Fossil Energy
Aubin Names Subsea Business Director (UK)
Aberdeenshire firm Aubin has recently strengthened its management team with the appointment of a new director. Serena Arif joins Aubin, a leading independent supplier of specialist chemicals to the energy industry, as subsea business director, where she will be responsible for market positioning of
Harkand Buys Veolia Marine Services’ Main Assets
Harkand, the international subsea inspection, repair, maintenance and light construction group, today announced an agreement to acquire the main assets and business of Veolia Marine Services (“VMS”). The acquisition will add 150 onshore and offshore staff, three dynamically-positioned multi-purpose
Supporting Blocks for V. Filanovsky Field Launched (Russia)
On 15 May 2013, supporting blocks for the ice-resistant fixed platform (LSP1) were launched by the LOTOS Shipyard, JSC (Astrakhan Region), this being the first facility of the V. Filanovsky field in the Caspian Sea. LSP1 plan approval was carried out by the Head Office of Russian Maritime Register o
Saab Seaeye Makes Key Management Promotions (UK)
Two key promotions to the management team at Saab Seaeye come as the world leader in underwater vehicles significantly expands its engineering and its customer support capabilities. Newly promoted to Engineering Manager is Terry Wood, with Chris Henderson promoted to Customer Support Manager. Terry
Xcite Energy Sells Bentley Well Data for $15 Mln (UK)
Xcite Energy has entered into a non-exclusive, confidential, binding sale and purchase agreement for certain technical data in respect of the Bentley 9/03b-6, 6Z well, and the recently concluded 9/03b-7 and 7Z extended pre-production well test. Under the terms of the Agreement, XER will receive $15
Top News of the Week May 13 – 18, 2013
See the most read news of the week May 13 – 18, 2013
EIB Finances Repsol R&D Plans with €200 Mln
The European Investment Bank (EIB) will finance Repsol’s research and development plan (R&D) with 200 million euros. The agreement between the European institution and the company was signed this morning at Repsol’s headquarters. The EIB Vice-President, Magdalena Alvarez and Repsol’s Chairman, Anton
Seadrill Completes Tender Rig Sale
Seadrill Limited has today completed the transaction to sell the T-15 tender rig to Seadrill Partners. The agreed upon sale is for a total price of US$210 million, less approximately US$100 million of debt outstanding under the credit facility secured by the T-15. The balance of the total considerat
CDC to Show Its Innovative Jack-Up Vessel at All Energy 2013
Celtic Design Consultants are to exhibit at All Energy 2013 event in Aberdeen. They will be showing their innovative multi purpose jack up design. A working model of the design, named CDC Heron, and described as the ultimate offshore maintenance & intervention vessel for Oil & Gas and Renewables, wi
GSI Completes North Sea Decom Gigs with Helix and Dof Subsea
Gulfstream Services Inc (GSI), provider of cutting edge equipment to the international oil and gas industry, has successfully completed two six figure decommissioning contracts with major oil and gas service companies, Helix Well Ops UK and Dof Subsea. The Helix contract was part of the BP North Wes
Maersk Drilling Profit Rises on Higher Operational Uptime
Denmark’s offshore drilling contractor Maersk Drilling made a profit of USD 146m in the first quarter of 2013, an increase from USD 123m earned in the same period of 2012. The increase in profit was mainly due to general higher operational uptime in Q1 2013. All of Maersk Drilling’s 16 jack-ups and
Gazprom Hosts Meeting on South Stream Offshore Section (Russia)
The Gazprom headquarters hosted yesterday a working meeting between Alexey Miller Chairman of the Management Committee and Henning Voscherau, Chairman of South Stream Transport Board of Directors. The meeting participants discussed topics of the South Stream gas pipeline offshore section realization
Lamprell: 1Q in Line with Expectations
Lamprell, a provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, has issued its latest Interim Management Statement in accordance with the EU Transparency Directive. This statement covers the period from 1 January 2013 to
COSCO Heavy Transport Opens Rotterdam Office
COSCO Shipping Europe B.V. held its official opening ceremony in its Rotterdam offices at Strevelsweg 700 on Tuesday the 14th of May 2013. COSCO Shipping Company’s CEO, Capt. Han Guomin, had specially flown in from Guangzhou to chair the event which was attended by clients of his company’s fleet of