SBM Offshore priced its first US Private Placement project bond of US$ 500 million for the FPSO Cidade de Anchieta. Yesterday, SBM Offshore successfully priced an inaugural US$ 500 million US Private Placement project bond with 16 Institutional Investors. The bond which is rated Baa2/BBB by Moody’s
MEO Australia Limited advises that the data room for the WA-454-P exploration permit which contains the Marina-1 gas and probable oil discovery and the sizeable Breakwater prospect will open on November 1st. MEO intenda to secure a farminee to fund planned drilling in the permit. The farmout is sche
Mexico’s Oceanografia S.A. de C.V., a vessel operator specializing in underwater survey, diving, pipe laying construction and maintenance operations has signed an agreement to acquire the OSA Goliath vessel from CarVal Investors. Oceanografia has operated the OSA Goliath, one of the world’s largest
In April 2011, Norway’s PGS ordered two new generation Ramform Titan-class vessels, with options for another two vessels, from Mitsubishi Heavy Industries Ltd. Deliveries of the two first vessels are in Q1 and Q4 2013. Export credit financing in Japan for the new builds has now been concluded. The e
Welltec and Aker Well Services will deliver solutions for equipment deployment and maintenance in horizontal wells on more than 40 installations on the Norwegian continental shelf. This technology is important to increase recovery on Statoil’s fields offshore. Statoil has, together with its partners
Malaysia’s shipbuilder Nam Cheong Limited has secured contracts for the sale of two Platform Supply Vessels to new clients in West Africa. The vessels will be sold for a total sum of USD 52.1 million to the West Africa-based costumers engaged in offshore marine, engineering and construction services
Siem Offshore has declared the options with STX OSV for the design and construction of two additional Offshore Subsea Construction Vessels (“OSCV”). The vessels will be equipped with a 250t AHC crane and with Launch and Recovery Systems (“LARS”) for Remotely Operated Underwater Vehicles (“ROV”). The
Reef Subsea today announced that its subsidiary company, Reef Subsea Norway, based in Bergen, has been awarded an ROV service contract for seabed gravity and subsidence monitoring on Statfjord, Mikkel and Ormen Lange subsea fields offshore Norway operated by Statoil and A/S Norske Shell. The 21 day
Roc Oil (China) Company, a wholly owned subsidiary of ROC, and the operator of the exploration wells within WZ6-12 and WZ12-8 West Oil Field Development areas in Beibu Gulf offshore China, advises that the HYSY 931 rig, drilling the WZ6-12N-1 vertical exploration well, has encountered a total of 52m
Ashtead Technology Offshore, a leading international subsea equipment solutions specialist, has announced its move to new global headquarters in Westhill, Aberdeen. The investment in the new premises follows on from the recent appointment of Allan Pirie as CEO. The new facility has doubled the compa
On October 1st, The Bureau of Safety and Environmental Enforcement (BSEE) marked the completion of its first year as a Bureau. To recognize the day, Bureau leadership met with employees across the country and stakeholders to thank everyone for their support, highlight accomplishments and discuss the
Decom North Sea (DNS), the offshore oil & gas decommissioning forum, held its annual general meeting last night in St Andrews, with 10 new directors elected from across all sectors of the decommissioning industry. The meeting heard that the supply chain body now has 213 fee paying members. Attendees
PSA Norway has granted approval to Eni Norge AS for the use of Eni Gets Go-Ahead to Use Transocean Spitsbergen on Marulk (Norway) for production drilling on the Marulk gas field in the Norwegian Sea. The consent relates to use of the semi submersible drilling rig Transocean Spitsbergen for drilling
With the opening of a new branch office in Jakarta, Indonesia, TOS has further strengthened its position as a global provider in personnel solutions. “The Asian market is a growth market for us. For our customers, particularly in the Offshore and Oil & Gas industry, this new branch office is a welco
