RDS, the drilling facilities engineering division of KCA Deutag, announced it has signed a contract with Estaleiro Enseada do Paraguacu (EEP Overseas Limited), a newly established Brazilian shipyard. This contract signifies the first project between RDS and EEP. RDS’ core business is to deliver a comprehensive drilling facilities engineering service at every stage of design, [...]
Noble Corporation has been awarded a drilling contract by Statoil for a newbuild ultra-high specification jack-up for use in the United Kingdom sector of the North Sea. The initial contract is for four years and is anticipated to commence during the third quarter of 2016. The total estimated value of the four year primary term [...]
Subsea transformers are an ABB innovation. Deployed in extreme conditions in ultra-deepwater, these high-tech workhorses provide the power for heavy-duty equipment on the sea floor – enabling declining oil and gas fields to be more productive and making new deepwater fields accessible. ABB has delivered subsea transformers for fields in the North and Norwegian seas [...]
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Norway’s oil company Statoil has signed a farm-in agreement with BP, acquiring a 30 percent equity share in four exploration licences offshore South Australia. “With this agreement we gain access to a vast, underexplored area with high-impact potential,” says Pål Haremo, senior vice president for Global new ventures in Exploration. “This is in line with [...]
VARD has signed a contract with Simon Møkster Rederi for the design and construction of one Platform Supply Vessel (PSV). The vessel, of VARD’s own PSV 06 LNG design, is scheduled for delivery in 1Q 2015 from Vard Aukra in Norway. The hull will be delivered from VARD in Romania. The PSV 06 LNG is a new innovative design [...]
Japan’s Inpex has announced it has reached agreement to transfer a 15% participating interest in the Babar Selaru Block (The Block), Offshore Indonesia, to PT Pertamina Hulu Energi Babar Selaru, a subsidiary of PT Pertamina (Pertamina). This transaction is subject to the satisfaction of certain conditions, including Indonesian Government approval. The Block is located 1,400km southwest of Saumlaki City in [...]
Cargotec’s MacGregor has received EUR 37 million order from Hornbeck Offshore Services Inc. to deliver four 250-tonne active heave-compensated (AHC) subsea cranes for four multi-purpose supply vessels (MPSV). The cranes will be delivered between fourth quarter 2014 and third quarter 2015. The order is booked in the second quarter 2013 order intake. “MPSVs are specialized [...]
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Nexus Energy Limited today announces that it has reached a binding agreement with Santos Limited (Santos) to amend the Longtom Agreement relating to Nexus’ 100% owned Longtom gas production asset. The agreement is subject to certain conditions being satisfied or waived by 30 June 2013. These include Nexus obtaining funding for the required work program to satisfy the [...]
Afren has completed a farm-out agreement with Lekoil (subject to Nigerian Ministerial Consent), in respect of a 17.14% participating interest in the OPL 310 licence located offshore Nigeria. Under the terms of the farm out, Afren will receive a total carry of up to US$50 million in respect of an exploration well currently being drilled [...]
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Cathelco have won a series of orders to supply seawater pipework anti-fouling systems for jack-up rigs which are to be built by Lamprell Energy Ltd, the UAE based provider of diversified engineering services for the offshore oil and gas industry. The anti-fouling equipment will be supplied for four jackup rigs which are being constructed at [...]
