Business & Finance
Romania: GSP Expands its Fleet to Support Company’s Decommissioning Services
GSP announces its drilling fleet has been extended up to seven offshore mobile drilling rigs and a modular one. GSP Britannia (ex. Britannia) and GSP Fortuna (ex. G.H. Galloway) entered GSP’s fleet in August. GSP Fortuna is an ABS class three legged independent leg cantilever jack-up rig reaching th
Norway: Havila Shipping Acquires More Shares in Havila Commander and Havila Crusader PSV
Havila Shipping ASA has entered an agreement to acquire 23% of the shares in Havila PSV DIS, bringing the company’s ownership to 97%. Havila PSV DIS owns the two PSVs Havila Commander and Havila Crusader, which are leased to Havila Shipping on 8-year bareboat leases. Havila Shipping acquired 74% of
UK: Innovative Subsea Gadgets and Widgets to Come Under Spotlight at Dragons’ Den Event
Innovative gadgets and widgets which underpin the subsea industry’s cutting-edge technological reputation are to come under the spotlight at… [mappress] Source: SubseaUK, August 31, 2011;
Norway: NPD Gives Nod to Rocksource for Drilling Near Norne Field
The Norwegian Petroleum Directorate has granted Rocksource ASA a drilling permit for wellbore 6608/11-7 S, cf. Section 8 of the Resource Management Regulations. Well 6608/11-7 S will be drilled from the Borgland Dolphin drilling facility in position 66°14’01.32” north and 8°30’47.34” east after comp
UK: Breagh and Clipper South Progressing on Schedule, RWE Dea Says
RWE Dea UK’s field developments Breagh and Clipper South are both progressing on schedule. On a visit to Heerema’s fabrication yard in Zwijndrecht (Netherlands) today, RWE Dea CEO Thomas Rappuhn emphasized the high significance of both projects: “The proven reserves play an important role to signifi
Noreco Announces Gas Discovery in Norwegian Sea
Norwegian Energy Company ASA (Noreco) is pleased to announce that the drilling of exploration well 6407/5-2S in license PL471 in the Norwegian Sea is about to be completed, and has resulted in a small gas discovery. The well objectives were to prove hydrocarbons in the Chamonix prospect, a stratigra
Romania: GSP Adds Two Offshore Rigs to its Fleet
GSP announces its drilling fleet has been extended up to seven offshore mobile drilling rigs and a modular one. GSP Britannia (ex. Britannia) and GSP Fortuna (ex. G.H. Galloway) entered GSP’s fleet in August. GSP Fortuna is an ABS class three legged independent leg cantilever jack-up rig reaching th
Electromagnetic Geoservices to Acquire OHM Surveys Holding (Norway)
Electromagnetic Geoservices ASA (EMGS) has entered into an agreement to acquire OHM Surveys Holding AS (OHM), a marine electromagnetic (EM) acquisition company, from certain funds controlled by Sector Asset Management and Seatrans Group (Euro Trans Skips AS) for USD 15.75 million in a stock-for-stoc
UK: Antrim Energy Submits Causeway FDP
Antrim Energy Inc. , a partner in the Causeway Field located in UKCS Block 211/22a South West Area and Block 211/23d (Antrim 35.5%) announces submission of the final Field Development Plan (“FDP”) to the Department of Energy and Climate Change (“DECC”) and that Board approval has been gained from pa
Scorpio Tanker Successfully Completes Northern Sea Route Voyage
Scorpio Ship Management s.a.m. (“SSM”) recently announced that its managed vessel, STI Heritage, has successfully completed a voyage from Vitino, Russia to Map Ta Phut, Thailand, via the Northern Sea Route (“NSR”). This is the first such voyage for a vessel managed by SSM. The NSR, which connects th
Norway: Foster Weeler Lands Karsto Deal
Foster Wheeler AG announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Aibel AS for the provision of detailed design engineering services to support Aibel, which has been appointed by Statoil as the main engineering, procurement and constr
Russia: Khabarovsk Shipyard Launches Sea-Going Ice-Class Tug for PF
New sea-going ice-class tug was launched at Khabarovsk Shipyard on Aug 26. The solemn launching ceremony was attended by the shipyard’s directors, representatives of Khabarovsk Territory Government, Russian Navy, and Khabarovsk eparchy. Deputy minister of regional industry and transport Sergei Ivash
Norway: Det Norske Raises USD 91.2 million in Private Placements
Det norske oljeselskap ASA successfully raised NOK 489 million (USD 91.2 million ) in private placements directed towards Norwegian and International investors. The Issue was oversubscribed. The price was set at NOK 44.0 per share (USD 8.2 ). 11 111 111 shares will be issued following the Private Pl
A&P Tees Finishes Makeover of Dredger ‘Arco Beck’ (UK)
A&P Tees ship repair yard has given another TV star a much-needed “makeover”. The Middlesbrough yard is gaining a reputation for giving vessels which have appeared on the small screen a new lease of life. Last year they restored the Tall Ship winner Christian Radich, star of the BBC TV series The On