Iran is implementing 14 mega projects in its giant South Pars field that are scheduled to be completed in 35 months. [mappress] Source: Irandaily, December 28, 2010;
ConocoPhillips spent $4.87 million in the third quarter to lobby the federal government on offshore drilling and other issues, according … [mappress] Source: Canadian Business, December 28, 2010;
Wilhelmsen Ships Service has launched a new range of Unitor Ultrasonic Cleaning Machines. The series, which consists of four choices of cleaning unit capacity, includes some important advanced features, such as an ultrasound sweep function to ensure a uniform distribution of the cleaning function th
The Charterer CGGVeritas has recently trough it subsidiary Exploration Investment Resources II AS declared their option and extended the contract with 3 years for the seismic vessel Veritas Viking starting ultimo May 2011. The owner of the vessel is Eidesvik Shipping AS, a subsidiary of Eidesvik Off
Dresser-Rand Group Inc. (“Dresser-Rand” or, collectively with its affiliates, the “Company”) , a global supplier of rotating equipment and aftermarket parts and services, has been awarded over the past thirty days, compression and power generation equipment worth approximately $250 million in advanc
Petrobras announces the start up of the Extended Well Test (EWT) in the Guará area, which occurred on December 25, in the pre-salt layer of Santos Basin. The EWT is producing through the well SPS-55, using the FDSPO Dynamic Producer platform, and is expected to last for five months.The daily product
Abu Dhabi’s Zakum Development Company (ZADCO) is working at full stretch on the enormous expansion of drilling and production to achieve … [mappress] Source: Arabianbusiness, December 28, 2010;
FMC Technologies, Inc. that it has signed an agreement with Statoil for the manufacture and supply of subsea production equipment to support the Vigdis North-East development. The award has a value of approximately $75 million in revenue to FMC Technologies. Vigdis North-East is a fast-track oil and
Acergy S.A. On September 23, 2010 Acergy S.A. and Subsea 7 Inc. submitted a notification to the UK Office of Fair Trading (OFT) regarding the parties proposed merger. The OFT announced on December 21, 2010 that it is considering undertakings from the parties in lieu of referring the proposed merger
UAE-based MIS Group (Maritime Industrial Services ), a diversified engineering and contracting group focused on the energy sector, announces the signing of a Memorandum of Understanding (MOU) with Kavin Engineering and Services Private Limited, India (Kavin) to form a long term strategic joint ventu
Platform Supply Vessel (PSV) REM Supplier which was built at Drydocks World’s Nanindah shipyard was successfully delivered to REM Offshore, Norway-based shipping company engaged in the oil and gas sector. The vessel was built at one of the three Drydocks World yards located on Batam Island, Indonesi
According to Seabrokers, Technip’s new pipelay vessel Apache II is to install a 14 km rigid steel flowline in deepwater 60 km offshore Ghana. The operation which is due to commence before year end is part of a lumpsum contract awarded by Ghana National Petroleum for a flowline installation on a pipe
Keppel Offshore & Marine Ltd (Keppel O&M), through wholly-owned subsidiaries Keppel Shipyard Limited and Keppel Singmarine Pte Ltd, has clinched new contracts totalling S$240 million (Approximately USD $185 million). These comprise the upgrading of a Floating Production Storage and Offloading (FPSO)
Modiin Energy LP has begun a 3D seismic survey of its offshore Yam Hadera license. The survey will examine a 485-square kilometer area and… By Yossi Nissan (Globes) [mappress] Source:Globes, December 27, 2010;