From 3 March to 21 June 2011, the Petroleum Safety Authority Norway (PSA) audited employee participation in Transocean’s HSE management Background In recent years, the PSA has directed special attention at partite cooperation and facilitation for employee participation in the petroleum activities. P
Transocean Services AS, a wholly owned subsidiary of Transocean Ltd., today announced an all cash voluntary offer for 100 percent of the shares of Aker Drilling ASA for NOK 26.50 per share. The Board of Directors of Aker Drilling has unanimously recommended that its shareholders accept the Offer. On
The Cypriot media report that Noble Energy Inc. will begin drilling an offshore exploratory well at Block 12 on September 21. The well is… (globes) [mappress] Source: globes, August 14, 2011;
Shell U.K. Limited confirmed the oil leak in a flow line to Gannet Alpha platform is under control. The subsea well was shut in on Wednesday and the flowline on the seabed is now isolated and depressurized. Leakage of oil has been considerably reduced. “Shell takes all spills seriously, regardless o
The offshore construction vessel, Island Intervention, of the SX121 design from ULSTEIN was named today. Shipowner Island Offshore has great expectations for the new vessel, which will carry out advanced operations in the Norwegian Sea this autumn. Island Offshore is a world leader within light well
Solstad Offshore ASA (SOFF) have signed a Letter of Intent (LOI) with Subsea 7 for hire of SOFF’s offshore construction and support vessel (CSV) “Normand Oceanic”. The agreement is for a firm charter period of 3 years with 3 x 1 year option. Commencement is currently expected to be April 2012. The c
Allseas’ Solitaire, the world’s largest pipelay vessel, has completed work on Line 2 of the Nord Stream natural gas pipeline through the Baltic Sea ahead of schedule. The vessel laid 342.5 kilometres of each of the twin pipelines in the Gulf of Finland. “The Solitaire has lived up to all our expecta
Aker Solutions’ operating revenues in the second quarter of 2011 were NOK 7.8 billion. Earnings before interest, tax, depreciation and amortisation amounted to NOK 636 million. Order intake in the quarter was NOK 14.3 billion. “We have a strong order intake which reflects high tendering and activity
Zhejiang Shipbuilding Co., Ltd. an affiliate to Sinopacific Shipbuilding Group, held the delivery and naming ceremony of global lead vessel PX105, a ship built for Bourbon Offshore Norway on the morning of August 9. The company leaders and the ship owner’s representatives attended this grand ceremon
Kvaerner today announced second quarter 2011 results. “We are delivering a robust second quarter despite the loss on the Blind Faith project and a loss provision on the Longview project”, says Jan Arve Haugan, President & CEO of Kvaerner. Operating revenues in the second quarter amounted to NOK 3 9
Nautical Petroleum plc announces that the Kraken 9/02b-5 pilot well, located in UKCS North Sea Block 9/2b, has successfully encountered oil in the Heimdal III sandstone interval. The pilot well was drilled to a total depth of 4,785 feet Measured Depth (MD). The top of the target Heimdal III reservoi
Murmansk hosted Wednesday a working meeting between Alexander Ananenkov, Deputy Chairman of the Gazprom Management Committee and Dmitry Dmitrienko, Governor of the Murmansk Oblast. The parties discussed the prospects for developing the regional shipbuilding sector placing an emphasis on a possible r
Norwegian Energy Company ASA today presents its second quarter 2011 results, with EBITDA of NOK 149 million and a negative net result of NOK 9 million from continued operations. Noreco had revenues of NOK 396 million from continued operations in second quarter 2011, an increase of 10 percent compare
On August 9, SOCAR as leader of the Shah Deniz Export Negotiating Team announced that a request for proposal (RFP) and a request for information (RFI) has been issued to the three main prospective EU pipeline groups for transit of Shah Deniz gas to Europe. These are IGI Poseidon, Trans-Adriatic Pipe
