Reference is made to the notice of 12 December 2010 regarding Larry Wagner’s resignation as CEO of Reservoir Exploration Technology ASA (“RXT”) and the information that Stein Hedemark would act as CEO of the company until the board had been able to identify Larry Wagner’s successor. The board is ple
As people begin arriving in Brussels on Sunday for the EWEA 2011 Annual Event, it’s a safe bet that many of them will be talking about what is expected to become the world’s largest offshore wind farm. The three developers of the London Array announced on Tuesday that the first of 177 foundations ha
On January 30, 2011, the Acergy Polaris finished installing the three subsea separation units (SSU) for the Pazflor project, in 800 meters of water in Block 17 offshore Angola. The flagship innovation of the project, these units constitute a world first in terms of technology. For Pazflor is the fir
Northern announces that operations have commenced on drilling the Zaedyus prospect, with well GM-ES-1, in the Guyane Maritime Permit. Tullow Oil , the Operator, believes the well has the potential to open up a major new oil province in Guyane (French Guiana) with a significant number of further pros
Swiber Holdings Limited, a world class integrated construction and support services provider to the offshore industry, today announced that it has secured a contract from an international major oil company in South East Asia worth approximately US$34 million. Swiber will be using its in-house fleet
Keppel Shipyard Limited, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has secured new contracts totalling S$170 million for two fast-track projects. The new jobs comprise completing a Pipe Laying Vessel for Saipem S.p.A (Saipem) and converting a Floating, Storage and Offloadin
TGS announces that it has signed a Letter of Intent with CGGVeritas to charter a high capacity vessel for 3D multi-client projects in Europe during the 2011 summer season. The charter will begin before the end of April and will last for approximately 4 months. The agreement also provides an option f
CeltixConnect, provider of Europe’s most advanced subsea telecommunications network, today announced it has been awarded subsea consent, in the United Kingdom, for the deployment of Europe’s most modern subsea telecoms cable linking Ireland and the UK. The consent was awarded by DEFRA (Department of
Technip was awarded an installation contract, worth more than €20 million, by EOG Resources United Kingdom Limited, for the development of the Conwy field, located in the East Irish Sea. The contract covers: * welding and installation of an 11.4 kilometer, 8” production pipeline and an 8” water inje
Saipem has been awarded new E&C Offshore contracts worth in excess of $2.2 billion. In Saudi Arabia, Saudi Aramco awarded the EPIC contract, in the framework of the Al Wasit Gas Program, encompassing the offshore development of the Arabiyah and Hasbah fields, located approximately 150 kilometres nor
Russian shipyard Sevmash will begin sea trials for the three new generation nuclear powered submarine, which are under construction at the… (brahmand) [mappress] Source:brahmand ,March 09, 2011;
FarSounder announced the sale of their Ship ProtectionSystem (SPS) to Alphatron Marine, of Rotterdam, The Netherlands. The system will be installed on a luxury super-yacht being custom-built at a Dutch shipyard. The system is designed to provide underwater threat protection while at anchor or at the
Apache Corporation reported that interim repair work on the Forties Bravo to Charlie pipeline was completed on March 6, 2011, and production from Forties Bravo is ramping up to approximately 50 percent of the pre-outage rate of 11,600 barrels of oil per day. The replacement pipeline is scheduled for
PTTEP Australasia has engaged AGR Field Operations’ Subsea Division for expert engineering, project management and support services for the subsea well abandonment of the subsea facilities for Challis and Jabiru fields in the Timor Sea, Australia. AGR personnel will work on the project in the Perth
