Aker Solutions has signed a contract with Endeavour Energy UK, a subsidiary of Endeavour International Corporation, to supply subsea umbilicals and associated equipment for the East Rochelle development project located offshore UK. The contract value is approximately NOK 83 million (USD 15 million).
Maersk Drilling and Maersk Training have invested in a state-of-the-art drilling simulator from Drilling Systems (UK) Ltd. The fully immersive drilling simulator will provide a real-life experience and will be customized to incorporate the specific designs of Maersk Drilling’s latest newbuilding ser
Neptune Marine Services Ltd announced the appointment of Colin Napier as Chief Financial Officer, effective 1 August 2011. Mr Napier has been a consultant to Neptune for the past six months redesigning the Company’s Board and management reporting and assisting with financial management systems to en
Polarcus Limited announced that the Company has signed a term sheet for a bank facility of USD 410 million with DnB NOR Bank ASA and DVB Bank SE, Nordic Branch, together with Garanti-instituttet for Eksportkreditt (GIEK) and Eksportfinans ASA (the “Fleet Bank Facility”). The Fleet Bank Facility is o
The audit of emergency preparedness on Åsgard B was carried out in parallel with an audit of employee involvement from 18-20 May 2011. During 18-20 May 2011, the Petroleum Safety Authority Norway (PSA) carried out an audit activity targeting Åsgard B, which is a floating production facility for gas
The Board of Directors of Schlumberger Limited announced today that Andrew Gould, Chairman and Chief Executive Officer of Schlumberger Limited will retire as Chief Executive Officer effective August 1st 2011. Mr. Gould will continue to serve as Chairman of the Board until the annual general meeting
Leading international classification society Bureau Veritas has slashed the reporting time for a Condition Assessment Programme report from three months to one month, and at the same time improved the accessibility and usability of the report. The dramatic shortening of time for the CAP programme re
Senator Jim Webb today called for the Energy and Natural Resources Committee to incorporate his Virginia Outer Continental Shelf (OCS) Energy Production Act in pending offshore energy legislation this week. “Outer Continental Shelf production has strong support among Virginians and their political l
HRT Participações em Petróleo S.A. , announces that on July 19th, acquistion was concluded on the 5,278 km2 3D seismic program over HRT’s offshore blocks 2112B and 2212A in Walvis Basin, as seen in the image attached hereto. This survey was conducted by the Polarcus Naila vessel. In January 2011, HR
Statoil has secured consent to conduct exploration drilling in the central part of the North Sea using the COSLPioneer mobile facility. The consent relates to the drilling of exploration well 15/8-2 in production licence 303. The well is located about 250 kilometres southwest of Stavanger. The conse
LUKOIL Overseas, a wholly-owned subsidiary of OAO LUKOIL, has acquired from the private company ORANTO Petroleum a 70% stake in the … Source: IBTimes [mappress] Source: IBTimes, July 20, 2011;
Flexlife, an oil & gas industry specialist in subsea project and integrity management, has opened a new base in Newcastle and plans to recruit 25 staff by the end of this year, rising to 50 within 18 months. The award-winning company has appointed Andrew Lake as Director of Operations in Newcastle.
ScottishPower today announces the appointment of Keith Anderson as Chief Corporate Officer. The appointment follows an extensive internal and external recruitment process which fully considered a number of strong candidates. Keith takes on this role which is based in Glasgow, whilst retaining his po
ScottishPower today announces the appointment of Keith Anderson as Chief Corporate Officer. The appointment follows an extensive internal and external recruitment process which fully considered a number of strong candidates. Keith takes on this role which is based in Glasgow, whilst retaining his po
