Fossil Energy
New smartphone launched for offshore oil & gas sector
Motion Software, the Aberdeen-based hardware, software and tagging specialist for the oil and gas industry, has announced the availability of a new smartphone for use in hazardous areas in the offshore market. The new Smart-E 01, which is suitable for use in Zone 1 ATEX-compliant areas, is designed
PA Resources’ Board to meet, decide on liquidation
The board of Sweden’s PA Resources has approved the balance sheet for liquidation purposes and will convene an extra general meeting (EGM). In a press release dated January 20, 2015, PA Resources informed that a balance sheet for liquidation purposes would be prepared. The board of PA Resources has
Imtech Marine’s technology on board ‘Pieter Schelte’
Pieter Schelte, Allseas’ groundbreaking new-build vessel, recently arrived in the port area of Rotterdam. Imtech Marine is a technology partner and system integrator on board the Pieter Schelte, which is “the largest offshore vessel the world has ever seen”. Over the past three years, Imtech Marine
Belfreight containers for ‘Prirazlomnaya’
JSC “Belfreight” will supply the Gazprom-operated drilling platform “Prirazlomnaya” with reusable offshore containers, the company has said in a press release. Specialized offshore containers of diverse modification are used to deliver equipment and provision to offshore drilling rig. According to B
Popular news, January 19 – 25, 2015
As the oil industry sector is looking for ways to reduce costs amid falling oil prices, similarly to the week of January 12 – 18, 2015, more companies have announced workforce reductions. Accordingly, articles on Talisman and Baker Hughes laying off their workers were the most read. You also read ab
IndustriALL, Total ink deal to protect 100.000 workers
IndustriALL Global Union yesterday in Davos, Switzerland, signed a landmark agreement with Total, the French oil and gas giant, guaranteeing employee rights across the company’s international operations. The agreement was signed by Patrick Pouyanné, the recently appointed Chief Executive Officer of
Wintershall starts Imsa drilling
Wintershall Norge AS has started drilling of exploration well 6406/2-8 in the Imsa prospect, in the Norwegian Sea. The company received consent from the Petroleum Safety Authority (PSA) Norway to drill the well in December 2014. The well is located in production licence 589 in block 6406/2 and 6406/
UK fast-tracks consultation on o&g investment allowance
The Prime Minister David Cameron reinforced the government’s support for the UK’s oil and gas industry at a meeting with industry representatives, hosted jointly with HM Treasury ministers Danny Alexander and Priti Patel. Chief Secretary to the Treasury Danny Alexander and the Exchequer Secretary to
5 Oil & Gas companies themes to look out for in 2015
Wood Mackenzie, an energy intelligence group, has issued a list assessing the challenges facing the Majors, Independents and National Oil Companies (NOCs) in 2015, identifying five themes to look out for which will shape the oil & gas corporate landscape: The financial challenge of low prices Lo
‘African Inspiration’ vessel delivered to Marine Platforms
Marine Platforms, an oil and gas subsea support services firm, located in Nigeria and Aberdeen, has taken delivery of a new subsea support vessel, the African Inspiration, from Norwegian shipbuilder Havyard. Marine Platforms, which is headquartered in Lagos, Nigeria, with an operations base at Port
EnQuest cuts 2015 capex
EnQuest, an independent oil and gas exploration and production company has said it will slash its 2015 capital investments. Back in November 2014, EnQuest said the indicative level for capital investment for the North Sea in 2015 was expected to be in the range of $700 million to $800 million, with
Statoil to explore Snefrid Nord prospect (Norway)
Statoil has received consent from the Petroleum Safety Authority (PSA) Norway to drill exploration well 6706/12-2, in the Norwegian Sea, using a Transocean-owned rig. Statoil is the operator for production licence 218 in block 6706/12 in the Norwegian Sea. Statoil applied for consent to drill explor
Shell isolates Curlew FPSO from gas line
Shell has today said the divers have managed to isolate the Curlew FPSO from the Fulmar gas line, following a gas leak detected near the FPSO on Monday night, in the central North Sea, 220 kilometers east of Aberdeen, Scotland. The gas reportedly leaked from subsea infrastructure which is connected
‘Safe Boreas’ sailing towards Lundin contract
Safe Boreas, a newly built offshore accommodation rig owned by Prosafe, is on its way to Norway. The rig was named at a ceremony in Singapore in October last year. According to the owner, Prosafe, the flotel was delivered from Jurong Shipyard in Singapore earlier this month. The rig is currently sai