Fossil Energy
Most popular articles of the week, September 8 – 14, 2014
VIDEO: How Auger platform escaped decommissioning Shell has launched a short movie, explaining why Auger, a tension leg platform in the U.S. Gulf of Mexico is special. BP against Scottish independence As the Scottish referendum approaches, everyone seems to have an opinion whether the Scots should
Baker Hughes: U.S. offshore rig count up 1 rig from last week
Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website according to which the U.S. offshore rig count is up by 1. BHI Rig Count: U.S. +6 to 1931 rigs U.S. Rig Count is up 6 rigs from last week to 1931, with oil rigs up 8 to 1592, gas rigs down […]
Jobs slashed across Norwegian oilfield services sector
Norwegian oilfield services sector is being hit hard by austerity measures aka ‘capital discipline’ taken by oil companies, mainly Statoil.
Oceaneering extends CSV ‘Bourbon Oceanteam 101’ charter
Oceanteam Shipping ASA has announced that Oceaneering International, Inc. has exercised both one year options on the CSV Bourbon Oceanteam 101 up to February 2017. The vessel will continue its field support services for work offshore Angola on blocks 18 and 31. Upon delivery in December 2007, this D
Paragon Offshore growing its business
Paragon Offshore plc President and Chief Executive Officer Randall D. Stilley spoke recently at the Pareto Securities Oil and Offshore Conference in Oslo, Norway. In prepared remarks, Randall D. Stilley commented on the strength of the business, steady market outlook for the standard specification j
Three Russian energy firms hit by new sanctions
It is official. The new package of sanctions by the EU against Russia has taken effect today, after the legal acts were published in the EU Official Journal on Friday. As previously reported, apart from the companies which are part of Russia’s defense sector, companies established in Russia whose ma
SMD to launch new ROV training simulator
SMD, a manufacturer of remote intervention equipment for operating in hazardous environments, has announced the release of the new advanced ROV Training Simulator.
TSC’s Alliance Offshore Drilling orders second Zentech jack-up
Alliance Offshore Drilling, a subsidiary of China’s TSC, has ordered a jack-up drilling rig from CSSC Huangpu Wenchong Shipbuilding.
TSC to provide BOP POD Transport Skids for two semi-subs
TSC Group Holdings Limited and Yantai CIMC Raffles Offshore Limited (“CIMC Raffles”) entered into an agreement for TSC to provide BOP POD Transport Skids for two D90 semi-submersible drilling platforms (H1277, H1278). Moreover, TSC also signed an agreement to provide CIMC Raffles’ Norshore Pacific d
SBM Offshore hopes to get back on Petrobras’ bidders list
SBM Offshore, a provider of floating production storage and offloading vessels, expects it will be qualified to bid for Petrobras’ projects again after October elections in Brazil, Reuters reports.
Acteon acquires UTEC Survey
Acteon has announced the acquisition of UTEC Survey, an independent survey services business with a global footprint. UTEC offers high quality and cost-effective technology solutions in order to gather, process and manage data that supports informed decision-making across the entire life of a subsea
Strengthened sanctions against Russia enter into force today
The Council of the European Union on Thursday announced that strengthened EU sanctions against Russia, for its involvement in the Ukraine crisis, will enter into force upon the publication of the legal acts in the EU Official Journal on Friday. They include the following measures: Restrictions on Ru
Navingo sets date for Maritime & Offshore Career Event
Navingo BV has announced that the 9th annual Navingo Maritime & Offshore Career Event (MOCE) will be held on Wednesday 22 April 2015 at the Beurs World Trade Center in Rotterdam, The Netherlands. During the 2014 event the organizer, Navingo BV, welcomed 4.449 visitors and 131 exhibitors, making this
Japan’s Mitsubishi grabs stake in Côte d’Ivoire block
Mitsubishi has used the opportunity to highlight the fact that this transaction makes it Japan’s first company to enter oil and gas exploration business in Côte d’Ivoire.