Fossil Energy
Subsea 7 Exercises Option for ‘Normand Subsea’
Subsea 7 has declared its option to extend the contract for the light construction vessel “Normand Subsea” for one year, starting March 2014. This is the first of a total of four yearly options. Normand Subsea is an offshore vessel built to perform Inspection, Maintenance and Repair (IMR) works. The
Lamprell Receives Jack-Up Rig Order
Lamprell, a UAE-based offshore rig builder, today announced it has received an order to build a jack-up rig. The rig builder did not disclose the name of the client but said it was an international drilling contractor. The rig, of the LeTurneauSuper 116E (Enhanced) Class design ,will be constructed
Statoil Extends Viking Princess PSV Charter
Norwegian oil titan Statoil has declared its option for one year extended period for charter of the Viking Princess platform supply vessel, owned by Eidesvik Offshore. The extended deal for the LNG-powered vessel starts in November 2013. This is the first of two yearly options on this contract. “We
AAIB: Heli Intact When It Hit Sea. ‘Black Box’ Still Not Found.
Air Accidents Investigation Branch has, in the wake of last Friday’s Super Puma helicopter crash off Shetland, announced that preliminary information indicates that the approach proceeded normally until approximately three miles from the Sumburgh Airport runway when there was a reduction in airspeed
‘Oil Woman of the Year’ Takes Over as AGR Rig Team Boss
Norway’s AGR today announced it has appointed Jorunn Sætre to lead its Norwegian Rig Team and manage the company’s rapidly growing Stavanger office. With a distinguished career spanning more than 30 years in the international energy industry, Jorunn brings a wealth of experience to her new roles. Pr
Island Offshore Awarded LWI Job by Premier Oil
Island Offshore, a Norway-based Light Well Intervention (LWI) specialist, has been selected by Premier Oil UK Limited to undertake a new LWI service contract on the UK Continental Shelf. Premier, a growing oil and gas exploration and production company, awarded the business to Island Offshore and th
Noreco’s 2Q Net Loss Increases (Norway)
Norwegian Energy Company ASA (Noreco) today presents its second quarter 2013 report, with a negative EBITDA of NOK 45 million and a net loss of NOK 504 million for the period. Significant events in the second and third quarter 2013 include: – Start-up of Huntington production in April more than doub
VIDEO: Damen Delivers ‘World Peridot’ PSV to WWS
Damen Shipyards Galati has handed over the second Platform Supply Vessel in a series order heralding a new era in offshore construction for Damen Shipyards Group. World Peridot, built to Damen’s innovative PSV 3300 design, has been delivered to World Wide Supply as part of the Norwegian owner’s late
EBN Buys Share in L5a Block in Dutch North Sea
On the 27th of August, GDF SUEZ E&P Nederland B.V. (GDF SUEZ) and EBN B.V. (EBN) finalized an acquisition of a 40% share in the L5a block in the Dutch North Sea. The L5a block is located 100 kilometres northwest of Den Helder and includes the L5a-E oil field. EBN has been partner with GDF […]
BW Offshore Expands Board of Directors
BW Offshore, an Oslo-based owner of FPSO units, has informed that it has expanded its board of director from five to six members. The company has appointed Clare Spottiswoode CBE (Commander of the Order of the British Empire) a Director of BW Offshore Limited with effect from 27 August 2013. Accordi
Westcon Eager to Reunite with ‘Scarabeo 8’
When Scarabeo 8 is to change its BOP this fall, Port of Tromsø and Westcon will perform the job. The latter knows the rig especially well. It was completed at Westcon Yard in Olen, and rig manager Malvin Eide looks forward to the reunion. When Scarabeo 8 arrives to the Port of Tromsø this fall, [&he
‘Bibby Sapphire’ to Conduct IRM on Maersk Oil’s North Sea Assets
Aberdeen-based subsea installation contractor Bibby Offshore has secured a multi-million pound contract with Maersk Oil UK. The agreement will see Bibby Offshore commit its Diving Support Vessel (DSV), Bibby Sapphire, to support construction and inspection, repair and maintenance (IRM) activities on
Wärtsilä Propels Six New Offshore Pipe Layers
Wärtsilä, the marine industry’s leading solutions and services provider, has received a significant order to supply the propulsion solutions for six new offshore pipe laying vessels being built by IHC Merwede, a global leader in delivering efficient vessels and equipment. Three of the ships are to b
Tender Rig Business Sale Boosts Seadrill’s Profit
Seadrill, one of the world’s largest offshore drilling contractors, today announced that its net income for the second quarter 2013 was US$1,750 million. To remind, for the same quarter 2012, Seadrill’s reported net income was $554 million. This year’s 2Q income was improved by a $1.25 billion gain