The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) announced that the Fundamental Decision for the Amendment to the Hibernia Development Plan to allow the Hibernia Southern Extension Project to proceed has been approved. The decision enables Hibernia Management and Development C
WorleyParsons’ Nigerian joint venture company, DeltaAfrik Engineering Limited, has received notification of a contract extension from ExxonMobil subsidiary Mobil Producing Nigeria for provision of engineering and project delivery services for the “Satellites Phase 2” project as part of its ongoing o
Ithaca Energy Inc. and its wholly owned subsidiary Ithaca Energy (UK) Limited , an independent oil & gas company with exploration, development and production assets in the UK sector of the North Sea, announces the appointment of Fergus McGhie as Project Delivery Manager for the development of the St
McDermott International, Inc. (“McDermott”) announced today that one of its subsidiaries has been awarded a contract from Vetco Gray Australia Pty Limited for the fabrication of subsea structures and spools for Chevron’s Gorgon Upstream Project. The value is expected to be in excess of US$50 million
In a milestone event, Papua New Guinea’s first and only landowner company yesterday signed a massive half a billion kina [US$192 million]… (postcourier) [mappress] Source: postcourier, October 11, 2010;
GDF SUEZ has just signed a medium term agreement with CNOOC Gas and Power Group Ltd. which is a wholly owned subsidiary of China National Offshore Oil Corporation (CNOOC), the largest importer of LNG in China. Under this agreement, GDF SUEZ will sell CNOOC about 2.6 million tons of LNG from 2013 dur
IHC Dredgers has commissioned Siemens Industry Solutions in The Hague, the Netherlands, to provide the electrical installation on board DEME’s cutter suction dredger Ambiorix – under construction at the Hardinxveld-Giessendam yard. Apart from the electrical components, to be delivered to the yard in
DSC Dredge LLC, a leading U.S. dredge manufacturer, is excited to announce the recent delivery of several dredges to international customers. With DSC equipment in more countries than ever, the company is not only expanding worldwide, but is also evolving its own culture. DSC’s W&S Division is sched
After having developed the concept and basic design for Heerema’s new monohull vessel, Ulstein Group´s Dutch based design company, Ulstein Sea of Solutions (USOS), has now also been awarded the further engineering of the vessel with the selected shipyard, DSME of South Korea. In February 2010, USOS
Vessel utilization is defined as the percentage of the full quarter where the vessel is in paid work either in the form of acquisition, mobilization, demobilization, steaming, standby or other. The vessel utilization for the 9 seismic vessels operated by SeaBird for Q3 2010 was 66%, down from 76% in
CGGVeritas provides its vessel utilization and its fleet allocation updates for the third quarter of 2010. Vessel utilization for the third quarter 2010: * The vessel availability rate1 was 87%. This compares to a 92% availability rate in the second quarter of 2010 and a 90% rate in the third quarte
Ithaca Energy Inc. and its wholly owned subsidiary Ithaca Energy (UK) Limited , an independent oil & gas company with exploration, development and production assets in the UK sector of the North Sea, announces third quarter production and the completion of the first workover in a five well workover
Leading engineering group Monadelphous Group Ltd (“Monadelphous” or “the company”) today announced it has secured new contracts and work in Western Australia and Papua New Guinea with a combined value of approximately $120 million. The contracts and work are with major operators in the oil and gas,
Teekay LNG Partners L.P. (Teekay LNG or the Partnership) today announced that it has reached an agreement in principle to acquire a 50 percent interest in two liquefied natural gas (LNG) carriers owned by Belgium-based shipping group Exmar NV for an equity purchase price of approximately $70 million
