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Transocean
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Lundin Petroleum AB Announced Its 2014 Development, Appraisal and Exploration Budget
Jan 10, 2014Lundin Petroleum AB (Lundin Petroleum) is pleased to announce its 2014 development, appraisal and exploration budget which totals USD 2.1 billion. The 2014 expenditure on development projects is budgeted at USD 1.4 billion which ...
Tags: Lundin Petroleum, budget, expenditure, budgeted expenditure
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Tullow Oil Norge AS Is in The Process of Completing The Drilling of Wildcat Well 31/3-4
Jan 7, 2014Tullow Oil Norge AS, operator of production licence 551, is in the process of completing the drilling of wildcat well 31/3-4. The well was dry. The well was drilled approx. ten kilometres north of the Troll C facility in the North Sea. ...
Tags: Tullow Oil Norge AS, wildcat well 31/3-4, drilling well
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The 31/3-4 Wildcat Was The First Exploration Well in The 551 Licence
Dec 27, 2013Exploration well 31/3-4 on the Mantra prospect offshore Norway has encountered reservoir quality sands but all intervals were water wet. Det norske is partner in the 551 license with a 20 percent interest. The 31/3-4 wildcat was the first ...
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Norwegian Petroleum Directorate Issued VNG Norge AS a Drilling Permit for Well 6406/12-3 S
Dec 4, 2013The Norwegian Petroleum Directorate has issued VNG Norge AS a drilling permit for well 6406/12-3 S, cf. Section 8 of the Resource Management Regulations. Wellbore 6406/12-3 S will be drilled from the Transocean Arctic drilling facility in ...
Tags: mineral
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Gargantuan Oil Company BP Has Agreed to Pay The Largest Criminal Penalty in U.S. History
Nov 21, 2013It was considered the largest oil-related natural disaster in the history of the world, so it only follows that the fine would be historic too. Gargantuan oil company BP has agreed to pay the largest criminal penalty in U.S. history for ...
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The Jackups Will Be Capable of Operating in Water Depths up to 400 Feet
Nov 18, 2013Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today announced that a subsidiary has awarded contracts to Keppel FELS Limited's shipyard in Singapore for the construction of five Super B 400 Bigfoot Class jackup drilling rigs. The first rig is ...
Tags: Transportation, Logistics
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KONGSBERG Has Been Awarded a Significant Offshore Integrated Monitoring&System Contract
May 28, 2013Kongsberg wins integrated monitoring and control system contract for four drill ships and six options Thursday, May 23, 2013 KONGSBERG has been awarded a significant offshore Integrated Monitoring and Control System contract with Daewoo ...
Tags: Drill Ships, Transportation, Service
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The Mobile Bay Jubilee
May 22, 2013To get an idea of how American coastal waters might look just before they succumb to all the degradations they have suffered these past five centuries, it would be worth taking a July trip to Mobile Bay, an Alabama inlet that feeds into the ...
Tags: Agriculture, Food
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KONGSBERG Has Been Awarded a Significant Offshore Automation Contract with DSME
May 20, 2013KONGSBERG wins contract for deliveries to four drillships Friday, May 17, 2013 KONGSBERG has been awarded a significant offshore automation contract with Daewoo Shipbuilding & Marine Engineering (DSME). The contract covers deliveries to ...
Tags: Kongsberg, Four Drillships
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Karoon Gas Has Decided Against Exercising Its Right to Pre-empt PetroChina's Purchase
Apr 8, 2013Karoon Gas has decided against exercising its right to pre-empt PetroChina's purchase of a 20% stake in the Poseidon gas-condensate discovery off Western Australia, the company said Friday. "By not exercising its pre-emptive right under ...
Tags: Karoon Gas, Australia Gas Field
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BP Is Ready to Defend Itself in Court Over Civil Liability Charges Brought Against It
Feb 21, 2013BP said Tuesday it is ready to defend itself in court over civil liability charges brought against it in the US over the Macondo oil spill after attempts to settle out of court failed. BP late last year agreed with the US Department of ...
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A Federal Judge Approved a $4 Billion Settlement
Jan 31, 2013A federal judge on Tuesday approved a $4 billion settlement hammered out between BP and the US government over the 2010 Macondo disaster in the Gulf of Mexico. US District Court Judge Sarah Vance issued the ruling after hearing ...
Tags: BP, US government, oil
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Driller Transocean Agreed to Pay $1.4 Billion in Fines and Penalties
Jan 4, 2013Driller Transocean has agreed to pay $1.4 billion in fines and penalties and to plead guilty to one count of violating the Clean Water Act in connection with the 2010 Deepwater Horizon explosion and spill in the Gulf of Mexico, the US ...
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Chevron Proposed a Deal to Brazilian Prosecutors to Resolve Real 40 Billion
Dec 19, 2012Chevron has proposed a deal to Brazilian prosecutors to resolve Real 40 billion ($19.17 billion) in outstanding legal actions over the Frade Field oil spill. In the proposal, discussed at a public hearing at federal prosecutors' offices ...
Tags: spill litigation, Chemicals, Chevron
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The Unmistakable First-Class Feeling on The Wrist
Dec 13, 2012The unmistakable first-class feeling on the wrist Breitling Transocean Chronograph Unitime watch is the easiest way to travel by instantly adjusting the timezone of the countries you visit. When changing meridians, just adjust all the ...