An agreement has been signed with the Brodosplit shipyard in Split, Croatia, for the construction of a top segment heavy lift vessel. The construction of this new generation vessel confirms Jumbo’s position as market leader in heavy lift shipping. The new vessel will have a length of 152.60m and a b
On July 13, SOCAR President Mr. Rovnag Abdullayev met with Mr. Phil Mulhall, ExxonMobil Regional Manager for Europe and the Caspian Region and Mr. Steven Mann, chief advisor on international issues. Mr. Abdullayev informed the guests on the latest achievements of Azerbaijan in the oil and gas indust
KS Energy Limited announces that one of its drilling related subsidiaries, together with its consortium partner, PT Pertamina Drilling Services Indonesia, has been awarded a contract, by a major oil company operating in Indonesia, to provide development drilling rig services worth approximately USD
AGR Field Operations announced today that it had been awarded an extension worth approximately NOK 60 million by Statoil for Inspection and Certification of non-complex lifting equipment. The services will cover Statoil’s operations on the NCS, from Snøhvit in the North to Sleipner in the South. The
Ross Offshore acquires the two Odfjell Drilling companies Odfjell Well Management AS and Odfjell Well Management Consultants AS. The name of the combined company will be Ross Offshore. OWM has a strong position in all aspects of well management, from concept to close-out. Its subsidiary Odfjell Well
SBM Offshore announces it has received a letter from BP Exploration Operating Company Ltd confirming full project sanction for the supply of an internal turret mooring system for the Quad 204 FPSO project. The contract consists of engineering, procurement and construction of an internal turret moori
SBM Offshore N.V. announces that contracts for the twenty year charter and operation of FPSO Cidade de Paraty for the Lula Nordeste development in the pre-salt area, offshore Brazil, have been executed with BM-S-11 Consortium (65% Petrobras SA – Operator, 25% BG Group (BG E&P Brasil Ltda) and 10% GA
On 21 June 2011, the Petroleum Safety Authority Norway (PSA) conducted an audit of Premier Oil Norge AS (Premier). Background The background for this audit is the fact that this is the company’s first operated exploration well on the Norwegian shelf. The PSA prioritises follow-up of new players that
Rolls-Royce, the global power systems company, has been awarded a £50 million contract by Swire Pacific Offshore to supply advanced anchor handling systems for four offshore vessels, currently under construction in Singapore. The systems are developed for the safer handling of large anchors on deck,
FAIRSTAR HEAVY TRANSPORT N.V. achieves 100% fleet utilization for FJORD and FJELL in Q2. Fairstar Heavy Transport N.V. (FAIR) reported fleet utilization of 100% for FJORD and FJELL in its Q2 financial accounts released to the market today. The company reported operating profits for the quarter of US
ConocoPhillips provides additional information in regards to the oil spill incidents that occurred in Bohai Bay, People’s Republic of China on June 4th and June 17th 2011, and the ongoing clean up and containment program that is underway. On June 4 seepage on the seabed was observed along a naturall
The leading Investor Relations (IR) award, IR Magazine Awards 2011, elected Petrobras as the company with the best investor relations program for individual investors. In Brazil, the event is conducted by IR Magazine and the Instituto Brasileiro de Relações com Investidores (Brazilian Institute of I
Eurocopter yesterday marked the 100th delivery of an EC225, which was received by Bristow Group Inc. (Bristow) – the leading provider of helicopter services to the offshore energy industry worldwide. The landmark EC225 was supplied in the oil and gas configuration, but it can be used by Bristow in o
On July 12, SOCAR and Swiss Foster Wheeler signed a memorandum of understanding. The document was signed by SOCAR Vice-President for strategic development Mr. Tofig Gahramanov and Chief Executive Director of Foster Wheeler Mr. Marco Maresco. The MoU involves the establishment of a joint venture on t
