Fossil Energy
Iran denies oil deal with Russia
Iran’s Petroleum Minister Bijan Namdar Zanganeh has rebuffed rumors of any agreement with Russia to buy Iran oil, after media reports of a $20 billion trade deal
Heerema-AF JV get LoI for Murchison platform removal job
AF Decom Offshore U.K. Limited in a consortium with Heerema Marine Contractors Nederland SE, called Heerema-AF Consortium, has been awarded a Letter of Intent by CNR International (U.K) Limited, for the removal and disposal of the Murchison Platform in the North Sea. Murchison oil field straddles ac
Maersk orders four vessels from Cosco
The new vessels are expected to be delivered in 4Q2016 and 1H2017 respectively.
NCS Survey wins positioning services job with Ceona
NCS Survey, an Acteon company, has been awarded a five year contract for positioning services with SURF company, Ceona. Mobilisation has been successfully completed on the first vessel, Ceona’s DP3 multi-purpose vessel, the Normand Pacific. Following initial work in the Gulf of Mexico, NCS Survey wi
Rockhopper completes MOG takeover
Rockhopper has completed the acquisition of Mediterranean Oil & Gas plc (“MOG”), an oil and gas exploration company with assets in Italy, Malta and France. Following the completion of the transaction on August 11, Keith Henry, William Higgs, Christopher Kelsall, Sergio Morandi, Peter Jackson and Enr
Schlumberger: Sanctions on Russia to affect operational efficiency and costs
Schlumberger, one of the biggest oilfield services providers in the world, is closely monitoring the situation in Russia following the economic sanctions imposed by the USA and EU. “In the past week, both the United States and the European Union (EU) have announced economic sanctions and restriction
Eldfisk oil leak under investigation
The Petroleum Safety Authority Norway (PSA) has resolved to investigate an oil leak which occurred on the Eldfisk field in the North Sea on 7 August 2014. This incident happened early on the morning of Thursday 7 August, and led to the discharge of stabilised oil to the sea from the Eldfisk FTP fiel
Tangiers remains in trading halt
Tangiers Petroleum Limited, an Australian-based oil explorer with assets offshore Morocco in shallow water advises that the company’s securities continue to be suspended on both ASX and AIM pending the release of an announcement to the market in relation to Tangiers’ funding obligation for the TAO-1
Twin Marine, Shandong Shipping form JV company
Norway-based marine heavy lift contractor Twin Marine Heavylift AS signed a joint venture deal with China’s Shandong Shipping Corporation of Qingdao. The new JV company, Shandong Twin Marine, will own and operate the 34,000 tonne Twin Marine Lifter (TML) System, transportation vessels and associated
Offshore survival training specialist gets new CEO
Survivex, a provider offshore survival training and safety skills courses to the global energy industry, announces Andrew Green as its new Chief Executive Officer , replacing former CEO George Green, who is appointed as non-executive director. Established in 2011, Survivex has since trained over 130
Petrojarl Knarr FPSO en route to Norway (VIDEO)
The Petrojarl Knarr FPSO sailed away from the shipyard and is now sailing to Norway where it will begin its charter with a major oil company.
DNV GL to class Eversendai jack-up units
DNV GL has signed agreements for the classification of two newbuilding jack ups with dynamic positioning – Vahana Aryan and Vahana Arjun. The units have been designed for Vahana Offshore (S) Private Limited of Singapore by GustoMSC and will be constructed by Eversendai Offshore RMC FZE, Dubai at t
Norway backs EU sanctions against Russia
Norwegian government will, once it has consulted with the the Norwegian Parliament, impose economic sanction against Russia, following the guidelines introduced by the EU on July 31.
‘Sea Surfer’ PSV delivered
‘Sea Surfer’, the 10th of twelve platform supply vessels designed by Ulstein for Seatankers/Deep Sea Supply, was delivered from Zhejiang, China, on 18 July 2014. All twelve vessels carry the PX105 design. The vessels are 88.9 metres long and 19 metres in the beam and equipped with a diesel-electric