Fossil Energy
Island Crown Offshore Vessel Hired by Oil Major
Norwegian offshore shipping player Island Offshore has entered into a contract with an undisclosed major oil company covering the charter of the purpose built, state of the art “Walk-to-work”, maintenance, subsea and support vessel M/V Island Crown. The contract is a seasonal charter and the main du
Rosneft, Petrovietnam to Search for Oil in Pechora Sea
Rosneft and Vietnam Oil and Gas Group (hereinafter referred to as PetroVietnam) signed Agreement on basic terms for geological survey, hydrocarbon exploration and production in the Pechora Sea. The agreement was signed by Igor Sechin, Rosneft President and Chairman of the Management Board, and Dr. D
Damen Delivers ‘World Emerald’ PSV
Damen Shipyards Group has recently delivered the fourth Platform Supply Vessel in a series of six to World Wide Supply of Norway. World Emerald is a Damen PSV 3300 CD. The first ship, World Diamond, was delivered in July. The fifth PSV ‘World Opel’, will be handed over in a few weeks and the last [&
DNV Further Improves Offshore Classification Rules
DNV’s Enhanced Classification Rules for mobile offshore units presented in May have been further improved through a process of industry consultation and feedback. The final versions of the related DNV Offshore Standards have been released and are available now. “Our aim has been to take class a new
Sir Ian Wood Calls for New Oil & Gas Regulator in UK
Sir Ian Wood, recently retried Chair of the Wood Group, a multi-national engineering services company focused on the energy sector, has published his interim report revealing the economic and energy security opportunities still available from the UK’s offshore oil and gas resources. The “UKCS Maximi
Statoil Gets Licence to Drill in Barents Sea
The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 7220/4-1, cf. in the Barents Sea. The well will be drilled from the West Hercules semi-submersible drilling rig. The drilling programme for well 7220/4-1 concerns drilling of a wildcat well in production
Ekofisk to Remain on Stream Far Longer Than Initially Planned
ConocoPhillips Skandinavia AS has received consent to use the Ekofisk 2/4 Z facility on the Ekofisk field. The Ekofisk field in the Norwegian part of the North Sea will remain in production far longer than originally planned when the field was first put into production in 1970. This has created a ne
Transocean, Carl Icahn Come to Terms
Transocean Ltd. today announced that it entered into an agreement with Carl Icahn and certain investment funds managed by Mr. Icahn (the “Icahn Group”). Under the terms of the agreement, Transocean’s Board of Directors has agreed to propose and support at the Company’s 2014 Annual General Meeting (“
Allseas to Build Vessel Larger Than ‘Pieter Schelte’
Swiss-based Allseas has decided to build a second single-lift platform installation and decommissioning vessel. The new vessel, larger than Pieter Schelte, can remove all platform topsides in the North Sea which are beyond the capability of Pieter Schelte. Besides decommissioning, the vessel is desi
GDF Suez Drills Duster Near Gjøa (Norway)
GDF SUEZ E&P Norge, operator of production licence 153, has completed the drilling of wildcat well 35/9-9. The well is dry. The well was drilled about 8 km west of the Gjøa field in the North Sea. This is the ninth exploration well in production license 153 . The license was awarded in the 12th [&he
Lundin Starts Appraisal Drilling at Luno II (Norway)
Lundin Petroleum AB has announced that drilling at the well 16/5-5 in PL410, in the Norwegian sector of the North Sea, has started. The well will target the Luno II South structure, located 9 km southeast of the Luno II discovery well 16/4-6S in PL359. The Luno II discovery is located approximately
Statoil Makes Oil Discovery at Snilehorn
Faroe Petroleum has informed of an oil discovery in well 6407/8-6 and sidetrack 6407/8-6A on the Statoil-operated Snilehorn Prospect in the Norwegian Sea (Faroe 7.5%). Highlights: The exploration well 6407/8-6 and sidetrack 6407/8-6A discover oil in the Snilehorn Prospect Main bore encountered oil c
Rederij Groen Orders Seismic Research Support Vessel from Damen
During a special contract signing ceremony at Europort 2013, Maaskant Shipyards Stellendam, part of Damen Shipyards Group signed the contract to build an additional Seismic Research Support Vessel for Rederij Groen. This latest contract follows last month’s order of two new Seismic Research Support
SBM Offshore Sells ‘SBM Installer’ to Daya
SBM Offshore has agreed to the sale of the DSCV SBM Installer, a newbuild Diving Support and Construction Vessel (DSCV), to Daya Vessels Limited, a subsidiary of Daya Offshore Construction Sdn Bhd, for US$180 million in cash. Both parties have signed a memorandum of agreement, subject to the buyer s