International equipment specialist ATR has won a major contract with Apache Corp to deliver technology for on and offshore operations in the UKCS North Sea, worth an initial £2.25m. ATR, the Aberdeen-headquartered oilfield service provider, will supply portable lifting equipment and rigging lofts to
So far this year, 12 discoveries have been made on the Norwegian shelf. Six of these were made in the North Sea, and three in the Barents Sea and the Norwegian Sea respectively. A total of 27 wildcat wells have been completed, giving a discovery rate of 44 per cent. So far, 42 exploration wells [&he
Makai Ocean Engineering, Inc. has released MakaiLay Power, an extension of its successful cable installation software, MakaiLay, which is a PC-based, real-time cable modeling program used by over 75% of the cable installation ships in the world. Subsea power cables are considerably heavier and stiff
On 6 July 2012, Nexans started connecting cables which the vessels Stemat 82 and Toisa Wave were laying on the seabed between the substation and the 111 foundations at the Anholt offshore wind farm during summer 2012. Only six months after – on 5 December 2012 – Nexans had completed the work after h
EAB Engineering recently have been awarded two new contracts for supply of Actuator Retrieval Tools to Australia. The first contract is supply of in total 2 ARTs of different size to PetrolValve. The tools will be part of PetrolValves supply of valves and actuators to the INPEX Ichtys project. Durin
SeaBird Exploration Plc (“SeaBird”) has partnered with Searcher Seismic Pty Ltd (“Searcher Seismic”) on the multi-client 12,000 km Snøspurv 2D high resolution seismic survey covering the Bjarmeland Platform in the Norwegian Barents Sea. The survey is scheduled to commence in Q2 2013 and is estimated
Ratos and the Sixth AP Fund together with the Norwegian industrial and financial group Ferd, have signed an agreement to acquire all the shares in Aibel, a leading Norwegian supplier of services related to oil, gas and renewable energy. The purchase price (enterprise value) amounts to approximately
On Dec 25, Russian naval ensign would be hoisted on research ship Seliger which has successfully finished state trials, a source in the manufacturing shipyard Yantar told Central Navy Portal. Presently, the ship is stationed in the Novorossiysk Naval Base. Built by the Yantar shipyard in Kaliningrad
TAP has agreed with the Italian Ministry of Environment to extend the suspension of its Environmental & Social Impact Assessment (ESIA) application in Italy for an additional nine months – until September 2013. As part of its commitment to an open and transparent ESIA disclosure process, TAP launche
Exxon Mobil Corporation announced today that its affiliate, ExxonMobil Exploration and Production South Africa Limited, will soon begin exploration activities offshore South Africa. The ExxonMobil affiliate signed an agreement with Impact Africa Limited (Impact), a subsidiary of Impact Oil & Gas Lim
INPEX CORPORATION (INPEX) announces that the INPEX-led Ichthys LNG Project has finalized arrangements for US$20 billion in project finance loans including those with eight export credit agencies (ECAs) and 24 commercial banks (ECAs and commercial banks are referred to as “Lenders”). The Ichthys proj
Technip was awarded by the Discovery System a lump sum pipeline installation contract for Discovery’s South Timbalier Block 283 Junction Platform project. The pipelines will be installed between existing facilities in South Timbalier 280 and Ewing Bank 873 and the new platform in Block 283, at water
The power cable Cobra between Denmark and the Netherlands is to be delayed by one year, Energinet.dk announced. Energinet and its Dutch partner TenneT Holding BV planned to complete the cable by 2016, but the plans are delayed until 2017, Bloomberg reports. Danish Energy Association chief consultant
Reef Subsea Dredging & Excavation announced that they have recently completed a fast track project for A/S Norske Shell on the Ormen Lange Mid North Development. From the initial seabed preparation contract, the company was awarded significant additional work on the project which lasted six months t
