Engineering and construction company Clough Limited today announced the appointment of David Crawford as a Non-Executive Director to the Clough Board, effective immediately. Mr Crawford fills the vacancy created by the resignation of Mike Harding in October 2010. Mr Crawford has extensive experience
Statoil has submitted a plan for development and operation (PDO) for the Katla discovery in the North Sea to the Norwegian Ministry of Petroleum and Energy. Total investments are estimated at NOK 5.4 billion in current NOK. The Katla discovery was proven in March 2009, and is situated 13 kilometres
Jan Arve Haugan has been appointed President and Chief Executive Officer (CEO) of Kvaerner. This new engineering, procurement and construction (EPC) company is being established through a demerger of Aker Solutions. Kvaerner will be separate and listed on the Oslo stock exchange, most likely in July
Dockwise Ltd. announces 6 awards for Heavy Marine Transport (HMT) that have recently been secured by its subsidiary Dockwise Shipping with a total contract value of more than USD 34 million. Following the recently closed Master Service Agreement with Seadrill, Dockwise will be transporting the West
A memorandum of understanding (MOU) was signed at 27 April 2011, which outlines the main principles of how Norwegian Ulstein Group and Netherlands based IDEA Heavy Equipment are joining forces. The companies have entered into an MOU which will lead to an operational business in the Netherlands by th
BG Norge AS, operator of production licence 522, is in the process of completing the drilling of wildcat well 6604/2-1. The well has been drilled about 45 kilometres southwest of the discovery 6705/10-1 Asterix and 60 kilometres north of the discovery 6603/12-1 Gro. The purpose of the well was to pr
Eidesvik Offshore ASA is setting up a new ship- management joint-venture with the world’s leading international pure-play geophysical company, CGGVeritas, to manage ten high-capacity 3D vessels, including the two new X-BOW vessels, Oceanic Vega and TBN Oceanic Sirius. The joint-venture, CGGVeritas E
Schilling Robotics, LLC, experts in subsea systems, announced that C-Innovation has placed a contract for multiple ROV systems in support of their expanding international operations. This contract includes the supply of both HD™ and UHD™ work class ROV systems that will be deployed globally, includi
Statoil has responded on Frifay, 29 April, to questions put by the Petroleum Safety Authority Norway (PSA) in connection with its report into the Gullfaks B gas leak on 4 December 2010. “Concern with health, safety and the environment (HSE) is our first priority,” says Øystein Michelsen, executive v
Ulstein Design & Solutions has signed two ship design contracts with the Brazilian Shipyard Alianca S.A for the building of two ULSTEIN PX105 platform supply vessels with the X-BOW® hull line design for the Brazilian shipowner CBO. The contracts are worth approximately NOK 150 million. The contracts
Havila Shipping ASA achieved a result before tax of NOK -25,5m in Q1 2011, compared with NOK -14,8m in Q1 last year. Total revenue amounted to NOK 309.6 million in the 1st quarter of 2011 of which NOK 51.4 is profit from sale of Havila Saturn. Total revenues for corresponding period last year were [
Harvest Natural Resources, Inc. announced today commencement of drilling operations on the Ruche Marin-A exploration well located in the offshore waters of Gabon, West Africa. This exploration well will be drilled utilizing the Transocean Sedneth 701 semi-submersible drilling unit. The Ruche Marin-A
Gulf Island Fabrication, Inc. announced today, that through its subsidiary Gulf Marine Fabricators, it has signed a Letter of Award for the fabrication of a hull for a Williams deep-water Gulf of Mexico project. Revenue and man-hour backlog is included in the Company’s consolidated backlog reported
A catastrophic spill at an oil field off Newfoundland could be resolved by burning off the fuel, a report released Thursday says… By CBC News [mappress] Source:cbc, April 29,2011;