Bourbon Oceanteam 104 multi purpose support vessel will Friday June 17th change name into “Southern Ocean.” SALT/ TS Marine have the vessel on a bareboat contract from the owner company OB 4 AS and has appointed Bourbon Offshore Norway as ship manager. The decision of name change was taken upon star
The Board of Directors of Ezion Holdings Limited (the “Company” or “Group”)announced that its joint venture company, “Atlantic Labrador Pte Ltd” (“Atlantic”) has secured a charter contract with a value of up to USD 73.0 million over a 4 year period to provide a North Sea Class accommodation jack-up
Teekay Corporation today announced that Mr. Bill Berry has accepted an invitation to join Teekay’s Board of Directors, effective immediately. Mr. Berry replaces Mr. J. Rod Clark who has announced his retirement from the Teekay Board after serving as a Director since 2006. Mr. Berry brings considerab
ConocoPhillips today announced it has signed a Production Sharing Contract (PSC) with the Government of Bangladesh and Petrobangla covering two blocks in the deepwater area of the Bay of Bengal, representing ConocoPhillips’ first investment in the People’s Republic of Bangladesh. ConocoPhillips hold
Rolls-Royce, the global power systems company, today announced orders worth over £100 million to supply propulsion systems for offshore construction and drilling vessels. The ships will be built at shipyards in Asia for a range of ship owners including Seadrill, Pacific Drilling, Noble, Ocean Rig an
The Directors to Kvaerner’s Board have been elected. From Kvaerner’s first day of trading on the Oslo Stock Exchange in July 2011, the Board of Directors will consist of five shareholder-elected members as well as three members elected by Kvaerner’s employees. The shareholder-elected members are Kje
STX OSV Holdings Limited , one of the major global designers and shipbuilders of offshore and specialized vessels, announced today that it has entered into a joint venture with Industrial Control Design AS (“ICD”) of Norway to establish a new company for the development of offshore handling systems.
Conservationists have criticised the EPA’s recommendation to approve the project, saying the conditions will not be enough to protect … ABCNews [mappress] Source: ABCnews, June 16, 2011;
Cairn announces a number of changes to the composition of its board of Directors all of which will be effective from 1 July 2011. The Non-Executive Chairman, Norman Murray, will stand down from the board, as will Malcolm Thoms, Chief Operating Officer and Philip Tracy, Group Engineering and Operatio
Emissions of CO2 and NOx from petroleum activities are relatively stable. Discharges to the sea of produced water and oil have not changed much in the last few years either. The authorities and the oil industry agree that there are too many accidental discharges on the Norwegian shelf. The operators
Det norske oljeselskap ASA has as license partner made a gas discovery in the Norvarg prospect in the Barents Sea license 535, operated by Total E&P Norge AS. Exploration well 7225/3-1 has not been completed. Preliminary well data indicate gas at three different levels, a significant part of it in t
Karoon Gas Australia Ltd provides the following information to clarify media reports over the previous day in relation to the status of relevant federal government approvals for its proposed Browse Basin drilling program. During May 2011 a new application for a drilling approval was submitted to the
Petroleum Limited , on behalf of the SC 54B Joint Venture, announced the following update on the Gindara-1 well. On 16 June 2011, the current operation was drilling ahead in the Nido Limestone. Since the last drilling update on 14 June 2011, the Logging Whilst Drilling (LWD) logging tool and the dri
A/S Norske Shell (Shell) has been granted consent for use of the mobile well intervention facility Island Constructor for maintenance of subsea facilities on the Draugen field. In September 2010, Shell was granted consent to perform maintenance on wells A55H and B2H . However, the work was postponed