An oil leak near Chevron’s Frade field off Brazil’s coast, which had temporarily halted work there, is from a natural seep on the seabed and… Source: Reuters [mappress] Source: Reuters, November 11, 2011
PETRONAS and Shell Malaysia today signed a Heads of Agreement (HOA) for two 30-year production sharing contracts (PSCs) for enhanced oil recovery (EOR) projects offshore Sarawak and Sabah. The HOA will see staged work activities and new investments from Shell and its joint venture partner PETRONAS C
Rolls-Royce, the global power systems company, announces that Sir Frank Chapman has today joined the Board as a non-executive Director. Sir Frank is the Chief Executive of BG Group and a Fellow of the Institution of Mechanical Engineers. Sir Simon Robertson, Rolls-Royce Chairman, said: “I am delight
Teekay Offshore GP L.L.C., the general partner of Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) , announced today that Teekay Corporation (Teekay) and Teekay Offshore intend for Teekay Offshore to acquire the Sevan Piranema (Piranema) floating production, storage and offloading
Norwegian offshore oil and natural- gas investment will rise through 2014, defying a global economic slowdown, as recent discoveries and … By Stephen Treloar (Bloomberg) [mappress] Source: Bloomberg, November 10, 2011
FoundOcean has been appointed as an exclusive agent by IEV International Limited (now a wholly-owned subsidiary of IEV Holdings Limited, a company listed on Catalist of the Singapore Exchange) to market their revolutionary Marine Growth Prevention and Control products in European waters. Until now,
Grandweld Shipyards has commemorated the delivery of the second of three 41M crew boats in a special ceremony held at Grandweld facility in Dubai Maritime City. This marks Grandweld’s seventh delivery in 2011. Global Queen, an advanced version of the 41m crew boat, is the 18th of its type to be buil
BOURBON today announces that in the third quarter of 2011, the company’s revenues totaled 252.2 million euros, up 14% (+20% at constant exchange rate) over the same period in 2010, buoyed by the steady improvement in daily rates and the good performance of shallow water offshore vessels. Compared wi
Dron & Dickson, specialist in design, supply and maintenance of hazardous area electrical equipment, has reported growth in 2010/11 of more than 14.5% with turnover rising to £27.6 million from £24.1million. Pre-tax profits of just under £1million were recorded in the 12 months to the end of May, co
Severodvinsk-based Zvezdochka Shipyard has completed the construction of the jack-up drilling rig “Arkticheskaya” for LLC Gazflot, the shipb… Source: Port News [mappress] Source: Portnews, November 10, 2011
Energy experts will gather next week at the 17th SPE ICoTA European Well Intervention Conference to discuss the important role innovative technology has in the future of the North Sea. Stuart Brown, Shell’s Global Well Intervention Discipline Lead, is a keynote speaker at the event. Mr Brown has spe
Technological and operational issues which must be overcome for Norwegian petroleum operations above the Arctic Circle have now been assembled in a single document. The report on Technology and operational challenges for the high north has been commissioned by the Petroleum Safety Authority Norway
Jasper Investments Limited (“Jasper”) announced that it has awarded a US$73.6 million contract to a subsidiary of the China Merchants Industry Holding Co., Ltd (“CMIH”) to retrofit and convert its Neptune Finder (“Finder”) semi-submersible into an accommodation vessel / floatel. The contract between
Thursday 10th of November 2011 Deepsea Metro II naming ceremony was officially held in Ulsan at the Hyundai Heavy Industries yard. This is the fourth successful ultra deep water vessel delivery for Odfjell Drilling, with regards to project planning, delivery and excellent HSE performance. “This is
