Fossil Energy
Four new directors for Decom North Sea
Decom North Sea (DNS), the offshore oil and gas decommissioning forum, held its Annual General Meeting last night in St Andrews, Scotland, with four new directors elected and two directors re-elected from across all sectors of the decommissioning industry. Attendees were appraised of Decom North Sea
World’s biggest jack-up nearing Norway (Gallery)
XLE 2, one of the world’s largest jack-up drilling rigs, is only a couple of days away from its final destination, Norway. Maersk Drilling, Danish offshore drilling contractor, has shared an image of the rig fixed on board the ‘Hawk’ heavy lift and transportation vessel. The XLE 2 jack-up rig was re
FID made for Aje field. First oil expected in 2015 (Nigeria)
Panoro Energy ASA, together with the Joint Venture partners, has taken a Final Investment Decision to develop the Aje Cenomanian oil reservoir in the OML 113 licence in Nigeria. The Aje Field Development Plan was submitted to Department of Petroleum Resources earlier this year, and approval to dev
Radioactive ship spurs evacuation of North Sea platform
A ship carrying radioactive waste yesterday lost power and began drifting in the Moray Firth, Scotland, driving evacuation of a nearby oil platform. According to BBC, 52 workers from the Beatrice oil platform were evacuated last night as a precaution. The drifting ship, MV Parida, which lost power
2H Offshore to develop riser equipment for Weatherford’s MPD system
2H Offshore, an Acteon company, has been appointed by Weatherford Secure Drilling® services to manage the design and delivery of the riser equipment for its Managed Pressure Drilling (MPD) system. The project award follows a feasibility study carried out by 2H Offshore, which outlined multiple int
Shell: Oil flows from Gumusut-Kakap project in Malaysia
Shell has started oil production from the Gumusut-Kakap floating platform off the coast of Malaysia, the latest in a series of Shell deep-water projects. The Gumusut-Kakap field is located in waters up to 1,200 metres (3,900 feet) deep. The platform is expected to reach an annual peak oil produc
BW Offshore buys FPSO Petroleo Nautipa
BW Offshore has completed the acquisition of the FPSO Petroleo Nautipa. The floating, production, storage, offloading vessel was, prior to the completion of the transaction, jointly owned by Norway’s BW Offshore and Malaysia’s Yinson Holdings through Tinworth, a joint venture company. The price for
Pudim pays off for Petrobras
Brazil’s Petrobras has confirmed the extension of hydrocarbons accumulation in Espírito Santo Basin post-salt ultra-deep waters, off the coast of the Espírito Santo state. The extension of hydrocarbons accumulation was confirmed through the drilling of the extension well 3-BRSA-1253D-ESS (ANP nome
Developments in wave and tidal energy
There is a lot to tell about marine renewable energy. The industry is developing fast, promising initiatives are being undertaken and there is a great need for renewable energy. Delegates of Offshore Energy have the opportunity to be informed in half a day about recent technical inventions, field
September offshore rig count up
Baker Hughes Incorporated has posted the international rig count for September 2014 on its Investor Relations website. The international rig count for September 2014 was 1,323, down 16 from the 1,339 counted in August 2014, and up 39 from the 1,284 counted in September 2013. The international offs
North Energy wraps up two Norwegian Sea blocks share sale
Hibiscus Petroleum Berhad has announced that its jointly-controlled entity, Lime Petroleum Norway AS has completed the acquisition of a 5% stake each in PL591 and PL591B, located in the Norwegian Sea. North Energy signed a purchase and sale agreement with Lime Petroleum Norway in June 2014. The tran
ROVOP Managing Director UK’s EY Entrepreneur of the Year 2014
The managing director of a subsea specialist ROVOP on October 2 received prestigious industry recognition after being named as the UK’s EY Entrepreneur of the Year 2014 for international business growth. ROVOP says that judges singled out Steven Gray from a shortlist of the nation’s most successfu
North Star Shipping expands fleet with two ERRVs
Craig Group has announced the launch of two new D-class IMT 950 Emergency Response and Rescue Vessels (ERRVs). Part of a £70 million ($112.4 million) investment plan for North Star Shipping which will see a total of six vessels delivered between 2014 and 2016, they have been named the Grampian Dyn
DNV GL launches JIP to address risk from offshore CO2 releases
Industry stakeholders have asked DNV GL to initiate a Joint Industry Project “CO2 Subsea Releases – Small Scale Experimental Programme’’. Offshore carbon dioxide (CO2) pipelines could potentially pose a risk for offshore infrastructures, ships and the marine environment. The JIP was initiated to d