Statoil and EGL today, 20 May, announced the divestment of a combined stake of 15% in the Trans Adriatic Pipeline Project (TAP) to E.ON Ruhrgas – a leading energy provider. The new shareholder structure of the Trans Adriatic Pipeline project now comprises of EGL holding a 42.5% share, Statoil holdin
Drydocks World has won a contract to build a new state-of-the-art oil well intervention Compact Semi-Submersible (CSS) vessel, representing a third order from integrated energy industries service provider Hallin Marine. The vessel will cost a total of US$110m. Designed by STX Canada Marine Inc, the
Eidesvik Offshore said its subsidiary Eidesvik Shipping has signed a contract with Statoil for platform supply vessel Viking Athene. The lease is valid until 1 April 2011 with 3 month extension option. Terms and conditions of the contract are confidential, according to the announcement. The vessel w
AWE Limited advises that during the last week, Tui SW-2 was drilled to a depth of 1507 metres. The 13 3/8” casing has been run and cemented to a depth of 582 metres. This is shallower than was planned, and was necessitated by continuing difficulty with unstable shallow sediments at the Tui SW locati
Essar Oilfields Services Limited (EOSL) a wholly owned subsidiary of ESPLL, has been awarded its first contract outside India, valued at approx US$ 40 million by Vietsovpetro JV (VSP), an E&P company operating in Vietnam, for drilling a 4,800-m offshore well. EOSL won the contract amidst stiff compe
British oil giant BP said Wednesday it hopes to start a technology known as “top kill” on Sunday or early next week to stop the massive… [mappress] Globaltimes, May 20, 2010;
Technip announced today that it has signed an agreement, worth approximately €30 million, with Statoil ASA for the fabrication and installation of a pipe-in-pipe flowline(1) to support the Marulk field development. Statoil is carrying out parts of the Marulk development project on behalf of the oper
Tullow Oil plc (Tullow) announces that the Nzizi-3 well in Uganda Block 2 has successfully appraised the Nzizi gas field and that the Noix de Coco-1 well in Gabon has encountered wet gas but in poor quality reservoir sandstones. Nzizi-3 appraisal well results The Nzizi-3 appraisal well was drilled 1
ShawCor Ltd.announced its pipe coating division, Bredero Shaw, has received a contract with a value in excess of US$90 million from Corus UK Limited to provide pipeline coatings for the Total E&P UK Ltd. Laggan-Tormore project. Laggan-Tormore is an offshore gas field which lies 125 km north-west of
Technip announced that it has successfully completed the construction of its new vessel, the Apache II, at its construction yard in Pori, Finland. The work involved transferring the Apache’s high-performance pipelay equipment on to a new-built hull acquired in 2009, as a result of which the Pori yar
Brazil’s federal oil company Petrobras is continuing to monitor the BP oil spill in the US Gulf of Mexico, a company official said… [mappress] bnamericas, May 19, 2010;
Lundin Petroleum AB announced that its wholly owned subsidiary, Lundin Malaysia BV, has signed a new PSC with PETRONAS covering blocks SB307 and SB308, offshore Sabah. Blocks SB307 and SB308 cover an area of about 6,230 km2. The blocks contain one oil discovery that will be the subject of further ev
Maersk Drilling, Maersk FPSOs and Maersk lng Demand for drilling rigs grew throughout the first quarter.Despite rising demand, the market for jack-up rigs remained negatively affected by the addition of new rigs, while the market for deepwater semi-submersibles was good. Three of the Group’s drillin
At Heerema Hartlepool, one of the three large production locations of Heerema Fabrication Group , the 6,500 tonne Buzzard Production Sweetening (PS) deck and bridge structures of Nexen Petroleum U.K. Limited, left Hartlepool for its final offshore destination, the Nexen Buzzard oilfield, and has now
