On Wednesday 1st December 2010 a Havyard 832 L SE platform supply vessel was delivered in Bergen to Global Offshore Services B.V., a 100 % subsidiary of Garware Offshore Services Ltd. Newbuild no.105 by Havyard Leirvik AS shipyard is named Beaucephalus. Godmother at the naming ceremony was Shefali B
Faroe Petroleum plc, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, announced the farm-out to Canadian Overseas Petroleum Limited (“COPL”), of West of Shetland licence P.1161 and the as
Petrofac, the international oil & gas facilities service provider, announces that it has acquired a 20% interest in Gateway Storage Company Limited (Gateway), to progress and develop the Gateway Gas Storage project in the East Irish Sea. The cash consideration could be up to £33 million over time, f
Valiant Petroleum plc (“Valiant”) announces that its Don Southwest ‘H’ Panel exploration well (211/18a-28) has reached total depth of around 11,150 feet (3,400 metres). The well encountered a Brent sand formation with low oil saturations, indicative of a residual oil column which has been breached.
Fugro has reached agreement with Riise Underwater Engineering AS to acquire the company. The acquisition is expected to take effect from the end of this year on completion of some outstanding formalities. Riise Underwater Engineering AS (RUE), with its headquarters in Haugesund, Norway, is a provide
With references to stock notice 23rd September 2010. Lundin Norway AS has exercised an option for an additional well with Dolphin AS, a subsidiary of Fred. Olsen Energy ASA, for use of the semi-submersible drilling unit Bredford Dolphin. The well will be in direct continuation with the upcoming cont
DryShips Inc. , a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, announced today that its subsidiary, Drillships Hydra Owners (the owning company of the Ocean Rig Corcovado), has signed a commitment letter with an international len
AF Gruppen (AFG) has signed a letter of intent with Båtservice Holding to acquire 100% stake in Båtservice Offshore Shipyard. The acquisition is a step in the development of AF services to oil and gas market. Båtservice Offshore currently supplies maintenance and modification services to major oil a
A detailed review of planned drilling and well operations has been carried out on Gullfaks since Statoil halted such work on the North Sea field on 10 November. This check has aimed to ensure that the group’s management system is being complied with, and that risk assessments of these activities are
Yesterday, 2 December, production commenced on the Vega gas and condensate field off Norway’s west coast. This will be an important contribution to Statoil’s production on the Norwegian shelf. The Vega field has been developed with three seabed templates, sending gas and condensate to the Gjøa platf
International oil field services company Expro has won two important design awards for its new subsea centre in Cumbria. The Subsea Excellence Centre, in Ulverston, is the manufacturing headquarters for Expro Connectors and boasts solar power and rainwater capture devices. The 114,377 sq ft building
Songa Venus achieved operating efficiency of 99% during the month, the rig completed its third well for Shell Development (Australia) and the rig started its last contractual well in current program for MEO Australia during the month. The rig is thereafter scheduled to commence its 2 well firm + 1 O
Ithaca Energy Inc. and its wholly owned subsidiary Ithaca Energy (UK) Limited (“Ithaca” or the “Company”), an independent oil & gas company with exploration, development and production assets in the UK sector of the North Sea, announces that the contracts for the installation of subsea equipment and
Aker Solutions has set up a new manufacturing facility in South Korea for the production of Pusnes deck machinery™. Aker Solutions has among several major contracts signed a contract for the delivery of Pusnes deck machinery™ for the prestigious “Pieter Schelte”-project, the world’s largest platform
