Fossil Energy
New CEO at BW Group
BW Group has announced that it has appointed Carsten Mortensen as Group CEO. Current BW Group CEO Andreas Sohmen-Pao will join the BW Group Board of Directors and remain actively involved in the group, including on the board of subsidiaries BW Offshore, BW LPG and BW Pacific. BW has significantly br
Subsea 7 hires HRG for travel management services
Hogg Robinson Group (HRG) has been awarded a global travel contract for Subsea 7, one of the world’s leading global contractors in seabed-to-surface engineering, construction and services to the offshore industry.
COSL, Statoil settle dispute
China Oilfield Services Limited (COSL) announced that it has reached a settlement agreement with Statoil concerning a dispute related to stand-by fees of operating offshore drilling rigs. More specifically, the dispute was between COSL Offshore Management AS (“COM”), a Norway-based subsidiary of COS
SPT Offshore installs suction piles for L6-B platform
SPT Offshore, acting as subcontractor of Scaldis Marine Contractors, successfully installed 3 suction piles forming the foundation of SPT’s tripod substructure and minimum facilities concept utilized for the Wintershall L6-B field development. The suction piles were simultaneously installed in a rec
Det norske, Spike swap North Sea assets
Det norske oljeselskap ASA has signed an agreement with Spike Exploration to swap a 10 percent interest in licence 554/B/C containing the Garantiana oil discovery for a 20 percent interest in license 457 containing parts of the Ivar Aasen deposit, offshore Norway. Licence 457 is located adjacent and
Maersk Oil & Gas hires ‘Havila Fortune’
Havila Shipping has been awarded a contract with Maersk Oil & Gas for the PSV Havila Fortune. The contract is firm for one year commencing on 1st August 2014 and includes three optional periods each of one year. The contract includes a walk to walk system operated by a supplier. [mappress] Press R
Ithaca Energy encounters high quality sands at Stella well
Ithaca Energy Inc. has provided an operations update ahead of today’s 2014 Annual and Special Shareholders Meeting. Stella Development Drilling Update The third development well on the Stella field, well 30/06a-B1X (“B1”), has been successfully drilled to a total measured depth subsea of 16,185 feet
Unnamed oil company hires ‘Tor Viking’ AHTS
Viking Supply Ships has entered into a contract with “a major oil company” for the charter of “Tor Viking” AHTS vessel in the Far East region, starting in June 2014.
Serica acquires interest in BP’s Erskine field (UK)
Serica Energy plc has announced that it has agreed to acquire an 18% interest in UK blocks 23/26a (Area B) and 23/26b (Area B) containing the Erskine Field, located in the UK Central North Sea, from BP Exploration Operating Company Limited and Britoil Limited both wholly owned subsidiaries of BP plc
EMGS secures Norwegian Sea survey gig
Electromagnetic Geoservices ASA (EMGS) has received a signed contract from a customer worth USD 2.3 million (NOK 13.5 million) for 3D EM data acquisition in the Norwegian Sea.
Premier sells stake in PL 259 to Lundin
Premier Oil has sold its 30 per cent equity stake in licence PL359 to Lundin Norway AS for a total after tax consideration of $17.5 million, subject to Norwegian government approval.
BG sells CATS pipeline for $954M
BG Group today announced it had agreed to the sale of its equity interest in the Central Area Transmission System (CATS) gas pipeline in the UK North Sea and associated infrastructure to Antin Infrastructure Partners for total proceeds up to £562 million, or approximately $954 million at current exc
TGS starts surveying West of Shetland region
TGS has started acquisition of a new 3D multi-client survey in the West of Shetland region. The survey will cover 2,500km2 and will tie into TGS’ existing 3D library in the region, bringing the total volume of recent TGS 3D in the area to more than 17,500 km2. “TGS is pleased to announce the industr
Drilling rig arrives at Gazprom’s Pechora Sea field
The GSP Saturn drilling rig has been delivered for test drilling at the Dolginskoye field. The jack-up rig was contracted by Gazprom Neft’s subsidiary, Gazpromneft Sakhalin, which operates the Dolginskoye field on the continental shelf in the Pechora Sea. An exploration well will be drilled from the