Framo Engineering AS and Total E&P Angola have recently signed a contract to supply a subsea Pumping System for the CLOV Development Project, located in the deepwater Block 17 offshore Angola. The contract between Total and Framo represents one of four main contracts placed by Total for this Project
Faroe Petroleum, the independent oil and gas company focusing principally on exploration and production opportunities in the Atlantic Margin, the North Sea and Norway,announces that it has conditionally raised £62.2 million (approximately USD $100 million) through a Placing of 37,718,024 new Ordinar
Polarcus, a leading provider of marine geophysical services, is building two seismic vessels of the new generation type SX134 at the Ulstein Verft shipyard. ULSTEIN has designed and built a number of state-of-the-art seismic vessels the past few years, and the contracts attest to the company’s leadi
AMEC, the international engineering and project management company, has been awarded the detailed engineering and procurement for ConocoPhillips’ existing Judy platform and the hook-up and commissioning of their new Jasmine facilities in the North Sea, 240 kilometres south-east of Aberdeen. The valu
Further to announcements made on November 5 and 8, 2010, the securing of the well has been completed and the pulling of the BOP to the surface has started. The well has been cemented and plugged according to Petrobras’ safety procedures. On deck, the BOP will be inspected and repaired and then lower
Lamprell , a leading provider of specialist engineering services to the international oil & gas and renewables industry, announces that it has received a US$ 210 million new contract award from Eurasia Drilling Company Limited (“EDC”) and issues the following Interim Management Statement for the per
Aker Solutions has signed a contract to design, build and supply heavy oil separation equipment to an FPSO vessel operated by OSX, an EBX group company, in Brazil. The contract value is approximately NOK 40 million (Approximately USD $6.8 million) . “This is a major breakthrough for our in-house hea
The Group reconfirms its leadership in supporting the development of smarter and greener power grids as the recent activities and achievements in the renewable energy sector demonstrate. Prysmian, one of the leading worldwide players in the energy and telecommunication cables industry, will play a m
The Group reconfirms its leadership in supporting the development of smarter and greener power grids as the recent activities and achievements in the renewable energy sector demonstrate. Prysmian, one of the leading worldwide players in the energy and telecommunication cables industry, will play a m
Perenco confirmed that a security incident occurred last in the area of the Moudi FSO, offshore Cameroon, involving army personnel and security contractors. The incident, which is currently being investigated, tragically led to the deaths of five Cameroonian personnel, three from the Bataillon d’Int
Boskalis proposal to SMIT Pension Fund · One-off voluntary deposit of approximately € 30 million · No additional future obligations for further deposits · No reduction in pension entitlements as from 1 January 2011 · Deposit has no impact on Boskalis’ earnings Royal Boskalis Westminster N.V. announc
Nexans, worldwide leader in the cable industry, has been awarded a 10 million Euro contract by FMC Technologies to design, engineer and manufacture a static subsea control and chemical injection umbilical for the Marulk gas field on the Norwegian Continental Shelf (NCS). MC Technologies is carrying
Kreuz Holdings Limited (“Kreuz” or together with its subsidiaries, the “Group”), a subsea service provider for the oil and gas industry, has today announced that a Letter of Intent for subsea installation contract worth approximately US$6.2 million was signed with a leading offshore construction com
BP confirmed that, pending clarification from the UK Government on certain aspects of the new EU Regulations concerning restrictive measures against Iran, production from the Rhum gas field in the central North Sea has been suspended. This action has been taken in order to comply with the notificati
