Fossil Energy
Hydrasun’s New Manager to Boost Subsea Sales (UK)
Hydrasun, a leading specialist provider of integrated fluid transfer, power and control solutions to the global energy market, announces the appointment of Steve Hanson as business development manager to further drive the company’s sales growth plans within the subsea marketplace both in the UK and
Ulstein CEO: “Good result in a demanding market” (Norway)
Norway’s Ulstein Group today reported an operating income for 2012 of NOK 2.27 billion and an operating profit of NOK 228 million. “We deliver a good result in a demanding market thanks to our competent and hardworking employees and an organisation that provide for execution and delivery precision.
Seadrill Appoints New Board Members
Seadrill Limited, one of the worlds leading offshore drilling contractors, announced today that Bert Bekker and Paul Leand Jr. have been appointed to its board of directors to fill vacancies that exist on the Board. Bekker has worked in the heavy marine transport industry since 1978, as both a direc
Rosneft CEO Visits GE’s Facilities in UK
Igor Sechin, Rosneft President, Chairman of the Management Board visited GE Offshore and Underwater Hydrocarbon Production Department in the Scottish city of Aberdeen as part of a series of Rosneft delegation visits to GE production and engineering facilities. During the visit Rod Christie, Vice Pre
Hurricane Hires Rig for Lancaster Appraisal Well (UK)
Hurricane Energy plc has taken assignment of a rig contract between Transocean and ATP for the provision of the GSF Arctic III semi-submersible drilling rig, for a one well slot, to be utilised in drilling and testing the Company’s Lancaster basement oil discovery, located 60 miles West of Shetland.
Quest: Increased Deepwater Activity Boosts Global Offshore Fabrication
Over the next five years, Quest expects an 88% growth in floating production system (FPS) award levels illustrating a strong resurgence of investment in high-capital, major deep water developments. This growth coupled with current high levels of offshore rig construction will buoy oil & gas related
Update: Aibel Reveals Name of Worker Killed in Yard Accident
After it was earlier today reported that a person has died at Aibel’s Haugesund yard, the company has released the following press release. “26 year old Solberg Andersen worked in Solutions & Services in Haugesund. He has been with the company since 2006, and was residing in Haugesund. Employees who
UK Government Approves Cladhan Field Development Plan
TAQA today announced that the development plan for its Cladhan field (Blocks 210/29a and 210/30a of the northern North Sea) has been approved by the UK government. The initial phase of development will consist of two producer wells and one injection well. Cladhan is expected to produce over 17,000 b
ABB Achieves “Satisfactory Start to 2013”
ABB today reported its first-quarter 2013 results, highlighting revenue growth and improved operational profitability despite a weak business environment. “Given the continued uncertainties in the global economy, this is a satisfactory start to 2013,” said ABB Chief Executive Officer Joe Hogan. “We
Excelerate Energy to Place FSRU in the Black Sea (Ukraine)
American LNG solutions company Excelerate Energy will place a floating storage and regasification unit (FSRU) in the Black Sea near the southern Ukrainian city of Odesa. Such is the outcome of the agreement signed between the company and the Ukrainian state enterprise LNG Terminal National Project,
Det norske CEO Steps Down on May 1st (Norway)
Sverre Skogen will as of May 1st take on the position as Executive Chairman in Det norske oljeselskap ASA until a new CEO has been appointed. Erik Haugane will step down as CEO on May 1st, not on 1st August, as previously announced. Haugane will act as advisor and be available for the company until
Viper Subsea Revenues Increase by 60 Pct (UK)
Viper Subsea has seen revenues rise by 60% in the last financial year and is expecting similar or greater increase in this financial year as the innovative Bristol based company continues to enjoy rapid year-on-year growth. Established in 2007 with a remit to provide the subsea oil and gas market wi
FoundOcean Full Year 2012 Profit Rises 51% (UK)
Scottish-based FoundOcean, the world’s largest dedicated offshore construction grouting company, has announced its 2012 year-end results which saw turnover hitting £17.9 million, up 51% on the previous year. FoundOcean’s Managing Director, Jim Bell sheds light on how the company has recorded success
COSL Orders New Seismic Vessel (China)
On 22 April 2013, China Oilfield Services Limited (“COSL” or the “Company”) signed an agreement to commission construction of 12-Streamer Seismic Vessel, HYSY721 by Shanghai Shipyard Co. Ltd. HYSY721 will be a large-scale dual-source deepwater seismic vessel, which will primarily engage in deepwater