Fossil Energy
DOF Subsea inks LOA for ‘Skandi Hawk’
DOF ASA’s subsidiary, DOF Subsea, has been awarded a Letter of Award (LOA) with a “major international oil company” in the Asia Pacific region. The LOA is for a 7 + 3 year IRM contract and DOF Subsea says that the vessel Skandi Hawk is planned to be utilized under the contract. According to the comp
Plexus bags additional POS-GRIP order from Shell
Plexus Holdings has received purchase orders (POs) from Brunei Shell Petroleum Sdn Bhd (BSP) to supply both High Pressure/High Temperature (‘HP/HT’) and standard pressured wellhead systems and services for three additional exploration wells under an existing four year contract (the Supply Agreement)
First oil flows from Eldfisk II (Norway)
ConocoPhillips has started oil production from its Eldfisk II project in the Norwegian North Sea. “Eldfisk II joins Ekofisk South as the second major project startup in Norway since late 2013,” said Matt Fox, executive vice president, Exploration and Production. “These projects will increase ultimat
Infographic: Chevron joins Viper Subsea’s JIP
Chevron has become the latest major operator to join Viper Subsea’s Joint Industry Project (JIP) to develop its Subsea Integrity Monitoring System known as V-IR. Viper Subsea says that the project, which began in October 2013, has already attracted Shell, BP and Total and the additional sponsorship
Dyna-Mac modules for Catcher FPSO
Dyna-Mac has secured a contract with a preliminary sum close to S$89 million for the construction of 10 units of FPSO topsides modules and 1 unit of flare tower from BW Offshore, a provider of floating production services to the oil and gas industry. Dyna-Mac’s contract includes preparation of shop
VARD secures offshore handling equipment order
Vard Holdings Limited (VARD) has, through its specialized subsidiary SEAONICS, secured a large equipment contract for a vessel under construction at FINCANTIERI S.p.A. Based in Ålesund, Norway, SEAONICS designs and manufactures offshore handling equipment to improve all critical lift and handling op
Rosneft to buy up to 160 AW189 helicopters
Rosneft, Rostec Corporation and Italian group Finmeccanica signed trilateral agreement for strategic partnership. The document was signed by the Head of Rosneft Igor Sechin, Rostec Corporation CEO Sergey Chemezov and the Head of Finmecanica group Mauro Moretti on December 29, 2014. As part of the si
Increased dividend for Teekay Corp. shareholders
Teekay Corporation’s Board of Directors has declared a cash dividend on its common stock of $0.31625 per share for the quarter ended December 31, 2014. The cash dividend is payable on January 30, 2015 to all shareholders of record as at January 20, 2015. “Consistent with the new Teekay dividend poli
Rockhopper gets stake offshore Croatia
Rockhopper Exploration plc has been awarded a 40% interest in offshore Block 9 in Croatia in partnership with Eni (60% interest and operator). As previously reported, the Croatian Government has granted 10 licenses for exploration and exploitation of hydrocarbons in the Adriatic. The block is locate
Croatia awards 10 offshore licenses
The Croatian Government has granted 10 licenses for exploration and exploitation of hydrocarbons in the Adriatic. The awards, announced Friday, January 2, were preceded by the first license round for the exploration and exploitation of hydrocarbons in the Adriatic, which was concluded on November 3,
Seagull, BW Offshore developing training for offshore workers
Seagull Oil & Gas, a provider of training solutions for oil and gas industry has announced that, together with an FPSO-provider BW Offshore, it is working to develop industry-leading training material for the offshore industry. The company has explained that, building on a training relationship stre
JDR appoints new CEO
JDR has appointed David Currie as Chief Executive Officer and a member of the Board of Directors, effective 12 January 2015. Currie has nearly 30 years’ experience in the global offshore energy industry, most recently the UK Regional President for Aker Solutions. Previously to that he spent the
Popular news, December 29, 2014 – January 4, 2015
The most popular news of the past week include Offshore Energy Today’s compilation of the most read articles in 2014, a news article about Russia’s Gazprom becoming the sole owner of the South Stream, a report that five oil companies are eager to explore for oil and gas in the Adriatic Sea, and a wa
VIDEO: Statoil brings Valemon on stream
Norway’s Statoil has informed that the Valemon gas and condensate field in the North Sea was brought on stream on Saturday, January 3, 2015 at 08.36 a.m. According to Statoil, recoverable reserves from the field are estimated at 192 million barrels of oil equivalent. “Valemon is one of several new p