CNOOC Limited’s subsidiary, CNOOC Southeast Asia Limited, sold CNOOC ONWJ Ltd. to EMP International (BVI) Limited (“EMPI”) for consideration of approximately US$212 million. CNOOC ONWJ Ltd. holds a 36.7205% working interest in Offshore Northwest Java Production Sharing Contract (the “ONWJ PSC”) in I
Shell has obtained additional information on the incident at the Bonga offshore facility that occurred Tuesday (December 20) during a routine operation to transfer crude oil from Bonga’s floating production, storage and off-loading (FPSO) vessel to a waiting oil tanker. “We now assess that up to 50%
On 13 December 2011, the Petroleum Safety Authority Norway (PSA) granted North Atlantic Norway Limited an Acknowledgement of Compliance (AoC) for the West Elara mobile drilling facility. An Acknowledgement of Compliance (AoC) is a decision by the Petroleum Safety Authority Norway that expresses the
Oceaneering International, Inc. announced that it has secured a three-year Field Support Vessel Services contract from BP p.l.c. Oceaneering will provide project management, engineering, and vessel services offshore Angola on Blocks 18 and 31, commencing February 1, 2012. The contract provides for t
KBR’s subsidiary GVA has been awarded a contract for the design of a GVA 3000E Accommodation Unit by Jurong Shipyard. The new unit—to be installed in the North Sea Norwegian Continental Shelf—will be one of the most advanced and efficient harsh environment accommodation rigs in the world. This is th
Norwegian multinational provider of services related to engineering, construction, maintenance, modification and operation, Aker Solutions has signed a letter of intent with Det norske oljeselskap to conduct a front-end engineering and design (FEED) study for Draupne. This is the first major contrac
MEO Australia Limited provides the following update with respect to activities being carried out by the permit operator, Eni Australia Ltd (Eni), in NT/P68. Bathurst 3D Seismic Survey The CGG Veritas seismic vessel, M/V Veritas Viking II commenced acquisition of the 698 km2 Bathurst 3D Seismic Surve
DeepOcean Group Holding AS, an integrated provider of subsea engineering and trenching services, has entered into a new long-term charter agreement with REM Ship AS for the multi-purpose offshore construction vessel Rem Forza. This new vessel represents an important step in DeepOcean Group’s strateg
Engineering and construction company Clough Limited today announced that it has completed the sale of its Marine Construction business to SapuraCrest Petroleum Berhad for gross proceeds of approximately AUD 127 million and on the terms agreed and announced on August 8. Clough’s offshore Marine Const
Wärtsilä, the marine industry’s leading solutions provider with main office in Finland, is to supply the design and propulsors/positioning system for a series of two new flexible pipe laying vessels (PLVs) for advanced operations. The vessels are to be built at the Daewoo Shipbuilding & Marine Engin
Subsea 7 S.A. has been awarded a SURF contract valued at approximately $185 million from Elf Exploration UK Limited on the West Franklin Field in the Central Graben area of the North Sea. The contract scope includes engineering, procurement, fabrication, installation and commissioning of the Sealine
Seabrokers reported that UT745L ‘Northern River’ multi purpose support vessel with overall length of 92.8 meters has been delivered to its new owners Serco Ltd on December 20. Seabrokers Ltd said they “were pleased to act as sole broker in this transaction.” Formerly owned by Deep Ocean Shipping AS,
ConocoPhillips today provided further details about the compensation and environmental funds that have been established in response to two separate accidents in Bohai Bay, China. The funds, first announced in September, recognize the company’s responsibility for the accidents and demonstrate its com
IKM Group have entered into an agreement to acquire a majority shareholding in Cleandrill AS, which will be re-named IKM Cleandrill. Bergen based Cleandrill is a subsea technology business, specialising in collection, management and transfer of drilling fluids and cuttings. This acquisition forms pa
