Fossil Energy
Damen gets ASD tug order from Scafi
Damen has reported that the company is to construct a new ASD 3212 tug for Scafi, the Italian shipping group that includes a number of international towing companies. The contract cements their already strong business relationship that goes back 20 years and represents the first Damen ASD 3212 for I
Huisman to present new crane type at OTC 2014
Huisman has announced that the company will be introducing a new patented crane type, the ‘Rope Luffing Knuckle Boom Crane’, during this year’s OTC. The first one will be installed on Subsea 7’s ‘Seven Arctic’. These new active heave compensated cranes provide unparalleled performance by combining t
Foxhol Yard launches Subsea Support Vessel
The new-build Subsea Support vessel, named MV Deep Helder, was launched at Foxhol Yard Groningen on 23rd April. The vessel will be equipped with Survey and ROV systems, an offshore crane and 3 moonpools. It will ready for operations by July this year. A total of 50 personnel can be accommodated on t
NGI, Plaxis jointly form XG Geotools
Today NGI from Norway and Plaxis from the Netherlands announce the establishment of their joint venture XG Geotools bv. XG Geotools will produce and market cloud based software tools tailored for design tasks in offshore geotechnical engineering. These tools will combine the in-depth subject knowled
Denmark offers North Sea blocks in 7th Licensing Round
The Danish Energy Agency is opening the 7th Licensing Round for interested oil and gas companies, who are invited to submit applications to the DEA for new North Sea oil and gas licences. The application period ends on 20 October 2014. The areas offered for licensing are located in the Central Grabe
Meridian Ocean Services buys two Saab Seaeye ROVs
Meridian Ocean Services has added two Saab Seaeye Lynx ROVs to its Falcon fleet to undertake a wider range of deeper inspection tasks at short notice. The company has already won a niche in the market for undertaking fast response assignments in the offshore fields of America, Trinidad and Mexico. I
PSA inspects ConocoPhillips’ Eldfisk S project
From 11 to 13 February 2014, the Petroleum Safety Authority Norway carried out an audit of ConocoPhillips and the development project for Eldfisk 2/7 S in the Norwegian North Sea. The objective of the activity was to audit ConocoPhillips’s own management system for ensuring compliance with the regul
Leni Gas and Oil decides against MOG case appeal
Leni Gas and Oil (LGO) will not appeal against the court judgement in the case against Medditerranean Oil & Gas Plc concerning a 2012 transaction of offshore blocks in Malta. Leni Gas and Oil, in a statement made today said that, “after careful consideration, the Board has decided not to petition th
PSA audits Aasta Hansteen loading systems engineering work
On 9 April 2014, the Petroleum Safety Authority Norway (PSA) carried out an audit of Statoil’s detailed engineering of offshore loading systems for the Aasta Hansteen spar platform. The objective of the audit was to verify that the loading system for Aasta Hansteen was adequately qualified and dimen
Prosafe fleet utilisation in 1Q at 76 pct
Prosafe, a Cyprus-based owner of offshore accommodation rigs, has announced that its fleet utilisation in the first quarter of 2014 was 76 per cent with eight vessels Safe Caledonia, Safe Astoria, Safe Concordia, Safe Lancia, Jasminia, Safe Hibernia, Safe Britannia and Safe Regency in full operation
TTS reports cost overruns for several projects
TTS Group ASA has identified a significant increase in cost-estimates for several projects in production. A major part of the cost overruns are related to deliveries of offshore cranes and hatches for yacht projects. TTS said that the increase in cost-estimates is caused by new information available
TGS revenues increase by 5 pct in 1Q
TGS reports net revenues of USD 222 million in Q1 2014, up 5% from USD 211 million in Q1 2013. The Company highlighted the following results: – Consolidated net revenues for the first quarter 2014 were USD 222 million, compared to USD 211 million in Q1 2013. Net late sales totaled USD 137 million, u
TGS to shoot seismic in Norwegian Barents Sea
TGS commences new 2D and 3D multi-client projects in the Norwegian Barents Sea. Both surveys will provide customers with high quality data prior to the closing of the 23rd Norwegian Licensing round. The HFCE14 is a 3,100 km2 3D multi-client survey, extending TGS’ existing multi-year 3D Hoop coverage
Cathelco supplies anti-fouling for eight PSVs built at Remontova
Cathelco has reported that the company is supplying seawater pipework anti-fouling systems for eight platform supply vessels which are being built by the Remontowa Shipbuilding yard in Gdansk. Four of the 92,65 metre PSVs are already in service for Edison Chouest Offshore, the leading American suppl