Fossil Energy
Aiken Group creates new arm, Aiken Burke
Aberdeen-based Aiken Group has announced the launch of a new division called Aiken Burke. Aiken Burke specialises in commercial and contract consultancy and schedule delay analysis. The core of the business is ensuring dynamic project controls to increase efficiency and avoid disputes with a particu
LOOP: Offshore Marine Terminal offloading ops to resume this week
Offshore Marine Terminal, which suspended its crude oil offloading operations on August 13, could be back online this week.
CNPC DR to fund Badger Explorer drilling tool (VIDEO)
Badger Explorer ASA (BXPL) has signed a Co-operation Agreement concerning a potential long term agreement with China National Petroleum Corporation Drilling Research Institute (CNPC DR), whereby CNPC DR will become a sponsoring partner in the development of the Badger Explorer autonomous drilling to
Busy year for XPD8, Managing Director says
Asset integrity management specialist XPD8 Solutions has secured more than £2.25 million in combined contract wins for work in the North Sea and Malaysia.
Nam Cheong, Marco Polo form JV
Singapore Exchange Mainboard-listed companies, Marco Polo Marine Ltd and Nam Cheong Limited have formed a joint venture company following the sale of Marco Polo Marine Group’s 50% stake in Marco Polo Offshore (IV) Pte Ltd to Nam Cheong Group on 19 August 2014. The JV Co recently purchased a newly bu
CGX hires Bristow Helicopters for support offshore Guyana
CGX Energy, a Canadian company with exploration assets offshore Guyana, has announced that it has entered into a definitive agreement for the provision of helicopter services for use in the drilling of its first commitment well on its Corentyne Block scheduled to be spudded before October 31, 2015.
Pareto JGO Shipbrokers to acquire Derrick Offshore
Pareto JGO Shipbrokers and Derrick Offshore have announced a combination which brings together two of the world’s leading shipbrokers in the specialist offshore market. The transaction sees Derrick Offshore being acquired by Pareto JGO Shipbrokers. Derrick Offshore will continue to trade under its c
Minox gets to work on world’s largest FPSO
Total and Samsung Heavy Industries awarded the deoxygenation system contract for the world’s largest Floating Production Storage Offloading (FPSO) to Minox Technology. The FPSO is to be operated by Total at the Egina oil field, in the Gulf of Guinea, offshore Nigeria. A Letter of Award (LOA) was s
‘Sevan Louisiana’ stops operation due to BOP leak
Norwegian drilling contractor Sevan Drilling has reported a leakage on one of its offshore drilling rigs.
McDermott to remove Anadarko’s Red Hawk spar
McDermott International, Inc. has announced that one of its subsidiaries has entered into an agreement with Anadarko Petroleum Corporation to provide construction and decommissioning support services on the Red Hawk project. McDermott will supply its Derrick Barge 50 (“DB50”), for decommissioning su
Salamander Energy: First oil in FSO tanks in Bualuang
Salamander Energy has announced that first oil has been received in the tanks of the newly converted Suksan Salamander Floating Storage and Offtake Vessel (“FSO”) at the Bualuang field in the Gulf of Thailand. This is the culmination of the planned upgrade to the field’s facilities which targets a r
Nam Cheong sells four vessels for $90 M
Nam Cheong Limited, Malaysia’s Offshore Support Vessel builder, has announced that it has sold four vessels worth approximately US$90 million (approximately S$112.1 million). Leong Seng Keat, Nam Cheong’s Chief Executive Officer said: “We are pleased to see that the strong momentum has continued, wi
SBI Offshore to design jack-up rig for Middle East-Chinese players
SBI Offshore Limited has secured a US$24 million contract to provide design and engineering services for a jack-up drilling rig that can operate in water depths of up to 110 meters. SGX Catalist-listed SBI Offshore said its wholly owned subsidiary, SBI O&M Pte. Ltd., signed the contract with a Middl
Oilennium to create well control course for IWCF
Oilennium™ Ltd., a Petrofac Training Services (PTS) company that provides eLearning training services to the oil and gas industry, has been retained by the International Well Control Forum (IWCF) to produce a new eLearning course to explain the life cycle of a well, with primary emphasis on well con