Fossil Energy
Statoil Makes Significant Gullfaks Find (Norway)
Statoil and partner Petoro have proven considerable additional resources in the Shetland Group/Lista Formation in the Gullfaks licence, offshore Norway. The Shetland Group and the Lista Formation are younger and slightly shallower deposits with different properties compared to the deposits of the Br
Court Approves Ithaca-Valiant Transaction (UK)
The Board of Directors of Valiant Petroleum has announced that the High Court of Justice of England and Wales has today, 18 April 2013, made an order (the “Court Order”) sanctioning the Scheme by which the acquisition of Valiant by Ithaca Energy Holdings (UK) Limited, a wholly-owned subsidiary of It
Deloitte: ‘Brighter summer expected for North Sea after long winter’
The UK’s prolonged winter muted drilling and deals growth in the North Sea after a strong finish to 2012, according to a new report from Deloitte, the business advisory firm, into offshore activity. The report, compiled by Deloitte’s Petroleum Services Group (PSG), tracks upstream activity across No
4th European Well Abandonment Seminar Held in Aberdeen, UK
Oil and gas industry professionals are meeting today at the 4th European Well Abandonment Seminar in Aberdeen, where key information are being given on updated regulations affecting UK and Norwegian operations. This year’s event is hosting keynote speakers Paul Dymond of Oil & Gas UK and Andrew Carr
Second Irish Farm-In for Kosmos Energy
After it was earlier today announced that Kosmos Energy Ltd. had entered into a farm-in agreement with Europa Oil & Gas for Europa’s licences offshore Ireland, Kosmos has confirmed entering into another similar agreement with Antrim Energy Inc. Under the agreement Kosmos will acquire a 75 percent pa
Bayern Awards Well Management Job to Acona AS
Norway’s Acona AS has been awarded long term Well management agreement with Germany’s Bayerngas. Acona’s planning of the first Bayerngas-well will probably start in the autumn. The agreement also provides Acona opportunity to work for Bayerngas’ operations in the UK. “The agreement consolidates Acon
VIDEO: ‘Lewek Inspector’ Hull Launched in Turkey
Turkish Cemre Shipyard last week hosted a launching ceremony for the hull of the “Lewek Inspector” Diving Support Vessel. At the ceremony, Forland Shipping CEO Arne Magnus Johnsen cut the ribbon with an axe, sending the hull into water. The vessel, ordered by Forland Shipping from Havyard Group last
Parat Hosts Seminar on Tank Heating Solutions for Supply Vessels (Norway)
Parat Halvorsen AS has this week gathered key personnel from the maritime industry to a technical review and discussion of tank heating solutions for supply vessels with NOFO notation. Technical and operational persons from shipyards, shipowners, consultants and the NCA (Norwegian Coastal Administra
Kosmos Farms Into Europa’s Licences Off Ireland
Europa Oil And Gas has announced a farm-in agreement with a subsidiary of the independent oil and gas exploration and production company Kosmos Energy Ltd for its two Licencing Options LO 11/7 and LO 11/8 in the South Porcupine Basin offshore Ireland. Under the terms of the agreement, Kosmos will: *
Wärtsilä:1Q Order Intake Up 22 Pct
Finland’s Wärtsilä expects its net sales for 2013 to grow by 0-10% and its operational profitability (EBIT% before non-recurring items) to be around 11%.
BP Charters Two PSVs from Viking
Viking Supply Ships Ltd has entered into a contract with BP UK for two Platform Supply Vessels: Idun Viking and SBS Tempest Idun Viking is fixed firm until July 31, 2013 plus options with start the end of March 2013. SBS Tempest is fixed firm until January 31, 2014 plus options with start in direct
HitecVision Buys Deep Sea Mooring from Odfjell Drilling
Odfjell Drilling has agreed to sell Deep Sea Mooring to HitecVision. Deep Sea Mooring (DSM) was established by Odfjell Drilling in 2008. DSM has been developed from an in-house mooring service provider to one of three providers of mooring services to E&P companies and rig owners in Norway. The compa
AMEC to Support Forties Pipeline System for Two More Years (UK)
AMEC, the international engineering and project management company, has been awarded a two-year integrated services contract renewal by BP to provide operations, maintenance and project support to the Forties Pipeline System (FPS) in the North Sea. The contract is valued at between £10 million and £
Sea Falcon PSV Named in Aberdeen, UK
Sinopacific and Deep Sea Supply together held a naming ceremony for the first PX105 platform supply vessel (PSV) among 12 ones contracted between the above shipbuilder and ship owner, on April 16 in Aberdeen UK, a seaport city on the North Sea. Madame Dana House named this vessel as “SEA FALCON”. De