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Business & Finance

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EnerMech Invest in New HQ, Middle East and Singapore Bases
Business & Finance

EnerMech Invest in New HQ, Middle East and Singapore Bases

Mechanical engineering specialist, EnerMech, has backed up its ambition to develop a global business with the £4 million purchase of its headquarters building in Aberdeen. In addition to the purchase of the previously leased property, a £400,000 refurbishment programme is underway, which includes pl

about 16 years ago
Norway: Eidesvik Offshore Confirms Vessel no 2 with Kleven Maritime
Business & Finance

Norway: Eidesvik Offshore Confirms Vessel no 2 with Kleven Maritime

In July this year Kleven Maritime entered into a contract with Eidesvik Offshore for the delivery of one advanced Platform Service Vessel of the VS 489 LNG design, with one optional vessel to be declared before December 1st 2010. This option has now been declared. The vessels are to be outfitted at

about 16 years ago
BG Group Announces Another Gas Discovery Offshore Tanzania
Business & Finance

BG Group Announces Another Gas Discovery Offshore Tanzania

BG Group today announced that its second Tanzanian exploration well, Chewa-1, has also discovered gas. The well, located in Block 4 approximately 80 kilometres offshore southern Tanzania in a water depth of around 1 300 metres, is some eight kilometres north-west of BG Group’s Pweza-1 gas discovery

about 16 years ago
Australia: Troy Hayden Commences as CEO & Managing Director of Tap Oil
Business & Finance

Australia: Troy Hayden Commences as CEO & Managing Director of Tap Oil

Mr Troy Hayden commences today as Tap Oil’s Chief Executive Officer and Managing Director. Mr Hayden’s appointment was previously announced on 27 October; this earlier announcement provides details of Mr Hayden’s background. Mr Hayden succeeds Mr Peter Stickland, who has resigned as a Director and w

about 16 years ago
Norway: Aker Solutions Signs World First Subsea Gas Compression Contract
Business & Finance

Norway: Aker Solutions Signs World First Subsea Gas Compression Contract

“This award signifies a quantum leap for subsea gas compression within the oil and gas industry. As one of the major subsea contracts awarded during 2010, this has been a key target for Aker Solutions. It confirms our position as the preferred partner of subsea technology, solutions and capability,”

about 16 years ago
Polarcus Opens New Regional Office in Singapore
Business & Finance

Polarcus Opens New Regional Office in Singapore

Polarcus Limited announces the appointment of Cameron Astill to the position of Vice President Marketing, Asia-Pacific, and the opening today of a new regional Polarcus office in Singapore. Cameron brings over 30 years seismic industry experience and extensive industry knowledge of Asia-Pacific to t

about 16 years ago
Gazprom and Shell Agree to Pursue Broader Cooperation
Business & Finance

Gazprom and Shell Agree to Pursue Broader Cooperation

Alexey Miller, Chairman of the Gazprom Management Committee, and Peter Voser, Chief Executive Officer of Royal Dutch Shell plc, signed a protocol on strategic global cooperation. This agreement establishes basic guidelines for the companies’ broader collaboration. Amongst the opportunities the compa

about 16 years ago
MEO Australia Provides Artemis-1 Progress Report
Business & Finance

MEO Australia Provides Artemis-1 Progress Report

MEO Australia Limited advises that since the last progress report, Artemis-1 spudded at 00:45 hrs (Perth time) on Thursday 25th November. The 30” x 20” surface conductor was set in place and the 17-1/2” hole was drilled to 1,870m (below rotary table) at which depth the 13-3/8” intermediate casing ha

about 16 years ago
Australia: Tap Oil Spuds High-Impact Zola-1 Well
Business & Finance

Australia: Tap Oil Spuds High-Impact Zola-1 Well

Tap Oil Limited (“Tap”) advises that the Stena Clyde semi-submersible drilling rig commenced drilling the Zola-1 well at 08:10 hrs (AWST) this morning. The Zola prospect is a very large Triassic tilted fault block on trend with the giant Gorgon gas field. One of the largest undrilled structural feat

about 16 years ago
UK: Awilco Drilling Announces 3Q 2010 Results
Business & Finance

UK: Awilco Drilling Announces 3Q 2010 Results

Awilco Drilling Limited is a UK based offshore drilling company owning and operating two semi submersible drilling rigs. The Company is listed on the Norwegian OTC under the ticker code AWDR. At the end of September 2010 Awilco Drilling Limited (Awilco Drilling) had one rig in operation and one rig

about 16 years ago
Acergy S.A. Awarded $240 Million Contract Offshore Brazil
Business & Finance

Acergy S.A. Awarded $240 Million Contract Offshore Brazil

Acergy S.A. announced today the award of a contract from Petrobras for the Sul-Norte Capixaba Project, located offshore Brazil in water depths of between 30m and 100m. Acergy is working in consortium with Odebrecht Oil & Gas on engineering, project management, procurement and fabrication related sco

about 16 years ago
UK: Valiant Petroleum Announces Operational Update and Forward Work Programme
Business & Finance

UK: Valiant Petroleum Announces Operational Update and Forward Work Programme

Valiant Petroleum plc (“Valiant” or the “Company”) provides the following update with regard to its operations during the second half of 2010 and forward work programme for 2011 and beyond. Highlights · 2010 Production at upper end of guidance, 2011 anticipated at 6,500-7,500 barrels of oil per day

about 16 years ago
Norway: Lundin Strikes Oil in the North Sea
Business & Finance

Norway: Lundin Strikes Oil in the North Sea

Lundin Norway AS, operator of production licence 338, is in the process of completing the drilling of wildcat well 16/1-14. The well is being drilled about 4 km northwest of the 16/1-8 (”Luno”) oil discovery and 3 km south of the 16/1-9 (”Draupne”) oil discovery. The objective of the well was to pro

about 16 years ago
Brazil: FMC Technologies and Petrobras Sign MoU for Subsea Technology Solutions
Business & Finance

Brazil: FMC Technologies and Petrobras Sign MoU for Subsea Technology Solutions

FMC Technologies, Inc. announced today that it has signed a memorandum of understanding with Petrobras to develop future subsea technology solutions for its oil and gas projects offshore Brazil . The agreement includes the development of innovative and cost effective subsea production systems to add

about 16 years ago
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