Fossil Energy
BP Names VP of Offshore Operations in AGT Region
BP announced today the appointment of Tony Hunt as Vice President of Offshore Operations for Azerbaijan-Georgia-Turkey (AGT) Region. Hunt will assume his new role on 15 December 2013. In this role Tony will be responsible for the safe, compliant and reliable operations of all AGT region offshore ope
Bilfinger, Statoil Extend Framework Agreement
The engineering and services group Bilfinger has extended a framework agreement with its major client Statoil by an additional two years. The company will provide comprehensive maintenance services for oil and gas platforms in the North Sea and for onshore facilities on the country’s coast. The orde
Transocean Chief of Staff Resigns
Transocean Ltd, a Switzerland-based offshore drilling contractor, has announced that Ihab Toma notified the company of his resignation as Executive Vice President, Chief of Staff effective December 31, 2013. With Toma’s departure, the position of Chief of Staff will be eliminated and responsibilitie
SBM Offshore Changes Management Structure
SBM Offshore, a Dutch-based supplier of floating production units to the global offshore oil and gas industry, is changing the structure of its management. In a statement issued last night, SBM said that in order to facilitate strategic decision-making and further management efficiency it has reduce
Bridge Energy: CEO and CFO Step Down
Bridge Energy’s CEO and CFO are stepping down following the Spike Energy takeover deal. Bridge, the AIM listed oil and gas exploration and production company announces that Tom Reynolds and Jim Brunton have today resigned their respective positions as Chief Executive Officer and Chief Financial Offi
Trading in Desire’s Shares to Be Suspended Tomorrow
FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands noted Desire Petroleum’s announcement today that following application by Desire to the London Stock Exchange, trading in Desire shares will be suspended at 7:30 a.m. on 5 D
Seadrill Partners Raising Cash for Rig Acquisitions
Seadrill Partners LLC announced today that it priced its offering of 11,200,000 common units representing liability company interests in a public offering at a price of $29.50 per common unit. The Company has granted the underwriters a 30-day option to purchase up to an additional 1,680,000 common u
Polarcus Prepares for 28th UK Licensing Round with New Seismic Survey
Polarcus Limited announces the imminent commencement of a new multi-client program in the UK North Sea comprising two high density 3D broadband surveys. The program, supported by industry funding, will be acquired by Polarcus Naila vessel utilizing the Company’s RIGHTBAND(TM) geophysical approach
Pulse Names Manager for Newly Opened Bergen Office
Pulse Structural Monitoring, an Acteon company, has appointed Eivind Vethe as business development manager in Norway. His appointment coincides with the opening of a new Bergen office to extend Pulse’s presence in the Norwegian market and enable the company to offer enhanced local support. Based in
EMGS, OMV Signs Barents Sea 3D EM Deal
Electromagnetic Geoservices ASA (EMGS) has signed a data licensing agreement with OMV Norge AS worth around USD 4 million for the provision of 3D EM data from EMGS’s multi-client data library in the Hoop area in the Barents Sea. In addition, the agreement contains an uplift model whereby EMGS will
Parkmead Awarded Five Blocks in Southern North Sea
Parkmead been provisionally awarded five additional UK blocks, through two new licences, in the second tranche of awards under the UKCS 27th Licensing Round, the results of which have been announced by the Energy Minister. This newly awarded territory is all operated by Parkmead and is situated in t
Piriou Receives Order for Two FPSVs
French shipbuilder Piriou has received an order from Suisse Outremer to deliver two Fast Passenger & Supply vessels (FPSV). The 53m long vessels, to be named the “Kathrin T” and the “Karol W”, are expected to be delivered in May and September 2014. Upon delivery, the vessels used for transporting of
Claxton Celebrates Decade Since First Rigless Well Abandonment
Claxton Engineering Services Ltd, a member of the Acteon Group’s risers, conductors and flowlines business, has celebrated the 10th anniversary of its success with the world’s first rigless platform well abandonment and continues to set new standards in engineering innovation. In the 10 years since
Triton FPSO Catches Fire (UK)
A small fire occurred yesterday on board a Dana Petroleum-operated FPSO, moored in the UK North Sea. In an e-mail sent to Offshore Energy Today, Dana Petroleum confirmed that there was a minor incident on its Triton Floating, Production, Storage and Offloading vessel (FPSO) in the UK North Sea Mon