Fossil Energy
Investcorp Acquires Hydrasun (UK)
The Investcorp Gulf Opportunity Fund – along with other affiliates of Investcorp, a leading provider and manager of alternative investment products, announced today that they have agreed to acquire a controlling stake in Hydrasun, an international provider of fluid control equipment and solutions fo
PTTEP Hires Fugro’s DP2 Vessel for Montara Platform Job
FUGRO-TSM, an operating company of Fugro Subsea Services, has been awarded the Montara Wellhead Platform Hookup and Commissioning contract from PTTEP Australasia (Ashmore Cartier) Pty Ltd. The contract is for the provision of a DP2 support vessel, complete with suitable accommodation, to host up to
AGR Provides Drilling Support for MOG’s Hagar Qim 1 Well (Malta)
Petroleum Services of AGR, part of the Oslo Stock Exchange listed AGR Group ASA (AGR) announced that through its Aberdeen Operations, the company has signed a Service Order with Mediterranean Oil & Gas plc. for the provision of full Well Management Services to include rig procurement, drilling engin
Aker Solutions to Provide Engineering and Hook-Up Services on Dagny, Norway
Aker Solutions has been selected as the provider of detail engineering and hook-up services for the Dagny platform in North Sea, Statoil, the operator of the field, has confirmed today. Aker Solutions is discussing with Daewoo Shipbuilding and Marine Engineering the final terms of a sub-contract to
Daewoo Building Dagny Topsides for $1.1 Bln
Statoil and its partners Total and Det norske have awarded South Korea’s DSME a contract to build the topsides for the Dagny platform, with Aker Solutions as a major sub-contractor. The total contract value is estimated to NOK 6.1 billion (USD 1.1 Billion). Daewoo Shipbuilding & Marine Engineering (
Songa Trym Receives AoC (Norway)
Songa Offshore’s troubled rig, Songa Trym, has now received its Acknowledgement of Compliance certificate and additional work and client acceptance testing of Songa Trym is now completed. The drilling contractor based in Cyprus said in a statement today that Songa Trym will be on stand-by rate while
Trapoil: Drilling Ops Start at Scotney Prospect (UK)
Trapoil, the independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, has announced that operations have commenced on the Scotney (Lence P.1658, Block 20/5b) exploration prospect. Tweedsmuir sands as the reservoir obj
Fairfield Successfully Concludes Darwin Drilling Campaign (UK)
Fairfield Energy, the North Sea-focused independent oil and gas company, has announced the successful conclusion of a three well drilling campaign in the Darwin area, consisting of one appraisal and two exploration wells. Under Fairfield’s operatorship, the Ocean Nomad rig drilled the two exploratio
Top News of The Week Feb 11 – 16, 2013
Top News of The Week Feb 11 – 16, 2013
Saipem Scoops Ivar Aasen Jacket Job
Det norske oljeselskap ASA has awarded Italy’s Saipem the contract for supply of the steel jacket for the Ivar Aasen platform. The contract is worth NOK 709 million. The steel jacket will be constructed in Arbatax, located on Sardinia. The height of the jacket, to be installed at a water depth of 11
Oil & Gas UK: Cash Prize for Innovation in Offshore Oil Leaks Prevention
The general secretary of the Scottish Trades Union Congress (STUC), Grahame Smith, will give the keynote address at this year’s UK Oil and Gas Industry Safety Awards. He will address a gathering of hundreds of the oil and gas industry’s most enthusiastic champions for offshore safety at a ceremony o
UK Gives Nod to Statoil’s Mariner Development Plans
The UK government’s Department of Energy and Climate Change (DECC) today announced their approval of the Field Development Plan (FDP) put forward by Statoil and its co-venturers for the Mariner heavy oil field. The project entails investments of more than USD 7 billion and is the largest new offshor
Norway Launches Licensing Round for Mature Areas
Today, the Ministry of Petroleum and Energy is announcing this year’s licensing round for mature areas on the Norwegian continental shelf – Awards in Predefined Areas (APA) 2013. The aim is to award new production licences in the announced areas at the beginning of 2014. “I am very pleased to announ
Transocean Wins $530 Mln Worth of Drilling Contracts
Transocean, a Switzerland-based international offshore drilling contractor, has announced it has secured new drilling contracts and extensions worth approximately $530 million. In its fleet status report, issued Thursday, the drilling contractor revealed it has been awarded new deals for its rigs Se