Fossil Energy
Ex-Wintershall man named OMV CEO
The Supervisory Board of OMV Aktiengesellschaft has appointed Rainer Seele (54) as the new Chairman of the Executive Board and CEO of OMV. Rainer Seele has accepted the appointment. He will assume the position effective July 1, 2015 for a three-year period, with an extension option for OMV for furth
2H Offshore to work on Johan Sverdrup development
2H Offshore, an Acteon company, has been awarded a contract by Statoil for tieback conductor, platform conductor and surface riser engineering analysis on the Johan Sverdrup field in the Norwegian sector of the North Sea. 2H had already conducted engineering studies for Statoil to support wellhead s
EMAS: Contract extension for Boa Sub C vessel
Boa OCV AS has a firm charter contract with EMAS-AMC AS for the BOA Sub C until July 17, 2015. According to Boa, the parties have now agreed to extend the charter party for a 60 days firm period, with options to be agreed. The vessel has been working with EMAS since 2008. The Boa Sub […]
ERRV VOS Faithful ready for first charter
Vroon has announced that one of its newest vessels, VOS Faithful, is ready to start its first long-term charter. According to Vroon, following its arrival in Aberdeen last week, the vessel has now finalized preparations for ERRV duties. The vessel was named in November 2014 in China, and headed to N
Popular news, March 23 – 29, 2015
The most popular article from the last week was about a rig that caught fire offshore Egypt, spurring a crew evacuation. It was followed by a story about what is going to be the world’s first Floating LNG unit in operation, scheduled for completion by the end of the year. Next up, a video taken by [
SRC eyes Norwegian market with new subsidiary
Estonian Shipbuilding, Repairs and Conversion Group (SRC) has established a new Norwegian-Estonian maritime engineering collaboration chaired by Diderik Schnitler. Founded in Estonia in 2001, SRC has specialised in ship repair and conversion and is now expanding into the Scandinavian market. Diderik
GMB votes for North Sea strike ballot
Proper risk assessments and consultation have not taken place and the new rotas will have an adverse impact on member’s safety, health and quality time, says GMB, UK’s general trade union. Members have voted overwhelmingly in consultative ballot to ask GMB Scotland Committee to give the go-ahead for
Eni/Kogas drill dry well offshore Cyprus
Cyprus’ latest offshore well searching for natural gas has come up dry. According to the island country’s energy ministry, a consortium between Italy’s Eni and South Korea’s Kogas failed to discover exploitable hydrocarbons during their drilling effort at the Amathusa well. In a statement issued Thu
Viking bags charter deal for AHTS Brage Viking
Viking Supply Ships has entered into a contract with an “oil major” for the ice-classed AHTS “Brage Viking”. The contract is starting April 1, 2015. The duration is for two years and eight months firm, plus options to extend the contract with a total of 18 months. According to Viking, the contract n
CSV Normand Cutter gets another year with Saipem
Norway’s Solstad Offshore has informed that Saipem has declared its option to extend the contract for the construction vessel (CSV) “Normand Cutter”. The contract is extended with one year starting from May 2015. According to Solstad Offshore, this is the last of a total of three yearly options. The
Statoil’s Polarled pipeline installation begins (Norway)
The Allseas’ Solitaire pipe-laying vessel yesterday, March 26, 2015, embarked on the first stage of the Polarled installation project in the Norwegian Sea. The 482-kilometre long pipeline will transport gas from the Aasta Hansteen field in the Norwegian Sea to Nyhamna in western Norway. Statoil is o
PA Resources seeks protection from creditors
PA Resources AB, a Sweden-based oil company with assets in the North Sea and Africa, has failed in convincing its creditors to delay interest payment due in October 2014, until April 30, 2015. The cash-strapped oil company has for the past few months been in discussions with its creditors regarding
Unite: North Sea job cuts ‘a growing scandal and call for catastrophe’
Unite, UK’s largest workers union has warned of “a dangerous and quickening ‘race to the bottom’ in the UK’s offshore oil and gas industry”, after oil companies Shell and Taqa announced they would be cutting 350 North Sea jobs yesterday. Workers at Shell are facing 250 job cuts and imposed changes t
Statoil gets go-ahead from NPD for North Sea wildcat drilling
The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 15/6-13, located in the North Sea. Well 15/6-13 S will be drilled from the Songa Trym semi-submersible drilling rig near the Gina Krog field in the central North Sea. In February, the company received con