Seadrill has entered into an agreement to sell the newly built jack-up drilling rig West Juno to an undisclosed buyer incorporated in UK for a total consideration of US$248.5 million. Seadrill expects to record a gain on sale of approximately US$18 million on closing. Closing of the agreement and th
Polarcus Limited announces that the Company has received a Letter of Award from Statoil for a 118 square kilometer 4D seismic acquisition project over PL037 Statfjord Nord and Sygna in the Norwegian Sea, offshore Norway. The project, subject to the execution of a service contract, will be acquired d
Early March, Huisman, the Dutch-based specialist in lifting, drilling and subsea solutions, successfully installed world’s largest Offshore Mast Crane onboard the “Seven Borealis”Pipelay / Heavy Lift vessel in four days only. This crane installation is considered as the heaviest and logistically mos
Nexen Exploration Norge AS, operator of production licence 434, has completed the drilling of wildcat well 6507/8-8. The well was drilled about seven kilometres southeast of the Heidrun field. The purpose of the well was to prove petroleum in Lower Jurassic reservoir rocks (the Tilje and Åre formati
Polskie Górnictwo Naftowe i Gazownictwo SA (PGNiG SA) is completing preparations to produce oil and gas from the Skarv field on the Norwegian Continental Shelf (NCS). In early May 2011, a floating production, storage and offloading (FPSO) vessel will arrive at the drilling site. The FPSO is the worl
Deep Sea Supply announces that the AHTS vessel “Sea Bear” has been awarded a 9 month contract extension from Melittah Gas for operations in the Mediterranean until January 2012. “Sea Bear” will replace “Sea Cheetah” which has been working under this contract. DEEP SEA SUPPLY Plc Deep Sea Supply Plc
Statoil has today submitted a plan for development and operation (PDO) for the Vigdis North-East development in the North Sea to the Norwegian Ministry of Petroleum and Energy. Production start is scheduled for December 2012. This is the second fast-track development plan submitted to the Norwegian
Pursuant to the decision by the Gazprom Board of Directors, an order was signed to open the Company’s representative office in the city of Doha, State of Qatar. The representative office will pursue the primary objective of developing long-term mutually beneficial economic cooperation of Gazprom wit
Polarcus Limited announces that the Company has today received a Statement of Qualification from Det Norske Veritas (DNV) to qualify Polarcus’ Arctic operating procedures according to industry best practice and relevant standards. The Statement of Qualification was presented to Polarcus at the 7th A
Wood Group Kenny announces the launch of two new joint industry technology initiatives, SURF IM and SLARP, valued at US$1m, which are considered critical for the future operation of subsea systems, particularly for deepwater and long-tieback locations. Wood Group Kenny has been proactive in proposin
SBM Offshore has awarded a contract to Keppel Singmarine in Singapore for the detailed design and construction of a multi-purpose Diving Support & Construction Vessel (DSCV). This investment is an important element of the Company’s strategy to grow offshore contracting activities within the Turnkey
EnCore Oil plc to provides an update on the Cladhan appraisal well 210/30a-4 located in UK North Sea Block 210/30a. The appraisal well was drilled as a deviated well to a Total Measured Depth of 12,252 feet and encountered oil bearing Upper Jurassic sandstones in two separate reservoir intervals. No
Statoil has received consent to use the Island Wellserver mobile facility for well intervention activities on Troll Oseberg Gass Injection (TOGI). In addition to the fields included in previous consents a need has arisen to carry out minor well intervention work on TOGI. The objective of the activit
SeaBird Exploration PLC ,a global provider of marine solutions for seabed acquisition of 3D/4C/4D multimode seismic data with OBN operations, marine 2D and 3D seismic data, and associated products and services to the oil and gas industry, announces fleet update for Q1 2011 Vessel utilization is defi
