Fossil Energy
BP Wins Bidding for Deepwater Blocks Offshore Canada
BP on Friday notified that it was the successful bidder for four deepwater exploration blocks offshore Nova Scotia, Canada. The Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) announced that BP was the successful bidder for blocks five, six, seven and eight in the Call for Bids NS12-1. The bloc
Troll C Platform Still Shut, Statoil Says
Statoil today informed that production on the Troll C platform in the Norwegian sector of North Sea is still shut down due to corrosion found in a tank on the auxiliary system for gas treatment on 15 November. Statoil has now inspected the other tank in a parallel gas treatment system on the platfor
Breagh Start-Up Put Off Once Again (UK)
Start-up of production from the Breagh gas field project in the UK, originally scheduled for the second quarter 2012, has been delayed once again. According to Sterling Resources, which owns a stake in the UK North Sea project, the operator RWE Dea has now set an earliest first production date of th
Seadrill Buys Songa Eclipse Rig for $590 Million
Songa Offshore has agreed to sell the ultra deepwater semi-submersible rig “Songa Eclipse” to Seadrill. The rig is sold for net sale proceeds of USD 590 million. The ultra-deepwater semi-submersible rig was delivered from the Jurong Shipyard in Singapore in 2011, and is currently operating for Total
Noreco Updates on UK and Norwegian Operations
Norwegian Energy Company ASA (Noreco) provides the following update on its operational activities. The FPSO Voyageur Spirit has been on location at the Huntington field in the UK North Sea since 3 October 2012. Hook-up of risers, and completion and commissioning of the FPSO is now taking place. The
Costain Joins Oil & Gas UK
Costain has joined Oil & Gas UK as part of a continuous commitment to develop its upstream oil and gas business. Oil & Gas UK is the leading representative body of the UK offshore oil and gas industry with membership including ‘super-major’ oil companies and some of the largest engineering contracto
North Sea Project Could Create Large Customer Base for ViaLogy, CEO Says
ViaLogy PLC announces it has initiated work on a North Sea project for one of the largest geosciences companies. In developed fields such as the North Sea the challenge of locating additional deposits is a well-known impediment to continued economic production. Yet exploitable reserves remain if the
First Subsea Invests in Test Rig for Mooring Connectors (UK)
Subsea mooring connector (SMC) specialist, First Subsea has invested over £200,000 in new mooring connector test rig facilities at its production site in Lancaster, UK. The test-rig is being used in the manufacture of ‘next generation’ SMCs for industry leading, deepwater mooring projects: the Jack
Rolls-Royce Design & Equipment for Two Chinese PSVs
Rolls-Royce, the global power systems company, has won a £12 million order to design and equip two platform supply vessels (PSVs). The vessels will be built at Jiangsu Eastern Heavy Industries Co., Ltd. in China. Rolls-Royce UT 755 LN vessels are designed specifically for transporting solid and liqu
FMC Technologies to Supply Subsea Systems for Tyrihans Field (Norway)
FMC Technologies, Inc. announced today that it has received an order from Statoil for additional subsea equipment for the Tyrihans field, offshore Norway. The order has an estimated value of $39 million in revenue. This order covers the supply of two subsea trees and three choke modules. The equipme
Blue Ship, Atlantic Offshore Pen PSV Management Deal
Blue Ship Invest, a wholly-owned company in Norway’s Ulstein Group, has entered into an agreement with Atlantic Offshore on management of the third out of six platform supply vessel of ULSTEIN’s PX121 type design. Currently under construction at Ulstein Verft, the vessel is scheduled for delivery in
Ocean Rig Reports 3Q Net Loss of $12.2 Mln
Ocean Rig UDW, an international drilling contractor which specializes in the ultra-deepwater and harsh-environment segment of the offshore drilling industry today reported a net loss of $12.2 million for the third quarter 2012. In a press release issued today, Ocean Rig announced that the company’s
Corrosion Shuts Troll C
Production on the Troll C platform in the Norwegian part of the North Sea has been temporarily halted pending further investigation of corrosion found in the auxiliary system for gas treatment. During a scheduled inspection on the platform corrosion was discovered on a tank in the glycol system, whi
APPEA Slams Gov’t Cash Bidding Initiative (Australia)
The Australian Government plans to introduce cash bidding as a basis for awarding offshore exploration acreage in “mature areas”, Minister for Resources and Energy Martin Ferguson announced Wednesday. The move, described by the government as a positive one for the budget and all the Australians, was