Jotun establish a multinational offshore concept team

Jotun establish a multinational offshore concept team

In order to serve the customers well and add value to their operations, Jotun established a multinational Offshore Concept Team. This cross-border team collects and analyses information related to the offshore industry to further improve and strengthen customer commitment. Full text

Company News

Statoilhydro with Obesum oil find in the Barents Sea

2008.03.07 - Company News -

Statoilhydro with Obesum oil find in the Barents Sea

StatoilHydro reports today that it have found oil in exploration well 7222/6-1 S at the Obesum prospect, 175 km North West of the Norwegian City of Hammerfest. The drilling of another wild cat is planned later this year. Full text

Subsea installation contractor Cecon place piplay contract with SAS

2008.03.06 - Company News -

Subsea installation contractor Cecon place piplay contract with SAS

Cecon has placed a NOK 38 million contract for major Pipelaying Equipment including a 200t Tensioner from SAS in Gouda, Holland for delivery 1Q/09. Full text

Fugro take stake in Russian electro magnetic service provider EMMET

2008.03.04 - Company News -

Fugro take stake in Russian electro magnetic service provider EMMET

Fugro has reached agreement with Electro Magnetic Marine Exploration Technologies (EMMET), Russian Federation, to acquire 60% of EMMET’s shares, for an amount of EUR 10 million. Fugro will also have the exclusive option to purchase the remaining shares.
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Revus complete Murchison and Delta acquisition from StatoilHydro

2008.03.03 - Company News -

Revus complete Murchison and Delta acquisition from StatoilHydro

Revus Energy ASA (OSE:REVUS) has now formally completed the acquisition of StatoilHydro's interests in PL 037C and PL 037D. The acquisition includes 51.88 per cent interest in PL 037C, including an 11.52 per cent interest in the Murchison field, and 21.88 per cent interest in PL 037D, including the Delta discovery, from Statoil ASA. Full text

Dunquin to be handed over from Providence to ExxonMobil

2008.03.03 - Company News -

Dunquin to be handed over from Providence to ExxonMobil

Providence Resources Plc today announce that it has been advised that ExxonMobil will assume the role of Operator in respect of Dunquin exploration prospect offshore Ireland. Full text

Transocean Deepwater Pacific 1 hull to be launched in March

2008.02.29 - Company News -

Transocean Deepwater Pacific 1 hull to be launched in March

The Deepwater Pacific 1 is the first of the drillships to be built by Transocean Pacific Drilling Inc., a joint venture company between Transocean Offshore International Ventures Ltd. and Pacific Drilling Ltd. at the Samsung Heavy Industries (SHI) shipyard in South Korea. Full text

TechnOcean targets subsea operation supplier Scan Mudring

2008.02.29 - Company News -

TechnOcean targets subsea operation supplier Scan Mudring

GC Rieber Shipping targets a leading position as supplier of challenging subsea operations. The company acquires, through the 52 % owned subsidiary Technocean, the Mandal-based company Scan Mudring. Full text

DOF Subsea relocate vessels for contracts of Australia

2008.02.29 - Company News -

DOF Subsea relocate vessels for contracts of Australia

DOF Subsea get awards offshore Australia for its fleet and related services; the total value of work secured to date exceeds USD33M. Three vessels are now relocated and dedicated to, and operated out of DOF Subsea Asia and ideally positioned to meet demand in the region`s buoyant offshore market.
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Pride well positioned for deepwater drilling

2008.02.28 - Company News -

Pride well positioned for deepwater drilling

We believe our investments in the deepwater market sector are timely, as we continue to witness exceptional activity levels with growing evidence that suggests the strong industry demand for deepwater capacity could remain well beyond 2010. Full text

Oceaneering with record subsea earnings and margins

2008.02.21 - Company News -

Oceaneering with record subsea earnings and margins

Oceaneering said results for the fourth quarter and the year were outstanding and that they achieved record earnings for the fourth consecutive year. The earnings growth was driven by our strategic focus on providing services and products to support deepwater and subsea completion activity. Full text

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