Fossil Energy
Subsea 7 Wins $380 Mln Job at Aasta Hansteen Field
Subsea 7 S.A. today announced the award of a contract valued at approximately US$380 million from Statoil for the Aasta Hansteen gas field, located west of Bodø in the northern part of the Norwegian Sea. The contract comprises the design, coating, fabrication and installation of 19km of rigid flowli
Deep Down, Inc. Takes Part in Brazil’s Deepwater Projects
Deep Down, Inc., an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services today announced it has received orders totaling more than $4 million for equipment and services for deepwater projects offshore Brazil. The first or
Adria Winch Delivers PSV Equipment to Havyard
Adria Winch, a company specialized in deck machinery, with production facilities in Split, Croatia, has delivered anchor-mooring equipment for three Havyard’s new Platform Supply Vessels. The total value of the equipment ordered by Norway’s Havyard is estimated at approximately €550,000, according t
New Non-Executive Director Joins BG Group (UK)
BG Group today announced the appointment of Lim Haw-Kuang as a Non-Executive Director with immediate effect. Lim, 59, fills the vacancy left by Philippe Varin, who stood down from the board in February after almost seven years as a Non-Executive Director with BG Group. Commenting on the appointment,
SPE Conference Focuses on Africa’s Oil and Gas Market
The Society of Petroleum Engineers London Section (SPE London) today announced that Africa’s oil and gas market is a key focus for its upcoming conference and exhibition, which takes place on 22-23 May at Savoy Place in central London (UK). Africa in general has seen renewed interest in its energy s
UK Secretary of State for Energy & Climate Change Hails ROVOP
The UK Secretary of State for energy and climate change has hailed subsea services company ROVOP as ‘a leading specialist in its field’ and one which is ensuring that the country remains at the global vanguard of the energy industry. The Rt Hon Ed Davey was speaking as ROVOP announced that it had fu
AMEC Bags Clair Ridge HUC Gig (UK)
AMEC, the international engineering and project management company, has been appointed by BP and its co-venturers, Shell, ConocoPhillips and Chevron, to deliver the hook up and commissioning services (HUC) for the two new Clair Ridge platforms. The work, which is scheduled to run through to March 20
Singapore’s Temasek in Repsol Swoop
Temasek, from Singapore, has acquired the treasury shares currently held by Repsol, amounting to 5.04% of the company’s stock. The agreement comprises the purchase of 64.7 million Repsol shares from the company’s treasury stock, at 16.01 euros per share, representing a 1.036 billion euro payment to
Lamprell Welcomes New CEO
Lamprell, a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, announces that, further to its announcement of 3 December 2012, James Moffat has now taken up his role as Chief Executive Officer (CEO) for the Grou
TAQA: Hydrocarbon Release at Cormorant Alpha
TAQA, the global energy company based in Abu Dhabi, can confirm that a hydrocarbon release was detected in one of the Cormorant Alpha platform legs in the northern UK North Sea. It has now been contained with no further hydrocarbon release. The release remained within the platform leg and no hydroca
Repsol Starts Drilling at Darwin Prospect (Norway)
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway,has announced the spudding of the Darwin exploration well (7218/11-1) (Faroe 12.5%). The Darwin prospect is located on the
Top News of the Week Feb 25 – Mar 2, 2013
Read Top News of the Week Feb 25 – Mar 2, 2013
Production Starts from Centrica’s York Offshore Platform (UK)
UK’s Centrica Energy today announced that production had started from its York platform in the North Sea. The field, 100% owned by Centrica Energy Upstream (CEU), will produce around 120 million cubic feet (mmscfd) of gas per day at its peak. Gas will be exported via pipeline to CSL’s terminal in Ea
NPD: Norway’s Recoverable Resources Increased
The Norwegian Petroleum Directorate’s (NPD’s) resource account shows that the total recoverable petroleum resources are estimated at 13.6 billion standard cubic meters of oil equivalents (scm o.e.). New areas for southeastern Barents Sea and Jan Mayen are not included in the petroleum resource accou