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Business & Finance

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Norway: Statoil Receives Investigation Report on Gullfaks Drilling
Business & Finance

Norway: Statoil Receives Investigation Report on Gullfaks Drilling

Today, 19 November, the Petroleum Safety Authority Norway presented its report of the investigation into the drilling and well operations on the Gullfaks field. “The non-conformances revealed and measures proposed in the Petroleum Safety Authority (PSA) report are mainly consistent with the findings

about 16 years ago
USA: Statement from Shallow Water Energy Security Coalition on Jacob Lew Nomination
Business & Finance

USA: Statement from Shallow Water Energy Security Coalition on Jacob Lew Nomination

Jim Noe, Executive Director of the Shallow Water Energy Security Coalition, issued the following statement on Senator Mary Landrieu’s decision to lift her hold on the nomination of Office of Management and Budget (OMB) Director Jacob Lew. “We applaud Senator Landrieu for her steadfast support. Her f

about 16 years ago
Offshore Wind Industry Expects to See €38 Billion Over the Next Five Years
Business & Finance

Offshore Wind Industry Expects to See €38 Billion Over the Next Five Years

Energy business analysts Douglas-Westwood expects to see offshore wind expenditure of €38 billion over the next five years.The findings form… (renewableenergyfocus) [mappress] Source: renewableenergyfocus, November 19, 2010;

about 16 years ago
Offshore Wind Industry Expects to See €38 Billion Over the Next Five Years
Business & Finance

Offshore Wind Industry Expects to See €38 Billion Over the Next Five Years

Energy business analysts Douglas-Westwood expects to see offshore wind expenditure of €38 billion over the next five years.The findings form… (renewableenergyfocus) [mappress] Source: renewableenergyfocus, November 19, 2010;

about 16 years ago
Framo Signs Contract with Total for the CLOV (Angola) Multiphase Pumping System
Business & Finance

Framo Signs Contract with Total for the CLOV (Angola) Multiphase Pumping System

Framo Engineering AS and Total E&P Angola have recently signed a contract to supply a subsea Pumping System for the CLOV Development Project, located in the deepwater Block 17 offshore Angola. The contract between Total and Framo represents one of four main contracts placed by Total for this Project

about 16 years ago
UK: Faroe Petroleum to Boost its Business Using Cash Raised Through Share Placing
Business & Finance

UK: Faroe Petroleum to Boost its Business Using Cash Raised Through Share Placing

Faroe Petroleum, the independent oil and gas company focusing principally on exploration and production opportunities in the Atlantic Margin, the North Sea and Norway,announces that it has conditionally raised £62.2 million (approximately USD $100 million) through a Placing of 37,718,024 new Ordinar

about 16 years ago
Polarcus to Build Seismic Vessels at Ulstein, Norway
Business & Finance

Polarcus to Build Seismic Vessels at Ulstein, Norway

Polarcus, a leading provider of marine geophysical services, is building two seismic vessels of the new generation type SX134 at the Ulstein Verft shipyard. ULSTEIN has designed and built a number of state-of-the-art seismic vessels the past few years, and the contracts attest to the company’s leadi

about 16 years ago
AMEC Awarded Judy and Jasmine Contract North Sea
Business & Finance

AMEC Awarded Judy and Jasmine Contract North Sea

AMEC, the international engineering and project management company, has been awarded the detailed engineering and procurement for ConocoPhillips’ existing Judy platform and the hook-up and commissioning of their new Jasmine facilities in the North Sea, 240 kilometres south-east of Aberdeen. The valu

about 16 years ago
Brazil: Sevan Driller Still Off-Hire Due to BOP Issues
Business & Finance

Brazil: Sevan Driller Still Off-Hire Due to BOP Issues

Further to announcements made on November 5 and 8, 2010, the securing of the well has been completed and the pulling of the BOP to the surface has started. The well has been cemented and plugged according to Petrobras’ safety procedures. On deck, the BOP will be inspected and repaired and then lower

about 16 years ago
UAE: Lamprell Wins US$ 210 Million Jackup Construction Contract
Business & Finance

UAE: Lamprell Wins US$ 210 Million Jackup Construction Contract

Lamprell , a leading provider of specialist engineering services to the international oil & gas and renewables industry, announces that it has received a US$ 210 million new contract award from Eurasia Drilling Company Limited (“EDC”) and issues the following Interim Management Statement for the per

about 16 years ago
Aker Solutions Wins Oil Separation Contract in Brazil
Business & Finance

Aker Solutions Wins Oil Separation Contract in Brazil

Aker Solutions has signed a contract to design, build and supply heavy oil separation equipment to an FPSO vessel operated by OSX, an EBX group company, in Brazil. The contract value is approximately NOK 40 million (Approximately USD $6.8 million) . “This is a major breakthrough for our in-house hea

about 16 years ago
Prysmian to Play a Major Role at “Grids 2010: the Backbone of Europe’s Energy Future” (Italia)
Business & Finance

Prysmian to Play a Major Role at “Grids 2010: the Backbone of Europe’s Energy Future” (Italia)

The Group reconfirms its leadership in supporting the development of smarter and greener power grids as the recent activities and achievements in the renewable energy sector demonstrate. Prysmian, one of the leading worldwide players in the energy and telecommunication cables industry, will play a m

about 16 years ago
Prysmian to Play a Major Role at “Grids 2010: the Backbone of Europe’s Energy Future” (Italia)
Business & Finance

Prysmian to Play a Major Role at “Grids 2010: the Backbone of Europe’s Energy Future” (Italia)

The Group reconfirms its leadership in supporting the development of smarter and greener power grids as the recent activities and achievements in the renewable energy sector demonstrate. Prysmian, one of the leading worldwide players in the energy and telecommunication cables industry, will play a m

about 16 years ago
Five People Killed at Moudi FSO Area Offshore Cameroon, Perenco Confirms
Business & Finance

Five People Killed at Moudi FSO Area Offshore Cameroon, Perenco Confirms

Perenco confirmed that a security incident occurred last in the area of the Moudi FSO, offshore Cameroon, involving army personnel and security contractors. The incident, which is currently being investigated, tragically led to the deaths of five Cameroonian personnel, three from the Bataillon d’Int

about 16 years ago
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