Today, Trelleborg officially inaugurates its newly constructed facility in Macaé, Brazil. The facility will develop, manufacture and supply high-performance polymer and syntactic foam-based solutions for the offshore industry, such as various buoyancy products. It will also feature the world’s large
ABB, the leading power and automation technology group, has won an order worth $16 million for the renewal of a lifecycle service contract to maintain and upgrade automation equipment installed on sixteen offshore production platforms in PEMEX’s Cantarell and Ku-Maloob-Zaap Oil Fields. The contract
The Norwegian Petroleum Directorate has granted Talisman Energy Norge AS a drilling permit for well 16/10-5, cf. Section 8 of the Resource Management Regulations. Well 16/10-5 will be drilled from the drilling facility Mærsk Giant at position 58°00’1.37’’ north 02°07’59.99’’ east for Talisman Energy
Providence Resources P.l.c. has confirmed that it has now received formal notification from ExxonMobil Exploration and Production Ireland (Offshore) Limited that a letter of intent has been signed with Ocean Rig UDW Inc. for the “Eirik Raude” semi-submersible drilling rig. Under the terms of this Le
Royal Boskalis Westminster N.V. (Boskalis) announces that its associated company Smit Lamnalco has been awarded a significant annual contract by Petrofac to support Single Point Mooring operations 20 km off the Al Fao Peninsula for the Iraq Crude Oil Export Expansion Project (ICOEEP). The annual con
MEO Australia Limited advises that its subsidiary company, Seruway Offshore Exploration Limited (SOEL) has been informed that the Hercules #208 jack-up drilling rig is expected to be handed over to SOEL on 18th September 2012. MEO anticipates that Gurame SE-1X will commence drilling activities on or
Fugro announced today that it has sold its financial investment (27,777,778 shares representing up to 14%) in Electromagnetic Geoservices ASA (EMGS) in Norway for a total value of approximately NOK 444.4 million (EUR 60 million). Fugro obtained the shares in April 2011 as result of the conversion of
Shell’s drilling operations at Burger prospect in Chukchi Sea, Alaska, which have been halted due to potentially „encroaching“ sea ice, could resume in several days, AP has reported, citing Shell’s spokesman. Shell on Sunday started drilling at the prospect, marking the first time a drill bit has to
GE today announced it has completed its acquisition of Naxys, a Norway-based supplier of leak detection and condition monitoring sensors for the subsea sector. The acquisition further expands GE’s portfolio of monitoring and sensing solutions and will be part of the company’s Measurement & Control b
International oil major Shell has started oil production from its deepwater Gumusut field, located offshore Sabah, Malaysia, Reuters reports, citing sources close to the matter. The sources told Reuters that the field is now producing at a rate of 10,000 barrels of oil per day (boepd) and that the o
Rocksource ASA announces that the Company has entered into a farm-in agreement for a 15 per cent stake in a Production License in the Norwegian Sea. The license partnership is expected to take a drill or drop decision later this fall. If a positive drill decision is reached, an exploration well coul
Niko Resources has announced that drilling operations on the Lebah‐1 well, located on the North Ganal PSC in the Makassar Strait of Indonesia, have been completed by PSC operator Eni. The well reached a vertical depth of 11,585’ while testing all the pre drill geologic objectives. The well has been
Aberdeen Harbour Board has commenced a major feasibility study into the potential expansion of facilities at the port. Continued growth in traffic and cargos, as well as an increase in the size of the vessels has prompted the study, as projections indicate that Aberdeen Harbour will remain the princ
Stork Technical Services Subsea today announces it will create 10 new positions and invest £2million in its vessel fleet after securing a raft of new contracts. The contract awards, which total more than £10 million, will see Stork Subsea deliver a range of IRM (integrated inspection, repair and mai