Schlumberger yesterday announced the release of the Avocet 2012 production operations software platform. The Avocet platform has been engineered to combine a complete and up-to-date picture of operations with engineering analysis capabilities to pinpoint the reasons for production shortfalls, enabli
Polarcus Limited announces the release of its third quarter 2011 financial statements. In the third quarter 2011 Polarcus continued to focus on growing the company’s seismic operations. The company successfully initiated its first two 3D multi-client projects, delivered a strong operational performa
Heerema Marine Contractors (HMC) has signed a Letter of Intent with Astilleros Armon, in Vigo, Spain, for the construction of two new state-of-the-art Anchor Handling Tugs. Both tugs will be equipped with a retractable bow thruster and will have DP2 capabilities. With a length of 72 meters and a wid
Aibel, a leading service company that provides engineering, construction, upgrading and maintenance solutions to the the oil, gas sector announced the successful completion of the Guara modules project. The modules departed from Laem Chabang to Brazil on Friday. Managing Director Jim Ryan at Aibel T
Transocean Ltd has asked a federal judge to order BP Plc to cover damages and other costs arising from the Deepwater Horizon oil spill in th… Source: Reuters [mappress] Source: Reuters, November 2, 2011;
As a partner in the giant Aldous Major oil discovery, Det norske oljeselskap ASA has created significant values both for its shareholders and for the Norwegian society at large. This discovery transforms the company and makes it a more significant player on the Norwegian Continental Shelf. In the th
MEO Australia Limited advises that Fugro Multi Client Services Pty Ltd completed acquisition of the Zeus 3D Marine Seismic Survey on 31 st October 2011. MEO has committed to purchase 323 km 2 of the seismic survey covering 4 graticular blocks within exploration permit WA-361-P which fulfills its Per
Seismic company Dolphin Geophysical has declared the option of yn 533. The vessel, a high capacity 3D vessel equipped with 14 streamers will be named “Polar Duchess”. She is delivered from the yard in Spain and the subsequent conversion is estimated to be completed in the first quarter of 2012. The
Van Oord‘s flexible fallpipe vessel (FFPV) Tertnes has been to the east coast of Mexico (Bay of Campeche) to execute subsea rock installation projects on pipelines and cables for various main contractors. The ultimate client is state oil and gas company PEMEX. FFPV vessel Tertnes was deployed to the
Foster Wheeler AG announced that its shareholders have elected J. Kent Masters, 50, and Henri Philippe Reichstul, 62, to the company’s board of directors. Masters was elected to serve a term expiring at the company’s annual general meeting to be held in 2012. Reichstul was elected to serve a term ex
Rowan announced today that it has exercised its option to build a third GustoMSC P10000 design ultra-deepwater drillship with Hyundai Heavy Industries Co., Ltd. (“HHI”) with delivery scheduled for the fourth quarter of 2014. The cost for this rig, including commissioning, project management and spar
Hurricane Exploration plc (“Hurricane”), an oil exploration company focused on hydrocarbon resources in fractured basement reservoirs, announces that it has completed testing operations on the Whirlwind exploration well (205/21a-5) offshore UK, West of Shetland. The well is being suspended for futur
British oil firm Soco International has delayed a ramp up in production at its key oil field off the Vietnam coast but said it was confident… By Sarah Young (Reuters) [mappress] Source: Reuters, November 1, 2011
AVEVA, a leader in engineering design and information management solutions for the plant, power and marine industries, today announced that it is sponsoring and presenting at the 5th Oil, Gas & Industrial ICT Summit (OT Summit) in 28-29 November, 2011, in Abu Dhabi, UAE. Mohamad Awad, Business Devel