Engineering and construction company Clough Limited today announced the appointment of David Crawford as a Non-Executive Director to the Clough Board, effective immediately. Mr Crawford fills the vacancy created by the resignation of Mike Harding in October 2010. Mr Crawford has extensive experience
Statoil has submitted a plan for development and operation (PDO) for the Katla discovery in the North Sea to the Norwegian Ministry of Petroleum and Energy. Total investments are estimated at NOK 5.4 billion in current NOK. The Katla discovery was proven in March 2009, and is situated 13 kilometres
Jan Arve Haugan has been appointed President and Chief Executive Officer (CEO) of Kvaerner. This new engineering, procurement and construction (EPC) company is being established through a demerger of Aker Solutions. Kvaerner will be separate and listed on the Oslo stock exchange, most likely in July
Fugro has reached agreement with JDR Cable Systems (Netherlands) Ltd to acquire JDR Cable Systems Holdings Netherlands BV and its marine cable subsidiary JDR Cable Systems BV, together comprising JDR’s Marine Cables division. JDR Marine Cables designs and produces special marine cables for oil and g
Dockwise Ltd. announces 6 awards for Heavy Marine Transport (HMT) that have recently been secured by its subsidiary Dockwise Shipping with a total contract value of more than USD 34 million. Following the recently closed Master Service Agreement with Seadrill, Dockwise will be transporting the West
A memorandum of understanding (MOU) was signed at 27 April 2011, which outlines the main principles of how Norwegian Ulstein Group and Netherlands based IDEA Heavy Equipment are joining forces. The companies have entered into an MOU which will lead to an operational business in the Netherlands by th
CGGVeritas announced a new joint venture with the Norwegian ship-owner Eidesvik Offshore to manage ten high-capacity 3D vessels in the CGGVeritas fleet, including the two new X-BOW vessels, Oceanic Vega and Oceanic Sirius. The joint venture, CGGVeritas Eidesvik Ship Management AS, will be based in B
BG Norge AS, operator of production licence 522, is in the process of completing the drilling of wildcat well 6604/2-1. The well has been drilled about 45 kilometres southwest of the discovery 6705/10-1 Asterix and 60 kilometres north of the discovery 6603/12-1 Gro. The purpose of the well was to pr
Eidesvik Offshore ASA is setting up a new ship- management joint-venture with the world’s leading international pure-play geophysical company, CGGVeritas, to manage ten high-capacity 3D vessels, including the two new X-BOW vessels, Oceanic Vega and TBN Oceanic Sirius. The joint-venture, CGGVeritas E
Vineyard Power (VP), a community-owned energy cooperative based here, signed an agreement and entered into a partnership with OffshoreMW… By Janet Hefler (mvtimes) [mappress] Source: mvtimes, May 01, 2011;
Schilling Robotics, LLC, experts in subsea systems, announced that C-Innovation has placed a contract for multiple ROV systems in support of their expanding international operations. This contract includes the supply of both HD™ and UHD™ work class ROV systems that will be deployed globally, includi
Statoil has responded on Frifay, 29 April, to questions put by the Petroleum Safety Authority Norway (PSA) in connection with its report into the Gullfaks B gas leak on 4 December 2010. “Concern with health, safety and the environment (HSE) is our first priority,” says Øystein Michelsen, executive v
FLIR Systems, Inc. announced financial results for the first quarter ended March 31, 2011. Revenue was $373.5 million, up 30% compared to first quarter 2010 revenue of $287.3 million. Operating income in the first quarter was $76.6 million, compared to $84.3 million in the first quarter of 2010, and
Blue Offshore announced the appointment of Stijn Folkers to the role of Commercial Director. Folkers will be responsible for the management of Blue Offshore’s Commercial Departments. Folkers has a strong background in the offshore industry. He served most recently as Manager of Contracts at Seaway H
