Wärtsilä, the marine industry’s leading solutions and services provider, has been contracted to supply its Direct Electric Heating (Wärtsilä DEH) system for Chevron Overseas Congo Limited’s Lianzi offshore development project, located off the Republic of Congo and Angolan coasts. The 9000kW system will be used to heat the 43 km long subsea production pipeline between [...]
Ocean Rig UDW Inc., an international contractor of offshore deepwater drilling services, announced its unaudited financial and operating results for the first quarter ended March 31, 2013. The Company reported a net income of $6.4 million, or $O.05 basic and diluted earnings per share. Also, the Company reported Adjusted EBITDA of $104.7 million for the [...]
Statoil Petroleum AS (Statoil) has received consent to carry out exploration drilling of well 16/2-18 S at the Johan Sverdrup field with the Ocean Vanguard rig. Water depth at the site is 112 metres. The drilling is scheduled to begin at the end of May 2013 and has a duration of approximately 63 days, depending [...]
Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, announces it has received a purchase order worth circa £1 million from GDF Suez E&P UK Ltd , a leading oil and gas company, to supply its POS-GRIP High Pressure High Temperature [...]
Large Diameter Drilling (LDD) announced the launch of LM Handling, a new business unit which has been established as a joint venture co-operation between Acteon companies LDD and MENCK. LM Handling offers global coverage in the field of offshore lifting and handling equipment and services on a sales and rental basis; will operate out of [...]
Electromagnetic Geoservices ASA (EMGS) and TGS have signed a cooperation agreement to develop joint multi-client projects in defined areas of north-western Europe. With this agreement, EMGS will be given access to TGS’s 2D seismic data as the basis for planning new 3D controlled-source electromagnetic (CSEM) projects, while TGS obtains access to 2D/3D CSEM data to [...]
Wood Group PSN (WGPSN) will deliver operations & maintenance services to Hess Corporation’s Baldpate production platform in the deepwater Gulf of Mexico, under a new five-year contract. WGPSN will also provide these services to Hess for the Tubular Bells and Stampede deepwater facilities in the Mississippi Canyon and Green Canyon regions of the Gulf of [...]
Aker Solutions yesterday laid the foundation stone of a new plant in Paraná that will double the company’s subsea production capacity in Brazil. The plant in the city of São José dos Pinhais in the Paraná state in Brazil will be operational in 2015. It will replace Aker Solutions’ current subsea manufacturing facility in Curitiba [...]
Qatar Petroleum International (QPI) and Total have anounced the signing of a framework of Agreement whereby QPI will participate in Total E&P Congo through its subscription to a 15% share capital increase of this company. This participation reinforces Qatar’s commitment to invest in Africa and illustrates Congo’s willingness to welcome Qatar as a new partner. [...]
Fast evolving Oil & Gas engineering company, Fabricom Offshore Services has announced its relocation from Aberdeen’s Riverside House to larger office facilities at Berry Street in the city centre. The move, which comes less than a year after the company established a base in Aberdeen, is the result of new business and increases the company’s [...]
