The board of BP plc today announced that Brian Gilvary will join the board and become the company’s chief financial officer (CFO) with effect from 1 January 2012. Byron Grote, the current CFO, will take up a new role as executive vice president, corporate business activities, on the same date. Dr Gr
As BP announced its financial results for the third quarter of 2011 group chief executive Bob Dudley today set out more details on BP’s future direction and strategic priorities, saying the company had reached a clear turning point. Progress made through 2011 in reshaping and focussing the company i
Aibel is to upgrade Troll A significantly over the next three and a half years. The contract was signed at the Statoil office on Vækerø in Oslo on Thursday. “It was a very formal happening which was nice to take part in,” says Stig Jessen, who is in charge of Field development in Aibel. He […
ShawCor Ltd. yesterday announced that its pipecoating division, Bredero Shaw, has been awarded a number of contracts with a total value in excess of US$40 million from Subsea 7, a global leader in seabed-to-surface engineering, construction and services, to provide flow assurance pipecoatings in sup
The Offshore business stream of the Penspen Group, Andrew Palmer & Associates, has been contracted to provide the Front End Engineering Design (FEED) for EPC Offshore Limited (EPC) in support of Ithaca Energy’s Greater Stella Area (GSA) Development. Under the terms of agreement, Penspen will provide
Normal operation was restored on the Statoil-operated Grane field in the North Sea on 18 October, ending a substantial reduction in output since early October. The cut-back was caused by problems with the gear shaft on the platform’s injection compressor following an extensive overhaul of this equip
Kongsberg Oil & Gas Technologies (KOGT), a wholly-owned subsidiary of Kongsberg Gruppen ASA, has signed an agreement to supply a flexible risers and umbilicals installation system for the ‘Capstan Reel Installation System’ (CRIS), to the Offshore Installation Group (OIG). The patented CRIS design si
Statoil has awarded ABB a contract for the electric drive system for the two new pre-compressors on the Troll A platform in the North Sea. The contract is worth approximately $270 million Statoil and its partners in the Troll licence on the Norwegian continental shelf (NCS) decided in September to i
Wärtsilä will supply two Finnish icebreakers with catalytic converters designed to significantly reduce emissions of nitrogen oxides, which are harmful to the environment and to human health. The ships will also be converted to enable the use of Ultra Low Sulphur Diesel fuel. Wärtsilä, the marine in
TNK-BP shareholders Alfa, Access, Renova (AAR) and BP have agreed a number of decisions regarding senior management roles at TNK-BP. It is expected that these decisions will be formally approved by the Board of Directors and implemented before the close of the current year. The decisions reflect the
Prosafe has been awarded a 150-day contract using the Safe Astoria for accommodation support at the Woodside operated North West Shelf Project’s North Rankin Redevelopment Project, offshore Western Australia. On site operations are planned to commence between April and May 2012. In addition, Prosafe
Energean Oil & Gas, an independent E&P company with operations in Greece and Egypt, announced today the appointment of Andrew Grosse to the position of Group Exploration Director. Andrew will also join the Board of Energean Oil & Gas with immediate effect. Andrew, is a Petroleum Geoscientist with 30
Rocksource ASA, operator of production licence 559, has completed drilling of wildcat well 6608/11-7 S. The well is dry. The well was drilled in the North Sea, about 200 kilometres west of Sandnessjøen and about five kilometres northeast of the 6608/11-4 (”Linerle”) discovery. The primary exploratio
RWE Dea UK announced today that the Breagh Alpha platform has been successfully installed in the North Sea. The 2,000 tonnes jacket with eight piles weighing a total of another 2,000 tonnes was installed by Heerema Marine Contractor’s heavy lift vessel (HLV) Thialf in 62m of water some 100 km off Te
