Aker Solutions has received a Letter of Intent for Sleipner Modifications Portfolio Agreement and the first project specific agreements herein; engineering, procurement, construction and installation (EPCI) for the Gudrun tie-in to Sleipner. This specific order will be worth approximately NOK 900 mi
Leading international oilfield service company Expro announced it has secured a four-year extension to a major contract with Statoil in Norway. Expro provides well testing and specialist data acquisition services across Statoil’s Norway operations. The contract extension will allow Expro to further
Aberdeen-based oil services group OEG Offshore (OEG) has launched a subsidiary in Houston to expand its operations in the Americas, increasing its worldwide network. OEG Offshore LLC (OEG US) will supply clients in the offshore oil and gas industry with specialist, pressurised A60 engineering cabins
Sevan Drilling AS, a wholly owned subsidiary of Sevan Marine ASA, has signed a mandate letter and term sheet with DVB Group Merchant Bank (Asia) Pte Ltd and NIBC Bank N.V. for the arrangement of a USD 530 million limited recourse secured term loan facility. The facility will replace the existing deb
Aberdeen-based Aiken Group has filled a gap in the market by “growing” its own talent in-house in a project spearheaded by the initiative of two students. The 23-year-old oil and gas firm is a leading and innovative supplier of integrated, solutions-based engineering and a specialist service provide
Eidesvik has entered into a contract to build the fourth platform supply vessel powered by natural gas, and by doing so Eidesvik has again proven a strong commitment to green solutions. Eidesvik built the world’s first natural gas powered cargo vessel as early as in 2003 (Viking Energy) and they are
After nearly two years of engineering, procurement, and project preparations, Dockwise has completed the first of two float-overs for the Vyborg Project in Korea. The Vyborg Project with total revenues of approximately USD 100 million is big in scope. And size: It involves moving two 15,000 metric t
The Clair Ridge Joint Venture has awarded Aker Solutions an EPC-contract for delivery of two steel jackets, which will be located west of Shetland. “Jacket structures is the core business for our yard in Verdal and I am pleased to see that we have won such a huge and important contract in an interna
Faroe Petroleum, the independent oil and gas company focusing on exploration, production, appraisal and undeveloped field opportunities in the Atlantic Margin, North Sea and Norway, announced that Hanne Harlem (age 45) has been appointed to the Board as an Independent Non-Executive Director, effecti
British company Red7Marine has become the owner of Damen’s new Stan Tug 1205, the first in a new ship series, which was only just unveiled to the market. Damen had decided to show its new tug series at the Seawork Show held in Southampton in mid-June. But already on the second day of the internation
Aker Solutions has won a contract to supply a further 2 500 feet riser extension to the Dragonquest (formerly Titanium Explorer) rig, which is owned by Valenica Drilling and managed by Vantage Drilling Company. The contract value is approximately NOK 90 million, including both riser joints and buoya
GSP Jupiter is carrying out drilling operations on the Bulgarian continental shelf for Melrose Resources. GSP’s offshore drilling rig operates in Kavarna East offshore perimeter, located between Kaliakra and Kavarna gas fields. GSP Orion, OSR, renders the offshore supply services for the duration of
CEDA as an official stakeholder has been participating in the work relating to the implementation of the EU Marine Strategy Framework Directive (MSFD) from the second part of 2009. This concise document introduces briefly the MSFD and explains why and in what way is CEDA involved in the discussions
Saipem has been awarded new offshore contracts worth over 1 billion euro. The contracts refer to activities to be carried out between 2010 and 2012 in the main offshore areas where Saipem is present, in particular in the Caspian Sea, both in the Kazakh and Azeri sectors, Brazil, the Middle East, Wes
