Fossil Energy
DeepOcean Wins Largest Contract in Its History
Norway’s DeepOcean AS (“DeepOcean”), a subsidiary of DeepOcean Group, has been awarded the single largest contract in the history of the company since it was founded in 1999. The contract is for a firm period of 5 years starting in the first quarter of 2014 with options for another 3 years and cover
Plexus Receives Best Oil and Gas Plc Award (UK)
Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, announced that it has been awarded the ‘Best Oil and Gas Plc’ award at the annual Stock Market Wire Awards, presented on 18 February 2013
CB&I Bags Aasta Hansteen Topsides Design Gig
CB&I announced today that it has been awarded a project valued in excess of US$180 million by HYUNDAI Heavy Industries Co., Ltd. (HHI). CB&I’s scope of work, which will commence in the first quarter, includes detailed engineering design and procurement services for the spar topside that is part of S
Chinese Oil Companies Eyeing Russian Upstream Projects
Rosneft President and Chairman of the Management Board Igor Sechin held a number of meetings with the heads of Chinese oil companies on 18 February as part of a working visit to China. Sechin held talks with CNPC General Manager Zhou Jiping. The two discussed prospects for hydrocarbon supplies to Ch
VIDEO: Research Ship Launched in Turkey
A research vessel “TÜBİTAK Marmara” was launched in Turkey on Sunday, February 17. The launching ceremony was held at Tuzla Shipyard. The TÜBİTAK Marmara is the first vessel of its kind built in Turkey. It will be used for scientific as well as for oil & gas exploration. The 41.2 meters long and 9.5
Dron & Dickson to Conduct Electrical Inspection of SBM Offshore’s Assets
Dron & Dickson, specialists in design, supply and maintenance of hazardous area electrical equipment, has secured a contract with SBM Offshore. The project will see Dron & Dickson carry out electrical inspection and maintenance on SBM Offshore’s assets. The Global Frame Agreement began in late 2012.
Germany’s Man Wins Petrobras FPSO Equipment Contract
Six two-stage screw compressor units for six offshore oil production installations, known as FPSO (floating production, storage and offloading) units, have been ordered from MAN Diesel & Turbo for Brazilian energy company Petrobras. Acting as contractor here for the first time is MAN Diesel & Turbo
Island Offshore Wins Charter for Island Champion PSV
Norway’s Island Offshore has announced that Team Marine has declared the second, of five, one year option on the large platform supply vessel MV Island Champion. The vessel has been on charter with Team Marine since she was delivered in 2006 and is presently supporting the Captain oil field at the U
BMT Advises UKCS Operators on Environmental Regulations
BMT Cordah (BMT), a subsidiary of BMT Group, the leading international maritime design, environmental and engineering consultancy, has recently supported several major companies including Endeavour Energy UK Ltd, in their applications for the latest UK Oil and Gas Licensing Round. The 27th Offshore
Halliburton to Provide MLT Technology for Statoil’s Offshore Fields
Halliburton has been selected by Statoil to provide multilateral technology (MLT) for two mature fields offshore Norway. The three-year frame agreement includes two optional periods of two years each and has an estimated value of more than $200 million. The new FlexRite® Multibranch Inflow Control (
Inocean Develops Arctic Drillship
Inocean has developed an Arctic Drillship – based on the companies’ modern and effective INO-80 concept. The new unit has been named IN-ICE. The ship is completely enclosed and winterized, is environmentally friendly, and has enhanced logistics/ storage facilities. The ice class is for a substantial
Balin to Drill in Baltic Sea Using Ocean Nomad Semi (Latvia)
Balin Energy SIA, a company co-owned by PKN ORLEN – ORLEN International Exploration and Production Company B.V and Kuwait Energy Company Netherlands Cooperatief U.A., is planning to drill its first vertical well in the Northern Block of Latvia’s economic zone. Having interpreted and integrated the c
NBGI Acquires Cosalt Offshore Operations (UK)
NBGI Private Equity, investor in Aberdeen-based ATR Group, has acquired the Aberdeen and Norway operations of Cosalt Offshore. This will bring together Cosalt’s technical leadership in offshore lifting, combined with its comprehensive offshore inspection, testing and safety service with ATR’s highly
Statoil Awards Polarled Pipeline Contracts Worth $722 Mln (Norway)
Statoil has awarded Marubeni Itochu/JFE contracts for fabricating linepipe for the Polarled pipeline, Wasco for applying coating, and Allsea for pipelaying. The coating contract include the establishement of a new production base in Mo i Rana, Northern Norway.Estimated contract value for the three c