Following the completion of the restructuring activities of Cecon this winter, focus has been marketing the company’s services using modular spreads on third party vessels. With the 1600t Sampson DPIII pipelay / heavy lift vessel being part of the company’s marketed portfolio, focus has shifted to a
MEO Australia Limited advises that Petrofac Energy Developments (“Petrofac”) has elected not to exercise its option to acquire 5% interest in NT/P68 & Tassie Shoal Projects. The option, which expired on 30th June 2011, was granted to Petrofac in October 2009. At this time Petrofac agreed to withdraw
Canadian Overseas Petroleum Limited has been informed by Peppercoast Petroleum plc (“Peppercoast”) that discussions continue with The National Oil Company of Liberia (“NOCAL”) and the Government of Liberia regarding the requisite approval for the closing of the Sale and Purchase Agreement of Block L
VRcontext International was recently awarded a milestone contract with TOTAL E&P Angola to deliver a 3D “Immersive Training Simulator” (ITS) for the Pazflor FPSO, to be anchored on one of TOTAL’s largest offshore producing assets. Walkinside allowed the TOTAL Training Room Instructors to create cust
Air Products, the leader in providing liquefied natural gas (LNG) technology and equipment to the world, today announced it has been selected to supply its proprietary cryogenic coil wound LNG heat exchanger for the world’s first Floating LNG (FLNG) facility to be located in the Browse Basin off the
McDermott International, Inc., announced today that John T. (“Jack”) McCormack has been appointed Executive Vice President, Chief Operating Officer of McDermott International, Inc. effective June 30, 2011. “Jack has been instrumental in leading our Asia Pacific and Middle East operations to exceptio
The growing importance of deepwater exploration and production developments offshore China led classification societies ABS and CCS (China Classification Society) to conduct a joint “Deepsea Developments in the China Offshore Industry” meeting on 17 June 2011. The meeting, which was held in Beijing,
On 29 June, Offshore Energy’s Committee of Recommendation convened in Rotterdam for a diner pensant. The members, among others CEO’s and managing directors of Dockwise, Chevron, Van Oord, Mercon and Tullow Overseas Holding, discussed the ambitions, market position, program and organization of Offsho
Baker Hughes has introduced a wellbore clean-up and displacement system designed to improve efficiency and reduce operational risks in high-cost environments such as deepwater applications; horizontal, extended-reach, and deviated wells; deep wells; and wells with high dogleg severity. The X-Treme C
The Board and Management of Keppel Corporation Limited announced that Mr Tong Chong Heong, Chief Executive Officer (CEO) of Keppel Offshore & Marine Ltd (Keppel O&M), has been appointed Senior Executive Director (SED) with effect from 1 July 2011. Mr Tong Chong Heong has served as Executive Director
In 2011, PGS is looking for more unexpected and the unexplored targets in key producing areas of the North Sea with a new wave of GeoStreamer MultiClient 3D. Near-field exploration potential GeoStreamer® technology promises to unlock the excellent near-field exploration potential still offered by th
Kongsberg Oil & Gas Technologies AS (KOGT), a wholly owned company of KONGSBERG, has acquired 100% of the shares in the Stavanger, Norway based Seagear AS. The acquisition, which completed today (30th June 2011), will see the entire Seagear team join forces with KOGT’s Seaflex Riser Technologies Bus
Just six weeks after the plan for development and operation (PDO) for Hyme (ex-Gygrid) was submitted on 12 May, the Norwegian Ministry of Petroleum and Energy (MPE) has given the green light. First oil is scheduled for the first quarter of 2013. The approval was given the same day as Norwegian petro
The Board of Directors in Bergen Group ASA has appointed Terje Arnesen as the new CEO of the company. Arnesen has been acting in the position since 1 June 2011 when he took over from Pål Engebretsen. “We are very pleased that Terje Arnesen has agreed to take responsibility as CEO of Bergen Group. Ar
