Fossil Energy
Horizon Takes Delivery of ‘Quest Horizon’ Drillship
Horizon Survey and Geotechnical Companies (Horizon) has taken delivery of their new build DP2 Geotechnical Drillship, ‘Quest Horizon’. The 65m vessel was commissioned and designed specifically to support Horizon’s geotechnical drilling projects. The ‘Quest Horizon’ can also be utilised for survey, R
Oil & Gas UK Releases Offshore Fabricators Handbook
Oil & Gas UK yesterday Published its UK Offshore Oil and Gas Fabricators Directory, providing a showcase for British construction yards which design and build major facilities for both domestic and international energy markets. The 98-page handbook contains comprehensive and independently verified i
Petrofac Awards Derrick Lay Vessel Contracts
Petrofac, the international service provider to the oil and gas industry, confirms placement of all critical path lump-sum orders to build its new proprietary design Petrofac JSD 6000 deepwater derrick lay vessel, which will be available for construction and installation activities in early 2017.
Semco Maritime Opens New Rig Upgrade Facility (UK)
Danish offshore project and engineering company Semco Maritime has entered into a strategic partnership with Scottish Cromarty Firth Port Authority. Cromarty Firth Port Authority owns and operates Scotland’s leading marine facility for rig projects, the Invergordon Service Base, situated some 100 ki
VLCC Luxembourg to Become FPSO
Euronav NV has sold its oldest double-hulled VLCC Luxembourg (1999 – 299,150 dwt), for USD 28 million. The capital gain on that sale of about USD 6 million will be recorded at delivery. The net cash proceeds available to Euronav after the mandatory repayment of its debt obligation will be USD 5 mill
Arc Energy Delighted with FMC Technologies Approval
Gloucestershire-based Arc Energy Resources has been approved as a supplier of specialist weld overlay cladding services to FMC Technologies, a leading manufacturer of subsea systems, equipment and technologies required to explore, drill and develop offshore oil and gas fields throughout the world. T
Palfinger Marine Supplies Cranes to Archer’s Modular Drilling Rig
Archer, the global oilfield service provider, has secured a contract with Statoil for the permanent plugging and abandonment of 12 gas wells on the Heimdal field in the Norwegian North Sea. Palfinger Marine cranes will be used to support the operations. Archer has selected the German rig manufacture
Video: China, India to Boost Otherwise Slowing Energy Demand Growth, BP Says
Global energy demand continues to grow but that growth is slowing and mainly driven by emerging economies – led by China and India – according to the BP Energy Outlook 2035, published yesterday. This is the fourth annual edition of the Outlook, and for the first time it sets out BP’s view of the mos
Norway: December Oil Production Misses Target
The Norwegian Petroleum Directorate has announced that preliminary production figures for December 2013 indicate an average daily production of about 1 916 000 barrels of oil, NGL and condensate. This is 12 000 barrels per day (about 0.7 percent) more than in November 2013. Total gas sales were ab
MAN to Install HOFIM Compressor on Ivar Aasen
MAN Diesel & Turbo in Zurich was awarded a contract for a HOFIM™ compressor (High-Speed, Oil-Free, Integrated Motor). This is a significant business milestone: It is MAN’s first hermetically-sealed compressor being installed on an offshore production platform – Ivar Aasen in the North Sea, run by De
J. Lauritzen Sells Three Shuttle Tankers to KNOT
J. Lauritzen (JL) has accepted an offer to sell its fleet of three shuttle tankers to Knutsen NYK Offshore Tankers, Norway (KNOT). The deal is subject to buyers’ inspection of the three vessels and to current charterers’ approval of the transfer of ownership of the vessels. It is the intention that
Gazprom, Lukoil Talk Caspian Gas Shipments
Gazprom’s Chairman of the Management Committee Alexey Miller and Vagit Alekperov, President of LUKOIL, met on Tuesday in Moscow where they discussed cooperation between the two companies as well as joint arrangements for gas shipments from LUKOIL fields in the Northern Caspian Sea. “The parties addr
Rosneft’s Offshore Reserves on the Rise
Rosneft summed up the results of its offshore operations last year. The company received licenses for 17 new offshore blocks, namely Zapadno-Matveyevsky, Zapadno-Prinovozemelsky, Russky, Severo-Pomorsky-1, Yuzhno-Prinovozemelsky, Anisinsko-Novosibirsky, Severo-Karsky, Ust-Lensky, Ust-Oleneksky, Seve
EnerMech Names First COO
Mechanical engineering group EnerMech has appointed its first Chief Operations Officer (COO) as part of a management restructure which reflects the global nature of its business. Former Asia Pacific Regional Director, John Guy, takes up the newly created post, reporting directly to Chief Executive O