Bjørge ASA will reorganize into two independent companies, with its process, fire and safety solutions divisions demerged into a separate company. The split will create two focused operations capitalizing on established market positions within the service sectors of the oil and gas industry. The two
The State Oil Company of Azerbaijan (SOCAR) put into operation the renovated crane vessel Qurban Abbasov and the ship Caspian Power on … By E. Ismayilov(TREND) [mappress] Source: Trend.az,September 20, 2010,
Rockhopper Exploration plc , the North Falkland Basin oil and gas exploration company, is pleased to report the successful test of well 14/10-2: “Sea Lion 1.” Sea Lion 1 was drilled in a water depth of 451m during April and May 2010 and suspended for future testing, having encountered a gross oil co
Dockwise Ltd. (“Dockwise” or the “Company”) is conducting a feasibility study for a new “Type 0” semi-submersible vessel to meet the expected increasing demand for means of transportation for extremely large and heavy production platforms. In order to cater for a prudent financing of this vessel, th
Incat Crowther announced a contract to design two 30m aluminium monohull crewboats for service in Nigeria. Incat Crowther’s brief is to design vessels that are easy to construct and robust in operation, with simple systems; in line with the demands of the region. To be built by Cape Town-based Veecr
Bibby Offshore Holdings Limited, the holding company of Aberdeen-based subsea construction and IRM firm, Bibby Offshore, has made two board appointments. Andrew Duncan and Jeremy Punnett have been appointed to the positions of business & commercial director and strategic & corporate development dire
Songa Offshore SE (“Songa” or the “Company”) announced that a wholly owned subsidiary of the Company has entered into an agreement to sell the drillship Songa Saturn to a wholly owned subsidiary of PetroSaudi Oil Services Ltd. (“PetroSaudi”) for net sales proceed of USD 260 million. As advised by th
The following statement was released by BP America Chairman and President Lamar McKay on completion of the MC252 Relief Well in the Gulf of Mexico. “Today’s completion of relief well operations on the Macondo well is a significant technological accomplishment and another important milestone in our c
A letter of agreement has been signed for the provision, lease and operation of a semi-submersible production facility for the Tubular Bells field in the Gulf of Mexico (GOM). The agreement allows SBM Offshore to start engineering and commit substantial hardware investment in the facility until fina
Statoil has awarded Aker Solutions the Sleipner Modifications Portfolio Agreement and the first project-specific agreements for engineering, procurement, construction and installation (EPCI) for the Gudrun tie-in to Sleipner in the North Sea. The order is worth approximately NOK 900 million (approxi
Halliburton closed the acquisition of Boots & Coots, Inc., creating the industry’s premier intervention services and pressure control product service line. The merger combines Halliburton’s coiled tubing and hydraulic workover operations with Boots & Coots’ well intervention services, providing oper
On August 16, 2010, Arne Smedal and Kåre Syvertsen was awarded the Norwegian Academy of Technological Sciences’ (NTVA) Special Award for their contribution to the development and commercialization of several breakthrough marine constructions, including loading systems that can handle high sea states
BP provided an update on developments in the response to the MC252 oil well incident in the Gulf of Mexico. BP continues to work with the guidance and approval of the National Incident Commander and in cooperation with the federal government. Subsea Source Control Relief well drilling from the Devel
Schilling Robotics, LLC, experts in subsea systems, announced today the order for two (2) new 200hp UHD™ ROV systems from specialist subsea service company DOF Subsea. In addition, two (2) original UHDs™ delivered to DOF Subsea in 2006 will be upgraded to the advanced UHD™ Gen II design, providing e
