Fossil Energy
Omega to supply Statoil with well completion solutions
Omega Completion Technology, an independent well completion and intervention technology developer and manufacturer, has secured a completions framework contract with Statoil ASA. The contract awards Omega the right to supply its unique ReACT Technology (Remotely Activated Completion Technology) to a
Decom North Sea welcomes new General Manager
Decom North Sea (DNS) has announced Karen Seath will join the organisation in September, in the role of General Manager. With the total cost of UKCS decommissioning expected to reach approximately £4.5billion in the next five years, these are strategically critical times for the North Sea decommissi
EMAS AMC signs subsea installation deal with Apache
EMAS AMC has been awarded a three-year frame agreement with Apache North Sea Ltd. for offshore construction services, following completion of a competitive tender exercise.
Chinese shipbuilder orders MacGregor cranes for two PSVs
The crane deliveries for this order are scheduled to begin in August 2014 and finish by the end of February 2015.
Kansai Electric Power acquires interest in Ichthys project
Inpex announced today it has agreed to transfer 1.2% of its equity interest in the Ichthys LNG Project to Kansai Electric Power Co., Inc. (Kansai Electric Power).
Record first half for Woodside
Record revenue, record profit, record production, record dividend
EMGS beefs up stake in North Energy
Norwegian geophysical services company EMGS is looking to increase its shareholding in North Energy ASA.
Apache wraps up drilling at Phoenix South discovery
Apache has completed drilling operations at its Phoenix South-1 well, in the North West Shelf in Western Australia.
ASCO’s Marine Supply Base in Darwin becomes operational
International oilfield support services company ASCO yesterday, August 19, opened its new Marine Supply Base in Darwin, Australia.
Topaz gets $75 M cash injection in return for stake in business
Topaz Energy and Marine , an offshore support vessel company, has announced a US$75 million new equity investment in the business from Standard Chartered Private Equity (“SCPE”), one of the world’s leading emerging market private equity investors. Under the terms of the investment, SCPE will inject
Chariot Farms Out stake in Brazilian blocks
Chariot Oil & Gas Limited has signed a farm-out agreement in Brazil with AziLat Limited.
North Energy increases presence in Norwegian Sea
North Energy ASA is increasing its equity holding in PL 484, offshore Norway, through an agreement on swapping licence interests with Explora Petroleum AS. Under the agreement on swapping licence interests, North Energy will acquire 20 per cent of PL 484 in the Norwegian Sea and transfer 10 per cent
Yard stays, rig start-ups bring Maersk Drilling’s 2Q profit down
Financial result was impacted by three rigs undergoing planned maintenance, upgrades and class surveys, and start-up costs
Kvaerner Stord extends Bibby Bergen coastel charter
Bibby Maritime has secured a four-month extension to Bibby Bergen’s charter with Kvaerner Stord yard on the West Coast of Norway.