Fossil Energy
ConocoPhillips Extends UK North Sea Contract with Wood Group PSN
Wood Group PSN (WGPSN) has extended one of its longest running projects in the North Sea under a $60 USD million (£40 million GBP) one year contract extension with ConocoPhillips (UK) Limited. WGPSN will continue to provide operations and maintenance services, and facilities modifications services t
Damen Delivers Two Chasers to Rederij Groen
The delivery of the ‘Aquarius-G’ and her sister ship ‘Astra-G’ to offshore services company Rederij Groen (Scheveningen, the Netherlands) marked a milestone in Offshore Support Vessel construction. Never before, such Chasers have been purpose-built. The vessels have been designed by Saltwater Engine
ConocoPhillips Allowed to Use Embla Until 2028 (Norway)
ConocoPhillips Skandinavia AS (COPSAS) has been granted consent to use the 2/7-D well head facility at Embla and the associated subsea pipeline to Eldfisk through until the end of 2028. Embla is an oil and gas field that is situated in block 2/7 in the southern part of the North Sea. It has been dev
Proserv Buys Subsea Engineering Firm Velocious
An energy production technology services company Proserv has strengthened its global position with the acquisition of pioneering subsea engineering firm Velocious. The deal for the business, based in Perth, Australia, will see Proserv integrating more than 20 members of staff specialising in interve
Bilfinger Bags North Sea Gigs with Statoil and Marathon
The engineering and services group Bilfinger has extended comprehensive framework agreements for the maintenance of oil and gas production facilities in the North Sea. The agreements with energy companies Statoil and Marathon Oil run for periods of three years and have a total value of €130 million.
OPITO Promises Revolutionary Approach to Attract New Recruits to O&G Industry
Press Release – A revolutionary approach to tackling the critical need to attract thousands of new recruits into the oil and gas industry has been unveiled by sector skills body OPITO. In what could lead to the biggest shake-up of skills provision in the North Sea’s history, OPITO is responding to t
Aker Solutions, Statoil Cancel Cat B Rig Contract
Aker Solutions ASA and Statoil ASA have cancelled a contract for delivery of a semi-submersible rig capable of year-round well-intervention services on the Norwegian continental shelf. The companies in April 2012 agreed Aker Solutions would build the so-called Category B (Cat B) rig and use it to pr
Vroon Takes Delivery of ‘VOS Purpose’ PSV
Vroon Offshore Services (VOS) have taken delivery of a new addition to their offshore fleet. VOS Purpose, a platform supply vessel (PSV), is the second of two 75-m PSVs built at Fujian Southeast Shipyard in China. The vessel was delivered Friday 21 June 2013 in China and will be operated in the Medi
Total Discovers Hydrocarbons at Norvarg Appraisal Well
Ithaca Energy Inc. announces that the appraisal well (7225/3-2) being drilled on the Norvarg discovery, located in PL535 in the Norwegian sector of the Barents Sea, has confirmed the presence of hydrocarbons in the Kobbe formation based on the results of wire line logs and formation tests and cores.
Awilco Drilling Secures $424Mln Contract for WilPhoenix Rig
Awilco Drilling PLC has signed a Letter of Intent (LOI) with Apache North Sea Limited and TAQA Bratani Limited for the provision of WilPhoenix for a 3 year firm term commitment plus up to a further 2 years of options. The contract value for the firm term is estimated to be approximately USD 424 mill
Top News of The Week June 17-22, 2013
top news of the week
Statoil Gets Approval for New Well in Norwegian Sea
The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 6507/3-10, located in the Norwegian Sea. Well 6507/3-10 will be drilled from the Songa Trym semisubmersible drilling rig at position 65 55` 43.60″ north and 7 54´ 0.00″ east. The drilling program for well
South Stream: Offshore Section to Be Built in 2014
A meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Paolo Scaroni, Chief Executive Officer of Eni took place today as part of the St. Petersburg International Economic Forum 2013. The parties addressed joint projects in the energy sector, paying special attention to the
Eni, Rosneft Form Joint Venture to Operate Project on Russian Continental Shelf
Rosneft and Eni S.p.A., acting through their subsidiaries Rosneft JV Projects S.A. and Eni Energy Russia BV, signed Completion Deed for the Russian offshore projects (regarding Fedynsky, Central Barents blocks in the Barents Sea and Western Chernomorsky block in the Black Sea). The agreement was sig