Fossil Energy
EMGS sells Barents Sea 3D
Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an oil company worth $7.1 million for the provision of 3D EM data from EMGS’ multi-client data library in the Barents Sea. However, EMGS did not reveal the name of the client. “This sale is yet another confirmati
TGS names its first COO
Norwegian seismic survey specialist TGS has announced the appointment of Kristian Johansen to the newly created role of Chief Operating Officer (COO), effective February 1, 2015. Johansen joined TGS in 2010 as Chief Financial Officer. Prior to joining TGS, Johansen was the Executive Vice President a
SeaBird gets LoA for source work
SeaBird Exploration has received a letter of award (LoA) for source work for one of its vessels in the South East Asia region. The company says that it is estimated that the client will charter the vessel for 30-35 days starting early April 2015. However, it did not reveal the name of the vessel tha
IKM buys Hymek Services (Norway)
The IKM Group has taken a majority share position in Norway’s Hymek Services AS. IKM is buying 90% of the company, while the remaining interest is owned by Svånes Invest AS (Erik Svanes). The new name is IKM Hydraulic Services AS. Hymek Services AS is located in Tananger (Norway) and delivers servic
Eni inks Goliat deal with Mento
Eni Norge has entered into an agreement with Norwegian company Mento AS for the provision of services for the Goliat project, in the Barents Sea. According to Eni, the Hammerfest company will, among other things, provide service and maintenance of hoses and hose systems on the Goliat platform. The a
Statoil submits development plan for Gullfaks Rimfaks
Statoil and its partners have decided to develop the Rutil discovery located in the Gullfaks Rimfaks valley in the North Sea. According to Statoil, providing close to 80 million barrels of oil equivalent, the development will extend the lifetime of the Gullfaks A platform. The plan for development a
Det norske to use ‘Maersk Interceptor’ on Ivar Aasen wells
The Norwegian Petroleum Directorate (NPD) has granted Det norske oljeselskap AS a drilling permit for wells 16/1-21 S and 16/1-21 A, located offshore Norway. Wells 16/1-21 S and 16/1-21 A will be drilled from the Maersk Interceptor jack-up drilling rig from the joint position in production licence 0
‘Pieter Schelte’ gets Sonardyne’s Ranger 2
The Swiss-based Allseas Group has selected Sonardyne’s Ranger 2 Ultra-Short Baseline (USBL) acoustic positioning system for the world’s largest pipelay and platform installation/decommissioning vessel, Pieter Schelte. Built by Daewoo Heavy Industries in South Korea, at 382 metres long and 124 metres
Technip exercises option for OCV Viking Neptun
Norway’s Eidesvik Offshore has informed that Technip has exercised its first option for the charter of the newbuild vessel Viking Neptun. Technip has today exercised the option to extend the contract from 110 to 180 days operations in 2015. Charterer has in addition several options that they can dec
IMCA launches new membership structure
The International Marine Contractors Association (IMCA) is launching a new membership structure from January 1, 2015, in order to “better represent its members”. A new IMCA membership category entitled International Contractor (ICo) will come into play in the new year. The existing contractor member
Antrim turns down Sound Oil’s offer
Canada’s Antrim Energy has determined that the Intended Offer received from Sound Oil to acquire the entire issued share capital of Antrim for shares of Sound Oil is not in the best interests of Antrim shareholders. Sound Oil announced its intention to launch a public offer for Antrim Energy in Nove
Repsol in $8.3B Talisman takeover
Canada’s Talisman Energy Inc. has entered into a definitive agreement with Repsol S.A. under which Repsol will acquire 100% of the shares of the Canadian company for US$8.3 billion (EU6.64 billion), plus assumed debt of US$4.7 billion. Talisman recently issued a statement confirming it was approache
HitecVision merges five companies into one
Global Maritime has informed that HitecVision, a private equity investor focused on the upstream offshore oil and gas industry, is establishing a new oil service Group under the name Global Maritime Group by merging five companies in its portfolio. The five companies work in the fields of offshore a
Havyard selects new CFO
Norway’s Havyard Group has appointed Karl Eirik Frøysa Hansen as new CFO effective from January 1, 2015. Hansen comes from the position as Chief Accounting Officer in the company. He holds an MSc in Auditing from Norwegian School of Economics(NHH). Hansen is a State Authorised Public Accountant, and