Bibby Remote Intervention Limited (BRIL) has successfully secured a contract with the potential of a seven year commitment. Centrica Energy has awarded a three year contract with two, two year extension options, worth up to £40million. It is the largest Inspection, Repair & Maintenance (IRM) contract Centrica has ever awarded. The contract, due to start [...]
Fastnet , the listed E&P company focused on near term exploration acreage in the Celtic Sea and Morocco, has executed a seismic contract with CGG to acquire, using the SR Veritas Vantage vessel, 1,710 sq. km. of 3D seismic in the Celtic Sea beginning in mid-April 2013. The total value of the programme is up [...]
March 19, 2013 | Posted in
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Gas piped from fields off Norway to receiving terminals in Germany, Belgium, France and the UK totalled 107.6 billion standard cubic metres (scm) in 2012, up by 13.4 billion from 2011. “This represents a new record for Norway’s annual gas deliveries,” says Brian Bjordal, chief executive of transport system operator Gassco. “That reflects high and [...]
Norwegian oilfield services provider Aker Solutions, on Friday, November 2, reported its operating revenues were NOK 11 158 million in the third quarter of 2012. Year-to-date revenues are 32 per cent higher than in the first nine months of 2011. Quarterly earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to NOK 1 122 million [...]
Atlantic Offshore has confirmed the signing of a contract with Statoil to operate two Platform Supply Vessels (PSV) from 2014. The agreement, which consists of two contracts, has a length of six years with an option for a further three years. The vessels will be built in Norway and ensuring important jobs in the shipbuilding [...]
The Pieter Schelte features a unique design concept with a displacement at full load of nearly 900,000 tonnes. It is capable of lifting 48,000 tonnes and the pipelay tension capacity will be 2,000 tonnes, doubling the capacity of the world’s current largest pipelay vessel, Allseas’ Solitaire.
June 19, 2012 | Posted in
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The largest jacket ever designed and fabricated at Heerema Fabrication Group (HFG) ready for installation at Statoil operated gas field offshore Norway
DNO International ASA is reporting net profit of NOK 299 million for the third quarter of 2011 versus a loss of NOK 146 million in the same quarter 2010. The strong result is affected by a net positive finance of NOK 301 million in this quarter. In the third quarter the Company delivered a Working [...]
Statoil ASA , together with partners Petoro AS, Det norske oljeselskap ASA and Lundin Norway AS, has confirmed significant additional volumes in its appraisal well in the Aldous Major South discovery (PL265) in the North Sea. The results of appraisal well 16/2-10 have increased production license PL265 estimates to between 900 million and 1.5 billion [...]
Communication between the Aldous and Avaldsnes oil discoveries in the North Sea has now been confirmed. In combination these discoveries may represent an oil structure of between 500 million and 1.2 billion barrels of recoverable oil equivalent. If the upper part of the interval strikes pay dirt, the discovery will be one of the ten [...]