Qatar Petroleum (QP) on behalf of the Government of the State of Qatar has signed a new Exploration and Production Sharing Agreement (EPSA) with Shell and PetroChina Company Limited (PetroChina) for Qatar Block D.The agreement was signed in Doha by His Excellency Abdulla bin Hamad Al-Attiyah…
Sparrows Offshore LLC (formerly Energy Cranes LLC), the Houston-based offshore crane, fluid power and pipe-laying equipment specialist, has signed contracts in 2010 worth more than $8m. With the new work, the company plans to increase its U…
His Royal Highness The Prince of Wales has visited Marine Current Turbines’ SeaGen, a marine current and tidal stream technology that is deployed in Northern Ireland’s Strangford Lough and generating power into the local grid on a daily basis…
According to a May 13 report from Bloomberg, a regulatory crackdown on offshore oil drilling after the fatal rig explosion in the Gulf of Mexico will delay development of U.S. deposits with billions of barrels of crude and may spawn industry job cuts…
According to a May 13 report from The New York Times, President Hugo Chávez announced early in the day that an offshore natural gas exploration rig, the Aban Pearl, leased to Venezuela’s national oil company sank off the coast of northeastern…
According to a May 11 report from The Gazette, Canadian regulators relaxed offshore drilling regulations late last year, giving the energy industry more flexibility when putting in place safeguards against oil spills. Previously, companies were required to install specific kinds of equipment…
According to a May 11 report from Reuters, BP Plc said it has finished building a smaller dome designed to trap oil spewing from the floor of the Gulf of Mexico and plans to try placing it over the relentless leak. This 'top hat' dome was taken…
The first political backlash from the recent explosion and sinking of Deepwater Horizon appears to be the Department of Interior’s Minerals Management Service, as it movement is reportedly underway to split the agency that polices the offshore drilling industry…
TDW Offshore Services AS (TDW) has completed a key pipeline pressure isolation and joint testing operation offshore western Borneo in Malaysia for Sarawak Shell Berhad. TDW worked on platform F23P-A, which is part of the facilities operated…
Integrated subsea contractor Hallin Marine is mobilizing its vessel, Ullswater, after winning a saturation diving contract offshore Angola. The DP2 Ullswater, equipped with saturation and air diving systems, a Hallin C-ROV and all personnel…
J. Ray McDermott, S.A. (J. Ray) announced that its subsidiary P.T. McDermott Indonesia (PTMI) has been awarded a contract by the Kellogg Joint Venture-Gorgon on behalf of Chevron Australia Pty. Ltd, operator of the Gorgon Project. The estimated…
As BP, the National Response Team, and an army of volunteers respond to the Deepwater Horizon incident in the Gulf of Mexico, NOIA member companies are lending their resources in an unprecedented cooperative effort to stop the flow of oil and prevent further damage to the environment…
Northern Offshore, Ltd. (Oslo Bors: NOF.OL) reported on May 5 that upon completion of the third well of a five-well drilling program for VietGazprom offshore Vietnam, the drillship Energy Searcher underwent an inspection that identified repairs…
In response to the possibility of the Deepwater Horizon oil spill affecting the West Coast of Florida, representatives from BP, the U.S. Coast Guard, and the Florida Department of Environmental Protection (DEP) are meeting to plan a multi-agency response…
Statoil's first quarter 2010 net operating income was NOK 39.6 billion, an 11% increase compared to NOK 35.5 billion in the first quarter of 2009. The quarterly result was mainly affected by a 48% increase in liquids prices measured in NOK and a 35% decrease in gas prices…