Fossil Energy
GDF SUEZ, Partners Sanction USD 2 Bln Cygnus Development (UK)
GDF SUEZ as operator with partners Centrica and Bayerngas have announced sanctioning of the £1.4 billion ( $2.18 billion) Cygnus project to develop the sixth largest gas field in the UK Southern North Sea. GDF SUEZ (38.75%) will operate the field with partners Centrica (48.75%) and Bayerngas (12.5%)
AMEC Secures Cygnus Development Job (UK)
AMEC, an international engineering and project management company, has been awarded a detailed design contract for GDF SUEZ E&P UK Ltd’s Cygnus gas field development, the UK North Sea’s largest gas discovery in the last 25 years. The detail design contract follows on from the FEED work and is valued
ConocoPhillips Awards Technip a 5-Year IRM Contract Offshore UK
Technip , a France-based provider of project management, engineering and construction solutions for the energy industry has been awarded a five-year inspection, repair and maintenance (IRM) frame agreement contract by ConocoPhillips (U.K.) Limited for various assets in the Central, Southern North Se
Romania’s GSP Offshore Appoints VP for Latin America
Consistent in approaching the strategic Latin American Oil and Gas market and extending its presence in the region,Romania’s GSP Offshore has appointed Mike Autrey Vice President for Latin America. Mike Autrey has considerable management experience, and having worked in Latin America since 1994 as a
KD Marine Completes Subsea Work on Sevan Hummingbird FPSO (UK)
KD Marine, specialists in commercial diving for the offshore oil and gas industry, has completed a subsea engineering contract for work on the Sevan Hummingbird Floating Production Storage and Offloading (FPSO) vessel in the North Sea. KD Marine was awarded the seven-figure contract by energy servic
Expro Secures Subsea Contract in Norway
Leading international oilfield service company Expro announces today that it has secured four significant subsea completion landing string contracts in its Europe CIS region for work in 2012, 2013 and beyond. More than $25million worth of new subsea business has been secured in Norway with various k
RoSPA Gold Award Win for Paradigm Flow Services (UK)
Paradigm Flow Services has won the Gold Award for Safety from Royal Society for the Prevention of Accidents (RoSPA) in recognition of its approach to the prevention of accidents and ill health. The Inverurie-based firm will be presented with the prestigious accolade at the Occupational Health and Sa
Danish EIVA to Provide Tailor-Made Software for Subsea 7
Danish EIVA has signed a contract with Subsea 7 for the use of their online survey and positioning software, NaviPac, on all relevant Subsea 7 vessels. Subsea 7 is a global leader in seabed-to-surface engineering, construction and services contractor to the offshore energy industry worldwide. It has
Scan Tech AS Introduces Weak Link Bail (Norway)
James Fisher & Sons plc announces the launch of a new safety product – the Weak Link Bail. This innovative solution has been proven in North Sea operations and has wide applicability to improve the safety of completions and workover operations throughout the international oil and gas sector. Scan Te
Gazprom to Launch New Production Well at Sakhalin III (Russia)
As part of the Sakhalin III project, Gazprom has launched construction of the production wells in the Kirinskoye gas and condensate field located on the Sakhalin Island shelf. To date, one exploratory well is being switched to the production regime. In addition, the Company is planning to launch con
Noble Energy Farms Into Falkland Islands Offshore Licences
FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, has announced the execution of a farm-out agreement with Noble Energy Falklands Limited, an affiliate of Noble Energy, Inc., a leading global exploration and production com
Oceanteam, Bourbon Complete Refinancing of Offshore Construction Vessels
Oceanteam Shipping ASA (OTS) has concluded a refinancing of the two offshore construction vessels, CSV Bourbon Oceanteam 101 and CSV Southern Ocean, with SpareBank 1 SMN, DVB Bank SE and NIBC Bank N. V. The vessels are owned 50/50 with Bourbon Offshore Norway AS. “We are pleased with the refinancing
Melkøya Receives Snøhvit Gas Again (Norway)
Following the ingression of water into the natural gas dryers, which led on 10 July to a temporary shutdown, the Melkøya plant is now back in production. The liquefied natural gas (LNG) plant was started up again at the end of July/beginning of August and is gradually being returned to full producti
Eni Sells Stake in Interconnector (UK)
Eni completed the sale to Fluxys SA and Snam S.p.A. of its 16.41% interest in Interconnector (UK) Limited (“IUK”), 51% interest in Interconnector Zeebrugge Terminal SCRL (“IZT”) and 10% interest in Huberator SA. The total consideration for the above mentioned stakes amounts to € 145 million and Eni