Fossil Energy
McDermott, GE form io oil & gas consulting
GE Oil & Gas and McDermott International, Inc. today launched io oil & gas consulting, a new independent venture to transform the development of front-end solutions for offshore fields. io aims to deliver greater certainty into the design and planning of the offshore oil and gas field and overhaul t
Norway: FPSO battered by storm (VIDEO)
This week we shared a video of the Borgholm Dolphin semi-submersible accommodation rig in the UK North Sea, being rocked by high waves and strong winds. The video we’re sharing today shows the Alvheim FPSO being battered by the winter storm Nina. The Alvheim FPSO is located in the Norwegian part of
Statoil exits three Greenland licenses
Norway’s Statoil has confirmed that the company has handed back three of its four oil and gas exploration licenses located offshore Greenland. Namely, three licenses off the west coast of Greenland were handed back by the end of 2014, but the company kept one license off the east coast where the dea
H&W wins ‘Byford Dolphin’ upgrade gig
Harland and Wolff (H&W) has announced the contract award of the dry docking and Renewal / Special Periodic Survey of the Byford Dolphin Mobile Offshore Drilling Unit (MODU) by Aberdeen based Dolphin Drilling Limited. Following on the completion of its sister rig the Blackford Dolphin in 2014, the By
Petrobras cancels tender for AHTS vessels
Siem Offshore has informed that Brazil’s Petrobras has cancelled tender for AHTS vessels. According to Siem Offshore, the tender comprises, among others, bids from Siem Offshore for four vessels already employed in Brazil and two additional AHTS vessels. The company explains that contracts for four
EFC Group builds BOP for new jack-up rig
EFC Group, a designer and manufacturer of instrumentation, monitoring, control and handling systems for the global oil and gas industry, has completed a £1.3 million ($2.2 million) contract to design and build a BOP and diverter control system for China based Dalian Shipbuilding Industry Offshore Co
LOC appoints Group Director, Marine Assurance and Risk
LOC Group Ltd (London Offshore Consultants) – a global marine engineering consultancy – has appointed Andrew Pointing into the newly created role of Group Director, Marine Assurance and Risk. According to the company, this new position is part of an ongoing restructuring process which sees LOC creat
Statoil finds buyer for Huldra platform
Norwegian oil giant Statoil has reportedly found a buyer for its Huldra platform, which has been on sale since 2011.
Catcher on track for 2017 production. FPSO construction starts
Cairn Energy, an independent oil and gas company, has informed that first steel has been cut for the Premier-operated Catcher FPSO unit. Cairn owns a stake in the Catcher area, located in the UK Central North Sea. Cairn did not specify the exact date of the Catcher FPSO steel cutting ceremony but on
Oil & Gas UK: Industry desperate for tax regime changes
Seeing Brent crude oil falling below $50 a barrel, Oil & Gas UK, an industry body representing offshore oil and gas companies in the UK, has called for major tax cuts, saying that the industry cannot carry the burden of the current tax levels, at these oil prices. Malcolm Webb, Oil & Gas [&helli
Norwegian gas deliveries decline in 2014
A total of 101 billion standard cubic metres (scm) of gas was transported in 2014 within Gassco’s operatorship from the Norwegian continental shelf (NCS) to terminals in Germany, Belgium, France and the UK. “Norwegian gas makes a substantial contribution to energy supply in major European countries,
COSLProspector semi-sub delivered
The first new-build semi-submersible drilling rig incorporating Wood Group Mustang Norway’s (WGMN’s) GG5000 floating hull design has been delivered to COSL Drilling Europe (CDE). The rig, built by CIMC Raffles, was recently on sea trials in China. The COSLProspector was designed to operate in water
Wood Mackenzie: Exploration to slow down in 2015 (Norway)
Wood Mackenzie, an energy intelligence company has, in its annual review of Norway’s upstream oil and gas sector, said that despite the dramatic fall in oil prices in the last quarter, on the surface 2014 was business as usual for the country’s buoyant upstream sector. However, the company we expect
Statoil gets nod for Knappen drilling
Statoil has received consent from the Petroleum Safety Authority (PSA) Norway to carry out exploration drilling of well 16/7-11, in the North Sea. Statoil is the operator for exploration licences PL 072 B and PL 072 D in block 16/7 in the central North Sea. Statoil has applied for consent to drill e