Mr. Anon Sirisaengtaksin , President and CEO of PTT Exploration and Production Public Company Limited or PTTEP, revealed today that PTTEP and its subsidiaries had a better operating results for 2011 than the previous year. In 2012, the company is ready for the first gas from Bongkot South Field in t
Mermaid Maritime’s subsidiary, MTR‐1 (Singapore) Pte. Ltd., has secured a letter of award with an international upstream oil and gas company for accommodation barge support services in Indonesia utilizing the ‘MTR‐1’. The duration of this Contract is for 150 days and has a potential value of USD 4.9
Wärtsilä, a global leader in complete lifecycle power solutions for the marine and energy markets, today announced that the Scheme of Arrangement with regards to the acquisition of Hamworthy has become effective and the control of Hamworthy has been transferred to Wärtsilä as of today, 31 January 20
VERIPOS has been awarded an extension of its contract with Siem Meling Offshore DA, the Stavanger-based specialist shipping concern jointly owned by Siem Offshore and OH Meling. The three year contract extension is for the continued provision of precision GNSS positioning facilities to support Siem
The Norwegian Petroleum Directorate (NPD) and the University of Bergen presented important new research results in the Dreki Area at the 30th Nordic Geological Winter Meeting in Reykjavík. Data was acquired from both the Icelandic and Norwegian sides of the ridge, located offshore the north-eastern
Providence Resources Plc. has awarded TWMA with the contract for the handling and treatment of drill cuttings from the GSF Arctic III rig in the Celtic sea. It is the second contract for TWMA in the region and will involve a skip-and-ship operation to transport the cuttings from the Barryroe well of
Veripos, a supplier of high-precision GNSS positioning support to the offshore oil and gas industry, has secured an extension to its contract with BP under which it will continue to provide precision positioning for the energy company’s turret monitoring system aboard its FPSO in the West Shetland B
Norway’s oil giant, Statoil, has awarded additional IRM contracts to two DeepOcean vessels. Statoil has signed a one-year option for the vessel Edda Fauna under its existing inspection, repair and maintenance (IRM) frame contract. Furthermore, Statoil has decided to upgrade the scale squeeze system
The WilHunter rig incurred technical downtime on Wednesday the 18th of January whilst drilling for MPX Energy Ltd, said the owner of the rig, Awilco Drilling. The rig was drilling on the Orlando well, Block 3/3b in the UKCS as part of the SPD multi-well multi-client programme. The technical downtime
Gulf Offshore Norge, a subsidiary of Gulfmark Offshore, Inc. has exercised an option to build another PSV of Skipsteknisk design, at SIMEK in Flekkefjord Norway. The vessel designated ST-216 Arctic, is based on the successful ST-216L CD design, but will have new modified bow shape and a new improved
PSA Norway has given approval to Statoil to conduct retrofits on Troll A and Kollsnes for installation of the Troll A 3 and 4 precompression project (TPC 34). The purpose of TPC 34 on Troll A is to maintain the maximum daily production of 120 Sm3 gas, an annual maximum production of 30 billion Sm3,
GE Oil & Gas has been selected to provide key equipment for a floating oil production, storage and offloading (FPSO) platform being built to develop the Guará Norte section of the Tupi(Lula) oilfield in Brazil’s Santos oil basin. The multimillion-barrel deep-water Santos formation lies some 300 kilo
Statoil, together with its Luva field partners, has selected a Spar platform to develop the field. As a gas transport solution has also been decided, a major step has now been taken towards deep-water production in the Norwegian Sea. The Luva field, which is a deep-water pioneer in the Norwegian Sea
GE Oil & Gas has received contracts totaling more than $1 billion to supply a wide range of equipment and services for the Ichthys liquefied natural gas (LNG) project in Western Australia. A joint venture between INPEX (operator) and Total, the Ichthys LNG project includes one of the world’s largest
