Forum Energy Technologies, Inc. (Forum) announced the entry into an agreement with MRTS, an operator of offshore pipe laying vessels based in Moscow, Russia, to sell two Perry™ XLX ROVs (Remotely Operated Vehicles). This will mark the first sale of work-class ROV systems from Forum Subsea Technologi
CGGVeritas announced today that the first project for its recently launched Oceanic Sirius X-BOW® seismic vessel will be a 3D BroadSeis™ survey on the Avaldsnes field, potentially estimated to be the third largest oil discovery in Norway, on behalf of Lundin Petroleum. The Oceanic Sirius joined the
One of the largest operators in the UK sector of the North Sea has extended its contract for AGR’s Riserless Mud Recovery system (RMR™) by four years. TOTAL E&P UK’s multiple-well deal with Norwegian solutions provider AGR also includes the firm’s Cutting Transportation System (CTS). The extension,
Statoil’s third quarter 2011 net operating income was NOK 39.3 billion, a 39% increase compared to NOK 28.2 billion in the third quarter of 2010. “Statoil delivered strong financial results in the third quarter of 2011, reflecting operational performance in line with expectations and strong oil and
Fairstar Heavy Transport N.V. (FAIR) has been awarded a contract by Nabors Drilling to transport the DB 301 from Port Gentil, Gabon to Pascagoula, Mississippi on the Fairstar semi-submersible vessel FJELL. The USD 2.1 million contract was signed today in Houston. The FJELL will load the DB 301 immed
The new Northern Europe team will be headed by business leader Steve Brittain, with Steve Clark as operations manager and Paul Harrison as sales manager. The appointments – effective from 1 September – are part of organisational changes in the EMEA region to maximise opportunities in Scandinavia whi
Systematic and integrated thinking about pipelines in all phases of Norwegian petroleum activity was in focus at a seminar staged by the Petroleum Safety Authority Norway (PSA) on 19 October. This international session was the latest annual meeting in a 10-year series held to share expertise and exp
Scotland’s First Minister Alex Salmond yesterday (October 25) officially opened the global headquarters of The Ferguson Group, specialists in the rental of containers, accommodation modules and engineering modules to the offshore energy industry around the world. The Ferguson Group has operated out
Lundin Norway AS (Lundin) has received consent to carry out exploration drilling in the North Sea with the Bredford Dolphin mobile facility. The consent relates to drilling of exploration well 16/5-2 which is part of production licence 501 with Lundin as the operator (40%). The other licensees are S
Russian naval ships are to watch over the extraction of oil and other bio-resources in the disputed regions of the Caspian sea. In the meant… Source: Ruvr [mappress] Source:Ruvr , October 26, 2011;
Caterpillar Marine Power Systems was recently selected to provide 2x 6 M 25 C and 2x 9 M 25 C propulsion engines for an Ostensjo Rederi AS offshore supply newbuild. Each 6 M 25 C engine will provide 2000 kW @ 750 rpm. The 9 M 25 C will each provide 3000 kW @ 750 […]
BP Norge AS has exercised an amended 45-day option for the continued use of the Safe Scandinavia at the Valhall offshore facility in the Norwegian sector of the North Sea. The value of the exercised option is around USD 10.9 million. In addition, Prosafe has granted two additional 2 week options com
The Management Board of Polskie Górnictwo Naftowe i Gazownictwo SA (“PGNiG”) reports that its subsidiary company PGNiG Norway AS (“PGNiG Nor… Source: 4-traders [mappress] Source: 4-traders , October 25, 2011;
BG Group today announced revenue and other operating income increased by 21% to $5 397 million, reflecting the benefit of higher realised prices and a 1% increase in E&P production volumes. As a result of the above, total operating profit increased by 17% to $1 943 million. Cash generated by operati
