Fossil Energy
OMV to plug Whio-1 off Taranaki. No hydrocarbons found
Cue Energy Resources Ltd has been advised by OMV, the Operator of permit PEP 51313, offshore New Zealand, that at 08:10 hours (local time) on Monday 25th August 2014, that the Whio-1 well reached a total depth of 2,824m MDRT (2,683m TVDRT) in the Paleocene Farewell Formation. Since the previous repo
DNV GL to standardize certification of subsea equipment
The subsea industry is challenged by the high cost levels, complexity and low predictability of quality control requirements throughout the supply chain. DNV GL says its aim is to help address these issues through the launch of a new ‘Standard for certification of subsea equipment and components’. T
TGS hires ‘Polarcus Alima’ for Sierra Leone survey
TGS announces acquisition of a 3D multi-client survey offshore Sierra Leone. The survey, Sierra Leone Block 4A Extension, will add 1,000 km(2) of new 3D data to the existing 6,268 km(2) of 3D data library in Sierra Leone. “This survey extends our current data coverage in an important and prospective
Cecon takes delivery of ‘Cecon Pride’
Cecon has taken delivery of their first vessel Cecon Pride from Davie Yards today, and the vessel is to depart for the Mediterranean at first high tide. Cecon ASA, through its subsidiary Rever Offshore AS (“Rever”) and their ship owning company Cecon Shipping 2 AS (“CS 2”), has today taken delivery
Zacks: Worst still to come for offshore drillers
The latest spate of fleet status reports – with news of low dayrates and contract terminations – provide further evidence that being an offshore driller is just not fun right now, Zacks Equity Research writes in its blog. Year-to-date, shares of major companies have significantly underperformed the
ABS to class 2nd generation Remora HiLoad system
ABS, a provider of classification services to the global offshore industry, has been selected to class the Remora HiLoad dynamic positioning (DP) BR loading unit, a second generation of the HiLoad DP system that connects to and keeps conventional tankers in position during crude oil offloading from
Harland & Wolff: New Director of Ship & Offshore Unit Repair
James Lappin has been appointed to the Board of Harland and Wolff Heavy Industries Limited as Director of Ship & Offshore Unit Repair. Lappin will have total responsibility for developing and growing the company’s business in this sector and for the successful execution of its projects. Mechanical E
Gazprom CEO, Vietnamese Ambassador talk business
Gazprom CEO Alexey Miller, and Fam Suan Shon, Ambassador of Vietnam to Russia last week met at the Gazprom headquarters in Moscow.
Bristow Group names Senior VP
Bristow Group Inc., a provider of helicopter services to the offshore energy industry, has announced today that it has appointed Chet Akiri to the position of Senior Vice President and Chief Corporate Development, New Ventures and Strategy Officer. As of September 2, 2014, Akiri will lead the compan
Hibiscus nearing Kitan acquisition
Hibiscus Petroleum has skipped another hurdle towards acquiring a stake in the Kitan oil field, located in the Timor Sea, from Talisman Energy.
KrisEnergy finds no pay at Mancharee-1 (Thailand)
KrisEnergy Ltd., an independent upstream oil and gas company, has announced that drilling operations have concluded at the Mancharee-1 exploration commitment well in G10/48 in the Gulf of Thailand, where the Company is developing the Wassana oil field. Mancharee-1, which started drilling on 8 August
McDermott CFO steps down to pursue other opportunities
McDermott International, Inc. today announced that Stuart Spence has been appointed Executive Vice President and Chief Financial Officer following the departure of Perry L. Elders, Senior Vice President and Chief Financial Officer, effective August 23, 2014. Elders will be pursuing other opportuniti
Lloyd’s Register issues guidance on offshore fire scenarios
Offshore fire risk requires a deep understanding and improved safety management on offshore vessels and installations, and ocean-going vessels. The new Lloyd’s Register Energy Guidance Notes, launched today at ONS 2014, assist designers, owners and operators of oil and gas equipment on how to assess
Ampelmann makes lifeboat installation less weather-dependent
In a refurbishment program to upgrade lifeboats on offshore platforms, Ampelmann completed a second successful re-installation using its full motion compensation technology.