Progress during the week was delayed due to 53 hours of bad weather preventing the installation of the Blow Out Preventer (“BOP”) on the well head located on the sea floor. Further difficulties were experienced when trying to latch the BOP onto the wellhead. Modifications of the BOP to wellhead conn
McDermott International, Inc. announced today that it has completed the spin-off of its power generation systems and government operations segments through the distribution of the shares of The Babcock & Wilcox Company (“B&W”) to holders of McDermott common stock. As a result, McDermott is now a lea
Israel Petroleum Company, Limited (“IPC”) announced that the transfer and registration of its ownership rights in the Sara and Myra offshore Israel licenses has been granted by the Petroleum Commissioner of the Israel Ministry of National Infrastructure (“MNI”). Per the updated “Ownership in Petrole
Marine Subsea’s flagship vessel Sarah set sail from Aberdeen this weekend to begin a £2 million series of decommissioning contracts in the… by James Hamilton (Heraldscotland) [mappress] Source: Heraldscotland, August 2, 2010:
Keppel Corporation Limited (Keppel Corp), through a subsidiary Keppel Philippines Marine Inc, (KPMI), is raising its shareholdings in two associated companies, Subic Shipyard and Engineering Inc. (SSEI) and Consort Land, Inc. (CLI) to boost its Near Market, Near Customer strategy in the Philippines.
ClampOn has received Letter of Intent from FMC for supply of subsea sand & vibration monitors and PIG detectors to the Laggan-Tormore project. The Laggan-Tormore project is located in North-West of Shetland and is operated by Total. The overall development concept consists of a long distance tie-bac
Daewoo Shipbuilding & Marine Engineering Co., South Korea’s second-largest shipyard, said Monday that it has won two separate contracts… [mappress] Source: Asiapulse, August 2, 2010:
Serica Energy announces that on 30 July drilling operations commenced at the Oates exploration well location in Block 22/19c in the UK Central North Sea. The well will be drilled by the Ensco 100 jack-up drilling rig to a depth of approximately 10,000 feet and is anticipated to take approximately 30
BW Offshore has signed the contract for the completion of the FPSO OSX-1, a project with an approximate value of the scope of USD 150 million. BW Offshore will act as the project manager, assisting the owner, a subsidiary of the Brazilian publicly traded company OSX Brasil S/A, providing engineering
Acergy S.A. announced today that it has been awarded a new four year contract for the Acergy Condor by Petrobras in Brazil, commencing in September 2010. This contract, valued at approximately $220 million, is for the provision of flexible laying services, offshore Brazil in water depths of up to 2,
Statoil commenced production of oil from the Morvin subsea field towards the Åsgard field in the Norwegian Sea Sunday, 1 August. “The field is strategically important for further development and operation of activities in the Norwegian Sea,” says Ivar Aasheim, head of the Operations North cluster in
CHC Helicopter today it has been awarded an £11m/year contract to provide crew change services for Apache North Sea. The five-year deal, which has the potential for two one year extensions, will see CHC Helicopter add a second Sikorsky S92 aircraft to its Aberdeen fleet at a cost of £14.5m. The cont
Statoil has been granted consent to use the mobile facility Island Wellserver for well intervention activities on Yttergryta and Snøhvit. Statoil has previously been granted consent to use Island Wellserver for well intervention activities on fields in the North Sea and the Norwegian Sea, and has no
Melrose Resources, the oil and gas exploration, development and production company, announced an exploration discovery in the Galata block offshore Bulgaria. The Kavarna East No.1 well has been successfully drilled to test an exploration prospect approximately 10 kilometres to the east of the Melros
