Corporate Governance - Offshore Technology

North Energy Receives Barents Sea Licences

cmsadmin — Wed, 23 Feb 2011 18:30:00 +0000

North Energy has been awarded two licences in the Barents Sea.

The post North Energy Receives Barents Sea Licences appeared first on Offshore Technology.

Aker Orders DSME Ultra-Deepwater Drillships

cmsadmin — Wed, 23 Feb 2011 18:30:00 +0000

Aker Drilling has confirmed an order for two ultra-deepwater drillships from DSME for $600m.

The post Aker Orders DSME Ultra-Deepwater Drillships appeared first on Offshore Technology.

Maersk Finds Oil in Carambola B

cmsadmin — Wed, 23 Feb 2011 18:30:00 +0000

Maersk Oil Brasil and OGX have discovered oil in an ongoing Carambola B exploration well situated in the Campos Basin, 80km off the coast of Rio de Janeiro, Brazil.

The post Maersk Finds Oil in Carambola B appeared first on Offshore Technology.

Oil at $98 On Libyan Protest Concerns

cmsadmin — Wed, 23 Feb 2011 18:30:00 +0000

Oil prices rose to over $98 today, following concerns that the current unrest in Libya may spread to other oil-producing countries in the Middle East and Africa.

The post Oil at $98 On Libyan Protest Concerns appeared first on Offshore Technology.

Subsea 7 Signs EPC Contract for Chevron’s Tahiti Phase II

cmsadmin — Thu, 24 Feb 2011 18:30:00 +0000

Subsea 7 has signed an engineering and installation contract with Chevron for the Tahiti Phase II development in the Gulf of Mexico.

The post Subsea 7 Signs EPC Contract for Chevron’s Tahiti Phase II appeared first on Offshore Technology.

Technip to Support Statoil’s Gygrid Project

cmsadmin — Thu, 24 Feb 2011 18:30:00 +0000

Technip will provide support services to Statoil for the Gygrid field development in the Norwegian Sea for €90m ($124m).

The post Technip to Support Statoil’s Gygrid Project appeared first on Offshore Technology.

Oil at $97 on Saudi Hopes to Counter Libyan Supply Cuts

cmsadmin — Thu, 24 Feb 2011 18:30:00 +0000

The price of oil dropped to $97 a barrel today, as Saudi Arabia said that it would offset low supplies in Libya.

The post Oil at $97 on Saudi Hopes to Counter Libyan Supply Cuts appeared first on Offshore Technology.

Chevron to Resume US Deepwater Programme This Year

cmsadmin — Sun, 27 Feb 2011 18:30:00 +0000

Chevron expects to resume its drilling programme in the deepwater Gulf of Mexico before the first half of 2011.

The post Chevron to Resume US Deepwater Programme This Year appeared first on Offshore Technology.

Lundin Drills Earb South Well in Norwegian North Sea

cmsadmin — Sun, 27 Feb 2011 18:30:00 +0000

Lundin Petroleum has started drilling exploration well 25 / 10-11 on the Earb South prospect in the Norwegian North Sea.

The post Lundin Drills Earb South Well in Norwegian North Sea appeared first on Offshore Technology.

Oil at $99 a Barrel on Libyan Supply Cuts

cmsadmin — Sun, 27 Feb 2011 18:30:00 +0000

Oil rose to just over $99 a barrel today as concerns continue about supply falls after Libya reduced its exports.

The post Oil at $99 a Barrel on Libyan Supply Cuts appeared first on Offshore Technology.

Norway Receives $11bn Offshore Field Development Plans

cmsadmin — Mon, 28 Feb 2011 18:30:00 +0000

The Norwegian Ministry of Petroleum and Energy has received plans for development and operation (PDO) on the Ekofisk and Eldfisk fields off Norway that expect Nkr65bn ($11.5bn) of investments.

The post Norway Receives $11bn Offshore Field Development Plans appeared first on Offshore Technology.

Lukoil Consortium to Explore Offshore Romanian Blocks

cmsadmin — Mon, 28 Feb 2011 18:30:00 +0000

A Lukoil Overseas-led consortium is to explore and develop two blocks off Romania under an agreement signed with the National Agency for Mineral Resources of Romania.

The post Lukoil Consortium to Explore Offshore Romanian Blocks appeared first on Offshore Technology.

Statoil Signs Drilling Rig Contract with Odfjell

cmsadmin — Mon, 28 Feb 2011 18:30:00 +0000

Statoil and Odfjell Drilling have signed a contract for Deepsea Bergen that will be valid from June 2012.

The post Statoil Signs Drilling Rig Contract with Odfjell appeared first on Offshore Technology.

Oil Rises Over $97 a Barrel on Middle East Concerns

cmsadmin — Mon, 28 Feb 2011 18:30:00 +0000

Oil touched $97 a barrel today on persisting concerns of supply shortage as protests in the Middle East and North Africa continue.

The post Oil Rises Over $97 a Barrel on Middle East Concerns appeared first on Offshore Technology.

Salamander Raises Reserve Estimates for Thailand Oil Field

cmsadmin — Tue, 01 Mar 2011 18:30:00 +0000

Salamander Energy has revised reserve estimates at its Bualuang oil field off the coast of Thailand.

The post Salamander Raises Reserve Estimates for Thailand Oil Field appeared first on Offshore Technology.

Subsea 7 Wins EPIC Contract

cmsadmin — Tue, 01 Mar 2011 18:30:00 +0000

Centrica Energy Upstream has awarded Subsea 7 an engineering, procurement, installation and commissioning (EPIC) contract from for the flowlines and subsea works on the Ensign Project off the UK.

The post Subsea 7 Wins EPIC Contract appeared first on Offshore Technology.

US Approves First Drilling Permit in Gulf of Mexico Since Deepwater Horizon Disaster

cmsadmin — Tue, 01 Mar 2011 18:30:00 +0000

The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) in the US has approved the first deepwater drilling permit since the Deepwater Horizon explosion and resulting oil spill in the Gulf of Mexico.

The post US Approves First Drilling Permit in Gulf of Mexico Since Deepwater Horizon Disaster appeared first on Offshore Technology.

Oil Hits $99 as Traders Fear Protests will Spread to Saudi

cmsadmin — Tue, 01 Mar 2011 18:30:00 +0000

The price of oil has shot to over $99.00 a barrel as protests in the Middle East and North Africa heighten concerns on supplies from the top oil producing countries in the region.

The post Oil Hits $99 as Traders Fear Protests will Spread to Saudi appeared first on Offshore Technology.

Chevron to Receive Offshore Pipelay Services from EOC

cmsadmin — Wed, 02 Mar 2011 18:30:00 +0000

Chevron subsidiaries Chevron Offshore, Chevron Thailand Exploration and Production and Chevron Pattani are to receive pipelay and platform installation services from EOC.

The post Chevron to Receive Offshore Pipelay Services from EOC appeared first on Offshore Technology.

ExxonMobil and Statoil to Partner for Faroes Offshore Licences

cmsadmin — Wed, 02 Mar 2011 18:30:00 +0000

ExxonMobil Exploration and Production Faroe Islands will acquire interests in three licences off the coast of the Faroe Islands where Statoil owns interests and is the operator.

The post ExxonMobil and Statoil to Partner for Faroes Offshore Licences appeared first on Offshore Technology.