Italy’s Saipem has been awarded new E&C Offshore contracts in Russia and the North Sea worth over $1.1 billion. In Russia, Saipem signed a lump sum EPCI contract with LUKOIL-Nizhnevolzhskneft (a wholly-owned LUKOIL subsidiary), for two export pipelines connecting the riser block in the Vladimir Fila
London-based Subsea 7, the seabed-to-surface engineering, construction and services contractor to the offshore energy industry, has ordered the OCTOPUS suite of products for the recently delivered Pipelay/Heavy Lift vessel Seven Borealis. This latest addition to the Subsea 7 fleet is a state-of-the-
Kongsberg Evotec, a wholly owned subsidiary of Kongsberg Maritime, has been contracted to supply a complete Back Deck handling system for ‘Sanco Sword’, Sanco Shipping’s second 16 streamer vessel under construction at the Kleven Maritime Myklebust Shipyard. The vessel will be operated by Dolphin Geo
ShawCor Ltd. on Friday announced that its pipecoating division, Bredero Shaw, received a contract from Apache in Australia with a value in excess of US$45 million to provide pipeline coatings and related products and services for the Julimar Development Project. The Apache operated Julimar Developme
Bounty Oil & Gas NL has announced an update on the Nyuni Area PSA and the Kiliwani North development, following an announcement to LSX by the operator, Aminex PLC. Bounty holds a 5% participating interest in both projects. The expanded Nyuni Area PSA was issued to the joint venture in October 2011 a
Songa Offshore, a Cyprus based drilling contractor, has announced that Songa Eclipse semi-submersible drilling rig completed its extensive acceptance testing program and started its one well plus 18 month contract with Total E&P Angola on Saturday 19 May. The rig carried out top hole drilling at red
After closely monitoring the well at the Elgin complex for five days, French oil company Total has confirmed the success of the intervention conducted on May 15th on the leaking G4 well on the Elgin complex, 240 kilometers from Aberdeen in the UK North Sea. To regain control of the well, heavy mud w
The Netherlands based Fairstar Heavy Transport N.V. (FAIR) has signed a USD 247 million syndicated loan facility led by ING Bank. The facility provides the necessary liquidity to satisfy the outstanding payment obligations to Guangzhou Shipbuilding International (GSI) due under the construction cont
Chariot Oil & Gas Limited, the Africa focused independent oil and gas exploration company, has, together with its partner Enigma Oil & Gas (Pty) Limited, reached an agreement with Ocean Rig UDW Inc. to use the Ocean Rig Poseidon drillship for drilling of the Kabeljou (2714/6-1) well on the Nimrod pr
Husky Energy’s SeaRose Floating Production Storage Offloading (FPSO) vessel on Friday entered the Conception Bay on the northeast coast of the island of Newfoundland, Canada, The Telegram reports. SeaRose FPSO, the 272-metre long, 46-metre wide vessel, will be there until May 24, preparing for a jou
Spanish oil titan Repsol on Friday announced it would plug and abandon an exploration well offshore Cuba. Repsol’s well in Cuba’s exclusive economic zone (EEZ) was drilled by the Scarabeo 9, a 6th generation semi submersible drilling rig. The Saipem-owned rig failed to find hydrocarbons, and Repsol’
India’s Essar which ordered two jack-up rigs from the compatriot ABG Shipyard back in 2008, is expected to take delivery of the first rig in December this year. The second rig is scheduled for delivery by 2Q 2013. Under the original contract, ABG Shipyard was expected to deliver the jack-ups in 2010
In the 2012 Universum Top 100 Ideal Employer student survey, Aker Solutions, a Norway-based international oilfield services provider, is voted the second most attractive employer in Norway by final-year engineering students. Norway’s oil giant Statoil took the first place. Every year, Universum surv
Det Norske’s CFO Teitur Poulsen has decided to resign from his position. Vice President Investor Relations and Corporate Development Knut Evensen (picture) been constituted as the new CFO. “Teitur has done a very good job for Det norske and we regret that he has decided to leave the company to pursu
