Schlumberger Limited announced today that it has closed its merger with Smith International, Inc. As previously announced, each Smith stockholder will receive 0.6966 shares of Schlumberger common stock in exchange for each Smith share, with cash paid in lieu of any fractional shares of Schlumberger
Recently, Fugro took delivery of the seismic survey vessel M/V Geo Coral. The vessel which is owned by Fugro is the final C-class vessel in the series of four delivered to Fugro since 2007. Geo Coral which is one of the largest and most advanced seismic vessels ever built was outfitted at Bergen Yar
Statoil has awarded Bristow Norway a 10-year contract for three helicopters to fly from Flesland heliport in Bergen from 2012. Taking effect on 15 January 2012, the contract involves the use of three brand-new Sikorsky S92 helicopters, in addition to a new hangar and office facilities at Flesland. T
The Sleipner area in the North Sea is a good example of a mature area on the Norwegian shelf where the APA (Awards in Predefined Areas) system and the introduction of new companies have been a success. Several new field developments New fields will be developed in the Sleipner area in the years to c
Dana Petroleum, the independent oil and gas exploration and production company focused on growth through international exploration and the development of production in the North Sea and Egypt, reports its interim results for the first half of 2010. HIGHLIGHTS Strong Financial Performance * Total inc
A/S Norske Shell, operator of production licence 326, has concluded the drilling of appraisal well 6604/10-1 in the 6603/12-1 (Gro) gas discovery. The gas discovery was proven in 2009 in Upper Cretaceous reservoir rocks (the Springar formation). The discovery is located about 350 km west of Sandness
Aberdeen-based oil services group OEG Offshore (OEG) has been awarded a series of subsea contracts worth £1.2 million. OEG – which specialises in the design, build and rental of specialist A60 cabins and cargo-carrying units for the offshore oil and gas market – will deliver various ROV (Remotely Op
Petrobras and SINTEF have signed a General Research and Development agreement.The agreement was signed on 26th of August, as a part of the Innovation Norway Brazil Day at ONS in Stavanger, Norway. The Executive Manager of Cenpes (Petrobras’ R&D center), Carlos Tadeu, and CEO of SINTEF, Unni Steinsmo
The largest German oil and gas producer, Wintershall, continues to make headway on the path to becoming one of the leading operators on the Norwegian continental shelf. The company has now discovered five new oil fields in the North Sea in just one year, it announced at the international trade fair
Bergen-based specialist subsea service company DOF Subsea Norway has been awarded a contract for the provision of Complementary Offshore Geotechnical Survey by Shtokman Development AG. DOF Subsea will commence work in the Shtokman Gas Condensate field in early September utilising own vessel Geobay.
At the offshore conference (‘ONS’) in Stavanger on August, 25, 2010, Arne Smedal was awarded the ONS 2010 Special Innovation Award. The ONS award committee stated: ‘This year the award goes to Arne Smedal, founder and Board Chair at Sevan Marine ASA for his excellent research-based innovative work o
Ensco plc reported today that it is now in possession of ENSCO 69, a jackup drilling rig that was reclassified as discontinued operations in second quarter 2009. As previously reported, Ensco terminated its contract for the rig with Petrosucre (a subsidiary of the Venezuela national oil company PDVS
Tullow Oil plc (Tullow), the independent oil and gas exploration and production Group, announces its half-yearly results for the six months ended 30 June 2010. These results are presented in US Dollars, the Group’s presentational currency with effect from 1 January 2010. 2010 Half-yearly results sum
Salamander Energy, an independent upstream oil and gas exploration and production company focused on Asia, announces its half year results for the six months ended 30 June 2010. HIGHLIGHTS FINANCIAL * Revenue up by 73% to $133.5 million (1H’09: $77.2 million) * Operating cashflow up by 56% to $63.2
