Fossil Energy
Solstad sells AHTS
Norwegian offshore support vessel owner Solstad Offshore has sold an Anchor Handling Tug Supply vessel. The vessel in question is the «Nor Supporter» built in 2005. The vessel was delivered to its new owner 13th June 2014. Solstad said that the sale will have limited accounting effect but will have
WGP completes mobilisation for PRM survey over Statoil’s Snorre field
The Board of Thalassa has announced that WGP Group has completed mobilisation for the first 2014 permanent reservoir monitoring survey over the Snorre field in the North Sea. The first good shot point has been achieved and production is underway. Statoil’s D-PMSSTM unit has been mobilised on the M/V
NPD completes Norwegian Sea shallow boreholes drilling
On 9 June, The Norwegian Petroleum Directorate completed the drilling of shallow boreholes in the western Norwegian Sea.
LOC names new Group Director, Shipping Services
Andrew Squire, Chief Executive of London Offshore Consultants welcomed Captain Nick Haslam to the newly created Board position of Group Director, Shipping Services. “Nick’s crucial new global role will involve working closely with the four regional directors in developing shipping services within th
Xcite Energy raises cash to fund Bentley development
Xcite Energy has announced the successful placing of US$140 million through the placing of senior secured bonds (the “Bonds”) issued by its 100% UK subsidiary Xcite Energy Resources Limited ( “XER”) and a private placement of shares in the Company (the “Shares”) to new investors. The net proceeds fr
Sterling: Breagh A07 well results exceed expectations
Sterling Resources Ltd. has announced that fracture stimulation and production testing of Breagh well A07, in the southern sector of the UK North Sea, have been successfully completed. After several days of flowing the well to clean it up, the well was production tested at a stabilized rate of 32 mi
Most popular articles of the week, June 9 – 15, 2014
Most popular articles of the week, June 9 – 15, 2014
FSG delivers Amazon Warrior seismic vessel
Flensburger-Schiffbau-Gesellschaft (FSG) recently marked the start of a new era by successfully handing over AMAZON WARRIOR to its customer WesternGeco. “In the specialised shipbuilding sector, this is the most important ship we have built in the past 20 years. She has opened a door for us into a ma
Kashagan not getting back on line in 2014
Following the start of production from the Kashagan field on 11 September 2013, the operations had to be stopped on 24 September, due to a gas leak in the onshore section of the gas pipeline running from D Island to the onshore processing facility “Bolashak”. The Department of Emergency Situations a
Tidewater buys two under-construction PSVs
Troms Offshore Supply AS, a wholly-owned subsidiary of Tidewater Inc., has informed that Tidewater has entered into agreements to purchase two PSV Vard 08 vessels under construction, hulls no 791 and 792 at the Vard Vung Tau yard in Vietnam. The vessels have a length overall of 81,70m and a breadth
DeepOcean trains engineers for subsea industry career
DeepOcean UK, a subsidiary of DeepOcean Group Holding BV, has announced the continuation of their successful conversion programme for Subsea Project Engineers, with a further intake in October 2014. In 2013, to support their recruitment strategy, DeepOcean UK identified an opportunity to attract hig
West Linus rig gets approval to operate in Norway
The jack-up rig West Linus has received the Petroleum Safety Authority Norway’s Acknowledgement of Compliance (AoC). An Acknowledgement of Compliance (AoC) is a statement from the PSA indicating that a mobile facility is considered to be in compliance with relevant requirements in the petroleum acti
CAN Group secures major contract renewals
CAN Group has secured two major contract renewals, totalling approximately £200million, following competitive re-tendering. These two contracts, coupled with an increase in business, will lead to the safe-guarding of 150 jobs. The Aberdeen headquartered business has been awarded a five year contract
DNV GL to inspect Eni’s Goliat platform
Eni Norge AS has awarded DNV GL a framework agreement for the supply of inspection services to the Goliat platform in the Barents Sea. The term of the contract is three years, with an option for a two-year extension. The assignment consists of planning and carrying out inspections of static equipmen