Fossil Energy
Wartsila to Design Six Offshore Support Vessels for COSL
Wärtsilä, the marine industry’s leading solutions and services provider, has signed a contract with China Oilfield Services Ltd (COSL) to supply the designs for a total of six new ships. The two Platform Supply Vessels (PSVs) and four Anchor Handling Tug Supply (AHTS) vessels will initially provide
Danish Technology to Improve Offshore Oil Recovery
The Danish National Advanced Technology Foundation has announced its subsidy to a project headed by Aalborg University endorsed by Maersk Oil and Ramboll Oil & Gas. The purpose of the project is to heighten production efficiency and increase oil recovery offshore. At the same time, the project will
TAP Gets More Time for ESIA Submission (Italy)
TAP has agreed with the Italian Ministry of Environment to extend the suspension of its Environmental & Social Impact Assessment (ESIA) application in Italy for an additional nine months – until September 2013. As part of its commitment to an open and transparent ESIA disclosure process, TAP launche
Scarabeo 8 Tilting: PSA Norway Discovers Serious Breaches of Regulations
The Petroleum Safety Authority Norway (PSA) has issued Saipem SpA Norwegian Branch (Saipem) a notification of order following investigation of the stability incident on the semi-submersible “Scarabeo 8” drilling rig on 4 September 2012. The investigation proved serious breaches of the regulations. O
PSA: Damage to Anchor Bolsters Found on Floatel Superior
Information about damage to anchor bolsters which could be significant for other mobile units has emerged from the PSA’s investigation of a stability incident affecting the Floatel Superior mobile accommodation unit on 7 November. The PSA has notified the industry of this. The following alert has be
PSA Inspects NAD’s Management of West Alpha Systems
During the period 29 October – 2 November 2012, the Petroleum Safety Authority Norway (PSA) carried out an audit of North Atlantic Drilling’s (NAD’s) management of major accident risk and barrier handling system on West Alpha. The objective of the activity was to evaluate the company’s understanding
SeaBird, Searcher Seismic in Joint Barents Sea Survey
SeaBird Exploration Plc (“SeaBird”) has partnered with Searcher Seismic Pty Ltd (“Searcher Seismic”) on the multi-client 12,000 km Snøspurv 2D high resolution seismic survey covering the Bjarmeland Platform in the Norwegian Barents Sea. The survey is scheduled to commence in Q2 2013 and is estimated
NPD: Twelve Discoveries Made in Norway in 2012
The Norwegian Petroleum Directorate has announced that so far this year, 12 discoveries have been made on the Norwegian shelf. Six of these were made in the North Sea, and three in the Barents Sea and the Norwegian Sea respectively. A total of 27 wildcat wells have been completed, giving a discovery
Ownership Changes in Aibel (Norway)
Ratos, a Swedish limited company with an industrial focus that invests principally in medium-sized to large unlisted Nordic companies, and the Sixth AP Fund together with the Norwegian industrial and financial group Ferd, have signed an agreement to acquire all the shares in Aibel, a leading Norwegi
North Energy ASA: Jette Discovery Not Commercial (Norway)
Drilling of exploration well 6607/12-3 on the Jette prospect in licence PL385 in the Norwegian Sea is about to be completed. According to a statement issued by North Energy ASA, the well has encountered gas, but preliminary calculations indicate that the discovery is not commercial. “More evaluation
Sinopec Buys 49 Pct of Talisman’s UK North Sea Business
Talisman Energy Inc. today announced the completion of its joint venture transaction with Addax Petroleum UK Limited (APUK), an indirect wholly-owned subsidiary of China Petrochemical Corporation (Sinopec Group) following receipt of government and regulatory approval. “We are very pleased to be part
VOS Sailor Severely Damaged, the Owner Says
Vroon Offshore Services has announced that its VOS Sailor ERRV has suffered severe damage following very rough weather conditions in the Balmoral Field off Aberdeen, UK, Saturday morning. As previously reported, one of the crew members on board the vessel has suffered fatal injuries as a result of t
Dana Petroleum Orders FPSO from COSCO Nantong?
China’s COSCO Nantong Shipyard Co. Ltd. today announced it has secured a contract valued over USD370 million from a European company to build an FPSO. The FPSO will measure 78 meters in diameter, 32 meters high and will have a storage capacity of up to 400,000 barrels of oil. The FPSO is scheduled f
Reef Subsea Completes Ormen Lange Job
Reef Subsea Dredging & Excavation announced today they have recently completed a fast track project for A/S Norske Shell on the Ormen Lange Mid North Development. From the initial seabed preparation contract, the company was awarded significant additional work on the project which lasted six months