Fossil Energy
Survitec Group’s safety equipment for Johan Sverdrup (Norway)
Survitec Group Norway has won a contract with Statoil for supplying 7500 items of safety equipment to the Johan Sverdrup oil field in the North Sea. The new framework agreement of supplying the oilfield, is the largest single product sales contract ever awarded to Survitec’s Norwegian business, the
Elmar in new senior appointment
Elmar, a designer and manufacturer of wireline products for slickline and electric line applications, has appointed Keith Thomson as Global After Sales Manager. According to Elmar, Thomson brings over 26 years of wireline operations experience to this role and he is joining Elmar from Baker Hughes w
Spotlight on Energy: Politicians to share their views on UK’s energy future
After five years of coalition Government, the next General Election in the UK is fast approaching. The polls predict the closest General Election result for a generation. Oil & Gas UK, Britain’s offshore oil and gas trade association will host a Spotlight on Energy – a hustings event for parliamenta
IEA: Global oil supply rises on OPEC’s record production boost
The IEA Oil Market Report for April raised its forecast of 2015 global oil demand by 90 000 barrels per day (90 kb/d) to 93.6 million barrels per day (mb/d), a gain of 1.1 mb/d on the year, informing subscribers that the notable acceleration from 2014’s 0.7 mb/d growth builds on cold first-quarter t
Hannon Westwood: What Shell’s takeover of BG means for North Sea?
Hannon Westwood, an energy intelligence group, has provided its insight into the recent deal whereby Shell will buy BG Group for $70 billion, the second biggest oil and gas deal on record after Exxon and Mobil’s £51bn ($75.3bn) merger in 1998. Among other things, the intelligence group has paid spec
Gunvor withdraws PA Resources bankruptcy request
PA Resources, a Sweden-based oil explorer, will continue its restructuring efforts, after its largest creditor and shareholder, Gunvor Group decided to withdraw its petition for bankruptcy in PA Resources. On Sunday night Gunvor Group informed the company that it had filed an application for bankrup
Report: Nexans axes staff in Norway
Nexans, a French company specializing in cable manufacturing, is reportedly downsizing its staff by 90 in Halden, Norway. In its plant in Halden, the company has 900 employees. According to Offshore.no, the reason for downsizing is the uncertainty in the oil industry. In addition, the company has wo
PSA sheds light on lifeboat incident on Maersk Giant jack-up
The investigation by the Petroleum Safety Authority Norway (PSA) into the incident on the jack-up rig Mærsk Giant, when a lifeboat was unintentionally launched to the sea, has now been completed. Several breaches of the regulations were identified. The rig was positioned on the Yme field in the sout
Bourbon in bribery case investigation (France)
Bourbon Offshore, a France-based supplier of offshore support vessels, has said that its former tax manager is being investigated for allegations of bribery of public officials in Cameroon, Equatorial Guinea and Nigeria in connection with the tax audits of local entities in 2011 and 2012. The compan
Amec Foster Wheeler clinches North Sea deal with BP
Amec Foster Wheeler announces today that it has been awarded a contract by BP to provide operations, maintenance and project support for the Forties Pipeline System – which includes the Unity offshore platform and onshore pumping stations in Aberdeenshire and Perthshire – and the Central Area Transm
‘Ocean Swift’ goes to scrapyard after 58 years of service
Atlantic Offshore, a Norway-based provider of offshore support vessels, is going to scrap a 58-years old Emergency Response and Rescue Vessel (ERRV). The ‘Ocean Swift’ ERRV is the company’s oldest vessel, and according to Atlantic Offshore’s press release, it has been sold for recycling. Due to its
Shell to use ‘Island Constructor’ on Draugen
AS Norske Shell has received consent from the Petroleum Safety Authority (PSA) Norway to use the Island Constructor for activities at well 6407/09-A-555-H on the Draugen field, in the Norwegian Sea. Shell is the operator of the Draugen oil field which is located in the Norwegian Sea in 250 metres of
PSA finds various breaches in Rowan Gorilla VI jack-up audit
From 27 January to 5 February 2015, the Petroleum Safety Authority (PSA) Norway carried out an audit of Rowan Norway Ltd’s management of major accident risk and systems for barrier management on Rowan Gorilla VI (RGVI). The Rowan Gorilla VI is a Super Gorilla class jack-up drilling rig owned by Rowa
Statoil board member resigns
Statoil has informed that its board member, Catherine Hughes, will resign from her position as member of the board of directors in Statoil ASA with immediate effect. According to Statoil, Hughes is resigning in order to avoid potential conflicts of interest following a recent change of circumstances