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Business & Finance

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DOF Subsea UK Secures Contracts with Saipem for Kizomba Field Off Angola
Business & Finance

DOF Subsea UK Secures Contracts with Saipem for Kizomba Field Off Angola

DOF Subsea AS’s subsidiary, the Aberdeen-based specialist subsea service company DOF Subsea UK has been awarded multiple contracts with Saipem. The first award is for the design and provision of 35 Subsea Transponder Frames for installation in the Kizomba Field, Angola. The second award is with Saip

about 15 years ago
Sweden: Lundin Petroleum Announces Capital Expenditure Budget of $540 M in 2011
Business & Finance

Sweden: Lundin Petroleum Announces Capital Expenditure Budget of $540 M in 2011

Lundin Petroleum AB announces the details of its USD 540 million development and exploration budget for 2011. The budget represents a 38 percent increase on the forecast 2010 capital expenditure. The development budget for 2011 is USD 240 million with a major focus on development activities in Norwa

about 15 years ago
RI Offshore Wind Farm Could be the First One in USA Says Deepwater Wind CEO
Business & Finance

RI Offshore Wind Farm Could be the First One in USA Says Deepwater Wind CEO

The primary architect of Maple Ridge Wind Farm is seeking to develop the nation’s first offshore wind farm. “I guess I like a challenge,”… By Steve Virkler (watertowndailytimes) [mappress] Source: watertowndailytimes, January 25, 2011

about 15 years ago
RI Offshore Wind Farm Could be the First One in USA Says Deepwater Wind CEO
Business & Finance

RI Offshore Wind Farm Could be the First One in USA Says Deepwater Wind CEO

The primary architect of Maple Ridge Wind Farm is seeking to develop the nation’s first offshore wind farm. “I guess I like a challenge,”… By Steve Virkler (watertowndailytimes) [mappress] Source: watertowndailytimes, January 25, 2011

about 15 years ago
Cyprus: Songa Offshore Increases the Ownership in Deepwater Driller Ltd
Business & Finance

Cyprus: Songa Offshore Increases the Ownership in Deepwater Driller Ltd

Reference is made to the press release sent out by Songa Offshore SE (the “Company”) on 24 March 2010 regarding the investment of 31,25% of the shares in Deepwater Driller Ltd (“Deepwater Driller”). Deepwater Driller owns the “Songa Eclipse”, a 6th generation Friede & Goldman ExD ultra-deepwater sem

about 15 years ago
China: FMC Technologies Wins $85 Million Order for CNOOC*s Liuhua 4-1 Development
Business & Finance

China: FMC Technologies Wins $85 Million Order for CNOOC*s Liuhua 4-1 Development

FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed an agreement with China National Offshore Oil Corporation ( CNOOC ) for the manufacture and supply of subsea production equipment for the Liuhua 4-1 development project. The award has a value of approximately $85 million in revenu

about 15 years ago
University of Maine Announces Offshore Wind Track at the Maine Wind Energy Conference January 25
Business & Finance

University of Maine Announces Offshore Wind Track at the Maine Wind Energy Conference January 25

The University of Maine announces an exciting addition to the Maine Wind Working Group’s Maine Wind Energy Conference. Learn more about Maine’s opportunity to lead the nation in deepwater offshore wind at the Offshore Wind Track at the Augusta Civic Center on January 25. Speaker topics include the e

about 15 years ago
Ireland Falls Behind With Offshore Wind Development
Business & Finance

Ireland Falls Behind With Offshore Wind Development

The EU is powering ahead in developing offshore wind but Ireland continues to fall behind, according to the National Offshore Wind… By Sarah Kirkwood (insideireland) [mappress] Source: insideireland, January 24, 2011

about 15 years ago
USA: Atwood Oceanics Announces Names for New Jack-Up Drilling Units
Business & Finance

USA: Atwood Oceanics Announces Names for New Jack-Up Drilling Units

Atwood Oceanics., a Houston-based international drilling contractor , today announced names for its three high-specification Pacific Class 400 jack-up rigs being constructed at PPL Shipyard PTE LTD in Singapore. The Atwood Mako, Atwood Manta and Atwood Orca are scheduled for delivery on September 30

about 15 years ago
Energy Experts Talk About Floating Wind Turbines at University of Maine (USA)
Business & Finance

Energy Experts Talk About Floating Wind Turbines at University of Maine (USA)

Nine energy experts spoke at the University of Maine on Saturday as part of a day-long event advertised as an opportunity to garner literal,… By Michael Shepherd (mainecampus) [mappress] Source: mainecampus, January 24, 2011

about 15 years ago
Brazil: OGX Strikes Hydrocarbons in Shallow Waters of Campos Basin
Business & Finance

Brazil: OGX Strikes Hydrocarbons in Shallow Waters of Campos Basin

OGX Petroleo e Gas Participacoes S.A. , the Brazilian oil and gas company responsible for the largest private sector exploratory campaign in Brazil, announced today the presence of hydrocarbons in the Albian section of well 1OGX28DRJS, which is located in the BMC41 block, in the shallow waters o

about 15 years ago
China: Cameron Receives Multi-Million Dollar Award for Subsea Systems
Business & Finance

China: Cameron Receives Multi-Million Dollar Award for Subsea Systems

Cameron has received an order for the supply of subsea production systems for a deepwater and offshore gas processing and pipeline project in the South China Sea. The project will include subsea equipment, as well as an agreement to provide additional services across the life of the field. Deliverie

about 15 years ago
Norway: Det Norske CFO Wins NPF Award
Business & Finance

Norway: Det Norske CFO Wins NPF Award

Erik Haugane, CFO og Det norske, has been awarded one of the oil industry’s highest awards, the NPF award. The award is a recognition of the effort made, and a stimulus for further work. The jury’s arguments for giving Haugane the price is that he is “one of few leaders of a Norwegian oil company [&

about 15 years ago
Gazprom, Socar Agree to Increase Azerbaijani Gas Purchases
Business & Finance

Gazprom, Socar Agree to Increase Azerbaijani Gas Purchases

Saint Petersburg hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Rovnag Abdullayev, President of the State Oil Company of Azerbaijan Republic (SOCAR). The parties addressed the results of cooperation in 2010. Gazprom and SOCAR agreed that the jo

about 15 years ago
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