Subsea 7 Inc , one of the world’s leading subsea engineering and construction companies, announced today that it has been awarded a 4-year single contractor framework agreement with Shell Upstream International Europe* for subsea pipeline installation services across its European offshore fields and
EnCore Oil plc announced that a rig contract has been signed to enable further drilling to take place in UKCS Central North Sea Block 28/9, where the Catcher discovery was made in June this year. The Transocean Galaxy II heavy duty jack-up rig is expected to return to the Catcher area later this wee
ОАО LUKOIL and a group of investors headed by UniCredit Bank have acquired 42.5 million ordinary shares in the form of ADR under the agreement with ConocoPhillips. By pursuing this transaction, the Company is implementing a program, approved by the Board of Directors, to raise shareholder returns by
The new lock, with dimensions of 225 m x 25 m, will make the Meuse between Namur and Liège more accessible for vessels up to 4,500 ton. The construction of the lock is challenging because it is located in the middle of the river Meuse. The first, existing lock in Ivoz-Ramet has to stay into [&hellip
Dolphin AS, a subsidiary of Fred. Olsen Energy ASA, has entered into a Letter of Award with Lundin Norway AS for a 2 wells drilling contract for the semi submersible drilling rig Bredford Dolphin for operation on the Norwegian continental shelf with estimated commencement in January/February 2011. T
Foster Findlay Associates Ltd (“ffA”) and Statoil ASA (“Statoil”) have agreed a continuation of their ongoing Research and Development Collaboration. This is the sixth phase of the collaboration, which has allowed the companies to work together in producing state-of-the-art 3D seismic analysis capab
Endeavour International Corporation announced that John G. Williams, executive vice president – exploration, will retire effective September 30, 2010. Since joining Endeavour in 2007, he has been a member of the company’s executive committee assigned to the company’s London office as head of explora
Bjørge Gretland has informed Badger Explorer ASA that he will resign as a member of the Company’s Board of Directors effective from 4 October 2010 due to the fact that he has moved to Silicon Valley (California) for the duration of one year. Following this, the Board of Directors will comprise Rolf
Boa has recently sold offshore construction vessel Boa Rover to the Dubai based Topaz Energy and Marine Ltd. About Boa Group BOA GROUP (Taubåtkompaniet AS/Boa companies) is a family business, which has been providing offshore services since the 70’s. From the main office in the central part of Norwa
Dana is delighted to announce that the Medway integrated oil and gas development, operated by Dana Petroleum Netherlands, has received project sanction. First production from Medway is expected in Q4 2011. The project is initially expected to add an average of 4,100 barrels of oil equivalent per day
FMC Technologies, Inc. announced that it has signed an agreement with Statoil for the manufacture and supply of subsea production equipment to support the Katla development. The award has a value of approximately $75 million in revenue to FMC Technologies. Katla is a fast-track offshore oil and gas
Statoil and Nautical Petroleum have today signed an agreement whereby Statoil will acquire 20.67% of Nautical Petroleum’s interest in UK offshore licence P335 containing the Mariner field. This strengthens Statoil’s position as operator, and together with its 81.6% in Bressay gives Statoil a more al
Faroe Petroleum, the independent oil and gas group focused on oil and gas exploration in the Atlantic Margin, Norway and the North Sea, announces its unaudited Interim Results for the six months ended 30 June 2010. Highlights Operations * Significant gas and condensate discovery in the Fogelberg wel
Each year the International Association of Dredging Companies (IADC) singles out a specific project or programme amongst its members as an example of excellence in safety. This year the IADC Board is happy to announce that the 2010 Safety Award has been presented to Royal Boskalis Westminster NV. As
