San Leon Energy Plc hss been advised by its partner Beach Energy Ltd , that, as part of its ongoing portfolio management, it is withdrawing from the Durresi Block, offshore Albania. Beach Energy Ltd (“Beach”) has announced the withdrawal as part of an international update where it has also announced
Norway based Farstad Shipping has been awarded the following charter contracts for two of its anchor handling tug and supply vessels. AHTS Far Scout (2001, UT 722L, 18.700 BHP) has been contracted by Petrobras in Brazil for a 4 year period. Petrobras has the option to extend the contract with anothe
Subsea well intervention specialist Helix Well Ops UK (Well Ops), has been awarded a multi-service contract by Talisman Energy (UK) Limited. The contract will see the Aberdeen-based firm carry out a number of subsea workscopes that include well maintenance and production enhancement operations, and
Mechanical engineering group, EnerMech, has opened a base in Bristol and plans to recruit up to 20 engineers in the next 18 months. EnerMech is targeting the south west of England and south Wales in a recruitment drive to maintain an international expansion programme which has seen the firm grow to
On 13 December 2011, the Petroleum Safety Authority Norway (PSA) granted North Atlantic Norway Limited an Acknowledgement of Compliance (AoC) for the West Elara mobile drilling facility. An Acknowledgement of Compliance (AoC) is a decision by the Petroleum Safety Authority Norway that expresses the
KBR’s subsidiary GVA has been awarded a contract for the design of a GVA 3000E Accommodation Unit by Jurong Shipyard. The new unit—to be installed in the North Sea Norwegian Continental Shelf—will be one of the most advanced and efficient harsh environment accommodation rigs in the world. This is th
Norwegian multinational provider of services related to engineering, construction, maintenance, modification and operation, Aker Solutions has signed a letter of intent with Det norske oljeselskap to conduct a front-end engineering and design (FEED) study for Draupne. This is the first major contrac
Wärtsilä, the marine industry’s leading solutions provider with main office in Finland, is to supply the design and propulsors/positioning system for a series of two new flexible pipe laying vessels (PLVs) for advanced operations. The vessels are to be built at the Daewoo Shipbuilding & Marine Engin
Seabrokers reported that UT745L ‘Northern River’ multi purpose support vessel with overall length of 92.8 meters has been delivered to its new owners Serco Ltd on December 20. Seabrokers Ltd said they “were pleased to act as sole broker in this transaction.” Formerly owned by Deep Ocean Shipping AS,
IKM Group have entered into an agreement to acquire a majority shareholding in Cleandrill AS, which will be re-named IKM Cleandrill. Bergen based Cleandrill is a subsea technology business, specialising in collection, management and transfer of drilling fluids and cuttings. This acquisition forms pa
Swiss-based Foster Wheeler AG has been awarded an engineering, procurement and construction management contract by BP Exploration Operating Company Limited for BP Exploration’s Enhanced Gas Separation Project (EGSP) in Scotland. The Foster Wheeler contract value for the project was not disclosed. In
Det norske oljeselskap ASA announced today a fully underwritten, 500 million dollar revolving corporate credit facility*. The facility contains an uncommitted increase feature (accordion) which, if fully utilized, would increase the facility amount by up to a maximum amount of 100 million dollar. Th
On October 6 Awilco Drilling PLC signed a Letter of Intent (LOI) with Hess UK Ltd for the provision of WilPhoenix for work related to their 2012 abandonment program on the Fife and Fergus fields. Yesterday, Awilco confirmed that the contract is signed and is due to commence late Q1 2012. The contrac
UK based oilfield services company Expro has signed a frame agreement for the further advancement of its ground-breaking AX-S™ subsea well intervention technology. Total E&P UK Ltd, the Aberdeen- based subsidiary of the Total Group, has signed a long- term frame agreement with Expro. The signing of
