Technip will install an electro-hydraulic control umbilical for the Bass Lite in the Gulf of Mexico, a Mariner Energy contract of unspecified value. 
Delmar Systems, Inc. under an EPCI (Engineer, Procure, Construct, Install) contract with Shell Exploration & Production Co., Inc., delivered preset MODU (mobile offshore drilling unit) moorings for the Perdido Deepwater Development located in Alaminos Canyon, Gulf of Mexico. Using the latest in deepwater mooring technology, Delmar provided multiple mooring systems for this development drilling project. 
U.K. independent Empyrean Energy has reported another gas discovery at the Margarita project on the Gulf Coast of Texas, it was announced Tuesday. 
Brazil's Petrobras workers appear to have agreed a five-day strike just as the government announced a report suggesting worldwide oil companies will help investments in the oil province reach $133 billion by 2016, it was learned Tuesday.
Texas producer Universal Energy Resources, Inc has sold all its assets — said to be $650,000,000 worth — to 1st Texas Natural Gas Company, Inc., it was announced Monday. 
A consortium of oilfield infrastructure builders J. Ray McDermott and Fluor has been awarded a contract to engineer, build, install and procure for BG’s offshore Poinsettia project in Trinidad & Tobago. 
Newfoundland and Labrador, one of Canada’s poorest provinces, will demand a minimum five percent equity stake in all future offshore oil projects and will use the money earned to build its own oil company, it learned Wednesday. 
Pemex has hired the PetroRig III, a rig and business of PetroMena, whose major shareholder Larsen Oil & Gas will manage a contract worth $942 million, or 1,825 days of work. 
Aker Kvaerner Subsea will engineer and deliver the Gulf of Mexico deepwater project Noonan for U.S. outfit Helix Energy Solutions, in a $14 million deal. 
BP has shut in 100,000 barrels per day of oil production at its 400,000-bpd Prudhoe Bay field in Alaska after a water pipe leak, it was learned Wednesday. |
||||||||
Superior Offshore has posted a $5.7-million drop in first-quarter net income over the same time a year ago, a $6.2 million result blamed on less day-earnings for its offshore fleet. 
Pilgrim Petroleum Corporation has entered into an RFP for Participation in Exploration, Development and Operations of Oil and Gas Interests owned by The University of Texas. University Lands in Midland, Texas, manages the 2.1 million acres of Permanent University Fund Lands in West Texas. 
Norwegian oil company Hydro (soon to be StatoilHydro) reported Wednesday that its plan for the development of the Peregrino field offshore Brazil has been approved by the Agencia Nacional do Petroleo in Rio de Janeiro. 
Fred Olsen Energy business, Dolphin Drilling, has cut a tentative, five-year, $436-million deal for the semi-submersible Borgny Dolphin. 
Gulfsands Petroleum plc, the oil and gas production, exploration and development company with activities in the U.S.A., Syria and Iraq, is pleased to provide an updated reserves study as of 31 December 2006 for Gulfsands' USA oil and gas properties. 
Houston drilling outfit Baker Hughes Inc. has posted net income of $374.7 million for first-quarter 2007, a 10-percent spike on revenues that rose 20 percent $2.5 billion. 
Entek Energy announces that the stabilized flow rate was 50.5 MMscfD with approximately 384 barrels of condensate per day. 
Paris-based oil company Total has won 32 offshore exploration blocks in an Alaskan lease sale, although the Minerals Management Service must still give the nod. 
Norway-based liquefied natural gas carrier Golar LNG has won two charters with Brazilian oil company Petrobras for the use of Golar Winter and Golar Spirit as floating LNG storage and re-gasification vessels. 
Drilling contractor Noble Corp. has posted $250.3 million in net income for the first quarter of 2007, 72 percent better than the year-ago period on more drilling. |
||||||||
|
