Dockwise Ltd. announces 12 awards for Heavy Marine Transport (HMT) and engineering projects that have recently been secured by its subsidiary Dockwise Shipping with a total contract value of almost USD 37 million. Dockwise was awarded an engineering contract to provide a FEM (Finite Element Model) a
The corporate assembly of Statoil has chosen Lady Barbara Judge and Bjørn Tore Godal as new members of Statoil’s board of directors. The corporate assembly also re-elected Svein Rennemo as chair, Marit Arnstad as deputy chair, and Roy Franklin, Grace Reksten Skaugen and Jakob Stausholm as board memb
Valiant Petroleum plc announced that its operated Viola North exploration well (Licence P1629, Block 30/18b) spud on 30 August 2010 using the Ensco 100 jack-up drilling rig. The well is anticipated to take around 60 days to reach its target depth of 15,750 ft true vertical depth sub-sea (~4,800 metr
Cairn Energy’s Stena Don oil rig is scaled by Greenpeace activists to demand an end to offshore drilling. The four climbers used RHIBS to dodge Danish Navy Commandos before climbing up the inside of the rig and hanging from it in tents suspended from ropes, halting its drilling operation. The climbe
Cooperation with Norwegian and Swedish Universities focuses on human factors in simulation. Simulation of Demanding Maritime Operations Kongsberg Maritime AS, Simulation & Training has made an agreement with the Research Council of Norway to form a user-directed research program called SIMAR – Simul
Endeavour International Corporation (NYSE Amex: END) (LSE: ENDV) today announced it has signed a definitive agreement to sell its Cygnus asset in the Southern Gas Basin of the United Kingdom sector of the North Sea to Bayerngas UK Ltd., the UK oil and gas subsidiary of Bayergas Norge AS, for a cash
Global Industries, Ltd. announced today that its Brazilian business unit (Global Industries Brasil) has been awarded a project for design, engineering, procurement, fabrication, installation and pre-commissioning to be performed in the Northeast region of Brazil. The project, worth approximately US$
Seadrill reports second quarter 2010 results: Highlights * Seadrill generates second quarter 2010 EBITDA of US$493 million * Seadrill reports second quarter 2010 net income of US$329 million and earnings per share of US$0.77 * Seadrill acquires the seven jack-up rig company Scorpion Offshore Ltd * S
Hardy Oil and Gas plc, the oil and gas exploration and production company, with assets predominantly in India, announces its fourth successive gas discovery in the exploration block KG-DWN-2003/1 (D3) of NELP-V. The well KGV-D3-W1, the fourth exploration well in this block, was drilled to a total me
Offshore engineering specialist IHC Engineering Business (EB) is “absolutely” confident of being back in profit this year after investment… By Karen Dent, The Journal [mappress] Source: Nebusiness, August 31, 2010,
Shipowner Polarcus took delivery of the 12 streamer 3D/4D seismic vessel Polarcus Asima on 31 August. The vessel is built at Drydocks World Dubai, and is of ULSTEIN´s SX134 design. The vessel, measuring 92 m length and 21 m breadth, is the largest in the Polarcus fleet Polarcus Asima is classed with
LUKOIL publishes consolidated US GAAP financial accounts for the second quarter and first half of 2010. The Company’s net income was $4,002 million in the first half of 2010, including $1,949 million in the second quarter. The Company’s free cash flow in the first half of 2010 amounted to $3,127 mil
Statoil has awarded to Aker Solutions Marulk tie-in to the floating production, storage and offloading (FPSO) vessel Norne. Aker Solutions estimates the value of the work to be approximately NOK 120 million. “This award falls within our core business and strategic objective of pursuing more advanced
Wood Group has entered into a contract with BP Operating Company Ltd (‘BP’) to provide topside engineering and project management services for BP’s Andrew Area Development project in the central North Sea. The project scope includes the tie-back of the Kinnoull reservoir to Andrew, some 28km away, a
