Fossil Energy
Total hires Ensco DS-8 drillship for operations in Angola
Ensco, a UK-based drilling contractor this week announced it has secured a lucrative deal for one of its drillships under construction.
Statoil gets approval to drill Barents Sea well
The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum AS a drilling permit for well 7325/1-1, in the Barents Sea. The well 7325/1-1 will be drilled from the Transocean Spitsbergen semi-submersible drilling rig at position 73°54’49.50″north and 25°06’59.70″east. The drilling program
Ireland launches Atlantic Margin licensing round
Ireland’s Minister for Natural Resources Fergus O’Dowd yesterday announced the details of the 2015 Atlantic Margin Oil and Gas Exploration Licensing Round.
Seadrill Partners announces common units offering
Seadrill Partners LLC plans to offer 6,100,000 common units representing limited liability company interests in a public offering. In addition, Seadrill Limited (“Seadrill”) has agreed to purchase directly from Seadrill Partners, in a private placement, at least $100.0 million of common units to clo
CGG, Sovcomflot in Arctic seismic survey pact
CGG, a world leader in Geoscience, and Sovcomflot, Russia’s largest energy shipping company, announced today that they have signed an agreement to form a joint venture company dedicated to conducting high-end 3D marine seismic acquisition services with a focus on Arctic and sub-Arctic waters. The jo
Ireland: New tax regime for offshore exploration and production
Ireland’s Minister for Communications, Energy and Natural Resources, Pat Rabbitte T.D. has today announced that the taxation provisions relating to petroleum exploration and production are to be revised upwards to provide for an increased financial return to the State from discoveries made under fut
Offshore workers strike averted for now (Norway)
Settlement of the offshore agreements on pay and conditions was sent to mediation when negotiations with the Norwegian Union of Energy Workers (Safe) and the Norwegian Organisation of Managers and Executives broke down in May. The two sides met at the National Mediator in Oslo on Tuesday 17 June. In
IKM pens consulting contract with BP Norway
IKM Consultants AS has won a new 5-year framework contract with BP Norway for the provision of consulting services.
Scottish energy firms eyeing Nova Scotia offshore acreage
Opportunities for Scottish energy firms to partner with the oil and gas market in Nova Scotia, Canada, will be the focus of an event supported by two of the industry’s leading professional service firms, Deloitte and Simmons & Company International Limited, in Aberdeen next week. The Honourable Prem
Caterpillar to equip Teekay’s ocean going tugs with propulsion solutions
Caterpillar Marine has announced that Cat® power and propulsion offerings have been selected to provide complete propulsion solutions for four ocean-going towing vessels designed by Ulstein Design and Solutions. Each vessel will have 4x 9 M 32 C propulsion engines, rated at 4500 bkW @ 600 rpm. Also
Qatar Petroleum has strong presence at WPC (Russia)
Qatar Petroleum, together with several of its joint ventures and subsidiaries, has a strong presence at the 21st World Petroleum Congress (WPC), which is currently ongoing in Moscow, Russia. H.E. Dr. Mohammed bin Saleh Al-Sada, Minister of Energy and Industry and Chairman of QP, delivered a speech a
Emerson leak detectors receive DNV nod
Emerson Process Management’s Rosemount Analytical GDU-Incus ultrasonic leak detector has received the highly respected Det Norske Veritas (DNV) type approval. This DNV certificate further confirms the device is suitable for use onboard marine vessels including LNG and LPG carriers, crude oil tankers
Caterpillar to present Cat Propulsion Twin Fin System at 2014 ITS
Caterpillar Marine will launch the Cat Propulsion Twin Fin System at the 2014 ITS Hamburg Conference and Exhibition, June 16th – 20th. The Cat Propulsion Twin Fin System is a new diesel-electric solution that saves on fuel and emissions, while improving overall vessel performance. The Twin Fin Syste
Havyard gets green light for Oslo listing
At its meeting on 18 June 2014, the Board of Directors of Oslo Børs resolved to admit shares in Havyard Group ASA to listing on Oslo Børs. Havyard Group ASA submitted an updated application for listing on 6 June 2014. The Board stipulated that, prior to the first day of listing, the company must sat