Ocean Installer sells its 70 per cent share in the CSV Normand Vision to its marine partner Solstad Offshore, giving Solstad 100 per cent ownership. The Normand Vision is still committed on a long-term charter with Ocean Installer and the sale does not affect the plans Ocean Installer has for the us
Kongsberg Gruppen ASA (KONGSBERG) has signed a new $253 million revolving credit facility with a syndicate of five banks. The facility has a tenor of five years, plus two one-year extension options. The new facility is for general corporate purposes, and replaces the $167 million revolving credit fa
Parkmead has reported that it has completed the previously announced acquisition of an additional 20 percent interest in UK production licence P.1293 (Block 14/18b ALL), containing the Athena oil field, from EWE VERTRIEB GmbH (“EWE”). Through Parkmead’s acquisition of Lochard Energy Group PLC, compl
AGR has been awarded a new Well Management Services Contract by OMV (Norge). The Contract also covers delivery of other Drilling and Well Engineering services for complete well construction. The Contract is for three years with the option of two further years. AGR has previously worked with OMV on t
Air Products AS in Kristiansand, Norway received its largest order of PRISM® nitrogen systems for shipboard applications in the last 30 years. The order involves retrofitting 25 LNG vessels by replacing a competitive nitrogen system with a new one that incorporates Air Products’ proprietary PRISM® m
Faroe Petroleum has announced a successful Drill Stem Test on the 6406/12-3S Pil exploration well (Faroe 25%), drilled 33 kilometres from the Njord production facility (Faroe 7.5%) in the Norwegian Sea. Highlights: – The well flowed at a stable rate of 6,710 bopd of 37° API oil from a 56/64″ choke p
Jan De Nul Group awarded Tree C Technology B.V. a contract for the development and delivery of a Fall Pipe Vessel Simulator for its headquarters in Capellen in Luxembourg. The simulator will be used for personnel training of the Jan De Nul Group’s fall pipe vessel Joseph Plateau and its sister vesse
Norwegian Energy Company ASA has announced that the drilling of exploration well 6608/10-16 on the Verdande prospect in license PL484 in the Norwegian Sea has started.
Atkins has been awarded an additional contract by DONG Energy. Atkins is now contracted to design five offshore substations for DONG Energy. The contract will see Atkins provide detailed substation designs for Race Bank, one of DONG Energy’s major offshore wind development projects in the UK. Atkins
AGR has been assigned by Premier Oil to deliver a range of services within the Norwegian Continental Shelf (NCS). The contract period is for five years plus additional three years. The scope of the agreement covers Well Management and Well Planning Services for exploration drilling and field develop
Lundin Norway AS will use the Island Innovator for drilling and production testing on the Gohta field. Lundin Norway AS has received the consent of the Petroleum Safety Authority Norway (PSA) to use the Island Innovator mobile drilling rig for drilling and production testing of wildcat well 7120/1-4
MultiClient Geophysical ASA (MCG) will conduct a Super High-Resolution multi-client 2D (MC2D) seismic survey in the Hoop area, Barents Sea. The survey will provide oil companies with critical, detailed information for the prospect evaluations of the shallow Jurassic and Triassic prospects. The Super
CGG has started acquiring a large BroadSeisTM/BroadSourceTM 3D multi-client survey in the Northern North Sea offshore Norway. The Horda survey will be the largest broadband multi-client program CGG has acquired in NW Europe as well as the largest multi-client 3D survey ever shot by any company in No
Foster Wheeler said that Eni has renewed for a further two years its existing framework agreement with a subsidiary of Foster Wheeler’s Global Engineering and Construction Group. Under this agreement, Foster Wheeler provides basic design and front-end engineering design for downstream, upstream, pow
