Vard Holdings Limited, one of the major global designers and shipbuilders of offshore and specialized vessels, announced that it has entered into a Letter of Intent with Simon Møkster Shipping for the design and construction of one Platform Supply Vessel (PSV). The shipbuilding contract for the desi
Emerald Networks, a new-build network submarine cable system that will connect North America to Europe and Iceland with extraordinary new capacity, announced today the signing of an agreement with Mayo County Council. Under this agreement, Mayo County Council will provide certain rights and required
Tap Oil, an independent oil and gas exploration company from Australia, has provided the following update of the Bianchi-1 gas appraisal well in Retention Lease WA-49-R, located off Western Australia. During the period from 0600 hours (AWST) on 15 April 2013 to 0600 hours (AWST) on 23 April 2013, th
Mokveld have been awarded the subsea anti-surge control valves order for the Åsgard Subsea Gas Compression Project. Subsea gas compression is a technology approach that can boost recovery rates and lifetimes of offshore gas fields. Aker Solutions – at the forefront of subsea gas compression – was aw
Mokveld has been awarded the subsea anti-surge control valves for the Aasgard Subsea Gas Compression Project. Subsea gas compression is a technology approach that can boost recovery rates and lifetimes of offshore gas fields. Aker Solutions – at the forefront of subsea gas compression – was awarded
Keppel Corporation Limited (Keppel Corporation) has today announced the formation of Ocean Mineral Singapore Pte. Ltd. (OMS), which intends to explore for polymetallic nodules several kilometres beneath the ocean’s surface. Polymetallic nodules contain copper, nickel, cobalt and manganese, as well a
Prysmian Group, world leader in the energy and telecom cable systems industry, has been awarded a new contract worth approximately 85 million euro by REE (Red Eléctrica de España, S.A.U.), the Transmission System Operator of the Spanish electricity system, for the second circuit of the interconnecti
Island Offshore, a leading name in global Light Well Intervention (“LWI”) activities, has been awarded a major contract extension with BP Exploration Operating Company Ltd (“BP”), one of the world’s most respected international energy companies. The two-year contract extension, covering 2014 and 201
Integra Group announced that it has signed a multi-year service contract with JSC Yamal LNG. The agreement covers development drilling services to be provided at the South-Tambeyskoye field on the Yamal peninsula on a day-rate basis. The contract was signed by Integra Group’s subsidiary Integra-Dril
Statoil ASA has employed the services of SPX’s ClydeUnion Pumps as prime contractor in the development of the next generation Advanced Electrical Submersible Pump (AESP). The AESP will be designed to address the offshore oil and gas industry’s increasingly challenging operating conditions. During th
SeaBird Exploration Plc (“SeaBird”) will, in partnership with GeoPartners Ltd (“GeoPartners”), commence a project offshore Namibia. The 2D acquisition program is of approximately 4,700km and will be acquired using the survey vessel Osprey Explorer currently in transit to Walvis Bay. Commencement is
Saipem has been awarded new E&C Offshore contracts in Latin America for the total value of approximately $500 million. In Venezuela, Saipem signed with Cardon IV, a 50/50 joint-venture between Eni and Repsol, T&I contracts for the development of the Perla EP Project, in the Gulf of Venezuela. The sc
DeepOcean UK, a subsidiary of DeepOcean Group Holding BV, today announced that it has acquired a 50% interest in the leading 3D sonar visualisation company ADUS to form ADUS DeepOcean Ltd. ADUS, originally a spin out from the University of St Andrews and Dundee University, has rapidly acquired a glo
Pars Oil and Gas Company (POGC) has signed six agreements with domestic companies and contractors. The first agreement was for drilling four wells in Phase 1 of the giant offshore South Pars gas field for 140 million dollars. It was signed with the National Iranian Drilling Company (NIDC). The drill
