Some of the concrete facilities resting on the seabed on the Norwegian shelf are nearing the end of their lifetimes. In the coming years, the authorities need to address how to dispose of these. A report has been prepared on disposal of concrete facilities on initiative from the Norwegian Petroleum
MT 6009, DNV classified Multi Purpose Field Support Vessel “Loch Roag”, will be the Group’s first ever vessel to operate in the North Sea to support the Oil and Gas and Offshore Renewable markets
FMC Technologies, Inc. has signed an agreement with Statoil for the manufacture and supply of subsea production equipment to support the Fram H-Nord development. The contract has a value of approximately $70 million in revenue to FMC. FMC’s scope of supply includes one subsea production tree, one ma
International oilfield services company Expro has won the Offshore Achievement Innovator Award in recognition of its ground breaking AX-S subsea well intervention technology. The Innovator Award, which was presented at a ceremony in Aberdeen on Thursday (15 March), recognises excellence in innovativ
GL Noble Denton, an independent technical advisor to the oil and gas industry, has been awarded a four-year enterprise framework agreement (EFA) to provide inspection services for Shell’s extensive global portfolio of projects in select locations. GL Noble Denton’s network of highly qualified inspec
Transocean, one of the largest drilling contractors in the world recently announced that its drillship, Deepwater Expedition, was awarded a two-year contract with an undisclosed customer commencing December 2012. The initial dayrate of the contract is $650,000 ($475 million contract backlog). Additi
Valiant Petroleum plc has entered into an Asset Purchase Agreement with Rocksource ASA (“Rocksource”) to take stakes in substantially all of Rocksource’s licenses on the Norwegian Continental Shelf (“NCS”) for a total post-tax effect consideration of NOK 104 million (18.13 million U.S. dollars) The
“Above all, the reasons for this substantial improvement in earnings are the high level of crude oil and gas prices, as well as the increase in our production,” explained Chief Executive Officer Thomas Rappuhn
Ensco plc once again received the first place ranking for total customer satisfaction among offshore drillers in the 2011 Oilfield Products & Services Customer Satisfaction Survey. Conducted by EnergyPoint Research, the annual survey is the industry benchmark for customer satisfaction in the global
As per the instructions by the Vietnamese government controlled PetroVietnam, PTSC G&S has been assigned to provide the 2D seismic services to all the clients in Vietnam using the 2D seismic vessel Binh Minh 02. In 2011, PTSC G&S has carried out three 2D seismic surveys for PVN, PVEP POC and Idemits
Norway’s Island Offshore reports that Halliburton has chartered the Company’s Island Captain as a well stimulation vessel on a 2 months firm contract. The vessel will be operating on the Clipper South field in the Southern North Sea. The Island Captain is with this joining Island Commander and Islan
Expro, the international oilfield service company, has agreed to sell its Connectors & Measurements (C&M) business, including the Tronic and Matre brands, to Siemens AG at a valuation of US$630 million. Expro’s C&M business is a market leader in the design, manufacture, assembly and installation of
SeaBird Exploration PLC, a Cyprus-based international provider of marine acquisition for 2D/3D and 4D seismic data, has been awarded a USD 3 million contract. The survey will be carried out for a major oil company in South America by the Harrier Explorer which is now en route to Brazil. Upon arrival
The contract encompasses diving and ROV services for 27 production platforms and 5 subsea wells within the Dutch Continental shelf, a program entailing approx. 250 days per year.
