Mechanical engineering company, EnerMech, has launched a new business division which will target the valve supply, testing, inspection and maintenance sector. An initial £2 million (approximately USD $3.2 Million) investment will include the building of an additional workshop at the Aberdeen company
Farstad Shipping has been awarded the following charter contract: Peterson SBS has declared their one year option for PSV Far Splendour (2003, Ulstein P106, 3503 DWT) for continuous operation within the Dutch sector. The option is settled at improved rate level and is agreed between the parties to b
Leading Aberdeen-based oil and gas engineering services company Cammach Group has reported a sharp increase in turnover in the past year. The 13-year-old firm has just announced that turnover has leapt by 56% or £2.7 million to just over £7.5 million. Due to significant growth, 15 additional members
Gazprom has appointed WorleyParsons to perform front end engineering design (FEED) services on its Shtokman Phases 2 and 3 development in the Barents Sea. The Shtokman gas/condensate field is in the Russian sector of the Barents Sea about 600 kilometres northeast of the city of Murmansk. The complet
Further to announcements on May 3, July 1, August 18 and October 1, 2010, Sevan Marine ASA (“Sevan”) announces that on November 9, 2010, relevant subsidiaries of Sevan entered into the charter contract and the services agreement with E.ON Ruhrgas UK E&P Limited (“E.ON”) together with related documen
The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS (Lundin) a drilling permit for well 16/7-9, cf. Section 8 of the Resource Management Regulations. Well 16/7-9 will be drilled from the Transocean Winner drilling facility at position 58° 15’ 17.47’’ north, 02° 17’ 24.95’’ east af
The board of BP announced that it has appointed Brendan Nelson and Frank L. “Skip” Bowman as non-executive directors of BP p.l.c. with immediate effect. Mr Nelson will succeed Douglas Flint as Chairman of BP’s Audit Committee when Mr Flint retires from the Board at the conclusion of the 2011 BP Annu
Statoil and its partners on Åsgard have opted for subsea gas compression to help recover the big remaining reserves in this Norwegian Sea field. Similar projects elsewhere are in the pipeline. Many years of development work underpin this choice. Subsea gas compression has also been assessed on Gullf
“In a market environment that continues to be difficult, BOURBON can today report third-quarter 2010 revenue growth of 6.4%. This confirms the upturn in our Offshore activity, announced previously and already in evidence in the second quarter. It also confirms our strategic choices and reflects our
CGGVeritas today its non-audited third quarter 2010 consolidated results. All 2009 results are reported before restructuring. * Group revenue was $656m, down 10% year-on-year and up 1% sequentially on recovering multi-client sales, including Gulf of Mexico, and continued robust Sercel activity * Gro
Wärtsilä’s Sustainability Report has won first prize in the Corporate Responsibility Reporting 2010 competition in which corporations’ responsibility reporting in 2009 was assessed. The sustainability reporting competition is organised by the Confederation of Finnish Industries EK, Finnish Business
Wärtsilä’s Sustainability Report has won first prize in the Corporate Responsibility Reporting 2010 competition in which corporations’ responsibility reporting in 2009 was assessed. The sustainability reporting competition is organised by the Confederation of Finnish Industries EK, Finnish Business
Songa Venus achieved operating efficiency of 99% during the month, the rig completed its work and moved over to the third firm well for Shell Development (Australia). The rig is scheduled to start 1st Optional well for MEO Australia during mid November.. Songa Mercur (photo) achieved operating effic
The Norwegian Petroleum Directorate (NPD) has granted Norwegian Energy Company (Noreco) ASA a drilling permit for well 17/6-1, cf. Section 8 of the Resource Management Regulations. Well 17/6-1 will be drilled from the West Alpha drilling facility at position 58° 44’ 15.46’’ north 03° 55’ 34.93’’ eas
