International oil services, engineering and construction company Aker Solutions has decided to cultivate its core businesses by creating three separate companies. The new streamlined entities have a clear ambition to grow in their respective markets. The new strategic direction, which will be announ
BG Group today announced an update on the Tupi and Guará fields in the Santos Basin, offshore Brazil. The update relates to the first two Floating Production, Storage and Offloading (FPSO) vessels on the Tupi field and the first FPSO on the Guará field. The first FPSO on the Tupi field has a product
Wood Group’s Alliance Engineering has been selected by EPC contractor Daewoo Shipping and Marine Engineering (DSME) to provide jacket and topsides engineering and design for Chevron’s South Nemba Auxiliary (SNX) project. The SNX project is located offshore West Africa in Angola’s Nemba field, in wat
Statoil has awarded a contract to COSL Drilling Europe for the charter of the semi-submersible COSL Pioneer. Plans call for the rig to be used for production and exploration drilling on the Norwegian continental shelf (NCS) from mid-2011. ”We are pleased with the fact that this contract secures the
EnCore Oil plc announces that the Transocean Galaxy II heavy duty jack-up rig left Dundee Harbour yesterday afternoon to move to a standby location in the UK North Sea. As soon as a weather window becomes available, the rig will be moved to the Varadero location on Block 28/9. EnCore Oil plc is an o
OGX Petróleo e Gás Participações S.A., the Brazilian oil and gas company responsible for the largest private sector exploratory campaign in Brazil, announced today that it has identified the presence of hydrocarbons in the Albian-Cenomanian section of well 1-OGX-25-RJS, located in the BM-C-39 block,
TGS will commence a multi-client 3D survey Offshore Benin in blocks 5 and 6. This project covers roughly 4,000 km2 in the deep water area of Benin. Data acquisition will commence in January 2011 and is expected to be completed in Q2 2011. This project is the second in a series of surveys along the [
Bergen Group Dreggen been awarded contracts for the production of a total of six cranes with a total value of NOK 40 million (USD $ 6.7 Million). Deliveries will be carried out during the period 4 quarter 2011 to 2nd quarter of 2013. The contracts are with customers in Korea, Singapore and Holland.
The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 15/6-12, cf. Section 8 of the Resource Management Regulations. Well 15/6-12 will be drilled from the Transocean Leader drilling facility at position 58º 37’ 48.53” North 01º 44’ 15.47” East after the rig
AWE Limited reports that at 0900 hours today, the Silvereye-1 exploration well was at a depth of 1,112 metres and preparing to drill ahead in 12-1/4” hole after running 13-3/8” casing. Progress for the week was 972 metres. Silvereye-1 is an exploration well located in the offshore Bass Basin within
After leasing Amarcon’s Portable Surveyor Box for several weeks, Smit Heavy Lift Europe B.V. decided to purchase OCTOPUS-Onboard for the installation on her Smit Taklift 4 vessel. Where the Portable Surveyor Box is used to monitor and advice in one-time-only projects, OCTOPUS-Onboard is a permanent
GDF SUEZ has signed its official entry in two exploration gas and oil licenses with the Greenlandic Ministry of Industry and Mineral Resources. The consortium between GDF SUEZ, Shell (operator) and Statoil has been granted two exploration offshore licenses in Blocks 5 and 8, located in the Baffin Ba
An oil spill from a deepwater blowout near the Shetland Islands could reach the coastlines of Scotland, eastern England, Norway and Greenland, according to a company which began drilling there in October. Chevron, one of the world’s largest oil companies, made a worst-case forecast of the impact cau
Pride International, Inc. announced that it completed its settlement with the U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) of outstanding U.S. Foreign Corrupt Practices Act (FCPA) matters that were voluntarily and promptly self-reported to the DOJ and the SEC in
