ULSTEIN’s new company exhibition, ULSTEIN EXPO, opened its doors to the public on Friday 17 June. The opening was a success, with hundreds of visitors during Friday night and Saturday. Additionally, several groups have already booked guided tours of the exhibition in the coming months. “We are very
Dresser-Rand Group Inc. and Statoil announced today that they have launched a joint research and development project based on Dresser-Rand’s Integrated Compression System (ICS). The ICS is an advanced technology platform that uses high-efficiency DATUM centrifugal compressor technology driven by a h
Saipem has been awarded new offshore and onshore drilling contracts worth $ 600 million. Saipem has been awarded the contract by Eni to extend the charter of the Saipem 10000 drillship for the duration of 24 months, starting from August 2012. Saipem 10000 is an ultra deepwater drillship, capable of
Chairman Board of Investment (BOI) Saleem H. Mandviwalla has stated that Pakistan could benefit by the expertise of ENI to optimize the … Copyright PPI (Pakistan Press International), 2011 [mappress] Source:Businessrecorder , June 20, 2011;
Catalist-listed ES Group (Holdings) Limited announced today that its wholly-owned subsidiary, ES Offshore Engineering Pte. Ltd., has been awarded a new contract to construct two jack-up blocks for a major Singapore shipyard. This project comes on the back of numerous similar construction contracts a
Statoil today announces discoveries in both side tracks on the Peregrino South well, immediately adjacent to the newly opened Peregrino field offshore Brazil. The estimates of recoverable volumes in Peregrino South are between 150 – 300 million boe. This discovery brings a phase two development of t
The Brazilian National Oil Company, Petrobras has approved delivery of READ’s new and innovative Permanent Reservoir Monitoring (PRM) System, the PerForM™. An audit and Final Acceptance Test (FAT) of the system was completed by Petrobras representatives at READ’s facilities in Houston, Texas, in Apr
Through its subsidiary TTS Energy AS, TTS Group ASA has signed a Letter of Intent with Jurong Shipyard Pte Ltd in Singapore, for delivery of a high performance drilling equipment package for a new CJ70 Jack-up to be built for North Atlantic Drilling Ltd. The contract has a value of approximately NOK
The Board of Fred Olsen Production ASA informs that Mårten Lunde will resign as CEO of the Company on 31 July 2011. The Board has decided to appoint CFO Jørn Røkaas as acting CEO as from 1 August. The Board regrets Lunde’s decision to leave the company and will thank him for his contribution to [&he
Alexey Miller, Chairman of the Gazprom Management Committee and Mahinda Rajapaksa, President of Sri Lanka held a working meeting as part of the St. Petersburg International Economic Forum 2011. The meeting participants considered the prospects for bilateral cooperation in the energy sector, particul
OSD-IMT, the UK arm of Offshore Ship Designers, has been chosen by Samsung and Boskalis-SMIT Engineering to develop the basic design, detailed design and production drawings for a 99 m cable laying vessel. Neil Patterson, managing director of OSD-IMT, says, “This project illustrates perfectly the st
An oil worker has fallen to his death from a North Sea rig. The incident happened at 11.20am on Thursday on the Brent Charlie oil rig … Source: STV [mappress] Source:STV , June 20, 2011;
Aker Solutions has secured a contract for subsea compression topside modifications of the Åsgard A and B platforms with Statoil. The contract value is approximately NOK 650 million. The purpose of the modification is to supply electricity to the Åsgard subsea compressor units, which will be installe
Sterling Resources Ltd. has filed a Notice of Dispute with the State of Romania under the Treaty for the Promotion and Reciprocal Protection of Investments between Romania and Canada (the “Treaty”). The Notice of Dispute was filed on June 20th, 2011 as a result of deliberate and discriminatory actio
