Maersk Drilling has signed a contract with DONG Energy for the jack-up rig MAERSK RESOLUTE for work on the South Arne field in the Danish North Sea. The expected duration of the seven-well contract is approx 680 days and the contract also includes options for 4 additional wells of estimated 400 day
Dolphin Drilling Ltd., a subsidiary of Fred. Olsen Energy ASA, has entered into a Letter of Award for the provision of the semi-submersible Borgsten Dolphin with Total E&P UK Ltd for an approximate 40 month program in the UK sector to undertake Tender Support services at the Dunbar platform. The con
Antrim, an international oil and gas exploration and production company headquartered in Calgary, Canada, today announced it has commenced drilling operations on the Antrim-operated Erne prospect in the UK Central North Sea block 21/29d (Antrim working interest 50%). Erne is an Eocene Tay Formation
Technip was awarded by Lundin Petroleum a lump sum contract, worth approximately €100 million, for the Brynhild field development. This field, previously known as Nemo, is located in the Norwegian North Sea a few kilometers East of the boundary to UK waters at a water depth of around 80 meters. This
Reef Subsea AS announced Friday (November 11) that they have acquired from Rotech Group 100% of their Rotech Subsea group of companies headquartered in Aberdeen, Scotland. With this friendly and strategic acquisition, Reef Subsea creates a world leader in Seabed Dredging and Mass Flow Excavation ser
Dutch heavy lift specialist, Dockwise, today reported a net income of $8 million for the 3rd quarter 2011, a 39% dip on the $13.1 million earned in the third quarter the year before. Revenues were $112.9 million, higher than $108.9 million in the third quarter 2010 . Vessel utilization, based on 365
Aker Solutions has signed a contract with Lundin for the engineering, procurement and construction of a subsea production system for the Brynhild project on the Norwegian continental shelf. The contract value is approximately NOK 700 million (USD 123 Million). The scope of work includes one template
Lundin Petroleum AB (“Lundin Petroleum”) through its wholly owned subsidiary Lundin Norway AS announces the approval from the Norwegian Ministry of Petroleum and Energy of the Plan for Development and Operation (PDO) for the Brynhild field in PL148, located in the Norwegian North Sea. First product
A Russian court threw out two multi-billion dollar lawsuits against BP on Friday, handing the British oil company a key victory in legal … By Melissa Akin and Vladimir Soldatkin (Reuters) [mappress] Source:Reuters , November 11, 2011;
RAK Petroleum Public Company Limited, the exploration and production company, today announced temporary suspension of drilling operations on the Saleh-5 well offshore Ras Al Khaimah following consultations with partner RAK Gas LLC which this week exercised its full 30 percent back-in option to the f
Bergen Group Hanøytangen is awarded contract for a one-week yard stay for the accommodation rig Safe Caledonia. The yard stay will take place in Q4 this year, and represents the fourth rig project for Bergen Group Hanøytangen in the 2nd half of 2011. During the yard stay that includes some modificat
Rolls-Royce, the global power systems company, announces that Sir Frank Chapman has today joined the Board as a non-executive Director. Sir Frank is the Chief Executive of BG Group and a Fellow of the Institution of Mechanical Engineers. Sir Simon Robertson, Rolls-Royce Chairman, said: “I am delight
Teekay Offshore GP L.L.C., the general partner of Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) , announced today that Teekay Corporation (Teekay) and Teekay Offshore intend for Teekay Offshore to acquire the Sevan Piranema (Piranema) floating production, storage and offloading
Norwegian offshore oil and natural- gas investment will rise through 2014, defying a global economic slowdown, as recent discoveries and … By Stephen Treloar (Bloomberg) [mappress] Source: Bloomberg, November 10, 2011
