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Latest Offshore Stories

2014-06-26 08:22:44

DUBLIN, June 26, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/xfw6dn/subsea_pumps) has announced the addition of the "Subsea Pumps Market by Type, by Application & by Geography - Global Trends & Forecast to 2018" report to their offering. http://photos.prnewswire.com/prnh/20130307/600769 This report estimates the subsea pumps market in terms of value. The value market is estimated in terms of number of subsea processing projects already...

2014-06-20 08:21:38

NEW YORK, June 20, 2014 /PRNewswire/ -- DryShips, Inc. (NASDAQ: DRYS) is an international provider of ocean transportation services for drybulk and petroleum cargoes through their ownership and operation of drybulk carrier vessels and oil tankers. The company also engages in offshore drilling services through their majority-owned subsidiary Ocean Rig UDW (ORIG), which specializes in the ultra-deepwater and harsh-environment segment of the offshore drilling industry. DryShips operates...

2014-05-16 12:23:56

HOUSTON, May 16, 2014 /PRNewswire/ -- Hyperdynamics Corporation (NYSE: HDY) today announced the settlement of litigation in London involving AGR Well Management Ltd ("AGR"). AGR provided project management services for Hyperdynamics' subsidiary, SCS Corporation Ltd. ("SCS"), in connection with the drilling of the Sabu #1 well offshore Guinea in 2011-2012. SCS will receive U.S. $17.7 million from the escrow account previously established by the parties. The claims by SCS and the...

2014-05-13 16:22:41

VANCOUVER, May 13, 2014 /PRNewswire/ - TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), announces that due to the considerable shareholder and investor interest relating to TAG's $60 million development and exploration program announced on May 7, 2014, the Company will hold a telephone conference call to discuss these operations, in further detail. TAG's fiscal year 2015 capital spending plan is fully-funded. This program consists of low-risk development drilling, which will continue to...

2014-05-13 12:23:47

DUBLIN, May 13, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/bftjqp/subsea_production) has announced the addition of the "Subsea Production & Processing Systems Market by Technology/Components, Types, & Geography - Global Trends & Forecast to 2018" report to their offering. http://photos.prnewswire.com/prnh/20130307/600769 The subsea production and processing systems market report provides an overview of the subsea developments, primary...

2014-05-05 08:22:22

HOUSTON, May 5, 2014 /PRNewswire/ -- Hyperdynamics Corporation (NYSE: HDY) today announced that Tullow Guinea Limited ("Tullow") provided notice to the Government of Guinea and the other members of the Consortium that Tullow has lifted, with effect from 3 May 2014, its declaration of Force Majeure under the Production Sharing Contract (PSC) and the Joint Operating Agreement. Diligent efforts are being made to satisfy the conditions to resuming petroleum operations which include...

2014-04-28 16:23:56

LONDON, April 28, 2014 /PRNewswire/ -- Reportbuyer.com has added a new market research report: ROVs in the Oil & Gas Industry 2013-2023http://www.reportbuyer.com/energy_utilities/oil_gas/rovs_oil_gas_industry_2013_2023.html Report Details The global ROV market has been growing rapidly over the last years. The primary reason for this development has been the advancement in offshore technologies which has lead to the introduction of more complex subsea infrastructure and to an...

2014-04-28 04:20:43

2013 and fourth quarter results published SAINT HELIER, Jersey, April 28, 2014 /PRNewswire/ - In 2013, LONGREACH OIL AND GAS LIMITED (TSXV: LOI) (the Company or Longreach) successfully advanced its exploration programme completing one promising well and setting the stage for a highly prospective second well currently drilling ahead. The Company's first exploration well, Koba-1 on its operated Sidi Moktar exploration licence, encountered very encouraging natural gas resource...

2014-03-18 08:22:45

HOUSTON, March 18, 2014 /PRNewswire/ -- Hyperdynamics Corporation (NYSE: HDY) announced today that it has communicated to the Government of Guinea and Tullow its response to Tullow's assertion without advance notification or discussion of force majeure and suspension of plans to commence drilling of an exploratory well offshore Guinea. Hyperdynamics believes Tullow's unilateral actions are unwarranted and untimely, and that a force majeure event has not occurred. Hyperdynamics...

2014-03-12 00:23:05

DUBLIN, Ireland, March 12, 2014 /PRNewswire/ -- Research and Markets ( http://www.researchandmarkets.com/research/fgnhjd/subsea_production) has announced the addition of the "Subsea Production & Processing Systems Market by Technology/Components, Types, & Geography - Global Trends & Forecast to 2018" [http://www.researchandmarkets.com/research/fgnhjd/subsea_production ] report to their offering. <start_newscom> (Logo:...


Word of the Day
snash
  • To talk saucily.
  • Insolent, opprobrious language; impertinent abuse.
This word is Scots in origin and probably imitative.