AMEC, the international engineering and project management company, as part of the AMEC Tekfen Azfen (ATA) consortium, announces the award of a five-year Master Services Agreement by BP Azerbaijan. The five-year agreement for the ATA consortium covers the provision of project management, engineering
Aberdeen-based oil services group OEG Offshore (OEG) has launched a subsidiary in Houston to expand its operations in the Americas, increasing its worldwide network. OEG Offshore LLC (OEG US) will supply clients in the offshore oil and gas industry with specialist, pressurised A60 engineering cabins
Since arrival at ADX Energy Limited Lambouka-1 well location on July 2, the Southern Cross Semi Submersible drilling rig was positioned and anchored. Equipment and materials were offloaded then readied in preparation for Spud. The well was spudded 11:40 GMT on July 11 and successfully drilled the 36
Sevan Drilling AS, a wholly owned subsidiary of Sevan Marine ASA, has signed a mandate letter and term sheet with DVB Group Merchant Bank (Asia) Pte Ltd and NIBC Bank N.V. for the arrangement of a USD 530 million limited recourse secured term loan facility. The facility will replace the existing deb
Aberdeen-based Aiken Group has filled a gap in the market by “growing” its own talent in-house in a project spearheaded by the initiative of two students. The 23-year-old oil and gas firm is a leading and innovative supplier of integrated, solutions-based engineering and a specialist service provide
Eidesvik has entered into a contract to build the fourth platform supply vessel powered by natural gas, and by doing so Eidesvik has again proven a strong commitment to green solutions. Eidesvik built the world’s first natural gas powered cargo vessel as early as in 2003 (Viking Energy) and they are
After nearly two years of engineering, procurement, and project preparations, Dockwise has completed the first of two float-overs for the Vyborg Project in Korea. The Vyborg Project with total revenues of approximately USD 100 million is big in scope. And size: It involves moving two 15,000 metric t
The Clair Ridge Joint Venture has awarded Aker Solutions an EPC-contract for delivery of two steel jackets, which will be located west of Shetland. “Jacket structures is the core business for our yard in Verdal and I am pleased to see that we have won such a huge and important contract in an interna
Faroe Petroleum, the independent oil and gas company focusing on exploration, production, appraisal and undeveloped field opportunities in the Atlantic Margin, North Sea and Norway, announced that Hanne Harlem (age 45) has been appointed to the Board as an Independent Non-Executive Director, effecti
The Petroleum Safety Authority Norway (PSA) has granted Statoil Petroleum AS (Statoil) consent to conduct exploration drilling in production licence 269 with the mobile drilling facility Transocean Leader. The consent applies to drilling wildcat well 35/1-2 S in production licence 296 in the North S
The UK’s Oil Spill Prevention and Response Advisory Group (OSPRAG) yesterday gave approval to its Technical Review Group (TRG) to proceed with an engineering study to develop new design concepts for well capping and containment. The project forms part of the UK offshore oil and gas industry’s compre
Seismic research vessel ‘Oceanic Vega’ from Ulstein has been nominated as ‘Ship of the Year 2010’ by the magazine Skipsrevyen. “Once again, the jury is pleased about several exciting and innovative designs. The decision will be taken in about three weeks”, said juror Asle Strønen. The winner will be
British company Red7Marine has become the owner of Damen’s new Stan Tug 1205, the first in a new ship series, which was only just unveiled to the market. Damen had decided to show its new tug series at the Seawork Show held in Southampton in mid-June. But already on the second day of the internation
Aker Solutions has won a contract to supply a further 2 500 feet riser extension to the Dragonquest (formerly Titanium Explorer) rig, which is owned by Valenica Drilling and managed by Vantage Drilling Company. The contract value is approximately NOK 90 million, including both riser joints and buoya
