This weekend marked an historic moment for the TAP project. On Saturday, 1st of October 2011, TAP submitted the proposal to transport 10 billion cubic metres of gas a year from the giant Shah Deniz II field in Azerbaijan to the energy markets of Europe. By opening up the Southern Gas Corridor, TAP w
Foster Wheeler AG announced that, in accordance with the company’s previously disclosed succession plan, J. Kent Masters, 50, has assumed the role of Chief Executive Officer of Foster Wheeler AG. As previously announced, Masters succeeds Umberto della Sala, 63, who had been serving as Interim Chief
As a part of the ongoing restructuring process in Sea Bird ASA, PGS has decided to withdraw its two members of the Board of Directors in the company, in order to avoid any speculation related to conflict of interest in the upcoming decisions that will be put forward to the Board in SeaBird as a [&he
Keppel FELS Limited (Keppel FELS) has secured a contract for its high-specification KFELS B Class rig from Safin Gulf FZCO (Safin) worth US$199 million. Scheduled to be delivered to Safin in 3Q 2012, the rig will be a refurbishment and upgrade of a KFELS B Class jack-up rig that Keppel FELS purchase
Fairmount, a world class marine contractor for ocean towage and heavy lift transportation by (submersible) barge, parallel to activities in the field of sales & purchase, brokerage and other related services, confirmed that it will participate at Offshore Energy 2011 Exhibition and Conference. The e
Deep Sea Supply today took delivery of “Sea Vixen”, Seatech P-729 design, a newbuilding AHTS from ABG Shipyard, India. “Sea Vixen” is the 8th delivery, in a series of 9 newbuilding AHTS vessels, from ABG. The Deep Sea Supply fleet now consists of 14 AHTS and 8 PSVs, in total 22 vessels. In addition
OAO Gazprom, Russia’s biggest company by market value, may get a 10-year tax exemption for crude oil exported from its offshore … By Alena Chechel and Stephen Bierman (Bloomberg) [mappress] Source:Bloomberg, October 3, 2011;
Cetix AS in Stavanger, Norway has been awarded a contract by IKM Subsea AS for delivery of two active heave compensated work class ROV-winches. Cetix AS has already an established track record as a supplier for IMR and ROV vessels. The scope includes engineering, design, manufacturing and testing of
Octanex N.L. today provided an update on the progress made by the Joint Venture towards reaching a decision on whether to drill the Matuku prospect in PEP 51906. PEP 51906 is situated in the offshore Taranaki Basin of New Zealand. Octanex holds a 35% participating interest in the permit. The Joint V
AMEC, the international engineering and project management company, has been awarded a Front End Engineering Design (FEED) contract for GDF SUEZ E&P UK Ltd’s Cygnus gas field development, one of the most significant undeveloped gas fields in the North Sea. The contract includes work on the ‘option t
Kvaerner has appointed Tony Allen as Executive Vice President for its International business area. As one of the world’s leading contractors for new offshore platforms and onshore facilities, Kvaerner has stated clear growth ambitions in selected regions around the world. Tony Allen will have an imp
Yard nr. 286 from Ulstein Verft, Oceanic Sirius, was named in an official ceremony in Ulsteinvik, Norway, on 1 October. Lady sponsor of the vessel is Mrs. Danielle Malcor, wife of Jean-Georges Malcor, CEO of CGGVeritas. Oceanic Sirius, an advanced seismic research vessel of the SX120 type from Uls
Statoil has received consent to use the Island Constructor mobile facility in the northern part of the North Sea and in the Norwegian Sea. The consent relates to implementation of light well intervention on Oseberg, Gullfaks, Vigdis, Tordis and Kristin. The planned start-up of the intervention work
Keppel FELS Limited (Keppel FELS) is on track to deliver Vietnam’s first semisubmersible drilling tender (SSDT) to PetroVietnam Drilling & Well Services Corp (PV Drilling) ahead of schedule, within budget and with a perfect safety record. Built to Keppel’s award-winning KFELS SSDT 3600E design, the
