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UK Offshore Hydrocarbon Up 11/16/2009 9:21:19 PM According to a Nov. 16 report from Forbes.com, shares in UK’s Offshore Hydrocarbon Mapping Plc rose 29 percent after the electromagnetic surveys provider to the oil and gas sector won a $2.5m contract and posts a full-year loss in line with market estimates. (Source: www.Forbes.com)  ... Statoil’s Interesting North Sea Find 11/16/2009 9:04:12 PM Gas and condensate have been discovered by Statoil in the Beta West prospect, 1.5 kilometres from the main Sleipner West reservoir. Resources in the find, which lies four kilometres west of Sleipner B, are currently estimated at 37-63 million recoverable barrels of oil equivalent (six to 10 million standard cubic metres oe)... Central GOM Lease Sale 11/15/2009 7:55:16 PM Secretary of the Interior Ken Salazar announced the Department will hold an oil and natural gas lease sale for the Central Gulf of Mexico Outer Continental Shelf that will offer nearly 36 million acres and could produce up to 1.3 billion barrels of oil and 5.4 trillion cubic feet of natural gas.    ... Strong Winds Hit Haiyangshiyou 113 11/12/2009 10:47:07 PM CNOOC Limited announced that the Floating, Production, Storage and Offloading (FPSO) vessel Haiyangshiyou 113 shifted from its moorings by strong winds in the Bohai Bay area, has been safely secured. There were no injuries or oil spills. Operations at the BZ25-1/BZ25-1South oilfields were... Bisso Marine Buries Pipeline in Gulf 11/10/2009 10:11:24 PM Bisso Marine, a provider of energy and maritime support services, successfully buried a pipeline 16 feet below the hardened seabed of the Gulf of Mexico. Working in 54 feet of water, the crew of the DLB Big Chief installed a hot tap and used one of the company’s three 2,700 gpm@1,150... Offshore Contract for Noble Denton and GL 11/9/2009 9:36:59 PM Noble Denton and Germanischer Lloyd (GL) will support European leading utilities cooperative Trianel GmbH with technical support and project management of its 400 MW offshore wind farm Borkum West II. The installation of the first phase is scheduled to start in 2011/2012. It consists of 40 of the planned... North Sea Could Save Scotland’s Economy 11/6/2009 6:42:36 PM According to a Nov. 6 report from The Press and Journal, Scottish businessman, Sir Ian Wood, said the North Sea oil and gas industry could be the saviour of the UK economy and haul the country out of its massive debt. Sir Ian, chairman of Aberdeen-based global energy service business Wood Group, told... Shell’s Successful South African Offshore Bid 11/5/2009 9:26:39 PM The South African Petroleum Authorities confirmed Royal Dutch Shell plc as the successful bidder for exploration rights in the Orange Basin deep-water area, off the country’s west coast. Shell and the government will now negotiate the details of an exploration contract.   The exploration... IRS Focuses on Foreign Vessels Evaiding Taxes 11/3/2009 9:25:46 PM The Offshore Marine Service Association (OMSA) applauded the Internal Revenue Service’s (IRS) recently posted directive to field officers establishing an issue management team in the wake of an IRS analysis indicating that a significant number of foreign vessels permitted to work in the U.S. offshore... Topaz Breakthrough in Turkmenistan 10/25/2009 8:04:40 PM Topaz Energy and Marine, through its subsidiary BUE Turkmenistan, announced the award of a $14m contract with MMHE (Malaysian Marine Heavy Engineering). MMHE is operating a JV between Technip and Petronas in the construction and development of the hook up and commissioning of the Magtymguly Collector Riser (MCR-A) offshore Turkmenistan... Petrobras 10000 Begins 10-Year Contract 10/21/2009 8:04:14 PM Transocean Ltd. (NYSE:RIG) announced that the newbuild ultra-deepwater drillship Petrobras 10000 has commenced operations in Angola for a subsidiary of Petrobras under a 10-year drilling contract. Transocean has an agreement with the P&M Drilling International B.V. joint venture of Petrobras and... Harvey Bisso Launches Subsea Venture 10/21/2009 8:01:40 PM Harvey Bisso Subsea has launched operations to provide subsea services to the energy and maritime industries. The new subsea venture combines the expertise, resources and experience of Bisso Marine and Harvey Gulf International Marine The centerpiece of the venture is a new, fully-classed... StatoilHydro Developments Paying Off 10/20/2009 7:14:40 PM Better drilling methods are making the single biggest contribution to improving recovery from Norway’s offshore fields. A number of solutions adopted by StatoilHydro this year are already yielding good results. “Downhole intervention and sidetracks from existing wells are the... Cnooc in Talks for Leases in U.S. Gulf 10/19/2009 8:19:53 PM According to an Oct. 19 report from The Wall Street Journal, Cnooc Ltd. is in talks with Norway's StatoilHydro ASA over a deal for a few leases in the U.S. Gulf of Mexico, a deal that would open the U.S. Gulf to China's oil companies for the first time, a person familiar with the matter said. (Source: The Wall Street Journal)... Frigg Area Yields More Crude 10/15/2009 2:43:06 PM Oil has been discovered by StatoilHydro in the Frigg Delta prospect in the North Sea, with proven recoverable volumes put at 18-35 million barrels. This find is located about 21 kilometres east of the abandoned Frigg field and 12 kilometres north of Frøy. "It’s commercially... Gulf Coast Ocean Policy Task Force Public Meeting 10/12/2009 4:48:06 PM Obama Administration officials will hold a Gulf Coast Regional Ocean Policy Task Force Public Meeting in New Orleans on Monday, October 19, 2009. The Interagency Ocean Policy Task Force, led by White House Council on Environmental Quality Chair Nancy Sutley, consists of senior-level officials from Administration agencies, departments, and offices... J. Ray McDermott Installation for LUKOIL 10/12/2009 4:41:37 PM J. Ray McDermott’s Caspian subsidiary has completed installation of offshore facilities at the Yuri Korchagin field for OOO LUKOIL-Nizhnevolzhskneft (LUKOIL), a subsidiary of OAO LUKOIL Oil Company. The Yuri Korchagin field is the first of the North Caspian fields in the Russian sector... MTNW Supports Frontier Drilling 10/11/2009 7:39:42 PM Measurement Technology NW (MTNW) has recently completed a contract to provide installation, calibration and commissioning on an eight-point mooring monitoring system for Frontier’s drill ship, Duchess, off the coast of Nigeria. The new running line tensiometer and LCI-90 mooring monitoring system... Swire Oilfield Services invests in North Sea 10/7/2009 6:16:01 PM Swire Oilfield Services, a leading supplier of specialist offshore cargo carrying units (CCU), is defying market conditions by establishing Aberdeen, UK as a Centre of Excellence for its Cargo Carrying business with a $1.2m investment, creating five jobs.   Work has already begun on the... ITS $55M Investment from Lime Rock 10/6/2009 12:49:45 AM ITS Group, a specialist provider of oilfield equipment and services to the global oil and gas industry, announced a $55m equity investment from leading energy-focused private equity firm Lime Rock Partners. The agreement provides Lime Rock with a minority stake in ITS Group in return for providing... 1 2 3 4 5 6 7 8 9 10 ...