Exxon Tries to Put the Worst Behind it With $20 Billion Writedown
By Jennifer Hiller HOUSTON, Nov 30 (Reuters) – Exxon Mobil Corp on Monday said it would write down the value of natural gas properties by $17 billion to $20 billion,...
Solstad Offshore’s Derrick/Lay Barge (DLB) Norce Endeavor has just earned a contract with Chevron’s subsidiaries in Thailand for a 200-day offshore installation campaign commencing in 2016.
The Norce Endeavour will install multiple new wellhead platforms (WHPs) and subsea pipelines in the Gulf of Thailand including fourteen WHP’s (Well Head Platforms) and fifteen pipelines.
Solstad will provide project management, engineering, procurement and logistics from their Singapore office.
In the meantime, the vessel is currently preparing to commence Chevron’s 2015 offshore installation program starting 30 April 2015.
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