Vector Technology Groups Subsea Division has been awarded a contract by Technip Houston for a Subsea Pig Launcher rated at 15,000 PSI. Vector Subsea Engineering have been working closely with Petrobras and Total to complete the design for Cascade Chinook Field in the Gulf of Mexico. “This is just an
Otto Energy, a dynamic, growing oil and gas company that in four short years has assembled a balanced portfolio of international exploration and development assets today provides its quarterly activities report : • Completed acquisition of remaining shareholding in Galoc Production Company WLL (GPC)
Sartor Offshore announces today that Ocean Alden vessel has been delivered from China, and will begin the voyage to Norway in a few days. Ocean Alden (VS 465) represents a multi role FSV designed by V&S (Now WSDNO) and Wison Heavy Industries/Nantong China. The is owned by Sartor Offshore Alpha AS, m
Ophir, the upstream African oil and gas resource company announces the Amendment and expansion of the Block R Production Sharing Contract (PSC) in Equatorial Guinea. Highlights: The Block R contract area has been amended and expanded by c 46% to incorporate 773km2 of additional acreage bringing the
Lamprell , a leading provider of diversified engineering and contracting products and services to the onshore and offshore oil & gas and renewables industry, announced that Mr. Jonathan Cooper has been appointed to the Board of Directors of the Company as Chief Financial Officer with effect from 30t
Aminex PLC (“Aminex” or the “Company”) announces today that it has signed a new Production Sharing Agreement (‘PSA’) with the Tanzanian Minister of Energy & Minerals granting it the right to explore for oil and gas over 1,690 km² in the Nyuni area off the coast of Tanzania in the Indian Ocean. The P
Hertz Global Holdings, Inc. announced that its equipment rental division, Hertz Equipment Rental Corporation, (HERC) has acquired Delta Rigging & Tools’ offshore equipment rental division based in New Iberia, La., expanding its Oil and Gas customer base into the offshore market. “Hertz continues to
Fairstar Heavy Transport N.V. (FAIR) has been awarded a contract by Oando Energy Services, the leading indigenous, energy and energy services company in Nigeria to transport the drilling rig RESPECT from Lagos, Nigeria to Galveston, Texas. The contract value is USD 3.05 million. Chris Muilwijk, Sale
Sir Robert Wilson has today announced his intention to stand down as Chairman of BG Group at the conclusion of the Company’s Annual General Meeting in May 2012. He will be succeeded by Andrew Gould, currently Chairman of Schlumberger Limited. Mr Gould joined Schlumberger, the world’s largest oil an
Tullow Oil plc (Tullow) announces that new Production Sharing Contract (PSC) arrangements have been agreed with the Government of Mauritania and its Joint Venture partners. These arrangements will enable the Group to progress the appraisal and development of existing discoveries and pursue explorati
STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, announced that it has secured new contracts for the construction of four Platform Supply Vessels (PSV) for Island Offshore. The combined value of all four contracts exceeds N
Portuguese oil company Galp Energia expects to complete its plan to raise at least 2 billion euros ($2.8 billion) by selling a stake in… Reporting By Filipa Lima (Reuters) [mappress] Source:Reuters, October 30, 2011;
Petrobras provided clarification about news released recently concerning concession areas BM-ES-32 and BM-ES-23, located in Espírito Santo Basin. Petrobras confirmed the information about oil discoveries in block ES-M-594 (BM-ES-32), as disclosed to the market on December 16, 2010 and about discover
The first international Business Offshore Conference 2011 held in Hamburg kicks off on December 8th where top executives of the world’s leading offshore and energy companies will give updates on investments, project developments and timelines for offshore projects. A source of pride for the organize
