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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... Axis Bank Cancels Great Offshore Oil Rig Funding 10/6/2009 12:45:05 AM In Bangalore, offshore oilfield services firm Great Offshore Ltd has run into fresh trouble after Axis Bank Ltd walked out of a deal to lend Rs350 crore to the Mumbai-based firm for funding the purchase of an oil drilling rig, currently under construction at Bharati Shipyard Ltd. Axis Bank wanted the... Bill Includes $5M to Study Offshore Wind 10/6/2009 12:44:38 AM According to an Oct. 5 report from the Bangor Daily News, a budget bill that appears headed for final passage in Congress includes $5m for research and development of offshore wind turbines at the University of Maine in Orono. The appropriation is contained in the 2010 energy and water budget bill that... Hyperdynamics Seismic Survey, Guinea 10/1/2009 5:24:33 PM Hyperdynamics Corporation (NYSE Amex: HDY) announced that it has signed a contract with Bergen Oilfield Services AS of Norway to conduct a 9,000 kilometer 2-D marine seismic survey on portions of its oil and gas concession offshore Republic of Guinea. The survey is expected to get under way by the end of October... Deep Down, Largest GOM Buoyancy Modules 10/1/2009 4:35:00 PM Deep Down, Inc., an offshore service and technology company providing innovative subsea solutions for the world's energy and offshore industry, announced an approximate $1m order for the manufacture of 70 metric tons of buoyancy products for a major project in the Gulf of Mexico, with delivery slated for early 4th quarter 2009... New Ultra-Deep Find in Angola's Block 31 10/1/2009 4:31:20 PM Angolan national oil company Sociedade Nacional de Combustíveis de Angola (Sonangol) and BP announced an oil discovery in ultra-deepwater block 31, offshore Angola. This is the nineteenth find made in this block. StatoilHydro holds a 13.33% stake in block 31. The discovery,... Transocean Rig Deepwater Horizon Extension 9/29/2009 8:23:37 PM Transocean Ltd. (NYSE:RIG) announced that its ultra-deepwater semisubmersible rig Deepwater Horizon has been awarded a three-year contract extension by a subsidiary of BP p.l.c. (NYSE:BP) for operations in the U.S. Gulf of Mexico commencing in September 2010. Estimated contracted revenues related to... Italy Eni Buys Exploration Licences in Ghana 9/29/2009 1:04:00 AM According to a Sept 28 report from Reuters, Italy's oil and gas major Eni (ENI.MI) has bought majority stakes in two offshore exploration licenses in Ghana, making a return to potentially oil-rich African country, Eni said in a statement. (Source: Reuters)  ... 1 2 3 4 5 6 7 8 9 10 ...