Norwegian Energy Company ASA (Noreco) is pleased to announce that the drilling of exploration well 6407/5-2S in license PL471 in the Norwegian Sea is about to be completed, and has resulted in a small gas discovery. The well objectives were to prove hydrocarbons in the Chamonix prospect, a stratigra
GSP announces its drilling fleet has been extended up to seven offshore mobile drilling rigs and a modular one. GSP Britannia (ex. Britannia) and GSP Fortuna (ex. G.H. Galloway) entered GSP’s fleet in August. GSP Fortuna is an ABS class three legged independent leg cantilever jack-up rig reaching th
Electromagnetic Geoservices ASA (EMGS) has entered into an agreement to acquire OHM Surveys Holding AS (OHM), a marine electromagnetic (EM) acquisition company, from certain funds controlled by Sector Asset Management and Seatrans Group (Euro Trans Skips AS) for USD 15.75 million in a stock-for-stoc
Antrim Energy Inc. , a partner in the Causeway Field located in UKCS Block 211/22a South West Area and Block 211/23d (Antrim 35.5%) announces submission of the final Field Development Plan (“FDP”) to the Department of Energy and Climate Change (“DECC”) and that Board approval has been gained from pa
Scorpio Ship Management s.a.m. (“SSM”) recently announced that its managed vessel, STI Heritage, has successfully completed a voyage from Vitino, Russia to Map Ta Phut, Thailand, via the Northern Sea Route (“NSR”). This is the first such voyage for a vessel managed by SSM. The NSR, which connects th
Foster Wheeler AG announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Aibel AS for the provision of detailed design engineering services to support Aibel, which has been appointed by Statoil as the main engineering, procurement and constr
Shares in struggling Neptune Marine Services jumped at the open after the company revealed late yesterday its board had rejected a takeover… The West Australian [mappress] Source: The West Australian, August 31, 2011;
Through its Brazilian subsidiary, Norskan Offshore, DOF has signed a contract with Petrobras for Skandi Botafogo. The contract will commence in third quarter 2011 and has a firm duration of 2 years. Skandi Botafogo is an AHTS of UT 722 L design built in Brazil in 2006. Anchor Handling Tug Supply Ves
New sea-going ice-class tug was launched at Khabarovsk Shipyard on Aug 26. The solemn launching ceremony was attended by the shipyard’s directors, representatives of Khabarovsk Territory Government, Russian Navy, and Khabarovsk eparchy. Deputy minister of regional industry and transport Sergei Ivash
Det norske oljeselskap ASA successfully raised NOK 489 million (USD 91.2 million ) in private placements directed towards Norwegian and International investors. The Issue was oversubscribed. The price was set at NOK 44.0 per share (USD 8.2 ). 11 111 111 shares will be issued following the Private Pl
A&P Tees ship repair yard has given another TV star a much-needed “makeover”. The Middlesbrough yard is gaining a reputation for giving vessels which have appeared on the small screen a new lease of life. Last year they restored the Tall Ship winner Christian Radich, star of the BBC TV series The On
Petsec Energy advises that the Marathon #2 well was drilled to a total depth of 21,160 feet (6,450 metres) and electric logging was completed. The well is a follow up to the successful #1 well and is situated in 8 feet (2.4 metres) of water approximately 900 metres from the #1 well location. The #2
AC-3 – a new regular ocean container line of Maersk – launched a service to the container terminal Vostochnaya Stevedoring Company LLC (a Global Ports group company). The first vessel to call at the VSC terminal was a 4,389 TEU Maersk Drammen. For convenience of the customers, the VostochnyPort has
N.E.I. Treatment Systems announced today the receipt of its first order from Bohai Shipbuilding Heavy Industry for two Venturi Oxygen Stripping(TM) (VOS) Ballast Water Treatment Systems (BWTS) to be installed aboard two 320,000 DWT VLCCs being built for Sovcomflot. Bohai is a subsidiary of the China