Fossil Energy
Exceed Expands to New Markets (UK)
Deepwater drilling and performance improvement specialist Exceed is exhibiting at Offshore Europe (stand 3D210) and announcing significant growth along with international expansion into new markets. The Aberdeen-based company has established new companies in Canada and Ghana on the back of recent co
AGR: Expert Rig Sourcing Team Already Proving Its Worth
A team set up recently by AGR to tackle the problem of sourcing rigs in an exceptionally tight market is already proving its worth. The global oil and gas service provider took the unusual step of establishing the dedicated unit earlier this year to ensure it was able to ecure the best available rig
SOCAR Continues Cleaning Works at Bulla-Deniz Field
Works on rectifying the consequences of the accident that took place at platform #90 the Bulla-Deniz field were continued on August 30. As a result of cleaning works, about 45 percent of drilling equipment was dismantled and transported to land. All the measures are continued in accordance with the
Rock Placement to Commence at Corrib Field
The Department of Transport, Tourism and Sport has been advised that Rock Placement works will commence along the pipeline/umbilical route at the Corrib field offshore Ireland. Work will commence in mid-September 2013 and is expected to be completed within three weeks. The subsea rock installation a
VARD to Design and Construct New PSV for Carlotta Offshore
Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of offshore and specialized vessels, announced that it has secured a new contract for the design and construction of one Platform Supply Vessel for Carlotta Offshore Ltd., a newly established player in the offshore su
Penspen Appoints New CEO
The Penspen Group announced the appointment of Peter O’Sullivan as Group CEO effective today. Peter is a seasoned business leader with a strong track record in the oil and gas industry. He joins Penspen after 7 years as Chief Operating Officer at Caithness Petroleum where he was responsible for the
Seabird to Buy Hawk Explorer for USD 6.5 Mln
SeaBird Exploration Plc announced that it has notified the owner of Hawk Explorer that it will exercise its option under the current charter agreement to purchase the vessel and related equipment for USD 6.5 million. The vessel and equipment will be delivered at the end of the lease term 31 August 2
Wartsila to Supply Design of New LNG Powered PSV
Wärtsilä, the marine industry’s leading solutions and services provider, has been awarded the contract to supply the design and an integrated solution for a new large platform supply vessel (PSV). The ship will operate primarily on liquefied natural gas (LNG) and is owned by Siem Offshore, the Norwa
Absoft, Ross Offshore Team Up to Improve Drilling Processes
Leading independent SAP consultancy and software provider Absoft has secured a deal to support Norway-based drilling consultancy and project management services firm Ross Offshore AS to develop systems which improve efficiencies in drilling and completion projects by 60%. Ross Offshore AS and Absoft
Kleven Cancels Offshore Crane Order with TTS
Norwegian Kleven has excercised the right to cancel a contract for delivery of a subsea crane with TTS Group. The contract, announced in May should have brought approximately NOK 70 million to TTS Offshore Handling Equipment AS. The deal was for delivery of a 250 ton active heave compensated subsea
GC Rieber Shipping Down on Reef Subsea Loss
Norway’s GC Rieber Shipping has reported that its net loss for the second quarter 2013 was NOK 5.7 million, compared to a profit of NOK 57.0 million in the same period last year. This is primarily due to a loss of NOK 38.7 million from the associated company Reef Subsea, which experienced low capaci
Super Pumas Fly Again. Black Box Found. Workforce Confidence Shattered
Step Change in Safety’s Helicopter Safety Steering Group (HSSG), held a meeting yesterday in Aberdeen to review its decision to recommend the temporary suspension of AS332 L/L1, AS332 L2 and EC225 commercial passenger flights to and from offshore oil and gas installations within the UK following the
Harkand Completes Veolia Transaction
Harkand, the international subsea inspection, repair, maintenance and light construction group, has confirmed the acquisition of the main assets and business of Veolia Marine Services (“VMS”). The transaction is in line with the announcement of 21 May 2013. The acquisition adds 150 onshore and offsh
Reef Subsea Reorganizes Its Business
Reef Subsea has taken the step to restructure its business into two divisions – one being a new division focused on integrated subsea projects and the second a restructure of the Dredging & Excavation division. In the restructure, Reef Subsea Power & Umbilical and Reef Subsea Norway has merged to fo