Fossil Energy
Cameron Completes Acquisition of TTS’ Drilling Division (Norway)
Norway’s TTS Group ASA today announced it has finalized its sale of the drilling equipment business to Cameron International Corporation for USD 270 million, plus a turnover based earn-out model for a three-year period. CEO & President of TTS Group, Johannes D. Neteland said: “This divestment is an
Premier Strikes Oil at Carnaby Well Offshore UK
Premier has announced that the Carnaby exploration well 28/09-5A (Premier equity 50 per cent) has reached a total depth of 4,695 feet and encountered oil. Initial analysis indicates that the well encountered 51 feet of net oil in the main Tay sandstone within an estimated 86 feet oil column. A core
3D Survey Begins in Faroe Shetland Basin
Norway’s seismic specialist TGS has started expansion of a 3D multi-client survey covering 2,000 km2 in the Faroe Shetland Basin spanning the UK Faroe median line. The acquisition is in partnership with PGS and is completion of the previously announced FSB11 survey. The new seismic data is being acq
Lundin Hires CGGVeritas for North Sea Survey (Norway)
CGGVeritas announced today that it has been awarded a contract by Lundin Petroleum to conduct a survey of over 2,700 km2 with BroadSeis™, its broadband marine solution, using for the first time its broadband source option, BroadSource™. The survey of the Haugaland High in Quadrant 16 of the Norwegia
Island Offshore Expands Fleet with Gas Operated OSV (Norway)
Today, Island Offshore took delivery of the MV Island Crusader from STX OSV, Brevik. It is the 20th vessel in the fleet that is operated by Island Offshore Management AS and it is the 7th of the UT 776 type. This is hull no. 765 and has the designation UT 776 CDG, where G stands […]
NPD Starts Seismic Survey Off Jan Mayen
Starting today, 5 June, the Norwegian Petroleum Directorate will collect 2D seismic data off Jan Mayen. The collecting, which will be carried out by the vessel M/V Nordic Explorer, will continue until the beginning of August. According to the plan, a total of 9,200 kilometres (63 lines) of seismic d
Technip, Daewoo Consortium to Build Petronas FLNG (Malaysia)
Technip in a consortium with Daewoo Shipbuilding & Marine Engineering (DSME) Co. Ltd., the Technip-Daewoo Consortium (TDC), was awarded by PETRONAS a services contract for engineering, procurement, construction, installation and commissioning for floating liquefied natural gas (FLNG) facility of 1.2
UK Energy Minister Opposes EC’s Offshore Safety Regulation
The Energy Minister, Charles Hendry MP, will give the keynote speech at a special Oil & Gas UK seminar focusing on the European Commission’s (EC) proposals to take overall regulatory control of offshore safety. Sponsored by EnQuest PLC, the event on Monday 11 June has been organised by Oil & Gas UK
K Line’s AHTS Starts Statoil Contract (Norway)
K Line Offshore AS today announced that the company’s powerful AHTS KL Sandefjord on 1st June started a four months contract plus options for Statoil. “This contract with a highly recognized charterer is representing an important milestone for our company,” said the company in a press release. The v
Largest Rig Upgrade Deal for Semco (Denmark)
Denmark-based Semco Maritime has secured a rig upgrade order from the world’s largest rig operator Transocean. The project will be carried out in Norway and involves a staff of 700 people. Semco Maritime has just been awarded a new contract for the upgrade of the rig “Transocean Leader”. The project
Bumi Armada Wins Another Caspian Sea Pipelay Contract
Malaysia-based international offshore oilfield services provider, Bumi Armada Berhad been awarded a contract by Momentum Engineering (LLC) to lay approximately 15km of various size pipelines in the Caspian Sea, offshore Turkmenistan. The contract is for a period of thirty (30) days commencing from t
Schlumberger Unveils IsoMetrix Marine Seismic Technology
Schlumberger today announces the launch of IsoMetrix marine isometric seismic technology and the IsoMetrix family of marine seismic products. This breakthrough technology outputs isometrically sampled point-receiver data in both crossline and inline directions—capturing the returning wavefield in th
Sakhalin II Running Smoothly, Shell and Gazprom Say (Russia)
Kuala Lumpur (Malaysia) hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Peter Voser, Chief Executive Officer of Royal Dutch Shell within the 25th World Gas Conference. The parties discussed bilateral cooperation in the energy sector. Alexey Mill
Eidesvik Orders Large Subsea Vessel from Kleven (Norway)
Eidesvik has today entered into a contract with Kleven Maritime for building of a large subsea vessel with delivery Q2 2014. The contract has a value of above 1 billion NOK (USD 165 million) and is the largest single investment in the company’s history. The vessel has a length of 145 m and a beam [&