Fossil Energy
Top News of The Week Feb 4 – 9, 2013
Top News of The Week Feb 4 – 9, 2013
Damen Buys Shipdock (The Netherlands)
Damen Shipyards Group has acquired Dutch ship repair yard Shipdock. Shipdock, a well-known shipyard group with roots dating back to 1877, operates facilities in Amsterdam and Harlingen. The yard will continue its ship repair and conversion services, with Shipdock Harlingen servicing ships up to 120
Shell, TPAO to Search for Oil in Black Sea
International oil giant Shell is expected to sign exploration and production sharing contract with Turkey’s state-run oil company TPAO, Reuters reported today quoting oil sector sources. Under the agreement, expected to be signed next week, the two companies will jointly search for hydrocarbons in t
Eni’s CEO Under Investigation Over Bribery Case in Algeria
The prosecutor of the Republic of Milan (Procura della Repubblica di Milano) has started an investigation for an alleged corruption involving Saipem’s and Eni’s activities in Algeria. Eni today announced that the investigation includes its Chief Executive Officer, Paolo Scaroni. According to Reuters
Subsea UK 2013: S3 Celebrates Successful Year Since New Enterprise Award (UK)
Aberdeen-based Specialist Subsea Services (S3), a provider of ROV, survey and vessel services to the international energy industry, is celebrating a successful year since winning Subsea UK’s New Enterprise award last year. Following this prestigious accolade, awarded in recognition of S3’s vision in
Boskalis Now Holds 42 Pct of Dockwise Shares (The Netherlands)
Royal Boskalis Westminster N.V. announces that it has acquired 659,869 ordinary shares in Dockwise (the Shares) in the course of trading today. All these Shares were acquired through Euronext Amsterdam and were purchased at an average price of EUR 18.50 per Share with a maximum price of EUR 18.50 pe
ConocoPhillips, Maersk Hire Noble’s New Jack-Ups
Noble Corporation, a Switzerland-based offshore drilling contractor for the oil and gas industry, has secured contracts for two of its newbuild rigs. The first contract is for the Noble Houston Colbert jack-up rig, currently under construction in Singapore’s Jurong Shipyard. Upon delivery, the rig w
Oceaneering’s Umbilicals for BP’s Quad 204 Development (UK)
Oceaneering International, Inc. has secured an order from BP Exploration Operating Company Limited (BP), a subsidiary of BP pl, to supply umbilicals for BP’s Quad 204 field development west of Shetland, United Kingdom. This order adds over $45 million to Oceaneering’s Subsea Products backlog. The or
Trap Oil Farms Into Trent East Terrace Area (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 details of its farm-in to the Trent East Terrace area and provide an operational update, principally in respect of certain of its pla
GC Rieber Shipping Sells Seismic Vessel (Norway)
Norway’s GC Rieber Shipping has agreed to sell the 2D seismic vessel “Polar Explorer” to an undisclosed client. The vessel has been sold at book value, and the transaction will have a positive cash effect of approximately NOK 45 million (USD 8.19 million). The “Polar Explorer” (previously “Geo Explo
Subsea UK 2013: EPC Offshore Wins Subsea Company of the Year title
An oil and gas concept development and project management company EPC Offshore has won the coveted Subsea Company of the Year title at the Subsea UK Business Awards 2013. The top accolade, which acknowledges excellence and achievement in the subsea industry, was awarded to EPC Offshore in recognitio
Subsea UK 2013: Innovation and Achievement Awards Presented
A host of successes within the subsea sector were celebrated last night at Subsea UK’s seventh annual awards ceremony, which aims to recognise innovation and outstanding achievements across the UK subsea industry. Sponsored by Forum Energy Technologies, the dinner attracted over 800 guests from acro
Heerema to Build Jacket for Statoil’s Dagny Development
Heerema Fabrication Group’s Vlissingen yard in the Netherlands last week signed the Letter of Award with Statoil for the engineering, procurement and construction of a fixed jacket for the Dagny field development in the central part of the North Sea. Following the award to HFG’s engineering firm HFG
Stork Names New HSSEQ Director for UK and Africa
Stork Technical Services, the leading global provider of knowledge-based asset integrity management services for the oil and gas, chemical and power sectors, has underlined its commitment to safety with the appointment of Steven Law to the role of HSSEQ Director – UK & Africa. Law takes on the posit