JP Kenny Norway has signed a Front End Engineering Design (FEED) contract with Norske Shell for the high temperature, high pressure Linnorm project in Norway. Valued at approximately US$9 million (NOK 55 million), this contract forms part of a global Enterprise Frame Agreement awarded to Wood Group
Statoil transfers operatorship of the Vilje field in the North Sea to Marathon Oil Norge. The agreement does not involve any change of stakes in the production licence (PL 036D). “Statoil is interested in good area solutions. We therefore find it natural that Marathon, as the biggest operator in the
Cecon ASA presents its Consolidated Interim Financial Report for First Quarter 2012. Highlights of Q1 2012: Highlights of the quarter Q1/2012 • Successful completion of installation offshore Nigeria • Revenues Q1: NOK 93.4 million • EBITDA: for Q1 NOK 22.9 million • Pro forma result: Profit after ta
Guernsey Electricity is using a cable ship to pinpoint a fault on submarine cable linking Guernsey and Jersey to France, reports BBC. The France telecom owned Leon Thevenin vessel is expected to be in the area all week. According to BBC, Guernsey Electricity’s corporate strategy director, Sally Davi
Total is today able to announce that a well intervention operation has stopped the G4 well leak on the Elgin complex, 240km from Aberdeen in the UK North Sea. The well intervention operation, which involved pumping heavy mud into the leaking well, began on May 15th and the leak was stopped 12 hours
Ciena® Corporation, the network specialist, announced that Perseus Telecom, a global provider of connectivity, has selected Ciena’s equipment, software and services to build an end-to-end, ultra low-latency network between the U.S. and Europe. Combining metro networks in the global financial hubs of
Maritime security company, Sonardyne International Ltd, has successfully completed the installation of an integrated intruder detection system for an undisclosed strategic waterside installation in the Middle East. The previously unannounced contract was awarded to Sonardyne in late 2011 and include
Deep Down, Inc. yesterday reported a net loss of $0.3 million for the first quarter of 2012, an improvement of $1.5 million over the same period in 2011. For the first quarter of 2012, Deep Down reported a net loss of $0.3 million (including $0.1 million in equity in net loss of joint venture), or [
EMGS recorded revenues of USD 55.6 million in the first quarter of 2012, up from USD 21.5 million in the first quarter of 2011. Contract sales totalled USD 53.0 million, whilst multi-client sales came in at USD 2.6 million. In the corresponding period last year, EMGS recorded multi-client sales of U
In April 2012, Periplus Archeomare, in close cooperation with surveyors from DEEP BV, performed a number of high resolution geophysical investigations at the sites of two shipwrecks in the Fehmarn belt between Denmark and Germany. The two shipwrecks are located on the route of a new-to-build tunnel
Noble Energy Inc. and Delek Group Ltd. have announced the beginning of the work to link Noa and Pinnacle fields with Mari B platform, Globes Online reported. The pipeline link between fields will be provided by Helix Express rig which already arrived in Israeli waters. The Noa field is located 20 ki
China Rongsheng Heavy Industries Group Holdings Limited, a large heavy industries group in China, has collaborated with China National Offshore Oil Corporation (CNOOC) to complete construction of a 3,000-meter deepwater pipe laying crane vessel HAI YANG SHI YOU 201. The vessel has set sail for the L
Total has started the planned well intervention operation to stop the leak from the G4 well on the Elgin complex. The well intervention operation got underway this morning with the pumping of heavy mud into the well from the main support vessel, the West Phoenix semi-submersible drilling rig, via a
Mobile TeleSystems OJSC, the leading telecommunications provider in Russia and the CIS, announces that it has signed a memorandum of understanding with VimpelCom OJSC (trademark “Beeline”), MegaFon OJSC and Rostelecom OJSC to jointly lay and operate an underwater fiber-optic cable joining the Russia
