BW Offshore has signed the contract for the completion of the FPSO OSX-1, a project with an approximate value of the scope of USD 150 million. BW Offshore will act as the project manager, assisting the owner, a subsidiary of the Brazilian publicly traded company OSX Brasil S/A, providing engineering
Acergy S.A. announced today that it has been awarded a new four year contract for the Acergy Condor by Petrobras in Brazil, commencing in September 2010. This contract, valued at approximately $220 million, is for the provision of flexible laying services, offshore Brazil in water depths of up to 2,
Statoil commenced production of oil from the Morvin subsea field towards the Åsgard field in the Norwegian Sea Sunday, 1 August. “The field is strategically important for further development and operation of activities in the Norwegian Sea,” says Ivar Aasheim, head of the Operations North cluster in
CHC Helicopter today it has been awarded an £11m/year contract to provide crew change services for Apache North Sea. The five-year deal, which has the potential for two one year extensions, will see CHC Helicopter add a second Sikorsky S92 aircraft to its Aberdeen fleet at a cost of £14.5m. The cont
Statoil has been granted consent to use the mobile facility Island Wellserver for well intervention activities on Yttergryta and Snøhvit. Statoil has previously been granted consent to use Island Wellserver for well intervention activities on fields in the North Sea and the Norwegian Sea, and has no
Melrose Resources, the oil and gas exploration, development and production company, announced an exploration discovery in the Galata block offshore Bulgaria. The Kavarna East No.1 well has been successfully drilled to test an exploration prospect approximately 10 kilometres to the east of the Melros
BP announced that it will establish a $100 million charitable fund to support unemployed rig workers experiencing economic hardship as a result of the moratorium on deepwater drilling imposed by the United States federal government. The Rig Worker Assistance Fund will be administered through the Gul
Negotiations have been launched between the federal government and Quebec in an attempt to strike an offshore drilling deal similar to those… The Chronicle Herald [mappress] Source: thechronicleherald, July 30, 2010:
Lundin Norway AS (Lundin Petroleum) has received consent to conduct exploration drilling of well 16/1-14 in PL 338. The well will be drilled with the mobile drilling facility Transocean Winner The purpose of drilling is to investigate the production characteristics of the formation. The drilling loc
The Board of Directors of Total, led by Chairman and CEO Christophe de Margerie, met on July 29, 2010 to review the Group’s second quarter and first half 2010 accounts. Adjusted net income for the second quarter 2010 was 2,961 million euros (M€), an increase of 72% compared to the second quarter 200
Kea Petroleum plc announced that the New Zealand Minister of Energy has given his formal approval, under the Crown Minerals Act 1991, to the acquisition by the Group’s wholly owned subsidiary, Kea Oil and Gas Limited, of a 100% interest in Petroleum Exploration Permit PEP 381204 from Genesis Power L
The topside for the second phase of the Akcakoca field development was fabricated within GSP Shipyard. The load out operation was carried out under the supervision of the project management team and the beneficiary’s representatives. GSP Neptun, the 1800 tons heavy lift crane barge, performed the lo
AWE Limited announces that its Managing Director, Bruce Wood, has advised he has decided to retire on or about his 60th birthday and consequently has given twelve months notice under his employment contract. The Board has launched a global executive search for his replacement. The board and Bruce ha
Subsea 7, one of the world’s leading subsea engineering and construction companies has chosen BlueView Technologies to provide an acoustic imaging system for its new line of Autonomous Inspection Vehicles (AIVs). Under this agreement, BlueView will deliver both forward looking navigation and trackin