STX OSV Holdings Limited (“STX OSV”), 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 of own design for an undisclosed international customer. The vessel i
Hyperdynamics Corporation announced today that Andrei Orlov has joined the company as Vice President for Business Development based in London, England. Orlov most recently was a Regional Director of Foster Wheeler, a global engineering and construction firm, and prior to that, Vice President for Bus
Statoil’s internal investigation into the gas leakage on the Gullfaks B platform in the North Sea on 4 December 2010 has been concluded and the report presented to the Petroleum Safety Authority Norway. A pipeline was being replaced, following the completion of maintenance on a choke valve, when a g
SGS announces its attendance at Gastech 2011 from March 21 to 24. Having attended for a number of years, SGS will be exhibiting along with the world’s leading gas industry experts at the Amsterdam RAI, where Gastech 2011 will take place. SGS will be presenting its wide range of services for the oil,
Petroleum Geo-Services ASA (PGS) has signed a Letter of Award with Mitsubishi Heavy Industries Ltd. for the delivery of two Ramform W-class vessels, with the option for another two ships. The vessels are the first in the new, fifth generation Ramform series. Planned deliveries of the two first vesse
North Atlantic Drilling Ltd. (“NADL” or the “Company”) has completed the first tranche and closed the order book in the private placement of 250,000,000 new ordinary shares of US$1.00 par value at a subscription price of US$1.70, raising US$425,000,000 in gross proceeds to the Company (the “Private
Det norske oljeselskap ASA is working actively on three potential development projects. In the fourth quarter, Det norske recorded high operating revenues. In 2010, Det norske oljeselskap ASA confirmed its position as one of the most active exploration companies on the Norwegian continental shelf an
Eni, the international oil and gas company, today announces the Group preliminary results for the fourth quarter and the full year 2010 (unaudited). Paolo Scaroni, Chief Executive Officer (Photo), commented: “In 2010, Eni delivered operating and financial results which rank among the best in its pee
Ropes made with Dyneema®, ultra-high molecular weight polyethylene (UHMWPE), are proving a safe and secure alternative to steel wire rope for connecting barges and vessels in “push combinations” working on inland waterways. In push combinations, the barge and the unpowered vessel in front of it have
Recently, members of the management of the Oil and gas service provider Dockwise, met an Amarcon delegation, to celebrate their ongoing relationship. Reason for this celebration is the completion of OCTOPUS-Onboard installations on all fifteen Dockwise vessels. The latest OCTOPUS-Onboard installatio
SBM Offshore announces it has signed a long-term cooperation agreement with Mitsubishi Corporation (Mitsubishi) to jointly pursue FPSO lease and operate projects worldwide, subject to pre-existing agreements of each of the companies. Mitsubishi will be an equity partner with SBM Offshore for the own
The consolidated turnover of the concern in 2010 exceeded the expected level by 4 percent. Net turnover of realization in 2010 was 304 MEUR that is 4 per cent more than had been expected. EBT totaled 23.7 MEUR thus exceeding the results of 2009 by 35 percent. In 2011 it is planned to increase [&hell
The United Nations Industrial Development Organization (UNIDO) and Statoil, a leading international energy company in oil and gas production, will work together to examine the feasibility of common projects to promote sustainable energy access and industry in developing countries. An agreement on th
Total Waste Management Alliance (TWMA), a world leader in environmental waste management services to the oil and gas industry, has been awarded drilling waste management contracts by BP worth around £4million. The contracts involve the containment, handling, processing, recycling and disposal of dri
