Fossil Energy
Shell Allowed to Use Regalia Flotel During Draugen Works
In connection with upgrades on the Draugen facility, A/S Norske Shell (Shell) has received consent to use the MSV Regalia living quarters facility while the work is ongoing at the field, offshore Norway. Shell will carry out upgrades on the Draugen facility which e.g. include the living quarters and
Petrobras, Shell Charter Havila’s PSV Duo
Havila Shipping ASA, a Norway-based owner of offshore support vessels, today announced its has secured contracts for two of its Platform Supply Vessels. The company has been awarded a new long term contract with Brazil’s oil giant Petrobras for the Platform Supply Vessel Havila Faith (built 1998). H
TAQA: Cormorant Alpha Works to Take Months
TAQA today issued an update regarding the situation at the Cormorant Alpha platform in the UK North Sea. After two hydrocarbon releases within a leg of the Cormorant Alpha platform in January and March, TAQA has accelerated a long-term inspection, repair and maintenance programme that has been under
Four Oil Firms Jointly Work to Boost Social Baseline Study (Greenland)
Greenlandic regulations require that companies conduct a Social Impact Assessment before undertaking exploration drilling activities. A key part of this assessment is a Social Baseline Study, which provides descriptions of existing social conditions, development trends and development goals in the c
Statoil CFO: Tax Changes to Scare Off Investments
After the Norwegian government on 5 May announced a proposal to reduce the uplift in the petroleum tax system from 7.5 per cent to 5.5 per cent, Statoil, Norway’s largest oil company issued a press release in which it estimates the impact of proposed change in Norwegian petroleum tax on the company.
Norwegian Gov’t to Reduce Tax Deductions for Oil & Gas Sector
The Norwegian Government on Friday, May 5, introduced a proposal to reduce the tax deduction called “uplift” in the petroleum tax system from 7.5 per cent to 5.5 per cent. The overall uplift is thereby reduced from 30 per cent to 22 per cent. The government explains that the proposal will lead to mo
MMT, Reach Subsea to Form JV
MMT Group AB (Gothenburg, Sweden) and Reach Subsea AS, an integrated Subsea Service Provider (Haugesund Norway), have signed a Letter of Intent for the purpose of establishing a new Joint Venture within Offshore Survey Operations. The Parties have for some time, together with the engineering company
Veripos Names New Chairman
Veripos Inc., a company which specializes in precise navigation and positioning solutions, announces that it has appointed Eystein Eriksrud as Chairman. The announcement was made at the Board of Directors meeting which took place directly after the Annual General Meeting, on Friday 3rd May 2013. VER
Kongsberg Evotec to Supply Back Deck for New Seismic Vessel
Kongsberg Evotec AS, a Kongsberg Maritime company, will provide the complete back deck solution for handling of up to 20 streamers simultaneously aboard a GC Rieber owned new-build seismic exploration vessel, awarded by builder Kleven. The ST324XT designed by Skipsteknisk in Ålesund, will be built a
Songa Offshore Provides Rig Fleet Status Update for April 2013
Songa Offshore, a Cyprus-based drilling contractor, has announced its drilling rig fleet status update for April 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 month c
Lundin: Testing of Luno II Discovery Successful
Swedish oil and gas exploration and production company Lundin Petroleum has announce that the testing of the previously announced Luno II discovery has been successfully completed. The discovery is located in PL359 in the central North Sea sector of the Norwegian Continental Shelf (NCS) on the south
Petrobras Charters Siem Carrier PSV
Norway’s offshore support vessels owner Siem Offshore and Brazil’s state-run oil company Petrobras have entered into a charter agreement. The contract is for the PSV “Siem Carrier” for a firm period of four years and Petrobras has an option to extend the charter for four additional years. The gross
Technip Holds Naming Ceremony for Its Pipelayer ‘Deep Energy’
Technip officially named its latest new state-of-the art pipelay vessel on Friday at Florø, Norway. During the ceremony held at Westcon’s Yard, the Deep Energy was named by the vessel’s godmother, Patricia Pilenko, wife of Thierry Pilenko, Technip’s Chairman and Chief Executive Officer. Technip, Wes
Top News of The Week April 29 – May 4, 2013
*Woodside to Develop Browse Reserves Using Shell’s FLNG Technology *Petrofac Strikes Oil at Cendor, Malaysia *First Steel Cut for Cygnus Jackets. Project Creates 100 Jobs (UK)