services company UTEC Survey. Houston-headquartered UTEC offers services to gather, process and manage data that supports informed decision-making across the entire life of a subsea field. It generated revenues in excess of US$84 million…

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