Wärtsilä, the marine industry’s leading solutions provider, has introduced a more powerful version for marine applications of its popular Wärtsilä 32 engine. First introduced in the 1980s, and with more than 4000 units sold to the marine industry alone, the Wärtsilä 32 engine has proven to be a high
Dockwise announces that it has signed a contract for USD 25 mln, with an affiliate of Chevron U.S.A. Inc. regarding the transportation of the Jack & St. Malo hull from Korea to the Gulf of Mexico. It is the intention of the parties that this contract – already included in the Q3 backlog as a [&helli
BW Offshore has concluded the syndication process for a USD 2.4 billion seven year senior secured credit facility. The credit facility was substantially oversubscribed by a group of 15 leading international banks. The facility will be used to refinance BW Offshore and Prosafe Production’s main credi
Dragon Oil plc , an international oil and gas exploration and production company, announces the completion and initial testing of the Dzheitune (Lam) 28/151 development well and successful commissioning of the 14-inch in-field pipeline. The Dzheitune (Lam) 28/151 was drilled to a depth of 3,512 metr
Bergen Oilfield Services AS (BOS) is delighted to announce that we have signed a contract with LOTOS Exploration and Production Norge AS, acting as Operator on behalf of the License Group in PL 503, of a 1563 sqkm acquisition program of 3D Seismic Data in the area of PL 503 in the southern part of [
Sevan Marine ASA, on behalf of one of its subsidiaries, has secured commitments, subject to documentation and conditions precedent, for a USD 480 million Senior Debt Project Finance Facility for the Sevan Driller with DVB Group Merchant Bank (Asia) Pte Ltd, NIBC Bank N.V. and ING Bank N.V. as Mandat
STEP Offshore, a wholly-owned subsidiary of Aker Solutions, has won a contract from South Korea’s STX Offshore & Shipbuilding Co., LTD (“STX”) to supply equipment for a new, dynamically positioned ultra-deepwater Globetrotter-class drillship(image). The owner of the ship is Noble Corporation. STEP O
Ithaca Energy Inc. and its wholly owned subsidiary Ithaca Energy (UK) Limited, an independent oil & gas company with exploration, development and production assets in the UK sector of the North Sea, announces that stable production from the second workover well (A23) on Beatrice Alpha has increased
The Petroleum Safety Authority Norway (PSA) has granted consent to perform manned underwater operations in 2011 within the framework of a joint operations agreement for underwater services between ExxonMobil, Gassco and Statoil. The planned activities in 2011 include e.g. work on the Statfjord C (ph
Work has begun in Peterhead on a pioneering underwater tool developed by Aberdeen-based Ecosse Subsea Systems. Ecosse Subsea Systems was recently awarded a £30,000 Scottish Enterprise grant to assist in the research and development of SCAR, a specialist trenching plough, and fabrication is now under
1.753m tons of condensate were produced from Shah Deniz offshore gas condensate field in January-November, sources in SOCAR reported. By Rufat Abbasov (News.az) [mappress] Source: News.az, December 28, 2010;
Wilhelmsen Ships Service has launched a new range of Unitor Ultrasonic Cleaning Machines. The series, which consists of four choices of cleaning unit capacity, includes some important advanced features, such as an ultrasound sweep function to ensure a uniform distribution of the cleaning function th
The Charterer CGGVeritas has recently trough it subsidiary Exploration Investment Resources II AS declared their option and extended the contract with 3 years for the seismic vessel Veritas Viking starting ultimo May 2011. The owner of the vessel is Eidesvik Shipping AS, a subsidiary of Eidesvik Off
FMC Technologies, Inc. that it has signed an agreement with Statoil for the manufacture and supply of subsea production equipment to support the Vigdis North-East development. The award has a value of approximately $75 million in revenue to FMC Technologies. Vigdis North-East is a fast-track oil and
