Fossil Energy
Wood Review: UK’s oil industry needs strong, independent regulator
The British economy could receive a potential £200 billion boost over the next 20 years, through the recovery of an additional 3-4 billion barrels of North Sea oil and gas.
Statoil extends charter for Havila duo
Statoil has declared one year (last) option for the AHTS vessel Havila Mars for the period from June 2014 until June 2015. Statoil also continues to charter the PSV Havila Clipper. Now for a firm period of 3 months starting in March with three monthly options from June. Both vessels have been workin
Ulstein secures two PSV orders
Ulstein has received shipbuilding contracts for two new platform supply vessels (PSVs) for Blue Ship Invest. The vessels are of the PX121 design and are scheduled for delivery from Ulstein Verft Q1 2015. Ulstein Verft has currently seven vessels on order. In total, Ulstein has sold 20 designs of the
Tideland names new UK and Ireland sales manager
Tideland Signal has selected Rick Wrench (39) Sales Manager for its range of aids to marine navigation in the UK and Ireland.
‘Normand Commander’ gets contract extension with Technip
Global Industries Offshore L.L.C, a company owned by Technip, has exercised their option to extend the contract for the construction vessel “Normand Commander” with one year from June 2014. Technip has option to extend the contract with further 1 year option after expiry of the firm contract. The ve
Half a billion worth of contracts for Saipem
Italy’s Saipem has won new Engineering & Construction offshore contracts in Indonesia and in the Republic of Congo
Providence to start largest 3D seismic survey offshore Ireland
Providence Resources P.l.c. has announced a major new 3D seismic programme, which is planned to be acquired by Polarcus, subject to statutory assessment, in the southern Porcupine Basin, offshore south-west Ireland. This non-exclusive multi-client survey, which is planned to commence this summer, wi
IOG sells Blythe field gas to BP
Independent Oil and Gas plc has entered into a gas sales agreement with BP Gas Marketing Ltd, a wholly owned subsidiary of BP plc, for its 50% share of the gas produced from the forthcoming Blythe gas field development in the Southern North Sea. Blythe gas is expected to be sold at Bacton on a day [
Most popular news of the week, Feb 17 – 23, 2014
Check out the most popular articles of the week, February 17-23, 2014.
Teekay buys ALP. Orders four newbuilds
Teekay Offshore Partners L.P. has agreed to acquire ALP Maritime Services B.V. (ALP), a Netherlands-based provider of long-haul ocean towage and offshore installation services to the global offshore oil and gas industry. ALP currently provides these services through a fleet of third-party owned vess
Adriatic notifies Elixir: Sunset Project relinquished
Elixir Petroleum Limited has been notified by Adriatic Oil Pic, as 80% Working Interest holder and operator of the Sunset Project, that it has concluded the technical evaluation of the project pursuant to the terms of the farm-out agreement entered into with Elixir on 3 September, 2013. The evaluati
SSP hires Sundt as financial advisor and vessel broker
SSP Offshore Inc. has announced that it has entered into an agreement with Sundt Offshore AS of Oslo, Norway as its exclusive financial advisor and vessel broker. Sundt Offshore AS is a boutique second-generation brokerage and financial advisor focused on the offshore maritime space. Sundt Offshore
Sun European Partners’ affiliate buys ADTI
Sun European Partners, LLP has announced that one of its affiliates has acquired Applied Drilling Technology International Limited, an offshore integrated turnkey and project management business focused on well design, construction and completion services primarily in the UK North Sea. The business
Oil & Gas UK welcomes CAA’s offshore helicopter safety measures
Oil & Gas UK has welcomed yesterday’s publication of the CAA safety review of offshore public transport helicopter operations in support of the recovery of oil and gas. Robert Paterson, Oil & Gas UK’s health, safety & employment issues director, said: “This comprehensive analysis of North Sea helico