Business & Finance
Norway: Statoil Receives Consent to Remove TOGI Template Installation
Statoil has received consent to remove the Troll Oseberg Gas Injection (TOGI) template from the seabed and transport it onshore for scrapping and recycling. The TOGI facility is part of production licence 085 and is located south of Troll Øst in block 31/6. The consent relates to removal of the actu
India: Global Offshore Orders Another Havyard Platform Supply Vessel
Norway’s Havyard Group group has once again signed a contract for delivery of a PSV vessel to Global Offshore with option for one further delivery. Since 2005 contracts to the value of NOK 2 billion have been signed with the Indian shipping company. This will become offshore vessel number 7 and 8 fr
Havyard Secures Order from India
Havyard Group is proof that it is possible for a Norwegian company to do successful business in India. The group has once again signed a contract for delivery of a PSV vessel to Global Offshore with option for one further delivery. Since 2005 contracts to the value of NOK 2 billion have been signed
UK: Stork Technical Services Honoured at Annual REACH Safety Awards
Stork Technical Services celebrated a year of outstanding safety performance at its second Annual REACH Safety Awards (Thursday 24 May). The awards recognise Stork employees and teams who, throughout 2011, delivered exceptional safety performance in line with the values of the company’s REACH safety
USA: Bentley Systems’ Latest SACS Software for Offshore Structures Design
Bentley Systems, Incorporated, the leading company dedicated to providing comprehensive software solutions for sustaining infrastructure, recently released the latest version of its SACS software for the analysis and design of new and existing fixed offshore oil and gas structures and wind farm stru
First Subsea Moors PSVM FPSO Offshore Angola
Subsea mooring connector specialist, First Subsea, has successfully completed the mooring of the PSVM (Plutao, Saturno, Venus and Marte) FPSO in 2,000 meters (6,562 feet) of water, in the BP Block 31 ultra deepwater development, offshore Angola. The external turret-moored FPSO has 12 mooring lines,
UK: Reef Despina and Reef Larissa Complete Maiden Projects
Reef Subsea AS announced that it has successfully completed two contracts for its new subsea support vessels to perform their maiden operations. The Reef Despina and Reef Larissa have recently completed their first projects for Aker Solutions and Heerema Marine Contractors, respectively. Reef Subsea
New PSC for Talisman and Petronas Carigali Offshore Malaysia
Petroliam Nasional Berhad (PETRONAS), the national oil company of Malaysia, has formally awarded Talisman Malaysia Limited and PETRONAS Carigali Sdn. Bhd. (PETRONAS Carigali) a new production sharing contract (PSC) for the continuing production, further development and improved recovery of crude oil
First Subsea Completes FPSO Deepwater Mooring in BP Block 31 Offshore Angola
Subsea mooring connector specialist, First Subsea, has successfully completed the mooring of the PSVM (Plutao, Saturno, Venus and Marte) FPSO in 2,000 meters (6,562 feet) of water, in the BP Block 31 ultra deepwater development, offshore Angola. The external turret-moored FPSO has 12 mooring lines,
UK: Ithaca Ends Takeover Talks
Ithaca Energy Inc. has ceased discussions with all parties regarding the potential acquisition of all of the outstanding shares of the Company. As previously announced, the Company received, initially, a confidential, non-binding proposal to acquire all of the outstanding shares of the Company and,
Bahri Receives New Chemical Tanker NCC SHAMS from Korean Shipyard
The National Shipping Company of Saudi Arabia Bahri announces that its 80% owned subsidiary company The National Chemical Carriers Ltd. Co. (NCC) received on Tuesday, 29th May 2012 in Korea a new chemical tanker named NCC SHAMS with DWT of 45,000 tons from SHINAsb (previously SLS) of South Korea, as
UK: Veripos Secures Positioning Contract from S3
Veripos, a world leader for provision of GNSS positioning support to the offshore oil and gas industry, has been commissioned by Aberdeen-based Specialist Subsea Services (S3), the survey, positioning and ROV subsidiary of the Reef Subsea group of companies, to supply facilities and equipment aboard
South Korea: STX Cuts Steel for High-Tech LNG Carrier
The South Korean shipyard STX Offshore and Shipbuilding began steel cutting for the first high-tech ship a series of four liquefied natural gas (LNG) carriers. The ships will be built on a joint class of Russian Maritime Register of Shipping (RS) and Lloyd’s Register (LR) with the symbol KM (*) Ice2
UK: Reef Subsea’s CSVs Complete Maiden Projects
Reef Subsea AS announced that it has successfully completed two contracts for its new subsea support vessels to perform their maiden operations. The Reef Despina and Reef Larissa have recently completed their first projects for Aker Solutions and Heerema Marine Contractors, respectively. Reef Subsea