Fossil Energy
TTS to Supply Offshore Cranes for Axis’ Accommodation Rig
TTS Group ASA has through its subsidiaries TTS Offshore Handling Equipment AS (OHE) in Norway and TTS Neuenfelder Maschinenfabrik GmbH (NMF) in Germany signed a contract for delivery of two offshore cranes worth approximately 50 MNOK. The contract is with COSCO Qidong Offshore co., Ltd shipyard in C
NPD Gives Nod for Statoil’s New North Sea Well
The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum AS a drilling permit for well 25/11-27, in the Norwegian part of the North Sea. Well 25/11-27 will be drilled from the Songa Trym drilling facility at position 58°14’15.78” north and 2°32’51.25” east after completing the drillin
BP Extends LWI Contract with Island Offshore
Island Offshore, a leading name in global Light Well Intervention (“LWI”) activities, has been awarded a major contract extension with BP Exploration Operating Company Ltd. The two-year contract extension, covering 2014 and 2015, has been awarded to Island Offshore and the North Sea RLWI Alliance, w
Aibel: Gudrun Platform Comes to Light (Norway)
This week the enormous Gudrun platform was moved out of the North Sea Hall at Risøy. This marks a new and important milestone for Aibel’s prestigious new structure. The platform is mechanically complete, and only testing and finishing work remains before sailing into the North Sea on 11 July. 1,700
Gazprom Neft Gets $1 Bln Loan (Russia)
Gazprom Neft signed a USD 1 billion term and revolving loan agreement with a group of banks. Funds available under the agreement are provided on an unsecured basis and shall be used for general corporate purposes of the company. The agreement comprises two loan facilities being an amortizing USD 700
Wood Group CEO to Address Safety Management at Piper 25, UK
Bob Keiller, chief executive of Wood Group, has been confirmed as the after-dinner speaker at a major three-day conference to commemorate the 25th anniversary of the Piper Alpha disaster. Sponsored by Chevron, the dinner will take place on Wednesday 19 June following the second day of the Piper 25 e
Fugro GEOS Recognised in RoSPA Safety Awards
Fugro GEOS has had its approach to occupational safety and health recognised with a Silver award in the RoSPA Occupational Health and Safety Awards, 2013. The scheme, run by the safety charity, the Royal Society for the Prevention of Accidents (RoSPA), dates back 57 years and is the largest and long
Statoil’s Lupin Well Comes Up Dry (Norway)
Statoil has informed its partners that drilling of the exploration well on the Lupin prospect in licence PL360 in the Norwegian sector of the North Sea is about to be completed. The well has not encountered hydrocarbons. Further operations in the area will focus on prospectivity in Upper and Middle
Top News of the Week April 15 – 20, 2013
VIDEO: Ulstein’s Stinger Handling System to Enhance Pipe-Lay Ops Norway’s Ulstein is currently customizing their innovative Chain type Stinger Handling system concept for three different companies on three different continents. The compact system improves both the vessel design and pipe-lay operatio
Sevan Drilling Drops Newbuild Options. Focuses on Marketing Rig Under Construction
Sevan Drilling, a Norway-based drilling contractor which owns a fleet of Ultra Deepwater drilling rigs of a specific cylindrical design, yesterday, during its Investor Day presentation announced it would not take options for the rigs 5. and 6. at Cosco shipyard. The company’s representatives said th
Lundin Cleared for Drilling in PL 501 (Norway)
The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for well 16/2-21, in the Norwegian part of the North Sea. The will be drilled from the Bredford Dolphin drilling rig at position 58°46’40.81’’ north and 02°36’38.77’’ east in production licence 501 after complet
Agility Wins Valemon Topsides Hook Up and Commissioning Job (Norway)
South Korea’s Samsung Heavy Industries has awarded a contract to Norway’s Agility Group for provision of various services related to hook up and commissioning of Statoil’s Valemon plaform in the North Sea. “The contract is very pleasing and strategically important for us. We have long focused on bui
Dutch Piet Brouwer Installs Electrical Systems on Four Heavy Lift Newbuilds
Piet Brouwer Electrotechnology in the Netherlands has received the order to supply and install the electrical installations on four newly built multipurpose heavy lift vessels. The Groningen yard Shipkits, part of the Centraal Steel group, is building the vessels for the Daniel Hartman shipping comp
BMT Appoints Two New Directors (The Netherlands)
To facilitate further growth and to support the Managing Director, BMT ARGOSS (BMT), a subsidiary of BMT Group Ltd, announced today the appointment of two new Directors. Both Directors will help to drive business improvements and further enhance the effective management of the company. Shane Amaratu