Fossil Energy
Lansdowne names new commercial director
Lansdowne Oil & Gas plc has announced the appointment of Richard Slape as Commercial Director of the Company, with effect from 31 March 2014. Richard Slape has over 25 years experience working in the upstream oil and gas sector, mainly in financial institutions in the City of London, including W.I.
Songa Offshore: Cat D refinancing influences 4Q results
Songa Offshore SE reports operating revenue for the fourth quarter of USD 154.3 million and an EBITDA of USD 59.8 million. Net loss for the quarter was USD 137.3 million including the recognition of an impairment charge for Songa Mercur and Songa Venus of USD 72.3 million in the quarter, and non-rec
Cosco launches Dana’s Western Isles FPSO
Dana Petroleum has recently celebrated a milestone achievement on its flagship Western Isles Development Project (WIDP) with the hull launch of the floating production, storage offloading vessel (FPSO) in China. The project achieved more than 1.5 million man hours incident-free during construction a
EMGS: Increased interest in Barents Sea 3D EM data
Electromagnetic Geoservices ASA’s (EMGS) has received industry funding for about 4 months of work in Norway. “We experience increased interest from both new and existing customers following our strong track record in the Barents Sea, as well as the results from the nominations for the 23rd licensing
Most popular news of the week Feb 10 – 16, 2014
Read the most popular news of the week. New rigs, offshore support vessels, investment decisions, FLNG, Johan Sverdrup and more
Rising costs constrain confidence in UK oil and gas industry
The Q4 2013 Oil & Gas UK Business Sentiment Index has revealed that while the industry’s optimism has continued to decline, it remains eight points above zero on the -50 to +50 index. Capturing a snapshot of the industry mood, the index measures a number of economic indicators, including changes in
Atlas unveils new brand identity
Today, Atlas Professionals, previously known as Atlas Services Group, announces its new brand positioning, building on the organisation’s long tradition of continuous development and improvement. Working at the cutting edge of specialist recruitment & HR services in the energy and marine industries,
Subsea 7 dry-docks Seven Osprey
On February 8th another offshore support vessel of the Subsea 7 fleet the 6,254 grt Seven Osprey has been drydocked at A&P Tyne and comes with an extensive scope of work. Apart from the usual underwater work there will be engine rebuilding work, thrusters overhaul and stern gear refit. There is also
Statoil awards subsea contract to DOF
DOF Subsea AS, a subsidiary of DOF ASA, has been awarded a call-off on an existing Survey Frame Agreement with Statoil Petroleum AS for 2015. The value of the contract is estimated at NOK 200 million. The call-off has a firm period of 8 months and includes seabed mapping, pipeline inspection, lay su
Statoil obtains drilling permit for wellbore 35/11-17
The Norwegian Petroleum Directorate has granted Statoil a drilling permit for wellbore 35/11-17, cf. Section 8 of the Resource Management Regulations. Wellbore 35/11-17 will be drilled from the Songa Trym semi-submersible drilling rig at position 61°03’31.22”N and 3°31’56.88”E following completion o
Norwegian EMGS receives LOI for 3D EM survey
Electromagnetic Geoservices has received a Letter of Intent for a minimum USD 8.3 million for 1,000 square kilometers sq of 3D EM data acquisition, data processing, imaging and integration for a client in North-West Africa. EMGS’ CEO Roar Baker said, “Based on growing demand from new and existing cu
Reflex Marine launches FROG-XT4 crew transfer capsule
Reflex Marine has launched its newly developed marine transfer capsule FROG-XT4. The company previously unveiled a prototype of the crew-transfer device at Offshore Europe in 2013, which attracted a number of inquiries from operators keen to strengthen their business continuity plans. The company’s
GDF Suez to drill Barents Sea well with Transocean Barents rig
The Norwegian Petroleum Directorate has granted GDF SUEZ E&P Norge AS a drilling permit for wellbore 7218/8-1, in the Barents Sea. The company will use the Transocean Barents drilling rig for the operation, following completion of the drilling of wildcat well 7222/11-1 for Det norske oljeselskap in
Farstad Shipping gets new charter contracts
Norwegian provider of large offshore vessels Farstad Shipping has been awarded several new charter contracts. The company today said that new charter contracts are worth $103.1 million, excluding options. Statoil has declared their one year option to extend the contract for the PSV Far Serenade, and