Hardy Wins Contract for Indian Offshore Development

Wednesday, December 21, 2005
Hardy Oil and Gas recently announced that its subsidiary, Hardy Exploration & Production Inc., has entered into an agreement with a subsidiary of Sinvest ASA (the Deep Drilling Invest Group) for the drilling of two wells on the CY-OS2 block, OilVoice reports. The contract term is for a period of two wells, with an estimated duration of around 130 days. The contract is targeted to commence in the second quarter of 2006, drilling to depths of 3,500 m. subsea at a cost of approximately $24 million. The drilling will be performed by Premium Drilling with the unit Deep Drilling I, a new Baker Marine 375 'Pacific Class' jackup designed to work in up to 375 ft. water depths that is currently under construction at PPL Shipyard in Singapore. Hardy is the operator, and holds a 75% working interest, in the CY-OS2 block located in the northern part of the Cauvery Basin. Source:OilVoice
Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

China Unveils Action Plan on Maritime Silk Road

China has unveiled the principles, framework, and cooperation priorities and mechanisms in its Maritime Silk Road initiative in a bid to enhance regional connectivity

JV Wins $2bln Freeport LNG Contract in US

A joint venture (JV) between CB&I, Chiyoda International and Zachry Industrial has won a contract worth over $2bn from FLNG Liquefaction 3 for a liquefied natural

Feds Delay LNG’s Port Ambrose Application

The US Coast Guard and the US Maritime Administration (MARAD) have temporarily suspended their review of the proposed Port Ambrose deep-water LNG import terminal.

LNG

JV Wins $2bln Freeport LNG Contract in US

A joint venture (JV) between CB&I, Chiyoda International and Zachry Industrial has won a contract worth over $2bn from FLNG Liquefaction 3 for a liquefied natural

Feds Delay LNG’s Port Ambrose Application

The US Coast Guard and the US Maritime Administration (MARAD) have temporarily suspended their review of the proposed Port Ambrose deep-water LNG import terminal.

GAIL Seeks 7 LNG Cargoes

GAIL (India) will buy seven liquefied natural gas (LNG) cargoes for delivery from October 2015 until December 2016, according to the tender document obtained by Reuters.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Offshore Oil Pipelines Salvage Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1586 sec (6 req/sec)