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Business & Finance

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Norway: Havyard Inks Deal for Delivery of Platform Supply Vessel Design Drawings
Business & Finance

Norway: Havyard Inks Deal for Delivery of Platform Supply Vessel Design Drawings

Havyard Global Solutions AS has signed a contract with a foreign owner for the delivery of design and production drawings for the construction of a Havyard 832 CD Platform Supply Vessels (PSV). The hull of the ship is to be built at JSC Shipyard Zaliv, Ukraine and complete outfitting of the ship wil

about 15 years ago
Nido Prepares to Spud Gindara-1 Well, Offshore Philippines
Business & Finance

Nido Prepares to Spud Gindara-1 Well, Offshore Philippines

Nido Petroleum Philippines Pty Ltd (wholly owned subsidiary of Nido Petroleum Limited; , on behalf of the SC 54B Joint Venture, provides the following update on SC 54B. Mobilisation activities related to the drilling of the Gindara‐1 well have commenced. Load‐out of the drilling materials is underwa

about 15 years ago
Nexans Wins Contract from Statoil to Design DEH System for Fossekall Dompap Field (Norway)
Business & Finance

Nexans Wins Contract from Statoil to Design DEH System for Fossekall Dompap Field (Norway)

Nexans, a worldwide leading expert in the cable industry, has been awarded a 20 million euro contract by Statoil to design and manufacture the direct electrical heating (DEH) system for the subsea pipelines serving the new Fossekall Dompap oil and gas field on the Norwegian Continental Shelf. The Fo

about 15 years ago
USA: Oil States Industries Launch Enhanced FlexJoint(R) Riser Connector Technology
Business & Finance

USA: Oil States Industries Launch Enhanced FlexJoint(R) Riser Connector Technology

Oil States International, Inc. announced that its Oil States Industries subsidiary has launched its newly enhanced FlexJoint(R) riser connector technology. The innovative Gen II FlexJoint(R) riser design has been upgraded to extend service life at sustained high temperatures and under high-pressure

about 15 years ago
Oil States International Launches Second-Generation FlexJoint(R) Riser Technology (USA)
Business & Finance

Oil States International Launches Second-Generation FlexJoint(R) Riser Technology (USA)

Oil States International, Inc. announced that its Oil States Industries subsidiary has launched its newly enhanced FlexJoint(R) riser connector technology. The innovative Gen II FlexJoint(R) riser design has been upgraded to extend service life at sustained high temperatures and under high-pressure

about 15 years ago
Ministry of Mines, Industry & Energy Approves MOU for LNG Train 2 in Equatorial Guinea
Business & Finance

Ministry of Mines, Industry & Energy Approves MOU for LNG Train 2 in Equatorial Guinea

Ophir Energy plc (Ophir), an Africa-focused upstream oil and gas company, notes the announcement released on 21 April 2011 by the Ministry of Mines, Industry & Energy of Equatorial Guinea of the approval and signing of a Memorandum of Understanding (MoU) relating to the commercial structure of the L

about 15 years ago
Iran: Kish Gas Field Holds More than 70 Trillion Cubic Feet of Gas, Says PEDEC Director
Business & Finance

Iran: Kish Gas Field Holds More than 70 Trillion Cubic Feet of Gas, Says PEDEC Director

Kish gas field reservoir holds more than 70 trillion cubic feet of gas and it is thought the exact figure to be higher, the managing director of Petroleum Engineering and Development Company (PEDEC), Naji Sadouni announced. He went on to say that development of three phases of Kish gas field had bee

about 15 years ago
UK: Subsea 7 Builds First Commercial Autonomous Inspection Vehicle (AIV)
Business & Finance

UK: Subsea 7 Builds First Commercial Autonomous Inspection Vehicle (AIV)

Subsea 7, a global leader in seabed-to-surface engineering, construction and services, announced that it has completed the design and build of the first commercial AIV, a technology which has the potential to revolutionise Life-of-Field projects. Subsea 7 has an ambitious plan to develop a series of

about 15 years ago
USA: Petsec Provides Drilling Update for Marathon #2 Well
Business & Finance

USA: Petsec Provides Drilling Update for Marathon #2 Well

Petsec Energy advises that as at 2 May 2011, the Marathon #2 well had reached a measured depth of 12,770 feet (3,892 metres) and is currently drilling ahead. The well is projected to reach its total depth of 21,000 feet (6,500 metres) within approximately 10 to 12 weeks. The Marathon #2 well is a [&

about 15 years ago
UK: Subsea 7 Builds First Commercial AIV
Business & Finance

UK: Subsea 7 Builds First Commercial AIV

Subsea 7, a global leader in seabed-to-surface engineering, construction and services, today announced that it has completed the design and build of the first commercial AIV, a technology which has the potential to revolutionise Life-of-Field projects. Subsea 7 has an ambitious plan to develop a ser

about 15 years ago
USA: Cuming Corporation Bags Multiple International Contracts
Business & Finance

USA: Cuming Corporation Bags Multiple International Contracts

Cuming Corporation, a leading manufacturer of deep water and ultra-deep water buoyancy for more than 30 years, today announced the signing of multiple international contracts. The company made the announcement at the Offshore Technology Conference (OTC), May 2 – 5, 2011, at Reliant Park in Houston.

about 15 years ago
Unique Maritime Group Signs Contract with NPCC to Supply Survey Equipment for Projects in UAE and India
Business & Finance

Unique Maritime Group Signs Contract with NPCC to Supply Survey Equipment for Projects in UAE and India

Unique Maritime Group a leading provider of specialized engineering solutions to the subsea and offshore oil and gas industries entered into a long term contract with NPCC, Abu Dhabi to supply Survey Equipment on rental basis for various projects in the UAE and India. The NATIONAL PETROLEUM CONSTRUC

about 15 years ago
OTC 2011: ExxonMobil Gets Special Recognition for its Deepwater Development Strategy in Angola
Business & Finance

OTC 2011: ExxonMobil Gets Special Recognition for its Deepwater Development Strategy in Angola

The Offshore Technology Conference (OTC) presented ExxonMobil Development Company with a special citation for the development and implementation of the “Design One, Build Multiple” strategy that successfully delivered large-scale deepwater projects offshore Angola on Block 15 that achieved peak prod

about 15 years ago
KBR Wins Detailed Engineerig Work for South Arne Phase 3 Project, Offshore Denmark
Business & Finance

KBR Wins Detailed Engineerig Work for South Arne Phase 3 Project, Offshore Denmark

KBR announced today that it has been named as subcontractor by Dragados Offshore, S.A. (Dragados) for the detailed engineering work on the South Arne Phase 3 Project, an expansion of the existing South Arne field located offshore in the Danish sector of the North Sea. “KBR delivered the original Sou

about 15 years ago
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