Saudi Arabian Oil Company (Aramco) plans to construct offshore facilities at the Hasbah Field, North of Dahran, Saudi Arabia. The project… [mappress] Source:Zawya, March 4, 2011;
Financing for the Nord Stream project is secured: Today, the company together with its shareholders in the consortium, OAO Gazprom, E.ON Ruhrgas AG, BASF SE/Wintershall Holding GmbH, N.V. Nederlandse Gasunie, and GDF SUEZ S.A. announced the successful signing of Phase II financing of the pipeline pr
Dolphin Drilling Ltd, a subsidiary of Fred. Olsen Energy ASAš, has entered into a Letter of Award for the provision of the semi-submersible Borgsten Dolphin (photo left) with an undisclosed client for a four well drilling programme with an approximately six month duration and commencement early Apri
In February, EMGS extended its water-depth record by towing an EM source at a depth of 3,449 m. The survey is part of the long-term work EMGS is performing for PEMEX in the Gulf of Mexico. Markus Skarø, EMGS Vice President of Acquisition, says, “The new record is 57 m deeper than our previous [&hell
SACS is an integrated finite element structural analysis suite of programs that uniquely provides for the design, fabrication, installation, operations, and maintenance of offshore structures, including oil platforms and wind farms. Thirty-eight years of focus on these specialized requirements have
IGas, a domestic gas producer and leading developer of unconventional gas resources in the UK, today announces that it has received the necessary regulatory approval to become the operator and sole owner of its licences. This follows an announcement on 31st January 2011 of the signing of an agreemen
FoundOcean has been awarded the offshore grouting contract by SBM Offshore for the MOPUstor Phase 2 installation in the Yme Oil Field, North Sea. Grouting equipment has been mobilised and set up on the work vessel, and a suitable work window is awaited prior to mobilisation of the 12-man crew. The M
Rising demand for floating offshore gas terminals has resulted in the development of new technologies and specialised units, leading to a number of innovative design concepts. Based on DNV’s extensive experience in this segment, the company has prepared a detailed design and construction guidance, s
Gulmar Offshore took delivery on 3rd March 2011 of the ‘Gulmar Atlantis’- the first of its two new-build vessels from the Hanjin shipyard in Busan, South Korea. These latest generation Diving/ROV Support Vessels each have an 18-man, 300m-rated diving system with twin diving bells and twin 18-man sel
KONGSBERG has completed the world’s longest multi-sensor AUV pipeline survey using one of its cutting-edge HUGIN 1000 Autonomous Underwater Vehicles (AUV). The pipeline inspection took place February 9th – 11th 2011, in the Hjelte fjord near Bergen, Norway and the HUGIN 1000 was operated from the Ro
SBM Offshore’s consolidated result for 2010 is a net profit of US$ 276.0 million, a 20.0% increase in comparison with the 2009 net profit of US$ 230.0 million. This result includes non recurring items which generated a net gain of US$ 9.0 million in 2010 (US$ 32.4 million in 2009). Net profit attrib
Cameron Subsea Systems has signed a non-exclusive Global Agreement with BP for the Engineering, Procurement, Construction and Operational Support for Subsea Production Systems. The Global Agreement recognizes that the alignment of standards, specifications and processes and the introduction of produ
First Hydrocarbon Nigeria (“FHN”) has today announced the appointment of Adebayo Ayorinde and Faiz Imam(photo) to the FHN Board of Directors and Ahonsi Unuigbe as Chief Financial Officer. Afren plc (“Afren” or the “Company”) holds a 45 per cent. shareholding in FHN. FHN has today announced the appoi
Greatship Global Energy Services Pte. Ltd., a Singapore incorporated subsidiary of Greatship (India) Limited (GIL), which is a subsidiary of The Great Eastern Shipping Company Limited took delivery of 2009 built 350 feet jack up drilling rig, GREATDRILL CHETNA, on March 2, 2011. Greatdrill Chetna is
