Fossil Energy
SPX to Supply Pumps for Enquest’s Kraken Development
SPX Corporation has received a $22 million contract to supply oil well production pumps for the Enquest-operated Kraken field in the North Sea. The pumps will be utilized for key artificial lift service on the oil field project. Specifically, the new order is for fifteen ClydeUnion-branded Hydraulic
Lundin Receives Approval for 16/2-20 Well
The Norwegian Petroleum Directorate (NPD) has issued Lundin Norway AS a drilling permit for the 16/2-20 A well in the North Sea. The Well 16/2-20 A will be drilled from the Island Innovator drilling facility at position 58°56’30.84’’ north and 02°25’18.62’’ east in production licence 501. The drilli
BP Hires ‘Safe Caledonia’ Accommodation Rig for ETAP Project
Prosafe has signed a contract with BP Exploration Operating Company Limited (‘BP’) for the Safe Caledonia to provide accommodation support at the Eastern Trough Area Project (ETAP) in the UK sector of the North Sea. ETAP is located 240km east of Aberdeen in the Central North Sea. It is an integrated
Fugro Extends CSV Southern Ocean Charter Contract
Oceanteam Shipping ASA (OTS) confirms the extension of the bareboat charter with Fugro TS Marine Australia for the CSV Southern Ocean until the end of 2018. The extension of the bareboat charter will further strengthen Oceanteam’s contract backlog and secure future earnings. The original charter was
Profitable 3Q for BW Offshore
BW Offshore, an Oslo-based provider of floating production units, has reported that its net profit for 3Q 2013 was $18.0 million, compared with net loss of $57.5 million recorded in the same period od 2012. Operating revenues for Q3 2013 amounted to USD 238.4 million, compared to USD 255.1 million i
Noble Corporation Moves to UK
Noble Corporation announced that it completed the change in the place of incorporation of its publicly traded parent company from Switzerland to the United Kingdom on November 20, 2013. Noble is a leading offshore drilling contractor for the oil and gas industry. Noble performs, through its subsidia
Two Subsea 7 Vessels Arrive at A&P Yard for Repairs
A&P North East has announce that the Subsea7 vessel’s Acergy Discovery and Rockwater 1 will be dry docked at the Tyne facility in November and December. For the Acergy Discovery the main scope of work covers thruster overhaul and general maintenance. The Rockwater 1 scope of work covers Thruster ove
Statoil Evaluating Njord A Options. Thinking of Building New Platform
Faroe Petroleum today announced that Njord field partnership is, among other things, thinking of constructing a new platform, to replace Njord A. As previously announced on 26 September 2013, the Njord operator Statoil has been carrying out a detailed analysis of the platform’s structural integrity.
First Gas Flows from Jasmine Field (UK)
BG Group today announced first gas production from the Jasmine field in the UK North Sea, in which the company has a 30.5% interest. The successful start-up of the field marks the delivery of another of the Group’s key milestones for 2013. Once on plateau, Jasmine is expected to contribute around 30
Ensco Orders $285 Mln Jack-Up Rig from Keppel
Ensco plc is extending its ENSCO 120 Series of ultra-premium harsh environment jackup rigs with the order of ENSCO 123 for delivery in second quarter 2016. The rig will be built under a fixed-price shipyard construction contract with Keppel FELS Limited in Singapore. Including commissioning, systems
BP Makes Deepwater Horizon Response Data Available to Public
BP says that access to data from the Deepwater Horizon Response and environmental assessment will lead to a better understanding of the condition of the Gulf BP has announced it is launching an effort to make a vast quantity of environmental data collected from the Gulf of Mexico publicly available
RGU to Open International Institute for Oil and Gas in Aberdeen
Robert Gordon University (RGU) in Aberdeen is establishing an International Institute for Oil and Gas, as part of the university’s strategy to build on its achievements in this sector and to develop its reputation as a global leader in oil and gas-related training and high value research directly re
ACE Offshore Offers New Insurance Solution to Oil & Gas Contractors
ACE Group today announced the launch of a new insurance solution for contractors and suppliers as it expands its offering to the offshore oil and gas sector. “ACE Offshore”, which has been enhanced in response to direct feedback from companies operating in the sector, provides comprehensive protecti
Cosco Orders Cranes for Axis Offshore Accommodation Rig
China’s COSCO Qidong Offshore co has ordered two offshore cranes from TTS Group, to be installed on board a semi submersible accommodation rig. The value of the order is estimated at approximately NOK 50 million (USD 8.2 million). The accommodation rig is ordered by Axis Offshore to target the stron