Serica Energy announces that it is to carry out a review of strategic alternatives for its Indonesian assets. As the result of increased focus on upcoming projects in the UK, Western Europe and Africa, Serica will examine a range of options to create shareholder value including: •Selling all or part
Enviro Voraxial Technology, Inc.announced today that the Company reached an agreement to lease a 1500 barrel per day Voraxial® 2000 produced water skid mounted processing system to an oil service company. The Voraxial® will be used to separate oil from the water “produced” during the oil production
Wood Group has been awarded a five year operations and maintenance contract by Sevan Marine to provide asset management services for the FPSO Sevan Voyageur (Floating Production Storage & Offloading) on the Huntington field in the UK central North Sea. As duty holder, appointed by Huntington field o
Tap Oil Limited (“Tap”) announces that recent studies have highlighted additional potential in the deeper water portion of the Accra block and as a consequence Tap will commence acquisition of a large 3D seismic survey in December 2010 in the Offshore Accra Contract Area, Ghana, subject to final env
Subsea 7 Inc , one of the world’s leading subsea engineering and construction companies, today announces the award of a contract in the Danish sector of the North Sea valued in excess of US $55 million. The Subsea 7 work scope is to engineer, procure, fabricate, install and commission a 2.2.km bundl
Mechanical engineering company, EnerMech, has launched a new business division which will target the valve supply, testing, inspection and maintenance sector. An initial £2 million (approximately USD $3.2 Million) investment will include the building of an additional workshop at the Aberdeen company
Tullow Oil plc issues the following Interim Management Statement, for the period 1 July to 9 November 2010, in accordance with reporting requirements of the EU Transparency Directive. The Group will announce its full year Trading Statement and Operational Update on 20 January 2011. OPERATIONAL UPDAT
Farstad Shipping has been awarded the following charter contract: Peterson SBS has declared their one year option for PSV Far Splendour (2003, Ulstein P106, 3503 DWT) for continuous operation within the Dutch sector. The option is settled at improved rate level and is agreed between the parties to b
MEO Australia Limited provide their routine weekly Artemis-1 update on the anticipated timeframe for receiving the Songa Venus semi-submersible drilling rig from Shell, the current Operator. The latest advice from Shell is that the rig is expected to be handed over to MEO on or about late evening (W
Leading Aberdeen-based oil and gas engineering services company Cammach Group has reported a sharp increase in turnover in the past year. The 13-year-old firm has just announced that turnover has leapt by 56% or £2.7 million to just over £7.5 million. Due to significant growth, 15 additional members
Gazprom has appointed WorleyParsons to perform front end engineering design (FEED) services on its Shtokman Phases 2 and 3 development in the Barents Sea. The Shtokman gas/condensate field is in the Russian sector of the Barents Sea about 600 kilometres northeast of the city of Murmansk. The complet
Mermaid announces that it has received an ‘A’ grade rating for Contractor Health Environment Safety Management (CHESM) from Chevron Indonesia for its operations on its tender rig ‘MTR-2’. The Chevron CHESM process establishes clear accountabilities, ensures active engagement of contractors, and prov
Total announces having finalized an agreement in principle with Perenco, an independent exploration and production French company, to sell its 75.8% equity in its upstream affiliate Total E&P Cameroun, a Cameroonian company which other shareholders include the national oil company – SNH (Société Nat
Further to announcements on May 3, July 1, August 18 and October 1, 2010, Sevan Marine ASA (“Sevan”) announces that on November 9, 2010, relevant subsidiaries of Sevan entered into the charter contract and the services agreement with E.ON Ruhrgas UK E&P Limited (“E.ON”) together with related documen
