Fossil Energy
Proserv invests in its Coatbridge facility
Global-leading energy services group Proserv is investing almost half a million pounds into a landmark North Lanarkshire building to meet growing international demand for its products and services. The B-listed facility, commonly known as Lamberton’s, in Coatbridge, was home to KRG Industries prior
Wärtsilä designs, equips two AHOSVs
Wärtsilä has informed that two new 150 ton bollard pull anchor handling offshore support vessels (AHOSVs), being built at the Colombo Dockyard in Sri Lanka, have been designed by Wärtsilä and will be powered by Wärtsilä integrated propulsion systems. The order was placed in August and the equipment
Deltamarine bags Libra FPSO conversion deal
Deltamarin Ltd has entered into a contract with Jurong Shipyard Pte Ltd for the basic engineering of the Libra FPSO (floating production, storage and offloading unit). Deltamarin’s scope of work covers the marine part of the conversion of the Navion Norvegia shuttle tanker into the Libra FPSO. The c
Statoil reports loss in Q3
Statoil reported third quarter 2014 net operating income of NOK 17.0 billion, a decrease from NOK 39.3 billion in the third quarter of 2013. Net income was negative NOK 4.8 billion mainly due to impairments. Adjusted earnings were NOK 30.9 billion, a decrease from NOK 40.4 billion in the third quart
Technip wins Bangka work (Indonesia)
Technip was awarded a “substantial subsea contract” by Chevron Indonesia for the Bangka Development, located in Rapak PSC area, approximately 70km offshore the province of East Kalimantan, Indonesia. The contract covers engineering, procurement, construction, installation, commissioning and pre comm
FID reached on Stampede development
Hess Corporation has, together with its project co-owners, reached a final investment decision (FID) to proceed with the development of Stampede, an oil and gas project operated by Hess in the deepwater Gulf of Mexico. Discovered in 2005, the Stampede Field is located approximately 115 miles south o
BW Offshore gets Berge Helene FPSO extension
BW Offshore has received a two year contract extension for the lease and operation of the FPSO Berge Helene. The contract extension is coming from PETRONAS Carigali Mauritania 1 Pty. Ltd, BW Offshore informed. The FPSO Berge Helene was previously contracted by Petronas in 2006 to work on Chinguetti
‘Polarcus Asima’ in Otway seismic shoot for 3D Oil
3D Oil Limited (TDO) has contracted a research/survey vessel Polarcus Asima to acquire the Flanagan 3D seismic survey in its T/49P Permit in the Otway Basin, offshore eastern Australia. The Flanagan survey is designed to mature a number of leads in northern part of the block, 3D Oil says. These are
ProSep in BoD changes
Houston headquartered provider of oil, gas, and water treatment, ProSep, has appointed a new non-executive Board Director. The company says the appointment was made with an aim to spearhead a five year enterprise growth plan. According to ProSep, Patrick McCarthy brings almost four decades of experi
Cap Energy plans 3D survey off Guinea-Bissau
Cap Energy has informed that it is working to progress its interests offshore Guinea-Bissau, West Africa, by conducting a 3D survey scheduled for November, 2014. Sitting in the same basin as the Company’s Senegal assets, the prospective leads are distributed across a carbonate shelf that passes abru
Noble Energy marks profit jump in Q3
Noble Energy, Inc. has reported third quarter 2014 net income of $419 million, or $1.12 per diluted share. Excluding the impact of certain items, third quarter 2014 adjusted income was $110 million, or $0.28 per diluted share. Discretionary cash flow was $811 million and net cash provided by operati
BP, CGG to develop new marine seismic sources
CGG and BP announced an agreement for collaborative research and development in the field of new types of marine vibratory seismic sources. The agreement combines the companies’ research efforts and expertise to develop and deploy innovative seismic source technology, and builds on successful protot
Subsea Vision expands ROV fleet with Cougar XT Compact
Aiming at the global FPSO market, Subsea Vision has added another Saab Seaeye Cougar XT Compact to its ROV fleet. The compact concept is especially suited for working in strong currents and where the spread of equipment is small enough to need little deck space. The addition to their fleet follows e
Statoil preps ‘world’s first subsea wet gas compressor’ for Gullfaks
Statoil has informed that the “world’s first subsea wet gas compressor station” is now ready for the final testing at Horsøy outside Bergen before being prepared for installation and hook-up to Gullfaks C in 2015. By adding 22 million extra barrels of oil equivalent from the Gullfaks South Brent res