Dron & Dickson, specialist in design, supply and maintenance of hazardous area electrical equipment, has reported growth in 2010/11 of more than 14.5% with turnover rising to £27.6 million from £24.1million. Pre-tax profits of just under £1million were recorded in the 12 months to the end of May, co
Severodvinsk-based Zvezdochka Shipyard has completed the construction of the jack-up drilling rig “Arkticheskaya” for LLC Gazflot, the shipb… Source: Port News [mappress] Source: Portnews, November 10, 2011
Energy experts will gather next week at the 17th SPE ICoTA European Well Intervention Conference to discuss the important role innovative technology has in the future of the North Sea. Stuart Brown, Shell’s Global Well Intervention Discipline Lead, is a keynote speaker at the event. Mr Brown has spe
Technological and operational issues which must be overcome for Norwegian petroleum operations above the Arctic Circle have now been assembled in a single document. The report on Technology and operational challenges for the high north has been commissioned by the Petroleum Safety Authority Norway
Jasper Investments Limited (“Jasper”) announced that it has awarded a US$73.6 million contract to a subsidiary of the China Merchants Industry Holding Co., Ltd (“CMIH”) to retrofit and convert its Neptune Finder (“Finder”) semi-submersible into an accommodation vessel / floatel. The contract between
Thursday 10th of November 2011 Deepsea Metro II naming ceremony was officially held in Ulsan at the Hyundai Heavy Industries yard. This is the fourth successful ultra deep water vessel delivery for Odfjell Drilling, with regards to project planning, delivery and excellent HSE performance. “This is
Tap Oil Limited (“Tap”) provides the following information on the Hannah-1 commitment well, offshore Carnarvon Basin, Western Australia. The Hannah-1 well is located in permit TP/8, approximately 18km east of Barrow Island. The well will be drilled in water depth of 16m by the jack-up rig Ensco 104.
W&O Supply, North America’s largest supplier of marine valves, pipe, fittings, engineered products, valve automation and data management systems, announced yesterday that it has established operations in Brazil, with the first office located in Rio de Janeiro. Establishing a Brazilian presence is an
Repsol posted net income of 1.901 billion euros in the first nine months of 2011, 6.4% higher than the 1.786 billion euros reported in the year-earlier period. The group’s operating income totalled 4.102 billion euros, 1% higher than that recorded in September 2010. The company’s encouraging results
After a vessel fire near its Southeast Sumatra offshore block two months ago, upstream oil and gas regulator BPMigas says that China-based C… By Rangga Fadhilah (Jakarta Post) [mappress] Source: Jakarta Post, November 10, 2011; Image: COSCO
Farstad Shipping has been awarded the following charter contracts: AHTS Far Scout (2001, UT 722L, 18.700 BHP) has been contracted by Petrobras in Brasil for a 2 year firm contract. In the North Sea Peterson has exercised another 1 year option for PSV Far Splendour (2003, P 106, 3.503 DWT). Total val
Brazilian state-controlled oil company Petrobras said on Wednesday that recent drilling in a major offshore well confirmed prior estimates… Source: Reuters [mappress] Source: Reuters, November 10, 2011
Political instability in Egypt may delay the first crude output from the offshore Northwest October block in the northern Gulf of Suez, a to… Source: Reuters [mappress] Source: Reuters , November 10, 2011
Leighton Offshore yesterday launched the newest edition to the fleet, the Leighton MPV-1 cable lay vessel, at the Al Jazeera Port in Ras Al Khaimah. The MPV -1 will be mobilised to undertake the cable lay scope of the $799m Phase 1 Iraq Crude Oil Export Expansion Project (ICOEEP) currently underway.