Oil & Gas

The Department of the Interior's Bureau of Ocean Energy Management announced that its Western Gulf of Mexico Oil and Gas Lease Sale 218, held today in New Orleans, attracted $337,688,341in high bids. Twenty companies submitted 241 bids on 191 tracts comprising over a million acres offshore Texas. The sum of all bids received totaled $712,725,998. This announcement is consistent with ...

Rolls-Royce has won a £15 million order, to provide the design, integrated power and propulsion systems and deck equipment for two offshore service vessels for shipowner Island Offshore. The contract includes an option for an additional four vessels.Per Kristian Furø, Rolls-Royce, General Sales Manager – Offshore said: "We have worked very closely with Island Off ...

Exports of U.S. LNG could be headed for India. Cheniere Energy Partners, L.P. (NYSE Amex: CQP) announced today that its subsidiary, Sabine Pass Liquefaction, LLC has entered into an agreement that will see GAIL (India) Limited purchase approximately 3.5 million tonnes per annum of LNG from liquefaction train four at the Sabine Pass LNG terminal. Prior to the co ...

Rolls-Royce has secured an order to design and equip two offshore supply vessels for Aberdeen, Scotland, based Gulf Offshore North Sea Ltd. The value of the contract to Rolls-Royce is approximately GBP 10 million. The newbuilding order for the two vessels was ...

Singapore's Keppel FELS shipyard is on course to deliver ENSCO 8505, the sixth of seven ENSCO 8500 Series ultra-deepwater semisubmersible (semi) drilling rigs to Ensco (NYSE: ESV) safely, on time and within budget.  The rig is expected to be completed in the first quarter of 2012 with zero lost-time incidents in over five million man-hours worked. Upon comp ...

Siemens Industry, Inc. says that it has improved upon its popular Siship Blue Drive with the launch of its Blue(TM) Drive Plus C system, a new diesel electric propulsion system now available in the United States.Developed by Siemens Marine Solutions Global Center of Competence in Trondheim, Norway, the system is said to "offer an alternative to pricier, less energy ...

The Bureau of Ocean Energy Management (BOEM) has approved a supplemental Exploration Plan (EP) submitted by BP for deepwater oil and gas activities. BOEM conducted a site-specific Environmental Assessment (EA) of the activities described in the plan. This is the 44th plan that has been approved following the completion of a site-specific EA since stronger regulations were implem ...

GulfMark Offshore, Inc. (NYSE: GLF) is adding three vessels to the vessel construction program it announced in August. The construction program is designed to provide the company with vessels of the right size and with the right capabilities to match the emerging long-term requirements of our customers.The ...