Fossil Energy
KNOT Offshore buys two shuttle tankers
KNOT Offshore Partners LP has entered into agreements to acquire from Knutsen NYK Offshore Tankers AS all of the ownership interests in the companies that own and operate the shuttle tankers Hilda Knutsen and Torill Knutsen (the “Acquisitions”). The purchase price of the Hilda Knutsen is $166.0 mill
Eni sells 1% stake in Galp
Italian oil giant Eni has sold a 1% stake in Portugal’s Galp Energia. Eni S.p.A. (“Eni”) has completed the disposal through daily sales on the stock exchange of approximately 1% of the share capital of Galp Energia SGPS S.A. (“Galp”), corresponding to the residual stake subject to the right of first
Technip wins two subsea contracts in Denmark
Technip has been awarded two contracts by Maersk Oil for the Valdemar & Roar Gas Lift project as well as the Rolf Replacement Pipeline project.
TGS pens Malta seismic data deal
During a recent visit in Amsterdam, Malta’s Minister for Transport and Infrastructure, Joe Mizzi signed an agreement with TGS, an independent geophysical company and leader in the geophysical sector, for reprocessing of existing geophysical multi-client data and for marketing and licensing the repr
Norway: Supply base workers reach wage deal
Norwegian Oil & Gas and Industry Energy union have reached a settlement on wages through mediation, averting a possible strike of workers in employed in supply bases in Norway.
Apache, EnQuest to meet suppliers at PILOT Share Fair
Oil & Gas UK’s forthcoming regional PILOT Share Fair in Newcastle this week (June 27) is attracting interest from supply chain companies throughout the North of England keen to hear about the business opportunities presented by Britain’s booming oil and gas sector. The event, which takes place at Ne
Royal crown for IHC Merwede
IHC Merwede has reported that His Majesty the King has awarded the honorary title of Koninklijk (Royal) to IHC Merwede. In a special ceremony, the Mayor of Sliedrecht, van Hemmen, presented this accolade to IHC Merwede’s CEO, Bram Roelse. In light of this honour, the company has decided to change it
Vard: Contracts for two PSVs confirmed
Contracts for construction of two offshore supply vessels by Vard for Nordic American offshore become effective.
ROMAR secures three swarf handling services contracts
Aberdeenshire-based oilfield service company ROMAR International has secured three separate contracts with oil and gas operators, totalling a seven figure sum. The contracts are in line with company’s plans to achieve a 25% growth in 2014 after achieving 36% growth in 2013 when company turnover reac
Statoil to use Transocean Leader for Njord field well plugging
Statoil has received consent to use the Transocean Leader semi-submersible drilling rig for permanent plugging of well 6407/7-3 on the Njord field. Njord is an oil field in the Norwegian Sea, around 30 km west of Draugen, in approximately 330 metres of water. Njord has been developed using a steel s
ERRV ‘VOS Fabulous’ arrives in Aberdeen from China
Vroon Offshore has announced that the “VOS Fabulous” has arrived safely in Aberdeen. Vroon Offshore Services Aberdeen has welcomed the vessel “home” following her long journey from Nanjing East Star Shipyard in China. VOS Fabulous is the first to be delivered in a ten-vessel newbuilding programme, w
Hurricane Energy director resigns
Hurricane Energy plc has announced the resignation of Keith Kirby as a director of the Company. In light of this, resolution 3 relating to the re-election of Keith Kirby has been withdrawn from consideration at the Annual General Meeting to be held on 23 June 2014. Kirby departed Hurricane on 22 Jun
Lundin spins drill bit at Luno II appraisal well
Lundin Petroleum has informed that drilling of the appraisal well 16/4- 8 S on the Luno II discovery has started.
Ithaca expands producing asset base with new acquisitions
Ithaca Energy Inc. has entered into an agreement with Sumitomo Corporation to acquire interests in three non-operated UK producing oil fields for a total consideration of $170 million. The acquisition further broadens the Company’s producing asset base with high quality, long-life oil assets, delive