Seadrill has exercised an option to build a new ultra-deepwater dual derrick drillship at the Samsung yard in South Korea. Total project price is estimated at US$600 million (includes project management, drilling and handling tools, spares, capitalized interest and operations preparations). The deli
Seadrill has exercised an option to build a new ultra-deepwater dual derrick drillship at the Samsung yard in South Korea. Total project price is estimated at US$600 million (includes project management, drilling and handling tools, spares, capitalized interest and operations preparations). The deli
Power conversion specialist Converteam has been selected to supply its sophisticated C-Series dynamic position (DP) control systems for two platform supply vessels (PSVs) destined for operation in the oil and gas fields of Russia’s northern seas. The award for Converteam’s sophisticated automatic po
The Australian federal government on Monday released the biggest area in more than a decade for offshore petroleum exploration, in a move… Source: Xinhua [mappress] Source:Xinhua, April 11, 2011;
CTC Marine has returned to Germany to continue the installation of subsea inter-array power cables on BARD Offshore 1 Wind Farm. The first array cable of the 2011 campaign has already been installed. CTC is installing 80 inter-array power cables in total on the 400MW development located in the Germa
Dr Marcus Jones has left his post as Chief Executive of the Institute of Marine Engineering, Science and Technology (IMarEST) in order to pursue new interests. He joined the Institute in January 2008 as Chief Operating Officer and took over as Chief Executive in May 2009. “Marcus has defined and led
Premier announces that the CRD-2X appraisal well in block 07/03 Vietnam has been drilled to a TD of 3785 metres MDRT, appraising the Miocene sands discovered in 2009 with the CRD-1X well. The well was deepened from the preliminary TD of 3109 metres MDRT to evaluate the Oligocene which was not tested
Power conversion specialist Converteam has been selected to supply its sophisticated C-Series dynamic position (DP) control systems for two platform supply vessels (PSVs) destined for operation in the oil and gas fields of Russia’s northern seas. The award for Converteam’s sophisticated automatic po
Chevron U.S.A. Inc. has awarded Framo Engineering the contract for engineering, procurement, manufacturing and delivery of complete subsea pumping systems for the Jack & St.Malo fields in the Gulf of Mexico. Framo Engineering Managing Director, Ole Gams Steine, states; “We are very proud and gratefu
Chevron U.S.A. Inc. has awarded Framo Engineering the contract for engineering, procurement, manufacturing and delivery of complete subsea pumping systems for the Jack & St.Malo fields in the Gulf of Mexico. Framo Engineering Managing Director, Ole Gams Steine, states; “We are very proud and gratefu
TGS-NOPEC Geophysical Company ASA (TGS) has entered into an agreement to acquire 100% of the shares of Stingray Geophysical Limited (Stingray). The transaction will provide TGS with a strong position in the rapidly growing market for Permanent Reservoir Monitoring (PRM) solutions. The acquisition wi
Gondan shipyard has just signed a new contract with the norwegian shipowner Ostensjo Rederi. This contract came into force the 8th april 2011. The new vessel is a supply vessel that will support the operation of Oil Rigs operating in the North Sea. This new unit will be construction number c444 and
Hydroid, Inc., a subsidiary of Kongsberg Maritime, the leading manufacturer of Autonomous Underwater Vehicles, announced that three of its REMUS 6000 AUVs aided in the search for and discovery of wreckage from downed Air France Flight 447 nearly two and a half miles below the surface off the Atlanti
TGS-NOPEC Geophysical Company ASA (TGS) has entered into an agreement to acquire 100% of the shares of Stingray Geophysical Limited (Stingray). The transaction will provide TGS with a strong position in the rapidly growing market for Permanent Reservoir Monitoring (PRM) solutions. The acquisition wi
