Fossil Energy
Trelleborg Acquires Ambler Technologies (UK)
Trelleborg has, through its business area Trelleborg Offshore & Construction, signed an agreement and finalized the acquisition of the U.K. company Ambler Technologies Ltd. The company develops and produces composite materials that create strictly specified buoyancy and insulation properties in appl
Apply, Samsung Pen Martin Linge LQ Contract
Norway’s Apply has signed a final contract with South Korea’s Samsung Heavy Industries for the delivery of Living Quarters for Total’s Marting Linge field development in the Norwegian Sector of the North Sea. The contract was signed on April 5, two months after the two companies signed a letter of i
Wintershall Encounters 64m Oil Column at North Sea Well (Norway)
Wintershall Norge AS, operator of production licence 418, is about to complete drilling of appraisal well 35/9-8 on the 35/9-7 oil discovery (Skarfjell). Appraisal well 35/9-8 was drilled 1.8 kilometres north of the 35/9-7 discovery well. The 35/9-7 oil discovery was proven in 2012 in Upper Jurassic
Wood Group PSN Secures $150 Mln North Sea Contract from Total
Wood Group PSN (WGPSN) has secured a significant two year North Sea contract extension with TOTAL E&P UK Ltd (TOTAL). Based on historical turnover, the award is anticipated to be valued at USD $150 million. Under the contract, WGPSN will continue to provide engineering, procurement, construction and
Subsea 7 Bags 5-year Deal in Brazil for Its Kommandor 3000 Vessel
Subsea 7 S.A. (Oslo Børs: SUBC) today announced the award of a contract worth in excess of U$350 million from Petrobras. The contract is for the operation of the Pipe Lay Support Vessel (PLSV) Kommandor 3000 on a day rate basis for five years. Kommandor 3000 will start operations under the contract
FMC Technologies Wins Tyrihans Contract (Norway)
FMC Technologies, Inc. announced today that it has received an order from Statoil for additional subsea equipment for the Tyrihans field. The order has an estimated value of $47 million in revenue. The Tyrihans field is located in the Norwegian Sea in water depths of 984 feet (300 meters). This orde
Statoil, Socar Sign MoU for Exploration and Development of Zafar-Mashal Block
Statoil and SOCAR took a step forward in strengthening their cooperation by signing a memorandum of understanding (MoU) to jointly explore and develop the Zafar-Mashal structures in the Azerbaijani sector of the Caspian Sea. The agreement was signed in Baku, by Rovnag Abdullayev, President and CEO o
Subsea 7 Extends Skandi Seven Contract
Subsea 7 has extended the contract for Skandi Seven with one year from April 2013. Skandi Seven is a contruction and flexlay vessel, capable of operating in water depths up to 3,000 meters. The 2008 built vessel is equipped with a 250 mt crane and 2 ROVs. DOF Subsea owns a large fleet of modern [&he
Wartsila Designs Four PSVs for Malaysia’s Bumi Armada
Wärtsilä, the marine industry’s leading solutions and services provider, has been awarded a major contract to design a series of four multi-purpose platform support vessels (MPSVs) for Armada Offshore MPSV Limited, a wholly-owned subsidiary of Bumi Armada Berhad, a Malaysian-based international offs
Total Confirms Prospector 1 Drilling Contract Despite Delay
Prospector Offshore Drilling S.A., a high specification jack-up drilling contractor announced today that Total E&P UK Limited has acknowledged, by letter, that the PROSPECTOR 1 rig’s shipyard delivery date will be put off and has formally said that they will not terminate the charter contract which
Ithaca Energy Contracts ADTI for GSA Drilling (UK)
Ithaca Energy Inc. announces that it has contracted the services of Applied Drilling Technology International (“ADTI”), to manage development drilling and completion operations on the Greater Stella Area (“GSA”) under “turnkey” contract arrangements. ADTI is a subsidiary of Transocean, the world’s l
Dry Barents Sea Well for Repsol (Norway)
Gas shows were recorded in the Paleocene interval although no hydrocarbons were found in the Cretaceous and accordingly the well has been declared dry.
Lundin Makes ‘Potentially Significant’ Oil Discovery (Norway)
Lundin Petroleum AB has announced that the drilling of exploration well 16/4-6S on the Luno II prospect in the Norwegian part of the North Sea has resulted in a potentially significant oil discovery. The well is located in PL359 in the central North Sea sector of the Norwegian Continental Shelf (NCS
Top News of the Week April 1 – 6, 2013
Oil Firms Welcome UK’s Decision on Easier Foreign Workers Employment Oil and gas companies facing a chronic skills shortage have received a boost with news that the UK Government is to relax the rules on employing engineers from outwith Europe. Newfield Reports Largest Gas Discovery in Company’s H