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Business & Finance

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Project & TendersEquipment
UAE: Drydocks World Delivers Jack-up Platform Swift 10
Business & Finance

UAE: Drydocks World Delivers Jack-up Platform Swift 10

Drydocks World has announced the delivery of Jack-up platform Swift 10 to Swift Drilling BV. Swift Drilling BV is a joint venture between Cofely Oil & Gas BV and Jack-Up Barge BV. The contract was valued at AED 89.3833 million. The specialized jack up platform was built at Drydocks World’s yard in N

about 15 years ago
Norway: Scana Bags International Subsea Contracts Worth $8.6 Million
Business & Finance

Norway: Scana Bags International Subsea Contracts Worth $8.6 Million

Scana Industrier ASA has been awarded two projects to deliver machined tendom forgings through its subsidiary Scana Subsea AB. The high tensile long forgings are intended for Gulf of Mexico and Brazil as part of field development projects. Value of contracts are approx 8,6 M USD. -The contracts are

about 15 years ago
Australia: Neptune Marine Appoints New CEO
Business & Finance

Australia: Neptune Marine Appoints New CEO

The Board of Neptune Marine Services Limited today announced the appointment of Mr Robin King as the company’s acting Chief Executive Officer. Mr King, Neptune’s current Regional Vice President for Australia, New Zealand and PNG, joined Neptune in September 2010 from Technip Subsea 7 (TS7) Asia Paci

about 15 years ago
Russia: Rosneft and CNPC Expand Cooperation
Business & Finance

Russia: Rosneft and CNPC Expand Cooperation

Rosneft and China National Petroleum Corporation (CNPC) signed a memorandum on expanding cooperation in the upstream sector. The document was signed by Rosneft’s President Eduard Khudainatov and General Director of CNPC Jiang Zemin within the Russian-Chinese energy dialogue held on November 22-23 in

about 15 years ago
The Netherlands: TAQA Announces Restart of North Sea Rijn Oil Production
Business & Finance

The Netherlands: TAQA Announces Restart of North Sea Rijn Oil Production

Abu Dhabi National Energy Company PJSC (Taqa), a publicly listed company on the Abu Dhabi Securities Exchange, announced the successful restart of crude oil production from the Rijn field offshore the Netherlands, 12 years after being shut down. Taqa applied recent advances in technology to create t

about 15 years ago
Australia: Santos’ Spar-2 Appraisal Well Confirms Spar Field Upside
Business & Finance

Australia: Santos’ Spar-2 Appraisal Well Confirms Spar Field Upside

Santos today announced that appraisal drilling and wireline logging of the Spar-2 well in WA-4-R, located in the Carnarvon Basin offshore Western Australia, has confirmed 55 metres of net gas pay in the primary target Upper Barrow reservoir. The target reservoir has demonstrated very high productivi

about 15 years ago
The Netherlands: SBM Offshore Delivers Norbe VI Drilling Rig to Odebrecht
Business & Finance

The Netherlands: SBM Offshore Delivers Norbe VI Drilling Rig to Odebrecht

The semi submersible drilling rig “Norbe VI” has been delivered and handed over to SBM Offshore’s client Odebrecht Oil & Gas offshore Abu Dhabi on 23 November 2010. The rig is the second out of a series of three semi submersible drilling rigs which the Company contracted to supply to Brazilian clien

about 15 years ago
Australia: Songa Venus Arrives at Artemis-1 Location
Business & Finance

Australia: Songa Venus Arrives at Artemis-1 Location

MEO Australia Limited advises that since the last progress report, the Songa Venus semi-submersible drilling rig completed its journey and arrived at the Artemis-1 location at 03:10 hours (Perth time) on Tuesday 23rd November. All anchors have been run and the rig has been ballasted down to drilling

about 15 years ago
Additional Information Regarding Prospectus Supplement and Re-opening of Invitation to Tender Existing Hybrid Capital Bonds for Repurchase
Business & Finance

Additional Information Regarding Prospectus Supplement and Re-opening of Invitation to Tender Existing Hybrid Capital Bonds for Repurchase

On 11 November 2010 DONG Energy A/S announced its intention to issue, subject to market conditions, new callable subordinated capital securities due 3010. At the same time DONG Energy announced a conditional invitation to all holders of its outstanding EUR 1.1bn callable subordinated capital securit

about 15 years ago
Norway: Aker Solutions Signs Breakthrough Subsea Deal
Business & Finance

Norway: Aker Solutions Signs Breakthrough Subsea Deal

Aker Solutions has secured an important contract to supply heating systems for the subsea pipelines that Technip will deliver and install for the Goliat field in the Barents Sea. Contract value is approximately NOK 80 million (Approximately USD 13 million). Direct electrical heating (DEH) of pipelin

about 15 years ago
Greece: DryShips Inc. Secures Option to Construct up to Four Ultra Deepwater Drillships
Business & Finance

Greece: DryShips Inc. Secures Option to Construct up to Four Ultra Deepwater Drillships

DryShips Inc. a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, announced today that it has entered into an agreement with a major South Korean shipyard, for the option to construct up to four ultra deepwater drillships. The new ord

about 15 years ago
Endeavour Enters Into Agreement to Purchase a 20% Interest in UK Bacchus Development
Business & Finance

Endeavour Enters Into Agreement to Purchase a 20% Interest in UK Bacchus Development

Endeavour International Corporation announces that its wholly owned subsidiary Endeavour Energy UK Ltd. has signed a definitive agreement to acquire an additional 20% working interest in the North Sea Bacchus development. This transaction represents a purchase of 3.5 million barrels of oil reserves

about 15 years ago
The Netherlands: Dockwise SGM Approves Rights Issue to Finance New Type 0 Vessel
Business & Finance

The Netherlands: Dockwise SGM Approves Rights Issue to Finance New Type 0 Vessel

Reference is made to the announcement by Dockwise Ltd. (“Dockwise” or the “Company”) on 8 November 2010, regarding the approval by its Board of Directors of the commissioning of a newbuild vessel to serve the emerging demand for ocean transports with capacity of above 100,000 metric tons, and the no

about 15 years ago
UK: Expro Secures New Subsea Connector Systems Contract
Business & Finance

UK: Expro Secures New Subsea Connector Systems Contract

International oilfield service company Expro has secured a £1.9million contract with FMC Kongsberg to supply connector systems to the Laggan-Tormore gas field development, 125 miles West of Shetland. Expro’s Connectors & Measurements team will supply the 5kV connector systems to provide power to sub

about 15 years ago
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