Subsea 7 S.A. announced the award of a five year Frame Agreement Contract, plus two 1 year options by Statoil ASA. The contract will cover provision of a dedicated vessel on full time basis, and associated project management and engineering support, for ROV based inspection, maintenance, and repair
MEC Resources provides the following update from its investee company Advent Energy Ltd (Advent) regarding the present status of its operations. PEP11, Offshore Sydney Basin (Advent 85% through wholly owned subsidiary Asset Energy Pty Ltd, pending formal transfer from Joint Venture partner Bounty Oi
Apache Corporation today announced the election of Chansoo Joung , a senior advisor at Warburg Pincus LLC , and Scott Josey , former chairman and chief executive officer of Mariner Energy, to its board of directors. Joung, who joined Warburg Pincus in 2005, provides advice on new and existing invest
At 03.25 on Thursday morning a well incident was detected on the exploration rig Deepsea Atlantic. The incident was reported to the Petroleum Safety Authority Norway. Statoil will closely examine the incident and is dispatching its own personnel, and personnel from drilling operator Odfjell Drilling
Today, the Board of Directors of Saipem S.p.A. reviewed the Saipem Group preliminary consolidated results at December 31, 2010 (not yet submitted to the Company Statutory Auditors and Independent Auditors), which have been prepared in compliance with the International Financial Reporting Standards (
Drydocks World, a leading player in the maritime and offshore industry, has completed the launch of Anchor Handling Offshore Support … Source: TradeArabia [mappress] Source:Tradearabia, February 10, 2011;
Nearly 40 oil workers have been taken off a North Sea platform. Two helicopters evacuated 38 non-essential staff from the North Everest … By Ryan Crighton(ThePress&Journal) [mappress] Source:Pressandjournal, February 10, 2011;
Unions are up in arms after yet another safety incident on the $43billion dollar Gorgon project, which could well have ended in tragedy. On Sunday, February 6, the multi-cat vessel Boskalis BKM 102 was working on the Gorgon Project off Barrow Island at 9.30pm when it ran over the dredge anchor, ripp
Governor Chris Christie(photo( has vetoed a proposal that would allow a liquified natural gas terminal off the coast of New Jersey in a … By Tom Dunphy (BrickPatch) [mappress] Source:Brickpatch, February 10, 2011;
The 27th January 2011 was a milestone in the development of the unique Remora HiLoad DP as it completed its final sea trials before live field implementation. HiLoad is a revolutionary deepwater offshore loading terminal, made possible by innovative vessel design and the use of a cutting-edge Kongsb
Awilco Drilling Limited has entered into a Memorandum of Understanding (MOU) with SPD Limited for the semi-submersible drilling rig, WilHunter. The MOU is for 1 firm and 6 optional wells in the UK . Awilco Drilling also confirms that it has signed a Letter of Intent (LOI) with Nautical Petroleum PLC
Noble Energy, Inc. reported today fourth quarter 2010 net income of $52 million, or $0.29 per share diluted, on revenues of $783 million. Included in net income for the quarter were a few items which are typically not considered by analysts in published estimates. Excluding the impact of these items
Mel Fitzgerald, Director of Subsea 7 S.A. and former Chief Executive Officer of Subsea 7, was last night recognised for his significant and positive impact on the subsea sector. The Outstanding Achievement award was made by Subsea UK at its annual Subsea Business Awards in Aberdeen, UK. Bill Edgar,
SCF Group acquires six Aframax shuttle-tankers from OAO Primorsk Shipping Company (PRISCO Corporation) and expands its participation in servicing the Sakhalin-1 and Sakhalin-2 projects. Of the six crude-oil shuttle-tankers, Captain Kostichev, Viktor Titov, Zaliv Aniva, Sakhalin Island and Governor F
