Fossil Energy
ESS, Compass Group to Provide Catering Services for Eni’s Goliat FPSO
Eni Norge is entering into a contract for the provision of catering and support services including kitchen and hotel on the Goliat FPSO. The contract also includes two onshore canteens for Eni Norge – at the company’s head office in Forus, and at its regional office in Hammerfest. In order to find p
Det Norske, Siemens Pen Ivar Aasen Equipment Supply LOI
Det norske oljeselskap ASA has signed a Letter of Intent for deliveries from Siemens. A final contract will comprise deliveries of a complete integrated electric power, instrumentation, controls and communication system related to the development of the platform for the Ivar Aasen field in the North
Shell Receives Well 6406/9-3 Drilling Permit
The Norwegian Petroleum Directorate (NPD) has granted A/S Norske Shell a drilling permit for well 6406/9-3, cf. Section 8 of the Resource Management Regulations. Well 6406/9-3 will be drilled from the Transocean Barents drilling facility in position 64°25’15.97″ north and 6°58’42.79″ east following
Dry Well For Lundin Off Norway
Swedish oil company Lundin Petroleum completed the drilling of exploration well 16/1-17 in PL338, offshore Norway. The well targeted the Jorvik prospect located in a separate basin directly east of the Edvard Grieg field. The well is dry, according to the Norwegian Petroleum Directorate. The main ob
Oil & Gas UK: Industry Adresses Skill Shortage
Oil & Gas UK’s chief executive, Malcolm Webb, has announced that, due to the forecasts of record investment in oil and gas production in the UK this year, there will be numerous job openings in the industry, therefore the industry will address the main issue which arises – skill shortage. Malcolm We
Hess Extends WilHunter Contract (UK)
Awilco Drilling PLC has signed a contract extension with Hess UK Ltd for the provision of WilHunter rig for additional work related to their 2013, 2014 and 2015 abandonment program in the Central North Sea. The contract is expected to commence in April 2013. WilHunter is one of Awilco Drilling’s two
Xcite Shares Soar on Statoil Bid Speculation (UK)
Shares of Xcite Energy Ltd today jumped 3.00% on speculation that Norway’s oil giant Statoil is thinking of launching a 2 GBP per share takeover offer, Daily Mail has reported. According to Daily Mail, Statoil is interested in the company’s Bentley field. The company did not immediately reply to an
EMAS AMC Secures Ivar Aasen Subsea Job Worth $165 Million
Singapore’s EMAS AMC, has been awarded an engineering, procurement, construction and installation (EPCI) contract, valued at approximately US$165 million, from Norway’s oil company Det norske.. Det norske is a key exploration and drilling operator on the Norwegian Continental Shelf. The contract is
Subsea 7 Net Income Rises
Subsea 7, a UK-headquartered offshore oilfield services provider, today reported net income for the 4Q 2012 of USD 149 million, an increase when compared to the same period in 2011, when the company reported a net income of $107 million. The revenue increased to $1,6 billion, compared to $1.4 billio
Bergen Group Bags AHTS Outfitting Job
Norway’s Bergen Group Fosen has signed a contract with NFDS Offshore 1 AS for outfitting and commissioning of a new and modern anchor handling tug supply vessels (AHTS). NFDS Offshore 1 AS is a subsidiary of Det Nordenfjeldske Dampskibsselskap AS, a company where BOA Offshore holds the majority shar
McDermott Buys DeepSea (UK)
McDermott International, Inc. has acquired all of the outstanding shares of the DeepSea operating companies. Terms of the purchase are not being disclosed. Headquartered in London, England, with engineering offices in Houston, Europe and Asia Pacific, DeepSea’s specialty services encompass subsea en
Boskalis 2012 Net Profit Slightly Declines (The Netherlands)
Royal Boskalis Westminster N.V. (Boskalis) achieved a record revenue of EUR 3.1 billion in 2012 (2011: EUR 2.8 billion). Net profit amounted to EUR 250 million, thus remaining virtually stable compared to 2011 (EUR 254 million). Despite the slight decline in net profit and a substantial increase in
DOF Subsea Sells Geobay to a Middle East Client
DOF Subsea Group has entered into an agreement where the 1978 built vessel Geobay is sold to a Middle East buyer. DOF said that the selling price is slightly above book value of the vessel. The sale is expected to be completed after the ongoing project utilizing the vessel is finalized in May 2013.
Østensjø Rederi Orders New Offshore Accommodation Vessel
Edda Accommodation, operated by Norway’s Østensjø Rederi, has placed an order for a new mono hull accommodation vessel plus one optional vessel at Hyundai Heavy Industries Co., Ltd. By placing this order Edda Accommodation is expanding the commercial and technical success of its existing accommodati