Boskalis proposal to SMIT Pension Fund · One-off voluntary deposit of approximately € 30 million · No additional future obligations for further deposits · No reduction in pension entitlements as from 1 January 2011 · Deposit has no impact on Boskalis’ earnings Royal Boskalis Westminster N.V. announc
Nexans, worldwide leader in the cable industry, has been awarded a 10 million Euro contract by FMC Technologies to design, engineer and manufacture a static subsea control and chemical injection umbilical for the Marulk gas field on the Norwegian Continental Shelf (NCS). MC Technologies is carrying
Kreuz Holdings Limited (“Kreuz” or together with its subsidiaries, the “Group”), a subsea service provider for the oil and gas industry, has today announced that a Letter of Intent for subsea installation contract worth approximately US$6.2 million was signed with a leading offshore construction com
BP confirmed that, pending clarification from the UK Government on certain aspects of the new EU Regulations concerning restrictive measures against Iran, production from the Rhum gas field in the central North Sea has been suspended. This action has been taken in order to comply with the notificati
SPD, part of Petrofac Production Solutions, has successfully completed a four-well £73 million programme in the UK Continental Shelf (UKCS) Northern and Central North Sea utilising Diamond Offshore’s semi-submersible rig, the Ocean Nomad (photo). The sequence consisted of an exploration well, sidetr
A military raid freed 19 hostages being held in the oil-rich southern delta of Nigeria last night, a negotiator said, striking a blow to … Source: Guardian.co.uk [mappress] Source: Guardian, November 18, 2010;
Baker Hughes Announced that it has opened a new facility in Welshpool, Australia, to meet growing demand and increased oilfield activity in Australia. Three of the company’s service lines–pumping services, tubular services, and process and pipeline services–are now housed in the new 340,000-square-f
IHC Merwede’s trailing suction hopper dredger, Vox Máxima, has been awarded Ship of the Year at the fifth annual Maritime Awards Gala. This award is presented to the manufacturer of a vessel which is designed, built and completed in The Netherlands, and which distinguishes itself in the areas of inn
Titanium Resources Group announces that Mr. Raju Jaddoo will step down as a Non-Executive Director from the Board of TRG on 1 December 2010 to devote more time to his other business interests. Commenting on the resignation, Wayne Malouf, Executive Chairman of TRG, said: “The Board would like to than
Buccaneer Energy Limited announced that it has incorporated a wholly owned subsidiary Buccaneer Alaska Drilling, LLC (“Buccaneer Drilling”). Subsequently, Buccaneer Drilling incorporated a wholly owned subsidiary Kenai Offshore Ventures, LLC (“Kenai Offshore”). It is the intention that Buccaneer Dri
IHC Hytop, part of IHC Merwede, has announced that its riser pull-in package has successfully pulled in the first three risers on a MODEC FPSO (Floating Production Storage and Offloading) vessel. The FPSO vessel is currently deployed off the coast of Brazil by MODEC and operated by the contractor on
The partners in the Norwegian Sea Åsgard licence have made an investment decision to develop the Smørbukk North-East field as a satellite to the Åsgard B platform(photo). Production is expected to start in December 2011. Recoverable reserves of oil, gas and condensate on Smørbukk North-East are esti
Schlumberger yesterday inaugurated a new research and geoengineering center in Rio de Janeiro, Brazil. The Brazil Research and Geoengineering Center is designed to promote the integration of geosciences and engineering to improve hydrocarbon production and recovery from the complex deepwater reservo
EnQuest, an independent oil & gas production and development company focused on the UK Continental Shelf, Announces Interim Management Statement HIGHLIGHTS * Affirming full year production guidance of 20,000 boepd * First well in Thistle in 20 years drilled and on production * Completed acquisition
