Rolls-Royce has won an order to design and equip two diesel electric UT 776 CD offshore service vessels for leading offshore ship owner, Island Offshore. The vessels are to be built by STX Europe for delivery in 2011 and 2012. The total value of the Rolls-Royce contract is around $31…
The Rogaland county public prosecutor notified Statoil on 18 December that it has been fined $4.26m following the oil leak from the Statfjord A loading buoy on 12 December 2007.“We have noted the public prosecutor’s decision,” said Thorstein Hole…
Shell’s Perdido Development, the world's deepest offshore oil platform, won the ENR Energy Construction Project of the Year award at the Platts Global Energy Awards Ceremony on December 3, 2009. In addition, Shell was a finalist in three other categories…
A new method which simplifies drilling operations in unstable formations has been tested by Statoil on the Brage field. This “liner drilling” solution makes it possible to operate with a well liner attached directly to a steerable drillstring…
Abraaj Capital and Waha Capital backed Gulf Marine Maintenance and Offshore Service Company (GMMOS), an United Arab Emirates based provider of marine services to the offshore oil & gas industry, has secured a $100m term loan facility from Standard Chartered Bank…
Technip has been awarded, by Chevron Australia Pty Ltd, a front end engineering design (FEED) contract for the offshore processing platform associated with the Wheatstone Project in Australia. The upstream (offshore) portion of the project…
STX Europe has been awarded contracts with Siem Offshore for design and building of two Platform Supply Vessels. The vessels are designed by STX Europe in Ålesund and will be built at STX Europe in Brazil. The vessels are scheduled for delivery in Q2 2012 and Q2 2013…
Keppel FELS Limited (Keppel FELS) is on track to deliver West Vencedor, the sixth of seven KFELS semisubmersible drilling tenders (SSDT) to Seadrill Limited before the end of 2009. The completion of this project on time and within budget, will…
The Minerals Management Service (MMS) has accepted high bids valued at $111,385,124 and awarded 155 leases to the successful high bidders who participated in Western Gulf of Mexico Oil and Gas Lease Sale 210 held August 19, 2009. Funds from…
Keppel Offshore & Marin Ltd (Keppel O&M), through its subsidiaries, Keppel Shipyard Limited (Keppel Shipyard) and Keppel FELS Limited (Keppel FELS), has secured contracts worth $114.8m for a Floating Production Storage and Offloading (FPSO) vessel conversion…
The federal Minerals Management Service gave the green light to Shell Oil's plan to drill exploratory wells in the waters of the Chukchi Sea off Alaska's northwest coast next summer.'We are very concerned because drilling for oil runs the…
Evans Capacitor Company, whose energy-dense Hybrid capacitors are found on space shuttles and advanced aircraft, has made these capacitors available for deepwater use. Tested to 10,000 psi and impervious to salt water, these tantalum Evans Hybrid capacitors provide up to two joules/second and 0…
Atwood Oceanics, Inc., (NYSE: ATW) a Houston-based International Drilling Contractor, announced that the Richmond has been awarded a contract by Helis Oil & Gas Company LLC being turnkey drilled by Applied Drilling Technology Inc. for one well in the U…
Keppel Offshore & Marine Ltd (Keppel O&M), through Keppel Shipyard Limited (Keppel Shipyard) and Keppel Verolme BV (Keppel Verolme), has secured two contracts worth a total of about $165m. The first project, secured by Keppel Shipyard from repeat customer Petrobras Netherlands B…
Northern Offshore, Ltd. (Oslo Bors: NOF.OL) announced that its subsidiary, Northern Offshore U.K. Ltd, was awarded a contract with Caspian Drilling Company Limited (CDC) for the provision of support services for drilling operations in the Caspian Sea…
