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Business & Finance

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UK: KCA DEUTAG Appoints Four Non-executive Independent Directors
Business & Finance

UK: KCA DEUTAG Appoints Four Non-executive Independent Directors

KCA DEUTAG, the international drilling and engineering contractor, is pleased to announce the appointment of four non-executive independent directors. Peter Bloxham, Bob Ellis, Chris Hughes and Dean Merritt have joined the group as board directors with immediate effect. Mr Bloxham, 58, was a partner

about 16 years ago
Norway: Noreco Announces September 2010 O&G Production Results
Business & Finance

Norway: Noreco Announces September 2010 O&G Production Results

Norwegian Energy Company ASA Noreco’s oil and gas production in September 2010 was 8,800 barrels of oil equivalents (boe) per day. Net realized oil price was USD 77 per boe after adjustments for oil put options, inventory and NGL and gas prices. Total production from the Siri area in September was 1

about 16 years ago
The Netherlands: Fugro Clinches Two Specialist Marine Drilling Contracts Worth $52 M Combined
Business & Finance

The Netherlands: Fugro Clinches Two Specialist Marine Drilling Contracts Worth $52 M Combined

Fugro Seacore Ltd. has been awarded two contracts in the marine seabed investigation and construction support service markets with a combined value of approximately USD 52 million. The first contract is to provide a marine drill coring system to the Japan Oil, Gas and Metals National Corporation (JO

about 16 years ago
The Netherlands: New Viking Software Modules for Dredging
Business & Finance

The Netherlands: New Viking Software Modules for Dredging

The number of Viking software modules has been expanded with several new additions. Directly based on market demand these new modules add enhanced capabilities and solutions to the Viking software. These software modules can be added to an existing Viking Navigation or Viking Dredge system. Anchorin

about 16 years ago
EMGS Secures $4 Million Worth of Late Sales for Barents Sea Multi-client 3D EM data
Business & Finance

EMGS Secures $4 Million Worth of Late Sales for Barents Sea Multi-client 3D EM data

Electromagnetic Geoservices ASA (EMGS) announced today that it has secured late-sales worth approximately USD 4 million for its multi-client 3D EM data in the Barents Sea, ahead of Norway’s 21st exploration licensing round. These revenues will be recognised in the third quarter of 2010. Industry pre

about 16 years ago
Petrofac and Shell Agree Partnership for UK North Sea CCS Project
Business & Finance

Petrofac and Shell Agree Partnership for UK North Sea CCS Project

CO2DeepStore, part of the Petrofac group, has signed an agreement with Shell U.K Limited (Shell) in respect of the re-development of the Goldeneye gas field in the North Sea, as a potential CO2 storage facility. The agreement will see CO2DeepStore and Shell work together to develop the potential CO2

about 16 years ago
Norway: A/S Norske Shell Gets Go-Ahead for Use of Island Constructor on Draugen Field
Business & Finance

Norway: A/S Norske Shell Gets Go-Ahead for Use of Island Constructor on Draugen Field

A/S Norske Shell has received consent for use of the mobile well intervention facility Island Constructor in the Norwegian Sea. The consent applies to workover of the wells A-55H and B-2H on Draugen. The Island Constructor is a well intervention facility operated by Island Offshore Management AS (Is

about 16 years ago
Norway: Contract Extension for Bourbon Tampen Platform Supply Vessel
Business & Finance

Norway: Contract Extension for Bourbon Tampen Platform Supply Vessel

Statoil has decided to exercise a 2- year option on PSV Bourbon Tampen taking her into December 2010. The contract has no further options. Bourbon Tampen PSV Main Description Type: UT 745 E Classification: DnV + 1A1, SF LFL* COMF-V(3)C(3), E0 DYNPOS-AUTR, CLEAN DK(+) HL(2.5) Yard: Kleven Verft AS Pl

about 16 years ago
The Netherlands: Van Oord has Won the Title for the Best Technical Traineeship 2010
Business & Finance

The Netherlands: Van Oord has Won the Title for the Best Technical Traineeship 2010

In the past few weeks visitors to the website www.debestetraineeships.nl have cast their vote for their favourite traineeship. As in 2007 Van Oord has won the title in the category Technique. Together with the other winners Van Oord will compete for the overall title, which will be awarded during th

about 16 years ago
Ireland: Providence Resources Agrees Hook Head Farm Out Deal
Business & Finance

Ireland: Providence Resources Agrees Hook Head Farm Out Deal

Providence Resources P.l.c., (“Providence”) the Irish oil and gas exploration and production company, whose shares are listed in London (AIM) and Dublin (IEX), announced that it has agreed, along with its partner Atlantic Petroleum P/F (“Atlantic”), an option (the “Option”) with Sosina Exploration L

about 16 years ago
The Netherlands: Dockwise Announces $33 Million in Heavy Marine Transport Awards
Business & Finance

The Netherlands: Dockwise Announces $33 Million in Heavy Marine Transport Awards

Dockwise Ltd. announces nine awards for Heavy Marine Transport (HMT) that have recently been secured by its subsidiary Dockwise Shipping with a total contract value of USD 33 million. Dockwise was awarded a contract by McDermott Australia Pty. Ltd. to transport a Marlin B jacket structure and a CBL

about 16 years ago
Subsea 7 Snags Major $250m Pipelay Contract for Total in the North Sea
Business & Finance

Subsea 7 Snags Major $250m Pipelay Contract for Total in the North Sea

Subsea 7 Inc , one of the world’s leading subsea engineering and construction companies, announced today that it has been awarded a major engineering, procurement, installation and commissioning (EPIC) contract by Total E&P UK Limited for the Laggan Tormore deepwater gas field development, West of S

about 16 years ago
UK: Sevan Marine ASA and E.ON Ruhrgas Finalize Huntington Contract Negotiations
Business & Finance

UK: Sevan Marine ASA and E.ON Ruhrgas Finalize Huntington Contract Negotiations

Sevan Marine ASA and E.ON Ruhrgas UK E&P have finalized the commercial negotiations on the Charter Party Agreement for the lease of the FPSO Sevan Voyageur for operation on the Huntington field. The charter party has a fixed term of five years with extension options and an estimated contract value o

about 16 years ago
Norway: AGR FO Kicks Off Expanded In-Service Inspection Contract for Statoil
Business & Finance

Norway: AGR FO Kicks Off Expanded In-Service Inspection Contract for Statoil

AGR Field Operations began work on the new In-Service Inspection contract for Statoil on October 1st . The 4 year frame agreement with Statoil covers 24 offshore and onshore assets in Norway. The expanded scope of work has given the AGR team a challenge to gear up with personnel and equipment in a s

about 16 years ago
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