– The Supervisory Board of Linde AG has appointed Thomas Blades (55) as a new member of the Executive Board. Blades succeeds J. Kent Masters (51), who steps down today from the Linde AG Executive Board. Blades will assume his position by 1 April 2012 at the latest. Blades’ most recent role was as CE
Deep Down, Inc. , an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today announced it has been awarded two LSFL (Loose Steel tube Flying Lead) orders worth in excess of $3 million. One order was placed by a major
The Underwater Centre has picked up a top award at the inaugural Energy North Awards Ceremony held in Inverness, Thursday, September 29). The Centre triumphed in the Best Oil and Gas Industry Service Supplier category. The Best Oil and Gas Industry Service Supplier recognises those companies that ar
Under the charter contract with Centrica Energy Upstream, the charter is automatically extended by six months unless notice is given six months prior to the expiration of the contracted period. The expiration of the currently contracted period was March 28, 2012, and the charter for FPSO Sevan Hummi
Officials from the Department for Energy and Climate Change put the unexpectedly large fall down to “maintenance and other production … By Rowena Mason (Telegraph) [mappress] Source:Telegraph , September 30, 2011;
Aker Solutions has secured a contract for maintenance, modifications and operations work with an undisclosed customer in the UK sector of the North Sea. The two-year contract will guarantee over 180 jobs annually for Aker Solutions in Aberdeen, UK. There are also two optional one-year contract exten
South Korean shipbuilders’ focus on the most complicated and expensive vessels has allowed them to double their share of global orders this… By Kyunghee Park (Businessweek) [mappress] Source: Businessweek, September 30, 2011;
Saipem has been awarded new E&C Offshore contracts worth €500 million. In Russia, Saipem has been awarded a contract for the subsea development of Kirinskoye Gas Condensate Field with Mezhregiontruboprovostroy (MRTS) for Gazprom Dobycha Shelf, as part of the Sakhalin 3 project development. The field
SBM Offshore announces it has signed a Shareholders’ Agreement with Naval Ventures Corp. (a member of Synergy Group) under which the two companies will cooperate and work together through one or more special-purpose entities in order to: (a) jointly develop and operate a yard and a FPSO integration
Kongsberg Maritime AS, a wholly-owned subsidiary of Kongsberg Gruppen ASA, completed the acquisition of Evotec AS today. Evotec AS addresses the maritime industry, developing and delivering technological management systems for the seismic, subsea and supply markets, among others. In these selected n
Sarawak-based Petra Energy Bhd is looking at buying more work barges, work boats and supply vessels to support its increasing role in the… Source: Bernama [mappress] Source: Bernama , September 30, 2011;
Offshore Marine Services Australia announced today success in the bid for the provision of two (2) tow tugs for SapuraAcergy in support of PTTEP’s Montara Development Project. The OMS Quest and the OMS Discovery will initially be engaged towing materials barges from Singapore and then providing in f
TGS announces receipt of a seismic permit from the Bureau of Ocean Energy Management, Regulations and Enforcement (BOEMRE) to acquire 3D Wide Azimuth (WAZ) data in the Gulf of Mexico. This project is expected to be part of the 2012 investment plan. TGS-NOPEC Geophysical Company (TGS) provides multi-
Otto Energy Ltd announces that it has now completed the transaction with Vitol previously announced on 12 August 2011. Otto has increased its stake in the Galoc Oil Field to a 33% direct working interest by acquiring 100% of the equity in the Operator, Galoc Production Company WLL. “Otto would like
