Fossil Energy
TAQA, STATS Group Work Together on Tern Alpha Platform Project (UK)
TAQA Bratani Ltd required an isolation solution to facilitate pipework replacement of a 3” instrument air line on board the Tern Alpha Platform in the North Sea, without the necessity for a platform shutdown. STATS Group proposed the use of a 3” BISEP™ and Tecno Plug™ assembly to provide a double bl
Repsol Shows Strong Performance. Income Increases.
Repsol posted net income of 1.054 billion euros in the first half of 2013, a rise of 2.6% from the year-earlier period calculated at current cost of supply. Calculated based on MIFO criteria, net income was 901 million euros. These earnings are especially significant as the first quarter of 2012 inc
Statoil’s Financial Results Impacted by Lower Gas Prices, CEO Says
Statoil, an international energy company with operations in 35 countries, has announced second quarter 2013 results. Statoil’s net operating income for the second quarter was NOK 34.3 billion compared to NOK 62.0 billion in the second quarter of 2012. Adjusted earnings were NOK 38.0 billion, compare
Havila Shipping Extends OSV Contract with Veripos (Norway)
Havila Shipping ASA of Fosnavag, the leading Norwegian supplier of quality-assured supply services to international offshore companies with a fleet of dedicated vessels, has extended its present contract with GNSS positioning specialists Veripos until the end of 2015. Under the renewed arrangement V
Statoil, AGR Enter LOI for EC-Drill® System (Norway)
Offshore technology provider AGR Enhanced Drilling, via its subsidiary Ocean Riser Systems, has entered into a NOK120m (USD20m) Letter of Intent (LOI) together with Statoil to deliver the next-generation EC-Drill® Managed Pressure Drilling system. This latest contract will replace a purchase order m
DONG Energy Discovers Gas West of Shetlands, UK
Today, DONG Energy has announced the results from two exploration wells that were drilled in the West of Shetlands at the end of 2012 and early 2013. After initial analysis, the Cragganmore exploration well is confirmed as a gas discovery and the Glenrothes well has been plugged and abandoned. The n
Petrofac Announced BoD Changes
Petrofac, the international oil and gas service provider, announces a number of changes to its Board of Directors. President and Executive Director Maroun Semaan has decided to retire at the end of the year after more than 22 years with the Company, stepping down from the Board position he has held
PSA Inspects ConocoPhillips’ Eldfisk S (Norway)
From 21 to 22 February 2013, the Petroleum Safety Authority Norway (PSA) carried out an audit of ConocoPhillips. The purpose of the audit was to follow up on how ConocoPhillips is ensuring that the safety instrumented systems on Eldfisk S will meet relevant regulatory requirements, recognised standa
SPEX Group Strengthens Management Team (UK)
SPEX Group, an Aberdeen-headquartered provider of innovative technology solutions and services to the global oil and gas industry, has strengthened its management team with a round of key appointments. Sylvia Halkerston joins the SPEX board of directors, following a career spanning 35 years in human
Northern Petroleum’s BoD Member Resigns Position (UK)
Northern Petroleum Plc announces that, effective yesterday, Chris Foss, Executive Director – Legal & Commercial, has left his position on the Board of Directors of the Company and other operating subsidiaries of the Group. Chris joined Northern in January 2003 and was promoted into the role of Finan
Lowestoft College’s Students to Work at Sea
One of the first students to complete Lowestoft College’s new Maritime Skills Programme has gained employment on a trial period working on offshore platform support vessels (PSVs) in the Southern North Sea gas fields while another is continuing to work for a Great Yarmouth company who owns and opera
Polarcus Activity in Northwest Europe Lower than Expected, CEO Says
Polarcus Limited announces the release of its second quarter 2013 financial statements. The Company reported the following Highlights in the second quarter 2013: – Revenues of USD 130.5 million, up 14% from Q2 2012 – EBITDA of USD 51.1 million, up 19% from Q2 2012 – EBIT of USD 26.7 million, up 22%
Enegi, Antrim to Prepare Amended FDP for UK Fyne Field
Enegi, the independent Oil and Gas Company with a portfolio of assets located in the UK North Sea, Newfoundland Canada, Ireland, and Jordan provides the following update on the Fyne Oil field project. Enegi, along with its Joint Venture partner ABTechnology (“ABT”), agreed with Antrim Resources (N.I
MOG Acquires 40 Pct Interest in Malta Area 3 Blocks
The Board of Mediterranean Oil & Gas Plc announces that, following the grant of approval by the Government of Malta, it has acquired through its wholly owned subsidiary Melita Exploration Company Limited, a 40% working interest in the Exploration Study Agreement relating to offshore Malta Area 3 – B