GE announced that it has signed a contract to acquire Dresser, Inc., a global energy infrastructure technology and service provider. The $3 billion deal is the latest in a series of acquisitions over the last 10 years that has helped grow GE’s energy business and deliver record profitability. The ad
Kreuz Holdings Limited , a subsea service provider for the oil and gas industry, has today announced that a subsea installation contract worth approximately US$7.6 million was signed with a leading offshore construction company in the oil and gas business located in the Middle East. The scope of wor
Gas from Norway’s Trym field will be pumped onshore through a Danish platform in an EIB-financed project signed today with DONG Energy. The European Investment Bank will provide EUR 150 m to DONG Energy to develop the field. Trym was first discovered in 1989 but not explored, partly due to low marke
Fugro has purchased the 30 percent minority holding in Fugro Jacques GeoSurveys Inc. based in St. John’s, Newfoundland, Canada, from Stantec Consulting Ltd. Fugro has now full ownership of Fugro Jacques GeoSurveys Inc., which will enable Fugro to further expand the range of its services in Canada. T
Statoil has exercised options in the current framework agreement with AGR Field Operations for surface management services. The extension has an estimated total value of NOK 40 million over a period of 24 months. AGR Field Operations will provide Surface Management services including AGR’s proprieta
Chevron has moved to secure one of the key offshore permits underpinning the giant Wheatstone LNG project by applying for its renewal as … By Peter Klinger (The West Australian) [mappress] Source:The West Australian , October 6, 2010;
Michael Smith (photo) has been named as a finalist in the Young Technician of the Year section of the 2010 Oil & Gas UK Awards which celebrate the people and businesses which make an exceptional contribution to the industry. The winners will be announced during a dinner at Aberdeen Exhibition & Conf
Norway, Petroleum Geo-Services ASA (‘PGS’ or the ‘Company’) routinely releases information about 3D vessel utilization around the end of each quarter. Summary of vessel utilization: The vessel statistics for the third quarter 2010 includes the new vessel PGS Apollo, which started seismic acquisition
The Board of Directors of Kencana Petroleum Berhad announced that its wholly owned subsidiary, Kencana HL Sdn. Bhd. (“KHL”) has secured the following contract : KHL has secured a contract from Newfield Peninsula Malaysia Inc. (“Newfield”) for the provision of procurement and construction of the jack
September was a good month for John Miller and the National Renewable Energy Innovation Zone. On September 8, federal officials released a… By Peter Brennan (offshorewindwire) [mappress] Source: offshorewindwire,October 06, 2010;
Aker Solutions has won a contract to provide a complete, 8 000 feet drilling riser system to Sevan Marine’s deepwater drilling rig Sevan Brasil. The contract is worth more than USD 40 million. The delivery includes more than 100 riser joints, which will be produced at Aker Solutions’ manufacturing f
Underwater noise and other forms of energy 1. Identify and review existing data and monitoring methods on underwater noise The work should be based on a review of experiences within MS for different sources and the knowledge within the scientific community in this field. It should be related to the
ATWOOD OCEANICS, INC., a Houston-based International Drilling Contractor , announced today that on October 1, 2010, Atwood Oceanics Pacific Limited (“AOPL”), a wholly-owned subsidiary of Atwood Oceanics, Inc. (the “Company”), executed turnkey construction agreements with PPL Shipyard PTE LTD (“PPL”)
Black Elk Energy Offshore Operations, LLC, (“Black Elk”) an independent oil and gas company, announced today it closed a major transaction with JX Nippon Oil & Gas Exploration Corporation (NOEX) to acquire 27 properties in the Gulf of Mexico. The NOEX transaction represents the fifth acquisition by
