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 an undisclosed client for a three well drilling program in the UK sector. The contract is expected to commence mid March 2012. Estimated c
ITF is calling on technology developers to come forward with innovative solutions to drilling, well intervention and subsea challenges, with the potential for successful proposals to receive up to 100% funding. Submission deadlines are fast approaching for three global calls for proposals, following
ABB, the leading power and automation technology group, has won an order worth about $36 million from oil services company Aker Solutions to provide drives and transformers to their subsea power distribution system for the Asgard subsea oil and gas field operated by Norway’s Statoil. The order was b
Dockwise Ltd. today announces its second project for the new-build vessel Dockwise Vanguard. Directly following the transportation of the Jack & St. Malo platform to the Gulf of Mexico in 2013, the Dockwise Vanguard will return to Korea to load and transport the Goliat floating, production, storage
Fairstar Heavy Transport N.V. released its third quarter results to the market. During the quarter Fairstar was awarded over USD 40 million in new contracts for marine transportation services in the next two years. Fairstar now has contracts in place totalling over USD 220 million in total value. Th
Total E&P Norge AS, operator of production licence 127, has completed drilling wildcat well 6607/12-2 S. The well proved gas and oil. Well 6607/12-2 S was drilled about eight kilometres west of the Norne field. The primary exploration target for the well was to prove petroleum in Middle and Lower Ju
Navingo BV, organizer of Offshore Energy 2011, looks back at a very successful edition of Offshore Energy in the Amsterdam RAI. 5121 unique visitors (compared to 4026 in 2010) with over 30 nationalities from all over the world, like Belgium, Germany, France, Spain, Denmark, Italy, the United States,
Oil and gas firm Ophir Energy has agreed to buy Dominion Petroleum in a 118 million pound ($186 million) all-share deal that will expand its… Reported by: Rosalba O’Brien (Reuters) [mappress] Source: Reuters, October 14, 2011;
Iona Energy Inc. announces it has agreed through a Letter of Intent (LOI) to purchase, from Fairfield Cedrus Limited, a 100% interest in Block 3/8d containing the Staffa Oil Field. The transaction is subject to approval of the U.K.’s Department of Energy and Climate Change (“DECC”), finalization of
The Shah Deniz field was discovered in 1999. It is located 70 km from the coast in water depths of 500-600 meters… Reported by: Rufat Abbasov (news.az) [mappress] Source: Shah Deniz, October 14, 2011;
Aker Solutions has been awarded contracts for the supply of Pusnes offshore loading systems for ten shuttle tankers that will operate in Brazil and Norway. The total contract value for Aker Solutions is approximately NOK 150 million. Several major South Korean shipyards have awarded Aker Solutions
The Netherlands is known worldwide for its maritime expertise, advanced technology and innovative shipyards. Europort 2011 (8 till 11 November) is the place where this expertise, technology and innovation comes together. Innovative developments in ‘Advanced Technology’ in the various Dutch maritime
Norway’s Troll A natural gas platform is running at a third of capacity, or 40 million cubic metres per day, operator Statoil said on … Reported by: Victoria Klesty (Reuters) [mappress] Source: Reuters, October 13, 2011;
STX Finland Oy has signed a contract for the construction of two large offshore modules for the North Sea. The modules will be delivered from STX Finland´s Turku Shipyard at the end of year 2012. The project will bring some 250 man-years of labour to Turku Shipyard. The construction of these two lar
