Petrobras announces it has commenced the deployment of the Environmental Monitoring Plan in the Carioca Nordeste area, in the Santos Basin, where a pipeline ruptured last Jan. 31 on a FPWSO Dynamic Producer performing an Extended Well Test. The FPWSO is located approximately 300 kilometers off the c
Aker Solutions, a global provider of turnkey engineering and construction solutions for new builds, maintenance and modifications for the upstream oil and gas industry, has signed a frame agreement with Tullow Ghana Limited to provide well intervention services for the oil company’s Jubilee and Tano
Höegh LNG has, pursuant to a successful private placement, today exercised an option for a new FSRU to be built at Hyundai Heavy Industries Ltd. in Korea. The FSRU will be delivered in the second quarter of 2014, and its specifications will be adapted to comply with relevant project requirements. Hö
French oil giant, Total, operator of the Hild license, launches the development of Hild field located in the Norwegian North Sea. This development will represent an investment of US$4.2 billion (NOK 25.6 billion) and is subject to the approval of the Norwegian Ministry of Petroleum and Energy and No
Searcher Seismic, an Australian-based company focused on either reprocessing existing regional datasets or acquiring new seismic data has begun with the Mariner 2D Non-Exclusive Seismic Survey. The survey comprises 3,100km of long offset 2D non-exclusive seismic data and 9,700km of reprocessing. Ove
Cameron, a leading provider of flow equipment products, systems and services to worldwide oil, gas and process industries, reported net income of $99.9 million, or $0.40 per diluted share, for the quarter ended December 31, 2011, compared with net income in the prior year’s fourth quarter of $164.6
Royal Dutch Shell’s fourth quarter 2011 earnings, on a current cost of supplies (CCS) basis, were $6.5 billion compared with $5.7 billion in the same quarter a year ago. Full year 2011 CCS earnings were $28.6 billion compared with $18.6 billion in 2010. Fourth quarter 2011 CCS earnings excluding ide
Diamond Offshore Drilling, Inc. today reported net income for the fourth quarter of 2011 of $188 million, or $1.36 per share on a diluted basis, compared with net income of $242 million, or $1.74 per share on a diluted basis, in the same period a year earlier. Revenues in the fourth quarter of 2011
The platform supply vessel M/V Blue Fighter of PX121 design delivered by ULSTEIN in January has won a contract with American company Apache for work in the North Sea. The ship was delivered from Ulstein Verft to Blue Ship Invest on 19 January, and entered the spot market in the British North Sea sec
UAE-based seismic specialist, Polarcus Limited has received a Letter of Intent from Shell Kanumas A/S for a nominal 8,500 sq. km 3D seismic acquisition project offshore Greenland. The project, to be acquired by two ICE-1A/1A* class vessels, POLARCUS AMANI and POLARCUS SAMUR, will commence in Q3 2012
Engineering and construction company Clough Limited today announced the award of an approximate A$350 million (USD 375 million) contract for the offshore hook-up and commissioning component of the Chevron-operated Wheatstone Project. The services will be provided over a 40 month period commencing im
Bergen Group Offshore has, through its subsidiary Bergen Group Rosenberg AS, been awarded a contract by Statoil for fabrication of subsea structures for the Åsgard Subsea Compression Project with an estimated value of 50 MNOK. The project involves delivery of 12 off PLEM structures (Pipeline End Man
Buccaneer Energy Limited has executed a Purchase and Sale Agreement for the acquisition of the two main productive leases in the former Cosmopolitan Unit (“Cosmo”) from Pioneer Natural Resources Alaska, Inc. Cosmo is an undeveloped oil and gas field located in 50 feet of water in the Cook Inlet of A
REMONTOWA SHIPBUILDING S.A has signed a contract for building of a Platform Supply Vessel for Edison Chouest Offshore from Louisiana, USA. New building vessel is continuation of the series of four units of the same type which has been started last year. She will be built according to the project ela
