Shell accepts US$560-million offer from Plains Exploration & Production (PXP for working interest in Gulf of Mexico Holstein asset.Shell received an unsolicited offer from PXP for Shell’s working interest. The transaction is effective October 1…
InterMoor, an Acteon company, completes installation of the drilling and production conductors for the Papa Terra offshoref Brazil.Petrobras serves as the operator of the Papa Terra concession with a 62.5 percent interest; Chevron holds the remaining 37…
Consistency and Quality Are Hallmarks of Ecosse Subsea Systems’ Growing Engineering DivisionEnergy technology company, Ecosse Subsea Systems, (ESS) has increased the size of its engineering division in response to client demand for specialist engineering packages…
Swire Oilfield Services Appoints New Chief Operating Officer and Chief Technical Officer.Swire Oilfield Services (Swire), the leading global supplier of cargo carrying solutions, modular systems, offshore aviation services and fluid management has appointed two new members to its executive team…
Norway's Kværner ASA contracted to perform Edvard Grieg field (in the North Sea) offshore hook-up and commissioning assistance.Lundin Norway AS has confirmed an option in the Edvard Grieg topside contract for Kvaerner to perform the offshore hook-up and commissioning assistance…
KBR subsidiary Sweden's GVA signs license agreement with DSME for fabrication of semi-submersible rigs.GVA has signed a license agreement with Daewoo Shipbuilding & Marine Engineering Co Ltd (DSME) in Korea for the fabrication of its GVA 4000NCS…
Northwest Energy Innovations deploys first wave energy converter at National Marine Renewable Energy Center, off Oregon coast.After a multi-day installation operation, Northwest Energy Innovations (NWEI), a Portland-based company, has successfully…
SeaRoc charter 'MPI Adventure' for Narec's offshore anemometry hub (NOAH) installation for windfarm site weather appraisal.MPI Adventure is a dedicated vessel to transport, lift and install wind turbines and their foundations; delivered in March 2011 (Qidong…
One-month contract extension by BP Norge AS for 'Safe Scandinavia' at Valhall Field in North Sea.BP Norge AS has exercised the first of two remaining one-month options, thereby extending Safe Scandinavia’s operations at Valhall until 30th November 2012…
Norterminal AS plans to build a large oil-terminal outside Kirkenes in the Norwegian, Russian borderland. New fields in the Arctic Barents and Kara Seas bring along needs for reloading and storage terminals. The players in the market are…
Technip acquires Stone & Webster process technologies & associated oil & gas engineering capabilities from the Shaw Group.Technip paid cash consideration of around €225 million from existing cash resources, which will be subject to customary price adjustments…
BSEE Hurricane Response Team monitors offshore oil & gas operators' activities in Gulf of Mexico, post TS 'Isaac'.From operator reports, it is estimated that approximately 71.50 percent of the current daily oil production in the Gulf of Mexico has been shut-in…
A UK Institute for Public Policy Research (IPPR) research paper dismisses illusions about wind power as an energy resource.Much opposition to wind power appears to be based on the belief that it is an ineffective technology, inefficient or unreliable…
Mark Goodall of Aker Solutions believes there is a future for N.Sea oil & gas despite the present focus on wind and nuclear energy power.Goodall explained that the low hanging fruit may have gone but there are still several significant new…
Statoil will drill nine wells during a non-stop 2013 Norwegian Barents exploration campaign. The company plans to meet development challenges here by tripling its Arctic technology research budget.Statoil's exploration experience in the Barents is already extensive…
