The Norwegian Ministry of Petroleum and Energy today received Plans for Development and Operation (PDO) on the Ekofisk and Eldfisk fields. The projects (Ekofisk South and Eldfisk II) will entail investments in the region of NOK 65 billion(USD 11.58 billion). -I am happy to recieve new PDOs in the Ek
DOCKWISE Ltd., today publishes results for the three month period and full year ended 31 December 2010. Financial highlights Q4 2010 Revenues of USD 123 million (Q3 2010: USD 109 million); Adjusted EBITDA of USD 50 million (Q3 2010: USD 46 million); Operating margin of 41% (Q3 2010: 42%); Adjusted n
MirTac has successfully completed the implementation of asset management system Star IPS at Seatec. MirTac supports Seatec in her maintenance, safety and audit operations for her diving and ROV projects. Johan de Bie, General Manager at Seatec: ‘With Star IPS, all condition based and preventive main
The contract is the provision of services for activities of EPIC (Engineering, Procurement, Installation and Construction) for the construction of a subsea pipeline. The EPIC contractor develops detailed engineering aimed at laying and supplying the materials (except those supplied by the contractin
Dockwise Ltd., a world leader in heavy marine transport, today publishes results for the three month period and full year ended 31 December 2010. After a tough year, Q4 was a quarter of healthy performance. The quarter saw the successful completion of the offshore Transport & Installation project Vy
A contract signed recently with Technip for marine operations and pipelay on the Gygrid field development in the Norwegian Sea is proof. “This agreement moves us one step closer to realising Gygrid, planned to start during 2Q 2011 and begin producing as soon as late 2012/early 2013,” says Halfdan Kn
Statoil picks up the pace towards realizing fast track field developments offshore Norway. A contract signed recently with Technip for marine operations and pipelay on the Gygrid field development in the Norwegian Sea is proof. “This agreement moves us one step closer to realising Gygrid, planned to
Superior Energy Services, Inc. announced that its Board of Directors has elected David Dunlap as President and Sam Hardy as an Executive Vice President. Mr. Dunlap, age 49, joined the Company as Chief Executive Officer in April of 2010 and will continue in that position. He is a veteran oil and ener
Statoil and Odfjell Drilling have signed the contract for «Deepsea Bergen» commencing in June 2012. Odfjell Drilling was awarded a Letter of Intent from Statoil in October last year for the utilization of «Deepsea Bergen» for development drilling on the NCS. The contract is now signed. Duration, val
Dockwise Ltd., publishes results for the three month period and full year ended 31 December 2010. Financial highlights Q4 2010 Revenues of USD 123 million (Q3 2010: USD 109 million); Adjusted EBITDA of USD 50 million (Q3 2010: USD 46 million); Operating margin of 41% (Q3 2010: 42%); Adjusted net pro
Northern Offshore, Ltd. today reported that its subsidiary, Northern Offshore U.K. Limited, was awarded a contract with Maersk Olie og Gas AS (“Maersk”), for the jackup Energy Endeavour. The award is subject to approval by the Danish Energy Authority. The contract, for operations in the Danish Secto
DEME’s revenue was up sharply at €1,801 million, representing 28% growth over the €1,403 million recorded in 2009. The strong increase in revenue generated in Europe is attributable to the execution of major contracts, including the construction of the London Gateway container terminal in the United
CGGVeritas and JSC Geotech Holding (Geotech) announce, that today they have signed a term sheet to create a joint venture to operate 2D and 3D marine seismic vessels, primarily in Russian and CIS waters. The joint venture will provide marine seismic data acquisition and processing services for the o
The Norwegian Trade Minister Trond Giske visited Brazil last week, where the purpose of his visit is strengthening the business relations between Norway and Brazil. Giske also visited Havyard South America Ltda`s office in Rio de Janeiro during the same trip. General Manager Kjell-Peder Overvåg of H
