(REUTERS) Doubts over the sales prospects of Samsung Electronics Co Ltd's new flagship smartphones are damping expectations of a rapid turnaround for the South Korean giant, even though profit likely continues to recover from last year's troughs. After peaking in mid-March as favorable reviews for the new Galaxy S6 models boosted earnings hopes, the company's stock [...]
License owners at the Yme field have concluded that it is not prudent to go ahead with new developments. Now remaining equipment is removed and the wells plugged.
After several years of technology development, building and testing the world's first subsea wet gas compressor in place at Gullfaks C platform in the North Sea.
Subsea 7 wins four contracts with Chevron Australia and INPEX Operations Australia.
Semco Maritime has been awarded the contract for preparation of Songa Equinox when the rig arrives at Norway.
Transocean will add Transocean Searcher laid in Haugland Osen outside Bergen Group Hanoytangen.
(RIGZONE) Norway's Songa Offshore SE announced Tuesday that it has taken delivery of Songa Equinox (mid-water semisub) from Daewoo Shipbuilding & Marine Engineering (DSME) in South Korea. Songa Equinox will shortly depart South Korea en route to Norway for commencement of an eight-year drilling contract with Statoil, with first assignment on the Troll Field on the [...]
(DETNORSKE) The negotiations concerning distribution of ownership interests in Johan Sverdrup have now entered a critical phase. Det norske oljeselskap is of the opinion that the values in the field should be distributed in an equitable manner. "Det norske is of the opinion that the ownership interests in Johan Sverdrup must be divided in a just [...]