Business & Finance
STX Finland Inks Contract with Eide Marine Services for Two Well Intervention Vessels
STX Finland Oy and Eide Marine Semi AS, a subsidiary of Eide Marine Services A/S, have signed a contract for the outfitting, completion and delivery of two highly sophisticated well intervention vessels with an aggregate contract value exceeding EUR 300 million. The technically advanced well interve
STX Finland to Build Two Well Intervention Vessels for Eide Marine Semi AS
STX Finland Oy and Eide Marine Semi AS, a subsidiary of Eide Marine Services A/S, have signed a contract for the outfitting, completion and delivery of two highly sophisticated well intervention vessels with an aggregate contract value exceeding EUR 300 million. The technically advanced well interve
Russia: Rosneft Gets Clearance to Buy More Offshore Assets in the Arctic
Russia’s competition body has approved a request from the country’s top crude producer Rosneft to acquire more offshore assets,… By Vladimir Soldatkin (Reuters) [mappress] Source: Reuters, September 8, 2011;
Norway: DeepOcean Wins Contract for ‘Edda Flora’ Vessel
DeepOcean AS, a subsidiary of DeepOcean Group Holding AS has been awarded a 1 year option by Statoil for the vessel Edda Flora under the existing frame agreement for Inspection, Maintenance and Repair (IMR) the company holds with Statoil. Edda Flora is now committed until 1st December, 2012. The awa
The Netherlands: European Commission to Bring Forward New Measures Package for Ports in 2013
Visiting the port of Rotterdam today, European Commission Vice-President Siim Kallas responsible for Transport announced his intention to bring forward in 2013 a package of proposals to help ports remain competitive and support the huge potential for growth in the port sector. The Vice President und
Norway: DeepOcean AS Secures Contract for Edda Flora Vessel
DeepOcean AS has been awarded a 1 year option by Statoil for the vessel Edda Flora under the existing frame agreement for Inspection, Maintenance and Repair (IMR) the company holds with Statoil. Edda Flora is now committed until 1st December, 2012. The award represents a significant addition to Deep
Offshore Energy 2011: Executives GDF Suez, Chevron and Shell/NAM Discuss Future of North Sea Gas
Top representatives of GDF Suez E&P Nederland, Chevron E&P Netherlands and NAM, the joint venture of Shell and ExxonMobil, share their vision on the future of North Sea gas production during the Offshore Energy conference. The conference will take place on 11 and 12 October in Amsterdam and will run
UK: RBG, Apache Extend North Sea Working Relationship
RBG has secured a major £30million two year contract extension to provide Apache North Sea Limited (“Apache”) with fabric maintenance and deck crew services. The contract, which RBG has held since 2008, will see the continued delivery of a wide range of integrated services, including coatings specif
Poland’s Minister of Infrastructure Visits DCT Gdansk
DCT Gdansk welcomes Poland’s Minister of Infrastructure Cezary Grabarczyk visited the container terminal yesterday. After welcoming President Lech Walesa, the Prime Minister and deputy Prime Minister in recent months, DCT Gdansk, the Polish container terminal, played host once again to one of the mo
UK: Statoil Back on Track with Mariner and Bressay Offshore Projects
The concept chosen for the Mariner heavy oil project on the UK continental shelf includes a production, drilling and quarter (PDQ) platform based on a steel jacket, with a floating storage unit (FSU). Statoil expects a final investment decision in late 2012 and first oil in late 2016. The Bressay he
Offshore Energy 2011: Executives GDF Suez, Chevron and Shell/NAM Discuss Future of North Sea Gas
Top representatives of GDF Suez E&P Nederland, Chevron E&P Netherlands and NAM, the joint venture of Shell and ExxonMobil, share their vision on the future of North Sea gas production during the Offshore Energy conference. The conference will take place on 11 and 12 October in Amsterdam and will run
Subsea 7 Wins USD 60 Million SURF Contract Offshore Norway
Subsea 7 S.A. announced today the award of a SURF contract valued at approximately $60 million from Det norske oljeselsakp ASA, for tie-back of two satellite wells in the Jette field to the Jotun B platform. The contract is for the engineering, procurement, fabrication and installation of a 6km flex
August Production in Norway Slightly Down
Preliminary production figures for August 2011 indicate an average daily production of about 1 957 000 barrels of oil, NGL and condensate. This is a decrease of 80 000 barrels compared to July. Gas production was about 7.9 billion Sm3, which is 0.6 billion Sm3 more than the previous month. The avera
Norway: Rocksource Spuds Well at Phoenix Prospect
Rocksource ASA announced today that the drilling rig “Borgland Dolphin” has commenced drilling on the “Phoenix” prospect in PL 559 in the Norwegian Sea. Phoenix is interpreted as an extension of the nearby Linerle discovery with a shared Oil Water Contact (OWC) The PL 559 partnership consists of Roc