Ulstein Group, a group of companies mainly known for its ship building and ship design activities reported today that the first platform supply vessel (PSV) newbuilding of the PX121 design from ULSTEIN®, M/V Blue Fighter, was named in a formal ceremony at Ulstein Verft, Norway on 12 January. The ves
Ezra Holdings Limited, an offshore contractor and provider of integrated offshore solutions to the oil and gas industry, today announces two further contract wins worth a total of up to US$120 million for the Group. The offshore support services division, EMAS Marine, has been awarded a new charter
First crude oil production began from the Van Ghent well located in block P11b within the Medway development area, in Dutch North Sea, reported Dana Petroleum (operator), The well, located on the Dutch continental shelf approximately 60kms north west of The Hague, will produce oil via the Dana opera
Hess Corporation, with headquarters in New York announced today a 2012 capital and exploratory budget of $6.8 billion, nearly all of which is targeted for Exploration and Production: $2.5 billion for unconventionals, $1.6 billion for production, $1.8 billion for developments and $800 million for exp
Enbridge is investigating the report of a small natural gas leak in the West Cameron Block 275, approximately 66 miles off the coast of Louisiana in the U.S. Gulf of Mexico. A helicopter flyover was completed yesterday, and a three-foot diameter patch of bubbles has been spotted on the surface of th
INPEX Ichthys Pty Ltd and other project group companies have today reached an agreement with Tokyo Gas to transfer its 1.575% of the Ichthys LNG project equity interest. The Ichthys LNG project equity interest includes the following elements: Participating interest of WA-37-R (Ichthys gas-condensate
Aker Solutions has been awarded a frame agreement for engineering, procurement, installation and commissioning (EPCI) for Talisman Energy’s maintenance and modifications projects on the Norwegian continental shelf. Scope of work includes studies, engineering, procurement, fabrication, offshore insta
Prosafe, a Cyprus-based owner and operator of semi-submersible accommodation/service rigs has announced that its rig utilisation in the fourth quarter of 2011 was 79.8 per cent. Safe Caledonia, Safe Lancia, Jasminia, Safe Hibernia, Safe Britannia, Safe Regency, Safe Bristolia have been fully utilise
Sterling Resources Ltd that it has been successful in the final portion of the UK 26th Offshore Licensing Round awards, which were recently announced by the UK Department of Energy and Climate change (DECC). The initial portion of the UK 26th Licensing Round was previously awarded and announced in N
Ithaca Energy today announced that the Athena field development activities continue to progress. The BW Athena FPSO, is undergoing final phases of conversion work in Dubai Dry Dock World. Commissioning is underway and will be completed before sailaway from Dubai to ensure that the hook-up and offsho
BMT Reliability Consultants Ltd, a subsidiary of BMT Group Ltd, the leading international maritime design, engineering and risk management consultancy, has announced its latest project with Stingray Geophysical Ltd, a TGS company. This partnership saw BMT provide critical analysis and reliability as
UK-based Rolls-Royce, the global power systems company, has signed a contract to deliver highly efficient engines and propulsion systems for the world’s first Liquid Natural Gas (LNG) powered tugs. The two vessels have been ordered by Norwegian company Buksér og Berging AS and will enter service in
MacGregor bulk handling systems are to be installed on four offshore support vessels (OSV) of various types under construction in Asia and Europe. In the last quarter of 2011 Cargotec secured contracts for MacGregor bulk handling systems for installation onboard four offshore support vessels (OSV) n
Providence Resources P.l.c., has been offered an exploration licence over UK seaward block 103/1 in the St George’s Channel Basin, offshore Wales. The offer was made by the UK Government‟s Department of Energy & Climate Change (DECC) following an out of round application by PR Singleton Limited (Ope
