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Business & Finance

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UK: Dril-Quip, Inc. Awarded $20 Million Contract for the Supply of Subsea Control Systems
Business & Finance

UK: Dril-Quip, Inc. Awarded $20 Million Contract for the Supply of Subsea Control Systems

Dril-Quip, Inc. (NYSE: DRQ) today announced that Dril-Quip (Europe) Limited, its wholly owned subsidiary located in Aberdeen, Scotland, has been awarded a contract valued at approximately $20 million by Technip UK Limited for the supply of equipment for the Islay Gas Field project in the United King

about 16 years ago
Canada: C-NLOPB Approves Hibernia Amendment Application
Business & Finance

Canada: C-NLOPB Approves Hibernia Amendment Application

The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) announced that the Fundamental Decision for the Amendment to the Hibernia Development Plan to allow the Hibernia Southern Extension Project to proceed has been approved. The decision enables Hibernia Management and Development C

about 16 years ago
Norway: Management Changes in Aker Solutions
Business & Finance

Norway: Management Changes in Aker Solutions

Per Harald Kongelf (photo) has been appointed executive vice president (EVP) for the Energy Development & Services (ED&S) business area in Aker Solutions with immediate effect. He replaces Jarle Tautra who will continue to work for Aker Solutions as a special advisor to the CEO. Kongelf comes from t

about 16 years ago
UK: Sub-Atlantic Ltd Receives Multiple ROV Orders
Business & Finance

UK: Sub-Atlantic Ltd Receives Multiple ROV Orders

Sub-Atlantic Ltd has netted orders for six electric remotely operated vehicle (ROV) systems with five different international customers during an unprecedented week of sales activity. The orders are for a Comanche Light/Medium Work Class system for a Far East diving contractor; a second Comanche sys

about 16 years ago
Ithaca Energy Inc., Stella Project Delivery Manager Appointed (UK)
Business & Finance

Ithaca Energy Inc., Stella Project Delivery Manager Appointed (UK)

Ithaca Energy Inc. and its wholly owned subsidiary Ithaca Energy (UK) Limited , an independent oil & gas company with exploration, development and production assets in the UK sector of the North Sea, announces the appointment of Fergus McGhie as Project Delivery Manager for the development of the St

about 16 years ago
Cyprus: Songa Offshore Provides September 2010 Fleet Update
Business & Finance

Cyprus: Songa Offshore Provides September 2010 Fleet Update

Songa Venus achieved operating efficiency of 99% during the month, the rig continued its work on the second well of 4 firm wells for Shell Development (Australia). Songa Mercur achieved operating efficiency of 100% during the month; the rig continues to operate outside Sakhalin Russia on a one well

about 16 years ago
Bulgaria: GSP Bigfoot 1 Completes Pipeline Installation at Galata Platform
Business & Finance

Bulgaria: GSP Bigfoot 1 Completes Pipeline Installation at Galata Platform

GSP Bigfoot 1 has completed the installation of the 10-in and 6-in pipeline at Galata Platform,on the Bulgarian continental shelf of the Black Sea. According to the contract with Melrose Resources, the technical vessel installed 8.5 kilometers of 6-inch diameter pipeline, 14.5 kilometers of 10-inch

about 16 years ago
Norway: Norse Energy Appoints Two Executive Vice Presidents
Business & Finance

Norway: Norse Energy Appoints Two Executive Vice Presidents

Norse Energy Corp ASA (NEC) has appointed John Childers (34) as Executive Vice President of Exploration and Production and Stuart Loewenstein (50) as Executive Vice President of Business Development. Mr. Childers takes over the day to day operating responsibilities from Mark Dice, who became Chief E

about 16 years ago
The Netherlands: Siemens To Deliver Electrical Installation For Ambiorix
Business & Finance

The Netherlands: Siemens To Deliver Electrical Installation For Ambiorix

IHC Dredgers has commissioned Siemens Industry Solutions in The Hague, the Netherlands, to provide the electrical installation on board DEME’s cutter suction dredger Ambiorix – under construction at the Hardinxveld-Giessendam yard. Apart from the electrical components, to be delivered to the yard in

about 16 years ago
The Netherlands: Success for OEG Offshore’s First Exhibition at Offshore Energy 2010
Business & Finance

The Netherlands: Success for OEG Offshore’s First Exhibition at Offshore Energy 2010

Oil services firm OEG Offshore (OEG) is celebrating a successful first exhibition at the Offshore Energy Conference in the Netherlands. The Aberdeen-based firm – which specialises in the design, build and rental of cabins and cargo-carrying units for the offshore oil and gas market – was one of more

about 16 years ago
Russia: Delegation from Ghana Visits Lukoil Headquarters
Business & Finance

Russia: Delegation from Ghana Visits Lukoil Headquarters

Vagit Alekperov, OAO LUKOIL President, met today with Joseph Oteng-Adjei, Minister of Energy of the Republic of Ghana, members of a delegation of the Cabinet of Ministers of the Republic and also with heads of Ghana National Petroleum Corporation at OAO LUKOIL headquarters in Moscow. The parties dis

about 16 years ago
UK: DEO Petroleum Acquires Share in Nexan’s North Sea Assets
Business & Finance

UK: DEO Petroleum Acquires Share in Nexan’s North Sea Assets

DEO Petroleum has acquired a part share in the North Sea assets of Nexen Petroleum in a deal worth £10.5 million. By TERRY MURDEN (The Scotsman) [mappress] Source:The Scotsman , October 8, 2010;

about 16 years ago
Cyprus: Prosafe Announces Accommodation Rigs Utilization Report for 3Q 2010
Business & Finance

Cyprus: Prosafe Announces Accommodation Rigs Utilization Report for 3Q 2010

Rig utilisation in the third quarter of 2010 was 80 per cent. Safe Lancia was in operation in Mexico until 6 August and commenced a new contract in Mexico on 19 August. Safe Caledonia was in operation until mid-September. Safe Concordia and Safe Astoria were idle in the third quarter. All other eigh

about 16 years ago
Antrim and Premier Form Joint Venture in the Fyne Area, UK North Sea
Business & Finance

Antrim and Premier Form Joint Venture in the Fyne Area, UK North Sea

Antrim Energy Inc. announced it has signed an agreement with Premier Oil UK Limited to jointly explore development options for the Fyne Area located in the UK Central North Sea. Under the terms of the agreement, Premier will pay an initial consideration of US$2 million to Antrim, and will have the o

about 16 years ago
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