Mosvold Supply Plc, in 2007 contracted Otto Offshore Ltd, a subsidiary of Singapore’s Otto Marine Ltd, to build a series of four AHTS (VS 491 CD) vessels. Mosvold Supply Plc shortly after transferred the contracts one each to four single purpose wholly owned subsidiaries. Mosvold Supply IV Limited (
Polarcus Limited, an UAE based seismic survey specialist, has received a Letter of Intent from an undisclosed client for a 3D seismic acquisition project offshore NW Europe. The program will commence imminently and is expected to run for approximately 75 days. Polarcus is a pure play marine geophysi
International oilfield services company Expro yesterday announced the appointment of Sir George Buckley as its new Chairman. Sir George has been the US-based Chairman, President and Chief Executive Officer of global blue-chip manufacturer, 3M, since December 2005. 3M is a Fortune 100 technology comp
Canadian Overseas Petroleum Limited (COPL) announces that drilling activities have begun in the Bluebell exploration prospect that spans Blocks 15/24c and 15/25f in the UK Central North Sea. Bluebell is a prospect situated near Premier’s producing Brenda field. Premier Oil plc is the operator of the
French based Technip, in partnership with South Korea’s Daewoo Shipbuilding & Marine Engineering Co, was awarded by DONG E&P and BAYERNGAS, a contract for the HEJRE project development, offshore Denmark, at a water depth of 70 meters. This contract covers engineering, procurement, fabrication, hook-
Ampelmann, a Dutch based offshore company focusing on the development, construction, lease and sale of offshore access solutions reports that during the night of February 26th, the 100,000th transfer was made from an Ampelmann system to an offshore platform. The milestone was reached within 4 years
DONG Energy and Bayerngas have decided to develop the Hejre field in the Danish North Sea. DONG Energy is the operator and has a 60 per cent stake in the field. Bayerngas owns 40 per cent. The total investment in the development of the Hejre field is DKK 12.1 billion (USD 2.2 billion). DONG Energy’s
Vroon Offshore Services (VOS), a shipping company established a century ago in the Port of Breskens, the Netherlands, announced that the naming ceremony of VOS Vigilant took place, in Aberdeen, UK, on Friday, February 24. The vessel was christened by Mrs Annthea Hardie, wife of Mr Mark Hardie, BP Lo
Norway’s Solstad Offshore has signed multiple charter agreements for five of its vessels. Fugro Subsea Services has hired «Normand Tonjer» for 200 days firm and the contract is expected to start in March 2012. «Normand Mermaid» vessel has been hired by Fugro Geosciences International Ltd for 180 day
Saint Petersburg hosted Friday a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Christophe de Margerie, Chairman of the Board of Directors and CEO of Total. The participants tackled the main issues of Phase 1 implementation at the Shtokman field and, inter al
Wood Group PSN has secured a major North Sea contract by Premier Oil to deliver integrated operations and maintenance support services to the Balmoral floating production vessel (FPV). The contract, estimated to be worth in the order of £250 million (USD 396.5 million) , will see Wood Group PSN prov
Dragon Oil plc, a Dubai-based international oil and gas exploration, development and production company, announces the successful completion and initial testing of the Dzheitune (Lam) 28/166 development well, off the coast of Turmenistan. The well, located in the Caspian sea was completed with a sin
Providence Resources P.l.c. provides an operational update on its ongoing well operations in the North Celtic Sea Basin, offshore southern Ireland. The 48/24-10z Barryroe appraisal well is located in c. 100 metre water depth, c. 50 kilometres offshore Ireland in Standard Exploration Licence (SEL) 1/
Thailand’s PTTEP has entered into the race with Shell over Cove Energy’s shares. PTTEP’s President and CEO Anon Sirisaengtaksin revealed that the company would be willing to pay 220 pence for each Cove’s issued or to be issued share. The proposed offer values Cove at approximately USD 1.77 billion w
