Statoil USA E&P Inc. announced that the Shell operated Vito appraisal well in deep water Gulf of Mexico has encountered more than 600 net feet of high-quality oil pay in thick subsalt Miocene sands. This sidetrack appraisal well, which is located in Mississippi Canyon block 940…
International diving equipment technology company Divex announced the launch of a communication system for the saturation diver. Divex, headquartered in Westhill, Aberdeen, Scotland launched HeliCom, the Helium Speech Unscrambler Communication System…
President of Azerbaijan, HE Ilham Aliyev breaks ground for the new yard in the presence of Singapore’s Minister for Foreign Affairs, Mr George Yeo.Fortifying its presence in the Caspian Region, Keppel Offshore & Marine Limited (Keppel O&M)…
Nexen and its partner have made a significant discovery in the Eastern Gulf of Mexico at Appomattox, located in Mississippi Canyon blocks 391 and 392. Recent operations at Appomattox have resulted in an oil discovery with excellent reservoir quality…
According to a March 19 report from The Wall Street Journal, India approved oil exploration contracts for Oil and Natural Gas Corp. (ONGC), the nation’s biggest energy explorer, and BHP Billiton Ltd as it sought to cut dependence on imports…
Keppel FELS Limited (Keppel FELS) has delivered the semisubmersible accommodation rig, Floatel Superior, 43 days early, safely and within budget to Floatel International (Floatel). The vessel is now ready to commence operations. Floatel…
Central Gulf of Mexico Oil and Gas Lease Sale 213, held on March 17 in New Orleans, attracted $949,265,959 in high bids. The sale was conducted by Interior’s Minerals Management Service (MMS) and had 77 companies submitting 642 bids on 468 tracts comprising over 2…
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…
