Fossil Energy
Tata Steel unveils enhanced steel grade for O&G industry
Tata Steel’s Speciality Steels business has unveiled an enhanced version of its existing 4145H modified alloy steel grade which combines high strength with toughness making it ideal for use in demanding downhole tool and completion equipment environments. This improved bar product grade is manufactu
WTS Energy expands in Mozambique and Serbia
WTS Energy has now increased its presence in Africa, with a new office in Mozambique. The boom in natural gas production in this part of the continent has demanded further investment from WTS Energy in Africa. With existing offices in Nigeria, Gabon and Equatorial Guinea, the new establishment in Mo
IKM Mooring Services wins mooring deal from RWE Dea Norge
IKM Mooring Services AS signed a contract with RWE Dea Norge AS for mooring services for mobile drilling units used by RWE Dea Norge AS on the Norwegian Continental Shelf. The scopes of work are mooring analysis, rig move/mooring procedures, mooring equipment rental, assistance for planning and comp
Ceona completes ‘Polar Onyx’ and ‘Normand Pacific’ outfitting
Ceona has completed final outfitting of the Polar Onyx and the Normand Pacific to begin Clients’ Projects in Brazil and the Gulf of Mexico respectively. The successful delivery of the two flexlay and subsea construction vessels marks the conclusion of the first phase of Ceona’s fleet development pro
CIS’ contract with Shell to double business turnover
Craig International Supplies has been awarded new contracts with Shell which will almost double the turnover of its business. The contracts will increase the international reach and buying power of the procurement division of Scottish family-owned energy services and shipping firm, Craig Group. The
Ulstein to build ‘CASCO Enabler’ accommodation vessel
Ulstein Sea of Solutions (USOS) has been awarded the design contract for the CASCO Enabler, a high specification DP3 800 POB monohull accommodation vessel by CASCO Offshore, a specialised accommodation subsidiary of the TMA Group. With this contract Ulstein enters into a new offshore market segment.
Atlantic Petroleum reports April production is lower than in March
Atlantic Petroleum has announced that during the month of April, Atlantic Petroleum produced a net total of 53,000 barrels of oil equivalents (boe) from the Chestnut, Ettrick and Blackbird fields. The average daily production was 1,767 boe per day net. Production was lower than in March due to minor
Statoil to use Transocean Spitsbergen on Apollo well
Statoil has received consent to carry out exploration drilling of well 7324/2-1 Apollo in production licence 615 in the Barents Sea using the Transocean Spitsbergen mobile drilling rig. Water depth at the site is approx. 430 metres. Drilling is planned to begin in May 2014, with a duration of around
Expro reaches USD 2 bln order book on 40th anniversary
Expro has announced a $2 billion order book celebrating the end of its 40th year. This milestone was achieved at the end of Expro’s 40th anniversary year, thanks to a number of contract wins, including almost $500 million in the last quarter alone. Expro attributes this success due to its market-lea
Siem Offshore reports increase of vessel revenues in Q1
Siem Offshore Inc has announced results for the first quarter of 2014. Results and Finance – First quarter 2014 operating revenue of USD 94.4 million and operating margin of USD 36.9 million (39%), an increase from USD 79.8 million and USD 19.1 million (24%) in first quarter 2013. – Revenues for Pla
Kleven’s profit at NOK 172 mln
The Kleven group delivered a strong financial performance in 2013, with an operating profit of NOK 172 million (USD 28,9 million). ‘An operating profit of NOK 172 million is a solid result in the current market situation,’ said Ståle Rasmussen, CEO of Kleven. Turnover in 2013 was NOK 4.2 billion, a
Wood Group provides SWRP with engineering support
Wood Group has delivered engineering support to the Subsea Well Response Project, a joint industry project to further improve the prevention of, and response to, subsea well-control incidents. Contracted by Shell, on behalf of the SWRP team, Wood Group Kenny led the way and drew on the expertise of
Huntington works influence Noreco’s April production
Norwegian Energy Company (Noreco) in April 2014 produced 5 246 barrels of oil equivalents per day (boepd) on average. Net realised price in April was USD 99.7 per barrel of oil equivalents (USD 110.3 per barrel of oil) after adjustments for inventory, NGL and gas prices. Production from the Huntingt
EMGS to acquire 3D EM data in North Sea
Electromagnetic Geoservices ASA (EMGS) has received a signed contract from North Energy ASA worth NOK 10 million (USD 1.7 million) for 3D EM data acquisition in the North Sea. The survey is expected to commence early May, using the vessel BOA Thalassa. BOA Thalassa is a 3D EM vessel with a capacity