Fossil Energy
Workers stuck on North Sea rig due to helicopter leak
A crew consisting of 18 oil workers has been left stranded on a North Sea Ensco 102 rig when discovered that the helicopter, that was supposed to fly them home, is leaking fluid. The problem with the Airbus EC225, that was supposed to take the workers home, was discovered when the rig workers lined
Second O&G safety survey from Litre Meter
Litre Meter has launched the second in a series of oil and gas industry safety surveys that will be introduced throughout 2014. The survey is designed to enable manufacturers and resellers to test assertions about functionality and construction and quality of manufacture. The new survey concentrates
Equistone offloads PD&MS to Inflexion
Equistone Partners Europe has exited PD&MS, the fast-growing specialist provider of Engineering, Procurement and Construction (EPC) services for the global oil and gas industry, in a secondary buyout to Inflexion. The mid-market private equity firm has achieved a 2.9x return on total investment afte
PSA inspects Premier Oil’s management of Bream Project
On 29 April 2014, the Petroleum Safety Authority Norway (PSA) carried out an audit of Premier Oil’s management of the early phase of the Bream project prior to the plan for development and operation (PDO). The objective of a pre-PDO audit is to monitor that the operator’s plans and decisions in the
Vard lands PSV order from E.R. Offshore
Vard Holdings Limited, global designer and shipbuilder of offshore and specialized vessels, has secured a contract for the design and construction of one Platform Supply Vessel (PSV) for E.R. Offshore. The vessel is a multifunctional PSV of VARD 1 08 design with a total length of 81 meters, beam of
AGR: Operators should take advantage of falling rig rates
AGR, an independent well management company, is urging operators in the North Sea to capitalise on increasing availability and falling rig rates. During the company’s annual rig briefing to operators in London last week (Tuesday, 8 July 2014) delegates heard that a softening rig market means that op
Petrobras extends platform maintenance contract with Skanska
Skanska has renewed two contracts to perform maintenance services on offshore platforms for Petrobras in the area of Macae, Brazil. The combined amount of the contracts is about $87 million (BRL 192 million, about SEK 547 million), which will be included in order bookings for Skanska LA in the third
Nexen: Blackbird’s second production well tested
Atlantic Petroleum has announced that the initial production testing from the Blackbird Field second production well, 20/02a-B3, has achieved sustained rates of over 7,000 bbls/day (c. 660 bbls/day net to Atlantic Petroleum), which was constrained by surface equipment. The well is being drilled and
Ezion secures North Sea service rig charter deal
The Board of Directors of Ezion Holdings Limited has announced that it has secured a contract with an approximate value of USD 122.6 million to provide a Service Rig over a 7 year period to support the oil & gas activities of an east European based national oil major in the North Sea. The Service Ri
8over8 launches contractual risk management solution ProCon 2014
International software firm 8over8 Ltd. has announced the launch of ProCon™ 2014, the latest release of its flagship contractual risk management solution. ProCon 2014 enables owner operators of large capital projects to establish a commercial firewall against value leakage from mismanagement of unfo
FES International to deliver DBSCs for Kraken oil field
FES International has won a contract to supply 12 Diverless Bend Stiffener Connectors (DBSCs) to contractor GE Wellstream. FES International has supplied DBSCs to GE Wellstream for more than a decade. The product is one of the firm’s most successful product lines enabling the quick, efficient and sa
Kvaerner: ‘Transocean Barents’ to arrive at Stord for two month yard stay
Kvaerner has reported that the H-6e drilling rig Transocean Barents will arrive at Kvaerner’s facilities at Stord this week for a two month yard stay. The main purpose of the stay is the five year classification of the rig, as well as upgrade and modification work. When the rig arrives, it will firs
Trelleborg to showcase subsea solutions at ONS (Norway)
Trelleborg will present an extended range of subsea solutions, including its recently re-branded portfolio of thermal insulation materials and subsea seals, at the ONS Exhibition and Conference in Stavanger, Norway. Trelleborg Sealing Solutions and Trelleborg Offshore & Construction, located togethe
New managing director for EFC Group
EFC Group, a leading designer and manufacturer of instrumentation, monitoring, handling and control systems for the global oil and gas industry, has appointed Anand Puthran as its managing director, a newly created role for the company. Anand joins Electro-Flow Controls with more than 15 years’ expe