After a turbulent period the Noordhoek Group has finalized and formalized a re-launch of the group. By attracting external capital the company is to proceed to operate at the same location in Zierikzee, while the vast majority of the quality staff will be able to join the company. The investment com
P/F Atlantic Petroleum announces that its wholly owned subsidiary, Atlantic Petroleum UK Limited, has signed a share purchase agreement to acquire the entire issued share capital of the UK-based private exploration company, Volantis Exploration Limited. Volantis Exploration holds equity in a total o
Following a NOK18m (£2m) deal, AGR Drilling Services has an important new client for its Riserless Mud Recovery system (RMR®). Oil and gas company E.ON Ruhrgas UK E&P Ltd has signed a contract with AGR to use its innovative RMR® technology in the North Sea. The contract, which lasts until the end of
DeepOcean Group Holding AS , a new Norwegian private limited company, announced that it has commenced operations as an independent company following the successful completion of an out-of-court restructuring of the former Trico Supply Group of Trico Marine Services, Inc. . Pursuant to the out-of-cou
There has been some disinformation in the media concerning the Underwater Technology Conference and other petroleum exhibitions concentrated in Western Norway. The UTC is hosted by The Underwater Technology Foundation (UTF). The UTF was set up during the pioneering period of the Norwegian petroleum
Geo Networks (Geo), a provider of high-performance fibre networks, has signed a commercial agreement with EirGrid, Ireland’s prominent electricity system operator and developer, to provide a second fibre optic subsea cable between the UK and Ireland. This route forms the second half of the diverse f
Dron & Dickson, specialist in design, supply and maintenance of hazardous area electrical equipment, has secured long-term contract renewal with an oil major valued at up to £45million. The five-year deal, with options to extend by up to a further four years, involves supplying electrical equipment
Fugro Subsea Services Ltd. in Aberdeen, Scotland has taken delivery of their latest OCV vessel “Fugro Symphony” . The vessel is built by Bergen Group at BMV in Bergen. “Fugro Symphony” is of ST-327L CD design, developed by Skipsteknisk. The vessel is based on the previously built ST-327 serie of Sei
Statoil has received consent for extended use of the facilities on the Norne field beyond design life up to and including 31 December 2021. Norne is an oil field belonging to production licence 128. The field is located in the Norwegian Sea in blocks 6608/10 and 6608/11, and came online in November
GC Rieber Shipping is optimistic about the further development in 2011. “All the company’s vessels are now on relatively long contracts, which will contribute to solid and stable earnings going forward. In addition, we consider the outlook to be good in our market segments from 2012”, says CEO Irene
The Petroleum Safety Authority Norway (PSA) has granted BP Norge AS consent to carry out manned underwater operations (MUO). The consent relates to diving in connection with the projects ”Valhall Re-Development” (VRD) and ”Skarv Diving 2011”. The work has a planned duration of approx. 14 days both o
Atkins’ expertise in geotechnical engineering has been cemented at the prestigious 2011 Ground Engineering Awards as the consultancy was recognised in three award categories. The first honour went to Benoit Latapie, who was named Young Geotechnical Engineer of the Year. Benoit, 27, joined Atkins fre
ABB, the leading power and automation technology group, has won an order worth about $20 million from EMAS AMC, the deepwater services arm of Ezra Holdings Limited, to supply power cables for Statoil’s Gudrun North Sea oil and gas field, located off the coast of Norway. ABB will deliver 55 kilometer
Wireline and well intervention technology specialist Wireline Engineering has secured £1.25million worth of international contracts in the last three months and completed first work in a number of new markets for the company. The Aberdeen-headquartered company has won new contracts in Saudi Arabia,
