Technology
Ferguson Modular Ltd announced a major £1million (AU$2.5 million) contract award from Woodside Energy Ltd, Australia’s largest independent oil and gas operator. 
Omni Energy Services Corp’s wholly-owned subsidiary, Rig Tools, Inc. (RTI) has been awarded a long-term contract to provide certain rental equipment and related services to a large independent oil and gas company operating in the Barnett Shale area of Texas. 
High Arctic Energy Services Trust has been awarded a five-year contract with Kuwait Oil Company (KOC), the country's national oil company, to provide services for workover operations. 
New underwater “radio” technology to tell valves when to shut-off, help divers communicate and otherwise eliminate some connector technology has been given development help. 
Superior Offshore International, a leading provider of subsea construction and commercial diving services on the outer continental shelf of the Gulf of Mexico, has been designated the preferred diving operations contractor for Heerema Marine Contractors, or HMC, for work on both the Independence Hub and the Neptune tension leg platform. 
TransAtlantic Petroleum Corp. announces that the SGU #96 well on the Company's South Gillock project in Galveston County, Texas has been drilled to total measured depth of 9,860 feet (9,764 feet TVD). 
SCAN Geophysical ASA (SCAN) has agreed to sell its three new building high capacity 3D vessels, including complete seismic equipment, to Ship Finance International Limited (Ship Finance) based on a total price of USD 210 million, or USD 70 million per vessel. The agreement includes a lease-back over 12 years with purchase options after 6, 10 and 12 years. 
Jacobs Engineering Group Inc. is providing the 2007 front end engineering and early stage procurement services for BP's San Juan Basin project. 
MODEC announced that the FSO Ta'Kuntah has surpassed the milestone of 800 million barrels of crude oil offloaded to export tankers. 
Norwegian cylindrical oil platform builder Sevan Marine will expand its fleet of four “rigs” under construction to five under a deal reached with two Chinese yards, while securing hulls for a No. 6 and No. 7. 
Transmeridian Exploration Incorporated plans to review strategic alternatives for its South Alibek field in Western Kazakhstan. The field represents substantially all of the assets of the company. Strategic alternatives include the sale of a partial or complete interest in the field, a farm-in arrangement or a sale of the company in its entirety. 
Nexus Energy Limited has completed a preliminary resource evaluation for the Crux field incorporating the results of the Crux-2 well. The company has also undertaken an economic review of the project across a range of development scenarios utilising costs from recently completed front end engineering and design (“FEED”) work. 
Norwegian survey outfit, EMGS, has ordered a sixth oceangoing ship to carry its touted Seabed Logging equipment to oil companies and countries worldwide, the company declared Wednesday. 
Toreador Resources Corporation today announced full year and fourth quarter 2006 financial results, and provided an operational update. 
The Directors of Europa Oil & Gas (Holdings) plc provides an operational update on some of the Company's near-term exploration activities. The Company is currently anticipating spudding 3 wells in the next 3 months and expecting at least another 2 further wells in its 2007 drilling programme. |
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