Fossil Energy
Oil & Gas UK: New Guidelines on Well Control, Integrity and Abandonment
Four guidelines in a series being produced by the Well Life Cycle Practices Forum (WLCPF) were published yesterday (31 July ) by Oil & Gas UK to improve cross industry understanding of well-related issues on the UK continental shelf. The guidelines have been developed to share current good industry
Siem Offshore Sells MRSV to Repay Bank Debt (Norway)
Norwegian company Siem Offshore has announced that the sale and delivery of its Multi Role Service Vessel, Siem Swordfish, was concluded on 31 July in line with the charterer’s purchase option that was exercised in December 2009. The gross sales proceeds is in the equivalent of USD 54 million. The p
Thailand’s PTTEP Step Closer to Cove Acquisition
Thailand’s PTTEP, has announced that on 31 July 2012 at 1.00 p.m. (London time) PTTEP Africa Investment Limited or PTTEP AI, a wholly owned subsidiary of PTTEP has received valid acceptances from Cove Shareholders 91.37% of the existing issued share capital of Cove which is satisfactory to PTTEP AI’
Seamec Secures Contract for Its Saturation Diving Support Vessel (India)
Seamec Ltd recently informed the Bombay Stock Exhange that the company had entered into charter party with CNS INTERNATIONAL SRI, Italy, for its vessel Seamec Princess. The DP2 Saturation Diving Support vessel which departed from Mumbai on July 10 will be deployed in the Mediterranean. The contract
A&P Sees Big Opportunity in Oil & Gas Fabrication Sector (UK)
Based in two North East England locations, an area known for its deep industrial heritage, A&P North East is a company with ship repair and conversion yards on the rivers Tyne and Tees. Part of the A&P Group which also includes A&P Falmouth where ship repair and conversion services have been taking
Weak Earnings Quarter for BP, CEO Says
BP today reported its quarterly results for the second quarter of 2012. Underlying replacement cost profit for the quarter, adjusted for non-operating items and fair value accounting effects, was $3.7 billion, compared with $5.7 billion for the same period in 2011 and $4.8 billion for the first quar
Safe Scandinavia to Move to UK North Sea in 2013
Prosafe, a Cyprus-based owner of semi-submersible accommodation/service rigs has been awarded a contract by an undisclosed client for the provision of the Safe Scandinavia accommodation support rig at a project in the British sector of the North Sea. The firm period of the contract is 187 days with
Fugro Accepts Delivery of New-Build Survey Vessel
On 27 July 2012, Fugro formally took delivery of a new-build vessel, M/V Fugro Equator; the third of Fugro’s FSSV series of dedicated survey vessels. Designed to Fugro specifications and fitted with the latest survey equipment these are the most advanced vessels of their type. The vessel will be uti
UK to Build 40 New Offshore Structures Over Next Decade?
Members of Oil & Gas UK’s fabrication forum on Thursday (26 July) met Chloe Smith, MP for Norwich North and economic secretary to the Treasury, to discuss the opportunities for growth in the UK fabrication industry. The dinner was held at Norwich City Football Club. David Ripley, Oil & Gas UK’s supp
Statoil Spuds Geitungen Well Offshore Norway
Statoil Petroleum AS (Statoil) on Friday started the drilling of exploration well 16/2-12 targeting the Geitungen structure. The well is located in licence PL265, between the Johan Sverdrup discovery and the 16/2-9S Aldous Major North discovery in the Norwegian North Sea. The main objective of the w
Dry Well at Kakelborg Prospect (Norway)
North Energy on Friday announced that Wintershall Norge, the operator for Kakelborg PL 370, was completing drilling operations on the prospect. No hydrocarbons were encountered, and the well, located in the Norwegian sector of the North Sea, will be plugged and abandoned as a dry well. North Energy
Technip Secures GSA Subsea Contract (UK)
France’s Technip was awarded by Ithaca Energy (UK) Ltd an EPIC subsea contract for the Greater Stella Area (GSA) development, located 280 kilometers East-Southeast of Aberdeen, Scotland at a water depth of approximately 90 meters. Ithaca Energy (UK) Ltd is developing the GSA, centred on the Stella a
Statoil to Conduct Exploration Drilling with West Alpha Off Norway
Statoil Petroleum AS has received consent to conduct exploration drilling of well 6607/12-3 with the West Alpha mobile facility. Well 6607/12-3 is part of production licence 385 in the Norwegian Sea. Water depth at the site is 363 metres. The well is located approx. 16 kilometres northwest of the No
Norway: ConocoPhillips to Use Maersk Gallant for Production Drilling on Ekofisk South
ConocoPhillips Skandinavia AS has received consent to use the Maersk Gallant mobile drilling facility to pre-drill production wells on Ekofisk Sør. The consent relates to use of Maersk Gallant to pre-drill production wells on Ekofisk 2/4-Z, which is one of the two facilities included in the developm