OAO Gazprom, Russia’s biggest company by market value, may get a 10-year tax exemption for crude oil exported from its offshore … By Alena Chechel and Stephen Bierman (Bloomberg) [mappress] Source:Bloomberg, October 3, 2011;
Cetix AS in Stavanger, Norway has been awarded a contract by IKM Subsea AS for delivery of two active heave compensated work class ROV-winches. Cetix AS has already an established track record as a supplier for IMR and ROV vessels. The scope includes engineering, design, manufacturing and testing of
Octanex N.L. today provided an update on the progress made by the Joint Venture towards reaching a decision on whether to drill the Matuku prospect in PEP 51906. PEP 51906 is situated in the offshore Taranaki Basin of New Zealand. Octanex holds a 35% participating interest in the permit. The Joint V
AMEC, the international engineering and project management company, has been awarded a Front End Engineering Design (FEED) contract for GDF SUEZ E&P UK Ltd’s Cygnus gas field development, one of the most significant undeveloped gas fields in the North Sea. The contract includes work on the ‘option t
Kvaerner has appointed Tony Allen as Executive Vice President for its International business area. As one of the world’s leading contractors for new offshore platforms and onshore facilities, Kvaerner has stated clear growth ambitions in selected regions around the world. Tony Allen will have an imp
Yard nr. 286 from Ulstein Verft, Oceanic Sirius, was named in an official ceremony in Ulsteinvik, Norway, on 1 October. Lady sponsor of the vessel is Mrs. Danielle Malcor, wife of Jean-Georges Malcor, CEO of CGGVeritas. Oceanic Sirius, an advanced seismic research vessel of the SX120 type from Uls
Statoil has received consent to use the Island Constructor mobile facility in the northern part of the North Sea and in the Norwegian Sea. The consent relates to implementation of light well intervention on Oseberg, Gullfaks, Vigdis, Tordis and Kristin. The planned start-up of the intervention work
Keppel FELS Limited (Keppel FELS) is on track to deliver Vietnam’s first semisubmersible drilling tender (SSDT) to PetroVietnam Drilling & Well Services Corp (PV Drilling) ahead of schedule, within budget and with a perfect safety record. Built to Keppel’s award-winning KFELS SSDT 3600E design, the
The parking lot at the Millennium Alaskan Hotel in Anchorage was as jammed at 6:30 a.m. on a Thursday as the float-plane marina at … By Katarzyna Klimasinska (Businessweek) [mappress] Source: Businessweek, October 2, 2011;
Sri Lankan President Mahinda Rajapaksa on Sunday said natural gas has been found off the Indian Ocean island nation in the Mannar Basin, in… By Ranga Sirilal and C. Bryson Hull (Reuters) [mappress] Source: Reuters, October 2, 2011;
– The Supervisory Board of Linde AG has appointed Thomas Blades (55) as a new member of the Executive Board. Blades succeeds J. Kent Masters (51), who steps down today from the Linde AG Executive Board. Blades will assume his position by 1 April 2012 at the latest. Blades’ most recent role was as CE
Deep Down, Inc. , an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today announced it has been awarded two LSFL (Loose Steel tube Flying Lead) orders worth in excess of $3 million. One order was placed by a major
The Underwater Centre has picked up a top award at the inaugural Energy North Awards Ceremony held in Inverness, Thursday, September 29). The Centre triumphed in the Best Oil and Gas Industry Service Supplier category. The Best Oil and Gas Industry Service Supplier recognises those companies that ar
Under the charter contract with Centrica Energy Upstream, the charter is automatically extended by six months unless notice is given six months prior to the expiration of the contracted period. The expiration of the currently contracted period was March 28, 2012, and the charter for FPSO Sevan Hummi
