STX OSV Holdings Limited , one of the major global designers and shipbuilders of offshore and specialized vessels, has secured a new contract for the design and construction of one Offshore Subsea Construction Vessel (“OSCV”) for DOF. The value of the contract amounts to approximately NOK 650 millio
Dockwise Ltd., a Dutch heavy-lift and transportation company, today announces six new awards totaling USD 57 million, for execution in H1 2012 and 2015. The wins include a reservation contract, securing the transportation of a spar buoy for the Statoil operated Aasta Hansteen offshore production fie
Reuters’ Oslo office reports that oil production has restarted at Statoil’s Statfjord C production platform, following a shut down caused by a toxic gas leak discovered on Thursday. Statoil’s spokesperson told Reuters that: “Production has been ramping up over the weekend and full production is now
STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, has secured a new contract for the construction of one advanced subsea support vessel for Island Offshore. The value of the contract amounts to more than NOK 500 million(USD
Apply Sørco has established a Framework Agreement with Teekay related to “Pre-operations and Operations Support Services”. This is a wide and open frame agreement which might include most of the services and products portfolio that Apply Sørco can provide to our customers. The agreement is entered w
Rope construction and performance that has set the standard for deepwater moorings, such as the Lucius Spar, is now being applied by Lankhorst Ropes Offshore Division to the supply of synthetic fibre rope tethers for umbilicals and risers. The high modulus polyethylene (HMPE) rope uses a Gama 98® co
The Gazprom headquarters hosted Friday a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Helge Lund, President and Chief Executive Officer of Norway’s oil company, Statoil. The attendees tackled cooperation issues on launching the Shtokman field Phase 1 pre-
The well is being drilled by the Sedco 704 semi-submersible rig and is anticipated to take 35-40 days to complete.
BMT ARGOSS, a subsidiary of BMT Group, the leading international maritime design, environmental and engineering consultancy, has announced its latest expansion with the recent opening of an office in Atyrau, Kazakhstan which will provide a local presence for oil and gas companies operating in the re
Hurricane Exploration plc (“Hurricane”), an oil exploration company focused on hydrocarbon resources in fractured basement reservoirs, announces that it has appointed EPC Offshore to select the optimum concept for the development of Hurricane’s Lancaster discovery, one of the most significant oil di
Fugro, a Dutch company which is one of the world’s leading service provider for the collection and interpretation of data relating to the earth’s surface and sub-surface and for associated services and advice in support of infrastructure development on land, along the coast and on the seabed announc
Trapoil , the UK-based, independent oil and gas exploration and appraisal company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, on 16 March 2012 agreed to acquire a 15 per cent working interest in the Athena Oil Field from Dyas UK Limited. The transaction valued at £34.5 mill
The well was completed as a dual producer to a depth of 2,765 metres. It tested for initial production at 1,682 barrels of oil per day at the short string with the long string testing at 1,714 barrels of oil per day.
The multi-component seismic company Reservoir Exploration Technology ASA (RXT) has received a contract award for an Ocean Bottom Cable survey off the west coast of Ireland. The objective is to improve imaging and data bandwidth at the reservoir target, while also improving multiple elimination. The