Petrobras and SINTEF have signed a General Research and Development agreement.The agreement was signed on 26th of August, as a part of the Innovation Norway Brazil Day at ONS in Stavanger, Norway. The Executive Manager of Cenpes (Petrobras’ R&D center), Carlos Tadeu, and CEO of SINTEF, Unni Steinsmo
The largest German oil and gas producer, Wintershall, continues to make headway on the path to becoming one of the leading operators on the Norwegian continental shelf. The company has now discovered five new oil fields in the North Sea in just one year, it announced at the international trade fair
Bergen-based specialist subsea service company DOF Subsea Norway has been awarded a contract for the provision of Complementary Offshore Geotechnical Survey by Shtokman Development AG. DOF Subsea will commence work in the Shtokman Gas Condensate field in early September utilising own vessel Geobay.
Kampers Pump Service will introduce its Green Light Pump System at SMM 2010. Kampers is exhibiting in the Holland Pavilion, Hall B7 stand 59. The new system is a tremendous step forward in easy discharging with twinscrew pumps. The intelligent Green Light Pump System regulates the flow of the pump.
At the offshore conference (‘ONS’) in Stavanger on August, 25, 2010, Arne Smedal was awarded the ONS 2010 Special Innovation Award. The ONS award committee stated: ‘This year the award goes to Arne Smedal, founder and Board Chair at Sevan Marine ASA for his excellent research-based innovative work o
Ensco plc reported today that it is now in possession of ENSCO 69, a jackup drilling rig that was reclassified as discontinued operations in second quarter 2009. As previously reported, Ensco terminated its contract for the rig with Petrosucre (a subsidiary of the Venezuela national oil company PDVS
Tullow Oil plc (Tullow), the independent oil and gas exploration and production Group, announces its half-yearly results for the six months ended 30 June 2010. These results are presented in US Dollars, the Group’s presentational currency with effect from 1 January 2010. 2010 Half-yearly results sum
Salamander Energy, an independent upstream oil and gas exploration and production company focused on Asia, announces its half year results for the six months ended 30 June 2010. HIGHLIGHTS FINANCIAL * Revenue up by 73% to $133.5 million (1H’09: $77.2 million) * Operating cashflow up by 56% to $63.2
The Norwegian Petroleum Directorate (NPD) has granted Total E&P Norge AS a drilling permit for wellbore 25/5-7, cf. Section 8 of the Resource Regulations. Wellbore 25/5-7 will be drilled from the Ocean Vanguard drilling facility at position 59° 39’ 43.27” north, 2° 34’ 15.37” east after a stay at th
STX Norway Offshore has signed contracts for the building of two icebreaker tugs to JSC Circle Marine Invest. The vessels will be delivered in 2011, and the total value of the two contracts amounts to approximately NOK 450 million (USD 71 million) . “We look forward to continuing the good cooperatio
Energy consultancy Xodus Group has won an open tender for the Detailed Design of the Huntington Development, the largest oil and gas discovery in the UK Central North Sea for five years. The contract worth approximately £1 million is one of the largest subsea projects the Aberdeen-based consultancy
The board of the SMIT Pension fund Foundation (Stichting Pensioenfonds SMIT) has recently been informed by the Dutch Central Bank (De Nederlandse Bank) that it needs to take accelerated measures to improve its financial position. The SMIT Pension fund informed her members this week on the current st
The world’s largest subsea engineering and project management company, Wood Group Kenny, has been awarded the Front End Engineering Design (FEED) and related project management support activities for the BG Norge AS, Jordbaer field development. The proposed field development, located in the North Ta
Norway: Wartsila Signs Extensive Service Agreement with Eidesvik