Fossil Energy
NAO Takes Delivery of Last of Six PSVs
Nordic American Tankers (NAT) said that Nordic American Offshore (NAO) took delivery of the last of the six recently built Platform Supply Vessels (PSVs) from the Ulstein Group of Norway. NAT has 26% of the share capital in NAO. A subsidiary of NAT is the manager of NAO. The PSV vessels play an inte
South Stream Transport Inks Pipe Storage Deal with Bulgarian Ports
South Stream Transport signed an option agreement for the storage and handling of pipe segments with the Port of Varna and the Port of Burgas. The South Stream Offshore Pipeline will consist of four parallel pipelines through the Black Sea, each made up of over 75,000 pipe segments. The pipes will b
Vard Gets Order for Dive Support Vessel
Vard of Norway announced that it has secured a contract with an international customer for the design and construction of one Diving Support and Construction vessel . The vessel is of VARD 306 design, developed by Vard Design in Ålesund, Norway. The highly advanced diving support vessel will have a
Ithaca Energy: Q1 Production to Be below Full Year Range
Ithaca Energy said its total pro-forma production in 2013 was approximately 13,000 boepd, 95% oil, this reflects inclusion of full year production from the assets acquired as part of the Valiant acquisition, which completed on 19 April 2013. Average production in the fourth quarter of 2013 was appro
New Communications Chief for Rosneft
Rosneft of Russia appointed Mikhail Vladimirovich Leontyev as the Press-Secretary – Director of the Information and Advertisement Department in the rank of Vice President on January 14. He will be supervising the external communications, advertising and exhibition activities division of the company.
Norway Expects Slight Increase in Oil, Gas Production in 2014
A record number of fields are in operation on the Norwegian shelf. Discoveries in 2013 offset roughly half of what was produced in the same year, the Norwegian Petroleum Directorate said in a statement on Tuesday. An unprecedented number of wildcat wells were drilled, and the number of exploration w
Petrolia to Buy 10 Pct in Lundin’s PL 546
Petrolia Norway AS, a 100% subsidiary of Petrolia SE, has entered into an agreement with Lundin Norway AS to purchase 10% in PL 546 in the Greater Alvheim Area. PL546 is located north and adjacent to PL501 Johan Sverdrup in the Norwegian Sector of the North Sea. The transaction is pending approval f
Wood Mackenzie Sees 2014 as Key Year for Norwegian Oil & Gas Sector
Wood Mackenzie’s annual review of Norway’s upstream oil and gas industry concludes that the sector showed no signs of slowing down in 2013, with high levels of development spend, asset deals, exploration activity, and a record NKr 176 billion (US$30 billion) capital investment. Wood Mackenzie also
Wintershall Could Link Skarfjell to Gjøa Platform
Wintershall is well on track in the North Sea: the largest internationally active German crude oil and natural gas producer announces the successful drilling of the Skarfjell South appraisal well on the Norwegian Continental Shelf. The company proved oil and gas in the upper and lower Intra-Heather
Jee Managing Director Nominated for Offshore Achievement Awards
Jee Ltd, a leading independent multi-discipline subsea engineering and training firm, has received a nomination for its managing director, Trevor Jee, in the category of Inspiring Leader at the upcoming Offshore Achievement Awards. Trevor is founder and managing director of the company, which celebr
Ramboll Wins Business Prize 2013 by Esbjerg (Denmark)
Last week, Ramboll Oil & Gas was awarded the Business Prize 2013 by Esbjerg Business Development Centre. The prize is awarded to a person or an organisation who has contributed consistently and positively to the growth and prosperity of Esbjerg. Recognised for high quality and global ambitions Rambo
Ferguson Appoints Industry Experts at Aberdeen HQ
The Ferguson Group, specialists in the rental of a wide range of specialist containers and CCUs, refrigeration units, accommodation and engineering modules to the global offshore energy market, announces the appointment of key industry experts to be based at its Aberdeen headquarters. The newly appo
Vroon Gets Charter Extension for PSV ‘VOS Producer’
Vroon, a Dutch-based owner of a large fleet of offshore-support vessels, has announced that Peterson Den Helder B.V. has extended the charter of the platform-supply vessel (PSV), VOS Producer, for an additional year until Spring 2015. The VOS Producer will continue to work alongside four other Vroon
Gullfaks B Production Shut Down (Norway)
Statoil has closed oil production from the Gullfaks B platform in the North Sea after discovering a rupture in a pipe on the offshore unit. The hole was found on a pipe linked to the platform’s flaring system last night, driving Statoil to send 159 workers to the living quarters, NRK reports, citing