Fossil Energy
Gazprom Delegation Visits Kazakhstan
A Gazprom delegation led by Alexey Miller, Chairman of the Gazprom Management Committee visited the Republic of Kazakhstan. A working meeting between Alexey Miller and Nursultan Nazarbaev, President of the Republic of Kazakhstan took place during the visit. The parties discussed prospects for bilate
DNV Develops New Class Notation for Seismic Vessels (Norway)
DNV has developed a new class notation for seismic vessels in consultation with key industry players such as WesternGeco, PGS and Fugro-Geoteam. The need to have enhanced redundancy and proper deck arrangements to ensure continuous operation without loss of speed is the backbone of these new technic
Champion Technologies Supports Eni’s Goliat Development (Norway)
Champion Technologies has been awarded a contract by Eni Norge for the provision of production chemicals and associated technical services for the Goliat development in the Barents Sea in Northern Norway. The contract, worth over £3million {$5.5million} per year, has been agreed up until the end of
Statoil Charters Three Rigs for $1.6 Bln (Norway)
Statoil and its partners have entered into contracts for use of the Bideford Dolphin, Stena Don and Scarabeo 5 rigs on the Norwegian continental shelf. The contracts have a total value of NOK 9,17 billion (USD 1.6 billion) , excluding potential options. The rigs will be used for production drilling
Marathon Becomes Operator of Vilje Field (Norway)
Marathon Oil Norge AS has taken over the role as operator for the Vilje field in production licence (PL) 036 D offshore Norway. Vilje is a producing oil field located approximately 20 kilometres northeast of the Marathon operated Alvheim field in the Norwegian sector of the North Sea. The Vilje fiel
Seadrill Names New CEO. Management Agrees to Re-Locate (Norway)
The Board of Seadrill, one of the world’s largest drilling contractors, has announced plans to implement a new management structure to ensure continued safe and efficient operations and support its global strategy. Since acquiring Smedvig ASA in 2006 Seadrill has operated its management service comp
Helix ROV Support Vessel Ready for North Sea
Helix Energy Solutions Group’s newbuild charter ROV support vessel, Grand Canyon, recently completed sea trials and is ready to begin operations in the North Sea. During the sea trials the vessel’s propulsion system, dynamic positioning system and all her cranes were tested. The vessel recently comp
KKR Buys Acteon (UK)
Acteon Group Ltd, a UK-based offshore oil and gas services group has announced the acquisition of a majority interest in the company by an affiliate of Kohlberg Kravis Roberts & Co. L.P (together with its affiliates, “KKR”) from First Reserve, with management retaining a significant holding in the c
Statoil Orders Subsea Trees and Control Modules for Visund (Norway)
Aker Solutions has been awarded a contract by Statoil to deliver five subsea trees and eleven control modules to the Visund field on the Norwegian continental shelf. Contract value is approximately NOK 300 million. The agreement is a call-off from an existing frame agreement between Statoil and Aker
STX OSV Secures Contract for Delivery of Cable Laying Vessel
STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, has secured a contract for the design and construction of one Cable Laying Vessel (“CLV”) for an international client. The vessel will be of STX OSV’s own CLV 01 design. Deli
Giant Gudrun Module Completed in Thailand
Aibel yesterday celebrated the completion of the giant 6,000 tonne Gudrun module after a year and a half of intense activity and heavy lifting. The Gudrun modules that have been built in Thailand, are complete and ready for the journey to Haugesund. Gudrun is the largest module that has ever been bu
Scana to Supply Riser Parts to Gulf of Mexico
Scana Industrier ASA has through it’s daughter company Scana Subsea AB entered into a contract for delivery of riser components with a total value of 26 million SEK (USD 3.9 million). The riser components with lengths up to 18 meters will be delivered to the Gulf of Mexico. Production will start in
BP Extends Safe Scandinavia Contract at Valhall (Norway)
BP Norge AS has exercised the second of two one-month options, thereby extending Safe Scandinavia’s operations at Valhall field, located in the Norwegian part of the North Sea, until December 31, 2012. The value of the exercised option is approximately USD 9.3 million. Safe Scandinavia was built in
Aker Solutions to Provide Well Intervention Services to Danish Oil Major
Aker Solutions has signed a contract with Dong Energy to provide well intervention services for the oil company’s assets offshore Norway and Denmark. Under the contract Aker Solutions will deliver electrical wireline logging services and wireline tractor services at the oil and gas fields where Dong