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Business & Finance

Norway: Saipem Charters SOFF’s CSV
Business & Finance

Norway: Saipem Charters SOFF’s CSV

Solstad Offshore ASA (SOFF) has signed a contract with Saipem Ltd for use of the Construction Service Vessel (CSV) “Normand Oceanic” The duration of the contract is 150 days with commencement end of June 2011. The commercial terms are confidential between the parties, but are in line with present ma

about 15 years ago
Norway: ConocoPhillips Receives Consent for Use of Island Constructor on Ekofisk
Business & Finance

Norway: ConocoPhillips Receives Consent for Use of Island Constructor on Ekofisk

ConocoPhillips Skandinavia AS has received consent to use the Island Constructor mobile facility for well intervention on Ekofisk 2/4 VA. The consent relates to well intervention on the eight 2/4 Victor Alpha injection wells. The activity has a planned duration of 30 days. Island Constructor (photo)

about 15 years ago
OMV Gets Approval to Drill Well 6407/5-2S in Norwegian Sea
Business & Finance

OMV Gets Approval to Drill Well 6407/5-2S in Norwegian Sea

OMV (Norge) AS (OMV) has received consent to carry out exploration drilling of well 6407/5-2S in the Norwegian Sea with the Borgland Dolphin mobile facility. The well will be drilled in production licence 471, with OMV as the operator (50%). The other licensees are Norwegian Energy Company ASA (30%)

about 15 years ago
Norway: ConocoPhillips Receives Consent for Use of Island Constructor on Ekofisk
Business & Finance

Norway: ConocoPhillips Receives Consent for Use of Island Constructor on Ekofisk

ConocoPhillips Skandinavia AS has received consent to use the Island Constructor mobile facility for well intervention on Ekofisk 2/4 VA. The consent relates to well intervention on the eight 2/4 Victor Alpha injection wells. The activity has a planned duration of 30 days. Island Constructor (photo)

about 15 years ago
Brazil: BG Group Doubles its Santos Basin Mean Reserves and Resources Estimate
Business & Finance

Brazil: BG Group Doubles its Santos Basin Mean Reserves and Resources Estimate

BG Group today issued a material upgrade for its interests in the pre-salt Santos Basin, offshore Brazil. Mean Total Reserves and Resources* are now estimated to amount to some 6 billion barrels of oil equivalent (boe) net to BG Group, with an upside potential of 8 billion boe net. Existing discover

about 15 years ago
Helix Well Containment Group Expands its Capabilities (USA)
Business & Finance

Helix Well Containment Group Expands its Capabilities (USA)

The Helix Well Containment Group (HWCG) announced that it is now capable to respond to a subsea well containment incident in water depths of up to 10,000 feet.The consortium previously announced its intention to achieve this milestone by mid-summer, and has achieved this ahead of schedule. Previousl

about 15 years ago
USA: HWCG Makes 10.000 Feet Milestone Ahead of Schedule
Business & Finance

USA: HWCG Makes 10.000 Feet Milestone Ahead of Schedule

The Helix Well Containment Group (HWCG) announced today that it is now capable to respond to a subsea well containment incident in water depths of up to 10,000 feet. The consortium previously announced its intention to achieve this milestone by mid-summer, and has achieved this ahead of schedule. Pr

about 15 years ago
Singapore-Based EOC Bags Charter Contract for Lewek Chancellor in Africa
Business & Finance

Singapore-Based EOC Bags Charter Contract for Lewek Chancellor in Africa

EOC Limited (EOC or the Group), one of Asia’s leading providers of offshore construction and production services to the oil and gas (O&G) sector, has added to its contract backlog, with a new award for the Lewek Chancellor. Under the contract with a French oil major, the Group’s accommodation and co

about 15 years ago
USA: BOEMRE Launches Draft SEIS for Lease Sale in Central GoM
Business & Finance

USA: BOEMRE Launches Draft SEIS for Lease Sale in Central GoM

The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) released a Draft Supplemental Environmental Impact Statement (SEIS) for proposed oil and gas Lease Sale 216/222 in the Central Planning Area in the Gulf of Mexico. The draft SEIS updates the findings in several previously pub

about 15 years ago
Singapore-Based EOC Bags Charter Contract for Lewek Chancellor in Africa
Business & Finance

Singapore-Based EOC Bags Charter Contract for Lewek Chancellor in Africa

EOC Limited (EOC or the Group), one of Asia’s leading providers of offshore construction and production services to the oil and gas (O&G) sector, has added to its contract backlog, with a new award for the Lewek Chancellor. Under the contract with a French oil major, the Group’s accommodation and co

about 15 years ago
China: NOL Group Opens New Terminal at Port of Qingdao with Arrival of APL Dubai
Business & Finance

China: NOL Group Opens New Terminal at Port of Qingdao with Arrival of APL Dubai

NOL Group today opened its new terminal at the Port of Qingdao with the arrival of the APL Dubai. Originally expected to open in the second half of 2011, the joint venture container terminal opened for business well ahead of schedule. “We are happy that we can commence operations earlier than planne

about 15 years ago
Azerbaijan: SOCAR President Visits Oil Rocks Offshore Field
Business & Finance

Azerbaijan: SOCAR President Visits Oil Rocks Offshore Field

On June 27, SOCAR President Mr. Rovnag Abdullayev and Company management visited the Oil Rocks offshore field. During the meeting, SOCAR management was accompanied by representatives of “Azneft” Production Unit and of other enterprises. Mr. Abdullayev and SOCAR officials visited the monument to the

about 15 years ago
Vietnam: PV Shipyard Completes ‘Liftboat H7060A Leg Joining and Installation’ Project
Business & Finance

Vietnam: PV Shipyard Completes ‘Liftboat H7060A Leg Joining and Installation’ Project

After last year accomplishment of “Legs joining and Erection for Lewek Lifter liftboat ” project, PV Shipyard was once again awarded a contract for Teras Conguest liftboat leg joining and installation. In addition to previous leg erection jobs, the cutting, installing and welding of leg components a

about 15 years ago
UK: EnerMech Expects to Have 1000 Employees by 2011 End
Business & Finance

UK: EnerMech Expects to Have 1000 Employees by 2011 End

Mechanical engineering group, EnerMech, is on a major recruitment drive as it forecasts its workforce will grow by one-third from 750 to 1000 by the end of 2011. The Aberdeen-based oil services company currently has 80 vacancies but is hoping to attract ex-military personnel and plans to open two ne

about 15 years ago
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