In accordance with the strategy previously disclosed, the Board of Directors of Aker Solutions ASA (“Aker Solutions”) has resolved to propose to the shareholders of Aker Solutions that Aker Solutions is to be demerged. Through the proposed demerger, Kværner ASA (“Kværner”) – a company established fo
Polarcus Limited announces that the Company has received a Letter of Intent for a 550 square kilometer 3D seismic acquisition project West of Shetlands, offshore United Kingdom. The project, subject to the execution of a service contract, will commence in August 2011 and is expected to run for appro
A working meeting was held yesterday at the Gazprom headquarters. Participating in the meeting were Alexey Miller, Chairman of the Management Committee of Gazprom, Helge Lund, President and Chief Executive Officer of Statoil and Christophe de Margerie, Chairman and Chief Executive Officer of Total S
Polarcus Limited announces that the Company has received a Letter of Intent for a 550 square kilometer 3D seismic acquisition project West of Shetlands, offshore United Kingdom. The project, subject to the execution of a service contract, will commence in August 2011 and is expected to run for appro
SeaEnergy (AIM: SEA) today announces that it has agreed a further extension to the terms of an existing loan facility until the earlier of 30 April 2011, or execution of an agreement for the sale of SeaEnergy Renewables Limited (“SERL”). The facility is provided by LC Capital Master Fund, Ltd (“LC”)
Northern announces that Northern Petroleum (UK) Limited (“NPUK”) has applied to the Italian authorities for the transfer to Shell Italia E&P S.p.A (“Shell”) the role of Rappresentante Unico (“Operator”) for six permits offshore west of Sicily; G.R17.NP, G.R18.NP, G.R19.NP, G.R20.NP, G.R21.NP and G.R
ConocoPhillips recently awarded Vector International a contract for the Jasmine Development Project. The awarded package includes over 2,500 Techlok clamp connectors of all different sizes. The Jasmine field is located in the UK central North Sea and is one of the UK’s largest discoveries since the
Naval patrol vessel Le Emer has arrived to co-ordinate the search for two fishermen missing in the Irish Sea… (independent) [mappress] Source: independent , April 05, 2011;
SeaBird Exploration PLC announces that an agreement has been reached with Chevron North Sea Limited (on behalf of itself and the other Rosebank co-venturers: Statoil (U.K.) Ltd., OMV (U.K.) Ltd., and DONG E&P (U.K.) Ltd) related to the earlier announced award of the Rosebank 2 survey. SeaBird has be
Songa Offshore, Cyprus-based offshore drilling company, provides fleet update for March 2011. Songa Venus achieved operating efficiency of 99% during the month. The rig continues to operate for Total E&P in Australia. Songa Mercur arrived Singapore during the month, BOP and relevant rig equipment an
MMT and NetSurvey have recently merged after 6 years cooperation on various hydrographic survey assignments. The goal is to benefit from synergy effects and to jointly provide high-resolution surveys. NetSurvey will bring strong technical capabilities in the field of multibeam expertise to the MMT G
E.ON, the energy giant developing the Humber Gateway offshore wind farm, is actively seeking local suppliers to work with as it prepares to… (thisisgrimsby) [mappress] Source: thisisgrimsby, April 05, 2011
Structural growth in the markets where Boskalis is active continues to be driven by long-term global economic and geographic trends. For the purpose of our new Business Plan we carried out a global review of the relevant trends and developments in our markets. We also visited dozens of clients and e
AGR Petroleum Services Limited has declared option wells numbered one, two and three of its contract with Awilco Drilling Limited for the Wilphoenix. These options represent the second, third and fourth wells of AGR’s multi well multi client 2011 drilling programme. The combined contract value for t
