Aker Solutions has reached a key milestone in being selected as one of two remaining players for the delivery competition of the Browse LNG development. The FEED will commence immediately and the EPCI tender will be submitted mid-2011 with expected contract award end 2011. Per Harald Kongelf, execut
McDermott International, Inc. , announced that certain of its subsidiaries in the Middle East and Caspian region were recently awarded a number of contracts for offshore engineering and construction projects ranging from installation, through to full EPCI work, as part of the company’s $2 billion of
FMC Technologies, Inc. announced that it has signed a five-year global frame agreement with BP to provide subsea production systems and life-of-field services for their worldwide subsea development projects. “We have a strong relationship with BP and have supported a number of their projects in the
Effective from today, Sevan intends to report the Technical Uptime for the fleet in operation on a monthly basis. Technical Uptime for the months of January and February 2011 were as follows: January (%) February (%) FPSO Sevan Piranema 100 100 FPSO Sevan Hummingbird 100 100 Sevan Driller 78 97
The Norwegian Petroleum Directorate has granted BG Norge a drilling permit for well 6604/2-1 cf. Section 8 of the Resource Management Regulations. Well 6604/2-1 will be drilled from the Aker Barents drilling facility at position 66°47’1.791” north and 4°33’34.85”east after completing the drilling of
Reef Subsea is awarded four-year frame agreement contract by Technip for subsea construction operations in the North Sea and North Atlantic This frame agreement will allow Technocean AS, a subsidiary of Reef Subsea AS, to act as a partner to Technip Norway and other Technip Group companies for subse
The Petroleum Safety Authority Norway (PSA) has initiated an investigation following an incident in connection with a lifting operation on the Gullfaks A facility on 28 February 2011. One person was injured when he was crushed between two containers in connection with a lifting operation on the Gull
Visiongain’s brand new energy report The Oil & Gas Infrastructure Security Market 2011-2021 provides in-depth analysis of a sector critical to the stability of the global economy. The report forecasts the global market, sub-market sectors and the top 10 national markets over the coming ten years. Th
The partnership of Rex Oil & Gas Limited, an international oil company, and Petroci Holding, the national oil company of Cote d’lvoire, … [mappress] Source:Zawya, March 1, 2011;
The hull column construction of Octabuoy, being built for American ATP OIL & GAS, is nearly complete in the COSCO Qidong Offshore Base. Octabuoy, the octagonal semi-submersible drilling unit, is an FDPSO semi-submersible drilling production storage platform. Its structural weight is about 23,114 ton
EMAS AMC has won yet another major contract, from one of the world’s premier energy companies, Statoil. The EPIC project with Statoil, an internationally renowned energy company, is worth approximately US$41 million and will involve EMAS AMC supplying and installing 55km of power cables along with a
The Board of Directors of Kencana Petroleum Berhad (“Kencana Petroleum” or “the Company”) is pleased to announce that its wholly owned subsidiary, Kencana HL Sdn. Bhd. (“KHL”) has secured a contract from Petrofac E & C Sdn. Bhd. (“Petrofac”) for the Mobile Offshore Production Unit (“MOPU”) and Wellh
Aker Solutions has completed the transfer of ownership of subsidiary Aker Marine Contractors (AMC) to Singapore listed Ezra Holdings Ltd. Aker Solutions confirms the transaction details given in the announcement on 22 October 2010. In the transaction, AMC is valued at USD 250 million. Ezra has settl
Trico Marine Services, Inc. today announced that it intends to conduct an auction to sell certain additional Towing and Supply vessels, in continuation of the Company’s exit from the Towing and Supply business. The United States Bankruptcy Court for the District of Delaware (the “Court”) recently is
