Fossil Energy
UK: Hess, Awilco Ink USD 144 mln LOI for WilHunter Rig
Awilco Drilling PLC, a UK-based drilling contractor, has signed a Letter of Intent (LOI) with Hess UK Ltd for the provision of WilHunter semi submersible rig for work related to Hess’ 2013 and 2014 abandonment program in the Central North Sea. The firm contract duration is 400 days with a contract v
Faroe Petroleum Spuds Clapton (Norway)
Faroe Petroleum has announced that drilling has started on the Clapton prospect in the Norwegian North Sea (Faroe 40% and operator). Well 2/8-18 S is Faroe Petroleum’s first operated well in Norway and will target the Clapton Prospect located in PL440 S in block 2/8, approximately 5 km east of the E
FMC to Provide LWI Services to Statoil (Norway)
FMC Technologies, Inc., a global provider of technology solutions for the energy industry, has signed two five-year contracts with Island Offshore Management AS to supply Light Well Intervention (LWI) services for use by Statoil in the North Sea, contingent on approval from Statoil’s partners. Each
OMV Petrom Hires GSP Prometeu Jack-up for Drilling Offshore Romania
Romanian drilling contractor, GSP Offshore, has secured a contract for its jack-up rig GSP Prometeu for work in the Romanian Black Sea. The contract awards comes from OMV-Petrom. Under the contract, the rig, built in 1984 and refurbished in 2003, will provide offshore light workover, support for wel
Fincantieri, NLI to Offer New Solutions to Offshore Industry (Norway)
The shipbuilding giant Fincantieri Cantieri Navali Italiani S.p.A. and NLI, a Norwegian total supplier to oil & gas business, announce today the signing of a collaboration agreement, supporting the aim to penetrating the Mobile Drilling Units construction market. This agreement includes the developm
UK: CENSEOR-CO2 to Help Unlock USD 300 bln Worth of North Sea Oil
The launch of a new centre of North Sea expertise today could boost jobs and growth in Scotland, accelerate development of carbon capture and storage (CCS) and unlock three billion barrels of hard-to-reach oil from the North Sea – worth £190 billion (approximately USD 300 billion). The Centre for No
Norway’s Ocean Installer Orders VLS for Normand Clipper
Norway based subsea specialist Ocean Installer has started building a VLS and carousel for the laying of umbilicals and flexible flowlines. The lay spread will be installed on the long-term chartered subsea construction vessel (SCV) “Normand Clipper” and be operational in Q1 2013. This investment is
Record Number of Applications in UK North Sea Licensing Round
The latest North Sea licensing round for oil and gas drilling has broken all previous records for the number of applications received by the Government. A total of 224 applications have been submitted for the 27th Licensing Round covering 418 blocks of the UK Continental Shelf. It is the largest num
UK: Wood Group Bolsters Team with New Appointment
Wood Group, the international energy services company, announces that Mary Shafer-Malicki will join Wood Group as a non-executive director on 1 June 2012 and will also join the Board’s Nomination and Audit Committees. Mary worked for Amoco and BP for 17 years, latterly a Senior Vice President and CE
Statoil Charters Light Well Intervention Vessels to Increase Recovery
Statoil has awarded contracts for new light well intervention (LWI) vessels. These “category A” units will contribute to increased recovery from Statoil’s approximately 500 operated subsea wells on the Norwegian continental shelf (NCS). Statoil has on behalf of relevant licensees awarded a contract
Russia: Gazprom Board Calls for South Stream FID Before Year End
The Gazprom Board of Directors today reviewed the progress with the South Stream project. The meeting discussed the operational status of the offshore and onshore sections of the gas pipeline. It was underlined that the project was being implemented according to schedule and the South Stream constru
UK: Cove Encourages Shareholders to Accept Shell’s Takeover Bid
Cove Energy, a UK oil and gas company with primary assets in East Africa, yesterday urged its shareholders to accept the $1.8 billion takeover bid from Shell before May 23, the first closing date for the offer from Shell. The board of Cove, having already endorsed the offer, has said it continues to
Norway: Captain Praises Ulstein-built ‘Blue Fighter’ Supply Vessel
In recent years, Inge Gjelsten has been Captain on board several newbuilds: “’Blue Fighter’ is the best of them by far,” he states. He is soon to retire, and concludes: “If I were a newly-educated captain planning for a career on a supply vessel in the North Sea, a vessel of this type would be [&hel
Wintershall: Appraisal Well Encounters 39-metre Thick Oil Column (Norway)
Wintershall Norge AS, operator of production licence 475 BS, is in the process of completing the drilling of appraisal well 6407/1-5 S. The appraisal well was drilled around 20 kilometres east of the Kristin field in the Norwegian Sea and about 8 kilometres northeast of discovery well 6406/3-8. The