Demonstrating its continued commitment to subsea equipment safety, reliability and performance, GE Oil & Gas today officially opened both its new Hyperbaric Testing Hall and a newly refurbished Electrical & Electronics Assembly Plant in Nailsea, U.K. Dean Arnison, Site Leader and Director for Subsea
Rockhopper Exploration plc , the North Falkland Basin oil and gas exploration company, announces that exploration well 14/10-3 located in licence PL032, 8 km to the north west of the Sea Lion oil discovery was drilled to a total depth (TD) of 2,830m. The well was designed to explore the northern lob
Keppel FELS Limited (Keppel FELS) is on track for an early and safe delivery of Alpha Star, the second of two DSSTM 38 semisubmersible rigs, to Brazil’s Queiroz Galvão Óleo e Gás (QGOG). Keppel FELS was awarded a total of S$40,000 in safety bonuses from QGOG for the strong safety performance during
GE announced that its Oil & Gas business has entered into an agreement to acquire the Well Support division of John Wood Group PLC (“Wood Group”) for approximately $2.8 billion. The transaction, which the Board of Wood Group intends to unanimously recommend to its shareholders, is expected to close
Seadrill is currently evaluating the structure of the Company’s harsh environment activities which include the six drilling rigs contracted in the North Sea area. In order to maximize the value of Seadrill’s harsh environment operations, and to create a basis for further strengthening of this segmen
Hercules Offshore, Inc. announced today that it has entered into an Asset Purchase Agreement with Seahawk Drilling, Inc. and its affiliates (collectively “Seahawk”) to purchase 20 jackup rigs and related assets from Seahawk for approximately 22.3 million shares of Hercules Offshore common stock and
Wintershall Norge ASA has been awarded the Norwegian “Annual Employer Brand Award” in Stavanger for its successful Human Resources management. The company only began operations as operator on the Norwegian Shelf in 2009, but had quickly managed to build up a portfolio of excellent staff. This was th
Imtech Marine (the marine division of technical services provider Imtech) announces its new 2011 – 2015 growth strategy. Imtech Marine targets to double its revenue up to 1 billion euro in 2015. Growth will be achieved by organic growth and by means of acquisitions. Eric van den Adel, Managing Direc
Offshore oil companies are grounding helicopter flights over rough seas off Newfoundland as recommended by the Transportation Safety Board… By Montreal Gazzete [mappress] Source:Montreal Gazzete, February 11, 2011;
As stated in MIO’s ASX announcement dated 31 December 2010, funds received from its recent vessel sales, including the sale of Miclyn Constructor II, are earmarked for deployment into expansion opportunities in other Offshore Service Vessel (“OSV”) classes and continued fleet renewal and expansion i
Texas-based oil pipeline and terminal operator NuStar Energy has started a joint venture with Turkish companies S-Oil and Aves for around US$54 million. The deal gives NuStar a 75% stake and operational control over two petroleum terminals in Turkey. One of the Turkish terminals has a storage capaci
BG Norge AS has been granted consent to carry out exploration drilling of well 6604/2-1 in the Norwegian Sea with the mobile facility Aker Barents. The well will be drilled in production licence 522, 374 kilometres west of Brønnøysund. The well has the coordinates N 66° 47’ 01.791”, E 04° 33’ 34.85”
ConocoPhillips Skandinavia AS has received consent to use the mobile facility Mærsk Innovator for drilling on the Ekofisk 2/4-B field. Sidetrack drilling and other work will be carried out on six production wells. Mærsk Innovator will be situated next to the 2/4-B facility and the drilling will take
Siemens and Saudi Aramco, one of the world’s largest oil companies headquartered in Dhahran, Saudi Arabia, have recently signed a corporate procurement agreement (CPA). This corporate-level agreement will strengthen the cooperation between the two companies. In addition, a sub-procurement agreement
