Fossil Energy
Exploration Director Leaves Rockhopper
Rockhopper Exploration plc, the North Falkland Basin oil and gas exploration company, announces that Dave Bodecott, Exploration Director, is retiring from the Board of Directors and will be leaving the Company on 31 January 2013. Pierre Jungels, Chairman of Rockhopper, commented: “Dave has made a hu
Simmons UK Completes $2.3 Billion Worth of Deals in 2012
Simmons & Co in Aberdeen today announced that it completed 14 deals in 2012 with a total value of $2.3billion, more than double the total value of deals completed by the firm in 2011. The Aberdeen office led these UK and international deals, which represent a significant share of the 48 M&A transact
VIDEO: Damen Launches PSV in Romania
Damen Shipyards Galaţi on January 18, 2013, launched the “World Diamond” Platform Supply Vessel. This vessel is part of a contract for 6 fully equipped PSV-s which have been ordered to Damen Group by the Norwegian owners from “World Wide Supply” company. The vessel is built in cooperation with Damen
Italy’s Fincantieri Completes STX OSV Acquisition
Italy’s Fincantieri, through its wholly owned subsidiary Fincantieri Oil & Gas S.p.A., has successfully completed the acquisition of 50.75% of STX OSV from STX Europe, at a price of SGD 1.22 per share, totalling approximately Euro 455 million (approximately SGD 730 million). In compliance with the r
EnQuest Increases Interest in Alba Oil Field (UK)
EnQuest PLC (‘EnQuest’) today announces that EnQuest’s wholly owned subsidiary, EnQuest Britain Limited has agreed with CIECO Energy (UK) Limited to acquire two of its affiliate companies which together hold a total of an 8% non-operated interest in the producing oil field Alba, in the UK Continenta
Huisman’s Offshore Mast Crane Nominated for Innovation of the Year Award
Huisman’s 5000mt Offshore Mast Crane aboard of Subsea 7’s flagship and strategic enabler ‘Seven Borealis’ has been nominated for the Innovation of the Year Award. The award winner will be revealed during the Annual Offshore Support Journal Conference on 19-20 February in London. The conference advis
Prosafe Secures One-Week Contract Extension for Safe Scandinavia (Norway)
Prosafe and BP Norge AS have agreed to further extend the Safe Scandinavia’s operations at Valhall field in the Norwegian part of the North Sea until 7th February 2013. The value of the seven-day contract extension is USD 2.1 million. Safe Scandinavia was built in 1984 at the Aker Verdal yard to an
PSA Inspects Stena Drilling’s Activities on Troll Field (Norway)
From 4 – 7 December 2012, the Petroleum Safety Authority Norway (PSA) carried out an audit of Stena Drilling AS (Stena) and the company’s activities with Stena Don on the Troll field. The objective of the audit was to verify that Stena ensures compliance with HSE requirements during activities with
Lundin Norway to Drill in PL 359 with Bredford Dolphin (Norway)
Lundin Norway AS has received consent to carry out exploration drilling with the Bredford Dolphin mobile drilling facility in block 16/4. The Petroleum Safety Authority Norway (PSA) has granted Lundin Norway AS consent to carry out exploration drilling of well 16/4-6S. The drilling activity is sched
Chevron Sponsors Badger Explorer Drilling Tool (Norway)
Norway’s Badger Explorer ASA has signed a sponsorship agreement with Chevron Energy Technology Company, a division of Chevron U.S.A. Inc. (“Chevron”), whereby the company will co-sponsor the development of the Badger autonomous drilling tool through the Badger Explorer Demonstrator Program. The obje
Wood Group PSN’s Chief Executive Outlines Future Plans (UK)
Wood Group PSN’s (WGPSN) new chief executive, Robin Watson has outlined his ambitions for Wood Group’s largest operating division. Watson (45), who served as the UK managing director of WGPSN for the last two years, has assumed his position as WGPSN chief executive, succeeding Bob Keiller, now CEO o
Eni Takes Operatorship of Vietnamese Offshore Blocks
Neon Energy Limited has announced that the Company’s farmout of Vietnamese exploration blocks 120 and 105-110/04 (“105”) to Eni Vietnam B.V. (“Eni”), a wholly owned subsidiary of Eni SpA, has received the full and final approval of Petrovietnam and the Government of Vietnam. The key commercial terms
Trapoil Enters Farm-In Agreement with Extract Energy (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 on 18 January 2013 it completed a farm-in agreement with Extract Petroleum Limited (“Extract”) with respect to the acreage awarded t
Tullow Completes Spring Energy Acquisition (Norway)
Tullow Oil plc (“Tullow”) announces the completion of its acquisition of Spring Energy Norway AS (“Spring”) that was previously announced on 11 December 2012. Roar Tessem, Spring’s CEO, will be Managing Director of Tullow’s Norwegian companies and will have responsibility for Tullow’s assets offshor