Shell and China National Petroleum Company (CNPC) today signed a Global Alliance Agreement emphasizing their shared intent to pursue mutually beneficial cooperation opportunities internationally as well as in China. The two parties also signed…
Shell announced a multi-billion dollar investment to develop its major Cardamom oil and gas field in the deep waters of the Gulf of Mexico (GoM). The Cardamom project is expected to produce 50,000 barrels of oil equivalent (boe) a day at peak…
The state of the art crane vessel the Oleg Strashnov arrived at the Sheringham Shoal site early last week after a trip to Vlissingen in Holland to pick up further monopiles, and has resumed foundation installations. Currently persons on board number 162…
Norway’s Crown Prince Haakon officially opened the Statoil-operated Peregrino oil field offshore Brazil today in a ceremony aboard the floating production storage and offloading ship (FPSO).The event was attended by relevant authorities and international journalists…
Ulstein Verft has sold the construction vessel Karianne of SX121 type design to Island Offshore. The vessel was completed on time from ULSTEIN in the fourth quarter of 2010. The vessel was originally contracted by the shipping company Marine Subsea…
Oil and gas industry professionals are divided in opinion on whether the price of a barrel of oil will exceed $150 by the end of 2011, according to an Industry Snapshot poll conducted by GL Noble Denton at the SPE Offshore Technology Conference (OTC) 2011 in Houston…
Stressing the importance of scientific integrity in decision-making regarding offshore energy development, Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) Director Michael R. Bromwich today highlighted the role of the…
DryShips Inc. (NASDAQ: DRYS), a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, announced today that Ocean Rig UDW Inc., its majority owned subsidiary, has secured further backlog…
AGR Petroleum Services today signed a drilling contract, on behalf of Hyperdynamics Corporation (NYSE Amex: HDY), with Jasper Drilling Private Limited of Singapore to contract the drill ship Jasper Explorer for drilling in Hyperdynamics' concession offshore the Republic of Guinea…
Bureau Posts Vacancy Announcement in Nationwide SearchWASHINGTON – The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today announced it is seeking to fill a senior position in the Bureau of Safety and Environmental Enforcement (BSEE)…
Hornbeck Offshore Services, Inc. (NYSE:HOS) announced today results for the first quarter ended March 31, 2011. Following are highlights for this period and the Company's future outlook: Lack of drilling permits in Company's core geographic market…
Professors Olav Bolland and Hallvard Svendsen have won Statoil’s 2011 research prize for their work on enhancing carbon capture understanding and processes for reducing emissions.The prize of NOK 200,000 and an artwork by Roar Wold was awarded by Tor Ulleberg…
San Donato Milanese, 9 May 2011 - The Board of Directors of Saipem S.p.A., convened and following the resolutions taken by the Shareholders’ Meeting on May 4, 2011, approved the appointments of the Chairman, Deputy Chairman and CEO and Deputy CEO of Saipem S…
BMT Marine & Offshore Surveys, which incorporates The Salvage Association and Murray Fenton, is delighted to announce that the business and assets of the company have been acquired by Braemar Shipping Services Plc, a leading international provider of shipbroking…
Braemar is pleased to announce the purchase of the business and certain assets of BMT Marine and Offshore Surveys Limited (“BMTMOS”) on 6th May 2011 from the Administrator, Deloitte.BMTMOS provides Hull and Machinery, P&I and Marine Warranty survey services around the globe…
