The Manatee County Port Authority approved a long-term $30m agreement with Port Dolphin Energy LLC, providing Fla. with a second major source of natural gas. Port Dolphin officials estimate its project will generate more than $150m in direct…
Topaz Energy and Marine announced its audited financial results for 2009. Topaz posted revenue of $448 million, EBITDA of $ 127 million and Net Profit of $ 65 million demonstrating year on year growth of 7%, 14% and 38% respectively. The growth…
Statoil's Board of Directors (OSE: STL, NYSE: STO) has decided to start a process to list its energy and retail business on the Oslo Stock Exchange. Further to the announcement made on the 3rd of February 2010, Statoil's Board of Directors has…
The offshore energy industry continues to show interest in the Gulf of Mexico’s Outer Continental Shelf, with 67 companies submitting 642 bids on 468 tracts that are being offered offshore Louisiana, Mississippi, and Alabama in tomorrow’s Minerals Management Service Central Gulf Sale 213…
“Our ambition on certain fields on the Norwegian continental shelf is to halve the time from discovery to production,” said Ståle Tungesvik, head of reserves and business development in Statoil.Speeding up the development time is an important…
Offshore Solutions B.V. (OSBV) reported that the OAS, mounted onboard the GDF SUEZ E&P Nederland B.V. (GSEPN) chartered vessel, REM Mermaid, has achieved over 1,000 operational connections without any LTIs. An OAS is a heave compensated telescopic gangway…
Veripos has been awarded an extension to its existing master services contract with Bergen Oilfield Services (BOS), one of Norway’s seismic survey contractors operating worldwide. The extended contract covers continuing supply of a range of…
Transocean Ltd. (NYSE:RIG) announced that the newbuild ultra-deepwater drillship Discoverer Inspiration has commenced operations for Chevron U.S.A. Inc., a wholly owned subsidiary of Chevron Corporation (NYSE:CVX), in the U.S. Gulf of Mexico under a five-year drilling contract…
Wärtsilä, in consortium with IMS Ingenieurgesellschaft mbH, has been engaged by RWE Innogy, the renewable energy arm of the German utility company RWE, as its designer to provide the basic design and consultancy services for a jack up crane vessel…
Shell signed two contracts with the Technip and Samsung Heavy Industries consortium for the Prelude floating liquefied natural gas (LNG) project off the coast of Western Australia. These contracts formalize the announcement made by Shell in…
Major energy group Statoil has appointed GAC to provide hub agency services covering all ports outside of Norway effective from 2010. The contract extends GAC’s long-standing relationship with Statoil through GAC Norway since the 1980s. Another…
The Minerals Management Service (MMS) issued a notice stating that it has completed its Environmental Assessment (EA) and Finding of No New Significant Impact (FONNSI) regarding the proposed Cape Wind offshore wind farm. The documents state…
Transocean Ltd. (NYSE:RIG) announced that the newbuild ultra-deepwater drillship Dhirubhai Deepwater KG2, which is owned by a joint venture with Pacific Drilling Limited, has commenced operations for Reliance Industries in India under a five-year drilling contract…
OMSA released the following statement in reaction to the administration plan to unveil new offshore oil and gas areas:As the association representing the owners and operators of the offshore supply vessels that support offshore exploration…
Cosalt Offshore, a provider of lifting, tooling and marine services to the oil and gas industry, has announced the appointment of Lisa Mitchell as commercial director.Mitchell has worked for the company since 2000, when it was GTC Group and then became Cosalt Offshore in 2007…