ION Geophysical Corporation today announced that it has acquired an additional 5,200 km of regional seismic data from offshore Northeast Greenland, bringing the total kilometers the company has acquired in the region over the last two seasons to nearly 18,000. The Arctic is one of the least explored
ABB, the leading power and automation technology group, signed a three-year frame agreement worth $33 million with BP Norway for maintenance, modification and service of the safety and automation systems of all of its oil field operations on the Norwegian continental shelf. The agreement signed in t
The search is launched today for the brightest and best talent and achievements in the Energy industry over the last year. The prestigious Offshore Achievement Awards, recently re-launched by the Society of Petroleum Engineers (SPE) Aberdeen section with the support of main sponsor Taqa Bratani, are
Sartor Offshore announces today that Ocean Alden vessel has been delivered from China, and will begin the voyage to Norway in a few days. Ocean Alden (VS 465) represents a multi role FSV designed by V&S (Now WSDNO) and Wison Heavy Industries/Nantong China. The is owned by Sartor Offshore Alpha AS, m
Sir Robert Wilson has today announced his intention to stand down as Chairman of BG Group at the conclusion of the Company’s Annual General Meeting in May 2012. He will be succeeded by Andrew Gould, currently Chairman of Schlumberger Limited. Mr Gould joined Schlumberger, the world’s largest oil an
STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, announced that it has secured new contracts for the construction of four Platform Supply Vessels (PSV) for Island Offshore. The combined value of all four contracts exceeds N
The first international Business Offshore Conference 2011 held in Hamburg kicks off on December 8th where top executives of the world’s leading offshore and energy companies will give updates on investments, project developments and timelines for offshore projects. A source of pride for the organize
Today (October 28, 2011) a framework agreement which sets out the terms for the planned asset swap to further expand the successful cooperation has been signed in Ludwigshafen by Alexey Miller, Chairman of the Management Committee of OAO Gazprom, and Dr. Kurt Bock, Chairman of the Board of Executive
Aquaterra Energy has been awarded a fourth contract to supply a High Pressure Drilling Riser in as little as 18 months. The multi-million dollar contract firmly secures Aquaterra as the leading Drilling Riser supplier to the offshore industry. A brand new High Pressure Drilling Riser will be supplie
GDF SUEZ E&P Nederland B.V., as the operator, started-up gas production from the G16a-C offshore gas field in the Dutch continental shelf, with a brand new production platform. The G16a-C natural gas field was discovered in 2009 and is located approximately 133 kilometers North East of Den Helder in
A strong cash flow to the government and strong additions to oil and gas reserves are highlights of Petoro’s accounts for the State’s Direct Financial Interest (SDFI) for the third quarter of 2011. Net cash flow in the first nine months was NOK 97.3 billion, up 18.8 bn from the same period last year
In the third quarter of 2011, the technology company The Linde Group built on its good business performance in the first half of the financial year, achieving significant increases in Group sales and Group operating profit in the nine months to 30 September 2011. “We are continuing to make good prog
French oil major Total posted higher quarterly earnings on Friday as stronger crude prices and improved profitability in its refining busine… Reporting By Marie Maitre (Reuters) [mappress] Source: Reuters, October 28, 2011
Sterling Resources Ltd. announced , in response to statements made yesterday by the Ministry of the Economy, Trade and Business Environment (MECMA) in Bucharest Romania, that the Company has reached agreement with the Government of Romania on a package of issues that will resolve the notice of dispu
