Fossil Energy
Offshore Energy 2013: Second Day Highlights (VIDEO)
The following video shows the highlights from the second day of the Offshore Energy 2013 event held in Amsterdam on 16 October. Offshore Energy is the fastest growing gathering of offshore industry professionals. The two-day event includes an exhibition where an expected 500 supply chain companies s
Securing Our Energy Future Highlighted at Offshore Energy 2013
On 15 & 16 October 2013 the 6th Offshore Energy Exhibition & Conference was held in Amsterdam RAI. The two-day event was attended by 9,123 international visitors, an increase of 20% compared to last year. Official opening: The state of the world By the push on the button of KoColijn, Sander Vergroes
Regal: Rotor Motors Help Stabilise Offshore Operations
A new era in offshore working has begun, with the launch this month of Barge-Master: a unique invention of motion-compensation platforms to be used on board of flat top barges and supply vessels. The platforms prove a stable base for cargo during vessel to platform transfers. They can also be used a
Cairn to Explore the Atlantic Margin
Cairn Energy PLC is today issuing its Interim Management Statement in accordance with the reporting requirements of the EU Transparency Directive. Simon Thomson, Chief Executive, Cairn Energy PLC said: “Cairn has built a strategic position along the frontier basins of the Atlantic Margin, including
Statoil Awards Services Contract to Ross Offshore
Ross Offshore AS today announces contract award for drilling, well , exploration & petroleum technology services with Statoil ASA. The contract is for five years firm, with a two plus two plus one year option (10 year total). The contract will take effect 01.01.2014. The contract is given as part of
Bridge Energy to Plug and Abandon Asha East Well
Bridge Energy, the Oslo Børs and AIM listed oil and gas exploration and production company, provides an update on the current exploration drilling campaign, targeting the Amol and Asha East prospects within the PL457 licence. Further to the announcement on 25th September 2013, the Company advises th
Oceana Offshore to Build Two ULSTEIN-Designed PSVs
The Brazilian shipowning company Oceana Offshore will be building two platform supply vessels (PSV) with an option for two additional vessels based on the PX105 design from ULSTEIN. The vessels will be built at the new yard, Oceana Shipyard in Itajai, Brazil, and are scheduled for delivery in April
Noble Financial Results Increase
Noble Corporation today reported third quarter 2013 earnings of $282 million, or $1.10 per diluted share. Results for the quarter included the sale of the jack-up rig Noble Lewis Dugger, which closed in July, a settlement relating to the 2010 acquisition of Frontier Drilling and an impairment charge
Transocean Contracts Value Reaches USD 2 Bln
Transocean Ltd. today issued a comprehensive Fleet Status Report which provides the current status and contract information for the company’s entire fleet of offshore drilling rigs. The total value of new contracts since the September 18, 2013 Fleet Update Summary is approximately $2.0 billion. As a
Westcon Group Names New CEO
The board of directors in Westcon Group has appointed Arne Birkeland as the new Group CEO. Arne Birkeland has held the position as deputy group CEO in Westcon Group since September 2012. He previously held executive positions in Aker Kværner and Wärtsilä. He immediately steps up as Group CEO in West
Statoil BoD Member Resigns
Børge Brende has informed that he will resign from his position as member of the board of directors in Statoil ASA with immediate effect. Brende has been appointed as Minister of Foreign Affairs in the Norwegian government. [mappress] Press Release, October 16, 2013
Government Proposes More Funds for Petroleum Activities
In the proposed national budget for 2014, the government calls for allocating a total of NOK 456.2 million to operating expenses, equipment procurement and maintenance in the Norwegian Petroleum Directorate (NPD). Operating expenses The proposal entails allocation of NOK 247.1 million to operating e
Centrica Energi to Drill in PL 405 (Norway)
The Norwegian Petroleum Directorate (NPD) has granted Centrica Energi (Norge) AS a drilling permit for well 8/10-5 S. Well 8/10 5 S will be drilled from the Maersk Giant rig at position 57°3’32.49’’north and 3°6’46.91”east. The drilling program for well 8/10-5 S relates to drilling of a wildcat well
NPD Inspects Field Development Cost Overruns (Norway)
The Norwegian Petroleum Directorate (NPD), on assignment from the Ministry of Petroleum and Energy (MPE) has reviewed five field developments on the Norwegian shelf to uncover why some developments finish in line with their estimated cost target, while others are much more expensive than planned. Th