Keppel Shipyard announces it has secured a fast-track project for the upgrading of a FPSO vessel from Petrofac International (UAE) LLC, a subsidiary of Petrofac. The upgrading of the ex-FPSO East Fortune includes refurbishment and life extension works, engineering, fabricating, installing and integr
Statoil has today submitted a plan for development and operation (PDO) for the Vigdis North-East development in the North Sea to the Norwegian Ministry of Petroleum and Energy. Production start is scheduled for December 2012. This is the second fast-track development plan submitted to the Norwegian
Pursuant to the decision by the Gazprom Board of Directors, an order was signed to open the Company’s representative office in the city of Doha, State of Qatar. The representative office will pursue the primary objective of developing long-term mutually beneficial economic cooperation of Gazprom wit
Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, has signed an agreement with BG Egypt, a division of BG Group plc (‘BG Group’), a leading oil and gas operator in the global energy marke
Eni announces the successful appraisal and testing of the Sankofa discovery in the Offshore Cape Three Points (OCTP) licence, offshore Ghana. The Sankofa-2 well was drilled in 864 meters water depth at a distance of about 55 km from the coast and successfully appraised the Sankofa discovery. The wel
Polarcus Limited announces that the Company has today received a Statement of Qualification from Det Norske Veritas (DNV) to qualify Polarcus’ Arctic operating procedures according to industry best practice and relevant standards. The Statement of Qualification was presented to Polarcus at the 7th A
Wood Group Kenny announces the launch of two new joint industry technology initiatives, SURF IM and SLARP, valued at US$1m, which are considered critical for the future operation of subsea systems, particularly for deepwater and long-tieback locations. Wood Group Kenny has been proactive in proposin
SBM Offshore has awarded a contract to Keppel Singmarine in Singapore for the detailed design and construction of a multi-purpose Diving Support & Construction Vessel (DSCV). This investment is an important element of the Company’s strategy to grow offshore contracting activities within the Turnkey
Coastal Energy Company announces the successful results of the Bua Ban North A-03 exploration well. The Bua Ban North A-03 well was drilled to 5,346 feet TVD and made a discovery in the Miocene interval. The well encountered 125 feet of net pay with 28% average porosity. The A-03 tested a fault bloc
Polarcus Limited announces that the Company intends to issue USD 125 million in principal amount of Senior Secured Convertible Bonds (the “Bonds”) with a five-year tenure. The purpose of the Bonds is to finance the acquisition and completion of POLARCUS SELMA, an ultra-modern and Arctic-ready 8 stre
EnCore Oil plc to provides an update on the Cladhan appraisal well 210/30a-4 located in UK North Sea Block 210/30a. The appraisal well was drilled as a deviated well to a Total Measured Depth of 12,252 feet and encountered oil bearing Upper Jurassic sandstones in two separate reservoir intervals. No
The C-NLOPB is responding to a report from Husky Energy of a release of approximately 4000 litres of synthetic-based mud (SBM) onto the deck of the GSF Grand Banks platform on April 8. Operations were suspended when the incident occurred and clean-up response was initiated. It currently appears that
Statoil has received consent to use the Island Wellserver mobile facility for well intervention activities on Troll Oseberg Gass Injection (TOGI). In addition to the fields included in previous consents a need has arisen to carry out minor well intervention work on TOGI. The objective of the activit
Tidewater Inc. recently announced the promotions of Nelson Greer, Mark Handin and Darren Vorst to Vice Presidents of Tidewater companies, effective April 1, 2011. Mr. Greer joined Tidewater in 1982, after completing 13 years in the British Merchant Marine. He completed the Harvard Business School Ge
