Fossil Energy
Norway: Statoil Extends Charter for Viking Queen
Statoil has declared its option for one year extended period for the Time Charter party with Eidesvik Offshore for the environmental friendly LNG powered PSV Viking Queen. The extended period starts primo November 2012. Statoil has further one yearly option on this contract. The Viking Queen is a 60
France: Total Joins Chevron and Schlumberger in Development of INTERSECT Simulator
Schlumberger, Chevron Corporation and Total announced that Total is joining the collaboration to further develop the INTERSECT† next-generation reservoir simulator. Total will contribute engineering resources and expertise to expand the INTERSECT simulator effort. The INTERSECT simulator is an indus
Fairfield Energy: Osprey Subsea Manifold Needs More Repairs (UK)
Fairfield Energy confirms that an ROV (Remotely Operated Vehicle) survey carried out following repairs to the company operated Osprey subsea manifold has identified the need for further repairs before operations at Osprey can resume. As it will take some time to source the equipment required to comp
France: Technip’s Second Quarter Results in Line with Objectives
French Technip announces that its Board of Directors on July 24, approved the second quarter and first half 2012 consolidated accounts. At the end of second quarter 2012, Technip’s backlog rose to €12,724 million, compared with €12,344 million at the end of first quarter 2012 and €9,413 million at t
Bookings Opened for Annual Offshore Decommissioning Conference, UK
Bookings have officially opened for the annual Offshore Decommissioning Conference organised by Decom North Sea in partnership with Oil & Gas UK. This year it is being held at a new venue, the Fairmont Hotel, St Andrews, on 9-11 October. With decommissioning North Sea oil and gas facilities projecte
Norway: MSI Provides Real-Time Current Measurement System for Maersk Guardian
Metocean Services International (MSI) recently provided a real-time current measurement system for installation on the Maersk Guardian offshore Norway. StormGeo AS have in May of this year supplied a totally integrated live current and weather forecasting system to the Norwegian oil and gas market t
UK: Tullow Achieves Record Half-Year Results
Tullow Oil plc (Tullow), the independent oil and gas exploration and production Group, announces its half-yearly results for the six months ended 30 June 2012. Tullow had an excellent first half. The Group’s strong financial performance was mainly driven by increased production, sustained high commo
UK: SNC-Lavalin Wins Statoil’s Bressay Jacket FEED Contract
SNC-Lavalin announces that it has been awarded a contract by Statoil ASA to carry out the front-end engineering design (FEED) for an approximately 20,000-tonne substructure, part of the Bressay offshore development located in the UK sector of the North Sea. “We’re very pleased to continue supporting
Norway: Faroe Petroleum Provides Preliminary Results from Cooper Well
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 the preliminary results of the 6506/11‐9 S Cooper well in the Norwegian Sea (Faroe Petroleum 30%). The well has
Norway: Statoil Increases Oil and Gas Production by 17 pct in 2Q
Statoil’s second quarter 2012 net operating income was NOK 62.0 billion, a 2% increase compared to NOK 61.0 billion in the second quarter of 2011. “Statoil continues to deliver good financial results and strong cash generation. We increased oil and gas production by 17% in the second quarter compare
Ireland: Providence Completes Series of Comprehensive Barryroe Post-Well Studies
Providence Resources P.l.c., (“Providence”) the Irish oil and gas exploration and production company, whose shares are quoted in London (AIM) and Dublin (ESM), provides a resource update on the Barryroe oil field in the North Celtic Sea Basin, offshore Ireland. Providence (80%) operates Barryroe on
UK: GEOSHIPS’ Charter of New Vessel Creates 40 Jobs
GEOSHIPS Group, a marine and subsea services provider, has completed charter party negotiations with Singapore based Teras Offshore, for a new Offshore Deck Cargo Vessel, resulting in the planned recruitment of a further 40 offshore staff. Formed in 2003, Westhill-based GEOSHIPS will operate, manage
First Subsea Welcomes New Managing Director (UK)
Subsea connector specialist, First Subsea Ltd has appointed John Shaw as managing director. Previously First Subsea’s global operations director, he will be responsible for the on-going development and growth of the company’s ball and taper connector business in the oil and gas and renewable energy
UK: Tullow Oil Appoints Anne Drinkwater as Non-Executive Director
Tullow Oil plc (Tullow) announces the appointment of Anne Drinkwater as a Non-executive Director with effect from today. Anne joins Tullow after a long and successful career with BP. Anne held a number of senior business and operations positions, most recently as President and CEO of BP Canada from