Business & Finance
UK: Wood Group Issues Q1 Pre-Close Trading Update
John Wood Group PLC (”Wood Group”) issues the following pre-close trading update for the six months to 30 June 2012. Results for the first half will be released on 21 August 2012. The Group has delivered good growth in the year to date and remains confident of achieving full year performance in line
Det Norske to Complete Drilling on Clapton Prospect (Norway)
Det norske is as partner about to complete drilling operations on exploration well 2/8-18S on the Clapton prospect in PL 440S. The well is located about five kilometers east of Eldfisk East field and ten kilometers north of the Valhall field. The reservoir contained no hydrocarbons of producible qua
Sietas Group Germany: Final Negotiations with Buyers Get Underway
In its meeting today the board of creditors decided on solutions involving industrial partners. The individual offers for the three companies of the Sietas Group are higher in total than the overall offer submitted and also offer greater security for the future, since they involve strategic investor
HT and German Design Company to Develop OFTV
Hantong Group and a German design company recently has signed a contract in Hamburg for co-operating designing the offshore foundation transportation vessel (hereunder referred as OFTV), to secure the smooth delivery of Hantong manufactured offshore foundations in time. The design would be optimized
Keppel O&M Shipyards in USA and Azerbaijan Secure Projects Worth Total of USD 70 Mln
Keppel Offshore & Marine’s (Keppel O&M) yards in the U.S. and Azerbaijan have secured contracts worth a total of about US$70 million. In the US, Keppel AmFELS LLC, has secured a contract from Transocean Offshore Deepwater Drilling Inc. (Transocean) to repair and upgrade the semisubmersible (semi) ri
Keppel Secures Contracts from Transocean and BSC
Keppel Offshore & Marine’s (Keppel O&M) yards in the U.S. and Azerbaijan have secured contracts worth a total of about US$70 million. In the US, Keppel AmFELS LLC, has secured a contract from Transocean Offshore Deepwater Drilling Inc. (Transocean) to repair and upgrade the semisubmersible (semi) ri
Norway: DeepOcean Wins Pre-Cut Trenching Contract
DeepOcean announces the multi-million pound pre-cut trenching contract award with Statnett & Energinet.dk on the Skagerrak 4 HVDC Submarine Interconnector Project. DeepOcean will provide the engineering and project management for the pre-cut trenching workscope in Denmark, which is expected to comme
Norway: Apply Appoints Peder Sortland as CEO
Sortland,(49) currently the CEO of Ross Offshore has more than 20 years experience from the oil & gas industry. Prior to Ross, Sortland has held roles as the CEO of Subsea Technology Group and as Regional Vice President for Subsea7 in Norway. Sortland spent 18 years in Statoil predominantly in areas
Norway: Successful Tie-In of Fifth Pipeline on Statoil’s Troll A Platform
Specialist engineering company, STATS Group, has completed an 18 month design, manufacturing and installation project to enable the tie-in of a fifth pipeline on Statoil’s Troll A Platform. Statoil’s Troll A platform, located off the west coast of Norway, utilises a system of seal tubes to tie-in ri
Cyprus: SeaBird Signs Agreements for Sale of USD 4 Mln From Its Multi-Client Library
SeaBird Exploration Plc announces that it has signed agreements for the sale of approximately USD 4 million from its multi-client library. The Voyager Explorer shallow water 3D job in Mozambique has been extended into August 2012 under the current contract. The Aquila Explorer has just completed a s
Hertel to Deliver Additional LQ to Shell’s Draugen (Norway)
Hertel Offshore, part of the international multi-disciplinary industrial services company Hertel, has recently signed a contract for the EPC delivery of the Shell Draugen Additional Living Quarter. The Living Quarter will accommodate 44 people and will be designed according to the Norsok standards.
Belgium: GeoSea Signs Contract for Northwind Offshore Wind Farm
GeoSea, subsidiary of the Belgian DEME Group and specialising in offshore constructions, has just signed a contract with Northwind NV for the construction and installation of foundations for Northwind’s offshore wind farm project off the Belgian coast. The project includes the installation of 73 ste
Switzerland: ABB Secures Order from Samsung Heavy Industries
ABB, the leading power and automation technology group, recently won an order worth $80 million from Samsung Heavy Industries to supply energy efficient drives, motors and electrical power systems for five drilling vessels and two liquefied natural gas (LNG) carriers to be built at Samsung’s shipyar
Norway: STATS Group Enables Tie-In of Fifth Pipeline on Statoil’s Troll A Platform
Specialist engineering company, STATS Group, has completed an 18 month design, manufacturing and installation project to enable the tie-in of a fifth pipeline on Statoil’s Troll A Platform. Statoil’s Troll A platform, located off the west coast of Norway, utilises a system of seal tubes to tie-in ri