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North Sea Could Save Scotland’s Economy

Nov 06, 2009

According to a Nov. 6 report from The Press and Journal, Scottish businessman, Sir Ian Wood, said the North Sea oil and gas industry could be the saviour of the

Shell’s Successful South African Offshore Bid

Nov 05, 2009

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.

IRS Focuses on Foreign Vessels Evaiding Taxes

Nov 03, 2009

The Offshore Marine Service Association (OMSA) applauded the Internal Revenue Service’s (IRS) recently posted directive to field officers establishing an

StatoilHydro becomes Statoil

Nov 02, 2009

StatoilHydro ASA changed its name to Statoil ASA with effect from Nov. 1. The ticker symbols will remain unchanged as STL on the Oslo Stock Exchange and STO on the New York Stock Exchange.

Keppel FELS Delivers Rigs Early

Oct 27, 2009

Keppel FELS Ltd (Keppel FELS) has delivered two rigs safely, ahead of schedule and within budget to owners. The KFELS B Class jackup rig, Greatdrill Chitra,

Keppel Constructs First FPSO for GOM

Oct 26, 2009

Keppel Shipyard Limited (Keppel Shipyard) is on track to deliver the first floating production storage and offloading (FPSO) vessel for the US Gulf of Mexico (GoM) to BW Pioneer Ltd,

Topaz Breakthrough in Turkmenistan

Oct 25, 2009

Topaz Energy and Marine, through its subsidiary BUE Turkmenistan, announced the award of a $14m contract with MMHE (Malaysian Marine Heavy Engineering). MMHE is

Petrobras 10000 Begins 10-Year Contract

Oct 21, 2009

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.

Harvey Bisso Launches Subsea Venture

Oct 21, 2009

Harvey Bisso Subsea has launched operations to provide subsea services to the energy and maritime industries. The new subsea venture combines the expertise, resources

StatoilHydro Developments Paying Off

Oct 20, 2009

Better drilling methods are making the single biggest contribution to improving recovery from Norway’s offshore fields. A number of solutions adopted by StatoilHydro

Cnooc in Talks for Leases in U.S. Gulf

Oct 19, 2009

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,

Frigg Area Yields More Crude

Oct 15, 2009

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

Gulf Coast Ocean Policy Task Force Public Meeting

Oct 12, 2009

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,

J. Ray McDermott Installation for LUKOIL

Oct 12, 2009

J. Ray McDermott’s Caspian subsidiary has completed installation of offshore facilities at the Yuri Korchagin field for OOO LUKOIL-Nizhnevolzhskneft (LUKOIL),

MTNW Supports Frontier Drilling

Oct 11, 2009

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,

Swire Oilfield Services invests in North Sea

Oct 07, 2009

Swire Oilfield Services, a leading supplier of specialist offshore cargo carrying units (CCU), is defying market conditions by establishing Aberdeen, UK as a Centre

Gulf Marine Introduces the Endurance

Oct 07, 2009

A uniquely designed self-propelled self-elevating jack-up barge is currently under construction in Abu Dhabi, UAE, and, once delivered, will be one of the most

ITS $55M Investment from Lime Rock

Oct 06, 2009

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

Axis Bank Cancels Great Offshore Oil Rig Funding

Oct 06, 2009

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

Bill Includes $5M to Study Offshore Wind

Oct 06, 2009

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

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