International energy company Statoil has signed a two year, NOK 66m contract for the Riserless Mud Recovery system (RMR®) from AGR Drilling Services. The deal is for rigs on the Norwegian Continental Shelf. It also includes two optional extension periods of two years each which, if taken, will bring
OceanWorks International and Harris Corporation have signed a strategic alliance agreement to jointly pursue opportunities related to cabled ocean observing, subsea networking, and subsea power distribution equipment and services. OceanWorks and Harris CapRock Communications have developed a modular
International energy company Statoil has signed a two year, NOK66m contract for the Riserless Mud Recovery system (RMR®) from AGR Drilling Services. The deal is for rigs on the Norwegian Continental Shelf. It also includes two optional extension periods of two years each which, if taken, will bring
Oilex Ltd advises that the “Ocean Patriot” rig has arrived at the La Rocca-1 well location and the well was spudded at 3:20 hours (WST) on 30 April 2011. La Rocca-1 is planned to take approximately 41 days days from spud to reach a final total depth of approximately 5,100 metres. Permit The WA-388-P
Vantage Drilling Company reports a net loss of ($18.7) million or ($0.06) per diluted share for the three months ended March 31, 2011 as compared to a net loss of ($13.0) million or ($.05) per diluted share in the fourth quarter of 2010 and net income of $6.0 million or $0.03 per diluted share [&hel
Technip was awarded by Statoil a contract, worth approximately €55 million, for the Vigdis NE field development located in the Norwegian Sea at a water depth of 220 – 310 meters. This contract covers: * welding and installation of flowlines*, including a 1.5 kilometer pipe-in-pipe production flowlin
Technip was awarded by Statoil a contract, worth approximately €55 million (USD 79.19 million) , for the Vigdis NE field development located in the Norwegian Sea at a water depth of 220 – 310 meters. This contract covers: * welding and installation of flowlines*, including a 1.5 kilometer pipe-in-pi
Royal Boskalis Westminster N.V. has recently been awarded a number of contracts in Nigeria with a total value of approximately € 90 million. The largest contract was awarded by Prodeco International Limited and involves dredging and reclamation works for the expansion of the Federal Lighter Terminal
The arbitral panel has on Friday issued a consent order permitting BP and the Alfa-Access-Renova (AAR) consortium to assign the Arctic opportunity to TNK-BP, subject to Rosneft consent. The order also permits the proposed share swap between BP and Rosneft to proceed subject to Rosneft having consent
Ship thrusters designed and manufactured on Teesside, which help vessels manoeuvre and hold position, are to play a key role in a major ocea… (nebusiness) [mappress] Source: nebusiness, May 04, 2011;
Hydratight has gained the “Verify” supplier standard set by First Point Assessment Limited (FPAL). The FPAL rating is a first-stop competency mark which proves to potential customers that Hydratight has achieved identifiable standards in its industry, obviating the need for potential customers to un
ATWOOD OCEANICS, INC., a Houston-based international offshore drilling contractor, announced that one of its subsidiaries has been awarded a one well contract by BHP Billiton Petroleum PTY LTD, with an estimated duration of 45 days in a water depth of 600 feet. The day rate for this contract for the
READ ASA has been awarded an Electrical Wireline (EWL) frame contract – Borehole Seismic services by Statoil for their exploration and production drilling operations on the Norwegian Continental Shelf (NCS) and internationally. It’s a long term contract with several extension options. READ has as a
On Monday the 3rd of May the doors opened for GeoHab 2011 which was held in Espoo in the Helsinki metropolitan area. MMT attended as Silver Sponsors at the three-day conference and gave an oral presentation. Duncan Mallace, Managing Director at NetSurvey Ltd and IVS 3D(UK) did also attend as a Silve