Topaz Energy and Marine, a marine services company based in Dubai, is preparing to float its shares on the London Stock Exchange to raise… [mappress] Source:The National Business , March 9, 2011;
The Penspen Group has been commissioned by Qatargas, a pioneering liquefied natural gas (LNG) producer, to develop the Detailed Design for a new Flexible Grouted Clamp and to produce a set of Flexible Grouted Clamps to enable the quick and effective repair of their large diameter subsea pipelines in
TGS will host its 2011 Capital Markets Day (CMD) on 8 June at Oslo Konserthus/Oslo Concert Hall (Lille Sal) in Oslo, Norway. The CMD will be arranged in cooperation with The Norwegian Society of Financial Analysts (NFF). The prepared program will begin at 08:30 on 8 June and one-on-one meetings will
Lundin Petroleum AB (Lundin Petroleum) announced that its shares have been conditionally approved for listing on the Toronto Stock Exchange (“TSX”). Lundin Petroleum’s shares will trade on the TSX under the symbol “LUP”. The Company’s shares will also continue to trade on the NASDAQ OMX, Stockholm u
Bergen Group Dreggen AS, a subsidiary of Bergen Group ASA, has been awarded a new contract for the delivery of four EOT (Electrical Overhead Travelling) cranes to the Gudrun platform deck project. Total order value is NOK 10-15 million, and the delivery is expected to be completed within end of Q1 2
Songa Offshore, Cyprus-based offshore drilling company, provides fleet update for February 2011. Songa Venus achieved operating efficiency of 97% during the month. The rig continues to operate for Total E&P in Australia. Songa Mercur(photo) is currently in transit to Singapore after obtaining Chines
Apache Corporation reported that interim repair work on the Forties Bravo to Charlie pipeline was completed on March 6, 2011, and production from Forties Bravo is ramping up to approximately 50 percent of the pre-outage rate of 11,600 barrels of oil per day. The replacement pipeline is scheduled for
Ensco plc announced today that it has priced an underwritten offering of $1 billion principal amount of 3.25% senior unsecured notes due 2016 and $1.5 billion principal amount of 4.70% senior unsecured notes due 2021. The offering of notes was made pursuant to an effective shelf registration stateme
Results from two wells drilled by Statoil in association with the Dagny and Ermintrude discoveries in the North Sea will be important in choosing a development concept and further planning. An exploration well on the Dougal prospect found only traces of hydrocarbons in the Hugin formation, and has b
Plexus Holdings plc, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® method of wellhead engineering, has signed an agreement with Statoil Petroleum AS (‘Statoil’), a leading world-wide energy company, to supply its proprietary POS-GRIP High Pressure/ H
Ithaca Energy Inc. announces today that the Energy Enhancer jack-up drilling unit has commenced drilling a second production well on the Jacky field. Well 12/21c-J03 (“the well” or “J03”) is being drilled to access additional reserves and increase production as part of a field management strategy. T
Cameron has received a contract valued at approximately $200 million from ConocoPhillips to provide equipment and services on two new platforms in the Greater Ekofisk Area Development offshore Norway. The contract is subject to Government approval of the Plan for Development and Operations (PDO) for
Led by strong category and overall satisfaction ratings for segment leader Ensco, offshore contract drillers, bucking an industry-wide trend, registered an adjusted 2.4% increase in EnergyPoint Research’s Contract Drilling Customer Satisfaction Survey in 2010. The stronger ratings were helped by gre
Prosafe has been awarded a Letter of Interim Agreement (“LOIA”) by Talisman Energy (UK) Limited for the provision of the MSV Regalia accommodation support rig at the Auk South Redevelopment Project in the British sector of the North Sea. The firm period of the contract linked to the LOIA is six (6)
