Fossil Energy
Melkøya Expansion Will Have to Wait, Snøhvit Partners Decide (Norway)
The owners in the Snøhvit license have decided to stop the work on a possible capacity increase on Melkøya. The license has concluded that the current gas discoveries do not provide a sufficient basis for further capacity expansion. The license has not determined whether LNG or a pipeline solution i
Technip Awarded Dalmatian Field Contract (USA)
Technip was awarded by Murphy Exploration & Production Company – USA a lump sum contract for the development of the Dalmatian field, located in the Gulf of Mexico, at a water depth ranging from 530 to 1,800 meters. This field, jointly owned by Murphy and Ecopetrol America Inc., is comprised of the D
MAN, Petrobras Continue Collaboration Offshore Brazil
MAN Diesel & Turbo SE, the leading international manufacturer of large-bore diesel engines and turbomachinery, has concluded a long-term service agreement with the Brazilian energy group Petroleo Brasileiro (Petrobras) for the maintenance, repair and operational support of 20 MAN THM gas turbine tra
CBI Nabs $80 Mln Offshore Engineering Contract in Europe
CB&I, a Houston-based engineering, procurement and construction (EPC) company on Thursday announced it had secured an $80 million contract for an offshore engineering project in Europe. The scope of work includes detailed engineering design as well as the provision of procurement services. The work
Aker Solutions Opens Doors to Young Talent
Aker Solutions today opens up the application period for its prestigious two-year International Talent Programme. This year the talents will be selected from Brazil, Malaysia, Norway, UK and USA. The programme is an intensive two-year on-the-job learning experience, consisting of three eight-month a
Dana Petroleum Becomes Operator of Triton FPSO (UK)
Today, Dana Petroleum (E&P) Limited, a wholly owned subsidiary of Dana Petroleum plc (Dana) takes over the operatorship of the Triton floating production storage and offloading vessel (FPSO) from Hess and Dana acquires Hess’ 28.28% stake in the Bittern field, increasing Dana’s share in the field to
Floatel Completes $200 Mln Bond Issuance (Sweden)
Floatel International Ltd has successfully completed the issuance of USD 200 million in the Norwegian bond market, with maturity October 2017. The offering was oversubscribed. As previously announced, the proceeds from the bond issue will be used to refinance existing debt and to fund the Company’s
Marathon Allowed to Use Vilje Field Facilities (Norway)
The Petroleum Safety Authority Norway (PSA) has granted Marathon Oil Norge AS (Marathon) consent to use the facilities on the Vilje field in connection with the company assuming operatorship from Statoil as of 1 October 2012. A change of operatorship entails that the new operator must apply for cons
Aker Solutions, Statoil Pen Agreement for Wireline Tractor Services (Norway)
Aker Solutions has been awarded a four-year frame agreement from Statoil for delivering wireline tractor services on the Norwegian continental shelf. The frame agreement is valid for four (4) years from 2013 to 2017, with two additional two-year options (2+2). Aker Solutions will deliver well interv
EMGS Starts Multi-Client Survey Offshore Shetlands
Electromagnetic Geoservices ASA (EMGS) has commenced a fully pre-funded multi-client survey in the West of Shetland area. The vessel Atlantic Guardian will acquire controlled-source electromagnetic (CSEM) and magnetotelluric (MT) data for a minimum of three weeks in an area where basalt layers make
Voyageur Spirit FPSO En Route to UK North Sea
Sevan Marine ASA has announced that the tow of the FPSO “Voyageur Spirit” from the Nymo upgrade yard at Eydehavn, Arendal to the Huntington Field in the UK sector of the North Sea has commenced. The “Voyageur Spirit” let go of the moorings at 07:50 hrs Sunday morning, September 30, and is estimated
Finalists of Oil & Gas UK Awards Announced
The finalists for the Oil & Gas UK Awards, sponsored by Shell U.K. Limited, have been announced. This year’s awards are set to be the most hotly contested yet, after a record number of entries were submitted across the five categories. The prizes will be awarded at the annual awards ceremony at Aber
Norway: Bridge Farms Down Interest in PL497 and PL497B
Bridge Energy ASA has through its wholly owned subsidiary Bridge Energy Norge AS (“Bridge”) completed the agreement with Agora Oil & Gas AS (“Agora”) which is 100% owned by Cairn Energy PLC (“Cairn”), for the farm-down of a 15% working interest in production licences PL497 and PL497B on the Norwegia
France: BOURBON Employees Acknowledged for Good Practices in Operational Safety
Each year, BOURBON’s operational affiliates with a zero-incident rate are rewarded by the Group for their efficient preventive safety management. In 2009, BOURBON launched an incentive program to recognize the outstanding performance and best practices of its affiliates in terms of operational safet