Petroleum Geo-Services ASA (PGS) was recently awarded a seismic contract in deepwater Gulf of Mexico. PGS will utilize its proprietary 3-D marine seismic vertical cable technology for the contract awarded by Phillips Petroleum Company in deepwater Gulf of Mexico in the Garden Banks area. The contract will involve one month of high-density data acquisition.
Mr. Breivik will succeed Hilde Merete Aasheim who will leave StatoilHydro on the same date to take up her new position as executive vice president of Aluminium Metal in Norsk Hydro. Gunnar Breivik is currently senior vice president of StatoilHydro's health, safety and environment cluster. Mr. Breivik will continue to hold the responsibility for this field as well. After completing his chemical engineering studies as a chartered engineer at the of Science and Technology (NTNU) in 1981, Mr
ConocoPhillips has completed the merger of Conoco Inc. and Phillips Petroleum Company, following clearance by the U.S. Federal Trade Commission earlier today. Shareholders of both companies and all U.S. and foreign regulatory authorities cleared the merger earlier this year. ConocoPhillips is the third-largest integrated U.S. energy company. On a global basis, it is the sixth-largest publicly held energy company based on hydrocarbon reserves and production
World drilling activity for oil and gas fell 24 percent in 1999 from 1998, but levels should bounce back in 2000, IHS Energy Group said. "In 2000, I expect levels to reach at least those of 1998," said Ian Cross, Asia director for IHS, who produced an IHS report on world drilling activity in 1999. "Some areas in 2000 will be slow to catch up. I think the Far East will be one of them. There is less money going into this region," he said.
Keppel’s yard in Brownsville, Texas, AMFELS Inc. has delivered on time and on budget, a KFELS MOD V “B” class ultra premium jack-up drilling unit to a subsidiary of ENSCO International Incorporated. ENSCO 105 is the second MOD V “B” new generation deep-well drilling rig that has been completed. The total cost of construction and outfitting for the ENSCO 105 was in excess of US$100 million (S$175m), of which work performed by AMFELS formed a major portion.
Northrop Grumman Corporation's Ship Systems sector delivered the tanker Polar Resolution in a brief ceremony at its Avondale Operations in New Orleans, La. Polar Resolution is the second of five 140,000 deadweight (DWT) Endeavour-class double-hulled crude oil carriers Northrop Grumman Ship Systems is building for Polar Tankers, Inc., a wholly owned subsidiary of Phillips Petroleum Company. "The delivery of this second double-hulled tanker underscores our commitment to compete in profitable
Phillips 66 actively offering U.S. crude in Asia. Japan will receive a U.S. crude cargo in May, its second such purchase from the United States since Washington lifted a four-decade ban on crude exports, industry sources said on Wednesday. This will follow the arrival in April of Japan's first crude cargo from the United States, bought by Cosmo Oil Co earlier this year, indicating a growing willingness among Asian refiners to experiment with new grades as they seek to diversify their
Engine manufacturer Perkins hires Andrew Goldspink to succeed retiring general manager Steve Phillips. After 30 years at engine manufacturer Perkins, Steve Phillips has elected to retire from his role as General Manager of the company’s marine facility in Wimborne. Over his years at Perkins, Phillips has held leadership roles in Parts and Service (London), Marine Service Manager for the Asia Pacific region (Singapore), through to his current role as General Manager (Wimborne, UK).
U.S. Navy sailors aboard amphibious assault ship USS Boxer took time to reflect on the anniversary of the rescue of Capt. Richard Phillips from Somali pirates in the Gulf of Aden seven years ago. Phillips was rescued April 12, 2009 by special operations personnel aboard USS Bainbridge and transferred to Boxer for medical evaluation and care. Boxer also served as a staging platform for the rescue operation.
