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Fossil Energy

Ulstein’s CSV Polar Onyx Launched (Ukraine)
Fossil Energy

Ulstein’s CSV Polar Onyx Launched (Ukraine)

The hull of the offshore construction and well intervention vessel “Polar Onyx”, built by the order from Norwegian company Ulstein Hull AS, has been launched at Shipyard Zaliv on May 31, 2013. The hull is currently moored alongside the outfitting berth of the Ukraine-based yard and is waiting to be

about 13 years ago
Statoil Discovers Oil in PL 089, Norway
Fossil Energy

Statoil Discovers Oil in PL 089, Norway

Statoil Petroleum AS, operator of production licence 089, has concluded the drilling of observation well 34/7-H-2 H. The well was drilled between Vigdis and Snorre in the northern part of the North Sea. The objective of the well was to prove petroleum in Lower Jurassic reservoir rocks (the Cook form

about 13 years ago
Songa Offshore Reports Fleet Status Update for May 2013
Fossil Energy

Songa Offshore Reports Fleet Status Update for May 2013

Songa Offshore, a Cyprus-based offshore drilling contractor, has announced its drilling rig fleet status update for May 2013. Songa Dee achieved an operating efficiency of 100% during the month continuing working for Statoil in Norway. Songa Delta achieved an operating efficiency of 100% during the

about 13 years ago
Statoil: Johan Castberg Development Put Off
Fossil Energy

Statoil: Johan Castberg Development Put Off

Statoil as operator has recommended a delay of the investment decision for the Johan Castberg project in the Norwegian Barents Sea. Statoil has continued to mature the resource base and development plans for the project. There are still uncertainties related to the resource estimate and investment l

about 13 years ago
Eni Uses Intergraph for Goliat Development in Norway
Fossil Energy

Eni Uses Intergraph for Goliat Development in Norway

Eni Norge relies on Intergraph® SmartPlant® Enterprise solutions for owner operators for one of the most challenging projects in the Barents Sea, a marginal sea of the Arctic Ocean, located north of Norway and Russia. Goliat is the first oil field to be developed in the Barents Sea, and therefore se

about 13 years ago

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Pacific Drilling Raises Cash to Pay for Pacific Zonda Drillship Construction
Fossil Energy

Pacific Drilling Raises Cash to Pay for Pacific Zonda Drillship Construction

Pacific Drilling, a Luxembourg-based offshore drilling contractor, announced today the closing of three financing transactions totaling $2 billion. The transactions included an offering of $750 million in 5.375% senior secured notes due 2020, a $750 million senior secured term loan with 2018 maturit

about 13 years ago
Farstad Takes Delivery of ‘Far Statesman’ OSV
Fossil Energy

Farstad Takes Delivery of ‘Far Statesman’ OSV

Farstad Shipping, a Norway-based owner of offshore support vessels, today announced it has taken delivery of Far Statesman offshore service vessel from Vard Langsten. As previously announced, Farstad has sold the vessel to Ocean Yield AS and leased it back on a 12 year bareboat charter. The agreemen

about 13 years ago
ABB to Propel Sigma Drilling’s Drillship
Fossil Energy

ABB to Propel Sigma Drilling’s Drillship

ABB, the leading power and automation technology group, has secured a landmark offshore marine industry contract covering electrical power and propulsion systems onboard a DP class 3 Drill Ship to be conferred with ‘Enhanced Reliability’ and DYNPOS AUTRO notation from Det Norske Veritas(DNV). The co

about 13 years ago
Nor-Shipping: ‘Seven Viking’ Wins ‘Ship of the Year 2013’ Award (VIDEO)
Fossil Energy

Nor-Shipping: ‘Seven Viking’ Wins ‘Ship of the Year 2013’ Award (VIDEO)

The next generation Inspection, Maintenance and Repair (IMR) vessel ‘Seven Viking’, designed and built by ULSTEIN, was announced ‘Ship of the Year 2013’ by the maritime magazine ‘Skipsrevyen’ at Nor-Shipping on 4 June 2013. “This award is testimony to the result of the collective efforts of Eidesvik

about 13 years ago
Statoil: More Oil Found at Volve Field (Norway)
Fossil Energy

Statoil: More Oil Found at Volve Field (Norway)

Norwegian oil and gas company Statoil has today announced that the recently completed drilling on Volve field has proven additional volumes in the north-western section of the field, which are estimated to comprise between 8.8–9.4 million barrels of oil. This discovery signifies a doubling of the fi

about 13 years ago

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SOCAR Orders $800Mln Semi-Submersible Rig from Keppel
Fossil Energy

SOCAR Orders $800Mln Semi-Submersible Rig from Keppel

Keppel Offshore & Marine Ltd (Keppel O&M) has, through its subsidiaries Caspian Rigbuilders BV and Caspian Shipyard Company (CSC), secured a contract from Caspian Drilling Company Ltd, a subsidiary of the State Oil Company of Azerbaijan Republic (SOCAR), to build a semi-submersible drilling rig, whi

about 13 years ago
Statoil, Partners Acquire Two Cat-J Rigs (Norway)
Fossil Energy

Statoil, Partners Acquire Two Cat-J Rigs (Norway)

The licence partners of Gullfaks and Oseberg Area Unit have acquired two new category J jack-up rigs. The rigs will be owned by the licenses and will contribute to increased recovery and extended field life. Samsung Heavy Industries Co. Ltd. and Operator KCA Deutag Drilling Norway AS have been award

about 13 years ago
MLI, Teekay Petrojarl Cooperate in FPSO Projects
Fossil Energy

MLI, Teekay Petrojarl Cooperate in FPSO Projects

NLI and Teekay Petrojarl Production have signed a frame agreement where NLI will provide engineering and MC & commissioning to Teekay Petrojarl’s FPSO projects. “This is an agreement where both parties will benefit from working more closely together. By choosing NLI, Teekay Petrojarl has a supplier

about 13 years ago
Nor-Shipping 2013 Officially Open (Norway)
Fossil Energy

Nor-Shipping 2013 Officially Open (Norway)

Oslo Mayor Fabian Stang officially opened Nor-Shipping 2013 and Ocean Talent Camp, welcoming top maritime executives converging on Oslo this week. “This week Oslo will be the maritime capital of the world,” said Sturla Henriksen, Director General of the Norwegian Shipowners’ Association, as he expre

about 13 years ago