TGS signed an agreement with Thalassa Holdings/WGP to acquire P-Cable 3D seismic data in the Norwegian Barents Sea. The activity is expected to last for 90 days and will commence in April 2015. Also in the Barents Sea this week, several…
Lundin Petroleum, through its wholly owned subsidiary Lundin Norway, entered into an agreement to farm-out a 30% working interest in PL338C to Lime Petroleum Norway. PL338C contains the Gemini prospect, which is currently being drilled with the Island Innovator rig…
The US Gulf of Mexico deepwater Madison well has been plugged and abandoned after failing to find commercial hydrocarbons. Operator Noble Energy drilled the well to a total depth of 16,850ft, in 7149ft water depth, on Mississippi Canyon 479…
North Energy and Noreco Norway have agreed to swap interests in two offshore Norway production licences (PL). North Energy will acquire 15% of PL 484 in the Norwegian Sea and transfer a 10% holding in PL 616 in the North Sea to Noreco…
Norway-based AGR Holdings (AGR) is to be taken over by private equity firm Silverfleet Capital in a deal worth NOK 1,640 million (€195 million). The deal is expected to be completed on or around end of August 2014. AGR Holdings is the petroleum services division of Oslo-listed AGR Group…
Deep Sea Supply has agreed a deal to buy 10 platform support vessels (PSVs) for US$366 million. The move will increase the firm's fleet from 30 to 40 vessels. Deep Sea Supply says the 10 PSVs will achieve attractive cash break even rates…
Singapore-based Ezra Holdings has said it is considering listing its subsea services division EMAS AMC in the US and has appointed J.P. Morgan Ltd. as an advisor. Ezra said it was looking at strategic options, to increase its international profile and position of EMAS AMC…
Sevan Drilling ASA today (October 23) took delivery of the Sevan Louisiana from Cosco Quidong Shipyard in China. The drilling rig has a cylindrical hull design and will be capable of drilling in water depths to 10,000ft. Sevan Louisiana…
Eni and Rosneft began seismic operations in the icefree portion of the Russian Barents Sea. A 9950km 2D seismic survey is planned over the Fedynsky and Central Barents license areas. Eni and Rosneft formed joint venture companies to operate each of the Russian offshore projects…
QGOG Constellation S.A. announced that Queiroz Galvão Óleo e Gás S.A. (QGOG), together with its partners, signed contracts valued at US $3.5 billion for the 20-year charter and operation of two FPSOs, Cidade de Maricá and Cidade de Saquarema…
Eni and Rosneft began seismic operations in the ice-free portion of the Russian Barents Sea, the companies confirmed on July 8. The 2D seismic survey is planned for 9950km over the Fedynsky and Central Barents license areas. During the…
DeepOcean UK, a subsidiary of DeepOcean Group Holding BV, announced that it has acquired a 50% interest in 3D sonar visualization firm, ADUS, to form ADUS DeepOcean Ltd. Bart Heijermans, DeepOcean Group Holding BV CEO says, “This acquisition…
EMAS Group, part of Ezra Holdings Ltd., won Shipowner of the Year at the 7th Annual Offshore Support Journal Conference and Awards ceremony in London on 19 February 2013.EMAS founder Lee Kian Soo (Image: Ezra Holdings Ltd.)In addition to Shipowner of the Year…
Valle Silencioso, a company managed by Sophia Capital, now has a 95.8% stock holding in pipeline coatings and subsea thermal insulation specialist Socotherm following the acquisition of 50% of the outstanding shares of SO-4 Ltd from 4D Global Energy Investment…
Venkatraman Sheshashayee succeeds the retiring Chan Mun Lye as CEO of Singapore vessel operator Jaya Holdings. Max Alexander Hafstad Hartvigsen becomes the company’s president, offshore.
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