Fossil Energy
Goliat FPSO hook up for Aibel
Norway’s Aibel has been awarded the contract for hook up and commissioning of Goliat before start-up at the field in the Barents Sea, offshore Norway. The contract includes preparations prior to towing the Goliat FPSO offshore, miscellaneous offshore hook-up activities and assistance during final co
Kosmos’ 3Q profitable
Kosmos Energy has reported its third quarter 2014 net income of $19 million, or $0.05 per basic and diluted share, compared with a net loss of $44 million, or $0.12 per basic and diluted share in the same quarter last year. Oil revenues in the third quarter of 2014 were $137 million versus $215 mill
C-MAR’s DP services for Bourbon Offshore fleet
C-MAR, an international marine and offshore services business, has won a new contract with Bourbon Offshore. C-MAR says that the three-year agreement, will start in January 2015 and see C-MAR supply Dynamic Positioning assurance services to one of the largest offshore vessel owners in the world. C-M
Golden Eagle wells start producing oil
The Golden Eagle Area Development (GEAD) in the UK North Sea has begun oil production, China’s CNOOC Limited has announced. The GEAD includes development of the Golden Eagle, Peregrine and Solitaire fields. The fields are located in blocks 20/1S, 20/1N and 14/26a of the North Sea, and are located 70
Total hits oil at Garantiana appraisal well
Total E&P Norge AS, operator of production licence 554, offshore Norway, has completed drilling and testing of appraisal well 34/6-3 S on the “Garantiana” discovery and the wildcat sidetrack well 34/6-3 A have been completed. According to Det norske, a partner in the production license, the update
Johan Sverdrup: Contracts ahead for Norwegian suppliers
The gigantic Johan Sverdrup field, described by Statoil as one of the most profitable industrial projects in Norway over coming decades, will provide enormous value, the company has said. Construction of the first phase may lead to 51,000 man-years related to Norwegian deliveries, and the field may
Popular news, Oct 27 – Nov 2, 2014
One of the world’s largest vessels set to leave Asia for Europe, Azeri rig incident, Offshore Energy in pictures, Job cuts in Norway, Offshore discovery in Gulf of Mexico…. ‘Pieter Schelte’ to leave S. Korea within days, Allseas President says The vessel is expected to arrive in Rotterdam, the N
Pacific Drilling signs up for $500 M loan
Pacific Drilling S.A. has signed a revolving credit facility with an aggregate principal amount of up to $500 million. Prior to delivery of the Pacific Zonda drillship, up to $350 million is available under the $500 million revolving credit facility. The remaining $150 million will become available
Cathelco to supply ICCP for Armada Ali FPSO
Cathelco has won an order to supply an impressed current cathodic protection (ICCP) system for the Armada Ali which will safeguard the hull of the vessel against corrosion. The Armada Ali is being converted into an FPSO from the VLCC Osprey, a 301,963 dwt VLCC at the Keppel yard in Singapore. The co
Songa Offshore secures funds for two Cat D drilling rigs
Songa Offshore SE has announced that the documentation for the USD 1.1 billion senior secured credit facility for the financing of the last two Cat D drilling rigs, Songa Encourage and Songa Enabler, has been completed and the loan agreements have been signed by all parties. The financing consists o
DONG Energy, Total in joint development of UK fields
DONG Energy has agreed to divest 5% of the UK Edradour field to Total E&P UK Limited. The divestment, when completed, will result in an aligned DONG Energy participation of 20% in the four UK West of Shetland fields, Laggan, Tormore, Edradour and Glenlivet. Total is the sole co-owner (80%) and opera
Offshore industry optimism declines, Oil & Gas UK says
The Q3 2014 Oil & Gas UK Business Sentiment Index published yesterday (October 30) shows that optimism in the sector continues to decline with a drop from two points above zero on the -50 to +50 index to seven points below zero. Published quarterly, the index captures a snapshot of the industry mood
Eureka to work on Goliat in Barents Sea
Eni Norge has awarded a contract to Eureka for services related to the Goliat platform located in the Barents Sea. Eureka will provide support to Eni Norge with service, overhaul and repair of pumps and related equipment, including but not limited to the following: installation, commissioning and st
Huisman installs multi-lay tower on ‘Lewek Constellation’
Huisman Equipment has installed a 800mt Multi-lay tower onboard Ezra’s Lewek Constellation. Huisman has reported through the company’s Facebook page that the 3,000mt Huisman Offshore Mast Crane onboard the vessel and the Matador 3 were used to install the tower which is capable to do both Reel lay a