In Tuesday, Jubilant announced the results of Appraisal Well DDE-APP-1 in the Deen Dayal East Field in the KG Block, which was spudded on the 1st of January 2011. The well was drilled by the operator (GSPC), with the objective of appraising the hydrocarbon bearing sands of the KG-16 discovery well a
A&P TYNE is building on its success in a new business sector with the completion of yet another subsea structure for an offshore oil and gas field. The Mid Water Arch – used to support control cables as they rise from the seabed to the surface – left the ship repair and fabrication yard at […
Norwegian Energy Company ASA (Noreco) has entered an agreement to sell its interests in the South Arne oil field in Denmark to Hess Denmark ApS for a consideration of USD 200 million. Noreco expects to record a profit of approximately USD 50 million after tax from the transaction. “An important part
Polarcus Limited announces that the Company has signed a five year Bareboat Charter Party Agreement (BBCP) with OAO Sovcomflot (SCF) of Russia. Under the terms of the BBCP Sovcomflot will charter POLARCUS SELMA, inclusive of an 8 streamer seismic equipment package, from Polarcus at a rate of USD 69,
Det norske oljeselskap ASA (Det norske) has received consent to carry out exploration drilling in the North Sea with the Mærsk Guardian mobile facility. The consent relates to the drilling of exploration well 3/4-2S which belongs to production licence 356, with Det norske as the operator (60%). Reso
Marlink, the largest provider of maritime satellite communications, has recently extended its contract with offshore vessel operator Simon Møkster Shipping AS for a further 5 years. As part of the latest agreement, Marlink will continue the provision of its Sealink™ VSAT services aboard 18 existing
A group of minority shareholders in BP PLC’s Russian joint venture TNK-BP said Wednesday they would claim 87 billion rubles … Source: Fox Business [mappress] Source: Fox Business, August 10, 2011;
Yesterday in Murmansk a group of Gazprom’s experts led by Alexander Ananenkov, Deputy Chairman of the Company’s Management Committee visited an affiliate of the Zvezdochka Shiprepairing Center to inspect the Prirazlomnaya offshore ice-resistant stationary platform. The delegation was joined by Roman
ULSTEIN has established a new company, Ulstein IDEA Equipment Solutions. This company will take over the activities of former IDEA Heavy Equipment b.v, a Dutch company that ULSTEIN has cooperated with in recent years. Ulstein IDEA Equipment Solutions will be engaged in the development and manufactur
Promex Braila, the only producer of construction equipment in Romania, has expanded cooperation with Norwegian company Grenland Offshore … Source: Agerpres [mappress] Source: Agerpres, August 10, 2011;
Offshore Design Engineering Ltd. (ODE) has won an Integrated Services Contract, to continue providing operations and engineering support to all of E.ON Ruhrgas UK’s operated fixed and subsea assets in the UK North Sea. The contract, worth up to £35M, will also cover the provision of services to any
Bourbon announced second quarter 2011 results. “The steady increase in the fleet’s utilization rates, particularly in shallow water offshore, illustrates the recovery of the offshore market and our clients’ recognition of the performance of our vessels. Although significant, the improvement in daily
Statoil has received consent to use the Deepsea Atlantic mobile facility for production drilling on Gullfaks. The consent relates to drilling and completion of three wells (34/10 F-3 AH, 34/10 F-1 H and 34/10 G-4) in production licence 050. The expected start up is 10 September 2011 (34/10 F-3 AH) a
From 14-17 June 2011, the Petroleum Safety Authority Norway (PSA) carried out an audit of maintenance management on Brage. Background During our audit in 2010, the status of maintenance management in Statoil EPN and associated challenges was presented to us in several meetings. It emerged that Stato
