A Youngstown company is at the forefront of a $100 million plan to build the country’s first offshore wind farm on Lake Erie.Great Lakes… By Grace Wyler (vindy) [mappress] Source: vindy, September 20, 2010;
Bibby Offshore Holdings Limited, the holding company of Aberdeen-based subsea construction and IRM firm, Bibby Offshore, has made two board appointments. Andrew Duncan and Jeremy Punnett have been appointed to the positions of business & commercial director and strategic & corporate development dire
Songa Offshore SE (“Songa” or the “Company”) announced that a wholly owned subsidiary of the Company has entered into an agreement to sell the drillship Songa Saturn to a wholly owned subsidiary of PetroSaudi Oil Services Ltd. (“PetroSaudi”) for net sales proceed of USD 260 million. As advised by th
It is fair to assume that the millions of viewers who tuned into EastEnders a week last Monday did not simultaneously give thanks for the… By Terry Macalister and Tim Webb (guardian) [mappress] Source: guardian, September 20, 2010;
The following statement was released by BP America Chairman and President Lamar McKay on completion of the MC252 Relief Well in the Gulf of Mexico. “Today’s completion of relief well operations on the Macondo well is a significant technological accomplishment and another important milestone in our c
A letter of agreement has been signed for the provision, lease and operation of a semi-submersible production facility for the Tubular Bells field in the Gulf of Mexico (GOM). The agreement allows SBM Offshore to start engineering and commit substantial hardware investment in the facility until fina
Statoil has awarded Aker Solutions the Sleipner Modifications Portfolio Agreement and the first project-specific agreements for engineering, procurement, construction and installation (EPCI) for the Gudrun tie-in to Sleipner in the North Sea. The order is worth approximately NOK 900 million (approxi
Svendborg Brakes wins Unfair Competition and Copyright Infringement Law Suit concerning the protection of original Svendborg brakes The Bielefeld District Court in Germany ruled in favour of Svendborg Brakes A/S in a copyright infringement and unfair competition law suit filed against a competitor c
Cape Wind opponents and proponents within the business community traded rhetorical blows yesterday over the costs of the proposed offshore… By Jay Fitzgerald (bostonherald) [mappress] Source: bostonherald, September 20, 2010;
Halliburton closed the acquisition of Boots & Coots, Inc., creating the industry’s premier intervention services and pressure control product service line. The merger combines Halliburton’s coiled tubing and hydraulic workover operations with Boots & Coots’ well intervention services, providing oper
Schilling Robotics, LLC, experts in subsea systems, announced today the order for two (2) new 200hp UHD™ ROV systems from specialist subsea service company DOF Subsea. In addition, two (2) original UHDs™ delivered to DOF Subsea in 2006 will be upgraded to the advanced UHD™ Gen II design, providing e
KNOC has bought a 29.5% stake in Aberdeen-based oil company Dana Petroleum at the same price as last month’s hostile bid. [mappress] Source: UKfinanceyahoo,September 17, 2010,
Centrica plc, the parent company of British Gas, today announced that it has reached an agreement with A/S Norske Shell and Enterprise Oil Norge AS (Shell) to acquire its non-operated interests in the gas and oil producing Statfjord field in the Norwegian sector of the North Sea, and its associated
Providence Resources P.l.c. , („Providence‟), through its wholly owned subsidiary EIRGAS Limited („EIRGAS‟), is pleased to announce that it has selected international engineering and project management company AMEC to begin a conceptual development study for the ULYSSES salt cavern gas storage proje
