Current affairs in the Oil & Gas industry
Songa Awarded Contract To Apply Rig & Modules
Apply Rig & Modules are awarded a framework contract for electrical service and maintenance of the rig company Songa Offshore.
Voila! Finally A New Rig Contract
North Atlantic Drilling has secured a new contract agreement in a bone dry market.
YME Field Laid Down
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.
The World’s First Wet Gas Compressor Lifted Into Place
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.
New contracts for Subsea 7
Subsea 7 wins four contracts with Chevron Australia and INPEX Operations Australia.
Semco Maritime and PSW Group welcomes Songa Equinox
Semco Maritime has been awarded the contract for preparation of Songa Equinox when the rig arrives at Norway.
Transocean WIll Idle Their Rig In this Specific Location
Transocean will add Transocean Searcher laid in Haugland Osen outside Bergen Group Hanoytangen.
DSME Delivers Songa Equinox Semisub, Newbuild to Work for Statoil in Q4 2015
(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 [...]
Distribution of the values in Johan Sverdrup
(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 [...]
Noreco Cuts Half of Its Employees Workforce To Reduce Costs
(OFFSHORENO) The crisis-ridden oil company Noreco must implement drastic cost cuts, it emerges in a statement Wednesday. The company writes that it wants to limit the financial obligations, particularly the exploration costs. Noreco also writes that about half of the 30 employees lose their jobs in the company. It's sad, but there is little way around [...]