Fossil Energy
DNV GL CEO honored with Lifetime Achievement Award (UK)
DNV GL Group President and Chief Executive Officer Henrik O. Madsen received the coveted Lifetime Achievement Award at the Seatrade Awards in London this week. Recognised for his ‘inspirational leadership’ Henrik O. Madsen was presented the award in the presence of HRH The Princess Royal, together w
MOG: Medoilgas Italia’s Ombrina Mare appeal rejected
The Board of Mediterranean Oil & Gas Plc announces that, following the tribunal hearing held on 9 January 2014 in Rome, the Lazio Regional Administrative Court has rejected the appeal filed by Medoilgas Italia S.p.A, a wholly owned subsidiary of MOG. This appeal was aimed at obtaining an annulment o
Report: $41 billion in oil & gas deals in 1Q 2014
PLS Inc., a leading Houston-based research, transaction and advisory firm, in conjunction with its international partner Derrick Petroleum Services, reports that global upstream oil and gas M&A activity for Q1 2014 totaled $40.7 billion spread across 192 transactions (including 133 with deal value d
McDermott secures spoolbase in Hartlepool for North Sea projects
McDermott International, Inc. has signed an option agreement with PD Ports which gives it the exclusive right to operate a spoolbase to serve projects in the North Sea. McDermott expects to have the facility available for projects in early 2015. Located in Hartlepool, in northeast United Kingdom, th
Schlumberger 1Q revenue rises to $11.24B
Schlumberger Limited today reported first-quarter 2014 revenue from continuing operations of $11.24 billion versus $11.91 billion in the fourth quarter of 2013, and $10.57 billion in the first quarter of 2013. Income from continuing operations attributable to Schlumberger, excluding charges and cred
Airborne Oil & Gas wins flexible risers contract
Airborne Oil & Gas has secured an order for multiple flexible risers and jumpers from OneSubsea™. Applying the Thermoplastic Composite Pipe (TCP) concept, the flexible risers and jumpers will be used for acid stimulation, injecting stimulation fluids into subsea wells. The smooth bore TCP concept is
Delek, partners bid to supply Leviathan gas to Cyprus
On April 14, 2014, a proposal was submitted by Delek Group’s gas partnerships for the supply of natural gas through pipeline from the Leviathan reservoir in a tender published by the Government of Cyprus through the Government gas company – DEFA. The tender is for the supply of natural gas to Cyprus
Providence to start 2D seismic survey in Newgrange licence
Providence Resources P.l.c., the Irish oil and gas exploration and development company has provided an update on Licensing Option 11/11 (“Newgrange”), offshore Ireland. Providence Resources (80%, Operator) and Sosina Exploration (20%) were awarded Newgrange as part of the 2011 Irish Atlantic Margin
Noble Corp CEO optimistic operators will start spending more on drilling
Noble Corporation plc today reported first quarter 2014 net income of $256 million, or $0.99 per diluted share, compared to $174 million, or $0.68 per diluted share, for the fourth quarter 2013. Results for the fourth quarter of 2013 included an after-tax charge of $36 million, or $0.14 per diluted
Statoil’s Gudrun documentary
Norwegian oil giant Statoil began producing oil from its Gudrun field in the Norwegian North Sea on April 7,2014.
Maritime Training Centre (MTC) Amsterdam opens for business
After MAAP in the Philippines and Jaheziya in Abu Dhabi, MTC Amsterdam is the third center to become accredited with the support of MTC International. MTC International globally supports safety training centers and their clients, mainly active in offshore, shipping and renewable energy. Centers prof
InterMoor gets new general manager (UK)
InterMoor has announced the appointment of Duncan Cuthill as general manager of InterMoor Marine Services Ltd in the UK. Duncan Cuthill will report directly to Alan Duncan, managing director of InterMoor, and will be responsible for InterMoor Marine Services in the UK and Mediterranean regions. Cuth
SeaEnergy set to reorganize business structure
SeaEnergy PLC, the innovation-led offshore energy services business, has announced a reorganisation focused on optimising the development of its fast-growing R2S division and boosting operational synergies within the Group. The reorganisation has four main elements: – R2S’s Business Development Dire
Ulstein launches ‘Island Performer’
Ulstein Group has announced that the “Island Performer” SCV has been launched yesterday afternoon at their Ulstein Verft yard. The Company has informed through the social media that the outfitting and testing of the vessel is now scheduled and will be carried out before the delivery to its owner, Is