Fossil Energy
BP’s Iain Conn to become Centrica CEO
Centrica plc has appointed Iain Conn as Chief Executive with effect from 1 January 2015, at which point he will join the Centrica plc Board. Conn will succeed Sam Laidlaw who will retire from the Board on 31 December 2014. Conn will join from BP plc where he has been Chief Executive, Downstream, BP’
South Stream Bulgaria ESIA: No significant impact on Black Sea environment
South Stream Transport has completed the Environmental and Social Impact Assessment (ESIA) for the Bulgarian Sector of the South Stream Offshore Pipeline. The ESIA Report confirms earlier findings that construction and operation of the underwater pipeline is not expected to have a significant impact
NDM secures contract with Kleven Verft
NDM has secured a new contract with Kleven Verft to supply deck machinery for their newbuilding 379, a MPSV for Malaysian based Joint Venture Company IES Pioneer Ltd. The contract for the new vessel is of the MT 6015 MPSV design, designed by Norwegian design company MarinTeknikk, and will be outfitt
Tullow reports 1H 2014 loss
Tulloq today reported its first half 2014 sales revenue decreased 6% to $1.26 billion (1H 2013: $1.35 billion) principally as a result of a 7% decrease in sales volumes primarily relating to the 2013 disposal of Tullow Bangladesh and certain Gabon assets for which Tullow did not receive any sales vo
Vroon launches FSV ‘VOS Glory’
Vroon Offshore Services has announced that yesterday, Tuesday July 29, the launching of VOS Glory took place at Fujian Southeast Shipyard in China. VOS Glory is a 60-m field-support vessel (FSV), currently under construction at the Shipyard for Vroon Offshore Services. The vessel is the second in a
Oil & Gas UK to host event on employee health
Oil & Gas UK’s breakfast briefing on August 26 will provide an arena for discussing employee health and well-being with three speakers invited to share information about current health statistics and campaigns designed to help people improve their well-being. The event, sponsored by Petrotechnics, w
Petrofac thrilled with Shah Deniz contract
Petrofac, the international oil & gas facilities service provider, has secured a contract with the BP-operated prestigious Shah Deniz 2 project in Azerbaijan to provide their maintenance build capabilities. The contract, valued at around £5 million, covers new onshore, offshore and pipeline assets i
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40th anniversary of SPE Aberdeen. Impressive array of panelists
2014 is a very special year for SPE (Society of Petroleum Engineers) Aberdeen Section as it reaches its landmark 40th anniversary. To mark this and acknowledge the continuous efforts made by its members across the years, SPE Aberdeen will celebrate with a black-tie dinner on Thursday, 7 August, wh
Ferguson Group expands with new Dutch partner
Ferguson Group, specialists in the rental of DNV 2.7-1 / EN 12079 certified offshore containers, refrigeration/freezer modules, engineering modules and accommodation solutions to the global offshore energy industry, is expanding its European operations with a new Dutch Partner. Norsco Oilfield Servi
Heimdal use extended till 2034
Statoil Petroleum AS (Statoil) has received consent from the Petroleum Safety Authority Norway (PSA) to extend the use of Heimdal until the end of 2034. Heimdal is a gas field lying under 120 metres of water in the central North Sea. The field was originally developed using an integrated production,
BP’s second quarter profit rises
BP today announced its financial results for the second quarter of 2014. Underlying replacement cost profit for the quarter of 2014 was $3.6 billion, 34% higher than the $2.7 billion reported for the same period in 2013 and 13% higher than the $3.2 billion result for the first quarter of 2014. The c
PSA audits risk management on COSLPromoter
Between 24 June and 3 July 2014, the Petroleum Safety Authority Norway (PSA) carried out an audit of COSL Drilling Europe A/S and the company’s operations using the COSLPromoter semi-submersible drilling rig. The objective of the activity was to monitor that CDE has implemented a system to fulfil th
NPD: June oil production below expectation
The Norwegian Petroleum Directorate has announced that preliminary production figures for June 2014 indicate an average daily production of about 1 744 000 barrels of oil, NGL and condensate. This is 100 000 barrels per day (about 6 percent) more than in May 2014. Total gas sales were about 7.4 bill