STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, announces that it has secured a new contract for the design and construction of a Platform Supply Vessel of own design for an undisclosed international customer. The vessel i
Hyperdynamics Corporation announced today that Andrei Orlov has joined the company as Vice President for Business Development based in London, England. Orlov most recently was a Regional Director of Foster Wheeler, a global engineering and construction firm, and prior to that, Vice President for Bus
Statoil’s internal investigation into the gas leakage on the Gullfaks B platform in the North Sea on 4 December 2010 has been concluded and the report presented to the Petroleum Safety Authority Norway. A pipeline was being replaced, following the completion of maintenance on a choke valve, when a g
Rolls-Royce, the global power systems company, has won a £20 million (USD$ 32.3 million) order from Chinese conglomerate Sinopec to design and equip a specialist seismic research vessel. When operational it will carry out detailed surveys of the seabed to identify oil and gas reserves. The contract
SGS announces its attendance at Gastech 2011 from March 21 to 24. Having attended for a number of years, SGS will be exhibiting along with the world’s leading gas industry experts at the Amsterdam RAI, where Gastech 2011 will take place. SGS will be presenting its wide range of services for the oil,
Petroleum Geo-Services ASA (PGS) has signed a Letter of Award with Mitsubishi Heavy Industries Ltd. for the delivery of two Ramform W-class vessels, with the option for another two ships. The vessels are the first in the new, fifth generation Ramform series. Planned deliveries of the two first vesse
ABB, the leading power and automation technology group, has signed a cooperation agreement with Canyon Offshore for trenching services to support ABB’s subsea high-voltage cable installation projects. “Subsea cables are increasingly being deployed for interconnections and offshore wind integration p
ABB, the leading power and automation technology group, has signed a cooperation agreement with Canyon Offshore for trenching services to support ABB’s subsea high-voltage cable installation projects. “Subsea cables are increasingly being deployed for interconnections and offshore wind integration p
North Atlantic Drilling Ltd. (“NADL” or the “Company”) has completed the first tranche and closed the order book in the private placement of 250,000,000 new ordinary shares of US$1.00 par value at a subscription price of US$1.70, raising US$425,000,000 in gross proceeds to the Company (the “Private
Det norske oljeselskap ASA is working actively on three potential development projects. In the fourth quarter, Det norske recorded high operating revenues. In 2010, Det norske oljeselskap ASA confirmed its position as one of the most active exploration companies on the Norwegian continental shelf an
ION Geophysical Corporation announced that its GX Technology (GXT) Imaging Solutions group has established a new seismic data processing center in Rio de Janeiro. A joint venture of GXT and Brazilian energy consultancy Bratexco, GX Technology Processamento de Dados Ltda. will provide advanced imagin
Eni, the international oil and gas company, today announces the Group preliminary results for the fourth quarter and the full year 2010 (unaudited). Paolo Scaroni, Chief Executive Officer (Photo), commented: “In 2010, Eni delivered operating and financial results which rank among the best in its pee
LLOG Exploration Company, L.L.C. (and affiliate, LLOG Exploration Offshore, L.L.C.) today provided an update on five discoveries being developed in the Deepwater Gulf of Mexico and announced the launch of the company’s website. The five development projects are all scheduled to be on line by the fir
Origin Energy Limited, on behalf of its wholly owned subsidiary Origin Energy Kenya Pty Ltd (“Origin”) advises that it has reached agreement with a subsidiary of US independent Apache Corporation (“Apache”), to divest a 50% undivided interest in a Production Sharing Contract (PSC) for petroleum expl
