Polarcus Limited announces that the official steel cutting ceremony of newbuild NB293, named POLARCUS ADIRA, took place in March 2011. POLARCUS ADIRA is the second of two newbuild 3D seismic vessels ordered from Ulstein Verft AS of Norway and announced by Polarcus on 18 November 2010. The vessels ar
ConocoPhillips recently awarded Vector International a contract for the Jasmine Development Project. The awarded package includes over 2,500 Techlok clamp connectors of all different sizes. The Jasmine field is located in the UK central North Sea and is one of the UK’s largest discoveries since the
Reference is made to the reorganisation of Seadrill’s harsh environment drilling services and the establishment of North Atlantic Drilling Ltd announced on February 15, 2011. Seadrill announces that North Atlantic Drilling’s acquisition of our harsh-environment drilling activities was successfully c
Aberdeenshire-based AMC Engineering Ltd, the main arm of AMC Global Group, has just completed a deal with Halliburton Energy Services. The deal involved the creation of two sets of five containers which form mobile workshops for initial use in the Middle East and Africa. The bespoke workshops were d
With orders in excess of £9.5m, a 90% uplift against EFC’s previous 12 month booking period, leading designer and manufacturer of Instrumentation, Monitoring, Controls and Handling Systems for the global oil and gas industry, EFC Group commenced 2011 with expansion into new headquarters to facilitat
Fairstar Heavy Transport N.V. (FAIR) has signed two marine heavy transportation contracts with GAC in Aberdeen Scotland. Fairstar’s semi-submersible vessels FJORD and FJELL will transport a flotilla of 42 tug boats from Singapore to Maracaibo, Venezuela in April and May of 2011. Both vessels are now
Valiant Petroleum plc (“Valiant”)announces that its wholly owned subsidiary, Valiant Exploration Limited, has reached an agreement to acquire a 30% stake in Block 29/1c containing the Orchid prospect from Summit Petroleum Limited (“Summit”) in return for carrying a share of the cost of the initial e
With effect from 30th of June 2011, the Japanese shipping company Kawasaki Kisen Kaisha, Ltd. (“K” Line Group) will acquire another 50 per cent of the SAL Group and with that will become the sole shareholder of the company. Over the past five years, the two companies have developed a successful part
AMEC, the international engineering and project management company, has been selected by BP Exploration and Production to programe manage their existing portfolio of onshore and offshore projects in the North Sea, estimated to be worth £60 million over the four year contract. As part of the BP-AMEC
Maersk Oil has acquired shares in three production licences in Norway from Marathon Petroleum Norge A/S, a wholly-owned subsidiary of Marathon Oil Corporation , in exchange for Maersk Oil’s financial contribution to the Earb South exploration well. Marathon Petroleum Norge A/S is currently drilling
Ithaca Energy Inc. announces that the Company has entered into an agreement to acquire a 28.46% non-operated interest in the Cook oil field (“Cook”) and a 7.41% non-operated interest in the Maclure oil field (“Maclure”) from Hess Limited (“Hess”) for a consideration of US$74.5 million and the transf
ConocoPhillips has recently awarded Aibel several contracts for modification work at the Ekofisk field. The value of the contracts is approximately NOK 280 million. Aibel is carrying out modifications on several of the platforms at the Ekofisk field in order to hook up a new wellhead platform (2/4-Z
Electromagnetic Geoservices ASA (EMGS) has entered into an agreement with North Sea Shipping to charter the vessel Atlantic Guardian for six months from 25 April 2011, with optional extensions of up to six months. EMGS will equip the Atlantic Guardian with its custom-designed acquisition set, which
Antrim Energy Inc. (“Antrim”), an international oil and gas exploration and production company, announces that Premier Oil UK Limited (“Premier”) has provided notice that it has elected to drill the East Fyne well under the Joint Venture and Earn-In Agreement with Antrim (the “Agreement”), previousl
