Fossil Energy
Bibby to Install Two Quasar ROVs onboard ‘Olympic Ares’
Bibby Remote Intervention Limited (BRIL) has secured a multi-million pound contract with Olympic Shipping to install two 150 horse-power deep water Quasar ROVs onboard the construction support vessel (CSV), Olympic Ares. The two ROVs will be installed in the purpose built ROV hangers onboard the ves
Saipem Names New Chief Financial and Compliance Officer
The Board of Saipem has approved the creation of the new senior management position of Chief Financial and Compliance Officer, bringing together oversight of the Finance, Legal & Compliance and ICT duties in order to strengthen the Company’s management structure and reiterate its current strategic f
Songa Offshore: High Operating Efficiency in November
Songa Offshore, an international offshore drilling company, has announced its rig fleet update for November 2013. Songa Venus achieved an operational efficiency of 97% and an earnings efficiency of 94% during the month working for Mubadala Petroleum in Malaysia. Songa Mercur achieved an operational
Trapoil Divests Knockinnon and Lybster Interests (UK)
Trapoil, the independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf (“UKCS”) announces, further to the announcement of 9 September 2013, that all the outstanding conditions precedent to the disposal of its interests in Knockinnon, Lybster and certai
Statoil Finds Oil in Barents Sea
Statoil ASA has together with its partners Eni Norge AS and Petoro AS made an oil and gas discovery in the Skavl prospect in PL532, close to Johan Castberg in the Barents Sea. Well 7220/7-2 S, drilled by the rig West Hercules, has proven a 22 metre gas column and a 23 m oil […]
Enegi, ABT Enter Option Agreement with WoodGroup PSN
Enegi and ABTechnology Ltd. , the owners of ABT Oil and Gashave entered into an option agreement with Wood Group PSN, the international energy services company. The Option provides Wood Group PSN with an exclusive right for a period of 90 days to conclude an agreement to expand its participation in
Top News of The Week, December 2 – 7, 2013
Top News of The Week, December 2 – 7, 2013
Damen Hands Over Another PSV to WWS
Damen Shipyards Group has delivered the fifth Platform Supply Vessel in a series of six to World Wide Supply of Norway. World Opal is a Damen PSV 3300 CD. The first ship, World Diamond, was delivered in July and the last in the series ‘World Sapphire’ is due to be delivered mid-December. Delivery of
Baker Hughes: Offshore Rig Count in November Up by 16
Baker Hughes Incorporated announced today that the international rig count for November 2013 was 1,311, down 4 from the 1,315 counted in October 2013, and up 44 from the 1,267 counted in November 2012. The international offshore rig count for November 2013 was 316, unchanged from October 2013, and u
DECC Approves Blackbird FDP Addendum
Atlantic Petroleum today announces that the UK Department of Energy and Climate Change (DECC) has advised the Blackbird Field joint venture partners that it has approved the Blackbird Field Development Plan (FDP) Addendum. The Blackbird Field is owned by Nexen Petroleum U.K. Limited (Operator) 73.02
Aibel to Connect Kristin Platform to Polarled Pipeline
Aibel is to carry out modifications to Kristin valued at NOK 200 million (USD 32.4 million). The task is to connect the platform to the new Polarled pipeline. The contract has been awarded as a part of the framework agreement Aibel has with Statoil on maintenance and modifications to Kristin. “This
Lundin to Use Bredford Dolphin Rig for North Sea Well
Lundin Petroleum has been given permission by the Petroleum Safety Authority Norway to use the Bredford Dolphin rig in PL 501. The company will use the Bredford Dolphin semi-submersible drilling rig to drill and perform production testing of wildcat well 16/3-8 S in production licence 501 (Johan Sve
Hibiscus Expands Licence Portfolio in Norway
Hibiscus Petroleum has announced that its jointly-controlled entity, Lime Petroleum Norway AS (Lime Norway), has on 3 December 2013, signed an additional agreement with North Energy ASA (North Energy) to acquire a 20% stake in a new licence, PL 509, in Norway. The transfer of the 20% stake is pendin
GC Rieber Shipping Delays Seismic Vessel Decision
GC Rieber Shipping ASA has extended the option to order a 3D seismic vessel from Kleven Maritime AS until the end of January 2014. Reference is made to the stock exchange announcements dated 13 February 2013 and 2 September 2013, regarding an agreement between GC Rieber Shipping ASA and Kleven Marit