Fossil Energy
Siem Offshore sells two OSCVs
Norway’s Siem Offshore has entered into an agreement with Daya Materials Bhd. for the sale of the two 2013-built Offshore Subsea Construction Vessels (“OSCVs”) ”Siem Daya 1” and ”Siem Daya 2” at a total price of USD 282 million. Daya, based in Malaysia, has been given 150 days to arrange for financi
‘Safe Boreas’ progressing well
Prosafe, one of the world’s biggest providers of accommodation rigs to the international offshore oil and gas industry, has said its new build projects are progressing well and are within budget.
Rosneft, NADL mull assets swap
Rosneft, Seadrill Limited and North Atlantic Drilling Limited (NADL) signed a Framework Agreement that envisages long-term cooperation in the sphere of oilfield development projects. The document foresees the acquisition by Rosneft of NADL shares through an exchange of assets and investments in NADL
Bureau Veritas nabs Kaombo FPSOs contract
Bureau Veritas has been awarded a contract by Saipem to provide classification and certification services for the two Kaombo FPSOs for service offshore Angola. The US$4bn project for the FPSOs was awarded to Saipem by Total for the engineering, procurement, installation and commissioning of two conv
AziPac acquires stake in Block 127, off Vietnam
AziPac Limited has acquired a 25% interest in Block 127 PSC, offshore Vietnam.
LOOP: Offshore Marine Terminal restart imminent
LOOP’s Offshore Marine Terminal in Louisiana that suspended its crude oil offloading operations on August 13, is expected to get back online soon.
OMV: Whio-1 well at 2,670M (New Zealand)
Cue Energy Resources Ltd has been advised by OMV New Zealand Ltd (OMV), the Operator of permit PEP 51313, that at 08:19 hours (local time) on Friday 22nd August 2014, the Whio-1 well was at a depth of 2,670m MDRT in 12.25″ hole, and is drilling ahead towards the planned total depth of 2,879m MDRT [&
Transocean’s new drillships start operations
Transocean, one of the world largest offshore drilling contractors, has announced its two new deepwater drillships have begun drilling operations.
Petrofac Chairman steps down
Petrofac, the international oil & gas facilities service provider, has announced that Norman Murray, who has been Chairman since May 2011, has resigned from the Board and will step down as Chairman with immediate effect for compassionate reasons. Senior Independent Director, Rijnhard van Tets, will
2H Offshore names principal engineer in Norway
2H Offshore, an Acteon company, has appointed Paul Hopkins as principal engineer, to develop 2H Offshore’s growing client base in Norway. Hopkins worked for 2H Offshore from 2001 – 2006 on a diverse range of riser projects, including Exxon’s Kizomba A and B developments and BP’s Shah Deniz project.
Petrobras Moita Bonita extension proves oil presence
After completing drilling a formation test was conducted, which proved the presence of 41º API oil and good reservoir productivity.
Pulse hired to support Total’s drilling at Martin Linge
Pulse Structural Monitoring (Pulse), an Acteon company, has been awarded a contract with Total E&P Norge AS to provide a real time integrity monitoring system, to measure platform displacement during drilling operations. The two-year contract, with a two-year extension option, will support Total’s d
Santos makes significant gas-condensate discovery offshore Australia
Santos’ Head of Exploration, Bill Ovenden, described Lasseter-1 as an important gas discovery for the company.
Kvaerner selected for Oseberg platform concept study
Statoil has awarded Kvaerner a concept study related to a standardised, unmanned dry tree wellhead platform for the Oseberg Future Development project. The concept is focused on minimisation of facilities, equipment and costs down to water depths of 150 meters and may be a cost effective solution co