Subsea 7 S.A. has clinched a SURF (subsea, umbilical, riser and flowline) contract valued at approximately $80 million from Statoil on Svalin C Field, situated in the central part of the North Sea, six kilometres southwest of the Grane Field. The contract scope includes the transport and installatio
Bergen Group today reported that during the fourth quarter of 2011 the company had a turnover of NOK 932 million and a profit of NOK 47 million before depreciation and write-downs. The group had a total turnover of NOK 3 735 million for the entire 2011, which constitutes a growth of nearly 12 per ce
Yorkshire-based cable cleat manufacturer, Ellis has recently entered into Chinese market by securing a significant order from COSCO Engineering. The company’s Emperor cleats have been specified by COSCO Engineering for installation on the Vantage Drilling Company’s new drillship, the Dalian Develope
Viper Subsea, the Bristol based supplier of subsea systems and products to the global oil and gas industries is making progress in exporting its range of services and products to the global marketplace, with recent success in the increasingly important Brazilian offshore fields. The company’s V-LOCK
Ezion Holdings Limited has secured a charter contract with a value of up to USD 80.3 million over a 4 year period to provide a second North Sea Class service rig (“Service Rig”) to be used by a European oil major to support its oil & gas activities in offshore Denmark. The Service Rig is […]
Bourbon Offshore Norway AS, a fully integrated offshore supply ship owning company announces that the company has secured contract extensions for two of its offshore vessels. AHTS Bourbon Crown has been extended with charterer Exxon Angola for two months. The current contract will then expire at the
After announcing the major natural gas discovery off the coast of Mozambique, Eni, the international oil and gas company, has today announced the Group preliminary results for the fourth quarter and the full year 2011. The Italian oil giant reported full year 2011 net profit €6.89 billion (up 9%) an
VERIPOS has recently been awarded a new three-year contract by Technip, a global project management, engineering and construction company serving the energy industry. The contract is for provision of services aboard eight of Technip’s fleet of subsea construction vessels and represents a continuatio
Rotterdam-based T.O.S. (Transport & Offshore Services) has entered 2012 with an expansion of its services in the Oil & Gas industry. Early this year Michael Koops was appointed as Business Development Manager Oil & Gas to strengthen the positions of T.O.S. in this industry. Koops commented “T.O.S. i
Ukraine’s shipyard Zaliv has renewed its cooperation with Damen Shipyards Bergum (the Netherlands). By the order of Damen, Zaliv will build two highly outfitted hulls of platform supply vessels of project PSV 3300. Zaliv’s marketing director Mr. Yuriy Dovgiy said, “Damen Shipyards Bergum is long sta
Schilling Robotics, LLC, experts in subsea systems, announced today the delivery of two (2) 150hp, 3,000m-rated HD™ ROV systems to Subsea 7. The HD™ ROV offers comprehensive work-class ROV performance in a compact configuration, while providing extensive onboard space for tooling systems. “We are ve
Marathon has received consent to use the Transocean Winner drilling rig for drilling of production well 24/6-B-5 on the Alvheim field. The Alvheim field is developed with the Alvheim FPSO mobile production facility and subsea wells. Well 24/6-B-5 will produce oil from one of the three discoveries co
Kvaerner, a specialised engineering, procurement and construction company providing services to the oil & gas industry, reported operating revenues of NOK 3 004 million in the fourth quarter 2011. Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to NOK 249 million, resu
EPC Offshore has announced plans to expand its services significantly in 2012 with a move into the contracts and procurement sector for the North Sea oil and gas industry. The Aberdeen-based project management company currently works with exploration and production companies to progress projects to