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Business & Finance

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Statoil Drills Dry Well in Norwegian Sea
Business & Finance

Statoil Drills Dry Well in Norwegian Sea

Statoil Petroleum AS, operator of production licence 312, is in the process of completing the drilling of wildcat well 6407/3-1 S. The well was drilled about 5 kilometres north of the Mikkel field in the Norwegian Sea. The primary exploration target for the well was to prove petroleum in Middle Jura

about 15 years ago
USA: OceanWorks International and Harris Corporation Enter Strategic Alliance
Business & Finance

USA: OceanWorks International and Harris Corporation Enter Strategic Alliance

OceanWorks International and Harris Corporation have signed a strategic alliance agreement to jointly pursue opportunities related to cabled ocean observing, subsea networking, and subsea power distribution equipment and services. OceanWorks and Harris CapRock Communications have developed a modular

about 15 years ago
UK: Antrim Secures Rig for East Fyne Drilling
Business & Finance

UK: Antrim Secures Rig for East Fyne Drilling

Antrim Energy Inc. , an international oil and gas exploration and production company, announces that the Fyne Field joint venture (Antrim 35.1%), is presently acquiring site survey data and has signed a rig contract to drill the East Fyne appraisal/development well in Block 21/28a, UK Central North

about 15 years ago
Statoil and AGR Drilling Sign Two Year Contract for Riserless Mud Recovery System (Norway)
Business & Finance

Statoil and AGR Drilling Sign Two Year Contract for Riserless Mud Recovery System (Norway)

International energy company Statoil has signed a two year, NOK 66m contract for the Riserless Mud Recovery system (RMR®) from AGR Drilling Services. The deal is for rigs on the Norwegian Continental Shelf. It also includes two optional extension periods of two years each which, if taken, will bring

about 15 years ago
Norway: AGR Wins Contract from Statoil for its RMR® System
Business & Finance

Norway: AGR Wins Contract from Statoil for its RMR® System

International energy company Statoil has signed a two year, NOK66m contract for the Riserless Mud Recovery system (RMR®) from AGR Drilling Services. The deal is for rigs on the Norwegian Continental Shelf. It also includes two optional extension periods of two years each which, if taken, will bring

about 15 years ago
Norway: Technip Wins USD 79.2 Million Subsea Contract from Statoil for Vigdis Field
Business & Finance

Norway: Technip Wins USD 79.2 Million Subsea Contract from Statoil for Vigdis Field

Technip was awarded by Statoil a contract, worth approximately €55 million, for the Vigdis NE field development located in the Norwegian Sea at a water depth of 220 – 310 meters. This contract covers: * welding and installation of flowlines*, including a 1.5 kilometer pipe-in-pipe production flowlin

about 15 years ago
Norway: Statoil Awards Technip Vigdis NE Field Development Contract
Business & Finance

Norway: Statoil Awards Technip Vigdis NE Field Development Contract

Technip was awarded by Statoil a contract, worth approximately €55 million (USD 79.19 million) , for the Vigdis NE field development located in the Norwegian Sea at a water depth of 220 – 310 meters. This contract covers: * welding and installation of flowlines*, including a 1.5 kilometer pipe-in-pi

about 15 years ago
Russia: Arbitral Panel Approves Conditional Share Swap Between Rosneft and BP
Business & Finance

Russia: Arbitral Panel Approves Conditional Share Swap Between Rosneft and BP

The arbitral panel has on Friday issued a consent order permitting BP and the Alfa-Access-Renova (AAR) consortium to assign the Arctic opportunity to TNK-BP, subject to Rosneft consent. The order also permits the proposed share swap between BP and Rosneft to proceed subject to Rosneft having consent

about 15 years ago
Hydratight Gains ‘Verify’ Supplier Standard Set by FPAL (UK)
Business & Finance

Hydratight Gains ‘Verify’ Supplier Standard Set by FPAL (UK)

Hydratight has gained the “Verify” supplier standard set by First Point Assessment Limited (FPAL). The FPAL rating is a first-stop competency mark which proves to potential customers that Hydratight has achieved identifiable standards in its industry, obviating the need for potential customers to un

about 15 years ago
Norway: Read ASA Wins EWL Frame Contract from Statoil
Business & Finance

Norway: Read ASA Wins EWL Frame Contract from Statoil

READ ASA has been awarded an Electrical Wireline (EWL) frame contract – Borehole Seismic services by Statoil for their exploration and production drilling operations on the Norwegian Continental Shelf (NCS) and internationally. It’s a long term contract with several extension options. READ has as a

about 15 years ago
MMT & NetSurvey Attended GeoHab 2011 in Helsinki (Finland)
Business & Finance

MMT & NetSurvey Attended GeoHab 2011 in Helsinki (Finland)

On Monday the 3rd of May the doors opened for GeoHab 2011 which was held in Espoo in the Helsinki metropolitan area. MMT attended as Silver Sponsors at the three-day conference and gave an oral presentation. Duncan Mallace, Managing Director at NetSurvey Ltd and IVS 3D(UK) did also attend as a Silve

about 15 years ago
The Netherlands: Noordhoek Group Concludes Stage of Relaunch
Business & Finance

The Netherlands: Noordhoek Group Concludes Stage of Relaunch

After a turbulent period the Noordhoek Group is in the concluding stage of a relaunch. By attracting external capital the company is to proceed to operate at the same location in Zierikzee, while the vast majority of the quality staff will be able to join the company. The investment company Value En

about 15 years ago
The Netherlands: Noordhoek Group Back in Business
Business & Finance

The Netherlands: Noordhoek Group Back in Business

After a turbulent period the Noordhoek Group is in the concluding stage of a relaunch. By attracting external capital the company is to proceed to operate at the same location in Zierikzee, while the vast majority of the quality staff will be able to join the company. The investment company Value En

about 15 years ago
IHC Merwede Confirms Panamanian Backhoe Dredger Deal (The Netherlands)
Business & Finance

IHC Merwede Confirms Panamanian Backhoe Dredger Deal (The Netherlands)

IHC Merwede has been awarded the contract to design and construct a backhoe dredger for the Panama Canal Authority (ACP). In its bid, IHC Merwede was successful against a strong field of international competitors. The contract is worth US$43 million, and thanks to such projects, the development of t

about 15 years ago
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