On the recommendation of Jacques de Chateauvieux, the Board of Directors of BOURBON, meeting on December 6, 2010, decided to separate the functions of Chairman of the Board of Directors and Chief Executive Officer, with effect from January 1, 2011. Jacques de Chateauvieux, previously Chairman & Chie
ClampOn will deliver subsea monitors to the Statoil operated Pan Pandora Project. Pan Pandora is an offshore oil and gas field located in water depths of approximately 950 feet (290 meters) in the Norwegian sector of the North Sea. ClampOn will deliver subsea sand monitors to FMC who has the contrac
Reef Subsea AS announced that they have acquired the Norwegian company EXS Subsea AS that owns 80% in S3, Specialist Subsea Services Ltd., based in Aberdeen, Scotland. Registered in 2007, S3 specializes in the provision of offshore survey, positioning and ROV services. Services include remote interv
As of the 1st of January 2011 T.O.S (Transport & Offshore Services) will be the supplier of nautical temporary personnel (sailing) in … [mappress] Source:T.O.S, January 7, 2011;
Statoil has planned 990 modification projects on the Norwegian continental shelf in 2011, with a price tag totalling NOK 9 billion (Approximately USD$1,52 bln). The modifications will improve health, safety and the environment (HSE) – as well as earnings from the installations. Appropriations for mo
Norwegian Energy Company ASA is pleased to announce that drilling of exploration well 17/6-1 has started. Target for the well is the Svaneøgle prospect. Noreco is the operator. Svaneøgle is located in production license PL545, about 100 kilometres southeast of the Grane field in the central part of
Total announces that its affiliate Total E&P UK has made a new gas and condensate discovery in the West of Shetland on the United Kingdom Continental Shelf, close to the currently under development Laggan and Tormore fields. The Edradour exploration well lies in block 206/4, 75 kilometres North West
The Petroleum Safety Authority Norway (PSA) is responsible for developing and enforcing regulations which govern safety and working environment in the petroleum activities on the Norwegian continental shelf and associated land facilities. The regulations with guidelines, in both Norwegian and Englis
Petroleum Geo-Services ASA (‘PGS’ or the ‘Company’) routinely releases information about 3D vessel utilization around the end of each quarter. Summary of vessel utilization: The vessel statistics for the fourth quarter 2010 includes the new vessel PGS Apollo (Image), which started seismic acquisitio
Trelleborg’s acquisition of the privately owned company PPL Polyurethane Products Ltd has been finalized. The company has annual sales of approximately SEK 90 M (Approximately USD $13 Million) and about 90 employees. PPL Polyurethane Products is based in the UK and develops, manufactures and markets
UK corporate profitability rose to an 18-month high in the third quarter of 2010, driven by the boom in the manufacturing sector and … By Sharecast [mappress] Source:Sharecast, January 6, 2011;
The Company announces that the 9/3b-6z well has been successfully suspended for potential future use as a production well and the Ocean Nomad drilling rig is off hire from the Bentley field location. In addition to the successful well flow test announced on 21 December 2010, high quality downhole pr
Statoil Petroleum AS (Statoil) has received consent to carry out drilling and completion on the Alve field and well intervention on the Urd field with the mobile drilling facility West Alpha. The consent includes drilling and completion of well 6507/3-L-4 AH on the Alve field and well intervention i
DryShips Inc. , a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, announced that its subsidiary Ocean Rig UDW Inc. has entered into a drilling contract for its 3rd drillship newbuilding Ocean Rig Poseidon. As part of this agreement,
