CGGVeritas purchased Petrodata Consulting LLC, a Moscow-based company offering static and dynamic reservoir modelling, reserve estimation and risking, and field development services to the international oil and gas industry. The acquisition of Petrodata further strengthens the reservoir services of
Cetix AS in Stavanger Norway, has been awarded a contract by Subsea 7 for delivery of an active heave compensated umbilical reel and hydraulic power unit for the new IMR vessel. The contract confirms Cetix position as a strong supplier to the business segment of electrical driven umbilical reels a
Hamworthy has signed a contract to install liquefied natural gas storage tanks and fuel systems on board four gas-powered ferries to be constructed at the Remontowa Shipyard in Gdansk, Poland for delivery in the second half of 2012. The ships, which will be delivered to ship owner Torghatten Nord AS
Ithaca Energy Inc. announces an update on drilling operations and certain operational setbacks at Beatrice and Jacky. Both of the downhole electrical submersible pumps (“ESP”) in the Jacky production well, J01, have developed electrical faults under routine operations. Immediate plans are in effect
Schilling Robotics, LLC, experts in subsea systems, announced the award of new contracts for ROV systems from Subsea 7. A total of three (3) new ROV systems will be supplied for delivery in Q2 2011, including one (1) 150hp, 3,000m rated ACV ROV system and two (2) 150hp, 3,000m rated HD™ ROV systems.
Aker Solutions has received notification that Statoil has exercised options for the engineering, procurement and construction of three subsea work-over systems for use on the Norwegian Continental Shelf. Aker Solutions estimates the contract value of these three extensions to be a total of approxima
The Board of Mediterranean Oil & Gas Plc , the central Mediterranean focussed producer, developer and explorer of oil and gas assets, provides the following operational update on the Guendalina Gas Field. Italy – Concession AC 35 AG – Guendalina Gas Field (MOG interest 20%, ENI 80% and Operator) The
Fugro has been awarded a EUR 3.1 million hydrographic survey contract by the Finnish and Swedish Hydrographic Offices for a 13,000 km2 area taking in shipping routes between Sweden and Finland, in the Gulf of Bothnia, Baltic Sea. The areas to be surveyed in the summer of 2011 are within the Swedish
Subsea 7 S.A. announced the award of a contract with A/S Norske Shell for subsea pipeline installation services for the Ormen Lange Northern Field Development – Mid North Project in the Norwegian Sea. The work is the first call-off under Subsea 7’s Frame Agreement with Shell for Pipeline Installatio
Foster Wheeler AG announced today that a subsidiary of its Global Engineering and Construction Group has received a contract from Statoil Petroleum AS for the pre-front-end engineering (pre-FEED) for the Snøhvit Future Development Project at Statoil’s Melkøya-based LNG facility on Melkøya Island app
Polarcus Limited announces that the Company has received a Letter of Award from Statoil for a 118 square kilometer 4D seismic acquisition project over PL037 Statfjord Nord and Sygna in the Norwegian Sea, offshore Norway. The project, subject to the execution of a service contract, will be acquired d
Golar LNG Limited announced that it has entered into a firm contract to build four 160,000 m3 LNG carrriers with the Korean shipbuilder Samsung Heavy Industries Co Ltd. The newbuilding contracts were originally entered into by Companies affiliated with Golar’s largest shareholder World Shipholding.
TGS-NOPEC Geophysical Company ASA (TGS) has entered into an agreement to acquire 100% of the shares of Stingray Geophysical Limited (Stingray). The transaction will provide TGS with a strong position in the rapidly growing market for Permanent Reservoir Monitoring (PRM) solutions. The acquisition wi
Victrex Polymer Solutions, a division of Victrex plc, the world’s leading manufacturer of high performance polyaryletherketones, and Magma Global Ltd. have signed a collaboration and exclusive material supply agreement that will enable the two companies jointly to address the increasingly harsh and
