Fossil Energy
SBM Offshore sells ‘SBM Installer’
Dutch company SBM Offshore has entered into an agreement to sell the SBM Installer, a Diving Support and Construction Vessel (DSCV), to OS Installer AS for US$150 million in cash. OS Installer AS is a newly established joint venture between Ocean Yield ASA (75%) and SBM Offshore (25%). The companies
Rosneft cancels contracts for Siem Offshore vessel trio
Norway’s Siem Offshore has received notices of contract termination for two of its AHTS vessels and one PSV in Russia. The contracts for two AHTS vessels “Siem Topaz” and “Siem Amethyst” and for one PSV “Siem Pilot” were announced back in 2013. According to Siem Offshore, the contract was with Karmo
Hess orders subsea systems for Stampede
Energy services company Proserv has secured a major contract win worth in excess of $20 million for the provision of a 12-well subsea control system along with associated topside and subsea interface equipment for the deepwater Stampede development, situated in the Gulf of Mexico. Work for the proje
Early termination for Viking’s anchor handlers
Sweden’s Viking Supply Ships has received an early termination for three of four AHTS vessels it chartered to a major oil company back in 2013. The original charter contract applied to the drilling seasons 2014 and 2015, with options for the drilling seasons 2016 and 2017. The drilling season was ex
Dragon Oil out of Petroceltic takeover
Dragon Oil, a Dubai-based oil company has pulled out of the previously proposed agreement to take over Ireland’s Petroceltic International oil and gas firm. In an announcement issued today, Dragon Oil said that the proposed offer for all the issued, and to be issued, share capital of Petroceltic at
Executive promotion at Ensco
Offshore drilling contractor Ensco plc announced today that Carey Lowe has been promoted to Executive Vice President reporting directly to CEO and President Carl Trowell . He will be responsible for overseeing investor relations, public relations, employee communications and branding, led by Vice Pr
Statoil to drill Julius with jack-up ‘Maersk Gallant’
Statoil has received consent from the Petroleum Safety Authority (PSA) Norway to drill exploration well 2/4-23 in the southern part of the North Sea. Statoil is the operator for exploration licences 146 and 333 in block 2/4 in the southern part of the North Sea. Exploration well 2/4-23 is to be dril
Wintershall gets nod for Imsa drilling (Norway)
Wintershall has received consent from the Petroleum Safety Authority (PSA) Norway to carry out exploration drilling of well 6406/2-8 in the Norwegian Sea. Wintershall Norge AS is the operator for production licence 589 in block 6406/2 in the Norwegian Sea. Exploration well 6406/2-8 is to be drilled
EMGS sells 3D EM data for Barents Sea
Electromagnetic Geoservices ASA (EMGS) has entered into a $8 million data licensing agreement with an international oil company for the provision of 3D EM data from EMGS’ multi-client data library in the Barents Sea. “This sale confirms the increased recognition of the value of EMGS’ EM technology a
PSA: Green light for B-11 platform disposal
Gassco has received consent from the Petroleum Safety Authority (PSA) Norway to remove and dispose of the B-11 platform located on the German Continental Shelf. B-11 was part of the Norpipe pipeline from the Ekofisk field to Emden in Germany, until the pipeline was diverted around the platform in th
Popular news, November 24 – 30, 2014
The article on the massive ‘Peter Schelte’ multi-purpose heavy-lift, transportation and pipeline installation vessel leaving South Korea was the most read story of the last week of November. Scroll down for more popular stories from this past week.
DOF inks five new PSV contracts (Gallery)
DOF ASA has been awarded five new platform supply vessel (PSV) contracts. Two of those are inked with Total UK, one with Chevron North Sea, one with CNR International and finally one with BP Egypt. The company signed a 3 year firm contract plus up to 2 years options with Total UK for Skandi Barra. T
Statoil to operate giant Johan Sverdrup field
Statoil will become operator for all phases of the massive Johan Sverdrup field in the North Sea, offshore Norway. The decision has been made by the partners in the field, Statoil has announced. Statoil said that the decision will be added in the Unit Operating Agreement (UOA), which is planned to b
Gallery: IHC launches ‘Seven Rio’ pipe layer
Royal IHC (IHC) has today launched Subsea 7’s 550t pipelaying vessel, Seven Rio, at its shipyard in Krimpen aan den IJssel, The Netherlands. The naming ceremony was performed by Anelise Lara, Petrobras Executive Manager for the Libra Project. The Seven Rio is the second of four vessels in total orde