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Business & Finance

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Statoil and AGR Drilling Sign Two Year Contract for Riserless Mud Recovery System (Norway)
Business & Finance

Statoil and AGR Drilling Sign Two Year Contract for Riserless Mud Recovery System (Norway)

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

about 15 years ago
OceanWorks and Harris Corporation Sign Strategic Alliance Agreement (USA)
Business & Finance

OceanWorks and Harris Corporation Sign Strategic Alliance Agreement (USA)

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

about 15 years ago
Norway: AGR Wins Contract from Statoil for its RMR® System
Business & Finance

Norway: AGR Wins Contract from Statoil for its RMR® System

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

about 15 years ago
Oilex Announces Spud of La Rocca Well at WA-388-P, Offshore Australia
Business & Finance

Oilex Announces Spud of La Rocca Well at WA-388-P, Offshore Australia

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

about 15 years ago
Platinum Explorer Contract in India Sends Vantage’s Quarterly Revenue Up
Business & Finance

Platinum Explorer Contract in India Sends Vantage’s Quarterly Revenue Up

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

about 15 years ago
Norway: Technip Wins USD 79.2 Million Subsea Contract from Statoil for Vigdis Field
Business & Finance

Norway: Technip Wins USD 79.2 Million Subsea Contract from Statoil for Vigdis Field

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

about 15 years ago
Norway: Statoil Awards Technip Vigdis NE Field Development Contract
Business & Finance

Norway: Statoil Awards Technip Vigdis NE Field Development Contract

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

about 15 years ago
Boskalis Wins EUR 90 Million Worth of Contracts in Nigeria
Business & Finance

Boskalis Wins EUR 90 Million Worth of Contracts in Nigeria

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

about 15 years ago
Russia: Arbitral Panel Approves Conditional Share Swap Between Rosneft and BP
Business & Finance

Russia: Arbitral Panel Approves Conditional Share Swap Between Rosneft and BP

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

about 15 years ago
Tees Components to Supply Thrusters for Research Vessel for Survey Offshore Alaska (USA)
Business & Finance

Tees Components to Supply Thrusters for Research Vessel for Survey Offshore Alaska (USA)

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;

about 15 years ago
Hydratight Gains ‘Verify’ Supplier Standard Set by FPAL (UK)
Business & Finance

Hydratight Gains ‘Verify’ Supplier Standard Set by FPAL (UK)

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

about 15 years ago
USA: Atwood Oceanics Secures Contract for its Atwood Eagle Rig
Business & Finance

USA: Atwood Oceanics Secures Contract for its Atwood Eagle Rig

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

about 15 years ago
Norway: Read ASA Wins EWL Frame Contract from Statoil
Business & Finance

Norway: Read ASA Wins EWL Frame Contract from Statoil

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

about 15 years ago
MMT & NetSurvey Attended GeoHab 2011 in Helsinki (Finland)
Business & Finance

MMT & NetSurvey Attended GeoHab 2011 in Helsinki (Finland)

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

about 15 years ago
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