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Business & Finance

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Norway: Bergen Group Bags Offshore Crane Construction Contracts Worth USD $6.7 Million
Business & Finance

Norway: Bergen Group Bags Offshore Crane Construction Contracts Worth USD $6.7 Million

Bergen Group Dreggen been awarded contracts for the production of a total of six cranes with a total value of NOK 40 million (USD $ 6.7 Million). Deliveries will be carried out during the period 4 quarter 2011 to 2nd quarter of 2013. The contracts are with customers in Korea, Singapore and Holland.

about 16 years ago
Statoil Gets a Nod for Drilling 15/6-12 Well Offshore Norway
Business & Finance

Statoil Gets a Nod for Drilling 15/6-12 Well Offshore Norway

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 15/6-12, cf. Section 8 of the Resource Management Regulations. Well 15/6-12 will be drilled from the Transocean Leader drilling facility at position 58º 37’ 48.53” North 01º 44’ 15.47” East after the rig

about 16 years ago
Australia: AWE’s Silvereye-1 Starts Drilling
Business & Finance

Australia: AWE’s Silvereye-1 Starts Drilling

AWE Limited reports that at 0900 hours today, the Silvereye-1 exploration well was at a depth of 1,112 metres and preparing to drill ahead in 12-1/4” hole after running 13-3/8” casing. Progress for the week was 972 metres. Silvereye-1 is an exploration well located in the offshore Bass Basin within

about 16 years ago
Van Oord Commissions Sietas with Construction of jack-up Vessel and Places Option for a Second
Business & Finance

Van Oord Commissions Sietas with Construction of jack-up Vessel and Places Option for a Second

Sietas is to be the first German shipyard to develop and build a jack-up vessel used for offshore wind farm installation. The order, which was signed today in Hamburg, comes from prestigious Dutch-based marine contractor Van Oord, working on dredging, offshore and marine engineering projects worldwi

about 16 years ago
The Netherlands: Smit Heavy Lift Europe B.V. profits from OCTOPUS-Onboard
Business & Finance

The Netherlands: Smit Heavy Lift Europe B.V. profits from OCTOPUS-Onboard

After leasing Amarcon’s Portable Surveyor Box for several weeks, Smit Heavy Lift Europe B.V. decided to purchase OCTOPUS-Onboard for the installation on her Smit Taklift 4 vessel. Where the Portable Surveyor Box is used to monitor and advice in one-time-only projects, OCTOPUS-Onboard is a permanent

about 16 years ago
GDF SUEZ Enters the Exploration in Greenland Waters
Business & Finance

GDF SUEZ Enters the Exploration in Greenland Waters

GDF SUEZ has signed its official entry in two exploration gas and oil licenses with the Greenlandic Ministry of Industry and Mineral Resources. The consortium between GDF SUEZ, Shell (operator) and Statoil has been granted two exploration offshore licenses in Blocks 5 and 8, located in the Baffin Ba

about 16 years ago
USA: Pride International Settles FCPA Issues and Comments on Compliance Program
Business & Finance

USA: Pride International Settles FCPA Issues and Comments on Compliance Program

Pride International, Inc. announced that it completed its settlement with the U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) of outstanding U.S. Foreign Corrupt Practices Act (FCPA) matters that were voluntarily and promptly self-reported to the DOJ and the SEC in

about 16 years ago
Norway: Bergen Group Chooses EDB ErgoGroup as an IT Supplier
Business & Finance

Norway: Bergen Group Chooses EDB ErgoGroup as an IT Supplier

The maritime industrial group Bergen Group has entered into an agreement with EDB ErgoGroup for the provision of IT operating and management services for the group’s core IT solutions. The agreement runs for three years, and represents total contract value of approximately NOK 33 million (approximat

about 16 years ago
Norway: Statoil Awards Aibel $25 Million Contract for Gullfaks C Works
Business & Finance

Norway: Statoil Awards Aibel $25 Million Contract for Gullfaks C Works

Statoil has awarded Aibel a contract for modifications on the Gullfaks C platform. The modifications are to be undertaken in order to connect the Pan/Pandora satellite field to the processing facilities on Gullfaks C. This is the first of a number of fast-track projects that Statoil plans to underta

about 16 years ago
Polar Star SSFDR Naming Ceremony Held in South Korea
Business & Finance

Polar Star SSFDR Naming Ceremony Held in South Korea

On December, 3 in South Korea a solemn name-giving ceremony was held for the first semi-submersible floating drilling rig constructed within the frames of Shtokman gas-condensate field development according to the contract signed in 2007 between Gazflot LLC and Vyborg Shipyard JSC for engineering an

about 16 years ago
Tycoon Donald Trump to Fight Planned Offshore Windfarm in Aberdeen Bay (UK)
Business & Finance

Tycoon Donald Trump to Fight Planned Offshore Windfarm in Aberdeen Bay (UK)

TYCOON Donald Trump today slammed plans for a windfarm in Aberdeen Bay which he fears will ruin views from his £750 million Balmedie golf… By David Ewen (eveningexpress) [mappress] Source: eveningexpress, December 08, 2010

about 16 years ago
Ghana: Vitol Appointed as Exclusive Marketer of Tullow Oil’s Jubilee Production
Business & Finance

Ghana: Vitol Appointed as Exclusive Marketer of Tullow Oil’s Jubilee Production

Vitol SA has been awarded the contract to be the exclusive marketer of Tullow Oil’s share of production from the Jubilee field, offshore Ghana. First Oil is expected on December 15th 2010. Jubilee crude oil is a light, sweet crude oil that was discovered offshore Ghana in 2007. The field was named ‘

about 16 years ago
USA: BP Buys Gulf Of Mexico Assets from Shell
Business & Finance

USA: BP Buys Gulf Of Mexico Assets from Shell

W&T Offshore, Inc. that Shell Offshore Inc. has informed W&T that BP Exploration & Production Inc., the operator of the Gulf of Mexico deepwater blocks Viosca Knoll 871 & 915, known as the Marlin and Dorado Fields, has elected to exercise its preferential rights to purchase Shell’s interest in the f

about 16 years ago
Husky Signs a Deal with CNOOC for Liwan 3-1 Field Development Offshore China
Business & Finance

Husky Signs a Deal with CNOOC for Liwan 3-1 Field Development Offshore China

Husky Energy Inc. (Husky)announces that its wholly owned subsidiary, Husky Oil China Ltd., has signed a Heads of Agreement with China National Offshore Oil Corporation (CNOOC), specifying the key principles of cooperation for funding and operation of the Liwan 3-1 deep water gas field development. “

about 16 years ago
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