Fossil Energy
Kongsberg Evotec to Supply Back Deck System for Sanco Sword (Norway)
Kongsberg Evotec, a wholly owned subsidiary of Kongsberg Maritime, has been contracted to supply a complete Back Deck handling system for ‘Sanco Sword’, Sanco Shipping’s second 16 streamer vessel under construction at the Kleven Maritime Myklebust Shipyard. The vessel will be operated by Dolphin Geo
UK: Elgin Intervention a Success!
After closely monitoring the well at the Elgin complex for five days, French oil company Total has confirmed the success of the intervention conducted on May 15th on the leaking G4 well on the Elgin complex, 240 kilometers from Aberdeen in the UK North Sea. To regain control of the well, heavy mud w
Dutch Fairstar Gets Cash to Finance Newbuilds
The Netherlands based Fairstar Heavy Transport N.V. (FAIR) has signed a USD 247 million syndicated loan facility led by ING Bank. The facility provides the necessary liquidity to satisfy the outstanding payment obligations to Guangzhou Shipbuilding International (GSI) due under the construction cont
Norway: Engineering Students Dream of Statoil and Aker Solutions
In the 2012 Universum Top 100 Ideal Employer student survey, Aker Solutions, a Norway-based international oilfield services provider, is voted the second most attractive employer in Norway by final-year engineering students. Norway’s oil giant Statoil took the first place. Every year, Universum surv
Norway: Det Norske CFO Steps Down
Det Norske’s CFO Teitur Poulsen has decided to resign from his position. Vice President Investor Relations and Corporate Development Knut Evensen (picture) been constituted as the new CFO. “Teitur has done a very good job for Det norske and we regret that he has decided to leave the company to pursu
Elgin Gas Leak: Oil & Gas UK Hails Total’s Successful Well Kill Operation
Oil & Gas UK, the not-for-profit representative body for the UK offshore oil and gas industry, has welcomed Total’s successful well intervention operation to stop the Elgin gas leak. Robert Paterson, Oil & Gas UK’s health and safety director, said: “Oil & Gas UK welcomes the news that the well-kill
UK: EPC Offshore Hires Penspen for Ithaca’s GSA Development
EPC has contracted the Offshore business stream of the Penspen group, Andrew Palmer and Associates to provide Detailed Design services in support of Ithaca Energy’s Greater Stella Area (GSA) Development. The contract follows on from Penspen’s recent work for EPC Offshore on the Front End Engineering
EPC Offshore: New Managers for Important UK North Sea Projects
EPC Offshore has announced the appointment of new managers to work on two of the North Sea’s biggest developments as the company continues to increase growth in 2012. Project manager Euan Sellar will focus on the final phases of the Rochelle field development for Endeavour Energy in the Central Nort
UK: Sterling, Enquest Swap Offshore Assets
Sterling Resources Ltd. has agreed to Enquest’s 10 percent interest in its F-Quad and L-Quad licences in the Dutch North Sea, and Enquest will acquire Sterling’s 50 percent interest in the Cairngorm licence (Block 16/3d) in the UK North Sea. Sterling now as operator hold a 35 percent interest in the
UK: Ensco Selects ABS Classification for Its New Drillship
Ensco plc has selected ABS as the class society for its advanced-capability, ultra deepwater drillship to be built at the Samsung Heavy Industries, Co. Ltd (SHI) Shipyard in Geoje, South Korea. The ENSCO DS-8 will be the sixth Samsung DP3 drillship in the fleet and will extend the benefits of Ensco’
Stork Receives IADC North Sea Safety Award
Stork Technical Services, the leading global provider of knowledge-based asset integrity management services for the oil and gas, chemical and power sectors, won the ‘Associate Member’ prize at this year’s IADC North Sea Chapter (NSC) Annual Safety Awards. The award recognises an Associate members’
UK: BP Places Order for 4 Platform Supply Vessels
The purpose built and highly specified vessels have been designed to provide long term support to BP’s North Sea business and will provide the capabilities BP requires to deliver its strategy more efficiently and safely.
Cairn, Marathon Bid for Offshore Cyprus Stake
In its interim statement released today, UK based Cairn announced participation in the current bid round offshore Cyprus. Cairn and its partners submitted the Bids on 11 May with awards expected towards the end of the year. Cairn holds a 40% share in the bidding consortium and other partners compris
Rolls-Royce to Equip Atlantic Offshore’s OSV (Norway)
Rolls-Royce, the global power system company, has secured a £6 million contract to provide an integrated design, power & propulsion and equipment systems package for an offshore supply vessel to be built at Norwegian ship yard Simek AS for ship owner Atlantic Offshore. The vessel is a Rolls-Royce UT