Fossil Energy
Seaway Heavy Lifting to Transport Gullfaks Wet Gas Compression Unit
Seaway Heavy Lifting wins contract for transport and installation of Statoil’s Gullfaks Wet Gas Compression unit. Seaway Heavy Lifting has been awarded a heavy lift contract from Subsea 7. This contract is part of Subsea 7’s main contract with Statoil for the Gullfaks Subsea Compression Project in N
South Stream Transport BoD Discusses Pipe Supply Tender Issues
Alexey Miller, Chairman of the Gazprom Management Committee took part in Amsterdam (Netherlands) in a meeting of the South Stream Transport Board of Directors yesterday. The Board Members addressed various issues regarding the progress with the offshore section of the South Stream gas pipeline. The
Oil & Gas UK Welcomes EU Council’s Vote to Approve Safety Directive
Oil & Gas UK has welcomed the EU Council of Ministers’ vote today to approve the EU Directive on offshore safety. Robert Paterson, Oil & Gas UK’s health, safety and employment director, said: “Throughout the progress of this legislation, from Regulation to Directive, Oil & Gas UK has worked hard to
Centrica Seeks New BoD Chairman (UK)
Following the announcement by BAE Systems plc that Sir Roger Carr is to become their next chairman, Centrica plc is starting a search for a new Chairman of its Board. The search will be led by the Senior Independent Director, Mary Francis CBE. After 10 very successful years as Centrica’s Chairman, S
Statoil’s BoD Members Re-Elected (Norway)
In a meeting in the Corporate Assembly of Statoil ASA, Svein Rennemo was re-elected as chair and Grace Reksten Skaugen as deputy chair of the board of directors. Børge Brende, Bjørn Tore Godal, Maria Johanna Oudeman and Jakob Stausholm are re-elected as shareholder representatives to the board. Cath
Xcite Energy, AMEC to Start Bentley Field FEED
Xcite Energy announces that its 100% subsidiary, Xcite Energy Resources Limited (“XER”), has entered into a Memorandum of Understanding (“MOU”) with AMEC Group Limited (“AMEC”) setting out commercial principles for future cooperation to support the development of the Bentley Field. XER and AMEC will
Rosneft, ExxonMobil to Establish Joint Arctic Research Center (Russia)
Rosneft and ExxonMobil yesterday signed final agreements establishing a joint Arctic Research Center (ARC) in Russia and an over-arching technology sharing agreement to support the companies’ joint ventures worldwide. Formally named the Arctic Research and Design Center for Continental Shelf Develop
Statoil Awards Gina Krog Contract to Floatel
Statoil Petroleum AS has awarded a contract to Floatel International for provision of an accommodation and construction support vessel for the Gina Krog Field Development project. The Gina Krog field, formerly known as Dagny, is situated on the Norwegian Continental Shelf, approximately 250 kilomete
Atlantic Offshore Orders FSV from Zamakona Yards in Spain
Atlantic Offshore has ordered a new vessel valued EUR 25 million from the Spanish shipyard Zamakona Yards in Bilbao. The ship is the ninth newbuilding and the company expects that there will be more new vessel in the fleet over the next few years. This is the third time the Bilbao based shipyard con
Foster Wheeler Buys Ingen Ideas (UK)
Foster Wheeler AG announced today that it has acquired Ingen Ideas (“Ingen”), a privately held upstream consultancy company located in Aberdeen, UK. Ingen specializes in field development and project decision support, focused on the evaluation and implementation of oil and gas field developments cov
Herkules Buys Lifeboat Specialists Umoe Schat-Harding and Noreq
Herkules Private Equity has entered into agreements to acquire Umoe Schat-Harding AS and Noreq AS. Together, the two companies will be the world’s leading supplier of maritime life-saving equipment. On Monday 10 June, Herkules signed an agreement to acquire Umoe Schat-Harding AS. The acquisition is
Dvorkovich, Davey Welcome UK and Russian Partnership in O&G Sector
On 10th June 2013 Deputy Prime Minister of the Government of the Russian Federation, A. Dvorkovich and the UK Secretary of State for Energy and Climate Change E. Davey MP met in London and discussed UK – Russian cooperation in the energy sphere. Discussion focused in particular on the gas and nuclea
CGG Marine Acquisition Solutions to Evolve with New Sentinel MS Streamer
With Sercel’s launch of the new Sentinel® MS multi-sensor streamer, CGG strengthens its lead in innovative high-end marine acquisition to help clients solve the toughest subsurface imaging challenges. Since the launch of its flagship broadband marine solution, BroadSeisTM, in 2010, CGG has accelerat
UK Energy Secretary Supports EU Directive on Offshore Oil and Gas Safety
Responding to the Council of the European Union’s announcement yesterday that the directive on safety of offshore oil and gas has been adopted, Energy and Climate Change Secretary Edward Davey said: “Today’s announcement that European Ministers have passed the directive on offshore oil and gas safet