STX Norway Offshore has entered into a new contract with Olympic Shipping for the building of an LNG powered Platform Supply Vessel. The vessel is scheduled for delivery in Q1 2012. The new vessel is designed by STX Norway Offshore Design in Ålesund. The hull is to be built at Tulcea, Romania, and t
Songa Offshore SE announced that a paid relocation agreement has been entered into between Songa Offshore subsidiary Pegasus Invest Ltd and an un-named industry participant for potential business opportunities in Middle Americas. The agreement covers a fully paid relocation of Songa Saturn from curr
Dana announced that the Company (through its subsidiary Dana Petroleum (E&P) Limited) has entered into an agreement with Petro-Canada UK Limited (“Petro-Canada UK”), a wholly owned subsidiary of Suncor Energy Inc. (“Suncor”), to acquire Petro-Canada UK’s interests in certain UK assets (the “PCUK Ass
BW Offshore has signed the contract for the FPSO BW Carmen with Ithaca Energy (UK) Ltd and partners. The FPSO will be employed on the Athena oil field in the UK sector and is expected to commence production during 2H 2011. The contract includes a fixed charter period of three years, plus options for
Spring Energy announces the sale of 15% in PL 378 (containing the Grosbeak discovery), 20% in PL 375 (containing the Beta discovery) and 20% in PL 551 to Talisman Energy Norge AS (Talisman) for an amount between USD 114,5 million to USD 129,5 million pending certain near term milestones. As part of
The Board of Dana (the “Board”) is today posting a circular to Shareholders setting out the valuation of Dana based on an Independent Expert’s asset valuations. The Independent Expert’s Report supports the Board’s view that the offer made by Korea National Oil Corporation (“KNOC”) for all the issued
In accordance with the order of the Russian President Dmitry Medvedev and the directive of the Russian Government, the Board of Directors of Rosneft Oil Company appointed First Vice-President Eduard Khudainatov the President of the Company starting from September 6, 2010. Prior to his appointment as
Noreco’s oil and gas production in August 2010 was 10,475 barrels of oil equivalents (boe) per day. Net realized oil price was USD 74 per boe after adjustments for oil put options, inventory and NGL and gas prices. Total production from the Siri area in August was 16,700 boe/day (6,000 boe/day net t
ULSTEIN is present at the SMM exhibition in Hamburg 7-10 September and the Rio Oil and Gas exhibition in Rio de Janeiro 13 – 16 September. Design & Solutions Ulstein Group offers a broad range of ship designs for demanding operations within heavy offshore, offshore support and shortsea, and with a s
The Annual General Meeting (AGM) of CEDA this year will take place on Thursday, 28 October 2010 from 18:00 – 19:00 hours in Antwerp, Belgium. The AGM will follow a technical visit that will be organised by the Belgian Section of CEDA to A.M.O.R.A.S. the Antwerp dredged material treatment plan. The v
End of this year, Young CEDA is organizing several sessions for students and young professionals in Belgium and the Netherlands. The sessions focus on working in the dredging sector as a young professional. Young CEDA members from consultants, authorities and the industry will give an openhearted, i
Statoil has been granted consent to use the new pipeline L-103 from subsea template L to Åsgard B. The consent also entails changes to the process equipment on Åsgard B as a result of the new pipeline. There will be no changes to the process equipment on Åsgard A. Åsgard consists of the deposits Mid
The next CEDA Dredging Days conferences will take place in Rotterdam the Netherlands, from 10-11 November 2011 under the theme “Dredging and Beyond”. Dredging is no longer a stand-alone exercise, but rather is becoming part of a broader, more integrated project realization process. The dredging indu
Northern Offshore, Ltd. announced today that Mr. Paul Ravesies has joined the company as Senior Vice President, Marketing and Business Development. Gary W. Casswell, president and CEO, said, “Paul is a welcome addition to Northern Offshore. His broad experience in contracts, marketing, business deve
