Fossil Energy
UK: Snam, Fluxys Buy Stake in Interconnector for USD 162 mln
Snam and Fluxys have reached an agreement to acquire E.ON’s 15.09% stake in Interconnector (UK), owner and operator of the subsea pipeline between the UK (Bacton) and Belgium (Zeebrugge) providing a strategic bi-directional link between the UK and the continental gas trading places. Last January, Sn
Best Beryl Field Well in a Decade, Apache Says
Apache Corporation yesterday afternoon announced that an extension well had initial production rates higher than any oil well drilled at the Beryl Field in the U.K. North Sea since 2001. “We’re very excited about this well because we’ve found virgin reservoir pressure in two of three zones containin
Norway: Lundin to Drill 12 Wells with Island Innovator Rig
Marine Accurate Well ASA – MARACC has signed a 12 well drilling Contract with Lundin Norway AS for the semi-submersible drilling rig Island Innocator The contract is expected to provide Island Innovator with minimum of two years of drilling operations offshore Norway with commencement in the 2nd qua
UK: Bond Offshore Helicopters Fly Again
Bond Offshore Helicopters Ltd., one of the UK’s leading providers of energy support services announced the resumption of flights which were suspended after one of the helicopters, on its way to an offshore rig, ditched into the North Sea last Thursday. Bill Munro, Managing Director of Bond Offshore
UK: Nautronix’s Positioning System for Noble’s Drillship
Nautronix has been awarded a contract to supply the acoustic positioning system for Noble’s fourth new Ultra-Deepwater Drillship
Norway: Bergen Group to Provide Rig Yard Stay Services to Semco Maritime
Bergen Group Hanøytangen has been awarded an LOI from Semco Maritime for a possible yard stay at Hanøytangen for a semi-submersible drilling rig in Q3 2012. For Bergen Group Hanøytangen the project is estimated to generate a turnover of NOK 50-100 million. Bergen Group Hanøytangen will be a subcontr
Norway: JP Kenny Wins Linnorm Subsea Gig from Shell
JP Kenny Norway has signed a Front End Engineering Design (FEED) contract with Norske Shell for the high temperature, high pressure Linnorm project in Norway. Valued at approximately US$9 million (NOK 55 million), this contract forms part of a global Enterprise Frame Agreement awarded to Wood Group
ABB Wins Order from Daewoo to Power Two Pipelay Vessels (South Korea)
ABB, the leading power and automation technology group, recently won an order worth $18 million from Daewoo to supply energy efficient propulsion and electrical power systems for two new deep sea pipeline installation vessels that will build oil transport infrastructure off the coast of Brazil. The
Norway: Marathon to Take Over Vilje Operatorship from Statoil
Statoil transfers operatorship of the Vilje field in the North Sea to Marathon Oil Norge. The agreement does not involve any change of stakes in the production licence (PL 036D). “Statoil is interested in good area solutions. We therefore find it natural that Marathon, as the biggest operator in the
Norway: Aker Solutions Buys LMV
Aker Solutions is acquiring the mechanical workshop company Lyngdal Mek. Verksted (LMV), thereby increasing its capacity to assemble, test and overhaul drilling equipment especially for the North Sea market. This is the second recent acquisition by Aker Solutions’ drilling technologies business in i
Norway: Ocean Installer Selects Oceaneering ROVs
The Norwegian subsea company Ocean Installer has awarded Oceaneering with a frame contract for the delivery of Remotely Operated Vehicle (ROV) services. The frame contract is of five years fixed duration with options, and covers the supply of ROV services and related personnel for Ocean Installer’s
Cargotec Equips 15 OSVs in China
In April, Finland’s Cargotec secured new contracts to deliver MacGregor anchor-handling, mooring and towing solutions for 15 offshore support vessels (OSV) of various types being built in China for Asian customers. The ships are being built in several shipyards in China for delivery throughout 2013
UK: Total Stops Elgin Gas Leak
After it yesterday began a dynamic kill operation Total has announced that the well intervention operation has stopped the G4 well leak on the Elgin complex, 240km from Aberdeen in the UK North Sea. The well intervention operation, which involved pumping heavy mud into the leaking well, began on May
Norway: April Production Numbers Above Expectations, NPD Says
The Norwegian Petroleum Directorate, a governmental specialist directorate and administrative body, today released preliminary production figures for April 2012. The figures indicate an average daily production of about 2 030 000 barrels of oil, NGL and condensate. This is 11 000 barrels less than i