Offshore News: Ivoire-1X Exploration Well on Block CI-100 Encountered a Horizon with High-Quali
Posted by ginamc on Thursday, May 09, 2013 @ 07:05:00 GMT (197 reads)
Total announces that the Ivoire-1X exploration well, located in the western portion of Block CI-100 in 2,280 meters of water, encountered 28 meters of net oil pay in a series of about 100 meters of Cretaceous reservoirs. The oil in the abrupt margin geological play is light 35 API oil.
Offshore News: Hundreds of Millions of Pounds of Tax Revenues to Flow from Mariner, says Oil &
Posted by ginamc on Thursday, February 28, 2013 @ 07:15:00 GMT (422 reads)
Welcoming the Department of Energy and Climate Change’s (DECC) approval to develop the Mariner heavy oilfield, Mike Tholen, Oil & Gas UK’s economics director, said: “We are delighted that the Government has approved this £4.3 billion investment in the UK’s oil reserves.
Offshore News: Total has Received a Firm Offer From Borealis for its Majority Interest in Belgi
Posted by ginamc on Monday, February 18, 2013 @ 07:00:00 GMT (469 reads)
Total has received a firm offer from Borealis for its entire 56.86% interest in Belgium’s Rosier S.A., listed on NYSE Euronext Brussels. A leading international provider of chemical solutions, Borealis is already active in nitrogen fertilizers in Central Europe, as well as in France following its acquisition of PEC-Rhin S.A. in early 2012. Borealis has offered €200 per share for Total’s majority interest.
Offshore News: Oil & Gas UK Welcomes EnQuest’s £169 million Investment in Thistle
Posted by ginamc on Monday, February 11, 2013 @ 07:00:00 GMT (430 reads)
Mike Tholen, Oil & Gas UK's economics and commercial director, said: "Oil & Gas UK is pleased that the tax change made recently by the Government to promote further new investment in the UK's existing oil and gas fields continues to deliver real benefits to the national economy.
Offshore News: Watch Iran’s $40 Million Gas Platform Sink in the Persian Gulf [VIDEO]
Posted by jamesmc on Saturday, February 09, 2013 @ 06:13:01 GMT (247 reads)
Offshore News: Gunmen Ambush Oil Industry Barge in Nigeria’s Delta, Killing 3
Posted by jamesmc on Saturday, February 09, 2013 @ 05:39:05 GMT (396 reads)
YENAGOA (Reuters) – Gunmen ambushed an Indian-owned oil barge on Tuesday as it was being escorted by the military through Nigeria’s Niger Delta region, killing two soldiers and one crew member on the ship, a security forces spokesman said.
The ship belonging to Sterling Global Oil Resources, part of the Sandesara Group conglomerate, was fired on in the Angiama area of the delta, according to Onyema Nwachukwu, spokesman for mixed military and police brigades in the Niger Delta region.
Offshore News: The Need For Wind Farm Construction Vessels Is Growing Rapidly
Posted by ginamc on Friday, January 18, 2013 @ 07:25:00 GMT (498 reads)
2013 marks the start of a period of rapid growth in the windfarm construction vessel market and it coincides with new operational demands that require careful consideration, particularly in the design of jack-up systems. DNV highlights the need for owners and yards to consider both class and flag state requirements when evaluating limited operation designs.
Offshore News: SMD and BORD Sign Joint Venture
Posted by ginamc on Monday, October 22, 2012 @ 07:50:00 GMT (725 reads)
Soil Machine Dynamics Limited (SMD) and Blade Offshore Services Limited (BOS) have completed a deal which sees the creation of a joint venture, SMD-BORD, and joint development of a novel technology for the installation of marine renewables devices on the seabed.
Offshore News: UK Oil and Gas Tax Regime Now Working to Boost Production and Growth
Posted by jamesmc on Friday, October 05, 2012 @ 06:10:00 GMT (507 reads)
Oil & Gas UK’s economics director, Mike Tholen, today (3 October) told a London audience of over 150 that recent changes to the UK oil and gas tax regime will promote investment to the benefit of British jobs, oil and gas production and tax revenues. He was speaking at an Oil & Gas UK breakfast briefing sponsored by Herbert Smith and The Royal Bank of Scotland.
Offshore News: Global Offshore Petroleum Services Ltd expands into the North American Market
Posted by jamesmc on Wednesday, October 03, 2012 @ 06:30:00 GMT (585 reads)
Offshore Survey Specialist, Global Offshore Petroleum Services, LTD has expanded in the North American market by opening a new office in Slidell, Louisiana that will handle operations under the name Global Offshore U.S.A, LLC.
GO Survey has established offices in Egypt and Ghana. The new U.S based office will reflect the companies ongoing worldwide expansion and increased services offered throughout all offices to new and existing clients.
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