Dockwise Ltd. announces nine awards for Heavy Marine Transport (HMT) that have recently been secured by its subsidiary Dockwise Shipping with a total contract value of USD 33 million. Dockwise was awarded a contract by McDermott Australia Pty. Ltd. to transport a Marlin B jacket structure and a CBL
Subsea 7 Inc , one of the world’s leading subsea engineering and construction companies, announced today that it has been awarded a major engineering, procurement, installation and commissioning (EPIC) contract by Total E&P UK Limited for the Laggan Tormore deepwater gas field development, West of S
BP announced that it has pledged certain Gulf of Mexico assets as collateral for the $20 billion Deepwater Horizon Oil Spill Trust which was set up to pay legitimate claims arising from the April 20 incident. The pledged collateral consists of an overriding royalty interest in oil and gas production
Sevan Marine ASA and E.ON Ruhrgas UK E&P have finalized the commercial negotiations on the Charter Party Agreement for the lease of the FPSO Sevan Voyageur for operation on the Huntington field. The charter party has a fixed term of five years with extension options and an estimated contract value o
AGR Field Operations began work on the new In-Service Inspection contract for Statoil on October 1st . The 4 year frame agreement with Statoil covers 24 offshore and onshore assets in Norway. The expanded scope of work has given the AGR team a challenge to gear up with personnel and equipment in a s
BP is to create a new safety division with sweeping powers to oversee and audit the company’s operations around the world. The Safety & Operational Risk function will have authority to intervene in all aspects of BP’s technical activities. It will have its own expert staff embedded in BP’s operating
Teitur Poulsen has been appointed as Chief Financial Officer of the Det norske oljeselskap ASA. He most recently served as Group Economics and Corporate Planning Manager of Lundin Petroleum AB in Geneva. He has worked for Lundin since 2006, and previously as chief economist and business analyst in F
Mercon Steel Structures B.V. and GDF SUEZ E&P Nederland B.V. have signed a contract for the Construction, Load out and Sea fastening of satellite platform G16a-B in the Dutch part of the North Sea. A drilling campaign of GDF SUEZ last year, lead to the finding of significant gas reserves in block G1
STX Norway Offshore has through its subsidiary STX Brazil Offshore entered into a new contract for the building of one Anchor Handling Tug Supply vessel for Norskan Offshore in Brazil. The vessel is scheduled for delivery at the end of 2013. This vessel is the third in a series of new AH 11 designs
Petroliam Nasional Bhd (Petronas) remains tight-lipped over the sale of its 14.9% equity stake in Cairn India Ltd, which explores and … (thestar) [mappress] Source: thestar, October 1, 2010.
The West Division of Hallin Marine Subsea International Ltd has taken delivery of the purpose built subsea operations vessel, The Ullswater, and immediately won its first saturation diving contract. The West Division of Hallin, a Superior Energy Services company, has previously been involved solely
The Department of the Interior announced two new rules that will help improve drilling safety by strengthening requirements for safety equipment, well control systems, and blowout prevention practices on offshore oil and gas operations, and improve workplace safety by reducing the risk of human erro
Total announces the signature of an agreement with Pearl Oil (Sebuku) Ltd (“Pearl”), a subsidiary of Mubadala Development Company PJSC, to acquire a 15% interest in the Sebuku license, in which the Ruby gas discovery was made. Under the terms of the agreement, Pearl Oil, as operator, will retain a 7
Total announces that its subsidiary, Total E&P Vietnam, and its partners on Block 15-1/05, have discovered oil in the Lac Da Vang prospect, located in the southern part of the block in the Vietnamese offshore. The Lac Da Vang exploration well is located approximately 125 kilometres to the East of th
