Melrose Resources plc , the oil and gas exploration, development and production company, announces first gas production from the Kavarna and Kaliakra gas fields offshore Bulgaria and to provide an update on its exploration operations in France, Egypt and Turkey. Field Developments Bulgaria The Kavar
DONG Energy will release its results for the first nine months of 2010 on 11 November, 2010. A conference call for investors and analysts will be held at 11:00 CET on the same day. Dial in numbers for the conference call: Denmark: +45 32 71 47 67 International: +44 207 509 5139 The conference call [
Operating profit amounted to USD 83 million, which is the best ever quarterly result, and net profit amounted to USD 72 million. Prosafe expects a good long-term demand for semi-submersible accommodation rigs, with stable activity in the North Sea and Mexico and growth in deepwater regions. Prosafe
When the application deadline for the 21st licensing round on the Norwegian shelf expired on 3 November, 37 companies had submitted applications. Director of Exploration Sissel Eriksen in the Norwegian Petroleum Directorate is very pleased that companies still consider the Norwegian Sea and the Bare
AMEC,the international engineering and project management company, has been appointed by Maersk FPSOs to carry out the front-end engineering design (FEED) for modifications to the Curlew floating production storage and offloading vessel (FPSO) in the central North Sea. The value of the contract has
SeaBird is to announces a Q3 report with an EBITDA of USD 7.9 million. • The OBN operation with Hugin Explorer and Kondor Explorer was successfully completed for Chevron North Sea Limited west of Shetland well within schedule 12 August 2010. A new survey for Shell Nigeria Exploration & Production Co
Statoil has submitted an application for new production licences in the Barents Sea and the Norwegian Sea in the 21st licensing round on the Norwegian continental shelf (NCS). Awards are expected in the spring of 2011. A total of 51 blocks have been announced in the Barents Sea and 43 blocks in the
Acergy S.A. announced today the award of a contract valued at approximately $50 million from Dana Petroleum PLC on the Medway Development Project in the Dutch sector of the North Sea. This contract is for the tieback of two subsea wells and the associated dedicated flowlines and umbilicals from the
In October Cargotec has secured EUR 10 million order from the Sinopacific Group in China for the supply of a further 16-shipsets of anchor-handling systems for BOURBON’s newbuildings. The shipsets will be delivered between April 2011 and February 2012. This contract follows an order placed in June t
The board of directors of Spectrum ASA has appointed Rune Eng as new President & CEO for Spectrum ASA. Rune Eng will take over the CEO position in the course of the 4th quarter of 2010. Mr. Eng has broad experience in the seismic industry and has served in different executive positions with Petroleu
Statoil’s third quarter 2010 net operating income was NOK 28.2 billion, compared to NOK 28.3 billion in the third quarter of 2009. The quarterly result was positively affected by a 14% increase in liquids prices and an 8% increase in gas prices compared with third quarter last year. In addition, we
Subsea 7 Inc. , one of the world’s leading subsea engineering and construction companies, announced today that it has been awarded a contract by BP for a two and a half year frame agreement for Life-of-field services in the UK and Norwegian North Sea. The contract is valued in the region of $100 mil
Sonia Sikorav(photo), 53, is a graduate of École Normale Supérieure and an associate professor of Physical Sciences. She holds a PhD in Physical Chemistry and an MSM from the MIT Sloan School of Management (Sloan Fellow Program). Ms. Sikorav began her career at Rhône-Poulenc, where she held various
Providence Resources P.l.c., (“Providence”) the Irish oil and gas exploration and production company, whose shares are listed in London (AIM) and Dublin (ESM), provides an update on its Dalkey Island exploration prospect in the Kish Bank Basin, offshore eastern Ireland. The Dalkey Island prospect is