Fossil Energy
Norway: Edda Accommodation Building Two New Vessels
Edda Accommodation, a company controlled by Østensjø Rederi, has recently signed two new contracts for the accommodation vessel Edda Fides. Based on the experience with Edda Fides, the company is now building two new accommodation units. By entering into two new contracts, Edda Accommodation has sec
DeepOcean Group Subsidiaries Rebrand and Change Names (Norway)
CTC Marine Projects Ltd., Trico Offshore Ltd. and Deep Ocean AS, all subsidiaries of DeepOcean Group Holding AS, today announced that they are rebranding and changing name to DeepOcean. “The move is more than a name change,” says DeepOcean Group CEO Bart Heijermans. “We will operate as one company o
Former Ulstein CEO Passes Away at 78 (Norway)
Idar Ulstein, that was CEO and Chairman of the board of ULSTEIN for many years, passed away Sunday night. He has played a huge role for the maritime industry and has been deeply involved in community development. Idar Ulstein entered the company first as a 14 year old in 1948, when his father died.
Eidesvik Sells Two Supply Vessels in Brazil. Buys New One for North Sea
Eidesvik has entered into sales agreements of USD 64 million for the two supply vessels Viking Surf (built 2002) and Viking Thaumas (built 2005). Both vessels are employed on contracts in Brazil. The deliveries of the vessels are expected to take place in the first half of May 2012. The company will
Norway: Statoil, Centrica Nail Down USD 1.6 bln Assets Sale
The transaction following Statoil’s divestment and exit from several licenses on the Norwegian Continental Shelf (NCS) in November last year is now closed. The buyer was the UK based energy company and established NCS player Centrica and the consideration was USD 1.525 billion. An additional payment
Norway: ConocoPhillips Hires DOF Subsea’s CSV
Norwegian-based specialist subsea service company DOF Subsea Norway has secured a contract with ConocoPhillips under the current frame agreement for Diverless Marine and Subsea Services. The contract is for debris removal utilising DOF Subsea’s construction support vessel the Skandi Skolten. The wor
Norway: NPS Acquisition will Help DNV in Arctic Activities, COO Says
DNV, a global provider of risk management services, today announces it has acquired Norwegian Petro Services AS, the company focussed on oil-spill preparedness. The Arctic has large oil and gas resources and operations in this sensitive and harsh area will require efficient oil-spill preparedness so
Norway: Seadrill Gets LoA for Semi-Sub Rig. Backlog Now at USD 13.3 bln
Seadrill, a Norwegian-Bermudan offshore drilling company with worldwide operations, has received a letter of award for a new three year contract for a semi-submersible rig. The contract comes from a reputable oil company and the potential contract is for operations offshore West Africa. The contract
Nord Stream Gas Flows Again after a Two-Week Shutdown
Nord Stream on Saturday completed the process of adapting the control system to integrate the two lines into a single automated twin-pipeline gas transport system. Following the two-week process that included adapting and testing the integrated control system for the twin pipelines, the required cer
Norway: TGS Begins Barents Sea Survey
Norwegian seismic data acquisition and processing company, TGS, has started acquisition of a 3D multi-client survey covering 2,400 km2 in the Norwegian Barents Sea. The survey, Finnmark Platform 2012 (FP12), covers five blocks in the Southwestern Barents Sea of which four are located in quad 7017 an
USA: Technip Wins Mad Dog Spar Design Job
French based Technip has been awarded a front end engineering design (FEED) contract by BP Exploration & Production Inc. This contract covers the design of a Spar hull and mooring systems for the Mad Dog Phase 2 Project, located near Green Canyon Block 825 in the Gulf of Mexico. Spar is a cylindrica
Providence Secures Capital for Drilling Programme (Ireland)
At the Extraordinary General Meeting of Providence Resources P.l.c., held on Friday, 27th April 2012 to approve the Placing of 13,148,930 new Ordinary Shares (as originally announced on 2nd April 2012), the special resolution considered and voted upon by the shareholders was approved. Commenting aft
Norway: NPD Starts 8-Week Barents Sea Seismic Survey
The Norwegian Petroleum Directorate (NPD) started acquiring seismic in the southern part of the Barents Sea yesterday, 26 April, at 17:28 hours. “The entire first line of 67 kilometres was acquired before midnight. We are very satisfied with this start-up,” says Lars Jensen, the NPD’s project manage
U.S. Macondo Incident Investigators Learn from UK
A key US investigation into the Macondo disaster in the Gulf of Mexico in 2010 could take into account learning and lessons from the UK. Investigators from the US Chemical Safety and Hazard Investigation Board (CSB) visited the UK on a fact-finding mission to gain further understanding of the UK oil