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Business & Finance

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UK: Hansa Hydrocarbons Acquires Interest in Southern North Sea Development Project
Business & Finance

UK: Hansa Hydrocarbons Acquires Interest in Southern North Sea Development Project

Hansa Hydrocarbons Limited (“Hansa”) has completed the acquisition of an interest in Licence P614 covering Block 47/14b (the “Licence”) containing the Juliet development in the Southern North Sea from First Oil Expro Ltd (“First Oil”). Hansa will earn a 19% working interest in the Licence in return

about 16 years ago
Polarcus Receives Letter of Intent for 3D Seismic Acquisition Offshore West Africa
Business & Finance

Polarcus Receives Letter of Intent for 3D Seismic Acquisition Offshore West Africa

Polarcus Limited announced today that the Company has received a Letter of Intent from an independent oil & gas exploration and production company for an estimated 1,200 square kilometer 3D seismic acquisition project offshore West Africa. The project, to be acquired by POLARCUS NAILA, will commence

about 16 years ago
UK: KCA DEUTAG Appoints Four Non-executive Independent Directors
Business & Finance

UK: KCA DEUTAG Appoints Four Non-executive Independent Directors

KCA DEUTAG, the international drilling and engineering contractor, is pleased to announce the appointment of four non-executive independent directors. Peter Bloxham, Bob Ellis, Chris Hughes and Dean Merritt have joined the group as board directors with immediate effect. Mr Bloxham, 58, was a partner

about 16 years ago
Norway: Noreco Announces September 2010 O&G Production Results
Business & Finance

Norway: Noreco Announces September 2010 O&G Production Results

Norwegian Energy Company ASA Noreco’s oil and gas production in September 2010 was 8,800 barrels of oil equivalents (boe) per day. Net realized oil price was USD 77 per boe after adjustments for oil put options, inventory and NGL and gas prices. Total production from the Siri area in September was 1

about 16 years ago
The Netherlands: Fugro Clinches Two Specialist Marine Drilling Contracts Worth $52 M Combined
Business & Finance

The Netherlands: Fugro Clinches Two Specialist Marine Drilling Contracts Worth $52 M Combined

Fugro Seacore Ltd. has been awarded two contracts in the marine seabed investigation and construction support service markets with a combined value of approximately USD 52 million. The first contract is to provide a marine drill coring system to the Japan Oil, Gas and Metals National Corporation (JO

about 16 years ago
The Netherlands: New Viking Software Modules for Dredging
Business & Finance

The Netherlands: New Viking Software Modules for Dredging

The number of Viking software modules has been expanded with several new additions. Directly based on market demand these new modules add enhanced capabilities and solutions to the Viking software. These software modules can be added to an existing Viking Navigation or Viking Dredge system. Anchorin

about 16 years ago
TGS Announces Multi-client 3D Survey in Gambia
Business & Finance

TGS Announces Multi-client 3D Survey in Gambia

This project covers 2,500 km2 in the deep water area of Gambia. TGS has chartered the M/V Geo-Caribbean as previously mentioned in a press release on 12 July 2010, to acquire the data. This project is the first of a series of surveys in the African Transform Margin. The Geo-Caribbean is a modern 3D

about 16 years ago
High Cape Wind prices will have bad influence on businesses, hospitals, schools (USA)
Business & Finance

High Cape Wind prices will have bad influence on businesses, hospitals, schools (USA)

The Bay State’s hard-pressed businesses, cash-strapped schools and expensive hospitals will get whacked especially hard by Cape Wind’s high… (tradingmarkets) [mappress] Source: tradingmarkets,October 05, 2010;

about 16 years ago
Global Industries Bags DPEs Al Jalilah EPC Project Offshore Dubai; Intends to Utilize New Global 1200
Business & Finance

Global Industries Bags DPEs Al Jalilah EPC Project Offshore Dubai; Intends to Utilize New Global 1200

Global Industries, Ltd. announced today that its wholly owned subsidiary, Global Offshore International, Ltd., has been awarded a contract from Dubai Petroleum Establishment (DPE) to perform the Al Jalilah Platform and Pipelines EPC project. The project, which should be completed in the first half o

about 16 years ago
EMGS Secures $4 Million Worth of Late Sales for Barents Sea Multi-client 3D EM data
Business & Finance

EMGS Secures $4 Million Worth of Late Sales for Barents Sea Multi-client 3D EM data

Electromagnetic Geoservices ASA (EMGS) announced today that it has secured late-sales worth approximately USD 4 million for its multi-client 3D EM data in the Barents Sea, ahead of Norway’s 21st exploration licensing round. These revenues will be recognised in the third quarter of 2010. Industry pre

about 16 years ago
Brazil: Scana Signs Contract with STX for AH11 Vessels Propulsion System Delivery
Business & Finance

Brazil: Scana Signs Contract with STX for AH11 Vessels Propulsion System Delivery

Scana Industrier ASA has through its subsidiary Scana Volda AS signed contract with STX Europe for delivery of remote controlled propulsion system for two anchor handling vessels (STX AH11) which will be built in Brazil. Delivery is 4(th) quarter 2011 and 2(nd) quarter 2012. The vessels will be oper

about 16 years ago
Petrofac and Shell Agree Partnership for UK North Sea CCS Project
Business & Finance

Petrofac and Shell Agree Partnership for UK North Sea CCS Project

CO2DeepStore, part of the Petrofac group, has signed an agreement with Shell U.K Limited (Shell) in respect of the re-development of the Goldeneye gas field in the North Sea, as a potential CO2 storage facility. The agreement will see CO2DeepStore and Shell work together to develop the potential CO2

about 16 years ago
Norway: A/S Norske Shell Gets Go-Ahead for Use of Island Constructor on Draugen Field
Business & Finance

Norway: A/S Norske Shell Gets Go-Ahead for Use of Island Constructor on Draugen Field

A/S Norske Shell has received consent for use of the mobile well intervention facility Island Constructor in the Norwegian Sea. The consent applies to workover of the wells A-55H and B-2H on Draugen. The Island Constructor is a well intervention facility operated by Island Offshore Management AS (Is

about 16 years ago
Norway: Contract Extension for Bourbon Tampen Platform Supply Vessel
Business & Finance

Norway: Contract Extension for Bourbon Tampen Platform Supply Vessel

Statoil has decided to exercise a 2- year option on PSV Bourbon Tampen taking her into December 2010. The contract has no further options. Bourbon Tampen PSV Main Description Type: UT 745 E Classification: DnV + 1A1, SF LFL* COMF-V(3)C(3), E0 DYNPOS-AUTR, CLEAN DK(+) HL(2.5) Yard: Kleven Verft AS Pl

about 16 years ago
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