Stories

BP in Talks to Sell Stake in Alaska Oil Field

July 12, 2010

According to a July 11 report from companiesandmarkets.com, BP is in talks with Apache Corporation concerning the divestment of $12b of assets. The asset sale would include a large stake in Alaska's Prudhoe Bay, which is the largest oil field in North America.

Venezuela Considers Restarting Caribbean Natural Gas Drilling

June 27, 2010

According to a June 26 report from Reuters, Venezuela is studying offers to restart drilling at an offshore natural gas well in the Caribbean Sea after an exploration platform sank there last month, the country's state-run oil company PDVSA said.

EnerGulf Update Block 1711 Offshore Namibia

June 18, 2010

EnerGulf Resources Inc. announced that the Operating Committee for Block 1711 met in Windhoek, Namibia and has approved a "Work Program" for Year 1 of the Exploration License renewal. The work program will commence immediately and is designed…

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Apache Reports Fire on GOM Platform

January 13, 2010

Apache Corporation (NYSE:APA) reported a fire aboard its East Cameron (EC) 2 processing platform, in La. state waters of the Gulf of Mexico about two miles off the coast of Cameron Parish. The three personnel on the platform, all Island Operating employees, evacuated the platform and were rescued.

CIMAC Circle at Marintec Shanghai

December 14, 2009

CIMAC, the International Council for Combustion Engines took advantage of this year’ s major trade show in the large engine sector to stage the latest in its CIMAC Circle series of forums for information exchange. Chaired by CIMAC board member Yasuhiro Itoh…

J. Ray McDermott Installation for LUKOIL

October 12, 2009

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…

Kitimat LNG, Apache MOU

August 11, 2009

Kitimat LNG Inc. announced that it has signed a memorandum of understanding (MOU) with Apache Corporation to supply natural gas to Kitimat LNG's proposed liquefied natural gas export terminal. The MOU sets a framework for Kitimat and Apache…

Dhirubhai Deepwater KG1 5-Year Contract

August 11, 2009

Transocean Ltd. (NYSE:RIG) announced that the ultra-deepwater drillship Dhirubhai Deepwater KG1 has commenced operations in India under a five-year drilling contract with Reliance Industries Limited. The company currently expects that Reliance…

Bisso Lufesa Performs Platform Inspection

May 22, 2009

Bisso Lufesa, a full-service marine contractor, successfully performed a platform inspection for BPZ Energy off the coast of Northwest Peru. The Bisso Lufesa crew spent about a month aboard the dive support vessel DSV Caballo de Trabajo inspecting…

Deltamarin Wins Contract from Petrobras

April 22, 2009

The Brazilian oil company Petrobras has awarded the Finnish engineering company Deltamarin Ltd the concept study work for their FPDSO development. The contract contains concept design development. "Deltamarin won this contract because we have…

Keppel Delivers 5th Aban Jackup Rig

February 9, 2009

On Feb. 6, Keppel FELS Limited announced that it successfully delivered the jackup drilling rig, Deep Driller 8, to Aban Singapore Pte Ltd (Aban) on time, within budget and without incidents. Deep Driller 8 is the fifth unit to be delivered…

Asia’s First Two Arctic Icebreakers

November 4, 2008

Keppel Singmarine Pte Ltd (Keppel Singmarine) has completed Asia’s first two icebreakers, built for one of the harshest marine frontiers on Earth, the Arctic sea for client, LUKOIL-Kaliningradmorneft (LUKOIL). Mr Charles Foo, Chairman of Keppel Singmarine…

Northwind Marine Boats in S/E Asia Offshore

October 21, 2008

A pair of Northwind Marine’s rough-water diesel-powered A/RIB vessels are operating in the tumultuous seas off the and , servicing floating oil production vessels as far as 60 miles from any beach. They are naval architect designed 36-foot Tow Master Vessel Support Boats—aluminum/rigid-hull…

Golar and Bluewater Partner in Bid for Offshore FSRU Project

July 16, 2008

Golar LNG announced that it has agreed to partner with Bluewater Energy Services B.V in bidding for an offshore LNG FSRU opportunity with 's national oil company, PetroSA. Golar and Bluewater will be equal partners in a joint venture formed specifically for this opportunity.

Keppel Unit Wins Contracts Worth $155.6m

May 8, 2008

Keppel Corp. said Keppel Singmarine Pte Ltd. has won two shipbuilding contracts worth $155.6m, Thompson Financial reported. Keppel Singmarine will build a derrick pipelay vessel for Global Offshore International Ltd, a unit of U.S.-listed Global Industries Ltd.

Wärtsilä and Emerson Announce Expansion

May 8, 2008

Wärtsilä and Emerson Process Management at the Offshore Technology Conference in Houston announced yesterday an expansion of their global offshore alliance. Under this expansion, they can now deliver integrated energy and automation systems…

American Electric Technologies Powers Growing Indian Energy Market

April 21, 2008

American Electric Technologies, Inc., announced two projects with Aban Offshore Limited of . Aban Offshore is 's largest offshore private drilling contractor and their twenty offshore drilling and production units places Aban among the top ten offshore drilling asset owners in the world.

Aker Floating Production Wins $1b Contract

January 11, 2008

Aker Floating Production ASA said it had won a 10-year contract from Reliance Industries Limited worth $1.1b. Aker said Reliance Industries Limited had exercised an option to call a 10-year bare boat contract with Aker's subsidiary Aker Contracting for the FPSO (floating production…

Hercules Offshore Announces Rig Contracts

December 11, 2007

Hercules Offshore, Inc. said that Oil and Natural Gas Corporation Limited (ONGC) has awarded three-year contracts for the Hercules 258 and Hercules 260 jackup rigs for drilling operations offshore India. The contract for the Hercules 258 is…

Total to Begin Offshore Exploration in Bay of Bengal

October 22, 2007

According to a recent Reuters report, European energy major Total SA (TOTF.PA) will begin exploring for hydrocarbons in the Bay of Bengal in November, a senior energy official recently stated. In March this year, Total acquired the major stakes…

Teekay Offshore Raises Distribution; Completes FSO Acquisition

October 3, 2007

Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (NYSE: TOO) announced that its general partner has increased its quarterly cash distribution by $0.035 per unit, from $0.35 per unit to $0.385 per unit ($1.54 annualized) as…

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