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Business & Finance

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Operations & MaintenanceEquipment
Statoil Extends Contract for Ocean King Vessel (Norway)
Business & Finance

Statoil Extends Contract for Ocean King Vessel (Norway)

Statoil ASA has declared all remaining 3 years options for the Ocean King. The firm period is now until 2nd July 2014. Ocean King is relocated to the Norne field with Sandnessjøen as base and Crew change port. Statoil’s declaration shows that vessel and Crew have served Statoil in an excellent manne

about 15 years ago
Russia: OMK Completes Pipe Deliveries for Nord Stream Pipeline Phase 2
Business & Finance

Russia: OMK Completes Pipe Deliveries for Nord Stream Pipeline Phase 2

As scheduled, April 23, 2011, Vyksa Steel Works (VSW, Nizhni Novgorod Region), part of United Metallurgical Company (OMK), completed its deliveries of large-diameter pipes (LDP) for the construction of Phase 2 of the international gas pipeline Nord Stream. From May 2010 to April 2011, more than 200

about 15 years ago
OceanTools Invests USD 1.6 Million in New Headquarters (UK)
Business & Finance

OceanTools Invests USD 1.6 Million in New Headquarters (UK)

OceanTools, which designs and manufactures products for the subsea ROV and robotics industry, has made a million pound investment in new build headquarters in Aberdeen. The custom built offices, situated within the Aberdeen Science and Technology Park, are almost four times as large as the company’s

about 15 years ago
BP-Funded GRI Research Board Releases Request for Proposals for Studies of Macondo Incident Effects
Business & Finance

BP-Funded GRI Research Board Releases Request for Proposals for Studies of Macondo Incident Effects

BP and the Gulf of Mexico Alliance announced today that the independent Research Board of the Gulf of Mexico Research Initiative (GRI) has released its Request for Proposals for studies into the effects of the Deepwater Horizon incident and the potential associated impact on the environment and publ

about 15 years ago
Vyksa Steel Works Completes Delivery of Large-Diameter Pipes for Nord Stream Project
Business & Finance

Vyksa Steel Works Completes Delivery of Large-Diameter Pipes for Nord Stream Project

As scheduled, April 23, 2011, Vyksa Steel Works, part of United Metallurgical Company (OMK), completed its deliveries of large-diameter pipes (LDP) for the construction of Phase 2 of the international gas pipeline Nord Stream. From May 2010 to April 2011, more than 200 thousand tonnes of pipes of 1,

about 15 years ago
Norway: Statoil Signs Three Year Extension Contract for Ocean King Vessel
Business & Finance

Norway: Statoil Signs Three Year Extension Contract for Ocean King Vessel

Statoil ASA has declared all remaining 3 years options for the Ocean King. The firm period is now until 2nd July 2014. Ocean King is relocated to the Norne field with Sandnessjøen as base and Crew change port. “Statoil’s declaration shows that vessel and Crew have served Statoil in an excellent mann

about 15 years ago
New Zealand: Police Charges Skipper of Protest Boat
Business & Finance

New Zealand: Police Charges Skipper of Protest Boat

Police have charged the skipper of a boat who was arrested on Saturday while protesting against oil exploration off the East Cape of the… (radionz) [mappress] Source: radionz, April 26, 2011

about 15 years ago
Norway: Bergen Group to Deliver Deck Cranes to Undisclosed European Costumer
Business & Finance

Norway: Bergen Group to Deliver Deck Cranes to Undisclosed European Costumer

Bergen Group Dreggen AS, a subsidiary of Bergen Group ASA, has been awarded a new contract for the delivery of two deck cranes units with 35T lifting capacity and a smaller provisions deck crane to a European customer. The total order value is NOK 15 million, and the delivery is expected to be compl

about 15 years ago
Mexico: Prosafe Signs Contract Extensions for 2 Accommodation Rigs. Wins LOI for Safe Bristolia
Business & Finance

Mexico: Prosafe Signs Contract Extensions for 2 Accommodation Rigs. Wins LOI for Safe Bristolia

Prosafe has been awarded a Letter of Intent by Interpetroleum Services Limited (“charterer”) for a bareboat contract for the Safe Bristolia, and contract extensions for the Jasminia and Safe Hibernia. The three rigs are going to be used at Pemex’ Cantarell field in Mexico. The Safe Bristolia bareboa

about 15 years ago
UK: Ithaca Enters Earn In Deal with CMI for Hurricane Discovery
Business & Finance

UK: Ithaca Enters Earn In Deal with CMI for Hurricane Discovery

Ithaca Energy Inc. announces today that it has signed an Earn In agreement with Challenger Minerals (North Sea) Limited (“CMI”) on the Hurricane discovery (“Hurricane”) in Block 29/10b, within the Ithaca operated Greater Stella Development Area. Hurricane was discovered in 1995 by well 29/10-4Z whic

about 15 years ago
Flowserve Successfully Completes Testing of Subsea Electric Motor (USA)
Business & Finance

Flowserve Successfully Completes Testing of Subsea Electric Motor (USA)

Flowserve Corporation, a leading provider of flow control products and services for the global infrastructure markets, announced the successful completion of full load performance testing of a 6.6 kV, 3.5 MW, high-torque subsea electric motor. This 4-pole motor is one of the world’s largest oil-fill

about 15 years ago
DEME in 2010 – Nearshore and Offshore Marine Works (Belgium)
Business & Finance

DEME in 2010 – Nearshore and Offshore Marine Works (Belgium)

DEME is one of the largest marine engineering companies in the world. From its core activities, dredging and civil marine engineering, the group has developed complementary activities such as environmental engineering (treatment of soil and sludge), services for the oil and gas sector and extraction

about 15 years ago
Falkland Islands: Rockhopper Secures Additional Well Slot on Ocean Guardian Rig
Business & Finance

Falkland Islands: Rockhopper Secures Additional Well Slot on Ocean Guardian Rig

Rockhopper Exploration plc, the North Falkland Basin oil and gas exploration company, announces that it has entered into a further assignment agreement to secure an additional well slot on the Ocean Guardian drilling rig(photo). Rockhopper now intends to utilise four well slots in succession. Rockho

about 15 years ago
Fred. Olsen Energy Enters LOI for Rig Provision for Drilling Offshore Brazil
Business & Finance

Fred. Olsen Energy Enters LOI for Rig Provision for Drilling Offshore Brazil

Dolphin Drilling Ltd, a subsidiary of Fred. Olsen Energy ASA , has entered into a Letter of Intent for the provision of the semi-submersible Blackford Dolphin for drilling of one well offshore Brazil. Commencement is scheduled late in the fourth quarter 2011, with an estimated duration of total 135

about 15 years ago
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