Mechanical engineering group EnerMech has acquired Aberdeen Valve Supplies Ltd (AVS) in a deal believed to be worth around £1.5 million. AVS and its subsidiaries LG Ball Valves Ltd and Valve Paint Shop Ltd supply valves, valve controls and associated equipment and services to the oil, gas and petroc
Statoil has given Aker Solutions the assignment to build and install a compressor module on the Kristin platform in the Norwegian Sea. The module will help to improve recovery from the Kristin and Tyrihans fields. The engineering, procurement, construction and installation (EPCI) contract is for top
Cove Energy plc , the East African oil and gas exploration company, announces that the Belford Dolphin drillship has arrived on location at the Tubarao well site. This follows cessation of operations on the Lagosta gas discovery which has been suspended to allow for future flow testing. As announced
The Chairman of Clough Limited, Mr Keith Spence(Top row; 1st right to left), announced today that Chief Executive Officer, Mr John Smith, has advised the Board that he will be retiring from Clough around the fourth anniversary of his tenure, in August 2011. Clough has commenced an internal and exter
Xcite Energy Limited announces that the flow test of the 9/3b-6z horizontal well on the Bentley field has been successfully completed. The flow rates achieved demonstrate both the commerciality of the Bentley field and the reservoir properties to be above the upper end of modelled expectations. Key
Vantage Drilling Company announced that its customer for the Sapphire Driller has advised Vantage that it believes the current political disruptions in Côte d’Ivoire constitute a force majeure event under the drilling contract. The Sapphire Driller has just completed its work offshore Gabon and was
Keppel FELS Limited (Keppel FELS) has secured an order for a KFELS B Class jackup rig worth about US$180 million from Jasper Investments Limited (Jasper), with an option for another similar unit. The rig is slated for delivery in 2H 2012. If exercised, the option for the additional rig will bring th
ConocoPhillips has conditionally awarded a contract for engineering, procurement and construction (EPC) of the topside module for the Ekofisk 2/4 Z platform to Aker Solutions. The contract award is subject to project approval by the PL018 license group, and Norwegian authorities’ approval of the pla
FMC Technologies, Inc. announced today that it has signed a five-year Enterprise Framework Agreement (EFA) with Shell with an option to extend the agreement for an additional five years. This agreement facilitates to international projects the same mutual benefits that Shell and FMC have enjoyed thr
MEO Australia Limited advises that since the last progress report, final logs were acquired and abandonment operations commenced. The proximity of a Tropical Low, with the potential to develop into a cyclone, necessitated the de-manning of all personnel from the Songa Venus rig starting on Tuesday 1
MEO Australia Limited has been advised today that the Delegate of the Designated Authority for the Territory of Ashmore and Cartier Islands offshore area has approved the acquisition by MEO of a 100% interest in AC/P50 & AC/P51 from Silver Wave Energy Pte Ltd (“Silver Wave”) and has duly registered
Aker Solutions has been awarded the tie-in and connector scope associated with the Goliat flowlines and risers contract by Technip Norway. The contract value is approximately NOK 65 million. The scope of work includes the outboard remote tie-in system termination heads and associated equipment. The
TGS will commence a new multi-client 3D survey in the Tarakan Basin, offshore East Kalimantan, Indonesia in the Celebes Sea. The survey, TBN10, is the first ever multi-client 3D survey for TGS in Indonesia waters and will cover in excess of 1,600 km2. The data will be acquired by the M/V Seisquest a
Sembcorp Marine’s subsidiary Jurong Shipyard has secured two turnkey contracts with a combined value of up to US$400 million to build two jackup rigs with options for another four jackup rigs from a subsidiary of Noble Corporation. If all four of the options are exercised, the total estimated value
