Reference is made to earlier announced LOI for rebuilding of the seismic vessel “Geowave Master” with a total estimated value of NOK 160 – 170 million(Approximately USD $ 24 million). Bergen Group has, through its subsidiary Bergen Group Halsnøy AS, now signed a final contract for this rebuilding. T
TGS announces a second 2D seismic survey offshore Indonesia Southwest Sumatra (SMi10) in the forearc basin along the Sundaland Margin. The survey will add 2,700 km of new 2D data to infill the existing 6,900 km of multi-client data acquired in 2009. The previous seismic in the area has revealed a th
Det norske oljeselskap ASA has as operator in PL 341, found indications of gas in the Stirby Deep prospect in the Viking Graben in the North Sea, 75 km south of Sleipner. The well data indicates gas/gas condensate under high pressure in a 70 meters thick sandstone with low porosity at 4870 meters be
On 11 November 2010 DONG Energy A/S announced its intention to issue, subject to market conditions, new callable subordinated capital securities due 3010. At the same time DONG Energy announced a conditional invitation to all holders of its outstanding EUR 1.1bn callable subordinated capital securit
On 11 November 2010 DONG Energy A/S announced its intention to issue, subject to market conditions, new callable subordinated capital securities due 3010. At the same time DONG Energy announced a conditional invitation to all holders of its outstanding EUR 1.1bn callable subordinated capital securit
Sterling Resources Ltd. announces that approval has been received from the Dutch authorities to transfer to Sterling interests in five licenses within the F-Quad and L-Quad areas offshore Netherlands. With this license transfer process completed Sterling Resources Netherlands BV will hold a 50 perce
DONG Energy has decided – together with the operator Hess and the licence partners – to develop the Danish North Sea field South Arne. DONG Energy’s share of the investment amounts to about DKK 2.5 billion (USD 445 Million). The development’s expected commercial reserves is about 15 million barrels
ABB, the leading power and automation technology group, has won an order worth $125 million from the Belgian company C-Power NV to link a wind farm 30 kilometers off the coast of Belgium to the mainland grid. The transmission link is part of an expansion of the Thornton Bank wind farm. In the first
Statoil has awarded Bergen Group Rosenberg a contract for building and installing a compressor module on the Kvitebjørn platform in the North Sea. This will contribute to improving the recovery rate and accelerating production at the Kvitebjørn field by allowing for production with reduced wellhead
RWE Dea UK announced today that the contract for the engineering, installation and pre-commissioning of the offshore pipeline, and associated fibre optic cable, for the Breagh Development has been awarded to Allseas Construction Contractors SA (“Allseas”). Allseas will perform the required detailed
C-Power is pleased to announce that it has closed the financing of the second and third phases of the offshore wind farm on the Thornton Bank (located about 30 km in the North Sea off the Belgian coast). A group of 7 commercial lenders: KBC, Rabobank, Société Générale, KfW Ipex-Bank, Commerzbank, De
FoundOcean, the subsea and offshore grouting specialist for the global energy construction industries, is undergoing a major reorganisation at its UK Offshore Service Base in Livingston as it says farewell to one of the longest serving members of the company, Peter Lauder, as he retires after 27 yea
The operatorship of the Gjøa development in the Norwegian North Sea is being handed over by Statoil today, 25 November, to production operator GDF SUEZ E&P Norge AS. With the ending of this big industrial project, the group is beginning a new phase together with GDF SUEZ of further important product
This week T.O.S. invited all the branch managers at its head office in Rotterdam. Like every year all branch managers gather to review the past year and make plans for the year to come. The meeting was opened with a special cake to welcome Marcelo Cintra. He is the new branch manager of our joint [&
