Fossil Energy
Rosneft, Statoil discuss joint projects implementation
Rosneft President, Chairman of the Management Board Igor Sechin held a working meeting with Statoil ASA CEO Helge Lund in Norway. The parties discussed implementation of the joint projects in Russia’s Barents Sea (Perseyevsky License Area) and the Sea of Okhotsk (Magadan-1, Lisyansky, and Kashevarov
Origin Energy hires rig for Yolla field drilling
Origin Energy Limited (Origin), as operator of the BassGas Joint Venture, today announced that Seadrill Australia Pte Ltd (Seadrill) has been contracted to provide the drilling rig for the project’s upcoming work program in Bass Strait’s Yolla gas field. The West Telesto drilling rig is expected to
WGP prepares for North Sea survey
Thalassa’s subsidiary WGP Group has received a service order to perform a survey in the North Sea. One of the Group’s PMSSTM units will be mobilised on an operated field platform survey vessel that will be converted into a seismic source vessel for the duration of the survey. Mobilisation will start
BW Offshore wins Catcher FPSO letter of award (UK)
BW Offshore has signed a Letter of Award (LOA) with Premier Oil for a FPSO to operate on the Catcher oil field in the UK North Sea.
BP names new Chief Scientist
BP has announced the appointment of Dr. Angela Strank to the position of BP Chief Scientist. She succeeds Dr. Ellen Williams, who has been nominated as Director of the Advanced Research Projects Agency – Energy, in the US Department of Energy. As Chief Scientist, Dr. Strank will be responsible for d
Songa Offshore signs $1B loan deal to pay for Cat D rigs
Songa Offshore has secured a $1 billion loan to finance construction of two semi-submersible drilling rigs. The offshore drilling contractor has announced that the documentation for the previously announced $ 1,014 million loan facilities for the financing of the first two Cat D drilling rigs, Songa
SAS launches oil industry route between Stavanger and Houston
SAS is launching services between Stavanger and Houston on August 20. This fulfils the wishes of leading players in the oil industry for better connections between Norway, and the rest of Scandinavia, and Houston, Texas. “The route we have established is a tailored product for a defined market with
Eni CEO sentenced to three years in prison
Paolo Scaroni, the Chief Executive of Italy’s largest oil company Eni, has been sentenced to three years in prison. According to La Repubblica, the court of Rovigo accepted the prosecution’s argument that Scaroni, while being the CEO of Enel, Italy’s largest electricity utility, was guilty of willfu
PSA Norway looking at early PDO inclusion
Closer follow-up in the initial stage of a project ensures fewer nonconformities and reduces the need for difficult and expensive modifications. The Petroleum Safety Authority now aims to step up such monitoring. Many decisions have to be taken when a field is being developed or substantially modifi
PSA: Gullfaks A platform needs improvements
From 3 to 7 March 2014, the Petroleum Safety Authority Norway (PSA) carried out an audit of Statoil Petroleum AS (Statoil) and Gullfaks A platform in the Norwegian part of the North Sea. The objective of the audit was to assess the company’s control and management of materials handling, the technica
New President of BP Russia appointed
BP today announced the appointment of David Campbell as President of BP Russia, reporting directly to Bob Dudley, BP Group Chief Executive. Campbell, who is currently Head of the Group Chief Executive’s Office in London, will be based in Moscow. He has 30 years’ experience in BP, in commercial, tech
Ulstein enters new market. Ocean going tugs
ULSTEIN has sold design and equipment packages for four ocean going tugs to Niigata Shipbuilding & Repair in Japan. The vessels will be built for the Dutch company ALP Maritime Services. The vessels are primarily designed for towing of large structures over long distances. This is a new market for U
SPE highlights importance of offshore risk management (UK)
Former Subsea 7 Global Insurance Director, Robert Armstrong, will present on the topic of “Contractual Risk Management from an Insurance Perspective” at a Society of Petroleum Engineers (SPE) Aberdeen event next week. Armstrong will discuss the role of insurance within the overall risk management st
‘Olympic Boa’ OCV named at Kleven yard
Kleven shipyard in Norway hosted a naming ceremony for Olympic Boa offshore construction vessel on Saturday, March 28, 2014. The vessel’s godmother was Iren Bjerkan, married to Helge Røraas, President and Chief Executive Officer at BOA marine services, who has chartered the vessel for the next thr