After having developed the concept and basic design for Heerema’s new monohull vessel, Ulstein Group´s Dutch based design company, Ulstein Sea of Solutions (USOS), has now also been awarded the further engineering of the vessel with the selected shipyard, DSME of South Korea. In February 2010, USOS
Vessel utilization is defined as the percentage of the full quarter where the vessel is in paid work either in the form of acquisition, mobilization, demobilization, steaming, standby or other. The vessel utilization for the 9 seismic vessels operated by SeaBird for Q3 2010 was 66%, down from 76% in
CGGVeritas provides its vessel utilization and its fleet allocation updates for the third quarter of 2010. Vessel utilization for the third quarter 2010: * The vessel availability rate1 was 87%. This compares to a 92% availability rate in the second quarter of 2010 and a 90% rate in the third quarte
Ithaca Energy Inc. and its wholly owned subsidiary Ithaca Energy (UK) Limited , an independent oil & gas company with exploration, development and production assets in the UK sector of the North Sea, announces third quarter production and the completion of the first workover in a five well workover
WGP announced the successful completion of BP’s Valhall Life of Field Seismic (LoFS) no. 12 survey on time and in budget. The M/V Stril Myster has been fully demobilised and returned to supply vessel duties for BP. In 2003 BP installed its LoFS Ocean Bottom Cable (OBC) array and contracted WGP to de
Nordic LNG has signed a supply agreement with Gyproc AS in Fredrikstad for supply of natural gas from the LNG terminal currently under construction in the Øra industrial area. Supply will start as soon as the LNG-terminal has been completed, expected mid 2011. Gyproc is part of the Saint-Gobain grou
EnCore Oil plc announces initial results of the second side-track on UK Northern North Sea Block 210/29a which contains the Cladhan discovery. Well 210/29a-4Y, the second side-track to be drilled on the Cladhan discovery, was drilled to a total measured depth of 11,530 feet, approximately 1km to the
Financial Results for the Half Year ending June 30th 2010 Revenues for the first half of 2010 were up 8.3% to €11.335 million from €10.464 million due to increased volumes, product mix and the strength of the dollar relative to the euro. The average oil price per barrel achieved in H1 2010 was $78.4
BP is to create a new safety division with sweeping powers to oversee and audit the company’s operations around the world. The Safety & Operational Risk function will have authority to intervene in all aspects of BP’s technical activities. It will have its own expert staff embedded in BP’s operating
The State Oil Company of Azerbaijan (SOCAR) continues developing offshore gas production. [mappress] Source: AzerbaijanBusinessCenter,September 29, 2010,
Roxtec has secured another major deal in the oil and gas sector to supply its cable seals to an upgrade of the UK’s most established Liquefi… (hazardexonthenet) [mappress] Source: hazardexonthenet, September 28, 2010;
Rockhopper Exploration plc , the North Falkland Basin oil and gas exploration company, completed operations, on 25 September 2010, to safely plug and abandon the Sea Lion 1 well – the first oil discovery and Contingent Oil Resource in the North Falkland Basin. Rockhopper has released the Ocean Guard
Ithaca Energy Inc. and its wholly owned subsidiary Ithaca Energy (UK) Limited (“Ithaca” or the “Company”), an independent oil & gas company with exploration, development and production assets in the UK sector of the North Sea, is pleaannounced it has received Field Development Plan (“FDP”) approval
Russia’s energy giant Gazprom will buy 15 cargoes, or 0.9 million tonnes, of liquefied natural gas from French power group GDF Suez over two… [mappress] Source: cnbc, September 22, 2010;
