The SINOPACIFIC Shipbuilding Group (“SINOPACIFIC”) has signed a newbuilding contract of 4 SPP35 platform supply vessels (PSV) and a Letter of Intention of 2 large SPP50 PSVs with SLOK Nigeria Ltd. The six vessels are scheduled to be delivered by the end of 2014. This marks the first time that indepe
Keppel Shipyard Ltd (Keppel Shipyard) has secured three conversion contracts with an initial combined value of US$103 million. The contracts are from PTSC Asia Pacific Pte Ltd (PTSC Asia Pacific), Perenco Group (Perenco) and BC Petroleum Sdn Bhd (BC Petroleum). The contract from PTSC Asia Pacific, w
Statoil has awarded CHC Helikopter Service AS three new helicopter contracts, including offshore flights from Kristiansund and Brønnøysund, as well as the search and rescue helicopter stationed on the Heidrun platform. Statoil needs to have four transport service helicopters in Kristiansund, two in
EnQuest PLC announces the appointment of Phil Nolan as a Non-Executive Director with effect from 1 August 2012. Phil has held a number of senior positions in the oil & gas sector including serving as executive director of BG Group plc and chief executive officer of Transco, in addition to his previo
AGR has been appointed to advise the Vice President of Reservoir Development at Woodside Energy. The role will see AGR work with Woodside to source industry best practice to maximise asset value and review Woodside petro-technical resourcing strategies to identify where AGR may be able to enhance ex
Leading international oilfield services company Expro has been awarded a contract to provide equipment and services in support of Xcite Energy’s 90 day extended well test in the Bentley Field. Located in Block 9/3b. 160km’s east of the Shetlands, the Bentley Field is said to contain 116 million barr
Following the serious well incident on Gullfaks C in May 2010, the Petroleum Safety Authority Norway (PSA) outlined an extensive order for Statoil. After close follow-up of work and measures, the PSA believes Statoil has implemented appropriate improvement measures following the incident, and now co
Aker Solutions has signed a contract with Hyundai Heavy Industries to supply a complete drilling equipment topside package to a new semi-submersible drilling rig the South Korean yard is building for Seadrill, the rig operator. The contract includes an option to supply one more drilling equipment pa
Eni CEO Paolo Scaroni and Rosneft Vice President Igor Pavlov signed an Exploration Loan Facility Agreement, in the presence of the Prime Minister of the Russian Federation, Dmitri Medvedev, and Italian Prime Minister Mario Monti. The agreement concerns Eni’s financing costs, as determined by previou
Aker Solutions has secured a three year contract extension worth £18million (GBP) to provide onshore and offshore operations and maintenance services to Perenco UK. Aker Solutions secures contract with Perenco UKThe agreement includes provision of operations, maintenance and technical support person
CGGVeritas announced the signature of a framework agreement with JSC SEVMORNEFTEGEOFIZIKA (SMNG) to form a strategic alliance. Together, CGGVeritas and SMNG intend to jointly address the growing Russian and CIS high-end seismic vessels market and coordinate their complementary capacities worldwide.
GE announced that it will reorganize its Energy business into three standalone businesses effective in the fourth quarter of 2012. The Energy headquarters organizational layer will be phased out by the end of 2012. This change will speed decision making, reduce layers and decrease cost. GE Energy In
Schlumberger Limited reported second-quarter 2012 revenue of $10.45 billion versus $9.92 billion in the first quarter of 2012, and $8.99 billion in the second quarter of 2011. Income from continuing operations attributable to Schlumberger, excluding charges and credits, was $1.4 billion—an increase
Deep Down, Inc., an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services announced they have received multiple contracts from an international operator and a major international controls manufacturer for the manufacture o
