Sevan Marine ASA , a company specializied in owning, operating and licensing FPSOs and drilling units, based on its patented cylindrical floater technology announces fleet technical uptime for March 2011. Technical Uptime for March 2011 was as follows: (%) FPSO Sevan Piranema 90 FPSO Sevan Hummingbi
As a result of the decision made by Det norske, a plan for development and operations (PDO) for the Frøy field will not be filed this year, and it has not been decided when such a plan will be submitted. The plan was to submit a PDO in the autumn 2010 with a FPSO […]
During the period 2-4 February 2011, the Petroleum Safety Authority Norway (PSA) carried out an audit of selected technical and operational barriers in the process facility on Statfjord B. The audit is part of the processing in connection with the application for extended lifetime for Statfjord B(ph
Providence Resources P.l.c., (“Providence”) the Irish oil and gas exploration and production company, whose shares are quoted in London (AIM) and Dublin (ESM), announces the immediate sale of its US oil and gas portfolio in the Gulf of Mexico to Dynamic Offshore Resources LLC (“Dynamic”) for a consi
Statoil, along with partners Eni Norway and Petoro, has made a significant oil discovery on the Skrugard prospect in the Barents Sea. The breakthrough discovery is one of the most important finds on the Norwegian continental shelf in the last decade. Statoil and its partners are in the process of co
EnerMech has been awarded a contract to provide Petrofac Offshore Engineering & Operations with power tools, plant and equipment and lifting gear services. The three year contract, with two one-year options, is estimated to be worth £1 million. EnerMech is already a provider on a Petrofac managed as
Dockwise Ltd. announces that nine awards for Heavy Marine Transport (HMT) have recently been secured by its subsidiary Dockwise Shipping, with a total contract value of more than USD 30 million. Dockwise has been awarded a contract by Baerfield Drilling LLC to transport the semi-submersible rig ‘SS
IHC Merwede develops and builds innovative vessels, advanced equipment and life-cycle support services for the dredging, mining and offshore industries. These markets have remained relatively stable in recent years and are now showing signs of growth. As a result, IHC Merwede has been able to mainta
Bergen Group Vest Elektro has been awarded a contract for electrical design and installations on a multifunctional vessel to be built at Fitjar Mekaniske Verksted AS for The Norwegian Coastal Administration. The contract also includes an option for the same work scope on a similar vessel. The contra
Ensco plc and Pride International, Inc. today jointly announced that they have received notice from the Department of Justice and the Federal Trade Commission granting early termination of the waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (HSR Act), w
Dockwise Ltd., today announces that it has entered into a Master Service Agreement (MSA) with Seadrill Management AS to provide for the transportation requirements of all relevant rigs operated by the Seadrill group, including its subsidiaries. The MSA provides a framework for all future contracts,
BP has decided to extend the maintenance and modification contract with Aker Solutions, exercising a one year option in the existing agreement for the Ula, Valhall(photo), Hod and Tambar fields. Work under the new option will last until April 2012. The contract value is estimated to be NOK 2-300 MNO
Norwegian Energy Company (Noreco) has appointed Ellen Sandra Bratland as new Chief Operating Officer. Bratland has been working for Noreco since 2008 and comes from the position as Asset Manager for Noreco’s field developments in Norway and UK. Bratland holds a M.Sc. degree in Chemical Engineering f
The Petroleum Safety Authority Norway (PSA) has asked the industry to propose specific measures for reducing the number of hydrocarbon leaks and well control incidents on the Norwegian continental shelf. A very positive trend in the number of hydrocarbon leaks larger than 0.1 kilograms per second wa
