Ithaca Energy Inc. announces an update on drilling operations and certain operational setbacks at Beatrice and Jacky. Both of the downhole electrical submersible pumps (“ESP”) in the Jacky production well, J01, have developed electrical faults under routine operations. Immediate plans are in effect
Schilling Robotics, LLC, experts in subsea systems, announced the award of new contracts for ROV systems from Subsea 7. A total of three (3) new ROV systems will be supplied for delivery in Q2 2011, including one (1) 150hp, 3,000m rated ACV ROV system and two (2) 150hp, 3,000m rated HD™ ROV systems.
Aker Solutions has received notification that Statoil has exercised options for the engineering, procurement and construction of three subsea work-over systems for use on the Norwegian Continental Shelf. Aker Solutions estimates the contract value of these three extensions to be a total of approxima
McMoRan Exploration Co. today reported a net loss applicable to common stock of $27.6 million, $0.17 per share, for the first quarter of 2011 compared with a net loss applicable to common stock of $66.2 million, $0.74 per share, for the first quarter of 2010. James R. Moffett and Richard Adkerson,
The Board of Mediterranean Oil & Gas Plc , the central Mediterranean focussed producer, developer and explorer of oil and gas assets, provides the following operational update on the Guendalina Gas Field. Italy – Concession AC 35 AG – Guendalina Gas Field (MOG interest 20%, ENI 80% and Operator) The
Fugro has been awarded a EUR 3.1 million hydrographic survey contract by the Finnish and Swedish Hydrographic Offices for a 13,000 km2 area taking in shipping routes between Sweden and Finland, in the Gulf of Bothnia, Baltic Sea. The areas to be surveyed in the summer of 2011 are within the Swedish
Kunlun Energy Co. Ltd., an international energy company controlled by PetroChina, has recently signed a framework agreement with the local… [mappress] Source: istockanalyst, April 18, 2011;
Subsea 7 S.A. announced the award of a contract with A/S Norske Shell for subsea pipeline installation services for the Ormen Lange Northern Field Development – Mid North Project in the Norwegian Sea. The work is the first call-off under Subsea 7’s Frame Agreement with Shell for Pipeline Installatio
Transfield Worley Services (TWS) – the 50/50 joint venture between Transfield Services and WorleyParsons – today signed a $65 million contract to provide Hook-Up and Commissioning (HUC) services for Woodside operated, North West Shelf Project’s North Rankin B Platform, located approximately 135 kilo
All contracts and approvals related to Statoil’s sale of 40% of the Peregrino field offshore Brazil to Sinochem Group were formally closed on 14 April. Statoil maintains 60% ownership and the operatorship of the field, which safely and efficiently started production last week. The deal, which was fi
Foster Wheeler AG announced today that a subsidiary of its Global Engineering and Construction Group has received a contract from Statoil Petroleum AS for the pre-front-end engineering (pre-FEED) for the Snøhvit Future Development Project at Statoil’s Melkøya-based LNG facility on Melkøya Island app
Mott MacDonald has been appointed by Kenya Ministry of Energy to provide consultancy services for a potential liquefied natural gas (LNG) regasification plant and import facility. The project, which is being funded by the World Bank and other international lending institutions, is set to be the firs
Sembawang Shipyard, a wholly-owned subsidiary of Sembcorp Marine has signed a Memorandum of Agreement (MOA) with Ecospec Global Technology to provide customized and greener environmental solutions to the marine and offshore industry. In anticipation of the huge demand for green environmental solutio
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