Siem Offshore and Capricorn Greenland Exploration 1 Ltd. have agreed contracts for three PSVs and two AHTS vessels for the Operator’s 2011 exploration campaign West of Greenland during the Summer Drilling Campaign 2011. The PSVs Siem Louisa (Photo), Siem Danis and Sophie Siem, shall perform regular
EnCore Oil plc announces that the Burgman side-track well 28/9-4z located on UKCS Central North Sea Block 28/9 has successfully encountered hydrocarbons in the targeted Lower Tay sandstone interval. The well was drilled directionally with a hole angle up to 64 degrees to a Total Depth of 5,237 feet
KONGSBERG has been awarded a contract-series with Korean shipyards worth apprx 280 million NOK for delivery of Dynamic Positioning and Integrated Control Systems to Drilling Vessels. The building of the vessels will take place on several shipyards. KONGSBERG is an international, knowledge-based grou
Siem Offshore Inc. is in discussions to acquire the remaining 50% ownership interest in the shares of Overseas Drilling Ltd (“ODL”) from a subsidiary of Transocean Ltd. for USD 22.5 million. The acquisition will be subject to a definitive purchase agreement. ODL is a debt-free company and owner of t
STX OSV Holdings Limited, one of the major global designers and shipbuilders of offshore and specialized vessels, announces that it has secured a new contract for the design and construction of a Platform Supply Vessel with NorSea Group AS. The vessel will be of STX OSV’s own PSV 08 design, and is s
Specialist Subsea Services Ltd (S3), a provider of Remotely Operated Vehicle (ROV) and survey services to the international energy industry, has announced a seven figure acquisition of two new ROV systems to expand its workclass fleet. The acquisition adds to the capacity of S³ to undertake the wide
Shell and KROHNE recently signed an agreement to commercialize a new multiphase flowmeter based on the Magnetic Resonance principle for oil and gas field installations. The agreement comprises the manufacturing, marketing and sales of the new meter which was developed through an R&D collaboration be
ConocoPhillips Skandinavia AS has awarded Prosafe a two-month contract for use of the Safe Scandinavia for accommodation support at the Eldfisk Platform in the Norwegian sector of the North Sea. On site operations are planned to commence in May 2012. Furthermore, reference is made to press release d
Northern announces that it has signed an agreement involving Italian permits F.R39.NP and F.R40.NP which contain the Rovesti and Giove oil discoveries and ten mapped prospects. The objective of the agreement is to work with Azimuth Limited (“Azimuth”) a specialist global E&P business, to define and
Nexans, a worldwide leading expert in the cable industry, has been awarded an approximately 18 million euros contract by Statoil to design, engineer and manufacture the static and dynamic subsea umbilicals that will play a vital role in the tie back system connecting the new Gygrid field development
SBM Offshore N.V. is pleased to announce that the Supervisory Board will make a non-binding proposal at the Annual General Meeting of Shareholders to be held on 5 May 2011 at 2.30 p.m. in Rotterdam to appoint Mrs. K.A. Rethy as a member of the Supervisory Board for a term of 4 years. Mrs. […]
Aker Solutions has reached a major milestone in delivering the 100th subsea tree to the world’s largest subsea field development – Statoil’s Troll. A subsea tree is a key technology enabling oil and gas production directly from a subsea well to a processing facility. The tree is essentially an advan
Statoil published the group’s Annual and Sustainability Report for 2010 on its website today, 25 March, as well as its US Annual Report and accounts on Form 20-F. “2010 was a year of important strategic progress and active portfolio management for Statoil. We carried out a successful listing of Stat
BP announced today that an arbitral tribunal has ruled that the interim injunction issued to prevent BP’s proposed transaction with Rosneft, which includes Arctic exploration and a share swap transaction, from proceeding should continue. BP will now apply for a determination whether the share swap m
