Siem Offshore and Statoil have agreed a contract for the AHTS vessel ‘Siem Topaz’ for operations in the Barents Sea. The contract is for a firm period for three wells, with options for one additional well. The operations shall commence within year-end 2010. The ‘Siem Topaz’ is the sixth AHTS vessel
Statoil’s second quarter 2010 net operating income was NOK 26.6 billion, compared to NOK 24.3 billion in the second quarter of 2009. The quarterly result was affected by a 32% increase in liquids prices measured in NOK, a 6% increase in equity production and a 12% decrease in gas prices measured in
Lamprell , a leading provider of specialist engineering services to the international oil & gas and renewables industry, announces that it has received a US$ 317 million new contract award from National Drilling Company (“NDC”), Abu Dhabi. This contract with NDC is for the construction and delivery
Alnmaritec Limited, which is recognised as one of the UK’s leading specialist boat builders, is rapidly also gaining recognition in the market for oil spill response / pollution control vessels with two new boats already delivered in 2010. The most recent delivery was a boom deployment and spill res
The State Oil Company of Azerbaijan has completed drilling new well No 2271 from offshore stationary platform No 1887 at the Oil Rocks… [mappress] Source: News.az, July 28, 2010:
RDS, the world’s leading specialist designer of drilling facilities, has been awarded the contract for the Chirag Oil Project (COP) “Execute” phase by the Azerbaijan International Operating Company (AIOC), operated by BP. Following project sanction, RDS will perform the COP “Execute” phase including
Following the explosion and subsequent sinking of the Transocean Holdings LLC operated Deepwater Horizon drilling rig in the Gulf of Mexico in April 2010, BP and US Government authorities have been conducting unprecedented oil spill response activities. These ongoing efforts have sought to halt the
Subsea 7 Inc. today reports the second quarter and half year results for 2010. PERFORMANCE SUMMARY Quarter Highlights * Good project execution in all regions. * Award of the largest single contract to the Company’s i-Tech business by Petrobras in Brazil. The contract value is estimated at a minimum
PSN has landed a major deal for dismantling work in the Brent Field, which one of its bosses said yesterday would position Aberdeen as the… [mappress] Source: RedMistArea, July 27, 2010:
BP today announced that, by mutual agreement with the BP board, Tony Hayward is to step down as group chief executive with effect from October 1, 2010. He will be succeeded as of that date by fellow executive director Robert Dudley. BP chairman Carl-Henric Svanberg said: “The BP board is deeply sadd
As the US starts to count the massive conservation costs of the current oil slick disaster off the coast of Louisiana , agreement by the UK government to allow two companies to begin seismic surveys in preparation for potential future oil and gas development in the Moray Firth, Scotland has been con
At the end of the first half of 2010 (as of 24 June) 2five exploration wells on the Norwegian shelf had been completed. During the same period last year, 33 exploration wells were drilled. 19 of the 2five are wildcat wells (new prospects) and six are appraisal wells (for delineation of earlier disco
Faroe Petroleum plc, the independent oil and gas company focusing principally on exploration, appraisal and undeveloped field opportunities in the Atlantic margin, the North Sea and Norway, announces that drilling operations have commenced on the Anne Marie prospect (Faroe Petroleum 12.5%), located
Polarcus Limited announced today that subsequent to the successful and on time completion by Polarcus of the first Gassnova 3D survey (“Johansen 3D”) on 04 July 2010, the second 3D project (“Troll Kystnær 3D”) comprising 323 square kilometers offshore Norway has received budgetary approval and will
