French Jifmar Offshore Services has ordered two Saab Seaeye Cougar XT ROVs for a new Algerian contract. This important new project will involve work at three different oil terminal points where the ROVs will be used for inspection, maintenance and repair (IRM) tasks on structures, pipes, manifolds a
Financial Results for the Half Year ending June 30th 2010 Revenues for the first half of 2010 were up 8.3% to €11.335 million from €10.464 million due to increased volumes, product mix and the strength of the dollar relative to the euro. The average oil price per barrel achieved in H1 2010 was $78.4
BP is to create a new safety division with sweeping powers to oversee and audit the company’s operations around the world. The Safety & Operational Risk function will have authority to intervene in all aspects of BP’s technical activities. It will have its own expert staff embedded in BP’s operating
Hallin Marine Subsea International Ltd, a Superior Energy Services company, has recently been awarded and carried out a free span correction contract offshore Taiwan. The contract was awarded by the CPC Corporation, Taiwan (CPC), and was carried out in water depths of between 80 and 110 metres by Ha
Royal Dutch Shell plc (“Shell”) reconfirmed strong momentum in its businesses in the Americas for a group of shareholders and analysts today, visiting Upstream assets in Canada. Shell’s oil & gas production in the region could reach 1 million barrels of oil equivalent per day in 2014, an increase of
Piedroba Marine Construction (PMC) today announced Luis Prieto-Portar, PhD, PE, PMC’s Principle and Chief Executive Officer, will be presenting at the 16th Annual Florida Remediation Conference on Friday, October 15, 2010 in Orlando. The presentation is scheduled to begin at 4:30 p.m. (ET). Dr. Prie
Under the charter contract with Centrica Energy Upstream, the charter is automatically extended by six months unless notice is given six months prior to the expiration of the contracted period. The expiration of the initial contracted period is March 28, 2011, and the charter for FPSO Sevan Hummingb
Damen Dredging Equipment has replaced the submersed dredge pump drive of the sand mining dredger “Maas”. The dredger, built by Damen back in 1986, is still owned by its first owner, the dredging company Geluk. The operation included the removal of the former hydraulic drive, the engineering and fitt
Wintershall Norge ASA has received consent to carry out exploration drilling in the northern North Sea with the mobile facility Songa Delta. The consent applies to drilling of exploration well 35/12-3 S, which is part of production licence 378. The well is located approx. 120 km northwest of Bergen
Western India Shipyard today announced that it has secured a new order from its client Dredging Corporation of India (DCI) worth Rs 56.3 million. The order work includes repair of one of their large vessels, DCI Dredge Aquarius at its shipyard at Marmugao, Goa within the next 40 days. Western India
Nautical Petroleum plc announced that it has entered into a farm-in agreement to acquire up to a 65% interest in the Standard Exploration Licence 2/07 containing the Nemo heavy oil discovery. Nemo is situated approximately 60 kilometres offshore Ireland in the North Celtic Sea Basin in c. 90 metre w
Sembcorp Marine’s Sembawang Shipyard has secured two FPSO contracts worth S$75 million (approximately USD 57 Million), reinforcing its reputation as a world-leading shipyard for highly specialised FPSO and offshore conversion and upgrading work. The two contracts are as follows: Conversion of BW Gen
Technip has been awarded a contract, worth approximately €70 million, by Total E&P UK Limited, as operator of the Islay Gas Field, to deliver a full EPCI(1) project in the UK North Sea. The Islay field is located in the North Sea, 440 kilometres north-east of Aberdeen, in 120 metres of water depth.
The Smart Wind Consortium, a joint venture between Siemens and Irish firm Mainstream Renewable Power, today hailed a boost for its plans to… By Eliot Sefton (thefirstpost) [mappress] Source: thefirstpost, September 28, 2010;