Top News of the Week Feb 18 – 23, 2013
ONGC’s chartered-hired ultradeep water drillship DDKG1, owned by Transocean, has set a world record for drilling well in deepest water depth by an offshore drilling rig.
SBM Offshore was notified by Shell, that in light of unexpected well results, they decided to reassess the development plan for the Fram oil and gas field in the UK North Sea and not to continue with several key contracts associated with this development including the FPSO.
Norway’s DeepOcean AS , a subsidiary of DeepOcean Group, has been awarded the single largest contract in the history of the company since it was founded in 1999.
Statoil and its partners Total and Det norske have awarded Southo Korea’s DSME a contract to build the topsides for the Dagny platform, with Aker Solutions as a major sub-contractor. The total contract value is estimated to NOK 6.1 billion (USD 1.1 billion).
Malaysia-based international offshore oil and gas services provider, Bumi Armada Berhad announced today that its jointly controlled entity, SP Armada Oil Exploration Private Limited (“SP Armada”) has received a Notification of Award ONGC for charter hiring of a Floating Production, Storage and Offloading Vessel (“FPSO”) for the Cluster-7 field in India.