Aker Solutions advanced H6 drilling rigs use integrated Milestone video surveillance for state-of-the-art operational control in harsh environments. Aker Solutions is building model H-6e drilling rigs, the latest-generation of semisubmersible platforms specially designed to conquer the challenges of
Revenue for the period increased by 17% to USD 41.4 billion, primarily as a result of higher freight rates for the Group’s container shipping activities and higher oil prices. The net result for the period was a profit of USD 4.2 billion (a loss of USD 0.7 billion). “The result is exceptional, and w
On Wednesday November 10, Statoil decided to halt the drilling operations that were underway at the Gullfaks field in the North Sea. The drilling and well operations were stopped at Gullfaks for an additional review of Statoil’s routines for planning and conducting drilling operations. On Friday Oct
Wood Group has been awarded a five year operations and maintenance contract by Sevan Marine to provide asset management services for the FPSO Sevan Voyageur (Floating Production Storage & Offloading) on the Huntington field in the UK central North Sea. As duty holder, appointed by Huntington field o
Subsea 7 Inc , one of the world’s leading subsea engineering and construction companies, today announces the award of a contract in the Danish sector of the North Sea valued in excess of US $55 million. The Subsea 7 work scope is to engineer, procure, fabricate, install and commission a 2.2.km bundl
Mechanical engineering company, EnerMech, has launched a new business division which will target the valve supply, testing, inspection and maintenance sector. An initial £2 million (approximately USD $3.2 Million) investment will include the building of an additional workshop at the Aberdeen company
Farstad Shipping has been awarded the following charter contract: Peterson SBS has declared their one year option for PSV Far Splendour (2003, Ulstein P106, 3503 DWT) for continuous operation within the Dutch sector. The option is settled at improved rate level and is agreed between the parties to b
Leading Aberdeen-based oil and gas engineering services company Cammach Group has reported a sharp increase in turnover in the past year. The 13-year-old firm has just announced that turnover has leapt by 56% or £2.7 million to just over £7.5 million. Due to significant growth, 15 additional members
Gazprom has appointed WorleyParsons to perform front end engineering design (FEED) services on its Shtokman Phases 2 and 3 development in the Barents Sea. The Shtokman gas/condensate field is in the Russian sector of the Barents Sea about 600 kilometres northeast of the city of Murmansk. The complet
Further to announcements on May 3, July 1, August 18 and October 1, 2010, Sevan Marine ASA (“Sevan”) announces that on November 9, 2010, relevant subsidiaries of Sevan entered into the charter contract and the services agreement with E.ON Ruhrgas UK E&P Limited (“E.ON”) together with related documen
The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS (Lundin) a drilling permit for well 16/7-9, cf. Section 8 of the Resource Management Regulations. Well 16/7-9 will be drilled from the Transocean Winner drilling facility at position 58° 15’ 17.47’’ north, 02° 17’ 24.95’’ east af
The board of BP announced that it has appointed Brendan Nelson and Frank L. “Skip” Bowman as non-executive directors of BP p.l.c. with immediate effect. Mr Nelson will succeed Douglas Flint as Chairman of BP’s Audit Committee when Mr Flint retires from the Board at the conclusion of the 2011 BP Annu
Statoil and its partners on Åsgard have opted for subsea gas compression to help recover the big remaining reserves in this Norwegian Sea field. Similar projects elsewhere are in the pipeline. Many years of development work underpin this choice. Subsea gas compression has also been assessed on Gullf
“In a market environment that continues to be difficult, BOURBON can today report third-quarter 2010 revenue growth of 6.4%. This confirms the upturn in our Offshore activity, announced previously and already in evidence in the second quarter. It also confirms our strategic choices and reflects our