For the first time since his dramatic rescue at sea, Captain Richard Phillips of the Maersk Alabama will publicly thank the commanding officer and crew of the USS Bainbridge during a ceremony in Norfolk, Virginia on November 19. The ceremony will take place on the fantail of guided missile cruiser at 2 p.m. The USS Bainbridge will be moored on the downtown Norfolk waterfront. The Maersk container ship was captured by rogue pirates off the coast of Somalia on April 8
Sweden's Lundin Petroleum has found additional oil and gas near its Alta discovery in the Norwegian Arctic, the firm and the Norwegian Petroleum Directorate said on Tuesday. "The total gross resource estimate for the Neiden discovery is between 25 and 60 million barrels of oil
Iran's gasoline imports decreased from 12 million liters per day (ml/d) in the first half of current fiscal year to 4 ml/d currently, says Seyyed Mohsen Ghamsari, the director for international affairs of the National Iranian Oil Company (NIOC).
General Dynamics NASSCO has delivered Bay State, the fourth of five new Jones Act ECO Class product carriers under contract with American Petroleum Tankers (APT). The vessel was delivered on Monday, September 26 during a signing ceremony at the NASSCO shipyard in San Diego.
General Dynamics NASSCO Christens Fourth ECO Class ECO Product Carrier for American Petroleum Tankers. On Saturday, September 17, General Dynamics NASSCO hosted a christening ceremony for the fourth ECO Class tanker for American Petroleum Tankers (APT) under construction at the company's
Maxum Petroleum's newest bunker vessel Global Provider is currently under construction at Jesse Co. in Tacoma, Wash. and is expected to enter service in January 2017. “The launch of this vessel demonstrates our continued commitment to enhance our service capabilities for our
There is growing concern regarding the environmental impact and associated costs of petroleum based fluid discharges. Petroleum is persistent and toxic. It damages living organisms including plants, animals and marine life for many years. While many believe that the bulk of this environmental
Maritime Exchange for the Delaware River and Bay President Dennis Rochford has announced the tristate port vessel arrival statistics for the first six months of 2016. “On top of last year’s increase in vessel arrivals over 2014 activity
Indian public sector oild giants Oil and Natural Gas Corp (ONGC), Indian Oil Corporation (IOC) and Bharat Petroleum Corp Ltd (BPCL) have booked 60 per cent of the capacity of Swan Energy Ltd. (SEL)'s upcoming floating Liquefied natural gas (LNG) terminal off the Gujarat coast.
Crowley Maritime Corp. today christened the MT West Virginia, its fourth new, Jones Act product tanker for the U.S. coastwise trade, in Philadelphia at Philly Shipyard, Inc. (PSI), the sole operating subsidiary of Philly Shipyard ASA. The West Virginia is LNG ready
Crowley Maritime Corp. took delivery Friday of MT West Virginia, the fourth new Jones Act product tanker built for the company by Philly Shipyard, Inc. (PSI). Crowley will christen the West Virginia on Tuesday at a ceremony at Philly Shipyard.
Shell Petroleum Development Company has declared force majeure (FM) on gas supplies to the Nigeria Liquefied Natural Gas (LNG) export facility on Bonny Island, a spokeswoman said. "The Shell Petroleum Development Company of Nigeria Ltd (SPDC) declared force majeure on gas supply to NLNG on
Venezuelan crude oil sales to the United States rose nearly 4 percent in May to 762,000 barrels per day (bpd) after declining since January amid falling output and delays at the country's main oil port, according to Thomson Reuters data on Tuesday.
South Korean shipyard Sungdong Shipbuilding & Marine Engineering Co. (Sungdong) has won an order from Greece’s Tsakos Energy Navigation (TEN) for two 74,000 deadweight tonnage (DWT) crude-oil carriers with an option for two more.
Algeria’s state-run oil company Sonatrach has awarded two Chinese firms a $40 million deal to deliver a liquefied petroleum gas (LPG) carrier and an option to provide a second vessel, according to a Sonatrach document seen by Reuters.
Greece will conclude the evaluation of deep-sea oil and gas exploration bids in the coming weeks and will name the preferred bidders soon after, its energy minister said on Friday, as the country seeks to tap into its limited oil reserves.