Aker Solutions has secured an important contract to supply heating systems for the subsea pipelines that Technip will deliver and install for the Goliat field in the Barents Sea. Contract value is approximately NOK 80 million (Approximately USD 13 million). Direct electrical heating (DEH) of pipelin
Endeavour International Corporation announces that its wholly owned subsidiary Endeavour Energy UK Ltd. has signed a definitive agreement to acquire an additional 20% working interest in the North Sea Bacchus development. This transaction represents a purchase of 3.5 million barrels of oil reserves
Reference is made to the announcement by Dockwise Ltd. (“Dockwise” or the “Company”) on 8 November 2010, regarding the approval by its Board of Directors of the commissioning of a newbuild vessel to serve the emerging demand for ocean transports with capacity of above 100,000 metric tons, and the no
International oilfield service company Expro has secured a £1.9million contract with FMC Kongsberg to supply connector systems to the Laggan-Tormore gas field development, 125 miles West of Shetland. Expro’s Connectors & Measurements team will supply the 5kV connector systems to provide power to sub
Transport & Offshore Services- from Rotterdam, The Netherlands, is proud to deliver the Singapore Inspector for its new owners. The former Noordhoek Singapore (ex-Serviceman, ex-Smit Marlin and ex-Smit-Lloyd 61) will sail to start work in the Nigerian offshore oilfields as platform maintenance and i
Centrica Resources Limited awards Seafox Contractors BV a four to five months contract for the accommodation and service jack-up Seafox 1 in the UK Sector of the North Sea. Seafox 1 will be mobilized to the new location upon completion of the current Shell UK contract, around February 1st, 2011. “We
EV Offshore is head-quartered in Norwich but recognising the changing nature of their geographical presence EV has changed its name, dropping the Offshore, and from now on will be known solely as EV. In addition to the new corporate identity they have re-branded their main product from Evoleye to Op
Northern Offshore, Ltd. reported that the company received notice from Vietgazprom that they will not proceed with the fifth and final well of the five-well drilling program offshore Vietnam. The drillship Energy Searcher, upon completion of the fourth well, was at a standby location awaiting the ap
TTS Energy AS, which is part of TTS Group ASA, has signed a contract with DSIC Offshore in Dalian, China for two Drilling Equipment Packages. The contract, which is subject to financing, has a value of approximately USD 76 million. The Drilling Equipment Packages will be installed on two new high sp
Aker Midsund, a wholly-owned subsidiary of Aker Solutions, has signed a contract to deliver four separator and scrubber packages to Hyundai Heavy Industries for the Goliat FPSO. The project has a contract value of NOK 120 million (Approximately USD $20 Million). Separately, Aker Midsund has entered
Floatel International Ltd. announces that it has successfully completed the Initial Public Offering (the Offering) of NOK 290.5 million (approx. USD 49 million) and resolved to allocate and issue 21,000,000 shares, each with a par value USD 0.02. The Offering comprised an institutional offering, in
Today, 19 November, the Petroleum Safety Authority Norway presented its report of the investigation into the drilling and well operations on the Gullfaks field. “The non-conformances revealed and measures proposed in the Petroleum Safety Authority (PSA) report are mainly consistent with the findings
Faroe Petroleum, the independent oil and gas company focusing principally on exploration and production opportunities in the Atlantic Margin, the North Sea and Norway,announces that it has conditionally raised £62.2 million (approximately USD $100 million) through a Placing of 37,718,024 new Ordinar
Polarcus, a leading provider of marine geophysical services, is building two seismic vessels of the new generation type SX134 at the Ulstein Verft shipyard. ULSTEIN has designed and built a number of state-of-the-art seismic vessels the past few years, and the contracts attest to the company’s leadi
