Fossil Energy
Eni, Petrovietnam Sign MoU (Italy)
The President and CEO of the Vietnamese national oil company PetroVietnam, Do Van Hau, and Eni CEO Paolo Scaroni signed a Memorandum of Understanding for the development of business opportunities in Vietnam and abroad, in Rome today. The agreement was signed after a meeting between Italian Prime Min
Reef Subsea to Flourish in New Premises, CEO Says (UK)
Reef Subsea announced today they have secured new premises in Aberdeen, Scotland, to gather their local teams and operations under one roof namely ‘Reef Subsea House’, located within Altens Industrial Estate, south of the city. The bespoke building will support Group’s companies to continue to devel
RWE Dea Offered License Operatorship in Norwegian Sea
In the Awards in Predefined Areas 2012 (APA 2012), the Norwegian Ministry of Petroleum and Energy has offered RWE Dea Norge two new production licences, one of which is an operatorship. New Production Licences: PL694 and PL682 RWE Dea Norge will become operator of a new production licence (PL) with
Det Norske Pleased with APA 2012 Results (Norway)
Last week, the Ministry of Petroleum and Energy announced the award of production licenses in the 2012 Awards in Predefined Areas (APA) licensing round, encompassing mature areas on the Norwegian Continental Shelf. Det norske oljeselskap ASA was awarded eight new licenses, three of three as operator
BG Hires Safe Bristolia for UK North Sea Support Ops
Prosafe has been awarded a contract by BG International Limited for the provision of the Safe Bristolia accommodation support rig at the Everest Platform in the UK sector of the North Sea. The two firm periods of the contract are 197 days in both 2014 and 2015, with on-site operations planned to com
Viking Supply Ships Reduces Staff. Seafarers Untouched (Denmark)
The management of Viking Supply Ships A/S (VSS) has proposed a new organizational structure for the Danish-based offshore supply company. The move has been described as a way for the company to remain competitive and meet the weak offshore supply market. VSS has its head office in Copenhagen and add
Fabricom Secures Alvheim FPSO Job (Norway)
Fabricom AS, a GDF SUEZ Energy Services company, has secured a contract by Marathon Oil Norge AS for provision of maintenance and modification services for the company’s Alvheim floating production, storage and offloading (FPSO) operations. Under the agreement, Fabricom will provide engineering stud
Exploration Costs to Hit 4Q 2012 Profit, Lundin Says (Sweden)
During the fourth quarter of 2012 Lundin Petroleum, a Sweden-based oil and gas exploration and production company, achieved a production rate of 35,900 barrels of oil equivalent per day (boepd) resulting in production for the full year of 35,700 boepd. The average Brent oil price for the fourth quar
Island Offshore Secures PSV Charter Deal with BP (Norway)
BP Norge AS, the Norwegian subsidiary of UK’s oil giant BP, has decided to extend a contract for the Island Chieftain Platform Supply Vessel. According to Island Offshore, the owner of the vessel, the Island Chieftain has again proven the UT 776 design by being awarded a 5-year contract. The MV Isla
Subsea 7 Wins $135 Mln Pipeline Bundle Contract from Shell (UK)
Subsea 7 S.A. today announced it has been awarded a project worth approximately US$135 million by Shell U.K. Ltd as part of Shell’s Fram oil and gas development in the Central North Sea. The project encompasses the engineering, procurement, fabrication and installation of a 4.5km pipeline bundle of
Production Resumes at Causeway Field, Antrim Says (UK)
Production has resumed from Antrim’s Causeway Field (Antrim 35.5% interest) in the Northern North Sea, following a shut-in period of three days. The nearby Cormorant East Field (Antrim 8.4% interest) is expected to resume production in the next few days. This announcement is further to the announcem
Heerema’s Aegir Heads for The Netherlands
On January 16, Heerema Marine Contractor’s new Deepwater Construction Vessel Aegir set sail for the Netherlands after almost 19 months of construction at the Daewoo Shipbuilding and Marine Engineering (DSME) yard in Okpo, South Korea. After a short stopover in China, where Aegir will load the first
South Korea’s HHI Wins Aasta Hansteen Topsides Order from Statoil
South Korea’s Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder and leading offshore facilities contractor has announced the Company, as a sole EPIC contractor, won a USD 1.1 billion order for the topside facility to be installed on the Aasta Hansteen spar hull, also being built by HHI
Talisman Hires Island Challenger PSV (Norway)
Island Offshore, a Norwegian owner of offshore support vessels, announced that it has secured a contract for its platform supply vessel, the MV Island Challenger. Island Challenger will complete her present charter with Statoil Petroleum AS in September 2013, where she has been a part of Statoil’s P