AGR Group announces new drilling technology and growth strategy. Sverre Skogen, CEO of AGR Group, outlined the corporation’s ambitions at the annual Pareto Securities Conference on August 31, 2011. AGR Group is embarking on a new growth strategy that will allow it to maximize opportunities presented
Statoil has received consent to use the mobile facility Songa Dee in the northern part of the North Sea on Gullfaks satellites. The consent relates to the wells Gullfaks Sør D, E, F, G, L, M; Gullveig K, Rimfaks H, I, J and Skinfaks. During the consent period, Songa Dee will carry out activities on
Odfjell Drilling on Monday 29 August 2011 signed a management agreement for the semisubmersible drilling rig “Island Innovator” owned by Marine Accurate Well ASA – Maracc (OTC MARA). The rig will be ready for operations in Norway Q4 2012. Odfjell Drilling CEO Simen Lieungh states: “We are very pleas
Cathelco are supplying hull corrosion protection systems and marine pipework anti-fouling systems for two new Ulstein X-Bow vessels which are being built for Polarcus, the marine geophysical company. The systems will be installed on the newbuilds NB292 and NB293 which are being constructed by Ulstei
DONG Energy advised in a company announcement on 25 July 2011 that the company had made an agreement with Noreco for DONG Energy to acquire Noreco’s interest in the Siri field in the Danish North Sea. As stated in the announcement, Noreco had the right to sell its interest or a part of it to [&helli
The Norwegian Petroleum Directorate has granted GDF SUEZ Norge AS a drilling permit for well 7124/4-1 S, cf. Section 8 of the Resource Management Regulations. Well 7124/4-1 S will be drilled from the Aker Barents drilling facility at position 71°35’16.16” north and 24°5’56.84” east after completing
Havila Shipping ASA has entered an agreement to acquire 23% of the shares in Havila PSV DIS, bringing the company’s ownership to 97%. Havila PSV DIS owns the two PSVs Havila Commander and Havila Crusader, which are leased to Havila Shipping on 8-year bareboat leases. Havila Shipping acquired 74% of
The Norwegian Petroleum Directorate has granted Rocksource ASA a drilling permit for wellbore 6608/11-7 S, cf. Section 8 of the Resource Management Regulations. Well 6608/11-7 S will be drilled from the Borgland Dolphin drilling facility in position 66°14’01.32” north and 8°30’47.34” east after comp
RWE Dea UK’s field developments Breagh and Clipper South are both progressing on schedule. On a visit to Heerema’s fabrication yard in Zwijndrecht (Netherlands) today, RWE Dea CEO Thomas Rappuhn emphasized the high significance of both projects: “The proven reserves play an important role to signifi
Norwegian Energy Company ASA (Noreco) is pleased to announce that the drilling of exploration well 6407/5-2S in license PL471 in the Norwegian Sea is about to be completed, and has resulted in a small gas discovery. The well objectives were to prove hydrocarbons in the Chamonix prospect, a stratigra
GSP announces its drilling fleet has been extended up to seven offshore mobile drilling rigs and a modular one. GSP Britannia (ex. Britannia) and GSP Fortuna (ex. G.H. Galloway) entered GSP’s fleet in August. GSP Fortuna is an ABS class three legged independent leg cantilever jack-up rig reaching th
Antrim Energy Inc. , a partner in the Causeway Field located in UKCS Block 211/22a South West Area and Block 211/23d (Antrim 35.5%) announces submission of the final Field Development Plan (“FDP”) to the Department of Energy and Climate Change (“DECC”) and that Board approval has been gained from pa
Foster Wheeler AG announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Aibel AS for the provision of detailed design engineering services to support Aibel, which has been appointed by Statoil as the main engineering, procurement and constr
Det norske oljeselskap ASA successfully raised NOK 489 million (USD 91.2 million ) in private placements directed towards Norwegian and International investors. The Issue was oversubscribed. The price was set at NOK 44.0 per share (USD 8.2 ). 11 111 111 shares will be issued following the Private Pl
