A new £350,000 storage facility has opened at Peterhead, as part of Peterhead Port Authority’s ambitious plans for its Smith Quay development. The storage base, which covers 8,000 square metres, provides additional working space to support vessel activities at the port’s £35million deepwater berth,
Valiant Petroleum plc (“Valiant” or the “Company”) provided further detail on its exploration programme for the remainder of 2011 as announced with the Company’s Interim results on 31 August. The programme will target over 30 million barrels of oil equivalent (“mmboe”) of prospective resources net t
Technip announced today an agreement to acquire the entire share capital of Global Industries and reinforce its leadership in the fast-growing subsea segment of oil services. The two companies have entered into a definitive merger agreement whereby Technip will pay US$8.00 per Global Industries shar
Troms Offshore AS, a private shipping company operating offshore service vessels announced today that MV Troms Pollux started the 1st of September 2011 a long term contract to ENI Norway. The contract period is 4 years firm, with 2 yearly options thereafter. Troms Pollux will support the ENI drillin
The AF Group (AFG) has signed the contract for the “H7 Platform Removal Project”. The contract is signed with Statoil, on behalf of Gassco as operator for Gassled. The agreement covers planning, engineering, removal and demolition of the installation. The contract value is approx. NOK 420 million (U
Statoil has signed a contract with North Atlantic Norway to hire the West Hercules rig which can be used for exploration and production drilling internationally and on the Norwegian continental shelf (NCS). Statoil has signed an agreement with North Atlantic Norway Ltd (Norwegian Branch), a company
North Star Shipping, a division of the family-owned global shipping and energy services firm – Craig Group, has secured in excess of £20 million in new business and the renewal of existing contracts. The company which provides offshore support vessels to the offshore industry has won a new contract
The oil and gas group PA Resources continues its drilling campaign in Licence 12/06 in the Danish North Sea with the commencement of drilling of an exploration well at the Lille John prospect. In July an exploration well was drilled on the Broder Tuck prospect on the Danish License 12/06 and gas and
Total announces a major gas discovery in the Caspian Sea in the Absheron block offshore Azerbaijan. The Absheron X-2 well has encountered more than 500 feet of cumulated net gas pays within high quality sands on the northern flank of a major 270 square kilometres structure. Reservoirs are expected t
STX Finland Oy and Eide Marine Semi AS, a subsidiary of Eide Marine Services A/S, have signed a contract for the outfitting, completion and delivery of two highly sophisticated well intervention vessels with an aggregate contract value exceeding EUR 300 million. The technically advanced well interve
Russia’s competition body has approved a request from the country’s top crude producer Rosneft to acquire more offshore assets,… By Vladimir Soldatkin (Reuters) [mappress] Source: Reuters, September 8, 2011;
DeepOcean AS has been awarded a 1 year option by Statoil for the vessel Edda Flora under the existing frame agreement for Inspection, Maintenance and Repair (IMR) the company holds with Statoil. Edda Flora is now committed until 1st December, 2012. The award represents a significant addition to Deep
RBG has secured a major £30million two year contract extension to provide Apache North Sea Limited (“Apache”) with fabric maintenance and deck crew services. The contract, which RBG has held since 2008, will see the continued delivery of a wide range of integrated services, including coatings specif
Bulgaria’s Government said on September 7 it has allowed British oil and gas explorer Melrose Resources to use a seismic vessel by the end… Source: Sofiaecho [mappress] Source:Sofiaecho, September 8, 2011;
