Wintershall Norge ASA has been awarded the Norwegian “Annual Employer Brand Award” in Stavanger for its successful Human Resources management. The company only began operations as operator on the Norwegian Shelf in 2009, but had quickly managed to build up a portfolio of excellent staff. This was th
Imtech Marine (the marine division of technical services provider Imtech) announces its new 2011 – 2015 growth strategy. Imtech Marine targets to double its revenue up to 1 billion euro in 2015. Growth will be achieved by organic growth and by means of acquisitions. Eric van den Adel, Managing Direc
Offshore oil companies are grounding helicopter flights over rough seas off Newfoundland as recommended by the Transportation Safety Board… By Montreal Gazzete [mappress] Source:Montreal Gazzete, February 11, 2011;
As stated in MIO’s ASX announcement dated 31 December 2010, funds received from its recent vessel sales, including the sale of Miclyn Constructor II, are earmarked for deployment into expansion opportunities in other Offshore Service Vessel (“OSV”) classes and continued fleet renewal and expansion i
Texas-based oil pipeline and terminal operator NuStar Energy has started a joint venture with Turkish companies S-Oil and Aves for around US$54 million. The deal gives NuStar a 75% stake and operational control over two petroleum terminals in Turkey. One of the Turkish terminals has a storage capaci
BG Norge AS has been granted consent to carry out exploration drilling of well 6604/2-1 in the Norwegian Sea with the mobile facility Aker Barents. The well will be drilled in production licence 522, 374 kilometres west of Brønnøysund. The well has the coordinates N 66° 47’ 01.791”, E 04° 33’ 34.85”
ConocoPhillips Skandinavia AS has received consent to use the mobile facility Mærsk Innovator for drilling on the Ekofisk 2/4-B field. Sidetrack drilling and other work will be carried out on six production wells. Mærsk Innovator will be situated next to the 2/4-B facility and the drilling will take
Siemens and Saudi Aramco, one of the world’s largest oil companies headquartered in Dhahran, Saudi Arabia, have recently signed a corporate procurement agreement (CPA). This corporate-level agreement will strengthen the cooperation between the two companies. In addition, a sub-procurement agreement
Scana Industrier ASA has through it’s daughter company Scana Steel Stavanger won contracts for supplying molded components for offshore mooring systems. The contracts are signed with Bardex Corporation and Oil States in USA. Contract value is approximately 30 million NOK (EUR 3.8 mill). Production w
Canadian based Rutter Technologies, a division of Rutter Inc. , has entered into an agreement to provide its Oil Spill Detection and Management Systems for deployment in the U.S. offshore oil industry. This latest commitment is in addition to an original system which was sold for service in November
ABB, the leading power and automation technology group, announced today the completion of its new, world-class electromechanical equipment test facilities at CESI’s headquarters in Milan, Italy. These facilities will be used to test the load capacity and reliability of large motors and medium voltag
Aker Solutions has been awarded a letter of intent (LOI) from Statoil for the engineering, procurement and construction of a subsea workover system for the Vigdis North East development on the Norwegian Continental Shelf. Aker Solutions estimates that the contract value will be approximately NOK 500
Preliminary production figures for January 2011 indicate an average daily production of about 2 164 000 barrels of oil, NGL and condensate. This is 50 000 more than in December 2010. Gas production was about 10.4 billion Sm 3 , which is 0.4 billion Sm 3 less than in December. The average daily liqui
Havila Shipping ASA has entered into a Charter contract with Subsea 7 for the vessel Havila Subsea for a fixed period starting in May 2011 ending 1st January 2013, with further options. Havila Subsea is of Havyard 855 design and currently under construction at Havyard Leirvik. The vessel will be del
