The U.S. oil company Chevron may be prohibited from participating in the exploration of oil in the pre-salt layer because of the leak in the Frade Field, Campos Basin, offshore Rio de Janeiro, according to the Brazil’s National Petroleum Agency (ANP). ANP said that Chevron didn’t have equipment in B
The Herøy-based company has signed a contract with Supply Service for delivery of a vessel of Havyard 832 L design to the Faroe Islands and shipowner Tummas Justinussen. This will be the fourth ship of a Havyard design heading to the Faroe Islands and it is the third Supply Service vessel being buil
Wärtsilä Corporation announced that it has reached agreement with the Board of Hamworthy plc , a UK listed engineering company focussed on the marine and oil and gas sectors, in regards to a recommended cash offer for the acquisition of Hamworthy. Under the terms of the acquisition Hamworthy shareho
Bumi Armada Berhad, the largest owner and operator of offshore support vessels in Malaysia, announced today an increase in YTD revenue of 34.8 % to RM 1.17 billion from RM 870.2 million a year ago, driven by higher activity across all its business segments. Its operating EBITDA also increased by 19.
Statoil announced today that it has been awarded the operatorship and a significant working interest in a large offshore exploration licence in eastern Indonesia. The Halmahera II block is situated in a frontier basin with no wells drilled nearby. Statoil now owns 80% working interest in the licence
Aberdeen-based pipeline integrity and intervention specialist, STATS Group, has bolstered its management team with the appointment of former Sparrows Offshore executive Graham Thomson as general manager. STATS said the creation of the new post was part of its 2012 growth strategy and will allow the
Plexus Holdings PLC, an oil and gas engineering services business and owner of the proprietary POS-GRIP® method of wellhead engineering, announces world leading oil and gas companies Maersk Oil , Shell, Wintershall, and the UK entity of the world’s largest offshore drilling company, and oil and gas
Deep Sea Supply, a ship owner and operator of a substantial number of Anchor Handling Tug Supply vessels (AHTS vessels) and Platform Supply Vessel (PSV), today said that its PSV, Sea Trout, has been awarded a 300 days extension of the time charter contract with EnQuest for operations in the North Se
Dolphin Geophysical has signed one out of potential three 3D contracts in Africa, as previously disclosed as upcoming work for Polar Duke. If all contracts materialize in line with management expectation, the vessel will be occupied in Africa from December until April 2012. Following a successful an
Indonesian government has awarded BP two offshore oil and gas production sharing contracts (PSCs). The company has been awarded 100% interests in the offshore West Aru I and II PSCs in the Arafura Sea, Indonesia. The West Aru I and II PSCs are located some five hundred kilometres southwest from the
Hamworthy has turned spotlight on its position as the world’s leading supplier of inert gas systems by securing contracts to install its technology on 21 LNG carriers under construction in South Korea. The contracts have been secured with Norwegian owners Golar, AWILCO and Höegh LNG, and Greek owner
Dolphin Drilling Ltd., said on Friday it has entered into contracts with Anadarko Petroleum for the provision of the drillship Belford Dolphin and its newbuild drillship under construction by Hyundai Heavy Industries (HHI). The contracts are each for four years and are expected to be in support of A
Sartor Offshore, a leading supplier of MRV and PSV services to the oil and gas industry announced today on its website that AGR Peak has awarded Ocean Prince vessel a term contract as a field support, oil recovery vessel at the Falkland Islands. The vessel will work together with Leiv Eriksson rig a
Today, TNK Vietnam (a 100% subsidiary of TNK-BP Group) during a press conference in Hanoi, outlined a development strategy for its Vietnam operations and underscored its commitment to make a positive impact in Vietnam. The development strategy for the Vietnam assets will involve safe and efficient o
