Fossil Energy
Naming Ceremony for Olympic Orion Platform Supply Vessel
The naming ceremony for Olympic Orion, yard no 350 from Kleven Maritime, was held in Geiranger Fjord in the municipality of Stranda, Norway, on Saturday, June 23 2012. The multipurpose PSV of Marin Teknikk AS MT 6015 design is 94 m long, 20 m wide and with accommodation for a crew of 60. The vessel
Premier Oil: Dry Hole in UK. Success in Indonesia
Premier Oil, a UK based independent, has reported in its press release thet the Coaster exploration well on UK Block 28/10 (Premier equity 50%) has reached a total depth of 5684 feet and is being plugged and abandoned as a dry hole. A total of 17 feet of Tertiary sandstones were encountered but thes
EnQuest Hires Technip for Alma and Galia Development (UK)
France-based international oilfield services provider Technip has been awarded by EnQuest Britain Limited a contract for the development of the Alma and Galia fields in UK North Sea. The fields are situated approximately 310 kilometers Southeast of Aberdeen, United Kingdom. The Alma and Galia fields
Gazprom, E.ON Meeting Addresses Bilateral Cooperation (Russia)
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Dr. Johannes Teyssen, Chairman and Chief Executive Officer of E.ON took place Friday as part of St. Petersburg International Economic Forum 2012. The meeting addressed the bilateral cooperation outlook placing
Subsea Vision Targets North Sea Oil & Gas Industry with New ROV (UK)
Subsea Vision has taken delivery of a Saab Seaeye Cougar XT Compact, the low profile powerful ROV specially designed for working in high current areas and where access is restricted. Subsea Vision’s immediate target market for the Cougar XT Compact is the North Sea oil and gas industry. Further appl
Gazprom, Shell Discuss Prospects for Cooperation (Russia)
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Peter Voser, Chief Executive Officer of Royal Dutch Shell took place today as part of St. Petersburg International Economic Forum 2012. The meeting participants discussed the prospects for the cooperation devel
Vyborg Delivers Final Hull Blocks for Sovcomflot’s Offshore Supply Vessel (Russia)
Vyborg shipyard JSC made the final contract delivery of hull blocks for the second supply vessel (order 507). On June 20th, 2012 Vyborg shipyard JSC, in full accordance with the agreed construction schedule, made the final contract delivery of blocks for the second supply vessel (order 507). Weight
Largest Ever Deal for Atlantic Offshore (Norway)
Atlantic Offshore has confirmed the signing of a contract with Statoil to operate two Platform Supply Vessels (PSV) from 2014. The agreement, which consists of two contracts, has a length of six years with an option for a further three years. The vessels will be built in Norway and ensuring importan
New JV Offers Wave Gliders Services for Oil and Gas Industry (USA)
Liquid Robotics, Inc. and Schlumberger yesterday announced the creation of Liquid Robotics Oil & Gas, a joint venture to develop services for the oil and gas industry using Wave Gliders, the world’s first wave-powered, autonomous marine vehicles. The joint venture will combine Liquid Robotics Wave G
Wärtsilä Appoints New VP Research and Development (Finland)
Paolo Tonon, MSc (Eng), (42) has been appointed Vice President, R&D of Wärtsilä Industrial Operations as of 1 June 2012. Mr Tonon will be responsible for the Research and Development of Wärtsilä products. Mr Tonon, who joined Wärtsilä in 1998, has successfully held several leading strategic, operati
Eni, Rosneft Ink Deal for Development of Russian Offshore Reserves
Eni CEO Paolo Scaroni and Rosneft Chairman Igor Sechin signed agreements in Saint Petersburg today concerning their operation of assets in the Black Sea and the Barents Sea. The deal refers to the strategic cooperation agreement signed April 25, 2012 between the two companies, under which Eni and Ro
Statoil, Rosneft to Jointly Bid for Norwegian Barents Sea Licenses
Statoil and Rosneft today signed agreements on joint bidding for exploration licenses in the Norwegian Barents Sea and on Joint Technical Evaluation covering two Russian onshore assets. This concludes the first implementation agreements envisaged in the strategic cooperation that the two companies e
MODEC FPSO Orders Riser Pull-in Package from IHC Winches (The Netherlands)
IHC Winches, part of IHC Merwede, has signed a contract for the design and manufacture of a riser pull-in spread to be placed on a MODEC Floating Production Storage & Offloading vessel (FPSO). The delivery of the riser pull-in spread is scheduled for Q1 2013. Part of this system will be built in Bra
Banks Provide Bourbon with USD 532 Mln Loan for New Offshore Vessels (France)
An international player in offshore oil and gas marine services, BOURBON, based in France, has secured bank loans to finance the growth of its fleet. Spurred by an increasing world market oil demand, BOURBON decided to invest massively in a new large series of new generation vessels.