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Business & Finance

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PSA Norway Releases Report on Gullfaks A Lifting Incident
Business & Finance

PSA Norway Releases Report on Gullfaks A Lifting Incident

A number of non-conformities with the regulations have been found by the Petroleum Safety Authority Norway’s (PSA) investigation into an incident on Gullfaks A where one person was injured during a lifting operation. Taking place on 28 February 2011, this incident on the Statoil-operated installatio

about 15 years ago
Norway: Lundin Petroleum Starts Skalle Exporation Well Drilling in Barents Sea
Business & Finance

Norway: Lundin Petroleum Starts Skalle Exporation Well Drilling in Barents Sea

Lundin Petroleum AB (Lundin Petroleum) announces that drilling of exploration well 7120/2-3 in PL438 has commenced. The well will target the Skalle prospect, which is situated to the north of the Snøhvit field in the Barents Sea, offshore Norway. The main objective of well 7120/2-3 is to test Cretac

about 15 years ago
Leighton Holdings Appoints Dr. Frank Stieler as Non-Executive Director (Australia)
Business & Finance

Leighton Holdings Appoints Dr. Frank Stieler as Non-Executive Director (Australia)

The Board of Leighton Holdings Limited announces that Dr Frank Stieler (52), currently Chairman of the Executive Board of HOCHTIEF AG, has been appointed a Non-Executive Director of the Company . Dr Stieler joined HOCHTIEF AG in 2009 as a Member of the Executive Board and took over responsibility fo

about 15 years ago
Philippines: Nido to Spud Gindara-1 Well on May 21
Business & Finance

Philippines: Nido to Spud Gindara-1 Well on May 21

Nido Petroleum Philippines Pty Ltd (wholly owned subsidiary of Nido Petroleum Limited; on behalf of the SC 54B Joint Venture, announces that the ‘Atwood Falcon’ deepwater semi-submersible drilling rig was mobilized from Labuan, Malaysia at 01:00 hours on 14 May 2011 and is due to arrive at the Ginda

about 15 years ago
Singapore: Standard Drilling Orders 4 Jackup Rigs Worth USD 772 Million from Keppel FELS
Business & Finance

Singapore: Standard Drilling Orders 4 Jackup Rigs Worth USD 772 Million from Keppel FELS

Keppel FELS Limited’s (Keppel FELS) returning customer, Oslo-listed S.D. Standard Drilling Plc (Standard Drilling), has ordered four repeat KFELS B Class rigs worth US$772 million. Successive deliveries of these units are scheduled between 2H2013 and 1H2014. Standard Drilling ordered its first jacku

about 15 years ago
Unique System Signs Contract with NPCC to Support Projects in U.A.E
Business & Finance

Unique System Signs Contract with NPCC to Support Projects in U.A.E

Unique System FZE, a leading provider of specialized engineering solutions to the subsea and offshore oil and gas industries, has signed a two year contract with NPCC for the hire of air bags to support their various projects in the UAE. National Petroleum Construction Company, (NPCC), is one of the

about 15 years ago
DeepOcean Group Commences Operations as Independent Company (Norway)
Business & Finance

DeepOcean Group Commences Operations as Independent Company (Norway)

DeepOcean Group Holding AS , a new Norwegian private limited company, announced that it has commenced operations as an independent company following the successful completion of an out-of-court restructuring of the former Trico Supply Group of Trico Marine Services, Inc. . Pursuant to the out-of-cou

about 15 years ago
Brazil: Petrobras 1Q Net Income Jumps to Record High
Business & Finance

Brazil: Petrobras 1Q Net Income Jumps to Record High

Brazil’s state-controlled oil and gas company Petrobras posted a record net income in 1Q11: R$10.985 billion (USD 6.7 Billion), 42% up on last year. Higher gross profit (positive change of R$894 million) driven by 4% growth in the domestic production of oil and natural gas and a higher oil (+6%) and

about 15 years ago
Malaysia: Kencana to Build Gas Compression Modules for Shell’s E11 Hub Complex
Business & Finance

Malaysia: Kencana to Build Gas Compression Modules for Shell’s E11 Hub Complex

Kencana Petroleum Bhd (Kencana) announced that its subsidiary Kencana HL Sdn Bhd (Kencana HL) has successfully signed an agreement with … The Borneo Post [mappress] Source:TheBorneoPost, May 15, 2011;

about 15 years ago
Underwater Technology Conference to be Held in Bergen (Norway)
Business & Finance

Underwater Technology Conference to be Held in Bergen (Norway)

There has been some disinformation in the media concerning the Underwater Technology Conference and other petroleum exhibitions concentrated in Western Norway. The UTC is hosted by The Underwater Technology Foundation (UTF). The UTF was set up during the pioneering period of the Norwegian petroleum

about 15 years ago
Australia: Gladstone Western Basin Dredging Project Awarded to JV Van Oord – DEME
Business & Finance

Australia: Gladstone Western Basin Dredging Project Awarded to JV Van Oord – DEME

Van Oord Australia Pty Ltd and Dredging International (Australia) Pty Ltd have been awarded the second contract for the Western Basin Main Works Dredging at the Port of Gladstone, Queensland, Australia. This second contract signed on the 12th May 2011 with the Gladstone Ports Corporation involves th

about 15 years ago
Geo Networks and EirGrid Sign Agreement to Provide Second Subsea Cable Between UK and Ireland
Business & Finance

Geo Networks and EirGrid Sign Agreement to Provide Second Subsea Cable Between UK and Ireland

Geo Networks (Geo), a provider of high-performance fibre networks, has signed a commercial agreement with EirGrid, Ireland’s prominent electricity system operator and developer, to provide a second fibre optic subsea cable between the UK and Ireland. This route forms the second half of the diverse f

about 15 years ago
Norwegian Petroleum Directorate Announces April 2011 Production Figures
Business & Finance

Norwegian Petroleum Directorate Announces April 2011 Production Figures

Preliminary production figures for April 2011 indicate an average daily production of about 2 087 000 barrels of oil, NGL and condensate. This is an increase of 26 000 barrels compared to March. Gas production was about 7.4 billion Sm3, which is a decrease of 2.9 billion Sm3 compared to the previous

about 15 years ago
Canada: C-NLOPB Calls for Bids in the Newfoundland and Labrador Offshore Area
Business & Finance

Canada: C-NLOPB Calls for Bids in the Newfoundland and Labrador Offshore Area

C-NLOPB announced the details of the 2011 Calls for Bids in the Newfoundland and Labrador Offshore Area. Calls for Bids NL11-01 (Area “B” Western Newfoundland and Labrador Offshore Region), NL11-02 (Area “C” Flemish Pass/North Central Ridge) and NL11-03 (Area “C” Labrador Offshore Region) will consi

about 15 years ago
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