Dolphin has been awarded a further 3D seismic contract for the Polar Marquis to acquire approximately 3.000 sq. km. in the Black Sea with immediate mobilisation when the vessel is taken on Time Charter, in the middle of May 2014. Atle Jacobsen, CEO commented: “Dolphin is on track delivering the seco
The Shah Deniz consortium announce a major offshore transport and installation contract award for the Stage 2 development of the Shah Deniz field to the BOS Shelf LLC, Saipem Contracting Netherlands B.V. and Star Gulf FZCO consortium. The award of this $1.8 billion contract, part of the Shah Deniz S
Faroe Petroleum, the independent oil and gas company, announces the conditional acquisition of a 60% operated interest in the Ketch Field and a 53.1% operated interest in the Schooner Field in the UK Southern North Sea gas basin from Tullow Oil SK Limited, a subsidiary of Tullow Oil plc, for an init
Interest in tendering for the many projects that comprise the new fixed link across the Fehmarnbelt is significant. On Monday, Femern A/S, the client on the tunnel project, received seven applications for per-qualification for the establishment of a new substation. This is a highly positive sign, sa
Island Offshore announces that Island Commander has been awarded a contract extension from ConocoPhillips for a period of one year. This means that the vessel will be on a firm contract until June 2015, with further options until 2018. Island Commander was delivered from Vard Brevik in 2009 and went
South Stream Transport has signed a contract with the Allseas Group to lay the second line of the South Stream Offshore Pipeline. In addition, the Company has signed a contract with Saipem for the provision of complementary works for Line 2. The South Stream Offshore Pipeline will consist of four pa
Statoil Petroleum AS, operator of production licence 090, is in the process of concluding drilling of wildcat well 35/11-17. The well was drilled about one kilometre south of the Fram field in the North Sea. The well’s primary exploration target was to prove petroleum in Middle Jurassic reservoir ro
Rapidly growing Egypt based company Deeptech Oil Services have confirmed an order with SMD for a Quasar MkII 150hp 3000m rated work class remotely operated vehicle (ROV). The high specification system includes Tophat tether management system, A-Frame, umbilical winch and fully integrated control cab
TGS announces a 2D seismic reprocessing project in the Barents Sea Southeast in preparation for the Norwegian 23rd licensing round. The underlying data, acquired in 2011 and 2012, is owned by the Norwegian Petroleum Directorate (NPD) and covers an area of more than 18,000 km. TGS has been applying t
Tullow Oil plc announces that its subsidiary Tullow Oil SK Limited has entered into an agreement to sell 53.1% of its Schooner unit interest (currently 93.1%) and 60% of its Ketch asset (currently owned 100%) in the UK Southern North Sea to Faroe Petroleum (U.K.) Limited. The total consideration is
GDF Suez E&P UK has reported that the latest milestone in the Cygnus gas field project took place as the first piece of major infrastructure sailed out from Isleburn’s facilities at Nigg Energy Park. The beginning of the subsea isolation valve and WYE structures’ journey to the Cygnus site in the So
Saipem has been contracted by South Stream Transport B.V. to provide supporting works relating to the construction of the second line of the South Stream Offshore Pipeline for a total value of approximately €400 million ($552 Mln). The entire offshore South Stream project consists of four parallel g
Statoil Petroleum AS has received consent to use a new compressor and other modified production equipment at Kristin. Statoil is the operator on the Kristin field which is located at Haltenbanken in the Norwegian Sea. Gas from the field is piped to Åsgard Transport and then onwards to Kårstø in Roga
Aibel announced that during the weekend the Company has started shutdown operations at Oseberg oil field in the North Sea. This also marks the beginning of a hectic period with many shutdowns for Aibel. “Now there will be full activity at both night and day for nearly three weeks,” says Aibel’s shut
