Fossil Energy
Gas leak at Gudrun platform
There has been a gas leak at the Statoil-operated Gudrun platform in the Norwegian part of the North Sea. According to Offshore.no, a Norwegian website covering the country’s oil and gas sector, the leak occurred on the platform earlier this morning. No injuries have been reported to the crew. There
Eni: Fourth quarter loss deepens
Italian oil company Eni has reported a net loss of €2.34 billion for the fourth quarter of 2014, compared to a €647 million net loss reported in the corresponding period of 2013. The company has said that its net profit for the quarter was impacted by “a loss on the alignment of crude oil and [&hell
Lime Norway buys stake in three licences from Tullow
Rex International Holding’s jointly-controlled entity, Lime Petroleum Norway AS, has signed an agreement with Tullow Oil Norge to acquire an additional 20 per cent stake in licences PL591, PL591B and PL591C in the Norwegian Sea. The transfer of the 20 per cent stake, which will increase Lime Norway’
Paragon Offshore rigs get more work in North Sea (Gallery)
Paragon Offshore, a recently established offshore drilling contractor, has secured more work for three of its jack-up drilling rigs. In its fleet status report the company has said that is C20052 rig has secured a contract extension from February 2015 to mid-February 2015 with Dana in Denmark. The d
Decom Offshore 2015 to promote cost reduction in decommissioning
Decom North Sea (DNS), the representative body for the offshore decommissioning industry, will be hosting Decom Offshore 2015 in order to “continue its work to drive and facilitate a sustainable and efficient decommissioning industry”. Entitled Decommissioning – The Economic and Operational Challeng
GMB Scotland considers strike action
GMB Scotland officers are to seek permission from GMB Scotland Regional Committee to move to ballot members covered by the Offshore Contractors Agreement over possible strike action following what they say are unilateral changes to working conditions. The union says that this follows lack of progres
Eidesvik Offshore takes OCV Viking Neptun
Eidesvik Offshore has today taken delivery of the Offshore Construction Vessel (OCV) Viking Neptun from Kleven Verft AS. According to Eidesvik Offshore, a long-term loan facility of $124 million has been drawn with Nordea and Eksportkreditt Norway/GIEK to finance the vessel. The vessel will primo Ma
Offshore worker exposed to radiation
A worker on an offshore platform in the UK North Sea has been blasted with radiation
Teekay takes delivery of ‘Arendal Spirit’ flotel
China’s Cosco yard in Nantong has delivered an offshore accommodation rig to Teekay Offshore Partners. The news was first shared by Sevan Marine, a Norway-based company that designed the cylindrical flotel, named the ‘Arendal Spirit’. Sevan also added that the delivery triggers the payment of $10 mi
Oil & Gas UK to release Activity Survey 2015. To debate industry’s future
Oil & Gas UK has yesterday confirmed that its Activity Survey 2015 will be released on Tuesday, February 24, 2015. Following release of that report, Oil & Gas UK, the trade association for the offshore oil and gas industry, will embark on a roadshow, debating the report’s results with members across
Lerwick Harbour awards quay job to BAM Nuttall (UK)
Plans for significant further expansion of Lerwick Harbour’s extensive deep-water facilities for the offshore oil and gas industry have advanced with the award of a major contract to extend the quay at Dales Voe South to support subsea developments and decommissioning. Lerwick Port Authority has com
Deep Sea Supply inks deals for two PSVs
Deep Sea Supply has signed contracts for two of its Platform Supply Vessels (PSVs). The company agreed on a 1 year firm plus 1 year options contract with Petrobras for the PSV Sea Brasil for operations in Brazil. The beginning of the contract is scheduled for the second half of 2Q 2015. The vessel P
Oil spills: Industry must not take its eye off the ball
The oil and gas industry is set to discuss the importance of maintaining focus on oil spill response across all sectors at the three day Interspill conference and exhibition in Amsterdam from 24 – 26 March. Rob Cox, technical director at IPIECA and Interspill chairman, believes it is crucial that sp
Hunting in staff cuts
Hunting PLC has informed that corrective cost-actions in response to market conditions across all of Hunting’s operations are underway. The company says that this includes the reduction of operating shifts and hiring freezes, while those businesses which are most impacted by the lower levels of acti