Fossil Energy
Aibel Receives $823M Contract from Statoil
Aibel will continue as Statoil’s largest supplier of maintenance and modification services for two more years. Statoil has fulfilled an option to extend the contract with two more years. The extended contract has a total value of around NOK 5 billion (USD 823 million). Statoil has thus renewed its c
Centec Introduces UROS-CT Centralizer
Centek Group, the leading centralizer manufacturer, has introduced its UROS-CT centralizer targeted on tight casing applications in deep water wells. The UROS-CT is designed for use in tight tolerance casings where the centralizer is required to compress fully to travel between tight casing strings
PSA Norway: Well Control Incidents on the Rise
Well control incidents and barrier management were on the agenda at the annual contractor seminar organised by the Petroleum Safety Authority Norway (PSA) and held last Tuesday. “We are regrettably not seeing a positive trend in the fall in well control incidents, which is worrying”, said PSA Direct
Wintershall to Use Borgland Dolphin for Norwegian Sea Well
Wintershall Norway AS has received consent to carry out exploration drilling of well 6407/1-7 in production licence 475 in the Norwegian Sea using the Borgland Dolphin semi-submersible drilling rig. Drilling is planned to begin in November 2013, with a duration of 43 days, depending on whether a dis
Dana Makes Oil Discovery in Moray Firth (UK)
Dana Petroleum has made an oil discovery in the Moray Firth following the drilling of the Liberator exploration well. Dana drilled 13/23d-8 on the Liberator Prospect in Licence P1987 as Operator and discovered hydrocarbons in a Lower Cretaceous Captain Sandstone reservoir. Detailed evaluation of the
Harkand Charters ‘Siem Spearfish’ OSCV
Harkand has entered into a charter agreement with Siem Offshore for the Offshore Subsea Construction Vessel (OSCV) ‘Siem Spearfish’. The agreement covers a firm period of five years with three yearly options and shall commence in May 2014. The vessel will support the development of the Harkand group
Statoil Awards $492M Offshore Maintenance Job to Aker Solutions
Aker Solutions ASA secured a two-year option agreement extension valued at NOK 3 billion ($492.3 million) from Statoil ASA to provide maintenance and modifications work offshore Norway. The option is part of a 2010 framework agreement to provide maintenance and modifications work on the Statoil-oper
‘Maersk Developer’ Receives High Grades from Anadarko
At the recent quarterly customer satisfaction survey Maersk Drilling’s US based ultra deepwater semi-submersible drilling rig Mærsk Developer received straight sevens for an outstanding performance. It was the second time in 2013 the rig received top scores from a customer. On 25 October Mærsk Devel
Prosafe Places Orders for Two Accommodation Rigs
Prosafe has entered into firm contracts with COSCO (Qidong) Offshore Co., Ltd. for the engineering, procurement and construction of two semi-submersible accommodation vessels, with options for four further units. The vessels will be the most advanced and flexible units for worldwide operations exc
Lime Petroleum Buys Into Two Barents Sea Blocks
Rex International Holding Limited has announced that 65 per cent indirectly owned subsidiary Lime Petroleum Norway AS (“Lime”), has received approval from the Norwegian Ministry of Petroleum and Energy for the acquisition of 10 per cent interest in each of the two offshore licences, PL 707 and PL 70
Wood Mackenzie: Russia Needs IOC Help to Refocus to Tight Oil, LNG & Arctic
Wood Mackenzie’s latest upstream analysis observes that Russia needs to re-focus investment from easier conventional onshore projects to more difficult and expensive tight oil, LNG and Arctic developments to maintain production in the longer-term. Russia accounts for 15% of global oil and gas produc
DeepOcean Receives BP Key Supplier Safety Award
DeepOcean Group Holding BV today announces that DeepOcean’s safety performance has been recognised by BP, at its annual Strategic Supplier Forum in Aberdeen. Representatives of approximately 70 companies attended the forum. DeepOcean was one of five companies selected by BP to receive an award. “Dee
Sevan Marine Keeping Fingers Crossed for Catcher FPSO Award
Sevan Marine, a Norway-based provider of cylindrical floating production units, expects stiff competition for the Catcher field FPSO contract award. The field, operated by Premier Oil, is located in the UK sector of the North sea. The tender process for the construction and operating contract for th
DOF Subsea Awarded $65M in New Contracts
DOF Subsea AS, a subsidiary of DOF ASA has been awarded several contracts, with a total value of approximately NOK 400 million ($65.5 million). In the Brazil region DOF Subsea has been awarded an RSV contract with Petrobras. The contract has a firm period of 18 months and mobilization will commence