This year marks 25 years since Seaeye started in business. Since that time it has grown to become the world leader in design and manufacture of electric underwater vehicles. Innovations flowing from the company have transformed ROV performance and reliability with a number of key developments that h
Gazprom commissioned the Dzhubga – Lazarevskoye – Sochi gas pipeline yesterday. Sochi hosted the celebrations devoted to this event participated by Vladimir Putin, Prime Minister of the Russian Federation, Alexey Miller, Chairman of the Gazprom Management Committee, representatives of construction a
FMC Technologies, Inc. announced today that it has signed an agreement with Statoil for the manufacture and supply of subsea production equipment to support the Visund Nord offshore development. The contract has a value of approximately $50 million in revenue to FMC Technologies. Visund Nord is a fa
Skire, Inc., the leading global provider of cloud-based solutions for managing capital projects, facilities and real estate, today announced that Total S.A. has chosen Skire’s Unifier as the company’s new cost control system for its exploration and production projects. Unifier was selected after a f
After extensive remodelling and installation work, all the 150 new single cabins are ready for use at Troll A. The project has been led from Aibel’s offices at Billingstad. The contract on Troll A was signed in 2007, and the project is to be finished during autumn 2011. ‘This has been a large and ch
Ulstein Power & Control AS has recently signed new contracts for the delivery of three ULSTEIN COM® systems. STX Electro OSV AS in Brevik, Norway, has ordered two ULSTEIN COM® systems for two vessels under construction for Island Offshore. The systems are the latest in a long line of ULSTEIN COM® de
IHC Merwede has increased its underwriting capacity by more than 50 per cent to €1.5billion. Of this amount, €900 million is committed. The financial agreement has been forged between IHC Merwede and an international banking consortium made up of five banks, with the aim of facilitating internationa
Specialist recruitment consultancy, Primat Recruitment, a part of AMEC, the international engineering and project management company, today launches a dedicated website to support the recruitment needs of AMEC’s North Sea projects. AMEC has recently been selected by BP Exploration and Production to
Nautronix has received orders from a major drilling contractor to supply Emergency BOP (EBOP) Digital Acoustic Control Systems for their … Source: SubseaUK [mappress] Source:Subseauk , June 6, 2011;
Statoil ASA has decided to divest a 24.1% direct and indirect stake in Gassled joint venture (jv) for a consideration of NOK 17.35 billion ( 3.24 billion USD). Following this transaction, Statoil will continue to own 5.0% in the jv. The buyer is Solveig Gas Norway AS, a holding company that is appro
Aker Solutions’ wholly-owned subsidiary STEP Offshore has won a contract to deliver an integrated cuttings re-injection (CRI) system to Maersk Drilling’s jack-up rig Maersk Reacher. Aker Solutions and STEP Offshore will supply a complete system for slurrification and re-injection of drill cuttings.
Ithaca Energy Inc. announces the final production well on the Athena field has been drilled and fully cased. The well encountered a considerable section of oil saturated net reservoir, with good porosities. Development drilling has now been successfully concluded and the project remains on schedule
Following its announcement on 27 May 2011 regarding the offer to acquire the entire issued and to be issued share capital of Sagex Petroleum ASA (“Sagex” or the “Company”) (the “Offer”), Valiant Petroleum plc (“Valiant”) has extended the Offer until 17:30 (CET) on 10 June 2011. All other conditions
Aberdeen-based SeaHold GEOSHIPS Limited (GEOSHIPS) has announced the acquisition of marine management services company Brooklyn Shipping Ltd (BSL). The acquisition is expected to lead to BSL’s staff numbers more than doubling to 80 this year and also contribute to a significant increase in GEOSHIPS’