Helix Energy Solutions Group’s newbuild charter ROV support vessel, Grand Canyon, recently completed sea trials and is ready to begin operations in the North Sea. During the sea trials the vessel’s propulsion system, dynamic positioning system and all her cranes were tested. The vessel recently comp
CGX Energy Inc. has entered into an agreement that may lead to the farm-out of 5% of its 25% participating interest in the Georgetown Block to Repsol Exploración S.A. The agreement is subject to Government of Guyana approval. If approved, the revised interest, effective September 1, 2012, in the Geo
Acteon Group Ltd, a UK-based offshore oil and gas services group has announced the acquisition of a majority interest in the company by an affiliate of Kohlberg Kravis Roberts & Co. L.P (together with its affiliates, “KKR”) from First Reserve, with management retaining a significant holding in the c
Triton Diving Services, LLC, an affiliate company of Grey Mountain Partners (“Grey Mountain”), has acquired the diving assets of Louisiana Oilfield Divers (“LOD”), including the Premier Explorer, a 208-foot, 4-point vessel. Mark Jeansonne, CEO of Triton Diving Services, said, “The LOD acquisition st
Aker Solutions has been awarded a contract by Statoil to deliver five subsea trees and eleven control modules to the Visund field on the Norwegian continental shelf. Contract value is approximately NOK 300 million. The agreement is a call-off from an existing frame agreement between Statoil and Aker
Loading operations of the first platform of South Pars gas field phase 12 started today in Khoramshahr, Iran. Managing director of Iranian Offshore Engineering and Construction Company (IOEC), Ali Taheri told Shana the platform with 3.26 thousand tons of weight and 4.410 square meters area will be i
STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, has secured a contract for the design and construction of one Cable Laying Vessel (“CLV”) for an international client. The vessel will be of STX OSV’s own CLV 01 design. Deli
Red Spider, the Remote Open Close Technology (ROCT) specialist delivering major savings and reduced risk to the oil and gas industry, has successfully completed an operation worth over £300,000 with a major energy company using its eRED-FB technology off the coast of Equatorial Guinea. Red Spider in
Borders & Southern has signed a contract with Petroleum Geo-Services (PGS) for the acquisition and processing of a new 3D seismic survey offshore Falkland Islands. The survey, measuring approximately 1100 sq.km, will be located in Quad 61 adjacent to the northern margin of the Company’s existing 3D
Aibel yesterday celebrated the completion of the giant 6,000 tonne Gudrun module after a year and a half of intense activity and heavy lifting. The Gudrun modules that have been built in Thailand, are complete and ready for the journey to Haugesund. Gudrun is the largest module that has ever been bu
TI Africa Limited, the owner of FSO Africa, has signed a new agreement with Maersk Oil Qatar AS (MOQ) for the provision of FSO services on the Al Shaheen field offshore Qatar. The contract has a fixed duration of five years beginning 1 October 2012 with an option granted to MOQ to extend the contrac
Scana Industrier ASA has through it’s daughter company Scana Subsea AB entered into a contract for delivery of riser components with a total value of 26 million SEK (USD 3.9 million). The riser components with lengths up to 18 meters will be delivered to the Gulf of Mexico. Production will start in
Roc Oil (China) Company, a wholly owned subsidiary of ROC and the operator of Block 22/12 exploration licence, has announced the start of the exploration drilling programme in Block 22/12 in the Beibu Gulf, South China Sea. This programme is intended to test field limits and a number of additional p
BP Norge AS has exercised the second of two one-month options, thereby extending Safe Scandinavia’s operations at Valhall field, located in the Norwegian part of the North Sea, until December 31, 2012. The value of the exercised option is approximately USD 9.3 million. Safe Scandinavia was built in
