Fossil Energy
Norway’s Aker Solutions Buys MPO Ltd.
Norway’s Aker Solutions has acquired Managed Pressure Operations International, Ltd. (MPO), a company that has successfully developed the next generation of continuous circulation, riser gas handling and managed pressure drilling systems. The acquisition places Aker Solutions at the forefront of tec
Havila Secures Contract Extensions for Its AHTS Vessels
Norway’s Havila Shipping has entered into new contracts with Statoil for AHTS vessels Havila Mars and Havila Mercury The Havila Mars contract is for a firm period of one year with one optional period for one year. The Havila Mercury contract is for a firm period of three years with three optional pe
Statoil Hires Normand Ferking
Solstad Offshore ASA (SOFF) has entered into a new contract with Statoil for hire of SOFF’s anchor handling vessel (AHTS) “Normand Ferking” “Normand Ferking” has worked on contract for Statoil since she was delivered from the shipyard in 2007. The duration of the new contract is firm for 3 years. In
North Sea Oil and Gas Industry Learning Centre Open (UK)
Fergus Ewing, the Minister for Energy, Enterprise and Tourism opened a new learning centre this week which makes practical, classroom and eLearning training delivered under one roof available to the regions North Sea oil and gas industry for the first time. The 3,800sqft Mintra Learning Centre at Ki
Agility Group Designing Semi-Sub Rig for COSL
Norway’s Agility Group recently signed a contract with China’s COSL for design of a semi-submersible drilling rig specifically designed for drilling operations in the South China Sea. The new rig is designed to operate in water depths of up to 1500 meters and the drilling depth of up to 9,000 meters
Trenching Begins for Corrib Field Umbilical. Nerby Vessels Advised to Keep Clear (Ireland)
The Department of Transport, Tourism and Sport announced that preparatory works for the installation of an offshore umbilical will be carried out from 54°20.34’N 011°03.51’W (Corrib Offshore Field Location) to 54° 17.00’N 009° 49.24’ W (landfall). The area of activity stretches along the route of th
MAN to Supply Turbomachinery to Statoil (Norway)
Norwegian energy company Statoil signed Framework Agreements with MAN Diesel & Turbo Switzerland for the supply of new turbomachinery equipment and maintenance services. The duration was set for five years with options to prolong the contracts. The Zurich-based MAN Diesel & Turbo Schweiz AG and Stat
Wintershall Sponsors Badger Explorer Drilling System
Badger Explorer ASA (“BXPL”) has signed a sponsorship agreement with Wintershall Holding GmbH, acting through Wintershall Norge AS (“Wintershall”), whereby the company will co-sponsor the development of the Badger autonomous drilling tool through the Badger Explorer Demonstrator Program. The Demonst
Petrobras Discovers Oil in Sagitario Well (Brazil)
Brazil’s state-run oil company Petrobras has confirmed the presence of good quality oil (31 º API) in ultra deep waters in the Santos Basin pre-salt while drilling well 1-SPS-98 (1-BRSA-1063-SPS), informally known as Sagitário. This is the first well to be drilled in the BM-S-50 block and is located
DECC Approves Maersk Oil’s Balloch Development Plan (UK)
Maersk Oil UK announced today that the company had received FDP (Field Development Plan) approval from the Department of Energy and Climate Change for the Balloch oil field, 140 miles north east of Aberdeen in the Central North Sea. Balloch, which Maersk Oil holds a 100% interest in, was discovered
Former Chancellor to Speak at an Annual Energy Dinner (UK)
Former Chancellor Alistair Darling will be the keynote speaker, alongside European Commissioner for Energy Gunther Oettinger and chief executive officer of Maersk Oil, Jakob Thomasen, at an annual energy dinner to be held in Aberdeen this week. The Rt. Hon Alistair Darling MP, who led the Exchequer
First Oil Flows from Statoil’s Hyme Field
On 25 February Statoil and its partners began production from the Hyme oil field in the southern part of the Norwegian Sea. Hyme is the second of Statoil’s 12 fast-track projects. “The field came on stream one month earlier than we assumed in the Plan for Development and Operation (PDO). The project
Trapoil: Magnolia Exploration Begins (UK)
Trapoil, the independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, announces that operations have commenced on the Magnolia (Licence P.1610, Block 13/23a) exploration prospect. The partners in Licence P.1610 are Da
GC Rieber Reports Best EBITDA in Its History
GC Rieber Shipping reports its best earnings before interest, taxes, depreciation, and amortization (EBITDA) in the company’s history for the fourth quarter 2012 and full year 2012. The company had stable operations, with high fleet utilization and solid contract coverage. The market outlook for adv