Polarcus Limited announces that the Company has received a Letter of Intent from Wintershall Norge ASA for a 500 square kilometer 3D seismic acquisition project over PL577 in the Norwegian North Sea, offshore Norway. The project, subject to the execution of a service contract, will be acquired durin
FMC Technologies, Inc. announced that it has signed an agreement with Hibernia Management and Development Company Ltd. (HMDC) to manufacture and supply subsea systems for the Hibernia Southern Extension Project. The Hibernia Southern Extension Project is an expansion of the Hibernia field, located o
Production on the Njord platform was shut down on April 24 as a result of operational problems with gaskets in a gas export compressor. Later the same day, during work to resume production, a gas leak was discovered in one of the risers. All production on Njord was immediately shut down and will rem
Gulmar Energy S.A. has appointed Mr. Patrick Chapalain as its new Chief Executive Officer. Patrick has a worldwide experience in the subsea market with EPCI projects, and has been involved in all types of shallow and deep water offshore construction works, saturation and air diving works, IRM, flexi
Kreuz Holdings Limited, a subsea service provider for the oil and gas industry, has signed Letters of Intent for subsea installation contracts worth approximately US$4.8 million with a leading offshore company in the oil and gas business located in East Asia. Work is expected to commence in Q2 2011
Topaz Energy and Marine , an oilfield services group, has secured a two vessel contract offshore Nigeria for the duration of 2011. The award… (ameinfo) [mappress] Source: ameinfo, April 25, 2011;
McDermott International, Inc. , announced that one of its subsidiary companies was awarded fabrication and installation work from Chevron U.S.A. Inc. to support the development of the Jack and St. Malo fields in the Gulf of Mexico. The project will be included in McDermott’s first quarter 2011 booki
An unprecedented five-year, world-wide assessment of the health and resilience of coral reef environments gets underway from Miami, Florida this Monday, April 25th. The team of coral specialists will survey a 6000 sq kilometer shallow reef named Cay Sal Banks, Bahamas, from 27 April through 18 May.
Dubai-based Drydocks World said Emas, a leading offshore contractor providing construction, marine, production and well intervention service… Tradearabia News Service [mappress] Source: tradearabia, April 25, 2011;
RBG has achieved 11 years, and more than 500,000 man hours, without a lost time incident (LTI) on the Triton FPSO in the North Sea. Contracted by Wood Group, RBG has delivered its expert fabric maintenance support including access solutions and specialist cleaning mechanical services since 2000. The
Endeavour International Corporation announces that it has completed the previously announced redemption of all of its outstanding $81.25 million of 6% Senior Notes due 2012. The Company redeemed the Notes pursuant to their terms at 100% of their principal amount plus accrued and unpaid interest. End
The Board of Directors of Ezra Holdings Limited announces that Emas Offshore (Labuan) Bhd, a wholly-owned subsidiary company of Ezra, has been incorporated in Labuan, Malaysia, with a paid-up and issued share capital of USD1.00, comprising 1 ordinary share of USD1.00 each. EMAS, a recognized leading
Shell Cili Padi power cable installation marks another important milestone to SBSS’s contribution to the Oil & Gas. The project requires the precision laying and interconnection of 31.76km of power cable between platforms F23R-A and CDPR-A (Cili-Padi) situated in Sarawak Malaysia. This power line is
Asia’s home-grown oil service companies are ramping up their subsea operations, hoping they will find a gold mine in that business segment… (channelnewsasia) [mappress] Source: channelnewsasia, April 24, 2011;
