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Business & Finance

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Dr. Marcus Jones Leaves his Post as CE of IMarEST in Order to Pursue New Interests (UK)
Business & Finance

Dr. Marcus Jones Leaves his Post as CE of IMarEST in Order to Pursue New Interests (UK)

Dr Marcus Jones has left his post as Chief Executive of the Institute of Marine Engineering, Science and Technology (IMarEST) in order to pursue new interests. He joined the Institute in January 2008 as Chief Operating Officer and took over as Chief Executive in May 2009. “Marcus has defined and led

about 15 years ago
Premier Oil Encouraged by Appraisal Results of CRD-2X Well, Offshore Vietnam
Business & Finance

Premier Oil Encouraged by Appraisal Results of CRD-2X Well, Offshore Vietnam

Premier announces that the CRD-2X appraisal well in block 07/03 Vietnam has been drilled to a TD of 3785 metres MDRT, appraising the Miocene sands discovered in 2009 with the CRD-1X well. The well was deepened from the preliminary TD of 3109 metres MDRT to evaluate the Oligocene which was not tested

about 15 years ago
Converteam to Supply C-Series Dynamic Position Control Systems for Two Gazflot PSVs (Russia)
Business & Finance

Converteam to Supply C-Series Dynamic Position Control Systems for Two Gazflot PSVs (Russia)

Power conversion specialist Converteam has been selected to supply its sophisticated C-Series dynamic position (DP) control systems for two platform supply vessels (PSVs) destined for operation in the oil and gas fields of Russia’s northern seas. The award for Converteam’s sophisticated automatic po

about 15 years ago
Framo Engineering Wins Major Subsea Pumping Contract for Jack & St.Malo Fields in GoM (USA)
Business & Finance

Framo Engineering Wins Major Subsea Pumping Contract for Jack & St.Malo Fields in GoM (USA)

Chevron U.S.A. Inc. has awarded Framo Engineering the contract for engineering, procurement, manufacturing and delivery of complete subsea pumping systems for the Jack & St.Malo fields in the Gulf of Mexico. Framo Engineering Managing Director, Ole Gams Steine, states; “We are very proud and gratefu

about 15 years ago
USA: Chevron Selects Framo Engineering for Delivery of Subsea Pumping Systems to Jack & St.Malo Fields
Business & Finance

USA: Chevron Selects Framo Engineering for Delivery of Subsea Pumping Systems to Jack & St.Malo Fields

Chevron U.S.A. Inc. has awarded Framo Engineering the contract for engineering, procurement, manufacturing and delivery of complete subsea pumping systems for the Jack & St.Malo fields in the Gulf of Mexico. Framo Engineering Managing Director, Ole Gams Steine, states; “We are very proud and gratefu

about 15 years ago
TGS Strengthens its Position in PRM Market With Acquisition of Stingray Geophysical Ltd. (Norway)
Business & Finance

TGS Strengthens its Position in PRM Market With Acquisition of Stingray Geophysical Ltd. (Norway)

TGS-NOPEC Geophysical Company ASA (TGS) has entered into an agreement to acquire 100% of the shares of Stingray Geophysical Limited (Stingray). The transaction will provide TGS with a strong position in the rapidly growing market for Permanent Reservoir Monitoring (PRM) solutions. The acquisition wi

about 15 years ago
Ostensjo Rederi Orders Platform Supply Vessel at Gondan Shipyard, Spain
Business & Finance

Ostensjo Rederi Orders Platform Supply Vessel at Gondan Shipyard, Spain

Gondan shipyard has just signed a new contract with the norwegian shipowner Ostensjo Rederi. This contract came into force the 8th april 2011. The new vessel is a supply vessel that will support the operation of Oil Rigs operating in the North Sea. This new unit will be construction number c444 and

about 15 years ago
Hydroid’s REMUS 6000 AUVs Aided in Search and Discovery of Wreckage of Air France Flight 447 (USA)
Business & Finance

Hydroid’s REMUS 6000 AUVs Aided in Search and Discovery of Wreckage of Air France Flight 447 (USA)

Hydroid, Inc., a subsidiary of Kongsberg Maritime, the leading manufacturer of Autonomous Underwater Vehicles, announced that three of its REMUS 6000 AUVs aided in the search for and discovery of wreckage from downed Air France Flight 447 nearly two and a half miles below the surface off the Atlanti

about 15 years ago
Norway: TGS Expands its Service Offering by Acquiring Stingray
Business & Finance

Norway: TGS Expands its Service Offering by Acquiring Stingray

TGS-NOPEC Geophysical Company ASA (TGS) has entered into an agreement to acquire 100% of the shares of Stingray Geophysical Limited (Stingray). The transaction will provide TGS with a strong position in the rapidly growing market for Permanent Reservoir Monitoring (PRM) solutions. The acquisition wi

about 15 years ago
Greenpeace Protests Against Drilling Exploration Offshore New Zealand
Business & Finance

Greenpeace Protests Against Drilling Exploration Offshore New Zealand

The Navy may be brought in to help in a row between Greenpeace and the Brazilian oil company Petrobras… (tvnz) [mappress] Source: tvnz, April 11, 2011;

about 15 years ago
Eni Restarts Drilling at Gawain-1 Prospect Offshore Australia
Business & Finance

Eni Restarts Drilling at Gawain-1 Prospect Offshore Australia

Octanex N.L. has been advised by Eni Australia Limited, the Operator of the Gawain-1 well located in the outer Exmouth Plateau permit, WA-362-P, that at 06:00 hours WST (Western Standard Time) on Monday, 11 April 2011, the well was at a depth of 3,778m MDRT (measured depth below rotary table) and ru

about 15 years ago
Australia: Tap Oil Sells its Interest in Non-Essential Assets
Business & Finance

Australia: Tap Oil Sells its Interest in Non-Essential Assets

Tap Oil Limited has agreed to sell its interests in a portfolio of non-core assets in the Carnarvon Basin to companies in the Sydney based and privately owned Hardie Energy Group. As consideration for the assignments, the companies will pay Tap $2,000,000. Further details of the assets and the assig

about 15 years ago
UAE: MIS Receives Final Payment for Delivery of MENAdrill II Jackup Rig
Business & Finance

UAE: MIS Receives Final Payment for Delivery of MENAdrill II Jackup Rig

UAE-based MIS Group (Maritime Industrial Services ), a diversified engineering and contracting group focused on the energy sector, has received a final payment of US$ 17.1 million, following the delivery and acceptance of MENAdrill II (Hull 110) for its client MENAdrill Investment Company (MENAdrill

about 15 years ago
Brazil: Important Milestone for Statoil. Oil Starts Flowing from Peregrino Offshore Field
Business & Finance

Brazil: Important Milestone for Statoil. Oil Starts Flowing from Peregrino Offshore Field

Last week Statoil started oil production at the large Peregrino field offshore Brazil. Production will gradually ramp up to a plateau of 100,000 barrels of oil equivalent per day. The move makes Statoil an important long-term operator and partner in Brazil’s attractive and growing oil and gas indust

about 15 years ago
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