Fossil Energy
Dutch Eekels Supplies Electrical Equipment for Damen PSVs
Eekels Elektrotechniek (Eekels), a TBI company, has been asked by Damen Shipyards to supply the electrical equipment for eight platform supply vessels, including the drive systems for propulsion. From October 2011 to May 2012, Eekels was commissioned by Damen Shipyards Gorinchem to supply the electr
Providence Provides Operational Update on Spanish Point Discovery (Ireland)
Providence Resources P.l.c., (“Providence”) the London (AIM) and Dublin (ESM) quoted oil and gas exploration and production company, confirms an operational update for the Upper Jurassic Spanish Point gas condensate discovery which is located in Frontier Exploration Licence (FEL) 2/04. This licence,
Aquaterra Energy Opens New Office in Aberdeen, UK
Sealing its position as a leading supplier of specialist offshore engineering solutions, Aquaterra Energy has opened a new office in the heart of the UK Oil and Gas industry, Aberdeen. Located on Albyn Terrace in Aberdeen’s West End, the Aquaterra Energy Aberdeen team comprises specialist Analysts a
GAC Shipping UK Completes Installation of Conwy Platform
GAC Shipping UK has completed the successful installation of the Conwy platform 40 miles off the port of Liverpool, only two months after a tug carrying the rig’s jacket and topside – each weighing in at over 700 MT – set off from Rotterdam. GAC’s Liverpool office was appointed by Dutch heavy civil
Norway: ULSTEIN Designs Appointed as Nominees for Innovation Awards
Three ULSTEIN developed designs were appointed as nominees for innovation awards in 2012, the ULSTEIN Windlifter, the Northern Light Drill Tower and the Polarcus Amani. The ULSTEIN Windlifter, developed by Dutch companies Ulstein Idea Equipment Solutions and Ulstein Sea of Solutions, is a turbine in
The Netherlands: Fairstar Confirms Commitment to Third New Build Vessel
Fairstar Heavy Transport N.V. (“Fairstar”) confirms that on 3 May 2011 Fairstar had entered into a Shipbuilding Contract with a face value of USD 110 million with China Shipbuilding Trading Company Limited (“CSTC”) and Guangzhou Shipyard International Company Limited (“GSI”) concerning the acquisiti
Switzerland: Noble Corporation Reports Second Quarter 2012 Earnings
Noble Corporation reported second quarter 2012 earnings of $160 million, or $0.63 per diluted share, versus $120 million, or $0.47 per diluted share, for the first quarter of 2012. Earnings for the second quarter of 2011 were $54 million, or $0.21 per diluted share. Contract drilling services revenu
UK: CIS Secures Three Year Contract with BG in North Sea
Craig International Supplies (CIS), a division of global shipping and energy services firm Craig Group, has secured a multi-million pound contract with a major oil and gas operator. The oilfield procurement services company has been awarded a three year contract with BG in the North Sea worth betwee
UK: Wood Group Announces Board Changes
Wood Group announces a number of Board changes that will become effective 1 November 2012. * Chairman, Sir Ian Wood, will retire as Chairman and from the Board. Sir Ian has been Chairman since 1982 and was CEO from 1967 to 2006 * CEO, Allister Langlands, will become Chairman. Allister has been with
Fastnet Oil & Gas Acquires Pathfinder Hydrocarbon Ventures (Ireland)
Fastnet Oil and Gas plc, the newly listed E&P company focussed on near term exploration acreage in the Celtic Sea and Africa, announces that it has acquired the entire issued share capital of Pathfinder Hydrocarbon Ventures Ltd from its parent company, Pathfinder Energy Maghreb plc (“PEMP”) for an i
Energy Minister Becomes Keynote Speaker at Oil & Gas UK Awards
UK Energy Minister, Charles Hendry MP, has been announced as the keynote speaker at the UK oil and gas industry’s annual showcase awards ceremony. Mr Hendry will address around 600 attendees at the Oil & Gas UK Awards on 8 November and present each of the winners with their prizes on the night. The
Norway: Aker Solutions Acquires Two Subsea Companies
Aker Solutions has acquired the Norwegian companies Subsea House and SSH Engineering and plans to further expand and recruit 50-100 people in Stokke, located in the Vestfold county of Norway. The transaction value is undisclosed. Subsea House and SSH Engineering, currently owned by Subsea Holding, e
Norway: STX OSV Signs Contract for Construction of PSV for Troms Offshore
Further to the STX OSV’s announcement about entering into a Letter of Intent with Troms Offshore Supply, STX OSV Holdings Limited today announces that it has now entered into a contract with Troms Offshore Supply for the design and construction of the Platform Supply Vessel (PSV). The vessel, of STX
Marathon Oil Awards EPIC Contract to Technip (Norway)
Technip was awarded a contract by Marathon Oil Norge AS for on-going expansion of the subsea drill centres at Kneler B and Volund located in the Alvheim area in the North Sea. The water depths in the area is around 120 meters, and the subsea work will be performed by use of remotely-operated vehicul