After having developed the concept and basic design for Heerema’s new monohull vessel, Ulstein Group´s Dutch based design company, Ulstein Sea of Solutions (USOS), has now also been awarded the further engineering of the vessel with the selected shipyard, DSME of South Korea. In February 2010, USOS
Vessel utilization is defined as the percentage of the full quarter where the vessel is in paid work either in the form of acquisition, mobilization, demobilization, steaming, standby or other. The vessel utilization for the 9 seismic vessels operated by SeaBird for Q3 2010 was 66%, down from 76% in
Reference is made to the press release sent out on September 20, 2010 regarding the sale of the drillship Songa Saturn. Songa Offshore SE announced that the transaction is now finalized and the drillship was delivered to a wholly owned subsidiary of PetroSaudi Oil Services Ltd this morning. The dril
CGGVeritas provides its vessel utilization and its fleet allocation updates for the third quarter of 2010. Vessel utilization for the third quarter 2010: * The vessel availability rate1 was 87%. This compares to a 92% availability rate in the second quarter of 2010 and a 90% rate in the third quarte
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 third quarter production and the completion of the first workover in a five well workover
AMEC, the international engineering and project management company, has been awarded a front-end engineering design (FEED) contract from National Grid Carbon for a carbon capture and storage (CCS) project at Longannet Power Station in Fife, Scotland. The value of the contract has not been announced.
BP and SOCAR (the State Oil Company of the Republic of Azerbaijan) announced they had signed a new production sharing agreement (PSA) on joint exploration and development of the Shafag-Asiman structure in the Azerbaijan sector of the Caspian Sea. The PSA was signed today in Baku by Rovnag Abdullay
Electromagnetic Geoservices ASA today signed a contract worth approximately USD 1.5 million with Total E&P UK Ltd and DONG Energy to acquire 3D electromagnetic (EM) data in the West of Shetland area on the UK Continental Shelf. Total has established a significant portfolio of exploration and develop
Gas from Norway’s Trym field will be pumped onshore through a Danish platform in an EIB-financed project signed today with DONG Energy. The European Investment Bank will provide EUR 150 m to DONG Energy to develop the field. Trym was first discovered in 1989 but not explored, partly due to low marke
Statoil has exercised options in the current framework agreement with AGR Field Operations for surface management services. The extension has an estimated total value of NOK 40 million over a period of 24 months. AGR Field Operations will provide Surface Management services including AGR’s proprieta
Michael Smith (photo) has been named as a finalist in the Young Technician of the Year section of the 2010 Oil & Gas UK Awards which celebrate the people and businesses which make an exceptional contribution to the industry. The winners will be announced during a dinner at Aberdeen Exhibition & Conf
Norway, Petroleum Geo-Services ASA (‘PGS’ or the ‘Company’) routinely releases information about 3D vessel utilization around the end of each quarter. Summary of vessel utilization: The vessel statistics for the third quarter 2010 includes the new vessel PGS Apollo, which started seismic acquisition
Underwater noise and other forms of energy 1. Identify and review existing data and monitoring methods on underwater noise The work should be based on a review of experiences within MS for different sources and the knowledge within the scientific community in this field. It should be related to the
Hansa Hydrocarbons Limited (“Hansa”) has completed the acquisition of an interest in Licence P614 covering Block 47/14b (the “Licence”) containing the Juliet development in the Southern North Sea from First Oil Expro Ltd (“First Oil”). Hansa will earn a 19% working interest in the Licence in return
