ShawCor Ltd. announced its pipe coating division, Bredero Shaw, has received a contract with a value in excess of US$40 million to provide subsea insulation coatings for the Jack/St. Malo project, operated by Chevron North America Exploration and Production Company. The subsea flowlines and risers w
Dolphin AS, a subsidiary of Fred. Olsen Energy ASA , has entered into a Letter of Award with Premier Oil Norge AS for a one well drilling contract with the semi-submersible drilling rig Bredford Dolphin for operation on the Norwegian continental shelf. Commencement of the contract is estimated to Au
Aker Solutions has on 22 December 2010 entered into a share purchase agreement (SPA) whereby it has agreed to transfer operations within its Process and Construction business area to Jacobs Engineering Group Inc. (Jacobs), one of the world’s largest and most diverse providers of professional technic
AGR Drilling Services has signed contracts with Petrobras to provide its RMR® services for the corporation’s offshore operations. The two-year deals initially apply to operations in the Rio Grande do Norte/Ceara region, based in Natal. The Norwegian firm’s patented Riserless Mud Recovery system will
DryShips Inc. , a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, announced today that its Board of Directors has approved a share purchase program for up to a total of $25.0 million of common stock of its majority-owned subsidiary
Afren plc (“Afren” or the “Company”), issues the following update on development activities for the Ebok field, located offshore south east Nigeria. * Flow tests to date on three producers on the Central Fault Block have delivered a constrained aggregate rate of 12,500 bopd * Test data confirms init
The Rhode Island Manufacturers Association has filed a brief with the state Supreme Court that opposes a power-purchase agreement signed between the state’s largest electric utility and an offshore-wind power developer. The association submitted the amicus brief last week but has yet to learn whethe
Financing for the first phase of what will be the North Sea’s largest offshore wind farm has closed, with most of the funding commitment coming from the European Investment Bank. Eleven banks agreed to grant the request for 700 million euros ($918.82 million) for the first phase of the project. More
Seadrill has entered into a conditional agreement with BP Trinidad and Tobago LLC for a firm two year contract plus further one year option period for the newbuild semi-tender West Jaya offshore Trinidad and Tobago. Contract value for the firm period is approximately US$140 million including a mobil
ANCAP closed on December 13, 2010 an international tender for the acquisition of between 5.600 and 7.000 kilometers of 2D seismic data covering the Punta del Este and Pelotas basins as well as gravimetry and magnetometry data. Petroleum Geo-Services (Norway), CGG Veritas (France), GXT Ion (USA), Ref
Ulstein Group has sold nearly 70 offshore ship designs since the company started to develop Ulstein designs in 1999. Over 40 of these designs are for X-BOW® vessels, a new hull design that was launched five years ago. 15 X-BOW® vessels are already at work, and the feedback from crew is overwhelming.
Mechanical engineering group EnerMech has acquired Aberdeen Valve Supplies Ltd (AVS) in a deal believed to be worth around £1.5 million. AVS and its subsidiaries LG Ball Valves Ltd and Valve Paint Shop Ltd supply valves, valve controls and associated equipment and services to the oil, gas and petroc
Statoil has given Aker Solutions the assignment to build and install a compressor module on the Kristin platform in the Norwegian Sea. The module will help to improve recovery from the Kristin and Tyrihans fields. The engineering, procurement, construction and installation (EPCI) contract is for top
The mayors of the three Lambton County municipalities bordering Lake Huron are cool to the idea of erecting offshore wind turbines. Mike Bradley of Sarnia, Lonny Napper of Plympton-Wyoming and Bill Weber of Lambton Shores responded with caution to a recent Conference Board of Canada report on offsho
