Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® method of wellhead engineering, announces that Tullow Oil plc, a leading independent oil and gas explorer and producer, has signed up as an additional consulting partner to Plexus’ Jo
Technip was awarded the last option for the Statoil frame contract for diving, pipeline repair, contingency and modification services. The frame contract has been held by Technip since January 2007 and is now extended to the latest possible completion date of December 2014. The yearly revenue under
FUGRO-TSM Pty Ltd, has been awarded the Greater Western Flank (GWF) Phase 1 Project Subsea Installation Contract from Woodside Energy Limited. The contract value is in excess of AUD 100 million, with engineering and design work for the project beginning immediately, leading to a peak in offshore ins
MEO Australia Limited has been advised by Eni Australia Ltd (Eni), as Operator of permit NT/P68, that acquisition of the Bathurst 3D seismic survey covering the Blackwood East structure has been completed. The survey vessel M/V Veritas Viking II was released at 0600 (ACST) on 5th January 2012. A tot
BigLift Shipping recently completed the installation and load testing of a Huisman-Itrec 17 m super fly jib for their heavy lift mast cranes on m.v. Happy Buccaneer, thereby increasing the lifting height and outreach by 50% to respectively 59 m above deck and 55 m. For upcoming projects BigLift Ship
Viking Supply Ships Ltd has entered into a contract with German oil giant RWE Dea for the PSV “SBS Typhoon”. The terms of the contract are 3 wells firm + 3 x 1 well option, firm period is estimated to 260 days with commencement mid-January 2012. SBS Typhoon was delivered to SBS Marine from Aker [&he
Lundin Petroleum AB announced that as at 31 December 2011 its net proven and probable working interest reserves are 210.7 million barrels of oil equivalent (MMboe) which equates to a 21 percent increase to reserves and a reserve replacement ratio of 264 percent, when compared to 31 December 2010. Th
Aker Solutions has signed a contract with Marathon Oil Norge AS to supply a subsea production system for the operator’s Bøyla project on the Norwegian continental shelf. Contract value is approximately NOK 210 million. Scope of work includes engineering, procurement, construction and delivery of fou
Norwegian Energy Company (Noreco) in December 2011 produced 2,204 barrels of oil equivalents (boe) per day. Net realised oil price was USD 98 per boe after adjustments for oil put options, inventory, NGL and gas prices. Production was negatively impacted by the harsh weather conditions in the North
COSCO (Nan tong) Shipyard Co. Ltd.,has secured a contract valued over USD220 million from an Asian company to build two (2) Self Propelled Pipelay Heavylift Offshore Construction Vessels. The vessels are scheduled for delivery in the fourth quarter of 2013 and the first quarter of 2014 respectively.
Northern Petroleum, an oil and gas explorer and producer, operating in areas of low risk, has been awarded part blocks 98/13 and 98/14 in the UK 26th Licensing Round. The new licence is located offshore adjacent to Northern’s Isle of Wight onshore licence, PEDL 240, awarded in May 2008. The part blo
SBM Offshore, a Dutch-based global group of companies selling and renting systems and services to the offshore oil and gas industry has received an extension of 26 months for the lease and operating contract of the FPSO Marlim Sul from Petrobras. This extension will begin in April 2012, at the end o
Coastal Energy Company, an independent exploration and production company with assets in Thailand, announces the successful production testing results from the first two Bua Ban North A wells and the results of the Bua Ban North B-10 and B-12. The first Bua Ban North A wells have been completed and
Hyundai Heavy Industries, the world’s biggest shipbuilder and offshore facilities contractor announced today that the Company completed developing its own Hyundai FLNG (Floating Liquefied Natural Gas Plant) model in association with Linde AG, an international industrial gases and engineering company
