Fossil Energy
Most popular articles of the week Feb. 24 – Mar. 2
Most popular articles of the week Feb. 24 – Mar. 2
EEEGR: New guide to help local fabricators win international jobs
Some of the East of England’s leading fabricators in the energy sector will receive a major boost for the future in a new regional directory featuring their skills and specialities. The guide was drawn up by EEEGR (the East of England Energy Group) and the Department of Energy and Climate Change ove
GDF Suez to spud Byrkje well this weekend
On Friday 28 February the drilling rig Transocean Barents goes on contract for GDF SUEZ E&P Norge AS to drill the exploration well 7218/8-1 Byrkje in PL 607 in the Barents sea, offshore Norway. Transocean Barents has finished it’s operation at 7222/11-2 Langlitinden i PL 659 and will today sail towa
Oil companies work on reducing risk of major accidents (Norway)
In 2013, the Petroleum Safety Authority Norway (PSA) carried out an audit on the theme of management of major accident risks at BG, Transocean, Maersk Drilling Norge, Songa Management and Statoil Petroleum. The purpose of the audit was to investigate the basis on which the companies, whether as prin
Skansi earns new contract with Statoil
Statoil has awarded Skansi Offshore a new contract for the PSV “Sjoborg”. Skansi, a shipping company based in Tórshavn, Faroe Islands said that the contract period is 3 months firm, with 3 additional monthly options. The vessel has been on charter with Statoil since delivery in March 2012. The new c
PSA inspects COSL Drilling Europa
During the period 6 to 9 January 2014, the Petroleum Safety Authority Norway (PSA) carried out an audit of COSL Drilling Europa AS (COSL), within the disciplines of logistics and occupational health and safety. The objective of the audit was to verify compliance with the regulatory requirements and
ATR Group expands its management team
ATR Group, the global equipment specialist has announced the strengthening of its management team with three senior appointments supporting its drive to double its turnover over the coming three years. The move is part of the Aberdeen-headquartered company’s ambitious drive to grow its turnover to £
Tullow to drill N. Sea well using Borgland Dolphin rig
The Norwegian Petroleum Directorate (NPD) has issued a drilling permit to Tullow Oil Norge for the well 31/2-21 S, located in the Norwegian part of the North Sea. The well 31/2-21 S will be drilled from the Borgland Dolphin semi submersible drilling rig, following completion of the drilling of wildc
L-3 SAM Electronics to supply equipment for ‘Ceona Amazon’
L-3 SAM Electronics has been awarded a major contract to provide complete electrical packages, as well as integrated navigation, automation, communications, energy distribution and propulsion systems for Ceona Amazon, the 199-meter offshore construction and pipelaying vessel to be delivered this com
Every fourth vessel on Brazilian Continental Shelf owned by Norwegians
The Minister of Foreign Affairs of Norway, Børge Brende, met with the Norwegian business community in Rio de Janeiro on the occasion of his visit to Brazil, on 19th February 2014. Børge Brende stated that he was content to visit the country once again and meet with the Norwegian business community,
Lukoil receives $200M Loan for Shah Deniz development
The European Bank for Reconstruction and Development (EBRD) is continuing to invest in projects that will strengthen the security of energy supply in its region of operations. The EBRD is extending a senior loan of US$ 200 million to LUKOIL Overseas Shah Deniz Ltd, a wholly-owned subsidiary of LUKOI
Maersk Oil profit hurt by low oil prices and output
Danish oil company Maersk Oil reported a 58 per cent drop in its full year net profit for 2013. Last year, the company earned $1 billion, compared to $2.4 billion earned in 2012. The company said that the profit was negatively affected by lower average entitlement production of 235,000 boepd (257,00
DOF makes $21M in Q4 2013
DOF Group ASA, company that provides offshore support vessels to the international oil and gas industry Group operating income for Q4 totalled $434,4 million ($340,2 million in 4Q 2012 ). Operating profit before depreciation (EBITDA) was $137 million ($114,2 million Q4 2012). Net profit was $20,96 m
TAQA worker dies at Harding platform
TAQA has informed that one worker died in an accident aboard its Harding platform in the UK sector of the North Sea early this morning. The TAQA employee fell overboard during a maintenance activity on the platform. He was recovered from the sea by a support vessel and transferred to Gilbert Bain Ho