Fossil Energy
Dong Energy Attracts $2 Billion Investment from Goldman Sachs, Funds
The Danish State represented by the Ministry of Finance and DONG Energy A/S have reached an understanding with funds managed by the Merchant Banking Division of Goldman Sachs (Goldman Sachs) and the Danish pension funds Arbejdsmarkedets Tillægspension (ATP) and PFA Pension Forsikringsaktieselskab (P
Adria Winch Scores Hat-Trick of Orders
Croatia’s Adria Winch has, in the past month, in cooperation with Seaonics, received contracts to supply anchor-mooring equipment for three different vessels. The orders are as follows: Vard Langsten (contracted 03.09.2013. – around 400.000 €) Adria Winch with partner Seaonics won a contract to prod
Russia Charges Greenpeace Members with Piracy
Greenpeace has informed that five activists have been officially charged with piracy in Russia, over a protest against Gazprom’s Arctic offshore drilling plans. The Greenpeace members charged with piracy are Russian activist Roman Dolgov, Finnish activist Sini Saarela, and Swedish/American activist
Genel Awards Logistics Services Contract to Medserv (Malta)
Medserv successful in their bid to provide logistics and support services for the oil and gas exploration to take place in the Maltese waters.
Prosafe Secures Contract Extensions for Three Flotels
Prosafe and Elf Exploration UK Ltd have agreed an extension to the firm period for the provision of the Safe Bristolia accommodation support vessel at the Elgin-Franklin Facility in the British sector of the North Sea. The duration or the firm extension period is 61 days starting mid-October 2013. T
Wärtsilä Launches New Series of Thrusters
Wärtsilä, the marine industry’s leading solutions and services provider, introduces a new series of both steerable and transverse thrusters that will further develop the current portfolio. The new Wärtsilä Steerable Thruster series (WST) is being introduced to replace the company’s Modular Thruster
Lundin Makes New Oil Discovery in Barents Sea
Lundin Petroleum has announced the flow test rate of the previously announced Gohta discovery of approximately 4,300 barrels of oil per day (bopd). Gohta is Lundin Petroleum’s first oil discovery in the Barents Sea, offshore Norway. The well 7120/1-3 operated by Lundin Petroleum was drilled on PL492
Gibdock Completes Work on ‘Viking Vanquish’
The Viking Vanquish, a high capacity 3D seismic survey vessel operated for CGG, has undergone a 21-day programme of works at Gibraltar shipyard Gibdock. The vessel left the shipyard’s drydocks in mid-September prior to sea trials. Based in France, CGG operates 23 seismic survey vessels, after acquir
TWMA Wins Martin Linge Field Waste Management Contract (Norway)
TWMA, the leader in integrated drilling and environmental solutions for the international onshore and offshore oil and gas industry, has been awarded a major contract with Total E&P Norge AS to deliver offshore waste management services during the development of the Martin Linge field located on the
Wintershall Takes Over Brage Operatorship
Wintershall Norge is today taking over the operatorship of the Brage oil field on the Norwegian Continental Shelf (NCS) from Statoil. The Brage platform off Bergen is the first major production platform operated by Wintershall Norge. Since the transfer of equity in the fields Brage, Gjøa and Vega to
Lundin Starts 16/3-7 Well Drilling
Lundin Petroleum has announced that drilling of appraisal well 16/3-7 on the Johan Sverdrup discovery located in the North Sea sector of the Norwegian Continental Shelf (NCS), has kicked off. The well is located in the south-eastern part of the discovery with the objective to establish the depth, qu
Dana Spuds Pharos Exploration Well (UK)
Dana Petroleum has started drilling works at the Pharos exploration well in the UK Southern North Sea. The news was announced this morning by Parkmead, which owns a 20% stake in the prospect. The Pharos gas prospect has the potential to contain up to 500 billion cubic feet of gas-in-place (86 millio
Northern Petroleum to Sell Dutch Subsidiary
Northern Petroleum Plc announces that it has entered into a binding sale and purchase agreement with Vermilion Oil & Gas Netherlands BV (“Vermilion”), a wholly owned subsidiary of Vermilion Energy Inc., for the sale of Northern Petroleum Nederland BV (“NPN”), the Company’s wholly owned Netherlands o
Apache Extends Contracts for ‘Blue Fighter’ and ‘Blue Prosper’
Apache has decided to extend contracts with Blue Ship invest for its two Platform Supply Vessels ‘Blue Fighter’ and ‘Blue Prosper’. According to data provided by Westshore Shipbrokers, the vessels will stay with Apache for another year. Apache has an option to extend the charter for one more year. T