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Business & Finance

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Norway: Management Changes in Aker Solutions
Business & Finance

Norway: Management Changes in Aker Solutions

Per Harald Kongelf (photo) has been appointed executive vice president (EVP) for the Energy Development & Services (ED&S) business area in Aker Solutions with immediate effect. He replaces Jarle Tautra who will continue to work for Aker Solutions as a special advisor to the CEO. Kongelf comes from t

about 16 years ago
Foster Wheeler Wins Pre-FEED and FEED for Perla Early Production Facilities in the Gulf of Venezuela
Business & Finance

Foster Wheeler Wins Pre-FEED and FEED for Perla Early Production Facilities in the Gulf of Venezuela

Foster Wheeler AG,announced today that its Global Engineering and Construction Group has been awarded a pre-front-end engineering design (pre-FEED) and front-end engineering design (FEED) contract by Cardon IV, S.A., for new production facilities at the Perla field, located in the Gulf of Venezuela,

about 16 years ago
UK: Sub-Atlantic Ltd Receives Multiple ROV Orders
Business & Finance

UK: Sub-Atlantic Ltd Receives Multiple ROV Orders

Sub-Atlantic Ltd has netted orders for six electric remotely operated vehicle (ROV) systems with five different international customers during an unprecedented week of sales activity. The orders are for a Comanche Light/Medium Work Class system for a Far East diving contractor; a second Comanche sys

about 16 years ago
WorleyParsons Awarded Contract Extension in Nigeria
Business & Finance

WorleyParsons Awarded Contract Extension in Nigeria

WorleyParsons’ Nigerian joint venture company, DeltaAfrik Engineering Limited, has received notification of a contract extension from ExxonMobil subsidiary Mobil Producing Nigeria for provision of engineering and project delivery services for the “Satellites Phase 2” project as part of its ongoing o

about 16 years ago
Vietnam: Soco International to Plug and Abandon Te Giac Den appraisal Well, TGD-2X
Business & Finance

Vietnam: Soco International to Plug and Abandon Te Giac Den appraisal Well, TGD-2X

The Te Giac Den appraisal well, TGD-2X, will be plugged and abandoned. Although the well encountered significant hydrocarbons in a clastics reservoir sequence at approximately 4,550 metres measured depth and produced both black oil and gas, it flowed at sub-commercial rates. The TGD-2X well was dril

about 16 years ago
Ithaca Energy Inc., Stella Project Delivery Manager Appointed (UK)
Business & Finance

Ithaca Energy Inc., Stella Project Delivery Manager Appointed (UK)

Ithaca Energy Inc. and its wholly owned subsidiary Ithaca Energy (UK) Limited , an independent oil & gas company with exploration, development and production assets in the UK sector of the North Sea, announces the appointment of Fergus McGhie as Project Delivery Manager for the development of the St

about 16 years ago
USA: Wilhelmsen Ships Service supplies Gulf Oil-spill Research Vessel
Business & Finance

USA: Wilhelmsen Ships Service supplies Gulf Oil-spill Research Vessel

Wilhelmsen Ships Service has arranged a substantial logistics service for the M/Y Latitude, used by Oceana to study the after-effects of the oil spill from the Deepwater Horizon offshore rig in the Gulf of Mexico. The company supplied the 170 foot vessel , which was chartered by the non-profit envir

about 16 years ago
Cyprus: Songa Offshore Provides September 2010 Fleet Update
Business & Finance

Cyprus: Songa Offshore Provides September 2010 Fleet Update

Songa Venus achieved operating efficiency of 99% during the month, the rig continued its work on the second well of 4 firm wells for Shell Development (Australia). Songa Mercur achieved operating efficiency of 100% during the month; the rig continues to operate outside Sakhalin Russia on a one well

about 16 years ago
Singapore: Sembcorp Marine’s Jurong Shipyard Secures $268 Million FPSO Conversion Contract
Business & Finance

Singapore: Sembcorp Marine’s Jurong Shipyard Secures $268 Million FPSO Conversion Contract

Jurong Shipyard (JSPL), a wholly-owned subsidiary of Sembcorp Marine, has secured an approximately S$351 million (Approximately $268 USD) contract to convert the Aframax tanker, the MT Arc II (ex MT Arc), to a Floating Production Storage and Offloading (FPSO) vessel, to be renamed FPSO Petrojarl Cid

about 16 years ago
Divestment of stakes in Nordkraft and Salten Kraftsamband has been approved (Denmark)
Business & Finance

Divestment of stakes in Nordkraft and Salten Kraftsamband has been approved (Denmark)

On June 24 2010 DONG Energy announced an agreement to sell its ownership interests in Nordkraft and Salten Kraftsamband, two energy companies based in northern Norway, to a company in the Troms Kraft Group The transaction has now been approved by the Ministry of Petroleum and Energy in Norway and is

about 16 years ago
Google invests in offshore wind power sector (USA)
Business & Finance

Google invests in offshore wind power sector (USA)

Google and a New York financial firm have each agreed to invest heavily in a proposed $5 billion transmission backbone for future offshore… (boston) [mappress] Source:boston ,October 12, 2010;

about 16 years ago
Google invests in offshore wind power sector (USA)
Business & Finance

Google invests in offshore wind power sector (USA)

Google and a New York financial firm have each agreed to invest heavily in a proposed $5 billion transmission backbone for future offshore… (boston) [mappress] Source:boston ,October 12, 2010;

about 16 years ago
Australia: McDermott Wins Significant Subsea Fabrication Work for Gorgon Project
Business & Finance

Australia: McDermott Wins Significant Subsea Fabrication Work for Gorgon Project

McDermott International, Inc. announced that one of its subsidiaries has been awarded a contract from Vetco Gray Australia Pty Limited for the fabrication of subsea structures and spools for Chevron’s Gorgon Upstream Project. The value is expected to be in excess of US$50 million and will be include

about 16 years ago
USA: ATP Commences Production From Second Well at Telemark Hub
Business & Finance

USA: ATP Commences Production From Second Well at Telemark Hub

ATP Oil & Gas Corporation announced first oil production at its Mississippi Canyon 941 #3 well in the deepwater Gulf of Mexico. The initial rate and associated pressures exceeded original expectations and the well established a rate in excess of 7,000 Boe per day. The Mississippi Canyon 941 #3 well

about 16 years ago
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