Fossil Energy
Statoil Gets Nod to Use Visund Nord Subsea Pipelines
Statoil has received consent to use pipelines and subsea production facilities at Visund Nord. Visund Nord is in the northern part of the North Sea in production licence 120, where Statoil is the operator. Water depth at the site is approximately 380 metres. The planned start-up is August 2013. The
Eni Allowed to Drill In Barents Sea with Scarabeo 8 Rig
Eni Norge has received consent to carry out exploration drilling of well 7016/2-1 in production licence 529 in the Barents Sea using the Scarabeo 8 semi-submersible drilling rig. Water depth at the site is approximately 1368 metres. The planned start-up is July 2013 with a duration of 67 days, depen
Chrysaor Agrees $175 Million Funding
Chrysaor Holdings Limited , an independent exploration and production company focused on developing and commercialising oil and gas discoveries in the UK North Sea and Ireland, has successfully agreed terms for a $175m equity investment. The successful fundraising is from a combination of new and ex
N-Sea: No Surface Decompression Needed with TUP Diving System
N-Sea re-introduces the unique and revolutionary TUP Diving System® for its offshore activities. The TUP (Transfer Under Pressure) Diving System®, designed and built in house by N-Sea, has an extensive track record with over 10,000 incident free dives to date. The system, has undergone a comprehensi
Depots for Oil Spill Clean-Up Equipment to Be Built in Norway
The Norwegian Clean Seas Association for Operating Companies (Nofo) has reached agreement with T. Johansen Drift AS and Roald Johansen AS in Alta on constructing two depots for oil spill clean-up equipment. Located at Hasvik and Måsøy in Norway’s northernmost Finnmark county, these facilities repres
Fred. Olsen Production BoD Urges Shareholders to Accept Yinson Takeover Offer
The board of director of Fred. Olsen Production ASA today issued a statement in which it advises the company’s shareholders to accept the takeover offer made by the Labuan-based company Yinson Production Ltd. To remind, Yinson on June 10 launched the offer to acquire 100% of the shares of the Compan
IHC Merwede’s President Becomes Chairman of SEA Europe
The European Ships and Maritime Equipment Association (SEA Europe) has announced that IHC Merwede’s President, Govert Hamers, will succeed Lars Gørvell-Dahll as Chairman in October 2013. Gørvell-Dahll’s will step down midway through his tenure to become the Managing Director of the maritime arm of t
Oleg Aksyutin Becomes CEO of South Stream Transport
The South Stream Project is making good progress and enters an important next phase. Following a recent Board Meeting, South Stream Transport has initiated two tenders, one for the supply of line pipe and another one for the construction of the South Stream Offshore Pipeline through the Black Sea. C
GE Expands Subsea Manufacturing Facility in Montrose, Scotland
GE Oil & Gas has strengthened its position in the worldwide energy market, unveiling the results of a significant expansion of to its subsea systems manufacturing, test and assembly facility in Montrose, Scotland. The product of a 10.4 million pound ($15.8 million) investment, the Brent Avenue site
Registration Open for Offshore Energy Exhibition & Conference 2013
You are invited to join us in Amsterdam for Offshore Energy Exhibition & Conference 2013 at Amsterdam RAI on October 15 & 16. Meet new customers and partners, as well as strengthen your relations with existing clients. Explore best practices and new developments. Whether you are interested in doing
Keel Laying for ‘Ceona Amazon’ Pipe Layer Scheduled for August
Ceona has finalised its agreement with Lloyd Werft for the construction of a new high-capacity vessel, the Ceona Amazon, at a signing ceremony in Bremerhaven. Members of the Ceona management team, led by CEO Steve Preston and Chairman John Smith, were joined by a representative from majority shareho
Fabricom Awarded $130 Mln Gudrun, Gina Krog Platforms Job
Norwegian oil company Statoil has awarded Fabricom AS the contract for maintenance and modification on the Gudrun platform, starting August 2013 until August 2020 including two options of 2 year.In addition, the contract includes an option that Fabricom AS will execute the maintenance and modificati
OMV Gets Approval for Two Barents Sea Wells
OMV Norge AS, a Norwegian subsidiary of Austrian oil company OMV AG, has been granted a consent for drilling of two exploration wells in the Barent Sea. The wells 7324/8-1 and 7324/7-1 S, located in the Production Licence 537, will be drilled by the Leiv Eiriksson semi-submersible drilling rig. Wild
Maersk Oil North Sea Hires Harkand for Subsea Inspection
Harkand, the international subsea inspection, repair, maintenance (IRM) and light construction group, has secured a contract with Maersk Oil North Sea Ltd. It will see the DP2 multi-purpose vessel the Relume deployed to conduct subsea inspection of the operator’s floating production units and floati