Fossil Energy
TAP’s EIA gets green light from Italy
The Minister of Environment, Gianluca Galletti, has signed the Decree of environmental compatibility of the project submitted by Trans Adriatic Pipeline AG (TAP) for the Italian section of the pipeline, concluding another major milestone for the project. The approval comes after extensive engagement
New shuttle tankers ordered for BG in Brazil
Knutsen NYK Offshore Tankers entered into new long-term charters with a subsidiary of BG Group plc, on 12 September 2014, to provide shuttle tanker services in Brazil.
New premises for N-Sea
Aberdeen-based subsea IMR provider, N-Sea Offshore Ltd is to move into new premises as business continues to grow.
Standard Drilling back in offshore rigs game
S.D. Standard Drilling is getting back into the drilling rigs game, but this time as an investor.
Cecon sells OCV ‘Micoperi Pride’
Cecon ASA has reached an agreement to sell the Micoperi Pride, formerly Cecon Pride, to the single purpose vehicle (SPV) FTAI Pride Inc, a company controlled by Fortress Investment Group. Fortress is a highly diversified investment manager with more than $60 billion under management. Cecon will hold
Semi-sub ‘Borgland Dolphin’ up for 5-year Class Renewal Survey
Bergen Group Hanøytangen AS has been awarded a Letter of Intent (LOI) from Dolphin Drilling AS for upgrades and 5-year Class Renewal Survey (CRS) on the semi-submersible drilling rig Borgland Dolphin. The scope of the LOI has an estimated revenue value of NOK 350 million ($54.93 million). The major
Millionth barrel of oil from Prirazlomnoye field
Gazprom Neft has reported that the millionth barrel of the new oil, ARCO (Arctic Oil), has been produced at the Prirazlomnoye deposit, in the Pechora Sea.
Centrica discovers gas at Pegasus West (UK)
A gas discovery has been made at the Pegasus West well, offshore UK, Atlantic Petroleum, an exploration company based in Faroe Islands, has informed.
Most popular articles of the week, September 8 – 14, 2014
VIDEO: How Auger platform escaped decommissioning Shell has launched a short movie, explaining why Auger, a tension leg platform in the U.S. Gulf of Mexico is special. BP against Scottish independence As the Scottish referendum approaches, everyone seems to have an opinion whether the Scots should
Jobs slashed across Norwegian oilfield services sector
Norwegian oilfield services sector is being hit hard by austerity measures aka ‘capital discipline’ taken by oil companies, mainly Statoil.
Paragon Offshore growing its business
Paragon Offshore plc President and Chief Executive Officer Randall D. Stilley spoke recently at the Pareto Securities Oil and Offshore Conference in Oslo, Norway. In prepared remarks, Randall D. Stilley commented on the strength of the business, steady market outlook for the standard specification j
Three Russian energy firms hit by new sanctions
It is official. The new package of sanctions by the EU against Russia has taken effect today, after the legal acts were published in the EU Official Journal on Friday. As previously reported, apart from the companies which are part of Russia’s defense sector, companies established in Russia whose ma
SMD to launch new ROV training simulator
SMD, a manufacturer of remote intervention equipment for operating in hazardous environments, has announced the release of the new advanced ROV Training Simulator.
SBM Offshore hopes to get back on Petrobras’ bidders list
SBM Offshore, a provider of floating production storage and offloading vessels, expects it will be qualified to bid for Petrobras’ projects again after October elections in Brazil, Reuters reports.