Transocean Ltd. today announced the release of an internal investigation report on the causes of the April 20, 2010, Macondo well incident in the Gulf of Mexico. Following the incident, Transocean commissioned an internal investigation team comprised of experts from relevant technical fields and spe
Repsol Chairman, Antonio Brufau, was granted the 2010 Entrepreneur of the Year award by the Federation of Spanish Chambers of Commerce in Europe (FEDECOM). He received the award from the Secretary General for Trade, Alfredo Bonet. In its first edition this year, the award rewards the efforts of empl
Dril-Quip, Inc. today announced that Dril-Quip Asia Pacific PTE Ltd, its wholly owned subsidiary located in Singapore, has been awarded a contract valued at approximately US$39 million by Murphy Sabah Oil Company, Ltd. to supply drilling and production equipment for the Kikeh Dry Tree Spar Platform
Power generators ensuring power supply to Shah Deniz failed at 15.30 on 21 June, which cut volume of power supplies, sources in … By Rufat Abbasov (News.az) [mappress] Source: News.az, June 22, 2011;
Farstad Shipping ASA has, through its wholly owned subsidiary Farstad Supply AS, reached an agreement with STX OSV AS to build 2 Anchor Handling / Offshore Service vessels (AHTS) of the type UT 731 CD. Contract value is approx. NOK 1.2 billion. The vessels are designed by Rolls Royce Marine with a t
Sartor Offshore announced today that Ocean Flower vessel has been sold to new owners. The company gave no details about the price or the client involved in the transaction. Ocean Flower is a Rescue/Standby vessel. The vessel, formerly “Normand Flower”, was built in 1974 at Volharding Shipyard Waterh
Mechanical engineering specialist, EnerMech, has been awarded a number of contracts “worth a substantial sum” to provide pipeline pre-commissioning services by Subsea 7. Two awards are for Dutch sector projects where the workscope includes pre-trench flooding, cleaning and gauge pigging, high speed
Statoil and its partners in the Njord licence in the Norwegian Sea have decided to invest in low-pressure field production. This, combined with other measures, will prolong the lifetime of the field until 2020. Reservoir pressure on Njord is falling and the field has entered tail-end production. By
Hardy Oil and Gas plc, the oil and gas exploration and production company focused in India, announces its first gas discovery in the exploration well KG-D9-A2 within the D9 licence. The well KGD9-A2 was drilled to a total depth of 4,881 m MDRT with the objective of exploring the play fairway in the
The Gudrun Jacket will be written into history as the first delivery from Kvaerner, when it is handed over to Statoil on 1 July 2011. “This jacket will be number 35 in the series of jackets delivered from the yard in Verdal. Gudrun was awarded as the first project after the financial crisis, and has
China Oilfield Services Limited announced that COSLPioneer, a semi-submersible drilling platform of the Group, has recently received an Acknowledgement of Compliance certificate （“AOC certificate”）issued by Petroleum Safety Authority （“PSA”）of Norway, on the heels of similar accreditations for COSLR
The Board of Mediterranean Oil & Gas Plc , the central Mediterranean focused producer, developer and explorer of oil and gas assets, announces that its subsidiary Medoilgas Italia SpA has signed a gas sales contract with the Italian utility Elettrogas SpA covering the entirety of the Company’s net g
Eidesvik Offshore has been awarded a 5 year Charter Party Contract by Statoil for the Platform Supply Vessel (PSV) Viking Avant. The contract has further 3 yearly options for extension. Statoil has at the same time awarded Eidesvik Shipping AS, a subsidiary of Eidesvik Offshore ASA, a 2 year Charter
Forum Energy Technologies (FET) announced the sale of two of its high performance Perry Triton® XLX ROV systems to global seabed-to-surface engineering, construction and services company, Subsea 7. The systems will be mobilized on-board the Grant Candies construction vessel at the end of June, in su
