Fossil Energy
Orca Names New COO to Boost Its Operations in Tanzania
Orca Exploration Group Inc. announces that Beer van Straten has been named Chief Operating Officer effective immediately. He will assume responsibility for the Company’s field operations including a large scale development and exploration drilling program in Tanzania. He replaces Dale Rollins who re
The Netherlands: IHC Merwede Profit and Revenues on the Rise
IHC Merwede develops and builds innovative vessels, advanced equipment and life-cycle support services for the dredging, mining and offshore industries. The company’s international outlook and expanding portfolio have helped it to record increased revenue and profit figures for 2011, and maintain it
Awilco Drilling Signs LOI for WilPhoenix (UK)
UK’s Awilco Drilling PLC has signed a Letter of Intent with an undisclosed operator for the provision of WilPhoenix for a term drilling program. The program will start in direct continuation from the Premier contract and is firm until 28th February 2014 with options for up to an additional 250 days.
Noreco: Eik Prospect Disappoints (Norway)
Norwegian Energy Company ASA (Noreco) is currently drilling exploration well 7228/1-1 on the Eik prospect in the Barents Sea. The preliminary drilling results indicate that the well does not contain commercial quantities of hydrocarbons. The well is located in licence PL396 in the Barents Sea, about
Norway: TTS Exits Drilling Equipment Industry
Norway-based TTS Group ASA has entered into an agreement to sell its drilling equipment business, a part of TTS Energy divison, and relevant subsidiaries, to Cameron International Corporation for USD 270 million, plus a turnover based earn-out model for a three-year period. Offshore Handling (cranes
Norway: Statoil Sells Fuel & Retail Division. Focuses on Upstream
Statoil ASA’s Board of Directors has decided to pre-accept, subject to certain conditions, a cash offer from Alimentation Couche-Tard for the shares in the listed energy and retail company Statoil Fuel & Retail ASA at a consideration of NOK 53 per share (adjusted for any dividends and other distribu
UK: Cosalt Offshore Honored for Promoting Safety
Cosalt Offshore, a provider of lifting, tooling and maritime services to the oil and gas industry, has been recognised by the British Safety Council for its dedication to improving health and safety in the workplace. Cosalt Offshore attained a merit level award after receiving a near perfect 59 poin
Denmark: Semco Maritime Plans to Double Turnover by 2015
A large number of incoming orders helped to ensure Semco Maritime A/S a significant growth in 2011. The turnover was increased by 40 per cent to 1.76 billion DKK, which is the largest ever. The operating profit was 38 million DKK against 18 million DKK the year before.
Norway: Offshore Vessel Simulator Gets Seismic Streamer Deck
A cutting-edge new system, designed to train engineers and crew in seismic streamer deck handling has been installed at Vestfold University College in Norway. The Seismic Streamer Deck Operation Trainer was developed as part of Kongsberg Maritime’s leading Offshore Vessel Simulator, in co-operation
UK: Dana Petroleum Starts Platypus Appraisal Drilling
The Platypus gas field, located in Blocks 48/1a and 48/1c, lies just 18km north north west of the West Sole gas field and 15km west south west of the Babbage gas field.
France: Damen’s Brest Shipyard Secures Shiprepair Order from Bourbon Offshore
On Wednesday 11th April 2012, Director André Hollander and Sales Manager Theo Kloosterman proudly announced the first shiprepair order of Damen Shiprepair Brest (France) by sounding the bell in the traditional way. It is the first vessel is booked under the new management and comes in the second wee
UK: SeaHold GEOSHIPS Accepts Delivery of Stril Explorer Vessel
SeaHold GEOSHIPS Ltd, a marine and subsea services shipping company, has taken delivery of its second multi-purpose support vessel (MPSV) on a contract valued at over £30 million, following a successful year for its current vessel, the Stril Explorer. Formed in 2003, Aberdeen-based GEOSHIPS will man
Polar Duchess Starts Barents Sea Seismic Survey (Norway)
Dolphin Geophysical has announced that the new high capacity 3D vessel, Polar Duchess, entered into steady production for TGS in the Barents Sea on the 14th April. The 6 months contract has been announced previously. The vessel is chartered on an initial 3 year time-charter from Armada Seismic from
Russia: Gazprom Names Chairman South Stream Transport AG Board of Directors
The Gazprom headquarters recently hosted the first meeting of South Stream Transport AG Board of Directors. Alexey Miller, Chairman of Gazprom Management Committee, Alexander Medvedev, Deputy Chairman of Gazprom Management Committee, Paolo Scaroni, Chief Executive Officer of Eni, Henri Proglio, Chai