Polarcus Limited announces that the Company has received a Letter of Intent from Shell Kanumas A/S for a nominal 8,500 sq. km 3D seismic acquisition project offshore Greenland. The project, to be acquired by two ICE-1A/1A* class vessels, POLARCUS AMANI and POLARCUS SAMUR, will commence in Q3 2012. P
‘It has been our long time wish to increase focus on the project management aspect. Therefore, I am very pleased that we are now able to start up a new Projects Department’, said Jens Rebsdorf-Gregersen Regional Director in Ramboll Oil & Gas in Esbjerg, Denmark. As a part of Ramboll Oil & Gas’ devel
Bergen Group Offshore has, through its subsidiary Bergen Group Rosenberg AS, been awarded a contract by Statoil for fabrication of subsea structures with an estimated value of 50 MNOK. The project involves delivery of 12 off PLEM structures (Pipeline End Manifold) and one riser base with a total est
China Oilfield Services Limited announces its submarine cable fleet, Binhai517, has commenced a 3D encryption operation in China South Sea. This marks the beginning of the Company’s 3D surveying operations in China South Sea. Binhai517 Submarine Cable Fleet is COSL’s second submarine cable fleet, co
Petrobras announces that, since Jan 31, it has adopted all contingency procedures in response to the rupture that took place in the vertical production testing column (connecting the platform to the wellhead) of FPWSO Dynamic Producer. The platform is operating in the Extended Well Test (EWT) that i
IBM has been selected for a global research project to develop the world’s first integrated environmental monitoring system aimed at helping oil and gas companies minimize the environmental impact of their operations. IBM researchers, developers and a team from IBM’s Centre of Excellence for Oil and
SBM Offshore announces it has been awarded a contract by the Ichthys LNG Project for the engineering, procurement, fabrication and supply of a Turret and Mooring system. This system will be integrated by the client into the Ichthys FPSO and installed offshore NW Australia. The contract also includes
Aker Solutions acquires Norwegian engineering company Sandnessjøen Engineering. The acquisition will strengthen Aker Solutions’ presence in northern Norway and grow the company’s engineering capacity for offshore projects. Over the past 20 years, Sandnessjøen Engineering has established a strong and
Subsea 7 S.A. announced the award of a contract valued at approximately $100 million from BP Exploration Operating Company Limited for the Clair Ridge Project, West of Shetland. The Clair Ridge development will comprise two new, bridge-linked platforms to be located to the North-East of Clair Phase
The first offshore pile installation operation with the StabFrame, a newly developed subsea pile-stabilising template, has been successfully completed in the Waimea field in Brazil’s Campos Basin. Jointly developed by Large Diameter Drilling Ltd. (LDD) and MENCK GmbH, the StabFrame stabilises piles
Main One Cable is planning to broaden its submarine cable infrastructure to provide reliable high speed broadband services beyond Lagos. According to the company’s CEO Funke Opeke, Main One is documenting increasing broadband demand on everyday basis. Opeke told the reporters that there are also pla
Petrobras announces that it detected a production string rupture of FPWSO Dynamic Producer at 8:30 A.M. this Tuesday (Jan 31). The FPWSO is located approximately 300 kilometers off the coast of the state of São Paulo, where water depth reaches 2,140 meters. This vessel platform is conducting the Car
McDermott International, Inc. announced that it has signed a 10-year frame agreement for spool base services in the Gulf of Mexico with Helix Subsea Construction, Inc. “This agreement allows McDermott, when contracting with Helix, to offer full-service, shore-based pipeline stalking and spooling ser
Gold Oil, the AIM-listed oil and gas exploration and production company, with a primary focus on opportunities in Latin America,provides the following operational update on its operations in Peru. Block Z34 Farm Out Process Gold Oil has engaged FirstEnergy Capital to provide advisory services with r