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Business & Finance

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SubseaOperations & MaintenanceFossil EnergyEquipment
Subsea 7 Wins SURF Contract Worth USD 70 Million from Statoil for Tordis Area in North Sea (Norway)
Business & Finance

Subsea 7 Wins SURF Contract Worth USD 70 Million from Statoil for Tordis Area in North Sea (Norway)

Subsea 7 S.A. announced the award of a SURF contract valued at approximately $70 million from Statoil on the Tordis Area in the North Sea. This contract is for the engineering, procurement and installation of two 10” 12 km oil production pipelines, together with a pull-in to Gullfaks C and tie-in at

about 15 years ago
Norway: Subsea 7 Bags Tordis SURF Contract
Business & Finance

Norway: Subsea 7 Bags Tordis SURF Contract

Subsea 7 S.A. announced today the award of a SURF contract valued at approximately $70 million from Statoil on the Tordis Area in the North Sea. This contract is for the engineering, procurement and installation of two 10” 12 km oil production pipelines, together with a pull-in to Gullfaks C and tie

about 15 years ago
Hydroid Adds Development of Software for AUVs to its Certification Under ISO 9001:2008 (Norway)
Business & Finance

Hydroid Adds Development of Software for AUVs to its Certification Under ISO 9001:2008 (Norway)

Hydroid, Inc., a subsidiary of Kongsberg Maritime, the leading manufacturer of Autonomous Underwater Vehicles, announced that it has added Software Development to its Certificate of Registration of Quality Management System to I.S. EN ISO 9001:2008. The company has been assessed by an independent ag

about 15 years ago
Norway: Lundin Petroleum Wins New Exploration Licence in Barents Sea
Business & Finance

Norway: Lundin Petroleum Wins New Exploration Licence in Barents Sea

Lundin Petroleum AB announces that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has been awarded a new exploration license interest in the 21st Norwegian Licensing Round. The awarded license, PL609 is located in the Barents Sea. Lundin Norway will be the operator of PL609 with 40 per

about 15 years ago
MHI Wins Order from PGS for Two 3D Seismic Vessels (Japan)
Business & Finance

MHI Wins Order from PGS for Two 3D Seismic Vessels (Japan)

Mitsubishi Heavy Industries, Ltd. (MHI) has received an order for two vessels capable of three-dimensional (3D) seismic data acquisition for sea bottom resource exploration from Petroleum Geo-Services ASA (PGS), a leading company in marine seismic and reservoir data acquisition, processing and analy

about 15 years ago
Cyprus: Prosafe Announces Rig Utilisation of 61 pct for 1Q 2011
Business & Finance

Cyprus: Prosafe Announces Rig Utilisation of 61 pct for 1Q 2011

Rig utilisation in the first quarter of 2011 was 61 per cent. Safe Esbjerg, Safe Lancia, Jasminia, Safe Hibernia, Safe Britannia and Safe Regency have been fully utilised in the first quarter. MSV Regalia(photo) operated for BP at Valhall on the Norwegian Continental Shelf from mid March. Safe Scand

about 15 years ago
China: Wang Yilin Steps Up as New CEO of CNOOC
Business & Finance

China: Wang Yilin Steps Up as New CEO of CNOOC

The Board of Directors (“the Board”) of CNOOC Limited announced today that, Mr. Fu Chengyu has resigned as Chairman of the Board and non-executive director of the Company. Mr. Wang Yilin has been appointed as new Chairman of the Board and non-executive director of the Company. The aforementioned cha

about 15 years ago
Japan: PGS Orders Two Seismic Vessels at Mitsubishi Heavy
Business & Finance

Japan: PGS Orders Two Seismic Vessels at Mitsubishi Heavy

Mitsubishi Heavy Industries, Ltd. (MHI) has received an order for two vessels capable of three-dimensional (3D) seismic data acquisition for sea bottom resource exploration from Petroleum Geo-Services ASA (PGS), a leading company in marine seismic and reservoir data acquisition, processing and analy

about 15 years ago
SAL Wins Contract for Transport of Eight Drilling Templates for Goliat Field Offshore Norway
Business & Finance

SAL Wins Contract for Transport of Eight Drilling Templates for Goliat Field Offshore Norway

SAL was awarded a contract for the transport, loading and discharging of eight drilling templates for the Goliat offshore exploration project in Hammerfest, Norway. In March 2011, SAL’s new building of type 183, MV “Svenja”, loaded the first lot of four drilling templates in Egersund, Norway. The ca

about 15 years ago
SAL to Transport Drilling Templates to Goliat Field, Offshore Norway
Business & Finance

SAL to Transport Drilling Templates to Goliat Field, Offshore Norway

SAL was awarded a contract for the transport, loading and discharging of eight drilling templates for the Goliat offshore exploration project in Hammerfest, Norway. In March 2011, SAL’s new building of type 183, MV “Svenja”, loaded the first lot of four drilling templates in Egersund, Norway. The ca

about 15 years ago
Van der Velden Expands its Activities with Establishment of New Division (The Netherlands)
Business & Finance

Van der Velden Expands its Activities with Establishment of New Division (The Netherlands)

Van der Velden Marine Systems is further expanding its activities with the establishment of a new division: Van der Velden Equipment B.V. In addition to the maritime market, this new division will also serve the onshore industry and energy markets (power stations). Under its former name of Van der V

about 15 years ago
Fred. Olsen Energy Orders Ultra-Deepwater Drillship from HHI Worth USD 615 Million (South Korea)
Business & Finance

Fred. Olsen Energy Orders Ultra-Deepwater Drillship from HHI Worth USD 615 Million (South Korea)

A wholly owned subsidiary of Fred. Olsen Energy ASA has entered into a turnkey contract with Hyundai Heavy Industries Co., Ltd. for the building of a new ultra-deepwater drillship with scheduled delivery in 3rd quarter 2013. Total project cost is estimated to USD 615 million (including spare parts,

about 15 years ago
Nido, PNOC-EC JV to Drill Exploration Well in SC63 Offshore Palawan, Philippines
Business & Finance

Nido, PNOC-EC JV to Drill Exploration Well in SC63 Offshore Palawan, Philippines

Nido Petroleum Limited, on behalf of the SC 63 Joint Venture, announces Board approval to enter into the next Sub-Phase of the SC 63 exploration program. Sub-Phase 2b of SC 63, commencing on 24 May 2011, carries a one well commitment to be drilled not later than 24 November 2012 and represents the n

about 15 years ago
Fred. Olsen Energy Orders New Ultra-Deepwater Drillship Worth USD 615 Million at HHI, South Korea
Business & Finance

Fred. Olsen Energy Orders New Ultra-Deepwater Drillship Worth USD 615 Million at HHI, South Korea

A wholly owned subsidiary of Fred. Olsen Energy ASA has entered into a turnkey contract with Hyundai Heavy Industries Co., Ltd. (HHI) for the building of a new ultra-deepwater drillship with scheduled delivery in 3rd quarter 2013. Total project cost is estimated to USD 615 million (including spare p

about 15 years ago
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