Fossil Energy
IHC Merwede Confirms 1 Billion Euro Orders for Six Pipelayers
IHC Merwede’s Offshore division has been successful in securing orders worth over €1 billion for the design, engineering and construction of a total of six pipelaying vessels. The agreements for these six ships have been signed with Subsea 7 and Seabras Sapura, the partnership between SapuraKencana
Seadrill Takeover Offer Too Low, Sevan Drilling Directors Say
Sevan Drilling directors Kristian Johansen and Benedicte Schilberd Fasmer have issued a statement in which they advise the company’s shareholders not to accept the mandatory offer issued by Seadrill for the remaining shares of the company. Sevan Drilling, a Norway-based drilling contractor, admits t
Ombrina Mare Field Dispute Continues. MOG Seeks Court Help (Italy)
The Board of Mediterranean Oil & Gas Plc announces that, further to the announcement of 12 July 2013 and the continuing delay to the Ombrina Mare Project, it has today filed an appeal (the “Appeal”) before the Administrative Court in Rome against the Italian Ministry of the Environment and of Protec
SBM Offshore’s Profit Down. Shares Up on Updated Revenue Forecast
Dutch SBM Offshore today reported a net loss of $42 million for the first half of 2013, compared to net profit of $121 million in the same period last year. Excluding the Yme platform settlement with Talisman and Deep Panuke delay charges, the company’s net profit was $254 million, a 109% up from 1H
Dockwise Vessel Used as Drydock for Rig
Royal Boskalis Westminster N.V. (Boskalis) announced today that it was recently contracted to assist with the repair and maintenance of a semi-submersible drilling rig in the Mediterranean. Boskalis’ share of the project has been successfully completed. Boskalis subsidiary Dockwise was contracted to
Pacific Drilling Eyeing ‘Attractive’ Contracts for New Drillships
Pacific Drilling S.A., an international drilling contractor focused on drillships, today, in its quarterly results release, reveals an optimistic forecast for the ultra-deepwater drillships market.
‘Viking Queen’ PSV Stays with Statoil
Norwegian oil giant Statoil has declared its option for one year extended period for the Time Charter party with Eidesvik Offshore for the platform supply vessel ‘Viking Queen’. The extended contract, for the 92 meters long vessel, starts in November 2013. This is the last option on this contract. T
PGS, ‘Geology Without Limits’ Acquire Seismic Data in Russian Barents Sea and Kara Sea
Petroleum Geo-Services (PGS), within the framework of an international scientific program, has acquired 8,840 line km of 2D data in the Russian Barents Sea and Kara Sea. The 2D survey, conducted in partnership with Geology Without Limits, began in 2012, using the vessel Akademik Lazarev. This scient
Baker Hughes: International Offshore Rig Count for July Up Year-on-Year
Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for July 2013 was 1,305, down 28 from the 1,333 counted in June 2013, and up 41 from the 1,264 counted in July 2012. The international offshore rig count for July 2013 was 320, down 17 from the 337 counted in June
Atlantic Offshore to Manage ‘Blue Protector’ PSV
A new management agreement has been signed with Blue Ship Invest AS, a wholly-owned subsidiary of the Ulstein Group. Atlantic Offshore will be responsible for commercial and technical management of Blue Protector, a newbuilding of PX121 design, upon its delivery from Ulstein Verft in September 2013.
Power Restored at Visund Platform
Statoil’s Visund platform, which lost electricity on Sunday, has restored its main power supply yesterday afternoon. The power outage forced Statoil to shut production at the platform and transfer 84 workers to the nearby Gullfaks A platform in the North Sea. “Work is now ongoing to get back in norm
AVEVA Joins Offshoreenergy.dk (Denmark)
AVEVA announced today that it has joined the Esbjerg-based network Offshoreenergy.dk. The network focuses on building collaboration across the Danish oil & gas, offshore and wind energy industries. “The majority of the Danish offshore activity is in the Norwegian and British areas of the North Sea,
Statoil Extends ‘Deepsea Atlantic’ Rig Contract
Norwegian oil company Statoil has exercised a one-year option for the use of Deepsea Atlantic semi-submersible drilling rig from August 15, 2014. Deepsea Atlantic has been drilling for Statoil in the North Sea since 2010. In addition to the one-year option now being exercised, the contract includes
Statoil Makes Small Oil Discovery in North Sea (Norway)
Lundin Petroleum AB has announced that exploration well 16/2-18S (Cliffhanger North), drilled west of the main bounding fault for the Johan Sverdrup discovery, has been completed as a small oil discovery. Exploration well 16/2-18S, located on Statoil operated PL265, was drilled west of Johan Sverdru