RWE Dea Norway AS, an operator of production license 420 (Titan), has completed drilling of appraisal wells 35/9-11 S and 35/9-11 A in oil, gas and condensate discovery 35/9-6 S, in the Norwegian part of the North Sea.
NYK and the Knutsen Group said that they have concluded a joint investment and financing arrangements on a 50:50 basis for two new 176,000 m3 ME-GI LNG tankers. The vessels to be built at Hyundai Heavy Industries for delivery in the second half of 2016 will be chartered to Spanish energy company Gas
GeoSea has finalized the installation of the foundations for the Westermost Rough (UK) offshore wind farm project. This DONG Energy project consists of 35 wind turbine positions 9 km from the coast near Hull in the north east of England, UK. As main contractor for the foundations GeoSea has been res
Tullow Oil plc has announced that exploration well 31/2-21S which was targeting the Gotama prospect, offshore Norway, did not encounter reservoir quality sandstones in the Upper Jurassic main target. The well encountered reservoir quality sandstones in the secondary targets, but these intervals are
OILFIELD services company RMEC Ltd has strengthened its recently forged management team with the appointment of a new operations manager. Dean Greig joins the Forfar-based well intervention equipment firm as it embarks on the next stage in its growth strategy following the £7.5million investment by
The tendering process for the construction of the world’s longest tunnel across the Fehmarnbelt has now entered its next phase. The dialogue with the major tunnel contractors on the conditions for building the concrete tunnel itself began last year. Tendering for the tunnel’s extensive electrical an
Vallourec has been selected to supply premium line pipes and welding services for the TEN ultra-deepwater oil and gas project, operated by Tullow Oil plc in Ghana, and executed by a consortium of Subsea 7 and Technip. Vallourec will provide Subsea 7 with seamless offshore line-pipe including anticor
The Q1 2014 Oil & Gas UK Business Sentiment Index has revealed that while the industry’s optimism has continued to decline, it remains positive, at six points above zero on the -50 to +50 index. The index, which captures a snapshot of the industry mood and measures a number of economic indicators, i
Scana Industrier ASA (“Scana”) has completed the transaction regarding the sale of its daughter companies Scana Offshore Services Inc, Scana Offshore Technology AS and the service part of Scana Offshore Vestby AS. HitecVision fond VI acquired the companies for $22.5 million. Scana Offshore Services
Rosneft and ONGC Videsh have signed a Memorandum of Understanding at the St. Petersburg International Economic Forum, in the presence of Vladimir Putin, President of the Russian Federation.
Igor Sechin, President and Chairman of the Management Board, Rosneft and Dinesh Kumar Sarraf, Chairman of the Board of Directors, ONGC Videsh Ltd and Chairman & Managing Director, ONGC signed a Memorandum of Understanding at the St. Petersburg International Economic Forum, in the presence of Vladimi
Since the beginning of 2014, DEME managed to maintain its order book at a fairly high level of about 3.0 billion EUR thanks to new orders, well spread worldwide across dredging, energy related and environmental activities. The total value of these new orders represents approximately 660 million EUR.
Olympic Shipping has entered into a new contract with Kleven Verft AS for building of a IMR vessel with MT 6021 MK2 design. The MK2 design is a further development of the MT 6021 design. This contract further confirms Olympic’s market position as one of the leading ship owners in the subsea segment.
EDF EN France, Dong Energy and WPD Offshore have issued a call for bids for the Engineering, Procurement, Construction and Installation of up to 83 gravity-based foundations for the Fécamp offshore wind farm. The contract also includes the supply of additional equipment for the gravity-based foundat
