Expro, the international oilfield service company, has agreed to sell its Connectors & Measurements (C&M) business, including the Tronic and Matre brands, to Siemens AG at a valuation of US$630 million. Expro’s C&M business is a market leader in the design, manufacture, assembly and installation of
SeaBird Exploration PLC, a Cyprus-based international provider of marine acquisition for 2D/3D and 4D seismic data, has been awarded a USD 3 million contract. The survey will be carried out for a major oil company in South America by the Harrier Explorer which is now en route to Brazil. Upon arrival
The contract encompasses diving and ROV services for 27 production platforms and 5 subsea wells within the Dutch Continental shelf, a program entailing approx. 250 days per year.
STX OSV Holdings Limited , one of the major global designers and shipbuilders of offshore and specialized vessels, has secured a new contract for the design and construction of one Offshore Subsea Construction Vessel (“OSCV”) for DOF. The value of the contract amounts to approximately NOK 650 millio
Dockwise Ltd., a Dutch heavy-lift and transportation company, today announces six new awards totaling USD 57 million, for execution in H1 2012 and 2015. The wins include a reservation contract, securing the transportation of a spar buoy for the Statoil operated Aasta Hansteen offshore production fie
Reuters’ Oslo office reports that oil production has restarted at Statoil’s Statfjord C production platform, following a shut down caused by a toxic gas leak discovered on Thursday. Statoil’s spokesperson told Reuters that: “Production has been ramping up over the weekend and full production is now
McDermott International, Inc. announced today that one of its subsidiaries was awarded an engineering, procurement, construction and installation (“EPCI”) project for Al-Khafji Joint Operations (“KJO”), in the Hout field in water depths up to 31 meters. The EPCI project comprises more than 600 tonne
Helix Well Ops UK (Well Ops), a business unit of international energy services company Helix Energy Solutions Group (Helix ESG), has successfully completed a three-month campaign for West Africa’s first well intervention work and subsea well operations conducted from a mono-hull intervention vessel.
Otto Marine Limited, a leading offshore marine company which specializes in building complex offshore support vessels, ship chartering and offers specialized offshore services, is pleased to announce that it has secured a time charter contract from a prominent Mexican offshore platform construction
STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, has secured a new contract for the construction of one advanced subsea support vessel for Island Offshore. The value of the contract amounts to more than NOK 500 million(USD
Apply Sørco has established a Framework Agreement with Teekay related to “Pre-operations and Operations Support Services”. This is a wide and open frame agreement which might include most of the services and products portfolio that Apply Sørco can provide to our customers. The agreement is entered w
Rope construction and performance that has set the standard for deepwater moorings, such as the Lucius Spar, is now being applied by Lankhorst Ropes Offshore Division to the supply of synthetic fibre rope tethers for umbilicals and risers. The high modulus polyethylene (HMPE) rope uses a Gama 98® co
The Gazprom headquarters hosted Friday a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Helge Lund, President and Chief Executive Officer of Norway’s oil company, Statoil. The attendees tackled cooperation issues on launching the Shtokman field Phase 1 pre-
The well is being drilled by the Sedco 704 semi-submersible rig and is anticipated to take 35-40 days to complete.