Oceaneering International, Inc. announced it has recently been awarded a contract by Shell for the fabrication and installation of subsea hardware on Shell’s ultra-deepwater Perdido Regional Development project in the U.S. Gulf of Mexico (GOM).
Engineering and fabrication of the hardware to be provided under the contract has commenced. This hardware includes 29 flowline and well [...]
The Abu Dhabi National Energy Company PJSC (TAQA), a publicly listed company on the Abu Dhabi Securities Exchange, announced that its wholly owned subsidiary, TAQA Bratani Limited (TAQA Bratani), has signed a sale and purchase agreement with Shell U.K. Limited and Esso Exploration and Production (UK) Limited (’the Vendors’) to purchase the equity pertaining to [...]
Infinity Energy Resources, Inc., an independent oil and gas exploration and development company, today announced that the regional government council of the Autonomous Region of the Southern Atlantic (”RAAS”) voted to approve the Company’s offshore Nicaraguan exploration and development contracts on July 4, 2008.
“This represents the achievement of a critical objective in our quest [...]
Trico Marine Services, Inc. (NasdaqGM:TRMA) (the “Company” or “Trico Marine”) announced that the Company’s registration statement on Form S-3 (SEC File No. 333-151666), relating to (i) Trico’s previously issued $300 million aggregate principal amount of 6.50% Senior Convertible Debentures due 2028 (the “convertible debentures”), (ii) up to 7,422,069 shares of Trico Marine Common Stock issuable [...]
Atwood Oceanics, Inc. (Houston based International Offshore Drilling Contractor) (NYSE: ATW) announced today that its wholly-owned subsidiary, Atwood Oceanics Pacific Limited, conditionally exercised an option to construct an ultra-deepwater semisubmersible drilling rig to be built based on the Friede & Goldman Ex-D Millennium Dynamically Positioned Semisubmersible rig design with Jurong Shipyard Pte. Ltd. (”Jurong”) in [...]
GulfMark Offshore, Inc. today announced it has closed on the previously announced acquisition of Rigdon Marine. The combined company will initially operate 90 vessels with an additional 16 vessels under construction for delivery through 2010. Geographically diversified, the GulfMark fleet will operate 24 vessels in the U.S. Gulf of Mexico and bring the total Americas [...]
Transocean Inc. today announced that its deepwater moored semisubmersible Transocean Marianas, capable of drilling in water depths up to 7,000 feet, has been awarded a two-year contract by a subsidiary of Eni. The contract is scheduled to commence in December 2009 following completion of the rig’s existing contract commitments in the U.S. Gulf of Mexico.
Estimated [...]
Pride International, Inc. announced it will host an Analyst Meeting on Tuesday, November 18, 2008 from 8:30 a.m. to 12:00 p.m. CT. The meeting will be held at the Omni Hotel in Houston, Texas. Additional details on the meeting, including presenters, topics to be discussed and information on a live internet broadcast will be posted [...]
The number of rigs actively exploring for oil and natural gas in the U.S. this week rose by seven from the week before.
Of the 1,913 rigs running nationwide, 1,530 explore for natural gas, 375 for oil and eight are considered “miscellaneous,” according to Baker Hughes Inc., which tracks rig operations worldwide.
A year ago the [...]
On Capitol Hill, the House approved financial help for mass transit systems facing a surge in riders because of high gas prices. But Republicans blocked Democrats from requiring oil and gas companies to drill on the millions of acres of government land and water on which they already own federal leases.
The House authorized $1.7 billion [...]
