Offshore News

 

StatoilHydro becomes Statoil

Nov 02, 2009

StatoilHydro ASA changed its name to Statoil ASA with effect from Nov. 1. The ticker symbols will remain unchanged as STL on the Oslo Stock Exchange and STO on the New York Stock Exchange. (www.statoil.com)

Keppel FELS Delivers Rigs Early

Oct 27, 2009

Keppel FELS Ltd (Keppel FELS) has delivered two rigs safely, ahead of schedule and within budget to owners. The KFELS B Class jackup rig, Greatdrill Chitra, was delivered to India’s Greatship Global Energy Services Pte Ltd (Greatship) 12 days ahead of schedule…

Keppel Constructs First FPSO for GOM

Oct 26, 2009

Keppel Shipyard Limited (Keppel Shipyard) is on track to deliver the first floating production storage and offloading (FPSO) vessel for the US Gulf of Mexico (GoM) to BW Pioneer Ltd, an affiliate of BW Offshore. Named on Oct. 26 at Keppel Shipyard…

Topaz Breakthrough in Turkmenistan

Oct 25, 2009

Topaz Energy and Marine, through its subsidiary BUE Turkmenistan, announced the award of a $14m contract with MMHE (Malaysian Marine Heavy Engineering). MMHE is operating a JV between Technip and Petronas in the construction and development…

Petrobras 10000 Begins 10-Year Contract

Oct 21, 2009

Transocean Ltd. (NYSE:RIG) announced that the newbuild ultra-deepwater drillship Petrobras 10000 has commenced operations in Angola for a subsidiary of Petrobras under a 10-year drilling contract. Transocean has an agreement with the P&M Drilling International B…

Harvey Bisso Launches Subsea Venture

Oct 21, 2009

Harvey Bisso Subsea has launched operations to provide subsea services to the energy and maritime industries. The new subsea venture combines the expertise, resources and experience of Bisso Marine and Harvey Gulf International Marine The centerpiece of the venture is a new…

Cnooc in Talks for Leases in U.S. Gulf

Oct 19, 2009

According to an Oct. 19 report from The Wall Street Journal, Cnooc Ltd. is in talks with Norway's StatoilHydro ASA over a deal for a few leases in the U.S. Gulf of Mexico, a deal that would open the U.S. Gulf to China's oil companies for the first time…

Frigg Area Yields More Crude

Oct 15, 2009

Oil has been discovered by StatoilHydro in the Frigg Delta prospect in the North Sea, with proven recoverable volumes put at 18-35 million barrels. This find is located about 21 kilometres east of the abandoned Frigg field and 12 kilometres north of Frøy…

Gulf Coast Ocean Policy Task Force Public Meeting

Oct 12, 2009

Obama Administration officials will hold a Gulf Coast Regional Ocean Policy Task Force Public Meeting in New Orleans on Monday, October 19, 2009. The Interagency Ocean Policy Task Force, led by White House Council on Environmental Quality Chair Nancy Sutley…

J. Ray McDermott Installation for LUKOIL

Oct 12, 2009

J. Ray McDermott’s Caspian subsidiary has completed installation of offshore facilities at the Yuri Korchagin field for OOO LUKOIL-Nizhnevolzhskneft (LUKOIL), a subsidiary of OAO LUKOIL Oil Company. The Yuri Korchagin field is the first…

MTNW Supports Frontier Drilling

Oct 11, 2009

Measurement Technology NW (MTNW) has recently completed a contract to provide installation, calibration and commissioning on an eight-point mooring monitoring system for Frontier’s drill ship, Duchess, off the coast of Nigeria. The new running…

Swire Oilfield Services invests in North Sea

Oct 07, 2009

Swire Oilfield Services, a leading supplier of specialist offshore cargo carrying units (CCU), is defying market conditions by establishing Aberdeen, UK as a Centre of Excellence for its Cargo Carrying business with a $1.2m investment, creating five jobs…

Gulf Marine Introduces the Endurance

Oct 07, 2009

A uniquely designed self-propelled self-elevating jack-up barge is currently under construction in Abu Dhabi, UAE, and, once delivered, will be one of the most flexible and capable vessels in the market.Gulf Marine Services, the Middle East region’s largest elevating support vessel operator…

ITS $55M Investment from Lime Rock

Oct 06, 2009

ITS Group, a specialist provider of oilfield equipment and services to the global oil and gas industry, announced a $55m equity investment from leading energy-focused private equity firm Lime Rock Partners.The agreement provides Lime Rock…

Axis Bank Cancels Great Offshore Oil Rig Funding

Oct 06, 2009

In Bangalore, offshore oilfield services firm Great Offshore Ltd has run into fresh trouble after Axis Bank Ltd walked out of a deal to lend Rs350 crore to the Mumbai-based firm for funding the purchase of an oil drilling rig, currently under construction at Bharati Shipyard Ltd…

Logistics News

Kruger Named President of Austal USA

Kruger Named President of Austal USA

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Tanker Enroute from Russia to India hit by Missile off of Yemen - Report

'24 Olympic Flame to Ride 3-Masted "Belem" to French port of Marseille

'24 Olympic Flame to Ride 3-Masted "Belem" to French port of Marseille

Situational Awareness System Battles Cognitive Fatigue in Watchkeepers

Situational Awareness System Battles Cognitive Fatigue in Watchkeepers

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