SOCAR and McDermott Caspian Contractors Inc., a subsidiary of McDermott International Inc., recently signed a contract to establish a … Source: Trend.az [mappress] Source:Trend.az, March 8, 2011;
Valiant Petroleum plc announces that its wholly owned subsidiary, Valiant Exploration Limited, has reached a series of agreements to farm-down and swap part of its 100% holding in blocks 210/29c and 210/30b which contain the Cladhan South prospect(s) (“Cladhan South”) and sit directly to the south a
Det norske has entered into an agreement with Talisman Energy to acquire 10 percent in PL438 in the Barents Sea. The license contains the prospect called Skalle. The license is operated by Lundin Petroleum who plans to drill the Skalle prospect in June this year using the drilling rig Transocean Lea
Launching all the South Pars gas field phases requires $60 billion investment in upstream sector of the field up to the end of Twenty Years Outlook in 2025, Iran’s petroleum minister, Dr. Mirkazemi announced. Addressing at the Second National Meeting On Perspective Of Integrated And Knowledge Center
China Offshore Oil Engineering Co. Ltd (COOEC), a subsidiary of the state owned Chinese oil company CNOOC, has selected the Norwegian ship-designer Skipsteknisk AS, to develop their new state of the art Multi Purpose Subsea Construction vessel. The vessel designated ST-262, will perform deepwater su
In 2010, two personal injuries were reported during saturation diving in connection with petroleum activities, according to the Petroleum Safety Authority Norway’s report from the diving database system DSYS. The Petroleum Safety Authority Norway (PSA) has established several databases in order to r
Technip was awarded by GDF SUEZ an engineering, procurement, construction and installation contract, worth approximately €45 million, for the Gjøa field development located in the Norwegian sector of the North Sea. This contract covers: * engineering and fabrication of two smoothbore gas export rise
Through its Brazilian subsidiary, Norskan Offshore, DOF has signed a contract with Petrobras for Skandi Leblon. The contract will commence in second quarter 2011 and has a firm duration of 4 years. Petrobras has options to extend the contract with additional 4 years. DOF was founded in 1981 and is t
Two leading North-east-headquartered organisations have joined forces to promote Peterhead Port and the facilities available in the town, within key target markets. Peterhead Port Authority (PPA) and international oil and gas logistics company, ASCO Group, have linked up to establish Peterhead Energ
Siemens has entered into an agreement to acquire the two subsea specialists Poseidon Group AS and Bennex Group AS from Subsea Technology Group AS, Norway. Poseidon provides subsea marinization, engineering and consulting, and has a workforce of 140 employees and consultants in Stavanger and Aberdeen
Oceaneering International, Inc. announced it has entered into a definitive purchase agreement to acquire Norse Cutting & Abandonment AS (NCA), for approximately $60 million. The purchase is expected to close by March 31, 2011. NCA is an oilfield technology company that specializes in providing subse
GE Oil & Gas has received a $7 million contract from Total E&P UK Ltd of Aberdeen, Scotland to supply drilling and production equipment for the expansion of the Elgin Franklin gas field in the North Sea. To meet the extreme well pressure and temperature demands of the project, GE is supplying surfac
Global Industries, Ltd. announced that it has been awarded multiple projects by McMoRan Oil & Gas for the decommissioning and abandonment of seven production platforms located in the central Gulf of Mexico in water depths ranging from 100 to 400 FSW. The decommissioning campaign is scheduled to comm
EnerMech Qatar LLC has been awarded a multi-million dollar three year call-off contract with Dolphin Energy Limited. Mechanical engineering company EnerMech, which has bases across the eastern hemisphere, will provide nitrogen purging and leak testing on Dolphin Energy’s onshore and offshore facilit
