Extension of Letter of Intent for “Rowan Norway” N-Class Jack-up Rig Xcite Energy announces that its 100% subsidiary, Xcite Energy Resources Limited (“XER”), has entered into an extension to the binding letter of intent (“LOI”) with British American Offshore Limited (“BAOL”), part of Rowan Companies
Statoil and OMV in Norway have entered into an agreement regarding swap of interests in two licences in the Barents Sea. Statoil will take over 15 percent of OMV’s 40 percent interest in production licence 537. The licence was awarded in the 20th licensing round in 2009 with OMV as the operator. Sta
Draka Offshore announced that Keppel Singmarine has selected Draka as a cable supplier for its production of Hull 362 for Royal Boskalis Westminster. “It is always gratifying to receive orders from a renowned shipbuilding yard like Keppel Singmarine,” stated Patrick Ang, vice president of the marine
AMC Connector, a future new-build subsea installation and construction vessel from Aker Solutions, has finalised its vessel specs. With a total payload capacity of 9 000 tonnes of subsea power cables or umbilicals, the vessel will be well equipped to target the deepwater installation segment. AMC Co
The State Oil Company of Azerbaijan is working to drill new exploration well at the Umid offshore field. By Rufat Abbasov (News.az) [mappress] Source: News.az, January 14, 2011;
People wanting to switch energy to a greener supplier might be interested to hear that preliminary work has begun on buildings designed to… (energyhelpline) [mappress] Source: energyhelpline, January 14, 2011
Olympic Shipping confirms option for delivery of one Multi Purpose Field Supply and Construction Vessel at Kleven Maritime in Norway. Delivery is agreed as June 2012. Olympic Shipping has confirmed a contract with Kleven Maritime for the delivery of one advanced Multi Purpose Field Supply & Construc
The activity level on the Norwegian shelf is high, with investments expected to rise in the next few years. In spite of this, NPD sees that more than 50 per cent of the oil remains in the fields. This is a source of concern for the Norwegian Petroleum Directorate (NPD), which is now calling for [&he
A new site under Vestas.com will disclose the naked figures, making the company more transparent. Follow the electricity usage for Vestas Blades. Or, maybe view the development in Energy Consumption for Vestas in Spain. To help improve performance in sustainability, Vestas is opening up by letting t
Cosalt Offshore, a provider of lifting, tooling and marine services to the oil and gas industry, has announced the appointment of highly-experienced industry figure Rod Buchan as the new Chief Executive Officer. Mr Buchan most recently has been Managing Director of Aker Offshore Partner and has held
Wilhelmsen Ships Service has appointed Vidar Hole to the position of Business Director responsible for the Maritime Logistics Services portfolio. Vidar will drive the design, development and launch of new offers in line with the company’s strategy and identified market and customer needs, across its
ABPmer, a leading UK marine environmental consultancy, has reported that against a much increased competitive and challenging market background, it achieved its ambitious 2010 sales target. The energy sector continues to be its biggest market and the company continues to offer a suite of services to
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, is pleased to announce that it has acquired a 28% interest in each of UK licences P218 and P588 containing the undevelope
Mechanical engineering group, EnerMech, has invested £20 million ($31.5M) in a new Process, Pipeline and Umbilical Services division and appointed one of the industries leading pipeline experts to head up the unit. Les Graves (left) joins the EnerMech board as director and brings with him more than
