BG Group and Bank of China today signed a key cooperation agreement that enhances the existing close working relationship between the organisations and also allows for up to $1.5 billion of new funding options to support the Group’s major growth programme. The Memorandum of Understanding (MoU) signe
KS Energy Limited announced today that its wholly-owned subsidiary, Atlantic Rotterdam Limited, has secured a 1 plus 1 year bareboat charter contract worth up to $12 million (including the 1 year option) for its Jack-up Offshore Accommodation rig Atlantic Rotterdam . The Rig will be deployed for She
Solstad Offshore ASA (SOFF) increased its ownership in NOR Offshore Ltd. (Nor) to 100% by the purchase of the 40.9% stake held by Nortrans Invest Pte Ltd (Nortrans). The transaction was announced to the Oslo Stock Exchange on 6th April 2011 and a new name, Solstad Offshore Asia Pacific Ltd (SOAPAC)
Keppel Singmarine Pte Ltd (Keppel Singmarine), the specialised shipbuilding arm of Keppel Offshore & Marine Limited (Keppel O&M), is on track to deliver GLOBAL 1201, the second new generation derrick pipelay vessel to Global Industries Ltd (Global Industries) safely, on time and within budget. Keppe
The Fair Work Ombudsman is taking a WA offshore oil rig services company, and its sole director, to court over more than $120,000 in … Source: PerthNow [mappress] Source:Perthnow , June 27, 2011;
SBM Offshore announced today that it has been awarded a contract and received the corresponding notice to proceed from Technip (part of the “TSC” Consortium with Samsung Heavy Industries) for the engineering, procurement, construction and integration (EPCI) of a major Turret Mooring System. This Tur
(Xinhua)- Thousands of people joined hands at the weekend across beaches from Florida to California to form a human chain to protest … Source: ChinaDaily [mappress] Source: Chinadaily, June 27, 2011;
Dockwise Ltd. announces 11 awards totaling USD 42 million, all for execution in Q2 and Q3 2011. The USD 42 million comprises contracts for transportation of dredging equipment to Spain and Uruguay, a Power Barge and jack-up barges to the Dominican Republic and Egypt, jack-up rigs to Gabon, Mexico an
Salamander Energy plc today provides the following update on its current drilling activity in Thailand, including the announcement of a material oil discovery in the East Terrace prospect. B8/38 Licence (Salamander 100%, operator) The current drilling programme, using the Ocean Sovereign jack-up rig
Cecon has entered into a cooperation Agreement with Great Offshore of India, where the parties are jointly pursuing subsea installation projects. In the cooperation, Cecon will be providing the subsea pipelaying and installation activities, while Great Offshore will be responsible for topside engine
Rockhopper Exploration, the North Falkland Basin oil and gas exploration company, provides the following update on the flow test carried out at well 14/10-5. • Well flowed at commercially viable rates • Well flowed at stabilised rates of 5508 stb/d • Well achieved a maximum stabilised flow rate of 9
Lundin Norway AS (Lundin Norway) a wholly owned subsidiary of Lundin Petroleum AB (Lundin Petroleum) announces that the first appraisal well, 16/3-4 has confirmed the extension of the Avaldsnes field to the south-east of the 16/2-6 discovery well in PL501 on the Norwegian Continental Shelf (NCS). Th
West Elara – the first of two ultra-large, high-specification, harsh-environment Gusto MSC CJ70 150A jack-up rigs built by Sembcorp Marine’s subsidiary Jurong Shipyard for North Atlantic Drilling, a subsidiary of Seadrill Limited – is poised to make rigbuilding history in Singapore as the nation’s l
Oceaneering has now installed the 100th High Definition (HD) video system in the company’s Remotely Operated Vehicle (ROV) fleet. The Oceaneering HD ROV video package, designed and manufactured by company subsidiary Deep Sea Systems International Inc. (DSSI), is a broadcast quality system rated to 4
