Fossil Energy
IHC Merwede: 5 Orders for FPSO Offloading Systems
IHC Merwede has announced that it has signed two new contracts for the EPC (engineering, procurement and construction) delivery of offloading system packages for five FPSO vessels (floating production storage and offloading). The first of these packages will be placed on to one of MODEC’s FPSO vesse
Norwegian Shelf: NOx Emission to Remain Stable in the Years to Come
The total nitrogen oxide (NOx) emissions on the Norwegian shelf have remained relatively stable since the turn of the century. The prognoses indicate that they will remain at the same level in the years to come. This is according to the Norwegian Petroleum Directorate’s new status report for NOx emi
Noreq Boss Takes Over Harding CEO Position (Norway)
Since new owners took over Schat-Harding and Noreq in June, Styrk Bekkenes, chief executive of Noreq, has been appointed CEO of Harding – a new large joint company for the development and production of life-saving equipment. Harding will have more than 900 employees in 30 different locations worldwi
Northern Petroleum Names New Managing Director (UK)
Northern Petroleum Plc, the full cycle oil and gas company with a portfolio of production, development and exploration assets, announces the appointment of Keith Bush (43) as Managing Director. Keith Bush joined Northern in May 2012 as Chief Operating Officer and was appointed to the Board last Nove
Turkish Yard Building $130 Mln Subsea Construction Vessel
Volstad Shipping AS has signed a contract with Tersan Shipyard in Turkey regarding a construction of a Subsea IMR and Construction Vessel. The contract was signed July 4th 2013 and is subject to satisfactory financing. The new vessel has main dimensions of 128.5m x 25m and is of ST-259 design. Estim
NPD: June Production Down 11 Pct (Norway)
The Norwegian Petroleum Directorate has announced that preliminary production figures for June 2013 indicate an average daily production of about 1 111 684 000 barrels of oil, NGL and condensate. This is 215 000 barrels per day (about 11 percent) less than in May 2013. Total gas sales were about 8.4
Aker Solutions Provides Topsides Equipment for New Rig in Azerbaijan
Aker Solutions won a contract from Caspian Drilling Company Ltd (CDC) to provide a complete topside equipment package for a new semi-submersible drilling rig in Baku, Azerbaijan. The parties agreed not to disclose the value of the order. Aker Solutions has previously delivered drilling equipment to
Liebherr Launches Offshore Crane Simulators Range (UK)
Liebherr has launched its range of maritime crane simulators. Based on original software and hardware, the Liebherr simulators increase safety and productivity by providing a cost-effective and highly professional crane operator training solution. In September, the simulator will be part of the Lieb
Global Market for Oilfield Equipment to Reach USD 117 Billion in 2018
According to a new market report published by Transparency Market Research the global market for oilfield equipment was valued at USD 93.74 billion in 2012 and is expected to reach USD 117.37 billion in 2018, growing at a CAGR of 3.8% from 2012 to 2018. The demand for oilfield equipments is expected
Baker Hughes: International Offshore Rigs in June Up by 32
Baker Hughes Incorporated announced today that the international rig count for June 2013 was 1,333, up 50 from the 1,283 counted in May 2013, and up 48 from the 1,285 counted in June 2012. The international offshore rig count for June 2013 was 337, up 10 from the 327 counted in May 2013, and up [&he
ABB to Carry Out Upgrades on Heimdal Platform Offshore Norway
ABB, the Swiss power and automation technology group, has won an order from Statoil for the upgrade of safety and automation systems at the important Heimdal platform in the North Sea, off the coast of Norway. The agreement with Statoil was signed in the second quarter of 2013. ABB’s scope comprises
Statoil: West Hercules to Drill in PL608 (Norway)
The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for wellbore 7219/8-2. The 7219/8-2 wellbore will be drilled from the West Hercules rig. The drilling program for wellbore 7219/8-2 relates to drilling of a wildcat well in production licence 608. Statoil Petroleu
DONG to Use Maersk Resolve in Danish North Sea Drilling Ops
Maersk Drilling has been awarded a contract from DONG Energy for the jack-up Maersk Resolve for drilling operations in the Danish North Sea. The contract is expected to commence in August 2013 in direct continuation of its current contract in the UK. The duration of the new contract with DONG Energy
Women Could Help Resolve the Shortage of Skills Problem (UK)
Shortage of skills is the biggest challenge facing the energy industry and a Norwich conference heard that recruiting more women could help resolve the problem. The need to develop more expertise to cope with growing demand for engineers in the East of England was a constant theme throughout the Peo