CGGVeritas and JSC Geotech Holding (Geotech) announce, that today they have signed a term sheet to create a joint venture to operate 2D and 3D marine seismic vessels, primarily in Russian and CIS waters. The joint venture will provide marine seismic data acquisition and processing services for the o
General Manager Kjell-Peder Overvåg of Havyard`s Brazil division showed Trade Minister Giske around the office and informed of Havyard`s increased efforts in Brazil. The Minister was introduced to various Havyard ship designs including Seven Havila, a Havyard 858 DSV that only last week won the pres
Petrobras announces the start up of the Extended Well Test (EWT) for the Tracajá reservoir, located 124 km off the coast of Rio de Janeiro, in the pre-salt area of Marlim Leste field, in Campos Basin. The EWT is being executed in the 6-MLL-70 well, where the oil was found in September of 2010 [&hell
The Norwegian Trade Minister Trond Giske visited Brazil last week, where the purpose of his visit is strengthening the business relations between Norway and Brazil. Giske also visited Havyard South America Ltda`s office in Rio de Janeiro during the same trip. General Manager Kjell-Peder Overvåg of H
Subsea 7 S.A. announced today the award of an engineering, procurement, installation and commissioning contract from Centrica Energy Upstream for the flowlines and subsea works on the Ensign Project, approximately 18km North West of the Audrey ‘A’ platform, located over Block 48/14 and 48/15 of the
Subsea 7 S.A. announced today the award of an engineering, procurement, installation and commissioning contract from Centrica Energy Upstream for the flowlines and subsea works on the Ensign Project, approximately 18km North West of the Audrey ‘A’ platform, located over Block 48/14 and 48/15 of the
On February 22, during a working visit to London, Mr. Rovnag Abdullayev, SOCAR President met with Mr. Robert Dudley, BP President at Company’s Head office. The meeting was attended by Mr. Rashid Javanshir, President of BP-Azerbaijan and other high-ranking officials of BP. The meeting covered the dis
There are a number of submarine cable routes being planned and under construction throughout Europe; these are built in the interest of trade and for the integration of renewable energy into the European grid. Cables are a huge investment; both of time and money, and any challenges arising could res
ATP Oil & Gas Corporation is expanding its deepwater operating and infrastructure expertise to offshore Israel. Subject to approval of the Ministry of National Infrastructures (MNI), ATP has signed agreements to acquire five licenses, of which two are pending, in approximately 4,000 feet of water. T
In a landmark development, du today announced partial activation of the new Europe India Gateway (EIG) submarine cable –which will enhance capacity and diversity between the UAE and Middle East to Europe and Asia. The EIG submarine cable was conceived by a 16-member consortium of leading regional an
Teekay Offshore GP L.L.C., the general partner of Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership), today reported the Partnership’s results for the quarter ended December 31, 2010. During the fourth quarter of 2010, the Partnership generated distributable cash flow(1) of $26.9 mil
Natural gas should play a key role in reaching Europe’s 2050 climate targets in the most cost-efficient manner, according to a report published today by the European Gas Advocacy Forum (EGAF). Statoil participates in the EGAF together with a number of other key gas players. The EGAF report addresses
Ropes made with Dyneema®, ultra-high molecular weight polyethylene (UHMWPE), are being successfully used to secure rigs, Mobile Offshore Drilling Units (MODUs), Buoyant Turret Mooring (BTM) systems and similar constructions in the offshore oil and gas industry. Users are finding them invaluable when
Eni announces the successful results of the Perla-4 appraisal well, located in the Cardón IV Block in the shallow water of the Gulf of Venezuela. This well upgrades the estimate of gas in place of the Perla field, a super-giant gas discovery, to over 16 Tcf (2.9 billion barrels of oil equivalent). P
