Lundin Petroleum AB (Lundin Petroleum) announced today that the second appraisal well, 16/2-7, has confirmed the extension of the Avaldsnes field approximately 5.5 kilometres south of the 16/2-6 discovery well and 4.5 kilometres south-west of the first appraisal well 16/3-4. The Avaldsnes field is l
GulfMark Offshore, Inc. today announced the initiation of a vessel construction program. The first three vessels in the program will be built by Remontowa Shipbuilding SA in Gdansk, Poland, and consists of two 1000 square meter deck area platform supply vessels of the MMC887CD design and one MMC879C
Electromagnetic Geoservices ASA (EMGS) has entered into an agreement to acquire OHM Surveys Holding AS (OHM), a marine electromagnetic (EM) acquisition company, from certain funds controlled by Sector Asset Management and Seatrans Group (Euro Trans Skips AS) for USD 15.75 million in a stock-for-stoc
Northern announced today the appointment to the Board, with immediate effect, of Dr Rex William Gaisford CBE as a new Non Executive Director of the Company. Rex, aged 70, has worked in oil and gas businesses worldwide for over 35 years. During his career to date he has been CEO, MD, director, projec
Rosneft and ExxonMobil have executed a Strategic Cooperation Agreement under which the companies plan to undertake joint exploration and development of hydrocarbon resources in Russia, the United States and other countries throughout the world, and commence technology and expertise sharing activitie
BW Offshore reports an EBITDA of USD 86.9 million in the second quarter of 2011 compared to USD 75.6 million in the previous quarter. Adjusted for currency hedges, the EBITDA in Q2 2011 was USD 93.4 million. The increase is mainly due to the contribution from the FPSO BW Pioneer. Including ongoing c
Solstad Offshore ASA (SOFF) has signed a contract with Ocean Installer AS (OI.II) for hire of SOFF’s offshore construction vessel (CSV) “Normand Clipper”. The duration of the contract is firm for 5 years with further 5 x 1 year option. Commencement is expected to be during second quarter of 2012. Th
Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, has signed a further two year frame work agreement with Applied Drilling Technology International (‘ADTI’), the turnkey drilling division
Petrofac, the international oil & gas facilities service provider, announces that its Offshore Engineering & Operations (OE&O) business has been awarded two North Sea contracts by GDF SUEZ E&P UK Ltd (“GDF SUEZ E&P UK”). Valued at £30 million over three years with an additional two year option, the
Fairmount Marine’s powerful tugs Fairmount Sherpa and Fairmount Summit have towed FPSO Skarv Idun to the field in the northern Norwegian Sea after it was completed and prepared in Norway. Both tugs had already performed the tow of FPSO Skarv Idun from Korea to Norway earlier this year. The FPSO was
IHC Merwede will be showcasing its innovative vessels, advanced equipment and life-cycle support services on stand number 863 at the forthcoming inaugural OTC Brasil 2011 Conference and Exhibition on 4-6 October in Rio de Janeiro. As a reliable supplier of custom-built ships and equipment for offsho
Aberdeen-based Ecosse Subsea Systems has marked its 15th anniversary with news that turnover has again increased. Source: SubseaUK [mappress] Source:SubseaUK , August 29, 2011;
Today the Prirazlomnaya offshore ice-resistant stationary platform has been delivered to the Prirazlomnoye field in the Pechora Sea. Experts are to fix the platform on the seafloor at a previously prepared site. Afterwards, they will start to surface the platform perimeter with crushed rock and gran
Aker Solutions has appointed Bengt Larssen as head of its geo business. Mr Larssen has since February 2010 been with Aker Solutions’ geo business as vice president exploration. Prior to Aker Solutions he has spent 16 years in various management positions at Schlumberger/Western Geco, operating as ge
