Fossil Energy
ConocoPhillips awards HVAC services contract to AFG
AF Group’s (AFG) subsidiary Mollier AS has been awarded a new framework agreement for the service, modification and maintenance of HVAC systems (Heating, Ventilation and Air Conditioning) at ConocoPhillips’s offshore installations on the Norwegian continental shelf. The agreement period is 4,5 years
Fastnet gets more time to decide on Foum Assaka drilling
Fastnet Oil & Gas has been granted approval from the government of Morocco to enter the First Extension Period of the Foum Assaka Petroleum Agreement, Offshore Morocco. The First Extension Period extends the Kosmos Energy-operated licence for the 30 months to 30 June 2016 during which there is a com
Helix to charter two well-intervention vessels from Siem Offshore
Siem Offshore Inc. will provide Helix Energy Solutions Group, Inc. with two well-intervention vessels. The two vessels will be owned by Siem Offshore and chartered by Helix for an initial period of 7 years, with options that can extend the charter periods up to 22 years. The terms for the two contra
Record breaking year for IHC Engineering Business
IHC Engineering Business has been successful in winning export orders to the value of more than £200 million ($328.06 M) over the past year. The projects are being managed from the company’s office in Stocksfield, Northumberland, with further expansion and recruitment planned for 2014. The most rece
Seaway Heavy Lifting names new COO
Peter de Bree has joined Seaway Heavy Lifting in the role of Chief Operating Officer as of 1st February 2014. Peter de Bree brings extensive experience from the Heavy Lifting industry. He worked at Heerema where he held various commercial roles, was Project Manager and on his departure in 2012 was t
Coretrax receives loan from Maven
Maven Capital Partners (Maven), a Private Equity and Alternative Asset Manager, has announced a £3.5 million Scottish Loan Fund (SLF) investment in energy services business Coretrax Technology Limited (Coretrax). Set up in 2011 by the Scottish Investment Bank, the investment arm of Scottish Enterpri
Nexen charters ERRV ‘Ocean Tay’ for Golden Eagle field
Aberdeen-based standby vessel operator Atlantic Offshore Rescue has commissioned a £6 million vessel for a long-term charter with Nexen Petroleum UK Ltd (Nexen). Thirty new jobs have been created as a result of the new vessel, Ocean Tay, a Class A Emergency Response and Rescue Vessel (ERRV), which w
Proserv buys KRG Industries
Proserv bolsters its subsea manufacturing capabilities and specialist integrated services after acquiring KRG Industries
Solstad Offshore sells two vessels
Solstad Offshore ASA has sold its “Normand Tonjer” construction support vessel and “Nor Sun” AHTS to international buyers. The Norway-based ship owned said that both vessels will be delivered to new owners during this week. The sale of the two vessels will have a positive cash effect for SOFF of app
Statoil to drill at PL 090 with Songa Trym
Statoil Petroleum AS has received consent to carry out exploration drilling of well 35/11-17 in production licence 090 in the North Sea using the Songa Trym mobile drilling rig. Drilling is planned to begin in mid-January 2014, with a duration of around 60 days, depending on whether a discovery is m
Ocean Installer to dredge at West Franklin field
ELF Exploration UK Limited, an affiliate of Total E&P UK Limited, has awarded Ocean Installer a contract for dredging services at the West Franklin field. The work scope involves excavation/dredging services at 93 metres depth to remove the top three metres of earthwork at three drilling rig footpri
Lundin drills two dry wells offshore Norway
Lundin Norway AS, operator of production licence 501, has completed drilling of wildcat wells 16/2-20 S and 16/2-20 A (Torvastad prospect) in the Norwegian part of the North Sea. According to the Norwegian Petroleum Directorate the wells are dry. The wells were drilled about 3.2 kilometres northwest
Technip, Statoil sign Asgard intervention services agreement
Technip was awarded by Statoil a substantial contract for future intervention services on the Asgard Subsea Compression Stations. For Technip, a “substantial” subsea contract is ranging from €100 to €250 million. The award is a call-off of options under the Asgard Subsea Compression Marine Operation
Peterson Den Helder extends 5 PSV contracts with Vroon
Vroon Offshore Services B.V. has informed that Peterson Den Helder B.V. has extended the contracts of all five platform-supply vessels currently on charter to the company. Consequently, Vroon’s Pool Express, VOS Base, VOS Producer, VOS Power and VOS Prominence will continue their work for the SNS Po