Fossil Energy
TGS in Northeast Greenland offshore survey
TGS will start acquisition of a new multi-year, multi-client 2D program offshore Northeast Greenland.
OMV, Gazprom sign South Stream deal
Today in Vienna, as part of Russian President Vladimir Putin’s visit to Austria, Alexey Miller, Chairman of Gazprom’s Management Committee and Gerhard Roiss, Chief Executive Officer of OMV, signed a Shareholders’ Agreement for South Stream Austria GmbH. The Agreement envisages parties’ cooperation t
Repsol step closer to drilling offshore Canary Islands
Spanish Supreme Court has cleared the way for Repsol to begin drilling offshore the Canary Islands. In a statement on its website the Supreme Court of Spain said it has dismissed seven appeals against the Government’s decision to grant permission for exploration drilling in the Atlantic Ocean, off t
Havyard cuts IPO price
Havyard Group ASA announces that the price for its initial public offering has been amended, as a result of orders and indications received during the book-building period.
Statoil pens frame agreement with W. Giertsen Services
W. Giertsen Services AS has signed a frame agreement with Statoil for the supply of lifting equipment and steel wire products.
Bibby Offshore extends Olympic Ares charter
Olympic Ship AS has entered into a three-year charter agreement with Bibby Offshore Limited for the Olympic Ares, a multi-functional subsea support & construction vessel. The charter extends the current charter in place, now ending in late 2017 The charterer has combined options for an additional th
Vissim, Ross Offshore sign offshore surveillance deal
Vissim, the Norwegian integrated marine and offshore operations supplier, has recently signed a frame agreement with Ross Offshore Well Management Services to supply a remote offshore surveillance solution and monitoring services. The 24/7 traffic surveillance of offshore installations will be perfo
Maersk Drilling orders 20.000-psi blowout preventer from GE
GE Oil & Gas has received an order for what the company says is the offshore oil and gas industry’s first 20,000-psi (20-ksi) rated deepwater blowout preventer (BOP) stack and riser systems from Copenhagen, Denmark-based Maersk Drilling. The equipment, due to enter service in the first half of 2018,
Lundin to drill wildcat off Norway with Island Innovator
The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for the well 7220/11-1, in the Barents Sea, offshore Norway. Well 7220/11-1 will be drilled from the semi-submersible drilling rig Island Innovator at position 72o 03` 26.84″ north and 20o 32´ 45.71″ east. The drillin
Reach Subsea charters ‘Edda Fonn’
Reach Subsea has today signed a three-year time charter agreement with Østensjø Rederi for the ROV / subsea vessel “Edda Fonn”.
Tullow gets NPD nod to drill North Sea wildcat
The Norwegian Petroleum Directorate (NPD) has granted Tullow Oil Norge AS a drilling permit for the well 31/10-1, in the North Sea, offshore Norway.
FES International equipment ordered for Western Isles project
UK oil and gas engineering firm, FES International, has secured a $2.5M (£1.5M) contract to supply one of its latest products, the automated Diverless Bend Stiffener Connector (DBSC) to NOV Flexibles. NOV Flexibles has called on the subsea technology services of FES International as part of Subsea 7
Polarcus thinking of bond issue
Polarcus Limited has announced that the Company is contemplating a new senior unsecured bond issue with proposed maturity in July 2019. Net proceeds from the bond issue will be used to refinance existing debt, including the NOK 226 million outstanding under the NOK 230 million bond issue with ISIN N
Rosneft, ExxonMobil install Berkut platform offshore Sakhalin Island
Rosneft and ExxonMobil, within the framework of the Sakhalin-1 Consortium, have finished transport operation on transportation and installation of a unique sea drilling platform Berkut, which has the biggest upper part in the world, at Arkutun-Dagi on North East shelf of Sakhalin Island. The adjustm