Fairstar Heavy Transport N.V. (FAIR) announces that Fairstar’s Supervisory Board and Management Board have unanimously decided to appoint Ingmar den Blanken (32) as Chief Financial Officer of Fairstar as from 26 June 2012. Mr. den Blanken succeeds Mark de Haas in the role of CFO. The Supervisory Boa
Statoil Petroleum AS has received consent from the Petroleum Safety Authority Norway to remove the SPM-C loading buoy on the Statfjord field. The loading buoy on Statfjord C is located in the North Sea in block 33/9. Water depth at the site is 145.7 metres. The activity is scheduled to start in July
On 27th June 2012, at PTSC fabrication yard in Vung Tau City, Vietnam, PetroVietnam Technical Services Corporation (PTSC) hosted a load-out and sail-away ceremony for the PQP-HT Jacket, Bien Dong 1 (BD1) project, built for Bien Dong POC. The scope of work of the whole project includes the engineerin
InterMoor, an Acteon company, has completed the installation of the Electrical Submersible Pump (ESP) Conductors for the artificial lift manifold as part of the Shell BC-10 Phase 2 project, offshore Brazil in the Campos Basin. InterMoor was responsible for the fabrication and installation of four co
Solstad Offshore has today taken over the ownership of the AHTS «Nor Spring» and «Nor Captain». The vessels have been on bareboat contract to SOFF from Java Marine Lines for nearly 5 years and SOFF has now used its options to purchase the vessels. The cost price is 100% financed by a loan of USD [&h
French supermajor Total has signed a production sharing contract (PSC) with the Kenyan government for Block L22. Total, which has been present in exploration and production in Kenya since 2011, will operate the block with a 100% interest. Covering an area of more than 10,000 square kilometers, the e
Cyprus-based SD Standard Drilling Plc (“Standard Drilling”) has today entered into a final SPA for the sale of one rig (B324) under construction and further issued the buyer an option to purchase a second rig (B337) under construction. If the option is exercised the gross combined price will be USD
Bridge Energy ASA, the Oslo Axess-listed oil and gas exploration and production company, has executed an agreement with Agora Oil & Gas AS which is 100% owned by Cairn Energy PLC (“Cairn”), for the farm-down of a 15% working interest in production licences PL497 and PL497B on the Norwegian Continent
Maersk Oil will drill an exploration well on the Maja licence in the Danish North Sea after the Danish Energy Agency (DEA) granted it a two-year extension to two licences in the region. The well will target a High Pressure High Temperature (HPHT) prospect in the licence and will be drilled within th
Aker Solutions has been awarded a frame agreement by ExxonMobil Exploration and Production Norway AS. Contract value is undisclosed. The frame agreement covers engineering, procurement, construction and installation for ExxonMobil’s operated assets on the Norwegian continental shelf (NCS). The fixed
BP Exploration has selected Emerson Process Management, a global business of Emerson (NYSE: EMR), as automation contractor of choice for offshore oil and gas operations in BP’s North Sea Region. Emerson will be BP’s preferred supplier of integrated control and safety systems for five offshore fields
The two new drillships will be delivered by Samsung Heavy Industries of South Korea in June and September, respectively, and are expected to commence operations in Brazil in October and December, respectively.
Given rising customer demand, Ensco plc (NYSE: ESV) has exercised one of two options for an additional advanced-capability DP3 ultra-deepwater drillship based on the Samsung GF12000 hull design. The vessel, ENSCO DS-9, will be the seventh Samsung DP3 drillship in the Ensco fleet, extending the benef
4 July 2012 marks Maersk Oil’s 40 years anniversary as an oil producing company by the launch of a book charting the history of the company through anecdotes of current and former employees. Maersk Oil invites shareholders to celebrate the day at Esplanaden. In the book Maersk Oil – under the surfac
