Americas offshore
Baker Energy, a unit of Michael Baker Corporation announced that the U.S. Department of Interior's Minerals Management Service (MMS) has recognized Baker’s dedication to safe and responsible operations with three District-level 2006 Safety Awards for Excellence (SAFE), in the Production Contractor category, for the Gulf of Mexico Outer Continental Shelf (OCS) region. 
Pakistani National utility Sui Southern Gas Company Ltd. has chosen Shell, Total and ENI among some seven others to build its first import terminal for liquefied natural gas, it was learned today. 
Shallow-water driller TODCO of Houston has secured a two-year drilling contract with Mexican oil company Pemex for “THE 2005” rig on the U.S. Gulf Coast, it was learned Wednesday.
EnCana alots C$200M for Deep Panuke pipeline Mar 6, 2007
Canuck operator EnCana has asked Canadian regulators to greenlight two drawings it has for moving offshore Deep Panuk gas onshore, including a C$200-pipeline to Maritime Canada and onward to U.S. customers of the Eastern Seaboard. 
Bergen-, Norway based Petrolia Drilling has found high-paying work for one of its rigs by employing drilling contractor and manager, Larsen Oil & Gas Ltd. of Aberdeen, it was understood Monday. 
More than 7.1 million barrels of Royalty in Kind (RIK) crude oil and condensate from Federal leases in the Gulf of Mexico and the Pacific Outer Continental Shelf have been sold to six companies as part of an RIK sale, the Department of the Interior’s Minerals Management Service (MMS) announced today. 
Subsea supplier Oceaneering has posted record 2006 and fourth-quarter profits on the biggest turnover in company industry, as income from remotely operated vehicles and a share of the Medusa Spar lifted fortunes. 
Rolls-Royce has further strengthened its position in South America as a supplier of designs and equipment packages for offshore vessels with contracts for six platform supply vessels (PSV) worth around £45 million, including the first offshore orders from Chile. 
Houston-based Pogo Producing Co. has posted a net fourth-quarter loss of $16.5 million despite revenues of $343 million, as production volumes flat-lined and drilling costs rose. 
Cabot Oil and Gas of Houston has more than doubled net income to $321.2 million on production that shot up five percent and the selling of $145 million in assets, it was learned Friday. 
Houston-based rig giant Transocean has posted fourth-qarter net income of $621 million, more than tripling gains year-on-year on revenues thar rose 16 percent. 
Petrobras and partners Norse Energy and Queiroz Galvão Perfurações have hit 232 metres of net pay at a fifth well developing the Manati site offshore Brazil, it was learned Wednesday. 
Lloyd's Register North America, Inc. has received authorisation from the US Coast Guard (USCG) to review plans and conduct inspections on its behalf for floating offshore installations (FOIs) in US waters, including the Outer Continental Shelf. 
A Norwegian semi-submersible drill rig plying frigid waters in search of oil and gas says a few days stoppage due to a malfunctioning riser have cost the drilling contractor $10 million in day-rate losses. 
Asserting the state improperly turned a contract dispute into a fraud action, Exxon Mobil Corporation today urged the Alabama Supreme Court to overturn a $3.5 billion punitive damages award. The award resulted from a lawsuit regarding payment of Mobile Bay Project royalties to the state. |
||||||||
|
