Fossil Energy
Incat to Build 70 m Crew Vessel for Caspian Sea Oil Industry
Incat Tasmania Pty Ltd has secured a contract for the construction of a fast 70 metre crew support vessel for operations in the Caspian Sea oil industry in Azerbaijan. The contract was signed yesterday (Thursday 1st August) in Baku Azerbaijan by Incat Chairman Robert Clifford and representatives of
RWE Sells Its Share in Excelerate Energy
With economic effect from 30 June 2013, RWE is selling its 50 per cent share in the US liquefied natural gas company Excelerate Energy. Buyer is the current co-owner, George B. Kaiser. The transaction remains subject to approval by the RWE AG Supervisory Board. “Excelerate Energy has developed to be
MAN Gensets for ‘Ceona Amazon’ Construction Vessel
MAN Diesel & Turbo has won an order to supply the main gensets for a multi-layer vessel newbuilding, recently commenced by Lloyd Werft Bremerhaven AG for British client, Ceona. The Ceona Amazon will be equipped with 2 × 9L32/44CR + 4 × 8L32/44CR main gensets, providing a total output of 28 MW. Each
DeepOcean Welcomes New Members to Its Aberdeen Office
DeepOcean UK, a subsidiary of DeepOcean Group Holding BV, today announced two key appointments, to strengthen its Management Team in Aberdeen. Mervyn New joins DeepOcean as Trenching Business Line Manager – Aberdeen. Mervyn brings over 30 years’ experience in the subsea oil & gas industry, with a st
Power Outage Shuts Production at Visund Platform
Norwegian oil giant Statoil has closed production from its Visund platform in the Norwegian part of the North Sea, after the platform experienced a power outage on Sunday afternoon. According to Aftenbladet newspaper, 84 workers were transferred by helicopter to the nearby Gullfaks A platform. “44 w
AGR Nets Contract Extension with BP in Azerbaijan
Offshore drilling solutions provider AGR Enhanced Drilling has further secured its position in the Caspian after BP signed a two-year contract extension. The extension, which runs from January 1, 2013 and was signed by BP Exploration (Caspian Sea) Ltd, will see Enhanced Drilling extend the placement
‘Pieter Schelte’ to Remove Shell’s Brent Field Platforms (UK)
Shell has awarded Allseas the topsides and jacket removal contract for the Brent field platforms. The contract also includes the removal of Brent Alpha’s steel jacket. The Brent field is situated on the UK Continental Shelf, 186 km (116 miles) north-east of Lerwick, Scotland, in a water depth of 140
Top News of The Week July 29 – August 3, 2013
1. Footbridge Collapses Between ‘Floatel Superior’ and ‘Kvitebjorn’ 2. VIDEO: Gudrun Load Out, Sail Away and Offshore Installation 3. Gallery: Oil Spill Hits Thai Tourism. Greenpeace Calls for Drilling Ban 4. Eni Makes Significant Oil & Gas Discovery Offshore Congo 5. Seadrill Orders Two New
Doedijns Nets SBM Offshore FPSO Job
Doedijns from the Netherlands has been awarded a contract for the delivery of a major part of the Rig-less Intervention System for the BC-10 FPSO production facility by SBM Offshore Malaysia. Shell’s BC-10 Development in the Campos Basin offshore Brazil implemented a new method of subsea-separation
San Leon Has Two Years to Begin Drilling Offshore Albania
San Leon has announced the Second Amendment (“Amendment”) to its Petroleum Sharing Contract (“PSC”) for the Durresi Block, offshore Albania, where the Company holds a 100% operating interest, became effective on 31 July 2013 following Council of Ministers approval and publication in country’s Offici
Statoil Extends COSLPioneer Contract
COSL Drilling Europe AS, has announced that Norwegian oil company Statoil has exercised its second 2-year option for the COSLPioneer semi-submersible rig. Under the contract extension the rig will proceed to operate for Statoil until August 2016. The dayrate for the contract was not revealed. The CO
Actuant Buys Viking SeaTech for $225 Million (UK)
Actuant Corporation announced today the signing of a definitive agreement to acquire Viking SeaTech (“Viking”). The purchase is subject to customary regulatory approvals and closing conditions, and is expected to be completed within 45 days. The approximately £150 million ($225 million) purchase pri
GSP Offshore Names New CFO (Romania)
GSP Offshore announces the appointment of Geir Johansen as GSP’s new Chief Financial Officer. The nomination of Johansen as GSP’s new CFO is effective from August 1, 2013. Johansen has extensive international managerial experience including mergers and acquisitions, equity and capital market activit
Crosco’s Labin Jack-Up Drilling for INAgip (Croatia)
INAgip, a joint venture company established by the Italian oil giant Eni and the Croatian oil company INA, has awarded a drilling contract to Crosco. The contract, for the Crosco-owned jack-up rig “Labin”, has already kicked off early in July. INAgip has hired the rig for exploration drilling on the