A/S Norske Shell, operator of the Ormen Lange field, has completed the drilling of appraisal well 6305/4-2 S on the Ormen Lange field. Ormen Lange was proven in 1997 and has been in production since 2007. The reservoir is in Paleocene and Upper Cretaceous reservoir rocks (Egga reservoir unit and the
BP announced immediate plans to enter into arbitration proceedings to resolve the issues raised by Alfa Petroleum Holdings Limited and OGIP Ventures Limited in their application to the English High Court relating to the share swap agreement and Arctic exploration arrangements agreed between BP and R
Dolphin Drilling Ltd, a subsidiary of Fred. Olsen Energy ASA, has entered into a contract for the provision of the accommodation semi-submersible Borgholm Dolphin with an undisclosed client. The contract will be for a firm duration of 10 months in the UK sector commencing end November 2011 in direct
ATWOOD OCEANICS, INC., a Houston-based international drilling contractor , announced that, on January 29, 2011, due to the civil unrest that has occurred in Egypt, its’ customer, RWE Dea Nile GmbH gave notice to Alpha Offshore Services Company, a wholly-owned subsidiary of Atwood Oceanics, Inc., of
Xcite Energy announces that its 100% subsidiary, Xcite Energy Resources Limited (“XER”), has entered into an extension to the binding letter of intent (“LOI”) with British American Offshore Limited(“BAOL”), part of Rowan Companies, Inc. for the N-Class “Rowan Norway” jack-up rig. The LOI has been ex
AVEVA one of the world’s leading providers of engineering design and information management solutions to the plant, power and marine industries, announced that STX OSV AS has signed an agreement to purchase the full AVEVA Marine solution suite. This deployment will provide STX OSV AS with a powerful
Further expanding its technology presence in Brazil’s deepwater exploration and production sector, GE Oil & Gas has received two contracts with a combined value of more than $50 million to supply a total of 171 subsea wellhead and installation tooling systems to Petróleo Brasileiro S.A. (Petrobras),
Scotland’s First Minister, Alex Salmond, MSP, was given a tour of pipeline engineering specialist STATS Group, as the company revealed 2011 turnover would exceed £17.5 million ($28.2 million). Mr Salmond was invited to visit STATS’ headquarters in Kintore, near Aberdeen, in recognition of his suppor
For Ship Equip 2011 has started off with a bang as the total number of installed SEVSAT systems passed 900. Add to that a record order backlog of more than 230 SEVSATS and it is easy to see that the future for Ship Equip looks bright. “We have anticipated this for a while” says CEO […]
Questions have been raised recently about the safety situation on the Gullfaks field. Statoil is holding a press meeting today to review the HSE factors at Gullfaks and to review the field’s geology, well conditions and recovery strategy. Safety takes top priority “Our people must be safe at work, t
McDermott International, Inc., announced today that one of its subsidiaries was awarded a contract to fabricate a 15,000 ton platform for Noble Energy’s Alen Gas-condensate Development Project (“Alen project”) off the East coast of Bioko Island, Equatorial Guinea. “This is a significant win for our
Enbridge Inc. announced today that it plans to expand the condensate processing capacity of its Venice, Louisiana facility. The estimated cost of the expansion is approximately $150 million and is expected to be in service in late 2013. The expanded condensate processing capacity will be required to
LONGREACH OIL AND GAS LIMITED, an oil & gas company focused on Morocco, announces the appointment of Jonathan Morley-Kirk as a Non-Executive Director and as Chairman of the Audit Committee. Mr Morley-Kirk is a Fellow of the Institute of Chartered Accountants in England and Wales specialising in emer
UAE-based MIS Group (Maritime Industrial Services ), a diversified engineering and contracting group focused on the energy sector, announces that is has recently signed contracts in its Fabrication value stream, with a number of new and existing clients. The contracts, a combined total of over $15 m