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Business & Finance

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InterMoor Opens New Mooring Equipment Yard (Singapore)
Business & Finance

InterMoor Opens New Mooring Equipment Yard (Singapore)

InterMoor, an Acteon company, has opened its new mooring equipment yard at Loyang offshore supply base in Singapore. The new facility provides mooring equipment storage and an ideal support location for maintenance, preparation and mobilization. Allowing easier access, this purpose-built yard will m

about 14 years ago
Kongsberg Delivers HUGIN 1000 AUV to DOF Subsea (Norway)
Business & Finance

Kongsberg Delivers HUGIN 1000 AUV to DOF Subsea (Norway)

Kongsberg Maritime has delivered a cutting-edge AUV package featuring an advanced HUGIN 1000 Autonomous Underwater Vehicle (AUV) and sophisticated multibeam echo sounder to DOF Subsea. The Bergen, Norway headquartered subsea services provider has already deployed the 3000 metre depth rated HUGIN AUV

about 14 years ago
Second DST Flows Gas to Surface at Heron South-1 (Australia)
Business & Finance

Second DST Flows Gas to Surface at Heron South-1 (Australia)

MEO Australia Limited provides the following update in relation to Heron South-1 being drilled in NT/P68, operated by Eni Australia Ltd (Eni). Since the last report the second of the two planned production test programs has been run. Drill Stem Test (DST) #2 flowed gas to surface. Gas composition an

about 14 years ago
Norway: ABB Wins $170 Mln Contract for Martin Linge Subsea Power Link
Business & Finance

Norway: ABB Wins $170 Mln Contract for Martin Linge Subsea Power Link

ABB, the leading power and automation technology group, has won a contract worth $ 170 million from Subsea 7, to build a power link between a new oil and gas field being developed by Total E&P Norge AS in the North Sea and the Norwegian power grid. The Martin Linge (formerly known as Hild) field [&h

about 14 years ago
Svitzer Middle East Orders Two Damen Stan Tugs 1606
Business & Finance

Svitzer Middle East Orders Two Damen Stan Tugs 1606

Damen Shipyards Group has signed a contract with Svitzer Middle East for the delivery of two Damen Stan Tugs 1606. The contract was signed during the second day of Seatrade Middle East Maritime exhibition in Dubai. Svitzer is in need for both tugs due to a recent charter contract with Danish stevedo

about 14 years ago
EPC Offshore to Increase Workforce by 50 Pct (UK)
Business & Finance

EPC Offshore to Increase Workforce by 50 Pct (UK)

Specialist oil and gas project management company EPC Offshore Limited has appointment a new head of HR to help meet its ambitious goal of growing employee numbers by 50% in the next 12 months. A Fellow of the Charted Institute of Personal Development, Morag Ormiston will advance the company’s forma

about 14 years ago
MOG Secures One Year Licence Extension for Malta Offshore Area 4
Business & Finance

MOG Secures One Year Licence Extension for Malta Offshore Area 4

Mediterranean Oil & Gas Plc announces that the Government of Malta has granted a one year extension of the first exploration phase of the Production Sharing Contract (“PSC”) for Malta Offshore Area 4 (“Area 4”) to January 2014. The Area 4 PSC licence is currently owned 100% by MOG through its wholly

about 14 years ago
DSIC-Offshore Told to Suspend Work on Rigs’ Jacking Systems (China)
Business & Finance

DSIC-Offshore Told to Suspend Work on Rigs’ Jacking Systems (China)

Prospector Offshore Drilling S.A.(PROS), which has four jack-up rigs under construction in Dalian Shipbuilding Industry Offshore Co. Ltd. (DSIC-Offshore), was informed on Wednesday that DSIC-Offshore has been notified by Friede & Goldman Marketing BV (F&G) to temporarily suspend work on the Rigs’ ja

about 14 years ago
The Netherlands: IHC Merwede Presents IHC Beaver 65 DDSP
Business & Finance

The Netherlands: IHC Merwede Presents IHC Beaver 65 DDSP

IHC Merwede has introduced the IHC Beaver® 65 DDSP, the successor to the highly successful IHC Beaver® 6518. The IHC Beaver® 65 DDSP is part of the IHC Beaver® series of standard cutter suction dredgers. It is built for stock with short delivery times and designed and built under the BV Coastal Area

about 14 years ago
Wintershall Norge to Drill in Production Licence 457 (Norway)
Business & Finance

Wintershall Norge to Drill in Production Licence 457 (Norway)

The Norwegian Petroleum Directorate has granted Wintershall Norge AS a drilling permit for well 16/1-16 A, cf. Section 8 of The Resource Management Regulations. Well 16/1-16 A will be drilled from the Bredford Dolphin semi-submersible driilling rig at position 58°54’47.77″ north 02°15’54.65’’ east o

about 14 years ago
MEO: Preps Underway for Production Tests at Gurame (Indonesia)
Business & Finance

MEO: Preps Underway for Production Tests at Gurame (Indonesia)

MEO Australia Limited provides the following update in relation to Gurame SE-1XST being drilled in the Seruway PSC, offshore North Sumatra, Indonesia, in which MEO holds a 100% interest. Since the last report wireline logging operations have been completed. The significant difficulties in stabilizin

about 14 years ago
Oceanographic Ship Yantar Launched in Russia
Business & Finance

Oceanographic Ship Yantar Launched in Russia

Project 22010 oceanographic ship with unlimited operational zone was put afloat today at Yantar Shipyard in Kaliningrad, reports Business-TASS. “Lead oceanographic ship being built by Yantar shipyard under crucially new Project 22010 is designed for deep-water researches of the World Ocean and its b

about 14 years ago
USA: Chevron to Invest $33 Bln in Exploration and Production in 2013
Business & Finance

USA: Chevron to Invest $33 Bln in Exploration and Production in 2013

Chevron Corporation announced a $36.7 billion capital and exploratory investment program for 2013. Included in the 2013 program are $3.3 billion of planned expenditures by affiliates, which do not require cash outlays by Chevron. “Consistent with long-stated strategies, we’re investing in a portfoli

about 14 years ago
InterMoor Opens New Mooring Equipment Yard in Singapore
Business & Finance

InterMoor Opens New Mooring Equipment Yard in Singapore

InterMoor, an Acteon company, has opened its new mooring equipment yard at Loyang offshore supply base in Singapore. The new facility provides mooring equipment storage and an ideal support location for maintenance, preparation and mobilization. Allowing easier access, this purpose-built yard will m

about 14 years ago
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