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ATCO secures EUR 76M subcontract on Wheatstone Pro

21 May 2013

ATCO Structures & Logistics Pty. Ltd has entered into an agreement with Bechtel to design, manufacture, transport and install 357 modular units for the Chevron-operated Wheatstone Project in Western Australia.... Read more...

Monax Mining targets copper with gravity survey

21 May 2013

Monax Mining has started a gravity survey at its Algebuckina Designated Project in northern South Australia as part of its alliance with Chilean copper producer Antofagasta. The gravity survey will take about two weeks to complete with drilling planned for the Q3 2013.

Algebuckina comprises five tenements covering an area totalling 2,663km2.... Read more...

Besra resumes gold mine operations

21 May 2013

Dual listed Besra has resumed normal operations at its Phuoc Son gold mine in central Vietnam following 5-day shutdown. Despite the production down time resulting from this event, Besra expects to meet its market guidance of 60,000 ounces to 65,000 ounces of gold for the financial year ending June 30th 2013.

The company had shutdown the mine on May 7th 2013 due to a blockage of the access road to the site by a number of individuals from the local community.... Read more...

FMC Technologies receives USD 26M order

21 May 2013

FMC Technologies, Inc. has received an order from ConocoPhillips Australia Pty. Ltd. for the supply of subsea equipment for its Bayu Undan Phase 3 project with an estimated value of USD 26M. The Bayu Undan field is located in the Timor Sea, approximately 450km northwest of Darwin, Australia.... Read more...

Daybreak’s 2nd well in drilling program

21 May 2013

Daybreak Oil and Gas, Inc., a Washington corporation, has announced the results of the second well in the current drilling program at the East Slopes Project in Kern County, California. The Bear #6 well was drilled to 2,153ft and estimated to have approximately 25ft of oil pay in the Vedder Sand.... Read more...

The IADC announces annual North Sea safety awards

21 May 2013

The International Association of Drilling Contractors (IADC) North Sea Chapter recognised the very best in safety performance at its annual Safety Awards Ceremony held in Aberdeen.

“The Safety Awards Dinner is our opportunity to applaud the continous efforts of our workforce who strive daily to achieve the safest working environment possible,” said North Sea Chapter Co-Chairman, Mr Darren Sutherland of Prospector Offshore Drilling “This year’s event is particularly noteworthy as we celebrate the Chapter’s 40th anniversary and commemorate the 25th anniversary of Piper Alpha – a tragic event that initiated a significant overhaul of the North Sea safety regime.” The current joint chairmen Gavin Sutherland of KCA Deutag Drilling and Darren Sutherland also spoke of the recent growth of activity in the North Sea and the ever increasing demand for skilled personnel.

Awards based on safety performance in 2012 were announced with Northern Offshore and Ensco winners in the Jack-ups category; Noble Drilling and Stena Drilling in the Semi-submersibles category; Archer in the Platforms; and Stena Drilling also winners in the Drillship category.... Read more...

Azure Minerals starts Mexican metals drilling prog

21 May 2013

Azure Minerals has started drilling 24-hole drilling program totalling 2,800m at its Cascada copper prospect of the Promontorio copper, gold, silver project in Chihuahua Mexico. This follows up on an intercept of 70m at 2.7% copper equivalent from 41.9m from the last drilling program.... Read more...

Geopark announces successful award of 7 new licens

21 May 2013

GeoPark Holdings Limited, a Latin American oil and gas explorer, operator and consolidator with operations and producing properties in Chile, Colombia and Argentina, has been awarded seven new licenses in the Brazilian Round 11 held yesterday.... Read more...

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