Fossil Energy
Two charters for Rem Offshore
Rem Offshore ASA has entered into a charter agreement with Micoperi Srl for the OSV vessel “Rem Pioneer”.
Viking to upgrade Topaz fleet liferafts
Marine and fire safety equipment specialist VIKING Life – Saving Equipment and Topaz Energy and Marine, an offshore support vessel company, today jointly announced the signing of a USD multi-million, 10-year combined fixed price and exchange service agreement for liferafts. Under the terms of the co
Ex-BP man joins Tullow as non-exec director
Tullow Oil plc has appointed Dr. Michael Daly as a non-executive Director with effect from 1 June 2014. Daly joins Tullow with extensive oil & gas experience following a successful 28 year career at BP. Most recently, he was Executive Vice President Exploration, and a member of BP’s Group Executive
Statoil hires EMGS for Norwegian Sea survey
EMGS will acquire 3D electromagnetic data in Norwegian Sea for Norway’s oil giant Statoil.
Noreco abandons Verdande
Noreco is in the process of completing drilling of the Verdande well 6608/10-16 (PL484) in the Norwegian Sea. Although hydrocarbon shows were found in two sections, the well will now be plugged and abandoned without further testing. The main target of the well was in the Middle Jurassic. Sandstones
Deep Sea Supply buys 10 PSVs
Deep Sea Supply Plc has today entered into an agreement to acquire 10 PSVs. The total price paid for the 10 vessels including remaining CAPEX is USD 366 million, the total broker value for the vessels is USD 419 million. Deep Sea Supply will raise approximately USD 200 million through a Private Plac
Total hires Seadrill’s ‘West Jupiter’ drillship for Egina field
Seadrill Limited has secured a contract with Total Upstream Nigeria Ltd for employment of the newbuild ultra-deepwater drillship West Jupiter, in support of the EGINA ultra-deep offshore project in Nigeria.
Norway rejects Greenpeace appeal. Statoil given final Apollo nod
Norwegian authorities have today rejected an appeal from Greenpeace, thereby giving Statoil final permission to begin exploration activities on the Apollo prospect in the Barents Sea.
Det norske buys Marathon Norway for $2.1B
Det norske has entered into an agreement to acquire Marathon Norway for a cash consideration of USD 2.1 billion (NOK 12.6 billion). The cash consideration is based on a gross asset value of USD 2.7 billion and is adjusted for debt, net working capital and interest on the net purchase price. The effe
Dolphin bags seismic survey job
Norwegian seismic survey specialist Dolphin Geophysical has received a contract in the Mediterranean Sea.
Centrica begins drilling at Butch South West well
Faroe Petroleum has announced the spudding of the Centrica-operated Butch South West exploration well 8/10-6S (Faroe 15%).
Most popular articles of the week, May 26 – June 1, 2014
Petrobras to exclude SBM Offshore from FPSO bidding World’s largest FPSO supplier could miss out on Libra and Tartaruga Verde bidding in Brazil. Greenpeace vessel blocks Statoil’s rig from reaching drill site The Greenpeace ship Esperanza is blocking the arrival of Statoil’s Transocean Spitsbergen o
Total sells stake in Shah Deniz field for $1.5B
Total today signed an agreement to sell its 10% interest in the Shah Deniz field and the South Caucasus Pipeline to TPAO, the Turkish state-owned E&P company.
PSA inspects Martin Linge FSO barrier management
On 23 and 24 April 2014, the Petroleum Safety Authority Norway (PSA) carried out an audit of Total E&P Norge AS and the modification project for Martin Linge FSO.