Fossil Energy
UK: Suncor, Awilco Pen LOI for WilHunter Rig
UK-based drilling contractor Awilco Drilling PLC has signed a Letter of Intent (LOI) with Suncor Energy to extend the contract for WilHunter for the drilling of a second firm well estimated at 61 days. The contract value for the firm well is estimated to be around USD 19.2 million. The second well u
UK: Lybster Field Put on Production
Trapoil , the independent oil and gas exploration and appraisal company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, yesterday announced the start of production at its Lybster field situated on Block 11/24 – 3v2 (“Lybster”), which is operated by Caithness Oil Limited. The Ly
Dutch Vroon Offshore Adds Another AHTS to its Fleet
The Netherlands based shipping company, Vroon Offshore Services (VOS), yesterday added another AHTS vessel to its fleet. The VOS Thalassa, a 1,400 dwt anchor handling tug support (AHTS) vessel built at the Fujian SouthEast Shipyard in China, was delivered yesterday, 2 May 2012, from the Shipyard. VO
Kvaerner Wins USD 1.4 bln EPC Contract for Edvard Grieg Topside (Norway)
Kvaerner has received a letter of intent from Lundin Norway AS for engineering, procurement and construction (EPC) of the topside for the Edvard Grieg platform (formerly Luno). The estimated contract value is approximately NOK 8 billion (USD 1.4 billion), excluding options in the contract for offsho
UK: Pinsent Masons Names Ruddiman as Head of Energy
International law firm Pinsent Masons has appointed Bob Ruddiman as Global Head of Energy and Natural Resources, in a move which underlines the firm’s energy industry commitment. Mr Ruddiman was previously Head of Energy at McGrigors which merged with Pinsent Masons on 1 May to create the UK’s 12th
UK’s Cathelco Protects FPSO Xikomba from Corrosion
For a decade, Cathelco ICCP equipment has successfully protected the hull of the FPSO Xikomba against corrosion, a vessel which was originally built as a VLCC in 1974. Now as FPSO prepares to embark on the next phase of its operational life, Cathelco are renewing the impressed current cathodic prote
Norway: Dolphin to Cut Through Waves with Sanco Sword
Norway’s Dolphin geophyisical has signed a long term time-charter for the 3D seismic vessel Sanco Sword from Sanco Shipping AS. The contract is for an initial 5 year firm period with options to extend for additional 3 times 2 years. The Vessel, ordered by Sanco Shipping yesterday, is the second purp
Exxon Hires Ocean Installer for Balder Field Subsea Inspection (Norway)
ExxonMobil has awarded Ocean Installer a contract for survey and intervention work at the Balder field, located in Norwegian North Sea. Under the contract, Ocean Installer will carry out inspection and maintenance of the subsea control system at the field. The work is planned to be performed in earl
Brastec Buys Dutch Offshore Equipment Provider SAS
Brastec Technologies S.A, a Brazilian-based engineering and equipment producer for flexible pipe and cable manufacturing, is acquiring 100% of the Dutch company SAS, a leading provider of high quality equipment for the offshore market. The acquisition is complementary in product scope, services, eng
UK: Magma Looking for 20 Engineers
Magma Products, a leading oil and gas engineering consultancy, has completed a £750,000 move to new offices as it looks to recruit 20 engineers as part of its long-term growth strategy. Aberdeen-based Magma, a North Sea commissioning and start-up specialist, has moved in to 4,150 sq ft premises at T
Lundin Petroleum: Johan Sverdrup Appraisal Successful (Norway)
Swedish oil and gas exploration an production company, Lundin Petroleum today says the sidetrack 16/2-11A of the appraisal well 16/2-11 has confirmed good quality in Upper and Middle Jurassic reservoir. The well was drilled some 3.3 km southwest of the discovery well 16/2-6 and 760 metres north east
Halliburton, Gazprom Pen Strategic Cooperation Agreement
US based Halliburton has signed a Strategic Cooperation Agreement with Russia’s Gazprom International for the development and implementation of new oil and gas technologies in global exploration and production projects. The agreement sets the framework for the ongoing exchange of information related
Russia: LUKOIL, Saipem Ink Caspian Sea Pipeline Construction Deal
Russias’ LUKOIL subsidiary and Saipem SPA from Italy signed a contract this week to construct subsea pipelines for transportation of oil and natural gas from the Northern Caspian fields. The scope of work includes laying of two pipelines on the seabed to connect the riser block located at the Vladim
OTC 2012: Dockwise Vanguard Wins Spotlight on New Technology Award
Dutch Dockwise Ltd has engineered the most innovative semi-submersible heavy-lift vessel in history and redefined the limits of heavy marine transport with the design of the Dockwise Vanguard. Additionally, the Dockwise Vanguard has opened a new market for offshore dry-docking. Dockwise Ltd Vice Pre