Fossil Energy
TPAO Buying Polarcus Samur Seismic Vessel (Turkey)
Polarcus Limited has been invited to enter into final negotiations with the Turkish Petroleum Corporation (“TPAO”) over a long-term collaboration arrangement between the parties, which will include the sale and reflagging of the 8-streamer 3D seismic vessel Polarcus Samur combined with the provision
Putin Marks the Start of South Stream Project
Russian President Vladimir Putin marked the start of the South Stream Project on Friday, December 7, through a symbolic welding ceremony during celebrations near Anapa, on the Russian coast of the Black Sea. The event, named “South Stream – Welding the Partnership”, celebrates the Russian-European c
Westcon Prepares Double STX Swoop (Norway)
Westcon Group, a Norwegian company specializing in building and upgrading ships and offshore rigs, has signed a letter of intent to buy all shares in the shipyard STX Norway Florø and the design company STX Norway Design Florø. Westcon Group said on it website that the company wishes to broaden the
Apply Sørco Bags Goliat Field Job (Norway)
Eni Norge has awarded Apply Sørco with a Maintenance and Modifications contract for the Goliat project in the Barents Sea, offshore Norway. This is the third major operational contract awarded to a contractor with a local presence in Finnmark. The contract covers engineering support, studies, and ma
International Offshore Rigs Down by 2 in November
Baker Hughes Incorporated announced today that the international rig count for November 2012 was 1,267, up 8 from the 1,259 counted in October 2012, and up 82 from the 1,185 counted in November 2011. The international offshore rig count for November 2012 was 300, down 6 from the 306 counted in Octob
Oil & Gas UK’s Briefing Addresses Impacts of New Energy Reform Legislation
Oil & Gas UK’s final London breakfast briefing of 2012 on 12 December, sponsored by Herbert Smith Freehills and The Royal Bank of Scotland, will shed new light on the potential impacts of the UK Government’s draft Energy Market Reform legislation and Gas Strategy on the UK and European gas markets.
BMT ARGOSS Assists Kazakhstan O&G Industry Extend Works
BMT ARGOSS, a subsidiary of BMT Group Ltd, is helping the Kazakhstan oil and gas industry to extend its summer working window by identifying unseasonably good weather in time for customers to take benefit. The BMT ARGOSS weather forecasting department in Atyrau is currently forecasting record high t
Rigmar Acquires Riverside Engineering (UK)
A leading international oil and gas services firm has bought one of Dundee’s longest established fabrication companies in a six-figure deal. Rigmar Services, which is headquartered in Aberdeen, has acquired the majority share in Riverside Engineering, which will now be rebranded as Rigmar Fabricatio
Claxton Develops New System for Ekofisk Operations (Norway)
Claxton Engineering Services Ltd, an Acteon company, has developed a novel support system for conductor casing operations at ConocoPhillips Norway’s Ekofisk field. The first commercial application of this new system is currently in progress. The initial work scope for the system is six wells this ye
Wärtsilä to Supply LNG Package for Harvey’s OSV
Wärtsilä, the marine industry’s leading solutions and services provider, has been awarded another contract to supply a complete liquefied natural gas (LNG) package, including the propulsion, auxiliaries and controls, for a new offshore support vessel designed by STX Marine, Inc. The ship has been or
Rosneft, ExxonMobil Ink Declaration on Russian Arctic Shelf Environmental Protection
ExxonMobil and Rosneft today signed a Declaration on Protection of the Environment and Biodiversity for Oil and Gas Exploration and Development on the Russian Arctic Continental Shelf. The declaration was signed during a meeting between Igor Sechin, president and chairman of the management board of
Adriatic Oil in UK North Sea Farm-In
Adriatic Oil Plc has entered into a 25% Farm-In to Seaward Production Licence P1921 in relation to Blocks 12/18 and 12/19c (the “Licence”), which are located in the Inner Moray Firth area of the UK’s North Sea. Adriatic has also secured an option whereby, for an increased capital commitment, the Com
Antrim to Submit Fyne Field FDP in January, 2013
Antrim’s work on a Field Development Plan for the Fyne Field in UK Central North Sea Licence P077 Block 21/28a is on track for submission to DECC in January 2013, the company today said. As announced on November 13, 2012, a Heads of Terms agreement has been signed with Hummingbird Production Limited
Subsea 7 Assists with Schiehallion FPSO Removal
Subsea 7, a global leader in seabed-to-surface engineering, construction and services to the offshore energy industry, has been awarded a BP project, worth approximately $30 million, under the SCIRM Frame Agreement Contract to support the redevelopment of the Schiehallion Field, west of Shetland. Th