Fossil Energy
Atlantic Offshore waves goodbye to Ocean Searcher
Atlantic Offshore has reported that MRV Ocean Searcher has been sold.
KENC Oil & Gas moves to new premises to meet offshore industry demand
KENC Oil & Gas, specialists in the design, fabrication and supply of custom engineered equipment, will move to new, larger premises to meet growing demand from the on and offshore industries. From mid-July, KENC’s new headquarters will be at a 450m2 facility nearby the company’s existing address in
Statoil suspends Scarabeo 5 contract
Owing to overcapacity in its rig portfolio, Statoil will suspend its contract with Saipem for the rig Scarabeo 5 from the autumn of 2014, provisionally for the reminder of the year. This means that Scarabeo 5 will be laid up for a brief period. Statoil is planning to re-commission the rig after the
Eni’s new supercomputer put to work
Italian oil company Eni has put into operation its second major High Performance Computer system. The new supercomputer has an innovative approach based on the usage of accelerators to implement a so called “hybrid cluster architecture‘. It comprises 1500 IBM iDataPlex dx360 M4 nodes, built on more
Canusa-CPS clinches South Stream contract with Saipem
ShawCor Ltd. announced today that its field-applied pipeline coatings and services division, Canusa-CPS, has received a contract with a value of approximately Cdn $30 million from Saipem SpA to provide field joint coating services for Line 1 of the South Stream Offshore Pipeline. The South Stream Of
NDM acquires Shalk Engineering
Norwegian Deck Machinery AS (NDM) have entered into an agreement with the majority shareholders in Shalk Engineering to transfer their shares and to integrate their products into the NDM’s portfolio. Shalk Engineering will be re-named to Norwegian Deck Machinery Ulsteinvik AS (NDM Ulsteinvik). Sha
Songa Venus stacked in Malaysia. Mercur down on BOP issues
Songa Offshore, an international offshore drilling company, has announced its rig fleet update for June 2014. The company said that its Songa Venus semi-submersible drilling rig went off contract on 6 May 2014, and is now stacked in Labuan, Malaysia, where it pursues future work. Songa Mercur achiev
AGR secures software contract with Petronas
Global oil and gas service company based in Norway, AGR, has been awarded a software contract with Malaysian oil and gas company, PETRONAS Carigali Sdn Bhd (PCSB). Valued at over $1 million, the contract signals a three year partnership with an option to extend for a further two years between AGR an
Xcite, Aibel enter MoU for Bentley platform
Xcite Energy has entered into a Memorandum of Understanding with Aibel AS, which sets out the principles for executing the Engineering, Procurement and Construction of the Ove Arup & Partners (“Arup”) designed self-installing ACE platform selected for the Bentley field in the UK North Sea. Aibel wil
Technip clinches Edradour subsea contract
French oilfield services provider Technip has been awarded a contract by Total E&P UK for the Edradour Subsea Development, located approximately 75 kilometers North West of the Shetland Islands, in approximately 300 meters of water. Technip’s scope of work covers the fabrication and installation of
Transocean wins court case in Norway
Transocean Ltd., an international offshore drilling contractor, has announced that the District Court in Oslo, Norway yesterday ruled in a criminal case relating to criminal charges issued by Norwegian authorities against three of the Company’s subsidiaries for Norwegian tax returns filed for the ye
Aussies learn from Brits and Norwegians
In response to serious safety deficiencies identified in the offshore sector, the Maritime Unions of Australia (MUA), under the leadership of the Australian Council of Trade Unions (ACTU), has visited Norway and the United Kingdom to garner a better understanding of how each country delivers safe wo
E.ON reduces gross debt
E.ON has announced that the company has reduced its gross debt by €1 billion ($1.36 bln). E.ON reduces gross debt
Borsa Italiana welcomes Fincantieri
Italian shipbuilder Fincantieri debuts today on MTA, the main market of Borsa Italiana, Italy’s main stock exchange. Fincantieri is one of the largest shipbuilding groups in the world, operating in the design and construction of complex ships with high technological capabilities, such as merchant an