Fossil Energy
Lloyd’s Register to provide risk assessments for Johan Sverdrup
Lloyd’s Register Consulting has been awarded a substantial contract with Aker Solutions to deliver a suite of risk analyses at the Johan Sverdrup field on the Norwegian continental shelf
Songa Offshore earnings in North Sea affected by bad weather in February
Songa Offshore, an international offshore drilling company, has released its monthly rig fleet update for February 2014. Songa Venus achieved an operational efficiency of 100% and an earnings efficiency of 98% during the month working for Mubadala Petroleum in Malaysia. Songa Mercur achieved an oper
RWE Dea Norge gets drilling permit for well 35/9-11 S/A
The Norwegian Petroleum Directorate has granted RWE Dea Norge a drilling permit for well 35/9-11 in the Norwegian part of the North Sea. Well 35/9-11 S/A will be drilled from the Leiv Eiriksson semi submersible drilling rig, after drilling is completed on wildcat well 25/5-9 for Total E&P Norge AS i
VNG makes oil and gas discovery at Pil prospect (Norway)
Rocksource ASA has announced an oil and gas discovery in the VNG-operated Pil prospect in PL 586 in the Norwegian Sea. Rocksource’s preliminary volumetric estimates indicate recoverable resources above the estimated pre-drill range of 20-50 million barrels of oil equivalent. CEO Chris Spencer said:
BOURBON makes $158M in 2013
BOURBON announced full year 2013 financial results with net income up 174% to $158 million increased operating margin and capital gains generated $790 million EBITDA, up 41.7% compared to 2012. “EBITDAR (before capital gains) as a percent of revenues (operating margin) increased by more than 2 point
Talisman Sinopec to use ‘Archer Emerald’ modular rig on UKCS
Archer, a global supplier of drilling and well services, has secured a contract for the provision of drilling services with Talisman Sinopec Energy UK Limited.This contract marks the first operation using the Archer Emerald modular rig on the U.K. continental shelf. The Archer Emerald is currently o
Importance of technology for N. Sea future highlighted at ITF event
Leading industry figures speaking at the ITF Technology Showcase today highlighted the importance of technology to the future of the North Sea. The industry and government body PILOT set up a working group to develop a roadmap to develop actions in support of technology development. This working gro
Wärtsilä’s BWMS certified for hazardous onboard areas
Wärtsilä AQUARIUS UV Ballast Water Management System (BWMS) has successfully completed verification testing for explosion proof (EX) requirements.
ABS to class new OCVs for Edison Chouest Offshore
ABS has been selected by Edison Chouest Offshore and Island Offshore through the company Island Ventures II LLC to class two next-generation offshore construction vessels (OCVs). The ULSTEIN SX165 design vessels, ordered through Island Ventures II LLC, will be built at Ulstein Verft in Norway and Ed
MMT hires ‘Stril Explorer’
MMT has signed a long term charter contract for M/V Stril Explorer vessel, operated by Simon Mökster Shipping AS.
PSA Norway: Everyone wants to head for the far north
The PSA is putting on its gloves, zipping up its jacket and gearing up for the year to come.
Subsea 7 4Q profit slides 52 pct
Offshore oilfield services provider Subsea 7 today reported a 52 per cent fall in its fourth quarter of 2013.
Glacier Energy buys Professional Testing Services (UK)
Glacier Energy Services confirmed its fifth acquisition with the multi-million pound purchase of Professional Testing Services (PTS), the provider of non-destructive testing and inspection services to the oil and gas and offshore renewable sectors. Headquartered in Aberdeen, Glacier’s Offshore divis
Lundin receives approval for Barent Sea well
The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for the 7120/1-4 S well in the Barents Sea. The well 7120/1-4 S will be drilled by the Island Innovator drilling rig, The drilling programme for well 7120/1-4 S relates to drilling of an appraisal well in production l