Technip awarded contract by Valiant for Causeway developmentTechnip was awarded by Valiant Causeway Limited a lump sum contract, worth approximately €33 million, for the Causeway field development. This field is located about 450 kilometers North-east of Aberdeen, Scotland at a water depth of 150 metres. Full text |
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Statoil makes discovery west of the Gullfaks Sør field in the North Sea
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Statoil Petroleum AS, operator of production licence 50, is in the process of completing the drilling of wildcat well 34/10-53 S. The well is about two kilometres west of the Gullfaks Sør field, in the northern part of the North Sea. Full text
Cameron's re-designed ENTECH DRV-BN Nozzle Check Valve introduces a modularity that allows for customized solutions, in-field reconfiguration and a consistent spring force mechanism for quick and easy maintenance. Full text
Electromagnetic Geoservices ASA (EMGS) has announced that it has today signed a contract worth approximately USD 12.5 million with an oil company in the Kingdom of Saudi Arabia. The vessel BOA Galatea will acquire both 3D electromagnetic (EM) and magnetotelluric (MT) data in the Red Sea over a three-month period. Mobilization is expected in the early part of the second quarter, following completion of the previously announced contract offshore Mozambique. Full text
Technip announced it has acquired all of the assets of Subocean Group, a UK based subsea cable-installation company, working in the Marine Renewables sector. The acquisition, which is effective today, will contribute to Technip’s strategy to develop a leading position in the renewables market in the coming years, focusing on offshore wind services. Full text
Technip announces today a new investment project to expand its flexible pipe manufacturing footprint in Brazil adding capacity for additional volume and high-end products. The very significant development of Brazil's hydrocarbon reserves in recent years has driven huge growth in the demand for flexible pipes for infield flowlines and risers. Full text
Aker Drilling intensifies its operations in strong growth markets, enters into Letter of Intent for the building of two drillships with options for additional two ships, aims to secure new capital and applies for listing on Oslo Stock Exchange - with Aker as minority shareholder in an independent drilling company with an offensive strategy. Full text
The licensees in Visund South has submitted a plan for development and operation (PDO) to the Ministry of Petroleum and Energy. Production start-up is scheduled for the third quarter of 2012. Full text
AMC Connector, a future new-build subsea installation and construction vessel from Aker Solutions, has finalised its vessel specs. With a total payload capacity of 9 000 tonnes of subsea power cables or umbilicals, the vessel will be well equipped to target the deepwater installation segment. Full text
Apache Corporation today announced that hydrocarbon production has begun at its Balboa Field, located on East Breaks Block 597. Initial gross flow rates have stabilized at approximately 30 million cubic feet of natural gas and 1,400 barrels of oil per day. Apache's subsidiary is the operator of the field and holds a 50 percent working interest. Full text
Acergy and Subsea 7 today jointly said that they expect to complete the combination of the two by the end of this week. The new company will be named Subsea 7 S.A and will be the worlds biggest subsea seabed-to-surface engineering and construction company. Full text