Fossil Energy
Swissco doubles drilling rig fleet
Singapore’s Swissco Holdings Limited, has completed the acquisition of four additional mobile offshore drilling units, bringing the fleet of rigs to eight. As announced on 15 August 2014 on the Singapore Exchange, the rigs have up to two-year contracts worth about US$94.8 million and are being deplo
PHOTO: UMW’s new jack-ups
Malaysia’s UMW Oil & Gas has today sent us an image showing the delivery of their latest offshore jack-up drilling rig, UMW Naga 6. On the right is the newly delivered UMW Naga 6, and beside her is UMW’s second rig from CMHI, UMW Naga 7, due for delivery December 2014. The rigs are independent-leg c
Collaboration and innovation are keys to maximizing recovery from North Sea
The North Sea is becoming a mature basin. Production is in decline and investments in exploration are decreasing, while infrastructure ages. Instead of a few big players, many smaller operators, including independents, are trying to squeeze the last reserves out of the subsurface. Recently, Sir Ian
The future is in the water
To meet rising energy demand, the world needs to develop all available energy resources. Despite substantial growth in renewables, hydrocarbons will continue to play a dominant role. As the days of easy – onshore – oil and gas are over, the locus of E&P activities is increasingly shifting to the off
INPEX invests in methane hydrate development offshore Japan
Japan’s oil and gas company INPEX has invested in Japan Methane Hydrate Operating Co., Ltd., a joint venture company established on October 1, 2014 aiming to participate in the offshore production test of methane hydrate conducted by the Japanese government.
2014 event selling out rapidly
Later this month Offshore Energy Exhibition & Conference 2014 will kick off for the 7th time in history. Despite the fact that an additional 6000 sq.m. of exhibition floor was added to the floor plan the event organization expects to sell out any time now. The Offshore Energy Today crew spoke with P
DOF Subsea sells vessel
DOF Installer ASA, an entity in the DOF Subsea Group, has entered into an agreement for sale of one of its three sister vessels to an international buyer. The company did not disclose the name of the client, however, it did reveal the delivery date which is expected in late 2014. The sale will relea
The North Sea and beyond
At Offshore Energy Exhibition & Conference on 28 and 29 October 2014 in Amsterdam, exploration and production in the North Sea area is a prominent session theme at the conference. The technical session on North Sea exploration and production this year focuses on the changing playing field. As ‘big o
ABB to equip Kraken FPSO with power and automation tech
ABB, a power and automation technology group, has won an order from Armada Kraken Pte Ltd, a subsidiary of Bumi Armada Berhad, a Malaysia-based international offshore oilfield services provider. ABB will provide power and automation technologies for the floating, production, storage and offloading (
Allseas, Royal IHC, GustoMSC to present new offshore vessel concepts, designs and new builds
In the recurring annual conference session on offshore vessels, representatives of Allseas, Royal IHC, GustoMSC, among others, will present on their latest concepts, designs and new builds for the offshore industry. The session which takes place on 29 October in Amsterdam RAI is part of Offshore
It is all about cooperation
Cooperation is becoming even more relevant now the challenges we face to provide our global societies with energy are increasing. Offshore oil and gas remain relevant, despite the important developments in unconventional oil and gas, like shale. Column by Nils van Nood, Managing Director, GustoMSC
Vallianz acquires offshore workforce provider OER
Sinagpore’s Vallianz Holdings Limited, a provider of offshore support vessels and integrated marine solutions to the oil and gas industry, hasannounced that it is acquiring OER Holdings Pte. Ltd. for US$27.7 million. Headquartered in Singapore, OER is a provider of manpower services to the offshore
‘Pacific Legend’ PSV delivered to Swire
Shipowner and operator, Swire Pacific Offshore Operations (Pte) Ltd (SPO) celebrated the naming and delivery of its third L Class PSV vessel, Pacific Legend in Kyoto, Japan on Tuesday, 30 September 2014. SPO has commissioned JMU to build four L Class series of Platform Supply Vessels as part of its
Siri oil now flows to subsea tank, not tanker
The oil from DONG Energy’s oil fields in the North Sea: Siri, Nini, Nini East, Cecilie and Stine-1, is now sent directly to the oil tank below the Siri platform. This takes place after completion of extensive repair work lasting several years.