Fossil Energy
Azerbaijan: Shah Deniz Stage 2 FEED Gets Nod
The Shah Deniz consortium has reached an important milestone and approved the decision to commence Front End Engineering and Design (FEED) on the estimated $25 billion Shah Deniz Stage 2 project. This was officially announced in Baku today during the meeting between the President of the Republic of
UK: Imtech’s New Office to Provide Services to Platform and Vessels Operators
Imtech Marine, leading company in the global maritime market, operating as full-service provider and system integrator of technology solutions, announces the opening of a new office in Aberdeen. This new location in the Imtech Marine network will open officially on April 25 and will provide services
RWE Dea to Carry Out Seismic Survey in Caspian Sea (Turkmenistan)
Within the scope of its exploration activities, RWE Dea is set to begin its seismic acquisition program off the Turkmenian coast in the Caspian Sea. A subsequent exploration well is scheduled to be drilled in 2013. To obtain detailed information on hydrocarbon reservoirs in licence Block 23 off the
Ocean Safety Establishes New Depot in Aberdeen (UK)
The UK’s largest independent marine safety equipment supplier, Ocean Safety, has opened a fourth depot in the UK, this one in Aberdeen at the heart of the oil and fisheries industry on the east coast of Scotland. The depot will carry the full range of Ocean Safety stock. It will also be a lifejacket
UK: Mike Bowyer Gets Recognition for His Contribution to Offshore Safety
One of the UK’s most highly regarded oil and gas industry leaders will be given a special award for his services to offshore safety at a special awards ceremony on 18 April 2012. The Award for Services to Safety will be presented to Mike Bowyer at the 2012 UK Oil and Gas Industry Safety Awards, [&he
UK: Heerema to Install York Platform Next Month
Centrica Energy’s York platform, built by Heerema Fabrication Group (HFG) at its Hartlepool fabrication yard, reaches its completion and will be the first to be installed in the North Sea this year. The normally unmanned York platform, which will be located in the Southern North Sea, 40km east of Hu
Norway: Alfa Laval to Equip Oil Platform with Fresh Water Generators
Alfa Laval, a company specializing in heat transfer, centrifugal separation and fluid handling, has won an order to supply fresh water generators to an oil platform in the North Sea. The order is worth approximately SEK 50 million (USD 7.3 million). Delivery is scheduled for 2012. The Alfa Laval fre
ExxonMobil, Rosneft to Splash USD 3.2 bln on Exploration in Russia’s Offshore Sector
Rosneft and ExxonMobil today signed agreements to implement a long-term Strategic Cooperation Agreement concluded in August 2011 to jointly explore for and develop oil and natural gas in Russia and to share technology and expertise. The agreements were signed by Rosneft President Eduard Khudainatov;
Norway: Statoil, Aker Solutions Enter USD 1.9 bln Cat B Well Intervention Deal
Statoil is awarding Aker Solutions a contract today for hiring of an entirely new type of rig which represents an important technological advance for the industry. The category B rig will be an important contribution towards increasing recovery from existing fields. Development of technology for inc
Danish Blue Water to Provide Logistics for SBM Offshore’s FPSOs
The Danish transport company has been awarded an extensive logistics contract in China and Brazil in connection with construction of FPSO unit – floating production, storage, offloading – to the Oil & Gas sector.
Norway: NPD Looking to Recruit More Employees with Immigrant Background
The Norwegian Petroleum Directorate and eleven other state entities are participating in a pilot scheme involving moderate affirmative action to recruit employees with an immigrant background. The target group for the scheme, which will run until the end of 2014, are immigrants from Europe outside o
Norway: Farstad Sells Two Anchor Handlers
Farstad Shipping ASA has, through its wholly owned subsidiaries P/R International Offshore Services ANS and Farstad Shipping Pte. Ltd, reached an agreement to sell the AHTS Lady Gerda (1987, Hart Fenton, 8.700 BHP) and the AHTS Lady Cynthia (1987, Hart Fenton, 9.500 BHP). Delivery of the vessels to
Aker Solutions’ Drilling Equipment for CIMC Raffles’ Jack-up Rig (China)
Norway’s Aker Solutions has won a contract from Yantai CIMC Raffles Offshore Ltd to supply a complete drilling equipment package for a new jack-up drilling rig, being built by the Chinese yard. The contract value is undisclosed. The new rig is of the 2000E jack-up design, and the contract includes o
Norway: AF Group to Buy 5D Group
AF Group has signed a letter of intent to purchase 90 percent of the shares in 5D Group AS. The agreement is conditioned by a due diligence and an approval by the board of directors of AF Gruppen ASA. 5D Group is a supplier to the offshore industry, mainly within engineering, electrical and instrume