Fossil Energy
FES delivers two DBSCs for Kizomba development (Angola)
Two automatic Diverless Bend Stiffener Connectors (DBSC) units produced by supplier of fluid transfer systems, FES International, were delivered to Oceaneering International, Inc. and installed at the Esso Exploration Angola (Block 15) Limited Kizomba Satellites Phase 2 development located off the A
ASCO scoops BP deal
ASCO has announced the award of a contract by BP Exploration and Production to provide a range of integrated oilfield services to support its UK North Sea operations. The comprehensive contract, which is worth in excess of £100 million, covers a variety of activities including: supply-base operation
Reinertsen to prep Kristin platform for tie-in with Maria field
Statoil has awarded a contract to Reinertsen to prepare Kristin platform, located in the Norwegian Sea, for tie-in with Wintershall’s Maria field. According to Offshore.no, the contract is worth NOK 600 million ($75.37 million). The partnership aims to develop the Maria field as a subsea facility wi
Kongsberg DP technology onboard ‘Pioneering Spirit’
Following its inauguration ceremony in Rotterdam on 27th February 2015, Allseas’ Pioneering Spirit will start its first job offshore Norway this summer with an integrated Dynamic Positioning (DP) and manoeuvring system based on state-of-the art Kongsberg Maritime technology. The Kongsberg Maritime d
Safe Scandinavia: From flotel to tender support vessel
A semi-submersible accommodation rig arrived on Saturday morning, March 21, at the Westcon yard in Ølen, Norway. The ‘Safe Scandinavia’ flotel will now be converted into a Tender Support Vessel by Westcon. Once converted, the rig will support Statoil’s drilling operations at Oseberg Øst field in the
Noreco losing interest in Danish licences?
Norwegian Energy Company’s (Noreco) Danish subsidiary was in January prevented from making payments for its share of production costs at the Nini field, located in the Danish part of the North Sea, and it was consequently in breach of the licence agreement. As this situation was not remedied as of M
Statoil spins drill bit at Roald Rygg (Norway)
Atlantic Petroleum has announced that drilling of the Roald Rygg well 6706/12-3, in PL602, in the Norwegian Sea started on March 22, 2015 with the Transocean Spitsbergen rig. The well 6706/12-3 is planned to drill to a total depth of around 3420 m TVD and operations are anticipated to take 35 days.
Boskalis keeps buying Fugro stock. Now owns 25.1 pct
Royal Boskalis Westminster N.V., a Dutch dredging and offshore contractor, has increased its holding in its compatriot Fugro N.V. to 25.1 percent. Boskalis has been steadily increasing interest in Fugro since November 2014, but it again stressed that this is not a step towards making a takeover offe
Technip, FMC Technologies unite for new JV Forsys Subsea
FMC Technologies Inc. and Technip have signed an agreement to form an exclusive alliance and to launch Forsys Subsea, a 50/50 joint venture that will unite the skills and capabilities of two “subsea industry leaders”. According to the press release, this alliance will redefine the way subsea fields
Popular news, March 16 – 22, 2015
The most popular article during the week of March 16 – 22, 2015 was about Transocean sending more rigs to the scrapyard. The rig decommissioning story was followed by a piece on an incident in the UK North sea, where a supply vessel crashed into a platform. You also read about Chevron’s giant Big Fo
Norway: Oil & Gas sector had highest wages in 2014
Oil & Gas sector had the highest annual wages in 2014 in Norway, a report has revealed. According to Statistics Norway, employees in oil and gas extraction business had the highest annual wages in 2014 with 785,600 kroner. This corresponds to an increase of 21 200 kroner or 2.8 per cent from 2013. T
UK: New decom site at Tees Valley could create 1000 jobs
The UK Government has outlined plans to launch two new Enterprise Zones while extending several more of the thriving business hubs, promising businesses across the country a major boost. When it comes to oil & gas, the initiative will bring a new site at the Tees Enterprise Zone that will focus on t
UK Oil and Gas Authority to be able to issue fines and revoke licences
The UK government has today outlined what it says is a major package of support for the oil and gas industry following Wednesday’s Budget announcement. The new Oil and Gas Authority (OGA) will be given a range of powers to ensure it has the ability to help maximise the economic recovery of the UK’s
Oil & Gas UK boss meets Alexander and Davey in Aberdeen
Today, March 20, Oil & Gas UK has welcomed Chief Secretary to the Treasury, Danny Alexander MP, and his colleague Secretary of State for Energy, Edward Davey MP, to Aberdeen. Industry has been clear on the challenge it faces in three significant areas – fiscal, regulatory and cost, Oil & Gas UK said