Officials from the Department for Energy and Climate Change put the unexpectedly large fall down to “maintenance and other production … By Rowena Mason (Telegraph) [mappress] Source:Telegraph , September 30, 2011;
Aker Solutions has secured a contract for maintenance, modifications and operations work with an undisclosed customer in the UK sector of the North Sea. The two-year contract will guarantee over 180 jobs annually for Aker Solutions in Aberdeen, UK. There are also two optional one-year contract exten
South Korean shipbuilders’ focus on the most complicated and expensive vessels has allowed them to double their share of global orders this… By Kyunghee Park (Businessweek) [mappress] Source: Businessweek, September 30, 2011;
Saipem has been awarded new E&C Offshore contracts worth €500 million. In Russia, Saipem has been awarded a contract for the subsea development of Kirinskoye Gas Condensate Field with Mezhregiontruboprovostroy (MRTS) for Gazprom Dobycha Shelf, as part of the Sakhalin 3 project development. The field
SBM Offshore announces it has signed a Shareholders’ Agreement with Naval Ventures Corp. (a member of Synergy Group) under which the two companies will cooperate and work together through one or more special-purpose entities in order to: (a) jointly develop and operate a yard and a FPSO integration
Kongsberg Maritime AS, a wholly-owned subsidiary of Kongsberg Gruppen ASA, completed the acquisition of Evotec AS today. Evotec AS addresses the maritime industry, developing and delivering technological management systems for the seismic, subsea and supply markets, among others. In these selected n
Sarawak-based Petra Energy Bhd is looking at buying more work barges, work boats and supply vessels to support its increasing role in the… Source: Bernama [mappress] Source: Bernama , September 30, 2011;
Offshore Marine Services Australia announced today success in the bid for the provision of two (2) tow tugs for SapuraAcergy in support of PTTEP’s Montara Development Project. The OMS Quest and the OMS Discovery will initially be engaged towing materials barges from Singapore and then providing in f
TGS announces receipt of a seismic permit from the Bureau of Ocean Energy Management, Regulations and Enforcement (BOEMRE) to acquire 3D Wide Azimuth (WAZ) data in the Gulf of Mexico. This project is expected to be part of the 2012 investment plan. TGS-NOPEC Geophysical Company (TGS) provides multi-
Otto Energy Ltd announces that it has now completed the transaction with Vitol previously announced on 12 August 2011. Otto has increased its stake in the Galoc Oil Field to a 33% direct working interest by acquiring 100% of the equity in the Operator, Galoc Production Company WLL. “Otto would like
Norwegian Energy Company ASA (Noreco) is a 20 percent partner in the Huntington oil field in the U.K. North Sea, which is currently under development. The field will be produced with the Sevan Voyageur FPSO. “The Huntington partnership (the JV) has been monitoring the situation at Sevan closely, and
On Sep.20th, 2011, the 69.9m AHTS Vessel ARCHON TIDE (Hull No. YX3135) built by Yuexin Shipbuilding Company for Tidewater finished a successful sea trial. The speed reaches 14.13 Knots and the bollard pull reaches 107.76t. Applying the design of FOCAL MARINE & OFFSHORE CORP LTD, YX3135 measures 69.9
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today announced a final rule that separates the federal regulations that govern offshore energy and resource development between the Bureau of Safety and Environmental Enforcement (BSEE) and the Bureau of Ocean Energy Managem
Malaysia-based international company, Bumi Armada Berhad, signed today a contract to supply and operate an FPSO for Apache Energy Ltd (Apache), to be located in block. WA-49-L of the Balnaves Field, north-west Australia The contract is for an initial 4 years fixed term time charter with an option of
