ABB, the leading power and automation technology group, has won an order from ship owner Myklebusthaug Management to supply the first ever direct current (DC) power grid on board a ship. The equipment will allow a new offshore platform support vessel, under construction at Kleven Maritime in Norway,
Shell’s subsidiary, Shell Bidco has placed a bid £992.4 million (USD 1.56 billion) to acquire the entire issued and to be issued share capital of UK headquartered Cove Energy. The bid comes one month after the decision announced by Cove to conduct a formal sale process for the company. Shell Bidco i
Shell announces today that Malcolm Brinded has agreed to step down as an Executive Director of the Company with effect from 1 April 2012. Mr Brinded has agreed to remain at Shell until 30 April 2012 in order to assist with the transition of his responsibilities. Mr Brinded is currently Executive Dir
Research and development investments in the North Sea are expected to rise driven by the soaring oil prices, says oil and gas technology expert Martin Ewan. A partner in legal firm McGrigors, Mr Ewan said a brighter economic outlook, tied to stronger oil prices, would be a driver in bringing new tec
Swire Pacific Offshore Operations (Pte) Limited (SPO) today announced the acquisition of Seabed AS, based in Bergen, Norway. Seabed AS was founded in 2008 by Mr Hans Martin Gravdal, who has more than 30 years of experience within a wide range of subsea operations. Mr Gravdal and his team will contin
The Norwegian Government has decided that the Norwegian Petroleum Directorate will map the geology in the northeastern part of Norway’s new sea area in the Barents Sea. According to the plan, the seismic surveys will start this summer and continue into 2013. This will provide important knowledge reg
The AMC Connector, the largest and most advanced cable- and pipe-laying vessel for deep ocean operations has arrived to Stavanger, Norway, to undergo modifications. The vessel will be docked at GMC Yard in Buøy outside Stavanger until March 11th 2012. The 156-meter long multi-purpose vessel, AMC Con
UK’s Centrica plc, has reached an agreement with Total E&P UK Limited to buy its non-operated portfolio of producing oil and gas assets and associated infrastructure in the Central North Sea (CNS) for a total cash consideration of $388 million (£246 million). Around 20% of the consideration is alloc
Offshore Ship Designers (OSD), headquartered in The Netherlands has secured ten new design contracts for large diesel-electric Platform Supply Vessels for two major offshore operators building at three shipyards in Brazil, Japan and Spain. Swire Pacific Offshore Operations (Pte) Limited has ordered
Technip has been awarded by Statoil a contract, valued above €150million (198.5 million U.S. dollars), for the major Åsgard Subsea Compression project located in the Norwegian Sea, 40 kilometers East of the Åsgard field, at a water depth of 340 meters. The contract covers the installation of the sub
Flexlife, an oil and gas industry specialist in subsea project and integrity management, has been awarded the ISO/TS 29001 certification for its operations in the UK, the US and Brazil. The internationally recognised standard and technical specification defines the level of quality management system
Sterling Resources Ltd. has hired the Transocean Sedco 704 semi-submersible drilling rig to drill an exploration well in the South Cladhan area in UK North Sea Block 210/29c. The rig is expected to arrive on location, east of Shetland Islands in March with the timing dependant on its current work pr
On October 26, 2011 BP Norge AS exercised an amended 45-day option for the continued use of the Safe Scandinavia at the Valhall offshore facility in the Norwegian sector of the North Sea. The value of the exercised option was around USD 10.9 million. In addition, Prosafe granted two additional 2 wee
The UAE-based Grandweld Shipyards has recently delivered ‘ARADAH’, a 55m dive and maintenance support vessel (DMSV), especially built for ADNOC. The new DMSV is the first from its class to be built by Grandweld Shipyards and will serve as the flagship to ADNOC offshore fleet operating in the region.
