Principle Power, Inc., Energias de Portugal, or EDP, and InovCapital – Sociedade de Capital de Risco, SA have signed a project agreement… (quote) [mappress] Source: quote, February 21, 2011
Statoil is sending out an invitation to tender for a new type of drilling rig. It is specially-designed by the industry on behalf of Statoil for use on mature fields on the Norwegian continental shelf (NCS). The purpose is to make drilling and completion of production wells less expensive, more effe
Hamworthy has signed a contract with FPSO Owner OSX 1 Leasing B.V., a subsidiary of OSX Brasil S.A., for delivery of its newest generation Vessel Internal Electrostatic Coalescer (VIEC®) technology to the FPSO OSX-1. Upon completion of customization works currently in progress in Singapore, the FPSO
Deep Sea Supply (“The Company”) has sold the two AHTS vessels “Sea Otter” and “Sea Marten”. The vessels, which are the smallest AHTS vessels in the Company’s fleet, are currently on time charter contracts to Petrobras. The vessels were sold to an international offshore supply company at attractive p
THE UK government is expected to announce further funding for the renewable energy sector following calls for a £100 million fund to support… By Peter Ranscombe (scotsman) [mappress] Source: scotsman, February 21, 2011
THE UK government is expected to announce further funding for the renewable energy sector following calls for a £100 million fund to support… By Peter Ranscombe (scotsman) [mappress] Source: scotsman, February 21, 2011
The Expro Meters team at leading international oilfield services company Expro announces it has manufactured and shipped its 100th ActiveSONAR flow surveillance system as it continues to grow its UK customer base. Following a successful trial of Expro Meters’ flow surveillance products, Centrica hav
Following the successful share issue and with reference to the Letter of Intent announced 20 January 2011, Aker Drilling has through its subsidiary Aker Drilling Offshore Services Public Ltd. confirmed the turn key, EPC contract for construction of two ultra-deepwater drillships from DSME. The two d
Reliance Industries Limited and BP today announced a historic partnership between the two companies. Mr. Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, and Mr. Robert Dudley, BP Group Chief Executive, signed the relationship framework and transactional agreements in Lo
Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD), the largest provider of dredging services in the United States and a major provider of commercial and industrial demolition services, today announced that its 2011 Annual Meeting of Stockholders will be held on May 4, 2011 at 10:00 am CDT at Lewis
AGR Petroleum Services has secured a contract worth more than £450,000 to provide its risk management software to Petronas, Malaysia’s National Oil Company (NOC). AGR’s P1™ version 3.9.9 technology allows operators to maximise performance during well construction projects by drawing on data from pre
Seadrill has agreed a new three-year contract with Chevron Thailand Exploration and Production offshore Thailand for the tender rig T12 with a two- year option period. Estimated contract value is approximately US$132 million, and commencement of the assignment is scheduled for the second quarter thi
BG Norge AS has received consent to use the mobile facility West Alpha for drilling of wells 15/12-E1H and 6/3-A1H in the southern part of the North Sea. The wells (the Gaupe field) belong to production licence 292 and are located approx. 240 kilometres southwest of Stavanger, near the UK shelf bord
Reference is made to the press release on February 16, 2011 regarding the close of the Private Placement in North Atlantic Drilling Ltd. (“NADL” or the “Company”). The Private Placement was closed on February 16, 2011 at 12:00. However, due to significant over-subscription, the NADL share allocation
