Sterling Resources Ltd. confirmed that the company received formal approval from the Romanian National Agency for Mineral Resources (NAMR) for the assignment of equity to partners and confirming the term of the offshore license. The execution of this documentation follows the announcement made by th
Norwegian safety regulator has given its consent to Statoil for exploration drilling operations in the Barents Sea. Statoil intends to use the Aker Barents drilling rig. The approval relates to the drilling of exploration well 7220/7-1 which is part of production licence 532. The well is located som
Wärtsilä yesterday confirmed recent reports that it has been in talks with Hamworthy regarding a 825 pence per ordinary share cash offer. The potential offer is likely to assume that no further dividend will be paid but, if a dividend is paid, Wärtsilä’s offer will be reduced by the amount of that d
North Energy declares that the rig “Aker Barents” has completed drilling of wildcat well 7121/9-1 (Zapffe) located in PL518 in the Barents Sea. The well was drilled to a total depth of 2417 m below sea level. The purpose of the drilling was to prove hydrocarbons in the Lower Cretaceous and Upper Jur
Norwegian Energy Company (Noreco) has entered into an agreement to sell its 20 percent share of license PL148 in the North Sea to Lundin Petroleum. The license contains the oil discovery Brynhild (previously called Nemo), where a Plan for Development and Operations (PDO) was recently approved by Nor
Island Offshore, provider of high quality solutions for the offshore oil industry based on a fleet of advanced high quality service and subsea service vessels, announces that it has received a 4 month contract for its Island Centurion vessel from ConocoPhillips. The contract is for supply duties in
ATWOOD OCEANICS, INC. reported today the semisubmersible drilling rig Atwood Falcon, owned by an Atwood subsidiary, was awarded the “Floater Rig of the Year” by Shell recognizing it as the best performing floating rig for Shell worldwide in 2011. Atwood President and CEO Rob Saltiel and Atwood Falco
SNC-Lavalin announces that it has been awarded a contract by Statoil UK to carry out front-end engineering for its approximately 20,000 tonne substructure for the Mariner offshore development in the North Sea. Andy Mackintosh, Executive Vice-President, SNC-Lavalin Group Inc. commented: “We’re very p
SBM Offshore, a Dutch-based global group of companies selling and renting systems and services to the offshore oil and gas industry, today announced its 3rd quarter revenues of $2.2 billion. The company’s order portfolio on 30 September 2011 stood at US$ 15.7 billion, which is an increase of 53% whe
Hamworthy announced today that it has won a contract from South Korea’s Hyundai Heavy Industries to supply its inert gas generator (IGG) package for the QUAD 204 FPSO project. The BP-operated The Quad 204 project involves replacing the existing Schiehallion Floating, Production, Storage and Offloadi
A working meeting was held yesterday in Gazprom headquarters in Moscow, between Alexey Miller, Chairman of the Company’s Management Committee and Helge Lund President and Chief Executive Officer of Statoil. The meeting participants discussed the current state and prospects for cooperation deepening
Aker Solutions in Aberdeen that it has received an order to manufacture and deliver a number of subsea control modules and topside power units as part of an 12,6 million contract with Dana Petroleum plc. The company has signed a contract for the project management, engineering, procurement and const
Dockwise’s new heavy lift vessel, the Dockwise Vanguard, will be able to lift and transport units of up to 110,000 tonnes. The maximum capacity of an existing vessel is 75,000 tonnes. With its width of nearly 80 metres and length of 275 metres, this is the first semisubmersible heavy lift vessel to
Kongsberg Evotec AS, has been awarded a contract with Kleven Maritime (Myklebust), Sanco Shipping and Dolphin Geophysical, for the complete back-deck handling system on Sanco Shipping’s new (up to) 16 streamers seismic vessel built to be operated by Dolphin Geophysical AS. The ST324 designed by Skip
