Hydrasun, a leading specialist provider of integrated fluid transfer, power and control solutions to the global energy market, has received three framework agreements worth a total of £3.5million per year to the company. The recent agreements, for work in the North Sea and internationally, are with
DONG Energy’s Board of Directors has decided to appoint Henrik Poulsen as the new Chief Executive Officer (CEO) of DONG Energy. Henrik Poulsen joins from TDC A/S, where he is currently CEO. He will take up his new role no later than 1 November 2012. Fritz Schur, Chairman of the Board of Directors, c
Spectrum commenced the next phase of their Brazilian Equatorial Margins program this week taking the first shot on the 15,000 kilometer Foz do Amazonas survey. After completion of this survey in the third quarter 2012, Spectrum will have collected over 27,000 kms of new long offset data over this hi
Eric Cayeux has been awarded the Statoil research prize 2012 for his work in automated drilling, which include scientific breakthroughs that will be of great importance to the industry. The prize of NOK 200,000 and a lithography by Håkon Bleken was awarded by Karl Johnny Hersvik, Senior Vice Preside
Hyperdynamics Corporation announced today that it has engaged BofA Merrill Lynch as financial advisor to assist the Company in connection with a potential sale of a portion of its 77% interest in the 25,000-square-kilometer oil and gas exploration concession offshore Guinea in West Africa. Hyperdyna
As announced in June 2011, Denmark’s leading energy company, DONG Energy is implementing a permanent repair solution necessary to restore the integrity of the Danish North Sea platform Siri. Following the progress of the project, the repair cost estimate has been increased from the initial expected
Deep Down, Inc., an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services recently announced that it has been awarded multiple contracts worth nearly 8 million dollars from a major international oil and gas operator. Deep
The Nord Stream Project took another major step forward today with the completion of offshore pipelay of the second of its twin 1,224-kilometre gas pipelines through the Baltic Sea ahead of schedule. Following extensive pre-commissioning and commissioning, Line 2 is scheduled to begin transporting g
On Monday, April 16, Petrobras’ CEO, Maria das Graças Silva Foster, met with the U.S. Secretary of State, Hillary Clinton, in Brasilia. The meeting, which was an initiative of the U.S. government, took place 45 days after the U.S. Deputy Secretary of State, William Burns, visited the Company’s headq
Malaysia-based Bumi Armada Berhad has received an engineering procurement, installation and commissioning (EPIC) contract valued at approximately USD 200 million from the Russian oil major, OAO Lukoil. The EPIC contract is for the Filanovsky field development in the Russian sector of the Caspian Sea
Orca Exploration Group Inc. announces that Beer van Straten has been named Chief Operating Officer effective immediately. He will assume responsibility for the Company’s field operations including a large scale development and exploration drilling program in Tanzania. He replaces Dale Rollins who re
Lamprell, a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewables industry, announces that it has secured orders from multiple clients during Q1 2012 to undertake a number of jackup rig upgrade and refurbishment projects, with a com
IHC Merwede develops and builds innovative vessels, advanced equipment and life-cycle support services for the dredging, mining and offshore industries. The company’s international outlook and expanding portfolio have helped it to record increased revenue and profit figures for 2011, and maintain it
Tap Oil Limited has provided the final update on the Tallaganda-1 exploration well in permit WA-351-P offshore Carnarvon Basin, Western Australia. The Tallaganda-1 well is located within permit WA-351-P, of the Carnarvon Basin, Western Australia. The well was drilled in 1,141 metres of water to a fi
