Fossil Energy
Rolls-Royce to Design & Equip Two Offshore Vessels for Asgaard
Rolls-Royce today announced it has signed a contract with the Brazilian shipyard Aliança S/A Industria Naval e Empresa de Navegacao, a subsidiary of Fischer Group, and Brazilian shipowner Asgaard Navegação S.A for the design and delivery of equipment to two offshore vessels for Asgaard. The contract
Statoil: Joint Export Pipeline for Edvard Grieg and Ivar Aasen Fields
Statoil and its partners have made the investment decision for a joint oil export solution for the Edvard Grieg and Ivar Aasen fields. The oil will be transported via a 43-kilometre oil pipeline from Edvard Grieg to the Grane oil pipeline, and then on to Sture. The transport solution is a preconditi
Chiyoda, Xodus Unite in Energy Development Projects (UK)
Chiyoda Corporation and Xodus Group Limited announce that they have formed a strategic capital alliance, with Chiyoda having acquired the majority of shares in Xodus Group from the previous investors, Sunrise Xodus B.V. and Simmons Parallel Private L.P. The increase in global demand for oil & gas ha
Skandi Neptune Remains with Subsea 7 Until 2014
DOF Subsea today announced that Subsea 7 has extended the contract for Skandi Neptune with one year from March 2014. Skandi Neptune is a construction support vessel, capable of operating in water depths up to 3,000 meters. The 104 m long vessel is equipped with a 250 mt crane and 2 ROVs. DOF Subsea
Nexen Extends Wood Group PSN North Sea Contract
Wood Group PSN (WGPSN) has secured its sixth major North Sea contract extension this year. The latest award comes in the form of a three-year contract from Nexen Petroleum UK Limited to deliver operations, maintenance and technical support services to the Scott and Buzzard platforms. The contract al
EMGS Vessel Utilisation Increases in 2nd Quarter (Norway)
Electromagnetic Geoservices ASA (EMGS) has released information on vessel activity and utilisation for the second quarter of 2013. Vessel utilisation for the second quarter came in at 78% compared with 77% in the second quarter of 2012. In the second quarter of 2013, the company’s vessels were alloc
Idemitsu Buys ExxonMobil Share in H-Nord Field (Norway)
Japan’s Idemitsu Kosan Co.,Ltd. announces that its subsidiary, Idemitsu Snorre Oil Development Co., Ltd. has acquired additional interests in PL 090 F (25%) and PL 090 G (25%) from ExxonMobil including H-Nord oil field in the Norwegian part of North Sea. The licenses PL 090 F and PL 090 G are locate
SPEX Group to Develop Emergency Severance Tool for Shell (UK)
SPEX Group, an Aberdeen-headquartered provider of innovative technology solutions and services to the global oil and gas industry, has secured a further multi-million dollar contract with Shell for the development of a subsea tool. The Emergency Severance Tool (EST) is due to undergo final field tes
Jette Continues to Boost Det norske Oil Production (Norway)
Det norske, a Norwegian, privately-held, oil and gas company today announced that the company’s physical production in June was 9,655 barrels per day. In May, Det norske’s production increased by over 250 percent, spurred mainly by the start of production from the Jette field. The first well on the
Wood Group Buys Pyeroy (UK)
Wood Group announces the acquisition of Pyeroy Group Limited , a provider of specialist coatings, access and fabric maintenance services to the oil & gas, marine and rail industries. Headquartered in Gateshead, UK, Pyeroy was founded in 1973 and employs approximately 1,800 personnel at eight locatio
Aker Solutions to Provide Drilling Package for Mariner Platform
Aker Solutions won a contract from Daewoo Shipbuilding and Marine Engineering (DSME) to deliver a drilling equipment package for the production platform at the Mariner oilfield in the UK North Sea. The parties agreed not to disclose the value of the order, which includes a complete topside equipment
New Managing Director for TAQA UK Oil and Gas Business
TAQA, the global energy company based in Abu Dhabi, yesterday announced that Pete Jones has formally joined TAQA to succeed Leo Koot as managing director of TAQA’s UK oil and gas business. Jones joins TAQA from Marathon Oil Corp. where he held the position of Regional Vice president – Wyoming. Durin
OMV Expands Its License Portfolio in Norway
OMV has been awarded six additional offshore exploration licenses in Norway, acting as operator for two of them. The licenses were awarded by the Norwegian Ministry of Petroleum and Energy out of the 22nd Exploration license round. The signing with the Ministry took place on Friday, June 28. These a
More Offshore Facilities Needed for Breagh Phase 2 (UK)
Sterling Resources Ltd., announces a revised plan for sanctioning Phase 2 of the Breagh development and an update on Breagh operations. Previously, operator RWE Dea and Sterling (collectively the “Partnership”) were planning to submit the Phase 2 field development plan (“FDP”) addendum by June 30, 2