AMEC, the international engineering and project management company, announced yesterday that John Connolly would succeed Jock Green-Armytage as Chairman. John Connolly is due to retire from his current role as Chief Executive Deloitte UK and Global Chairman of Deloitte Touche Tohamatsu on 31 May 201
Sartor Offshore has secured a contract 3 year firm + 5 yearly options with Ithaca Energy UK Ltd. Ocean Sprite expected to commence the new contract at Athena field in October 2011, as a field support vessel and ERRV. Ocean Sprite is a Multi Role Offshore Support Vessel (PSV/ Standby/ Rescue). The ve
FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, announces that it has signed an assignment agreement and associated documents (together the “Rig Contracts”) with Borders & Southern Petroleum plc. (“B&S”) and Ocean Rig 1
CGGVeritas announced today that it has signed an agreement with PetroVietnam Technical Services Corporation (PTSC) to create a marine joint venture company. The newly established company, PTSC CGGVeritas Geophysical Survey Company Limited, is 51% owned by PTSC and 49% owned by CGGVeritas and will de
Nexen Inc. advises that it has finalized plans to upgrade the cooling system and return to full production at its Buzzard platform in the North Sea. The cooling medium is expected to be replaced by the end of May. During this period production will be limited to about 80,000 boe/d (gross). Nexen exp
STX OSV Holdings Limited , one of the major global designers and shipbuilders of offshore and specialized vessels, is announced that it has secured new contracts for the design and construction of two Platform Supply Vessels (PSV) for Farstad Shipping. The total value of the contracts amounts close
Nido Petroleum Limited announced that the ‘Atwood Falcon’ deepwater semi-submersible drilling rig spudded the Gindara-1 exploration well at 00:45 hrs on 20 May 2011. The Atwood Falcon rig arrived over the Gindara-1 location at approximately 02:00 hrs on 18 May 2011. Following the setting of the prim
BP today announced that it has reached agreement with MOEX Offshore 2007 LLC (“MOEX”) and its affiliates, Mitsui Oil Exploration Co., Ltd. and MOEX USA Corporation to settle all claims between the companies related to the Deepwater Horizon accident. MOEX – which had a ten per cent interest in the Ma
Diamond Offshore Drilling, Inc. today announced that a subsidiary, Diamond Offshore Drilling Limited, has exercised its option to build a third ultra-deepwater drillship with Hyundai Heavy Industries Co., Ltd. with delivery scheduled for the second quarter of 2014. Total cost, including commissionin
The Board of Royal Dutch Shell plc (Shell) has taken the final investment decision on the Prelude Floating Liquefied Natural Gas (FLNG) Project in Australia (100% Shell), building the world’s first FLNG facility. Moored far out to sea, some 200 kilometres from the nearest land in Australia, the FLNG
Stressing the importance of scientific integrity in decision-making regarding offshore energy development, Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) Director Michael R. Bromwich today highlighted the role of the bureau’s Outer Continental Shelf (OCS) Scientific Committee
Farstad Supply AS, a wholly owned company of Farstad Shipping ASA, has reached an agreement to sell the PSV Far Sleipner (1984, ME 202, 3.067 DWT). The vessel has recently finished its charter party with Petrobras in Brazil. Delivery of the vessel to the new owner is expected to take place by the tu
Recently, H.E. U Than Htay, the Minister of Energy of the Union of Myanmar (Center) and Mr. Kanok Intharawijitr, General Manager PTTEP International Ltd. a subsidiary of PTT Exploration and Production Plc. or PTTEP jointly opened the testing valve on the drilling rig of the exploration well Aung Sin
Mechanical engineering company EnerMech has been awarded a £300,000 contract for hose integrity management by CAN. The contract covers hose inspection and replacement on 12 UKCS onshore and offshore assets and was won in a competitive tender. EnerMech will provide CAN with complete visibility of the
