Cooperation with Norwegian and Swedish Universities focuses on human factors in simulation. Simulation of Demanding Maritime Operations Kongsberg Maritime AS, Simulation & Training has made an agreement with the Research Council of Norway to form a user-directed research program called SIMAR – Simul
Endeavour International Corporation (NYSE Amex: END) (LSE: ENDV) today announced it has signed a definitive agreement to sell its Cygnus asset in the Southern Gas Basin of the United Kingdom sector of the North Sea to Bayerngas UK Ltd., the UK oil and gas subsidiary of Bayergas Norge AS, for a cash
Seadrill reports second quarter 2010 results: Highlights * Seadrill generates second quarter 2010 EBITDA of US$493 million * Seadrill reports second quarter 2010 net income of US$329 million and earnings per share of US$0.77 * Seadrill acquires the seven jack-up rig company Scorpion Offshore Ltd * S
Hardy Oil and Gas plc, the oil and gas exploration and production company, with assets predominantly in India, announces its fourth successive gas discovery in the exploration block KG-DWN-2003/1 (D3) of NELP-V. The well KGV-D3-W1, the fourth exploration well in this block, was drilled to a total me
Offshore engineering specialist IHC Engineering Business (EB) is “absolutely” confident of being back in profit this year after investment… By Karen Dent, The Journal [mappress] Source: Nebusiness, August 31, 2010,
LUKOIL publishes consolidated US GAAP financial accounts for the second quarter and first half of 2010. The Company’s net income was $4,002 million in the first half of 2010, including $1,949 million in the second quarter. The Company’s free cash flow in the first half of 2010 amounted to $3,127 mil
Statoil has awarded to Aker Solutions Marulk tie-in to the floating production, storage and offloading (FPSO) vessel Norne. Aker Solutions estimates the value of the work to be approximately NOK 120 million. “This award falls within our core business and strategic objective of pursuing more advanced
Wood Group has entered into a contract with BP Operating Company Ltd (‘BP’) to provide topside engineering and project management services for BP’s Andrew Area Development project in the central North Sea. The project scope includes the tie-back of the Kinnoull reservoir to Andrew, some 28km away, a
Cirrus Energy Corporation announces the following operational update regarding ongoing activities in our wholly owned subsidiary, Cirrus Energy Nederland B.V. (”Cirrus“) in The Netherlands. Well M07-07 (Cirrus 42.75%, operator) The deviated M07-07 well, drilled from the M7-A production platform, enc
Sterling Resources Ltd.announced the successful drilling of the Cladhan sidetrack well located on Block 210/29a in the United Kingdom North Sea, some 225 miles north east of Aberdeen, Scotland, in 536 feet water depth. Sterling holds a 39.9% interest and is the operator of the License P1064. Partner
STC-ECO – the Siemens seal-less compressor unit for dirty-gas and subsea applications – has successfully completed its factory test program. Following a highly comprehensive program aimed at qualifying the unit for subsea gas compression, the machine will now undergo a further extended test program.
STX Norway Offshore has entered into two new contracts with Island Offshore for the building of two LNG powered Platform Supply Vessels. The vessels are scheduled for delivery in Q2 and Q3 2012. The total value of the contracts amounts to approximately NOK 900 million. Roy Reite, President of STX No
Statoil has received consent to conduct exploration drilling in the North Sea with the mobile facility Ocean Vanguard. The consent relates to the drilling of exploration well 15/6-11 S, as well as an option to drill a sidetrack. The well is part of production licence 303 and is located approx. 17 ki
CGGVeritas announced that it has been awarded by Pemex a more than 150M$ contract extension to acquire a 3D wide–azimuth (WAZ) program in the Mexican waters of the Gulf of Mexico which will be extended to 18,000 square kilometers. The total survey, which is above 200M$, will be the first WAZ contrac
