Fossil Energy
Switzerland: Transocean Announces Management Changes
Transocean Ltd. announced that effective October 1, 2012, Ihab Toma has been named Executive Vice President, Chief of Staff. In addition to continuing to oversee the company’s worldwide marketing effort, Mr. Toma will assume responsibility for Human Resources, Global Supply Chain, and Information Te
Saipem Wins USD 200 Mln Worth Drilling Contracts (Italy)
Saipem has been awarded new offshore and onshore drilling contracts worth approximately $200 million. In offshore drilling, Saipem has been awarded by NDC a contract for the charter of Perro Negro 3 for drilling activities offshore Abu Dhabi, for a period of 36 months starting from the first quarter
Italy, Greece and Albania Confirm Political Support for Trans Adriatic Pipeline
The governments of Italy, Greece and Albania confirmed their political support for the Trans Adriatic Pipeline (TAP) project with the signing of a Memorandum of Understanding (MoU) yesterday evening. Concluded on the margins of the United Nations General Assembly meeting in New York, and in the pres
Brazil: Petrobras CEO, UK Prime Minister Discuss Cooperation Opportunities
This Thursday Petrobras’ CEO, Maria das Graças Silva Foster, welcomed United Kingdom Prime Minister, David Cameron, to the Company’s main office building in Rio de Janeiro. The aim of the visit, which also included a delegation of British businessmen, was to discuss possible opportunities for busine
UK: Archer Awarded Platform Drilling and Maintenance Services Contract from Apache
Global oilfield services provider Archer has secured a three year contract to provide platform drilling and maintenance services to six Apache platforms in the North Sea. As the incumbent contractor on the Forties Alpha, Forties Bravo, Forties Charlie and Forties Delta, this contract is an extension
Norway: Faroe Contracts West Navigator Drillship for Novus Prospect
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, announces that it has contracted the West Navigator drillship to drill the Faroe operated Novus prospect in Norway in the
Norway: Aker Solutions Secures Troll Contract Extension
International oil service group Aker Solutions has been awarded a contract by Statoil to deliver three subsea trees, tubing hangers and a tool package to the Troll field on the Norwegian continental shelf. Estimated contract value is NOK 250 million. The extension is a call-off from a contract signe
The Netherlands: Damen Supplies 4 Shoalbusters to Acta Marine
Damen Shipyards Group will be supplying Acta Marine with four Shoalbuster anchor handling tugs. Three of the anchor handling tugs will be supplied from Damen Marine Services’ charter fleet, while Damen Shipyards Hardinxveld will be supplying the fourth, a new Shoalbuster, in March 2013. “Shoalbuster
UK: AI Partners, Red7Marine Launch Unique Shipping Fund
London-based investment advisory firm Archipelago Investment Partners (AI Partners) has teamed up with Red7Marine, a UK based marine engineering services firm, to launch a unique shipping fund. The new fund will aim to capitalise on the sustained growth in the oil & gas, renewable energy, mining and
Norway: Island Offshore Takes Delivery of PSV Island Contender
At 13:00 hrs today Island Offshore Management AS took delivery of the 21’st vessel in the fleet . Island Contender is of design UT 776 CDG and equipped for operating on gas alone. Christening of the vessel is performed earlier, therefore a small ceremony with change of flag was held in Brevik today.
UK: Red7Marine Invests in Jack-Up Barge ‘Haven Seariser 2’
Red7Marine recently announced the investment in the seventh Jack-up barge called “Haven Seariser 2”. Key features of the vessel are: – Modular design with overal dimensions of 29.3m x 17m x 2.44m. – The vessel has a maximum deck load capacity of 250 tonnes and a point load capacity of 5 tonnes per s
Norway: IKM Testing Receives New Frame Agreement from Statoil
IKM Testing has signed a new Frame Agreement with Statoil for specialized services regarding cleaning of process equipment and piping systems. This includes Chemical Cleaning and Mechanical Cleaning. The Frame Agreement represents a significant value and is organised as a parallel agreement. Area of
Snam and Fluxys Finalize Acquisition of E.ON’s Stake in Interconnector (UK)
Snam and Fluxys have closed the transaction to acquire E.ON’s stake in Interconnector UK, owner and operator of the subsea gas pipeline between the UK and Belgium. The acquisition is a new step forward in the joint approach of Fluxys and Snam to actively promote further integration of gas markets in
Norway: IOS InterMoor Signs Five-Year Contract with ExxonMobil
IOS InterMoor AS, an Acteon company, has signed a framework agreement with ExxonMobil Exploration & Production Norway AS to provide engineering services and equipment offshore Norway. The contract will run for five years with the option of three one-year extensions. The contract work scope includes