Fossil Energy
STV.TV: Pilots suspended after landing on wrong offshore platform
Two Bond Offshore pilots have been removed from the flight roster after they landed on a wrong offshore installation in the North Sea.
Saudi Aramco to spend $40B annually over next decade
Saudi Aramco, a national oil and gas company of Saudi Arabia, plans to invest $40 billion annually over the next ten years, the company’s CEO said at an industry conference. Speaking at the ONS 2014 conference in Stavanger, Norway, the company’s CEO Khalid A. Al-Falih, touched both, the bearish and
Ulstein introduces X-Bow heir: X-Stern (VIDEO)
Ulstein Group has introduces the X-STERN™, a design feature increasing operability through positive effects on station keeping, wave response, comfort and safety in harsh conditions. An X-STERN™ vessel can stay on position in harsh weather with the stern towards waves, wind and current. For vessels
Statoil hires ‘Mokul Nordic’ IRM
Nordic Maritime, an offshore service operator, today announced its newest DP2 vessel, Mokul Nordic, has been hired by Norway’s oil company Statoil.
ONS: Statoil explains why Aasta Hansteen is unique
Aasta Hansteen and Polarled are moving the boundaries for technology, deep waters and ripple effects on the Norwegian continental shelf (NCS). “Aasta Hansteen is one of the biggest and most complex industrial projects in Europe. With the Polarled pipeline we are taking the Norwegian gas infrastructu
‘Transocean Leader’ cleared for North Sea well
Statoil has received consent to carry out exploration drilling using the Transocean Leader semi-submersible drilling rig to drill well 25/8-18 S in the central North Sea, offshore Norway.
Schlumberger launches photorealistic reservoir geology service Quanta Geo
Schlumberger has launched the Quanta Geo photorealistic reservoir geology service at the Offshore Northern Seas Annual Conference and Exhibition. The new service includes the industry’s first microresistivity imager that produces oriented, photorealistic, core-like images of the formation in wells d
Aker Solutions assembles huge team for giant project: Johan Sverdrup
Norway’s Aker Solutions says it has assembled one of its biggest engineering teams ever to deliver the initial plans for the engineering and design phase of the giant North Sea Johan Sverdrup oil deposit. The company is on track to deliver the first draft report due in the fourth quarter, a projec
DNV GL to standardize certification of subsea equipment
The subsea industry is challenged by the high cost levels, complexity and low predictability of quality control requirements throughout the supply chain. DNV GL says its aim is to help address these issues through the launch of a new ‘Standard for certification of subsea equipment and components’. T
Cecon takes delivery of ‘Cecon Pride’
Cecon has taken delivery of their first vessel Cecon Pride from Davie Yards today, and the vessel is to depart for the Mediterranean at first high tide. Cecon ASA, through its subsidiary Rever Offshore AS (“Rever”) and their ship owning company Cecon Shipping 2 AS (“CS 2”), has today taken delivery
Zacks: Worst still to come for offshore drillers
The latest spate of fleet status reports – with news of low dayrates and contract terminations – provide further evidence that being an offshore driller is just not fun right now, Zacks Equity Research writes in its blog. Year-to-date, shares of major companies have significantly underperformed the
ABS to class 2nd generation Remora HiLoad system
ABS, a provider of classification services to the global offshore industry, has been selected to class the Remora HiLoad dynamic positioning (DP) BR loading unit, a second generation of the HiLoad DP system that connects to and keeps conventional tankers in position during crude oil offloading from
Harland & Wolff: New Director of Ship & Offshore Unit Repair
James Lappin has been appointed to the Board of Harland and Wolff Heavy Industries Limited as Director of Ship & Offshore Unit Repair. Lappin will have total responsibility for developing and growing the company’s business in this sector and for the successful execution of its projects. Mechanical E
Gazprom CEO, Vietnamese Ambassador talk business
Gazprom CEO Alexey Miller, and Fam Suan Shon, Ambassador of Vietnam to Russia last week met at the Gazprom headquarters in Moscow.