The Havyard 858 DSV, Seven Havila, that has been under construction at Havyard is today delivered from the yard to a subsidiary of Havila Shipping and then sold to the joint venture company Acergy Havila Limited which is 50% owned by a subsidiary of Havila Shipping and 50% by a subsidiary of Subsea
Maersk Oil made a profit for 2010 of USD 1.7 billion compared to a profit of USD 1.2 billion in 2009. The main reason for the improved result was a 29% increase in the average oil price. The oil production declined, but “we are making significant investments to replace our oil reserves,” says Nils [
AGR Field Operations has appointed Marc Chable as Vice President for Projects and Facilities Engineering. Marc will be responsible for driving the expansion of the Engineering and Project Management business lines now integrated and renamed as Projects and Facilities Engineering. His team will conti
Parker Drilling , operator of the Yastreb land drilling rig for customer Exxon Neftegas Limited (ENL), announced today that it has provided operations services for drilling the world’s longest well, Odoptu OP-11, from Sakhalin Island, Russia. The Odoptu OP-11 well reached a total measured depth of 4
In 2010 BXPL’s main task was performing a closed cavity test and demonstrating the Badger Explorer concept in full scale. Successful tests took place at the test site in Eastern Norway leading to the approval of Milestone 2 by the three sponsoring parties (ExxonMobil, Shell and Statoil) on 7 Decembe
GC Rieber Shipping has today entered into a charter party with Technocean, a subsidiary of Reef Subsea, for the CSV “Polar King” (previously “YN 702”). The charter commences in April 2011 for a 3 years firm charter period. The agreement also includes options for 2 years extension after expiry of the
Technip was awarded by Statoil a contract, worth approximately €90 million, for the Gygrid field development located in the Norwegian Sea at a water depth of 265 – 330 meters. This contract covers: * engineering, procurement, welding and installation of flowlines*, including a 19.5 kilometer pipe-in
FMC Technologies, Inc. announced today that its subsidiary, FMC Kongsberg Subsea AS, has signed an agreement with ConocoPhillips Scandinavia AS for the manufacture and supply of subsea equipment and services for a water injection development in the Ekofisk field. The award has a base value of approx
Marine survey specialist EGS International, UK, has become the latest customer for iXSea’s DELPH Seismic and Sonar subsea mapping … Source: Hydro-international [mappress] Source: Hydrointernational , February 22, 2011;
Lotos Exploration and Production Norge, 100% subsidiary of upstream company Lotos Petrobaltic, has resigned from the 50% interest in the … Source: Polish Market [mappress] Source:Polish market, February 22, 2011;
Providence Resources P.l.c. (“Providence‟), the Irish oil and gas exploration and production company, whose shares are listed in London (AIM) and Dublin (ESM), provides an operational update on its activities across its two frontier exploration licences (FEL 2/04 & FEL 4/08) in the Main Porcupine Ba
Today, 22 February, Stavanger mayor Leif Johan Sevland opened the Norwegian Petroleum Directorate’s new building in Stavanger. When he congratulated the NPD on the new building, he emphasised how important it is that the NPD and its employees have suitable working conditions, so they can do the best
BP announced today the intention of selling its interests in a number of operated oil and gas fields in the UK. The assets involved are the Wytch Farm onshore oilfield in Dorset and all of BP’s operated gas fields in the Southern North Sea, including associated pipeline infrastructure and the Dimlin
DEO announces the appointment of Michael Cooper as Vice President, Exploration & Subsurface. Mr Cooper has extensive North Sea experience with EnQuest PLC, ORYX Energy Company, Inc, Kerr McGee Corporation and BP Amoco and has also worked at the Department of Energy and Climate Change (“DECC”). In ad
