Business & Finance
Belgium: GeoSea Signs Contract for Northwind Offshore Wind Farm
GeoSea, subsidiary of the Belgian DEME Group and specialising in offshore constructions, has just signed a contract with Northwind NV for the construction and installation of foundations for Northwind’s offshore wind farm project off the Belgian coast. The project includes the installation of 73 ste
BP: First Gas Flows from Seth Field Offshore Egypt
On the 23rd of June, first gas from the $334 million Seth development commenced approximately 18 months from project sanction, which is 15 weeks ahead of schedule. Seth field is located 60km offshore in the Ras El Bar concession in the East Nile Delta Mediterranean, close to existing producing Ha’py
Switzerland: ABB Secures Order from Samsung Heavy Industries
ABB, the leading power and automation technology group, recently won an order worth $80 million from Samsung Heavy Industries to supply energy efficient drives, motors and electrical power systems for five drilling vessels and two liquefied natural gas (LNG) carriers to be built at Samsung’s shipyar
Norway: STATS Group Enables Tie-In of Fifth Pipeline on Statoil’s Troll A Platform
Specialist engineering company, STATS Group, has completed an 18 month design, manufacturing and installation project to enable the tie-in of a fifth pipeline on Statoil’s Troll A Platform. Statoil’s Troll A platform, located off the west coast of Norway, utilises a system of seal tubes to tie-in ri
ConocoPhillips Ready to Start Boreas-1 Well Drilling (Australia)
Karoon Gas Australia Ltd advises that at 06:00 hours (WST) today, final function testing of the Blowout Preventers (“BOP”) on the sea floor is currently being undertaken, with the expectation of drilling ahead with the 8 ½” hole later today. Since the last report, the BOPs and marine riser were run
Scottish Energy Minister to Meet Baden-Württemberg Politicians
Energy Minister Fergus Ewing will today meet with politicians from one of Germany’s major Federal States to discuss shared interests and opportunities in the growing domestic and international low carbon economy. On the final day of his three-day visit to Germany, Mr Ewing will meet with Franz Unter
Norway: North Atlantic Drilling Gets Extension of Contract for West Alpha
North Atlantic Drilling has received a letter of intent from ExxonMobil for assignment of the harsh environment semi-submersible drilling unit West Alpha. The extension has a firm period of two years with an estimated revenue value of US$410 million. Commencement of operations under the contract ext
ExxonMobil to Hire West Alpha Rig for USD 410 Mln (Norway)
Seadrill’s subsidiary North Atlantic Drilling has received a letter of intent from ExxonMobil for assignment of the harsh environment semi-submersible drilling unit West Alpha. The extension has a firm period of two years with an estimated revenue value of US$410 million. Commencement of operations
South Korea: SHI Holds Naming Ceremony for Suezmax Tanker ‘Stena Supreme’
Concordia Maritime’s Suezmax tanker Stena Supreme was yesterday named at a ceremony at the Samsung Heavy Industries shipyard in Geoje, South Korea. The tanker is a third generation, fuel-efficient Suezmax and will be employed in the open market via the Stena Sonangol Suezmax Pool. She is expected to
JAMSTEC’s Chikyu Continues Japan Trench Fast Drilling Project Expedition
The Japan Agency for Marine-Earth Science and Technology (JAMSTEC), as part of the Integrated Ocean Drilling Program (IODP), deployed the Deep-Sea Scientific Drilling Vessel Chikyu for 54 days from April 1 to May 24 to conduct the Expedition 343 for Japan Trench Fast Drilling Project. After this exp
USA: Vigor Marine Completes Work on Kulluk and Noble Discoverer
The Kulluk and Noble Discoverer set sail for the Arctic yesterday from Vigor Industrial’s Seattle shipyard, following completion of extensive environmental and safety upgrades by its commercial ship repair subsidiary, Vigor Marine. “It is impossible to overstate the pride Vigor Marine teams have fel
Offshore Workers Re-Boarding Platforms and Rigs Following Tropical Storm (USA)
Offshore oil and gas operators in the Gulf of Mexico are re-boarding platforms and rigs, and restoring production following Tropical Storm Debby. The Bureau of Safety and Environmental Enforcement (BSEE) Hurricane Response Team is monitoring the operators’ activities. The team will continue to work
Swire Orders Six PSVs from USC in Japan
Swire Pacific Offshore (SPO) announced the order of 6 high-specification 3700 DWT PSVs (with options for a futher 4 vessels) from Universal Shipbuilding Corporation (USC) in Japan. The vessels will be built in USC’s Keihin Shipyard and deliver progressively from 3Q 2014. These orders follow on from
McMoRan Apparent High Bidder for 14 GOM Blocks (USA)
McMoRan Exploration Co. announced the results of its participation in the Central Gulf of Mexico Lease Sale 216/222 held last week by the Bureau of Ocean Energy Management (BOEM) in New Orleans, Louisiana. McMoRan was the apparent high bidder on a total of 14 lease blocks on the outer Continental Sh