Search results for: Telemark

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  • 1 December 2011
    Business & Finance

    ATP Oil & Gas Corporation today announced it sold its interest in the deep rights (below 23,499 TVDSS) in one of its Telemark Hub properties to a third party for an undisclosed amount resulting in an estimated gain of $26 million. In addition to the cash proceeds, ATP retained a 1% overriding royalty interest. Leland […]

  • 12 October 2016
    Business & Finance

    Subsea technology company Optime Subsea Services and Telemark Technologies have agreed to merge. As part of the merger, the Norwegian industrial investment company Holta Invest becomes the largest single shareholder in Optime Subsea Services.  The merger, a result of an existing partnership between the two companies, is expected to be finalized by the end of the […]

  • 1 June 2012
    Business & Finance

    ATP Oil & Gas Corporation today announced that it has resumed recompletion operations at the Mississippi Canyon (MC) 941 A-2 well at the company’s Telemark Hub. The recompletion was suspended while the company recovered a piece of tubing that was stuck in the casing. All of the tubing has now been removed from the casing. […]

  • 25 August 2011
    Business & Finance

    ATP Oil & Gas Corporation yesterday announced first oil production at its Mississippi Canyon (“MC”) Block 941 A-2 (#4) well in the deepwater Gulf of Mexico. The MC Block 941 A-2 well is located on the Mirage Field and is the third well brought on production at the Telemark Hub location utilizing the ATP Titan […]

  • 29 February 2012

    ATP Oil & Gas Corporation has reported first oil production at its Mississippi Canyon (“MC”) Block 942 A-3 (#2) well, the fourth well at its Telemark Hub. The oil production rates are gradually being increased as the well goes through the initial stages of production. The early production rate performance has met expectations and the […]

  • 9 July 2012
    Business & Finance

    ATP Oil & Gas Corporation today announced the completion of the workover at its Mississippi Canyon (“MC”) Block 941 A-2 well located in the Mirage Field at the Telemark Hub. The well was completed with 3 ½ inch tubing at a measured depth of 17,140 to 17,401 feet to add the Miocene B Sand completion […]

  • 25 August 2011
    Business & Finance

      ATP Oil & Gas Corporation yesterday announced first oil production at its Mississippi Canyon (“MC”) Block 941 A-2 (#4) well in the deepwater Gulf of Mexico. The MC Block 941 A-2 well is located on the Mirage Field and is the third well brought on production at the Telemark Hub location utilizing the ATP […]

  • 11 June 2012
    Business & Finance

    ATP Oil & Gas Corporation, an international offshore oil and gas development and production company with operations in the Gulf of Mexico, Mediterranean Sea and the North Sea, today announced that it has resumed production at the ATP Titan platform which services the company’s Telemark Hub. Production from the ATP Titan, shut-in since May 14, resumed […]

  • 8 November 2011
    Business & Finance

    ATP Oil & Gas Corporation yesterday announced an operations update: Drilling operations at the fourth Telemark Hub well at Mississippi Canyon (MC) Block 942 #2 are complete. ATP encountered 167 feet of new net pay sands above pre-drill estimates. These sands are in addition to the 72 feet of logged net oil pay seen in […]

  • 11 October 2016
    Business & Finance, Project & Tenders

    Optime Subsea Services, a provider of subsea well access systems technology and services, has announced a merger with Telemark Technologies. The two Norwegian companies are merging into Optime Subsea Services. As a part of the merger Holta Invest becomes the largest single shareholder in Optime Subsea Services, the company informed. Offices in Notodden and Houston […]

  • 11 October 2010
    Business & Finance

    ATP Oil & Gas Corporation announced first oil production at its Mississippi Canyon 941 #3 well in the deepwater Gulf of Mexico. The initial rate and associated pressures exceeded original expectations and the well established a rate in excess of 7,000 Boe per day. The Mississippi Canyon 941 #3 well is located on the Mirage […]

