Effective from today, Sevan intends to report the Technical Uptime for the fleet in operation on a monthly basis. Technical Uptime for the months of January and February 2011 were as follows: January (%) February (%) FPSO Sevan Piranema 100 100 FPSO Sevan Hummingbird 100 100 Sevan Driller 78 97
The Norwegian Petroleum Directorate has granted BG Norge a drilling permit for well 6604/2-1 cf. Section 8 of the Resource Management Regulations. Well 6604/2-1 will be drilled from the Aker Barents drilling facility at position 66°47’1.791” north and 4°33’34.85”east after completing the drilling of
This frame agreement will allow Technocean AS, a subsidiary of Reef Subsea AS, to act as a partner to Technip Norway and other Technip Group companies for subsea services in the NCS (both Norway and UK) and Canada according to pre-agreed terms. Technocean will perform its commitments calling on its
Reef Subsea is awarded four-year frame agreement contract by Technip for subsea construction operations in the North Sea and North Atlantic This frame agreement will allow Technocean AS, a subsidiary of Reef Subsea AS, to act as a partner to Technip Norway and other Technip Group companies for subse
The Petroleum Safety Authority Norway (PSA) has initiated an investigation following an incident in connection with a lifting operation on the Gullfaks A facility on 28 February 2011. One person was injured when he was crushed between two containers in connection with a lifting operation on the Gull
Infinera has been selected by MedNautilus to upgrade its subsea network for the speed of deployment and scalability of the Infinera submarine solution. MedNautilus, the Mediterranean operations of the Telecom Italia Sparkle Group and the first and only protected submarine ring-configured backbone in
In association with the European Commission, the 2011 Scottish European Green Energy Centre Conference will open in Edinburgh tomorrow with a keynote address by First Minister, Alex Salmond MSP, followed by leading experts and practitioners from E3G, Grant Thornton, Aquamarine Power, SSE, National G
The EPIC project with Statoil, an internationally renowned energy company, is worth approximately US$41 million and will involve EMAS AMC supplying and installing 55km of power cables along with associated terminations and ancillaries for the Gudrun field in the North Sea. State-of-the-art multipurp
EMAS AMC has won yet another major contract, from one of the world’s premier energy companies, Statoil. The EPIC project with Statoil, an internationally renowned energy company, is worth approximately US$41 million and will involve EMAS AMC supplying and installing 55km of power cables along with a
YSI, along with two of its divisions—SonTek/YSI and YSI Integrated Systems—will be demonstrating three systems which can deliver cost-saving solutions for oceanographic data collection at the Ocean Business Exhibition. On Tuesday, April 5, YSI will demonstrate a new, simple, fast and accurate CTD, t
Aker Solutions has completed the transfer of ownership of subsidiary Aker Marine Contractors (AMC) to Singapore listed Ezra Holdings Ltd. Aker Solutions confirms the transaction details given in the announcement on 22 October 2010. In the transaction, AMC is valued at USD 250 million. Ezra has settl
Statoil and ExxonMobil have agreed to explore three Faroese offshore licenses jointly. ExxonMobil Exploration & Production Faroe Islands Limited will acquire 50% interest in Licenses 009 and 011 and 49% interest in License 006, where Atlantic Petroleum is a minority owner with 1% interest. Statoil F
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Helge Lund, President and Chief Executive Officer of Statoil. During the meeting the parties addressed the key business issues and prospects for cooperation between Gazprom and
The Danish company DONG Energy A/S has now officially advised PNE WIND AG, that it has decided to construct and finance the offshore wind farm “Borkum Riffgrund I” in the North Sea. PNE WIND AG had been developing the offshore wind farm “Borkum Riffgrund I” since 2011 at first alone and then in a jo
