A new oil find has been made by Statoil immediately adjacent the Peregrino field in the Campos Basin offshore Brazil. An exploration well drilled in the Peregrino South structure a few kilometres south of Peregrino has encountered oil in sandstones of the Carapebus geological formation. A significan
Wood Group Kenny has been awarded a contract to support the Browse liquefied natural gas (LNG) development located offshore in Western Australia’s Kimberley region, approximately 425km northwest of Broome. Leading international subsea engineering company, J P Kenny Pty, together with its related Woo
The Marine Well Containment Company (MWCC) announced that Statoil has joined as a member. Marty Massey, MWCC chief executive officer, said, “We welcome Statoil as a member of the Marine Well Containment Company. As part of MWCC, Statoil joins our effort to improve the containment and response capabi
The multi-component seismic company Reservoir Exploration Technology ASA (RXT) has been awarded a contract in West Africa with an international oil company. The survey duration is estimated to be up to 5 weeks. The survey will be acquired with RXT1 and RXT4, and is scheduled to commence in April. RX
Polarcus Limited announces that the Company has received a Letter of Award from Statoil for a 118 square kilometer 4D seismic acquisition project over PL037 Statfjord Nord and Sygna in the Norwegian Sea, offshore Norway. The project, subject to the execution of a service contract, will be acquired d
Schilling Robotics, LLC, experts in subsea systems, announced today the order for a new 150hp, 3,000m rated HD™ ROV system from GMB USA, Inc. for delivery to the Republic of Korea (ROK) Navy. This order reflects the expansion of the ROK Navy’s salvage and rescue operations. The exceptional performan
Deep Sea Supply announces that the AHTS vessel “Sea Bear” has been awarded a 9 month contract extension from Melittah Gas for operations in the Mediterranean until January 2012. “Sea Bear” will replace “Sea Cheetah” which has been working under this contract. Deep Sea Supply Plc is an offshore suppl
Statoil has submitted a plan for development and operation (PDO) for the Vigdis North-East development in the North Sea to the Norwegian Ministry of Petroleum and Energy. Production start is scheduled for December 2012. This is the second fast-track development plan submitted to the Norwegian Minist
Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, has signed an agreement with BG Egypt, a division of BG Group plc , a leading oil and gas operator in the global energy market, to supply
Polarcus Limited announces that the Company has today received a Statement of Qualification from Det Norske Veritas (DNV) to qualify Polarcus’ Arctic operating procedures according to industry best practice and relevant standards. The Statement of Qualification was presented to Polarcus at the 7th A
Wood Group Kenny announces the launch of two new joint industry technology initiatives, SURF IM and SLARP, valued at US$1m, which are considered critical for the future operation of subsea systems, particularly for deepwater and long-tieback locations. Wood Group Kenny has been proactive in proposin
Statnett together with the UK system operator National Grid plans to establish a subsea HVDC power link between Norway and England. The landing point for the project is Kvilldal, close to the largest power plant in Norway. The project could be completed between 2017 and 2020, and would become the wo
Statoil has received consent to use the Island Wellserver mobile facility for well intervention activities on Troll Oseberg Gass Injection (TOGI). In addition to the fields included in previous consents a need has arisen to carry out minor well intervention work on TOGI. The objective of the activit
Polarcus Limited announces that the Company intends to issue USD 125 million in principal amount of Senior Secured Convertible Bonds with a five-year tenure. The purpose of the Bonds is to finance the acquisition and completion of POLARCUS SELMA, an ultra-modern and Arctic-ready 8 streamer 3D seismi
