Aker Solutions has signed a contract with Woodside Energy Limited for the manufacture and supply of electro-hydraulic steel tube umbilicals (EHU) for the Greater Western Flank (GWF) Phase 1 project on the north-west coast of Australia. Contract value is undisclosed. The scope of work includes projec
Statoil has entered its first acreage in Ghana, farming into a deepwater licence operated by Hess. The Deepwater Tano/Cape Three Points (DWT/CTP) licence was awarded to Hess Corporation (Hess) in 2006 and lies just south of the licence containing the Jubilee field offshore Ghana. Two wells have alre
Shell Bidco, a subsidiary of international supermajor, Shell, has increased its Cove Energy takeover bid. The company has placed a bid of around USD 1.8 billion which is a significant increase when compared to the initial USD 1.56 bln that Shell offered in February. Shell’s February bid was cancelle
Subsea 7, a global leader in seabed-to-surface engineering, construction and services to the offshore energy industry, will be exhibiting the wealth of its expertise and some of its new groundbreaking technology at this year’s Offshore Technology Conference (OTC) in Houston, USA, from 30 April to 3
Bergen Group Offshore has, through its subsidiary Bergen Group Rosenberg AS, been awarded the contract for the Hook-up of ConocoPhillips’ new Ekofisk 2/4L platform. The contract value for the project is about NOK 175 million, and will generate activity during 2012 and 2013. In 2009 Bergen Group Rose
Oceanteam Shipping ASA has announced that it’s new Lay Vessel, CSV North Ocean 105 which is jointly owned with J Ray McDermott (Norway) AS, has been delivered on time and has immediately commenced a five year time charter. The company’s fleet of CSVs now consists of four partially owned North Ocean
Baker Hughes Incorporated announced today net income for the first quarter 2012 of $379 million, or $0.86 per diluted share. This compares to $0.87 per diluted share for the first quarter 2011, and to adjusted net income (a non-GAAP measure) of $1.22 per diluted share and net income of $0.72 per dil
The Norwegian Petroleum Directorate has granted Centrica Resources (Norge) AS a drilling permit for wellbore 6506/11-9 S, cf. Section 8 of the Resource Management Regulations. Wellbore 6506/11-9 S will be drilled from the West Alpha drilling facility at position 65°10’18.54” north and 6°37’21.26” ea
Subsea 7 has exercised an option to extend the contract on the construction vessel Skandi Seven with 1 year from 31st of March 2013. DOF Subsea, subsidiary of DOF ASA, has previously announced that Subsea 7 has fixed the vessel Skandi Skansen for a period of 100-200 days per year over the next 4 yea
Balmoral Offshore Engineering, a division of Balmoral Comtec Ltd, has been presented with the UK Queen’s Award for Enterprise. It is the second time the company has won the International Trade award, the first success coming in 2010. Established only in 2006, Balmoral Offshore Engineering provides t
Karoon Gas Australia Ltd advises that at 08:00 hours (WST) today, the well was ready to make up the 12-1/4” bottom-hole drilling assembly prior to running in the hole to drill ahead. Since the last report a 36” hole was drilled, the conductor was run and cemented at 572 m, a 17-1/2” hole was drilled
Prosafe has signed a contract with BP Exploration Operating Company Limited (‘BP’) for the use of Safe Caledonia conducting accommodation support at the Andrew Area Development Project in the UK sector of the North Sea. On site operations are planned to commence end-2012, with a firm period through
CNOOC Limited today announce its results for the first quarter of 2012. In this quarter, the Company achieved a total net production of 79.8 million barrels of oil equivalent (BOE), representing 6.3% decrease year over year (YoY) mainly due to the suspension of production of Penglai 19-3 oilfield at
NewSat’s top executives will participate in the 2012 Offshore Technology Conference (OTC) in Houston, Texas. The annual event aims to promote the development of offshore resources by fostering exchange of knowledge in the fields of oil exploration, drilling , environmental protection and production.
