HB Rentals Agrees to Contract on Regalia Platform
2011.01.11 -
Company News
Offshore accommodation specialist, HB Rentals, a Superior Energy Services company, recently agreed to a contract to supply accommodation units on the BP Regalia Platform on the Valhall Field.
HB Rentals’ Eastern Hemisphere headquarters in Aberdeen has agreed to a long-term lease contract of 18 months to supply four A60, Zone II NORSOK-compliant office modules to the platform. The units were supplied from HB Rentals’ Norway base in Dusavik, Stavanger.
“The completion of this agreement highlights the growth and the extended capabilities now available from our Norway base,” said Michael Bradley, Sales and Marketing Manager, Eastern Hemisphere. “We are eager to continue to grow in this region and are excited to be servicing the BP Regalia Platform in this capacity.”
HB Rentals is the world’s largest supplier of temporary onshore and offshore accommodation modules, operating from three major global hubs in Broussard, La.; Aberdeen, Scotland; and Singapore.
Petroleum Geo-Services ASA ('PGS' or the Company) announced today that it has entered into a definitive agreement to acquire Applied Geophysical Services, Inc. (AGS) for a price of USD 51 million, subject to certain adjustments for changes in working capital. PGS estimates an enterprise value for AGS of approximately USD 46 million. AGS is based in Houston, Texas and specializes in providing advanced depth imaging services. The transaction is expected to close during the course of this week.
Total announces the acquisition of a 40% interest in three exploration permits northeast of Ichthys on the Australian Browse Basin jointly with Inpex (60%, operator). These interests were held by ConocoPhillips. This acquisition is subject to the approval of the Australian authorities.
Rowan Companies, Inc. (NYSE:RDC) announced today that it has entered into contracts with Keppel AmFELS, Inc. for the construction of four Super 116E class jack-ups. The rigs will be built at AmFELS' Brownsville, Texas shipyard, with delivery scheduled at approximately four-month intervals beginning in the second quarter of 2010.
Gaz de France has acquired a 45% stake in the Alam El Shawish West licence in Egypt from Vegas Oil & Gas.
Trico Marine Services, Inc. (NASDAQ: TRMA) ("Trico") and Active Subsea ASA (NOTC: ASUB) ("Active Subsea") today announced that Trico intends to make a voluntary offer for all outstanding shares, options and warrants of Active Subsea.
