Vantage Drilling Company announced today that it has received a letter of award for an eighteen month drilling program in Thailand for the Emerald Driller. The contract will commence in continuity with the completion of the Emerald Driller’s current contract. Estimated revenues to be generated over
Preparations for repair of the NorNed cable between Norway and the Netherlands are currently well underway, TenneT says in an update on the NorNed-failure. The problem was caused by a cable failure approx. 300 metres off the Dutch coast. A new cable section will replace the portion of the cable affe
China National Offshore Oil Corporation (CNOOC), the largest offshore oil and gas producer in China, has selected Intergraph® SmartPlant® Foundation to manage the engineering information of its offshore platforms and oil fields as part of CNOOC’s Engineering Digital Information System (EDIS) project
Emerson Process Management has launched the latest version of its production management system, Roxar Fieldwatch 2.3. The new version incorporates a wide range of Emerson’s reservoir monitoring instrumentation, providing operators with a more complete picture of the reservoir and of production activ
Keppel FELS Limited (Keppel FELS) has secured contracts to build two high-specification KFELS B Class Bigfoot jackup rigs from returning customer Gulf Drilling International Ltd. (q.s.c.) (GDI) of Qatar, worth about US$393 million. These latest contracts follow closely after Keppel FELS was awarded
On Tuesday 8 March 2011, Huisman, the Dutch-based specialist in lifting, drilling and subsea solutions, successfully completed the load testing of the new build 600mt Pedestal Crane onboard Wind Turbine Installation Vessel “MPI Resolution”. The load test was the final step before the crane was hande
Maersk Oil ,a Danish oil and gas company owned by the A. P. Moller-Maersk Group,made a profit of USD 512m (USD 450m in 2010) and a ROIC of 44.1% (35.2%), positively affected by a 38% higher average oil price at USD 105 per barrel, partly offset by tax rate increase in the UK. The […]
Nautronix announces the appointment of Richard Harris as the new Vice President of Sales for the Americas region. Richard joins the company with a strong background in the subsea service sector having held positions at Ashtead Technology, Sonsub, Technip and most recently as a Sales Manager for Acer
The Nord Stream Pipeline takes another important step towards its target of starting to deliver gas directly from Russia to the European Union by the end of 2011. Preparations for welding together two of the three sections of the 1,224 kilometre pipeline through the Baltic Sea have now started. They
Tap Oil Limited (“Tap”) provides the following update on the Finucane South-1A exploration well, offshore Carnarvon Basin, Western Australia. Location/Proposed Depth The Finucane South-1 and 1A wells are located in permit WA-191-P, in the northern end of the Carnarvon Basin. The well location is lat
In April Cargotec secured an order to supply two active heave-compensated (AHC) cranes for Volstad Maritime’s large offshore construction vessel (OCV) on order at Bergen Group Fosen shipyard in Norway (hull 89), which is scheduled for delivery in the second quarter of 2012. The contract comprises a
The Nord Stream Pipeline takes another important step towards its target of starting to deliver gas directly from Russia to the European Union by the end of 2011. Preparations for welding together two of the three sections of the 1,224 kilometre pipeline through the Baltic Sea have now started. They
DP World Limited will today hold its Annual General Meeting for the year ended 31 December 2010. Mohammed Sharaf, Chief Executive Officer wi… More info: dpworld [mappress] Source: dpworld, May 11, 2011;
E.ON remains on course despite extraordinary business and energy-policy challenges. Its forecast for full-year 2011 is nearly unchanged despite the anticipated negative impact of the economic crisis on its power business and rising margin pressure in its gas business plus the additional negative imp