  • 20 March 2011
    Business & Finance

    ATP Oil & Gas Corporation announced that it has received a permit to resume drilling the Mississippi Canyon (“MC”) Block 941 #4 well in the deepwater Gulf of Mexico. “This permit for the ATP Titan drilling and production platform is the first for a stationary deepwater facility since deepwater drilling was allowed to resume on […]

  • 9 January 2008

    Wärtsilä signed in December a EUR 9.5 million contract with Norwegian ferry operator New Kystlink AS for an overhaul project of Kystlink’s ‘Pride of Telemark’ ferry. This contract emphasizes Wärtsilä’s strength to be the total service provider. The scope of the project includes a complete electrical system installation, the removal and major overhauling of five […]

  • 26 May 2011
    Business & Finance

      ATP Oil & Gas Corporation today announced that it has completed the drilling phase of deepwater Mississippi Canyon (“MC”) Block 941 A-2 well located at ATP’s Telemark Hub, and all pay sands in the MC 941 A-1 well were present essentially confirming pre-drill estimates. The main pay sands are approximately 500 feet structurally higher […]

  • 22 June 2016
    Equipment

    Hydroid, a subsidiary of Kongsberg Maritime, announced the installation of a new subsea hyperbaric testing system (HTS) at its manufacturing facility in Pocasset, Massachusetts. The testing system simulates hydrostatic pressures found at depths up to 6,000 meters and will be used to test Hydroid’s autonomous underwater vehicles (AUVs) and other marine robotics products to ensure […]

  • 24 August 2010

    ATP Oil & Gas Corporation  Chairman and CEO T. Paul Bulmahn will present on Wednesday, August 25th at EnerCom’s The Oil & Gas Conference in Denver. During a live webcast beginning at 10:30 a.m. MT, Mr. Bulmahn will discuss ongoing projects at the Telemark and Gomez hubs, and other ATP Gulf of Mexico projects. He […]

  • 15 April 2016
    Business & Finance, Equipment

    NLI Subsea, a part of private investment company Ard Group, has appointed Øyvind Frydenberg as the company’s new chief executive officer (CEO). Frydenberg (48) has been CEO of Dresser-Rand AS, CEO of FMC Kongsberg Metering AS and has also held several leadership positions in FMC. He is a mechanical engineer from Kongsberg College of Engineering […]

  • 6 December 2011
    Business & Finance

    The recovery for oil and gas drilling operations in the Gulf of Mexico remains slow this year. A study by Quest Offshore Resources shows that the number of active rigs in the Gulf is currently 37 percent less than before last year’s Deepwater Horizon disaster due to slow permitting and steep regulation. Recent measures taken […]

  • 17 February 2011
    Business & Finance

      Grenland Group has entered contract with Statoil for delivery of Front End Engineering and Design (FEED) in connection with upgrade of drilling facilities on Gullfaks B (GFB DU FEED). The value of the contract is around NOK 25 million, and the work starting immediately, will be executed at the company’s offices in Sandefjord. The […]

  • 15 November 2010
    Business & Finance, Equipment

    Grenland Group is contracted to deliver one integrated template structure and one manifold for FMC Technologies at Kongsberg. The total weight for the delivered structures will be approximately 350 tonnes. FMC Technologies recently signed an agreement with Statoil for the delivery of subsea production systems to the Katla field. Katla is an offshore oil and […]

  • 23 August 2010
    Business & Finance, Equipment

    Grenland Group has received a letter of intent from FMC Technologies to fabricate and deliver one manifold and foundation, as well as two protection structures. The equipment is part of FMC’s recent agreement with Gazprom Dobycha Shelf LLC to manufacture and supply subsea production equipment for the Kirinskoye field. Grenland Group will begin work at […]

  • 2 November 2016
    Equipment, Project & Tenders

    Optime Subsea Services has signed a contract with an undisclosed US-based customer to supply a new hyperbaric testing system (HTS) that simulates hydrostatic pressures found at water depths up to 14,000 meters. The 20,000 psi hyperbaric pressure vessel will be manufactured at Optime Subsea Services headquarters at Notodden, Norway. The contract was awarded after a […]