French based, international oilfield services provider, Technip, has secured two subsea contracts under the Diving Frame Contract with Statoil, for the Åsgard and Gudrun & Valemon projects. The total value of the contracts is around €45 million. The Åsgard contract includes deep water testing of the
Brazil’s OSX has been hired by Sapura Navegação Marítima S/A for the construction of one PLSV (Pipe-Laying Support Vessel), for a total amount of approximately US$ 263 million, to be built and delivered by OSX at the Açu Shipbuilding Unit, in the north of the State of Rio de Janeiro. A PLSV is used
Kosmos Energy announced has exercised a right under the existing Joint Operating Agreement to acquire the participating interest of Sabre Oil & Gas Holdings Limited in the Deepwater Tano Block, offshore Ghana. The purchase price is estimated to be approximately $365 million, with up to an additional
Harris Pye Group has recently completed the survey and upgrade of Diamond Offshore Drilling Inc’s (DODI) dynamically positioned drillship, the Ocean Clipper. All work was completed well within schedule and P Thomas Geiger, P.E., Director, Projects Department of DODI has written to Harris Pye stating
Rowan Companies, Inc., a major provider of international and domestic offshore contract drilling services with a leading position in high-specification jack-up rigs, announces that in the 4th quarter 2011 the company generated net income from continuing operations of $33.1 million or to $35.1 millio
EMAS AMC, the subsea division of Ezra Holdings Limited (“Ezra”), today announces that it has been awarded a contract by Apache Energy Limited (“Apache”) to perform subsea transport and installation work for the Coniston Field Development located in Northwest Australia. The base scope for the contrac
A/S Norske Shell has awarded Aibel AS a contract for modifications to the Draugen platform. The contract value is estimated at around NOK 6 billion (USD 1.07 billion). The contract will run for six years and has options for an additional two plus two years. “This is fantastic. Norske Shell is a new
Nord Stream AG won the inaugural “Pipeline Project of the Year” award at the 2012 European Gas Conference. The award, which was presented by The Energy Exchange in conjunction with Natural Gas Europe, recognises Nord Stream’s achievement in starting to make its contribution to energy security in the
Aker Solutions has been awarded a contract by Statoil to deliver replacement and upgrading of the drilling equipment and systems on the Snorre A platform in the North Sea. Estimated contract value is NOK 1 billion (USD 179 million). The main object of the project is to extend the technical lifetime
Transocean’s Deepwater Millennium vessel recently left the South Africa’s Port of Ngqura near Port Elizabeth after undergoing a number of upgrades and modifications by DCD Marine. The Deepwater Millennium vessel is a Samsung/Reading & Bates designed, dynamically positioned drillship capable of drill
The Norwegian Petroleum Directorate’s 2011 prize for improved recovery will be awarded on the opening day of ONS in August. Director General Bente Nyland has taken the initiative to move the award ceremony to ONS. “The Norwegian Petroleum Directorate and the ONS management have discussed the possibi
Mosvold Supply Plc, in 2007 contracted Otto Offshore Ltd, a subsidiary of Singapore’s Otto Marine Ltd, to build a series of four AHTS (VS 491 CD) vessels. Mosvold Supply Plc shortly after transferred the contracts one each to four single purpose wholly owned subsidiaries. Mosvold Supply IV Limited (
Polarcus Limited, an UAE based seismic survey specialist, has received a Letter of Intent from an undisclosed client for a 3D seismic acquisition project offshore NW Europe. The program will commence imminently and is expected to run for approximately 75 days. Polarcus is a pure play marine geophysi
Apache Energy on February 25 marked the official opening of the Devil Creek Gas Plant by the Premier of Western Australia and Minister for State Development, the Hon. Colin Barnett MLA. The development, located in the northwest of Western Australia, represents an investment of approximately AUS$1.1
