Fossil Energy
Trelleborg’s foam buoyancy systems for Shah Deniz
Trelleborg’s offshore operation has been awarded a substantial order for its foam buoyancy systems, for the prestigious second phase development of the Shah Deniz field offshore Azerbaijan. Contracted by oil and gas company, BP, Trelleborg will supply a buoyancy package; filled with its high tempera
Det norske makes $27M in Q2 2014
Det norske oljeselskap has reported revenues of NOK 454 (286) million ($73 million) in the second quarter, where petroleum revenues account for NOK 143 million and other revenues account for NOK 311 million, relating to gain from two asset swaps resulting in a 40% ownership in PL457. Exploration exp
Aker profit drops despite revenue growth
Aker Solutions is on track with a plan to split into two companies at the end of September, including one that will keep the current name and be comprised of the Subsea, Umbilicals, Engineering, and Maintenance, Modifications and Operations (MMO) areas. Pro forma second-quarter revenue for the new A
Van Oord’s jack-up equipped with monopile gripper frame
Temporary Works Design (TWD) has announced that the company has completed the design and assisted in the fabrication of a monopile gripper frame for Van Oord. The gripper is designed to keep the monopiles in the correct position and inclination, while counteracting the wave, wind, and current loads
RWE: Leiv Eiriksson approved for Titan drilling
RWE-DEA Norge AS has received consent to carry out exploration drilling of well 35/9-X S Atlas in Titan production licence 420 in the North Sea using the Leiv Eiriksson mobile drilling rig. Water depth at the site is around 358 metres and it is around 81 kilometres south-west of Florø. Drilling is p
Total to conduct manned underwater operations on Martin Linge
Total E&P Norge AS has received consent to conduct manned underwater operations on the Martin Linge Project. The Martin Linge field is close to the boundary with the UK sector, around 42 kilometres west of Oseberg. Water depth at the site is 100-120 metres. Scheduled start-up is 10 August 2014. The
UK Government to boost new regulator with $26M
The UK Government has announced it would contribute short term funding of $26 million (£15 million) over five years to help kickstart the establishment of a new arm’s length regulatory body in the official response to Sir Ian Wood’s review into improving efficiencies in the UK’s offshore oil and gas
AIS launches offshore survival training centre (UK)
AIS has opened a brand new £2.5m state-of-the-art offshore survival training centre on North Tyneside. The new 20,000 sq ft centre is located beside existing 120,000 sq ft training village in North Shields, comprising of 11 bespoke centres. Approved by industry bodies including OPITO (Offshore Petro
Lundin to use Bredford Dolphin at Vollgrav (Norway)
Lundin Norway AS has received consent to use the Bredford Dolphin mobile drilling rig to drill and perform production testing of exploration well 33/12-10 S in production licence 631, Vollgrav, offshore Norway. The activities are planned to start in July/August 2014 and estimated to last 55 days. Br
OMV strikes oil in Black Sea (Romania)
OMV Petrom has announced the success of an exploration well drilled in Istria XVIII offshore Perimeter (shallow water). The Marina 1 well encountered a new oil reservoir on the continental shelf of the Black Sea. “The Black Sea is an important area for OMV Petrom, an area which continues to have pot
OPITO: O&G Skills Awards launched (UK)
OIL and gas industry skills organisation OPITO is today (16th July 2014) launching a nationwide search for the shining stars that are helping raise the bar on the sector’s skills agenda. Nominations have opened for the inaugural OPITO Awards which seek to recognise employers who have engaged with UK
Aibel reaches consultancy agreement with Statoil (Norway)
Aibel has entered into a framework agreement concerning the supply of personnel to Statoil’s projects in Norway and abroad. The agreement comes in addition to Aibel’s existing framework agreements with Statoil and is valid for one year from 1 August 2014 with an option to extend for one further year
Kvaerner delivers three large projects in Q2 2014
Kvaerner has presented results for the second quarter in line with what the company has predicted. In addition, the order book has increased with new contracts and growth in existing projects. Operating revenues for the second quarter were $460 million (NOK 2 861 million), while they were $527 (NOK
Blue Water Energy invests in Unique Maritime Group
Unique Maritime Group (UMG), one of the world’s leading integrated turnkey subsea and offshore solutions provider, has announced a pivotal strategic equity investment from Blue Water Energy. Founded in 1993, UMG is a specialist in the provision of services, and the sale and rental of equipment for t