Fossil Energy
FES International partakes in Martin Linge development
UK oil and gas engineering firm FES International has won a US $1.2m (£700,000) contract to supply four Diverless Bend Stiffener Connectors to contractor NOV Flexibles. This is FES’ third project for NOV Flexibles this year with a combined value of almost US $5m. Diverless Bend Stiffener Connectors
Scottish marine specialist invests in subsea baskets
A leading Aberdeenshire marine equipment specialist has invested a six-figure sum in its subsea equipment in order to achieve industry standards. Motive Offshore, which was launched in 2010 by James Gregg, Dave Acton and Bob Smit, and is headquartered in Boyndie, near Banff, in Aberdeenshire, has in
Havyard thinking of bond issuance
Havyard Group ASA contemplates the issuance of a new senior unsecured bond in the Norwegian bond market with maturity in June 2017.
Fine Tubes in Egina field deal
Fine Tubes, a UK-based manufacturer and distributor of precision tubes for critical applications, has been awarded an order by FMC Technologies for the supply of advanced tubing for Total’s offshore Egina project in Nigeria. Located some 150km off the coast of Nigeria at a depth of up to 1750m, the
Largest single riser contract in Claxton’s history
Claxton, an Acteon company, has been awarded a multi-year contract with Det norske oljeselskap ASA of Norway: the largest single riser contract in Claxton’s history.
Wärtsilä sells Russian JV stake. Focuses on marine and energy power solutions
Finland’s Wärtsilä and Russia’s Transmashholding have agreed that Wärtsilä will sell its 50 per cent share in the joint venture Wärtsilä TMH Diesel Engine Company LLC to Transmashholding, the other joint venture party. The divestment of the joint venture will enable Wärtsilä to concentrate on its co
Noreco CFO hands in resignation
Ørjan Gjerde, who has been CFO at Noreco since March 2012, has handed in his resignation and will leave the company by 31 August 2014. “Under Gjerde’s leadership, Noreco has built a highly competent finance and accounting group. He has also headed the company’s investor relation activities. During t
Wood Mackenzie: FPSO a cheaper solution for Johan Castberg
Wood Mackenzie’s latest analysis of the Johan Castberg area in the Barents Sea considers the alternative development concepts under consideration by Statoil and partners Eni SpA (ENI) and Petoro AS. Wood Mackenzie says the Norwegian project could achieve an internal rate of return (IRR) of 15.9% a
‘Grampian Dynamic’ ERRV delivered to Craig Group
The Emergency Response and Rescue Vessel (ERRV), the Grampian Dynamic, was recently at Balenciaga Shipyard in Northern Spain.
Three firms enter rig services pact in Norway
The three oil service providers Bergen Group ASA, Semco Maritime and Apply Rig & Modules have entered into agreement to establish the partnership Hanøytangen Rig Services. The rig services market is growing and with a unique, integrated offering, the partnership sees potential to become a leading pr
Isle of Man seeks expressions of interest for offshore seismic survey
The Department of Economic Development of the Isle of Man is seeking expressions of interest to undertake 3D seismic studies in the Isle of Man’s territorial sea in order to provide further data on potential reserves of hydrocarbons (predominantly natural gas). This is in advance of a hydrocarbon li
Cable Solutions secures contracts from Aker Solutions and Kvaerner
Cable Solutions Worldwide Ltd, which celebrated its 10th anniversary this year and is based in Aberdeenshire’s Craigearn Business Park, has secured a frame agreement to supply electrical wire and cable to Aker Solutions ASA and Kvaerner AS facilities worldwide. Cable Solutions Worldwide Ltd, which
Dong Energy: Hejre jacket installed in North Sea (VIDEO)
292 kilometres northwest of Esbjerg, the support structure for DONG Energy’s Hejre platform is now well planted in the North Sea. Now, the first physical signs of a new platform in the North Sea are there. The 8.400-tonne steel structure, called a jacket, which is the support structure of the Hejre
JBS to distribute Wenaas equipment to UK oil & gas industry
Norway-based Wenaas, the global oil & gas industry’s leading workwear & PPE supplier, has strengthened its presence in the UK by appointing the JBS Group as its supplier for the UK oil & gas industry from Aberdeen. The announcement comes as Wenaas, the safety expert, marks the sale of its one millio