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Business & Finance

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Alaska: AIDEA to Meet on April 1 to Vote on 30 Million Investment for Jackup Rig Acquisition
Business & Finance

Alaska: AIDEA to Meet on April 1 to Vote on 30 Million Investment for Jackup Rig Acquisition

Buccaneer Energy Limited (“Buccaneer” or “the Company”)advises that the board of the Alaskan Industrial Development and Export Authority (“AIDEA”) is due to meet on 1 April 2011 (US time) / 2 April 2011 (Australian time) to consider and vote on the investment by AIDEA of up to US$30.0 million to acq

about 15 years ago
FOGL Close to Securing Rig for Deepwater Exploration Offshore Falkand Islands
Business & Finance

FOGL Close to Securing Rig for Deepwater Exploration Offshore Falkand Islands

FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands announces further progress on its rig contract negotiations and certain changes to its licence arrangements. Rig contract close to finalisation Further to our announcement o

about 15 years ago
E.ON Contracts Subsea 7 for Huntington Field Development in UK North Sea
Business & Finance

E.ON Contracts Subsea 7 for Huntington Field Development in UK North Sea

Subsea 7, a global leader in seabed-to-surface engineering, construction and services, today announces the award of an engineering and installation contract by E.ON Ruhrgas UK E&P for the Huntington Development in the North Sea. The Subsea 7 workscope comprises the installation of 12km of the 8-inch

about 15 years ago
Norway: STX OSV Wins Order for Design and Construction Of New PSV
Business & Finance

Norway: STX OSV Wins Order for Design and Construction Of New PSV

STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, announces that it has secured a new contract for the design and construction of a Platform Supply Vessel for an undisclosed customer. The vessel will be of STX OSV’s own PSV

about 15 years ago
BOEMRE Approves Permit For Deepwater Drilling (USA)
Business & Finance

BOEMRE Approves Permit For Deepwater Drilling (USA)

The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today approved a deepwater drilling permit for a new well that was described in Shell Offshore Inc’s recently approved Exploration Plan. The proposed well was also considered in the Site-Specific Environmental Assessment (SEA

about 15 years ago
VERIPOS Opens Branch Office in Dubai
Business & Finance

VERIPOS Opens Branch Office in Dubai

VERIPOS has extended its Middle East operations with the opening of a branch office, in early February. The facility is based in Dubai at the premises of Emphor FZCO, VERIPOS’ territorial sales and support agents who are also present in Abu Dhabi, Doha and Jebel Ali. Jim Higgins has been appointed a

about 15 years ago
Australia: Clough Invests USD 250.000 in Curtin University’s Engineering Pavilion
Business & Finance

Australia: Clough Invests USD 250.000 in Curtin University’s Engineering Pavilion

Engineering and construction company, Clough Limited has demonstrated its commitment to helping create an engineering centre of excellence in Western Australia, by contributing $250,000 to Curtin University’s new Engineering Pavilion which was officially opened by Prime Minister Julia Gillard today.

about 15 years ago
UK Based Inmarsat Acquires Norwegian Ship Equip for USD 159.5 Million
Business & Finance

UK Based Inmarsat Acquires Norwegian Ship Equip for USD 159.5 Million

Inmarsat plc , the world’s leading provider of global mobile satellite communications services, today announces the acquisition of Ship Equip International A.S. (“Ship Equip”) for a total consideration of USD 159.5 million. Based in Alesund, Norway, Ship Equip is a leading provider of VSAT maritime

about 15 years ago
Norway: Statoil Extends Deadline for Tenderers to Develop New Rig Concept
Business & Finance

Norway: Statoil Extends Deadline for Tenderers to Develop New Rig Concept

Statoil has decided to allow more time for the tenderers to mature their respective category B rig concepts, which includes an extended front end engineering and design (FEED) phase. The planned award date is set for the fourth quarter of 2011. Statoil has had an ongoing tender process for the new c

about 15 years ago
UK: Seajacks Zaratan Construction Still Progressing Ahead od Schedule
Business & Finance

UK: Seajacks Zaratan Construction Still Progressing Ahead od Schedule

In February 2010 Seajacks entered into a contract with GustoMSC to provide the Basic Design Package for two purpose built wind farm installation vessels. In June 2010 Seajacks entered into a contract with Lamprell shipyard to build these new vessels and Seajacks will take delivery of the first new-b

about 15 years ago
Shell Receives Go-Ahead for New Deepwater Well Drilling in U.S. Gulf of Mexico
Business & Finance

Shell Receives Go-Ahead for New Deepwater Well Drilling in U.S. Gulf of Mexico

The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today approved a deepwater drilling permit for a new well that was described in Shell Offshore Inc’s recently approved Exploration Plan. The proposed well was also considered in the Site-Specific Environmental Assessment (SEA

about 15 years ago
Atlantic Wind Connection Will Construct Offshore Transmission System on U.S. Outer Continental Shelf
Business & Finance

Atlantic Wind Connection Will Construct Offshore Transmission System on U.S. Outer Continental Shelf

Building on the significant momentum in support of the development of the Mid-Atlantic region’s abundant offshore wind energy resource, the Atlantic Wind Connection (AWC) today filed the first-ever unsolicited right-of-way application with the Department of Interior’s Bureau of Ocean Energy Manageme

about 15 years ago
Balder Viking AHTS to Assist Oil Drilling West of Greenland
Business & Finance

Balder Viking AHTS to Assist Oil Drilling West of Greenland

TransAtlantic has signed a contract with the English company Capricorn Energy Ltd, for the AHTS/Icebreaker Balder Viking. Capricorn is a wholly owned subsidiary of the British oil company Cairn Energy UK PLC based in Edinburgh. The AHTS/Icebreaker Balder Viking will assist oil drilling west of Green

about 15 years ago
Neptune Secures ROV Contracts in Brunei and Malaysia. Starts Subsea Equipment Construction in UK
Business & Finance

Neptune Secures ROV Contracts in Brunei and Malaysia. Starts Subsea Equipment Construction in UK

Neptune announces the commencement of a significant fabrication scope at its workshops in Stonehaven and Fordoun (Aberdeen, UK). Valued at approximately £1million (AUD$1.56 million), the project involves the fabrication of specialist subsea structures and equipment and is anticipated to continue for

about 15 years ago
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