Sterling Resources Ltd. (“Sterling” or the “Company”) announces that the Field Development Plan (“FDP”) for the Breagh gas field has received the unconditional approval of the UK Department of Energy and Climate Change (“DECC”). FDP approval from DECC was formally granted at a ceremony that took pla
Foster Wheeler AG announced today that its board of directors has approved a senior leadership succession plan under which J. Kent Masters, 50, will become the company’s Chief Executive Officer, effective October 1, 2011. It is expected that he will stand for election to the company’s board of direc
CNOOC Limited (the “Company”) announced today that, BoZhong 28-2 South (“BZ 28-2S”) oilfields which suspended operation in this April due to a malfunction occurred on the Single Point Mooring System, has restarted production. Currently the operation in BZ 28-2S oilfields is running smoothly. The pro
Offshore Solutions B.V. (OSBV), the joint venture between AMEC and Cofely Nederland N.V., has launched a free standing Offshore Access System (OAS) designed to significantly reduce installation time. OSBV has worked with Lowestoft-based, AKD Engineering to convert an existing OAS into a free standin
Norske Shell is claiming a new subsea installation record on its Ormen Lange development in the Norwegian Sea. A fourth template has been… (subseauk) [mappress] Source: subseauk, July 25, 2011;
Today, Eni signed a Memorandum of Understanding for Strategic Cooperation with Sinopec Group, one of the largest National Oil Companies (NOC) in the world. The Memorandum sanctions a broad spectrum of possible business opportunities to be jointly evaluated by and to the benefit of both Parties, in C
Dominion Diving announces the renewal of their five year contract with ExxonMobil to carry out subsea support services for the Sable Offshore Energy Project. The scope of work will employ approximately 17 members of Dominion’s staff, and will involve using the FMV 40, an ROV system designed specific
Songa Offshore SE (“Songa” or “the Company”) announces that the Company has received a Letter of Award (“LOA) from one of the Major Oil Operator’s of West Africa for its newbuild ultra-deepwater semisubmersible, Songa Eclipse. The LOA is for an 18 month plus 1 well firm term in direct continuation o
Statoil has received consent to use the Ocean Vanguard mobile facility in the northern part of the North Sea. The consent relates to drilling of three production wells on Visund Sør. The plan is to partially complete all three wells, 34/8-V-4 BY1H/BY2H, 34/8-V-3 H, 34/8-V-1 BY1H/BY2H, with Ocean Van
Norwegian Energy Company (Noreco) has entered into an agreement to sell its interests in the Siri field in Denmark to DONG Energy. The agreement involves Noreco’s 50 percent interest in license 6/95 in Denmark, and the price is USD 13 million with effective date 1 July 2011. Noreco’s ownership in Si
Dockwise confirms its first contract for the new Type 0 vessel. By the end of 2012 and immediately upon delivery of the vessel by Hyundai Heavy Industries, the vessel will transport the Jack St. Malo platform hull from Korea to the US Gulf of Mexico. While initially in the form of an intent, the sel
BP Norge AS (BP) has received consent to use the Maersk Reacher mobile facility for living quarters purposes and drilling on Valhall Flanke Nord and Sør. Before starting drilling, BP will use Maersk Reacher for approx. two months on Flanke Nord as a living quarters facility for 70 people working on
The Subsea Services Business Line of Fugro has added six new Saab Seaeye ROV systems to their worldwide ROV fleet in the first half of 2011 in a deal that sees Fugro continue their relationship with Saab Seaeye stretching back to the early 1990s. In addition to the six new ROV systems, Fugro has als
Bowleven, the West Africa focused oil and gas exploration group traded on AIM, announces the departure of John Morrow, Group COO, for personal reasons. Following a hand over period, Non Executive Director, Phil Tracy, who has extensive operations experience, will assume the role of Operations Direct
