DOF has been awarded two six-year charter contracts with ConocoPhillips Skandinavia AS for two supply vessels of STX PSV 09 design. DOF has been awarded two six-year charter contracts with ConocoPhillips Skandinavia AS for two supply vessels of STX PSV 09 design. Both contracts include additional op
The Norwegian Minister of Petroleum and Energy, Terje Riis-Johansen, officially opened the Gjøa oil and gas field in the Norwegian North Sea yesterday in presence of Gerard Mestrallet, Chairman and CEO of GDF SUEZ. Gjøa has been the largest recent industrial project in Norway. It has been developed
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Dimitar Gogov, Executive Director of Bulgargaz EAD. The parties discussed the current status and the prospects for cooperation in the gas sector, and focused on the trans
SeaBird Exploration PLC announces through its wholly owned subsidiary SeaBird Exploration FZLLC the execution of a second contract with Chevron North Sea Limited (on behalf of itself and the other Rosebank partners: Statoil (U.K.) Ltd., OMV (U.K.) Ltd., and DONG E&P (U.K.) Ltd) for the next stage of
Cape Industrial Services Ltd has awarded EnerMech a three year contract for the provision of plant and equipment support. The contract, worth an estimated £4.5 million (approximatelyUSD $7.1 million) , covers the rental and supply of power generation and blasting, tooling, lifting and rigging equipm
The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 30/11-8 S, cf. Section 8 of the Resource Management Regulations. Well 30/11-8 S will be drilled from the drilling facility Ocean Vanguard in position 60°13’3.03” north and 2°29’22.20” east. The drilling p
Maersk Oil, a fully owned subsidiary of A.P. Møller – Mærsk A/S, has acquired licences to Clean Energy System’s Oxy-Fuel technology that allows zero-emission power generation in combination with oil and gas projects. The Oxy-Fuel technology uses pure oxygen to combust natural gas or other fuels to p
Fairstar Heavy Transport NV (FAIR) has been awarded a contract by Grinaker – LTA Construction Nigeria Ltd., Nigeria, a member of the Worley Parsons Group. The Fairstar semi-submersible vessel FJORD departed from its home port in Rotterdam on January 21 and is now sailing to a rendezvous point in the
Lundin Petroleum AB announces the details of its USD 540 million development and exploration budget for 2011. The budget represents a 38 percent increase on the forecast 2010 capital expenditure. The development budget for 2011 is USD 240 million with a major focus on development activities in Norwa
Reference is made to the press release sent out by Songa Offshore SE (the “Company”) on 24 March 2010 regarding the investment of 31,25% of the shares in Deepwater Driller Ltd (“Deepwater Driller”). Deepwater Driller owns the “Songa Eclipse”, a 6th generation Friede & Goldman ExD ultra-deepwater sem
Saint Petersburg hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Rovnag Abdullayev, President of the State Oil Company of Azerbaijan Republic (SOCAR). The parties addressed the results of cooperation in 2010. Gazprom and SOCAR agreed that the jo
Aker Drilling ASA is contemplating the issue of up to NOK 1,500 million in a new senior, unsecured bond in the Norwegian bond market with maturity in February 2016. The proceeds will be used to refinance the outstanding bond issue AKD02 with ISIN NO001057171.4, repay existing subordinated loans to A
EnCore Oil plc announces that the Catcher North appraisal well 28/9-3 in Central North Sea Block 28/9 was spudded at 08.00 hours on Monday 24 January 2011. The EnCore operated well is being drilled using the Transocean Galaxy II heavy duty jack-up rig and is being managed by Applied Drilling Technol
Leading international oilfield services company Expro announces today the introduction of a new Power Relief Valve (PRV) system which reduces the man hours and rig down-time historically associated with operating and maintaining traditional mud pump relief valves and systems. Known as the PRV MAX, t
