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Business & Finance

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Equipment
Norway: Ulstein’s X-BOW Vessel Stars in Film for Children
Business & Finance

Norway: Ulstein’s X-BOW Vessel Stars in Film for Children

“The toughest vessels in the world are the x-bows. And in the film world, the villain is the toughest. Therefore, an x-bow vessel is the villain in the latest ‘Elias’ animation. And that’s why we invited you to the cinema tonight”. These are John M. Jacobsen´s words. He is the producer of the animat

about 15 years ago
USA: Helix Provides Update on Deepwater Containment System
Business & Finance

USA: Helix Provides Update on Deepwater Containment System

Helix Energy Solutions Group, Inc. – notes that certain news articles have been reported regarding the Company’s Deepwater Containment System (DCS). The Helix DCS provides a solution that centers on three vessels, the Helix Producer I, the Q4000 and the Express, each of which played a role in the Ma

about 15 years ago
Australia: Bounty Oil & Gas Gets Green Light for New Seaclem-1 Drilling
Business & Finance

Australia: Bounty Oil & Gas Gets Green Light for New Seaclem-1 Drilling

Bounty Oil & Gas NL announces that the joint venture has received approval from the Commonwealth Department of Sustainability, Environment, Water, Population and Communities (DSEWPC) for the drilling of New Seaclem-1, in PEP 11 offshore Newcastle, NSW. Formal advice has been given to Asset Energy Pt

about 15 years ago
New Orleans Workboat Show: Strong Demand for Offshore Service Vessels Signals Growing Market
Business & Finance

New Orleans Workboat Show: Strong Demand for Offshore Service Vessels Signals Growing Market

Offshore service vessels (OSV) are becoming larger, more specialized and technically sophisticated as a result of the rising demand for more complex deepwater field developments, including the Gulf of Mexico. Currently, there are some 2,500 OSV worldwide, with a steady growth projected from now thro

about 15 years ago
Expro Clinches Subsea Connections Contract in Brazil
Business & Finance

Expro Clinches Subsea Connections Contract in Brazil

Expro’s Connectors & Measurements team has been contracted to provide Aker Solutions in Brazil with new medium power subsea electrical connection systems, in a multi-million dollar contract. These will be installed in eight new MoBOs (subsea boosting systems from satellite wells). Expro will provide

about 15 years ago
USA: McDermott Bags Construction and Installation Contract for Gulf of Mexico Field Development
Business & Finance

USA: McDermott Bags Construction and Installation Contract for Gulf of Mexico Field Development

McDermott International, Inc. , announced today that one of its subsidiaries was awarded a contract by Arena Offshore, LP for construction and installation of a platform for Arena’s “Riker” Prospect, located at Eugene Island Block 338 in 275 feet of water. The company’s Morgan City fabrication facil

about 15 years ago
USA: Chevron Announces $26.0 Billion Capital And Exploratory Budget For 2011
Business & Finance

USA: Chevron Announces $26.0 Billion Capital And Exploratory Budget For 2011

Chevron Corporation announced a $26.0 billion capital and exploratory spending program for 2011. Included in the 2011 program are $2.0 billion of expenditures by affiliates, which do not require cash outlays by Chevron. Acquisition costs associated with the recently announced purchase of Atlas Energ

about 15 years ago
Germany: SAL Puts “Svenja”, the World’s Largest Heavy Lift Vessel, into Service
Business & Finance

Germany: SAL Puts “Svenja”, the World’s Largest Heavy Lift Vessel, into Service

With a lifting capacity of a total of 2,000 tonnes and speed of 20 knots, it’s the world’s largest heavy lift vessel to date: SAL Schiffahrtskontor Altes Land puts the first of two new buildings of Type 183 into service. The company, which ranks among the leading international heavy lift shipping co

about 15 years ago
The AMBAU Corporate Group is growing (Germany)
Business & Finance

The AMBAU Corporate Group is growing (Germany)

The corporate group is adding to its performance portfolio by setting up AMBAU Offshore GmbH Bremen, Germany: All flags will be flying in the offshore direction from December 1, 2010 because this is when AMBAU Offshore GmbH will be launching its business activities. AMBAU Offshore GmbH has a product

about 15 years ago
The AMBAU Corporate Group is growing (Germany)
Business & Finance

The AMBAU Corporate Group is growing (Germany)

The corporate group is adding to its performance portfolio by setting up AMBAU Offshore GmbH Bremen, Germany: All flags will be flying in the offshore direction from December 1, 2010 because this is when AMBAU Offshore GmbH will be launching its business activities. AMBAU Offshore GmbH has a product

about 15 years ago
Norway: NPD Announces Production Figures for October 2010
Business & Finance

Norway: NPD Announces Production Figures for October 2010

The average daily production in October 2010 was about 2 230 000 barrels of oil, NGL and condensate. This is 406 000 barrels more than in September 2010. Gas production was about 9,3 billion Sm3, which is 3.6 billion Sm3 more than in September. The liquid production in October was: 1 868 000 barrels

about 15 years ago
USA: National Oilwell Varco Completes FPSO Technology Acquisition
Business & Finance

USA: National Oilwell Varco Completes FPSO Technology Acquisition

National Oilwell Varco, Inc.,a multinational corporation based in Houston, Texas, announced that it has acquired Advanced Production and Loading PLC (“APL”), a subsidiary of BW Offshore Limited . APL, based in Norway, designs and manufactures turret mooring systems (photo) and other products for Flo

about 15 years ago
Turkmenistan: Dragon Oil Announces Completion of Infrastructure Upgrades
Business & Finance

Turkmenistan: Dragon Oil Announces Completion of Infrastructure Upgrades

Dragon Oil plc , an international oil and gas exploration and production company, announces the completion of key infrastructure projects being the 30-inch 40 km trunkline and Phase II expansion of the Central Processing Facility (“CPF”). The 30-inch 40 km trunkline, which runs from Block II to the

about 15 years ago
Norway: Statoil and Siemens Enter Technology Partnership
Business & Finance

Norway: Statoil and Siemens Enter Technology Partnership

Statoil and Siemens have signed a technology development cooperation agreement. The partnership will initially embrace wind power, subsea technology, electrical engineering technology and energy efficiency measures. The cooperation agreement was signed by Nils Klippenberg (left), director of Strateg

about 15 years ago
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