Seadrill’s majority owned subsidiary Seawell Limited and Allis-Chalmers Energy Inc. announce that their Boards of Directors have unanimously approved a definitive merger agreement providing for the acquisition of Allis-Chalmers by Seawell in a transaction valued at approximately US$890 million (incl
Dana Petroleum, the British oil explorer, said talks on a possible takeover has stalled after the Korea National Oil Corp (KNOC) refused… By Telegraph [mappress] Source: telegraph, August 12, 2010:
Long-standing tradition will be continued at this year’s ONS oil show in Stavanger, when the Petroleum Safety Authority shifts from its red-green logo to assemble beneath the national coat of arms. The golden lion rampant with its axe on a red shield will unite the principal government authorities i
DOCKWISE Ltd., today publishes unaudited results for the three month and half year period ended 30 June 2010. André Goedée, CEO of Dockwise Ltd., commented: “On a quarterly basis, Dockwise has made steady progress in difficult conditions since last summer. We now see encouraging signs across our mar
The State Oil Company of Azerbaijan Republic (SOCAR) develops a plan to transfer the infrastructure and communications in the shallow part… [mappress] Source: tradingcharts, August 12, 2010:
KCA DEUTAG Group is announces the appointment of Dr. Daniel Wiest who will replace Peter Milne as Chief Financial Officer with immediate effect. Dr. Wiest has extensive experience in investment management, finance and control. After studying Business Administration in Munich, he gained his Doctorate
Centrica Energy Upstream (‘Centrica’) and Sevan Marine ASA (‘Sevan’) have, through their respective wholly-owned subsidiaries, entered into an agreement for Sevan to acquire Centrica’s 20% equity interest in FPSO Sevan Hummingbird for a net consideration of USD 39 million. Following the transaction,
Aker Solutions and the Kazakh company KGNT Holding has established a 50/50 joint venture, Aker Caspian. The company is targeted for servicing the offshore oil and gas industry in the Kazakhstan sector of the Caspian Sea. It will offer a wide scope of services to offshore field development and mainte
STX Norway Offshore has through its subsidiary STX Brazil Offshore entered into two new contracts for Norskan Offshore for the building of two Anchor Handling Tug Supply (AHTS) of AH 11 design. The vessels are scheduled for delivery in 2012 and 2013. These vessels are the first of the new AH 11 desi
Aberdeen-headquartered energy consultancy Xodus Group has won a large contract with operator GDF SUEZ E&P UK Ltd to deliver a front end engineering and design (FEED) study for the Juliet field in the Southern North Sea. Xodus will provide an integrated FEED study including flow assurance and operati
CGGVeritas has launched the Oceanic Vega seismic vessel at a naming ceremony held at the Ulstein Verft shipyard in Norway. The Oceanic Vega is the first of a new generation of Ulstein SX120 high-end, environmentally friendly vessels and the first of two X-BOW® vessels commissioned by CGGVeritas, the
Prosafe has been awarded a contract by BG International (CNS) Limited for the provision of the Safe Caledonia accommodation rig for the Gaupe and other projects in the North Sea. The firm period of the contract is 9 months with on site operations planned to commence March 2011. In addition Prosafe h
AGR Field Operations has signed a 3 year agreement with Seadrill Offshore AS for the provision of inspection and surveys according to authority requirements. The agreement covers all of Seadrill’s rigs on the Norwegian Continental Shelf. AGR Field Operations will under this agreement provide service
GEMS has commissioned a high spec DP2 vessel, the MV Normand Tonjer, for geotechnical wind farm work in the North Sea. The MV Normand Tonjer is fully equipped by GEMS for geotechnical services for wind farm turbine site investigations with new geotechnical drilling spread. A specialist deep 20 ton s
