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Business & Finance

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Norway: Aker Solutions Wins Goliat Tie-in and Connector Contract
Business & Finance

Norway: Aker Solutions Wins Goliat Tie-in and Connector Contract

Aker Solutions has been awarded the tie-in and connector scope associated with the Goliat flowlines and risers contract by Technip Norway. The contract value is approximately NOK 65 million. The scope of work includes the outboard remote tie-in system termination heads and associated equipment. The

about 16 years ago
Norway: New Head of Environment at Wilhelmsen Ships Service
Business & Finance

Norway: New Head of Environment at Wilhelmsen Ships Service

Wilhelmsen Ships Service is underlining its commitment to the protection of the environment by appointing a new Head of Environment, Thea Corwin. Thea, who takes up the position on 1st January 2011, will be dedicated to developing a vision, policy, strategy and related plans for the implementation o

about 16 years ago
Fabio de Oliveira Barbosa joins BG Group as CFO
Business & Finance

Fabio de Oliveira Barbosa joins BG Group as CFO

BG Group today announced that Ashley Almanza will stand down from the Board and leave his role as Chief Financial Officer on 31 March 2011. This follows an earlier indication from Mr Almanza of his desire to leave BG Group within the next two years. After 31 March 2011, Mr Almanza will continue to [

about 16 years ago
NPD Releases “Norwegian Continental Shelf No.2-2010” Journal
Business & Finance

NPD Releases “Norwegian Continental Shelf No.2-2010” Journal

The Norwegian oil adventure has yielded a fantastic return for the nation. Gross revenues from this industry exceed NOK 8 000 billion – with more than half of Norway’s petroleum still to be recovered. Based on a clear desire for oil and gas to benefit the whole community, the Norwegian oil model was

about 16 years ago
Equatorial Guinea: Aseng Secures US$ 602 M Project Debt facility
Business & Finance

Equatorial Guinea: Aseng Secures US$ 602 M Project Debt facility

Aseng Production Company Limited, a Joint-Venture incorporated between SBM Offshore and “GEPetrol, Compania Nacional de Petroleos de Guinea Ecuatorial” (GEPetrol), has successfully secured a US$ 602 million Project Debt facility in order to finance the investment in the lease of the FPSO Aseng (imag

about 16 years ago
Norway: Farstad Shipping Awarded 3 Charter Contracts Worth Combined $285 M
Business & Finance

Norway: Farstad Shipping Awarded 3 Charter Contracts Worth Combined $285 M

Farstad Shipping has been awarded the following charter contracts: AHTS Far Shogun (2010, UT 731CD, 24.000 BHP) and AHTS Far Saracen (2010, UT 731CD, 24.000 BHP) have both been awarded 3 years firm contracts by Chevron Australia Pty Ltd to support their drilling program off north west coast of Austr

about 16 years ago
UK: Expro’s HawkEye IV Marks Step Change in Downhole Camera Technology
Business & Finance

UK: Expro’s HawkEye IV Marks Step Change in Downhole Camera Technology

Leading international oilfield services company Expro today announced a new state-of-the-art camera, HawkEye IV, has been added to the company’s downhole video portfolio. The HawkEye IV communicates with the camera via a downlink, allowing more reliable and easy access to options with a simple comma

about 16 years ago
Halliburton Clinches Contract for Jasmine Discovery Development in UK North Sea
Business & Finance

Halliburton Clinches Contract for Jasmine Discovery Development in UK North Sea

Halliburton has been awarded a contract by ConocoPhillips for directional drilling, logging-while-drilling (LWD) and surface data logging (SDL) services to help develop the high temperature Jasmine discovery in the central North Sea. Halliburton is an industry leader in technologies developed for ul

about 16 years ago
Siemens to Erect Shoreside power Supply System for Offshore Platform in the Barents Sea
Business & Finance

Siemens to Erect Shoreside power Supply System for Offshore Platform in the Barents Sea

The Goliat floating offshore platform for the production, storage and offloading of oil and gas north of Norway in the Barents Sea will not, as is customary practice, be supplied with power generated by onboard gas turbines and generators but from the shore via a 106-kilometer-long subsea cable. Thi

about 16 years ago
JGC Corporation Announces Sale of UK-based Affiliate Interests to KBR
Business & Finance

JGC Corporation Announces Sale of UK-based Affiliate Interests to KBR

JGC Corporation today announced that it will be selling its 44.94% share interest in M.W. Kellogg Limited to KBR . MWKL is a UK-based affiliate of both companies. Following the transaction, MWKL will become a wholly-owned subsidiary of KBR. The transaction is expected to be finalized in January 2011

about 16 years ago
PGGM and Ampère Equity Fund Buy Minority Stake From DONG Energy in Walney Offshore Wind Farm (UK)
Business & Finance

PGGM and Ampère Equity Fund Buy Minority Stake From DONG Energy in Walney Offshore Wind Farm (UK)

A consortium of PGGM and Dutch Ampère Equity Fund, managed by Triodos Investment Management, have entered into an agreement with DONG Energy whereby the consortium acquires a 24.8% stake in the 367MW Walney offshore wind farm, which is under construction. DONG Energy will retain a 50.1% stake and SS

about 16 years ago
Norway: EMGS,Shell Join Forces to Revolutionize 3D EM Technology
Business & Finance

Norway: EMGS,Shell Join Forces to Revolutionize 3D EM Technology

Electromagnetic Geoservices ASA (EMGS) and Shell have entered into a Joint Industry Project (JIP) to plan and design the next generation of 3D EM equipment. Over the next six months the two companies will, in close collaboration, conduct a feasibility study that includes laboratory tests, design sol

about 16 years ago
Russia: Sovcomflot Successful in Exxon Neftegas Supply Vessel Tender
Business & Finance

Russia: Sovcomflot Successful in Exxon Neftegas Supply Vessel Tender

On 16 December 2010 in Moscow, the Sovcomflot (SCF) Group of companies and Exxon Neftegas Limited (a subsidiary of ExxonMobil) signed long-term agreements for two icebreaking supply vessels to service the oil platform at the Sakhalin-1 Project Arkutun-Dagi offshore oil field. The official signing ce

about 16 years ago
Norway: Wartsila Strengthens Market Leadership with New LNG Powered Platform Supply Vessel order
Business & Finance

Norway: Wartsila Strengthens Market Leadership with New LNG Powered Platform Supply Vessel order

Wärtsilä, the marine industry’s leading solutions provider, has strengthened its position as the global leader in supplying design and propulsion solutions for Liquefied Natural Gas (LNG) Platform Supply Vessels (PSVs) with yet another important order. Norwegian operator Eidesvik Offshore has placed

about 16 years ago
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