Fossil Energy
Gazprom pens biggest contract in its history
Alexey Miller, Chairman of the Company’s Management Committee and Zhou Jiping, Chairman of China National Petroleum Corporation (CNPC) yesterday signed a contract to supply pipeline gas from Russia to China via the eastern route. The parties signed the document in the presence of Russian President V
Alfa Laval wraps up Frank Mohn deal
Alfa Laval has completed the acquisition of Frank Mohn AS, following approval from competition authorities.
Ezra wins $95M in offshore services contracts
Ezra Holdings Limited, a contractor and provider of integrated offshore solutions to the oil and gas industry, has been awarded contracts around the world and across its Subsea Services and Offshore Support Services divisions totalling more than US$95 million. Ezra’s Subsea Services arm, EMAS AMC, c
Maersk Oil: Production rises in 1Q. Profit at $346M
Danish oil company Maersk Oil made a profit of $346m million in the first quarter of 2014, in line with $346 million earned in 1Q 2013. The result is positively affected by average entitlement production of 256,000 boepd ( 1Q 2013: 239,000 boepd) offset by lower average oil prices of $108 per barrel
Subsea 7 bags $460M Catcher Project contract
Subsea 7 S.A. has been awarded its largest UK EPIC services contract, valued in excess of $460 million by Premier Oil UK Limited, in support of its Catcher Area Development, located 180km east of Aberdeen in Central North Sea Block 28/9. The contract covers the provision of project management, engin
Statoil evacuates Snorre after seabed movement
Statoil has announced that the production from a subsea template at the Snorre B platform was shut down on 17 May following the discovery of an abnormal erosion of mass under the template. Over the last 24 hours, no movement has been observed in the pit at the subsea template. The area is under cont
Hejre jacket en route to its Danish North Sea location
Heerema Fabrication Group today waved goodbye to an offshore jacket from its Vlissingen facility in the Netherlands.
STATS invests in growth
Pipeline engineering company STATS Group plans to increase revenue of its testing tools and equipment rental division by 20% following an investment of more than £500,000 in new premises.
EnerMech wins its largest process services contract
Mechanical engineering group EnerMech has been awarded a contract covering TOTAL E&P UK Limited’s UK North Sea assets which could be its largest process services contract to date. The value of the five year agreement, which covers the St Fergus and Shetland gas terminals and Alwyn, Dunbar, Elgin a
Fairfield, PD&MS extend North Sea cooperation
An international engineering company PD&MS Energy has been awarded an offshore contract extension for engineering work on Fairfield Energy’s North Sea assets. Following an initial three-year contract, the options will see the Aberdeen-headquartered firm provide engineering, procurement and offshor
KGJG joins DNV GL in Marine Cybernetics acquisition
Following DNV GL’s recent acquisition of Marine Cybernetics, the Kristian Gerhard Jebsen Group (KGJG) will reinvest in order to co-develop the company. KGJG will own an increased 30% stake, with DNV GL as the majority (70%) shareholder. Over the past 6 years, the Kristian Gerhard Jebsen Group has su
Dana installs pipeline for Western Isles Project
Dana Petroleum’s gas export-import pipeline for the Western Isles Development Project has been successfully installed onto the seabed.
15th Anniversary of UK Upstream Oil and Gas Industry Technician Training Scheme
The oil and gas industry is marking Scottish Apprenticeship Week by celebrating the 15th anniversary of one of the most successful youth training schemes in the country.
Bibby Offshore expands presence across UK
Subsea installation contractor, Bibby Offshore, has announced a successful first quarter of the year for its recently opened Newcastle office. With existing premises in Aberdeen and Liverpool, Bibby Offshore is expanding its presence across the UK. Since its opening in November 2013, the Newcastle o