Fossil Energy
OAA 2014: Organizers expect record attendance
Organisers of the Offshore Achievement Awards are expecting another record-breaking year for attendance at next month’s ceremony, following the introduction of two brand new categories and an increased number of entries. The awards, organised and hosted by the Society of Petroleum Engineers Aberdeen
Rolls-Royce offshore ship designer wins lifetime achievement award
Sigmund Borgundvaag, a ship designer at Rolls-Royce, has won a lifetime achievement award for his contribution to the design of offshore support vessels for more than 40 years. Borgundvaag designed the very first Rolls-Royce UT Design vessel, back in 1974, a design that has influenced the industry s
Det norske finds oil at Langlitinden. Not enough for development
The volumes found so fare are insufficient to justify a field development
Hyundai Heavy delivers Bollete Dolphin drillship
Fred. Olsen Energy ASA has today taken delivery of the ultra-deepwater drillship Bolette Dolphin from South Korea’s Hyundai Heavy Industries Co., Ltd. The drillship will shortly mobilize to West Africa to start drilling operations for Anadarko Petroleum Corporation. Bolette Dolphin, designed for eff
Total finds oil at Trell prospect (Norway)
TOTAL E&P Norge AS has discovered oil at its 25/5-9 well on the “Trell” Prospect in licence PL102 F/G in the Norwegian North Sea in the Paleocene Heimdal Formation. The well intersected 19 metres of net pay in excellent quality Heimdal reservoir, in a location close to existing infrastructure. Wirel
Turkish TPAO in talks with IOCs for joint Black Sea exploration
Three international oil companies are in talks with Türkiye Petrolleri Anonim Ortakligi (TPAO) to jointly search for oil in the Turkish part of the Black Sea. According to Reuters, Besim Sisman, Deputy President and Director of the Turkish state-run TPAO said that the companies in question were Exxo
UK CAA introduces measures to boost offshore helicopter safety
The UK Civil Aviation Authority (CAA) today announced a series of measures to increase the safety of offshore helicopter flights. The changes are the result of a comprehensive review of offshore helicopter operations undertaken in conjunction with the Norwegian CAA and the European Aviation Safety A
‘Sapura Topazio’ pipelayer named in The Netherlands
Dutch IHC Merwede has named and launched the pipelaying vessel SAPURA TOPÁZIO in a ceremony at the company’s shipyard in Krimpen aan den IJssel, The Netherlands. The naming of the fully integrated IHC Merwede vessel was carried out by Puan Sri Datin Seri Yazreen Yahya, spouse of Tan Sri Dato’ Seri
Technip 4Q profit down 9.1%. Order intake on the rise
French oilfield services provider Technip has reported a drop in its fourth quarter 2013 earnings. Full year profit rose 3.6%. The company’s net profit was 134.5 million euro, a 9.1% decline when compared to the 147.9 million euro earned in the fourth quarter of 2012. For the full year 2013, net inc
DBB receives ROV from MacArtney
MacArtney has delivered a Sperre SUB-fighter 7500 ROV system for DBB ROV Services A/S, a Danish ROV contractor for offshore drill support, inspection, survey and support jobs. The new ROV is bound to join DBB’s modern fleet of underwater vehicles and is the fourth Sperre SUB-fighter system in operat
Northern Offshore 4Q profit falls
Northern Offshore, Ltd. today reported net income for the three months ended December 31, 2013, of $5.9 million, or $0.04 per diluted share, on revenues of $46.8 million. The net income for the three months ended December 31, 2013, of $5.9 million, or $0.04 per diluted share, on revenues of $46.8 mi
Able’s Seaton Port gets UK’s largest harbour crane
The largest harbour crane in the UK will be arriving at Able Seaton Port today, marking a major step forward in Able UK’s expansion of its port facilities on both the Tees and the Humber. The multi-million Leibherr LHM600SHL mobile crane is being delivered from Rostock in Germany. It has been specia
Ensco’s net income increased to $1.4 B in 2013
Ensco plc reported today that diluted earnings per share were $1.54 in fourth quarter 2013 compared to $0.94 in fourth quarter 2012. Discontinued operations primarily related to rigs and other assets no longer on the Company’s balance sheet reduced earnings by $0.02 per share in fourth quarter 2013
Able UK to scrap three platforms from Shell’s Brent field
Able UK has been awarded a contract for the disposal of four offshore structures from the Shell operated Brent field in the North Sea. The contract will see three platform topsides, as well as a 138m high steel platform jacket, transported from the Brent field over 100 miles north east of Scotland t