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South Korea: Samsung Heavy Order Book Beats Expectations
Business & Finance

South Korea: Samsung Heavy Order Book Beats Expectations

Samsung Heavy Industries announced on the 6th that it has received an order for two units of drill ships worth a total of USD 1.1225 billion (KRW 1.194 trillion) from Maersk, Denmark. The company successfully received orders worth USD 3.1 billion for six units of LNG tankers and five units of shuttl

about 15 years ago
Norway: NPD Starts Seismic Acquisition in Barents Sea
Business & Finance

Norway: NPD Starts Seismic Acquisition in Barents Sea

Norwegian Petroleum Directorate started acquisition of seismic data in Norway’s new maritime zone in the Barents Sea. PGS will be conducting the acquisition on behalf of the NPD using the vessel R.V. Harrier Explorer. This is the first time this area will be systematically mapped. The seismic acquis

about 15 years ago
TGS to Commence New 2D Survey in Russian Arctic Sea
Business & Finance

TGS to Commence New 2D Survey in Russian Arctic Sea

TGS will commence acquisition of a new 7,700 km 2D survey in the Russian Arctic Sea. Data acquisition will begin in early August with 4,500 km in the Laptev Sea before the vessel moves to the East Siberian Sea to acquire an additional 3,200 km. The survey is in partnership with Dalmornefte Geophysic

about 15 years ago
Norway: Establishment of New Company With Historic Brand
Business & Finance

Norway: Establishment of New Company With Historic Brand

Today’s listing of Kværner ASA at Oslo Børs marks the beginning of a new company with a historic brand. With an international organisation and in-house fabrication yards in place from the start, Kvaerner will be a supplier of some of the world’s most demanding projects for new offshore platforms and

about 15 years ago
Norway: PSA Carries Out Audit of Goliat FPSO Technical Barriers
Business & Finance

Norway: PSA Carries Out Audit of Goliat FPSO Technical Barriers

From 24-26 May 2011, the Petroleum Safety Authority (PSA) carried out an audit of the design and application of technical barriers on Goliat FPSO. Background The audit activity was based on the PSA’s main priority relating to technical and operational barriers. The audit particularly targeted establ

about 15 years ago
Prosafe Secures Contract for Safe Caledonia Rig, Offshore UK
Business & Finance

Prosafe Secures Contract for Safe Caledonia Rig, Offshore UK

Prosafe has been awarded a contract by BG International Limited for the provision of the Safe Caledonia accommodation rig for the North Everest project in the North Sea. This project will commence immediately after the completion of the BG Armada project with the rig thereafter being on hire to BG I

about 15 years ago
Philippines: Galoc JV Announces Upgrade of Mooring and Riser System for FPSO Rubicon Intrepid
Business & Finance

Philippines: Galoc JV Announces Upgrade of Mooring and Riser System for FPSO Rubicon Intrepid

Otto Energy Ltd. attach an announcement by the Galoc Production Company (GPC) regarding an upgrade of the mooring and riser system for the FPSO Rubicon Intrepid operating at the Galoc field. The new turret mooring system is designed to substantially increase the reliability and uptime of the FPSO an

about 15 years ago
AXYS Releases Research on Value of Environmental Monitoring in Renewable Energy Developments (Canada)
Business & Finance

AXYS Releases Research on Value of Environmental Monitoring in Renewable Energy Developments (Canada)

Although a relatively new technology, off shore wind energy is the leader of the three technologies with 2,946 MW currently deployed in Europe, and plans for North America’s first off shore wind farm to be developed during 2012. The wave and tidal energy industries are at an earlier stage, lacking t

about 15 years ago
SBM Offshore Signs Partnership Agreement for Timor Sea FLNG
Business & Finance

SBM Offshore Signs Partnership Agreement for Timor Sea FLNG

SBM Offshore, The Linde Group’s Engineering Division, PTT FLNG Limited and PTTEP Australasia have signed a partnership agreement for the development of a Floating Liquefied Natural Gas (FLNG) facility in the Timor Sea off Northern Australia. The project foresees floating production of LNG from three

about 15 years ago
Cyprus: Songa Offshore Receives LOA from Petronas
Business & Finance

Cyprus: Songa Offshore Receives LOA from Petronas

Songa Offshore SE announces that the Company has received a Letter Of Award (LOA) from Petronas Carigali SDN. BHD for the use of Songa Venus for a 1 year firm plus 1 year option Drilling Contract. The LOA is conditional to mutual agreement of contract terms between the parties. The firm part of the

about 15 years ago
Cameroon: Bowleven Inks Etinde PSC Exploration Extension
Business & Finance

Cameroon: Bowleven Inks Etinde PSC Exploration Extension

Bowleven, the West Africa focused oil and gas exploration group traded on AIM, announces the following update on activities on the Etinde Permit, offshore Cameroon. Etinde PSC Extension In accordance with the provisions of the Etinde PSC, Ministerial approval has been received from the Government of

about 15 years ago
Philippines: Galoc JV Announces FPSO Rubicon Intrepid Upgrade
Business & Finance

Philippines: Galoc JV Announces FPSO Rubicon Intrepid Upgrade

Otto Energy Ltd. attach an announcement by the Galoc Production Company (GPC) regarding an upgrade of the mooring and riser system for the FPSO Rubicon Intrepid operating at the Galoc field. The new turret mooring system is designed to substantially increase the reliability and uptime of the FPSO an

about 15 years ago
Hyperdynamics Appoints Paul C. Reinbolt as New CFO and Executive Vice President (USA)
Business & Finance

Hyperdynamics Appoints Paul C. Reinbolt as New CFO and Executive Vice President (USA)

Hyperdynamics Corp. announced that it has appointed Paul C. Reinbolt as its new Chief Financial Officer and Executive Vice President. Reinbolt will join the company effective August 8. Reinbolt is retiring from Marathon Oil Corporation after more than 30 years with the company, most recently serving

about 15 years ago
Australia: Greens Want PTTEP FLNG Project Under Microscope
Business & Finance

Australia: Greens Want PTTEP FLNG Project Under Microscope

(AAP) – The Greens have called on the federal government to heavily scrutinise Thai-based oil and gas producer PTTEP over its plans to … Sydney Morning Herald [mappress] Source: Sydney Morning Herald, July 8, 2011;

about 15 years ago
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