Technip awarded contract by Valiant for Causeway development

Technip 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

Subsea Headlines

Oceaneering to buy subsea rental provider GTO Subsea

2008.03.18 - Subsea Headlines -

Oceaneering to buy subsea rental provider GTO Subsea

Oceaneering International, Inc. (NYSE:OII) announced it has acquired GTO Subsea AS (GTO) for approximately $45 million. GTO is a rental provider of specialized subsea dredging and excavation equipment, including remotely operated vehicle (ROV) deployed units, to the offshore oil and gas industry.
Full text

Acergy with North Sea subsea installation frame agreement with DONG

2008.03.13 - Subsea Headlines -

Acergy with North Sea subsea installation frame agreement with DONG

Acergy S.A. (NASDAQ NM: ACGY; Oslo Stock Exchange: ACY) announced today the award of an offshore engineering and construction Frame Agreement with DONG Energy. Full text

Cameron get subsea system contract for Total Usan offshore Nigeria

2008.03.11 - Subsea Headlines -

Cameron get subsea system contract for Total Usan offshore Nigeria

Cameron (NYSE: CAM) has been awarded a contract with an initial value of approximately $650 million to provide subsea systems for the initial phase of Total's Usan, a 44-well subsea development project offshore Nigeria. Full text

MEO Australia annonce Blackwood gas well discovery

2008.03.11 - Subsea Headlines -

MEO Australia annonce Blackwood gas well discovery

MEO Australia today annonce that they have successfully completed a series of logging runs, including the recovery of hydrocarbons to surface by MDT (Modular Dynamics Testing) down-hole sampling. MEO Australia will declare the Blackwood well as a discovery. Full text

Eni makes new oil discovery in the Timor Sea

2008.03.10 - Subsea Headlines -

Eni makes new oil discovery in the Timor Sea

Eni has made a new oil discovery in the Timor Sea, in an area jointly administered by Timor-Leste and Australia. The exploration well Kitan-1, located in the permit JPDA 06-105 some 500 km off the Australian coast, was drilled to a total depth of 3,568 meters and highlighted a significant presence of hydrocarbons.
Full text

Roxar ASA acquires Subsea downhole product company PolyOil Limited

2008.03.07 - Subsea Headlines -

Roxar ASA acquires Subsea downhole product company PolyOil Limited

Roxar ASA has acquired 100% of the shares in the UK based company PolyOil Limited, a market leader in the design and supply of leading edge polymer based downhole products for the oil and gas industry, and a supplier of polymer umbilical control line protectors for the drilling, completions and subsea sector. Full text

StatoilHydro starts up Volve Oil Field in the North Sea

2008.03.06 - Subsea Headlines -

StatoilHydro starts up Volve Oil Field in the North Sea

StatoilHydro officially opened the Volve oil field, North Sea, Norway, on February 28. StatoilHydro's share of the new field's 56,000 barrels per day production is 30,000 barrels per day. Full text

Wood Group looking east with a strong oil and gas market outlook

2008.03.05 - Subsea Headlines -

Wood Group looking east with a strong oil and gas market outlook

We expect continuing growth in demand for energy, primarily driven by the world’s developing economies. Oil & gas operators remain focused on developing their reserves – through new discoveries, often in deep water and harsh environments; through developing unconventional reserves, Full text

StatoilHydro buys out Anadarko Peregrino to be big in Brazil

2008.03.04 - Subsea Headlines -

StatoilHydro buys out Anadarko Peregrino to be big in Brazil

StatoilHydro and Anadarko have signed an agreement whereby StatoilHydro will take over the remaining 50% in the Brazilian Peregrino project. This will give StatoilHydro a 100% working interest and operatorship of the development.
Full text

Neptune to acquire DP offshore support vessel for subsea services

2008.03.04 - Subsea Headlines -

Neptune to acquire DP offshore support vessel for subsea services

Leading engineering services company, Neptune Marine Services (ASX: NMS) has signed a memorandum of understanding with Singaporebased Trinity Offshore Pte Ltd for the acquisition of the dynamically positioned (DP)offshore construction support vessel, MRV ROV Supplier. Full text

16  17  18  19  20  21  22  23  24  25  26
← previous     next →