Fossil Energy
Farstad’s new PSV delivered in Vietnam
Norway’s Farstad has today taken delivery of its latest Platform Supply Vessel.
INTECSEA secures Culzean subsea FEED
INTECSEA’s UK office has secured the subsea front-end engineering and design (FEED) contract for Maersk Oil UK’s Culzean development in the North Sea.
TAQA achieves record oil & gas production. Reports $140M in 1H profit
Edward LaFehr, Chief Operating Officer, said: “We have seen a great performance during the first half. Record oil and gas production and strong prices have driven our EBITDA to its highest levels.”
Iran denies oil deal with Russia
Iran’s Petroleum Minister Bijan Namdar Zanganeh has rebuffed rumors of any agreement with Russia to buy Iran oil, after media reports of a $20 billion trade deal
Heerema-AF JV get LoI for Murchison platform removal job
AF Decom Offshore U.K. Limited in a consortium with Heerema Marine Contractors Nederland SE, called Heerema-AF Consortium, has been awarded a Letter of Intent by CNR International (U.K) Limited, for the removal and disposal of the Murchison Platform in the North Sea. Murchison oil field straddles ac
CIMC Raffles delivers jack-up rig to Coastal Contracts
Chinese offshore rigs builder CIMC Raffles has delivered the Coastal Driller 4001 jack-up drilling rig to Coastal Contracts Bhd. The delivery marks the ninth rig built and delivered from the company’s yard in Yantai. Coastal Driller 4001 rig is 70.36 meters long, 76 meters wide and 9.45 meters high,
Maersk orders four vessels from Cosco
The new vessels are expected to be delivered in 4Q2016 and 1H2017 respectively.
NCS Survey wins positioning services job with Ceona
NCS Survey, an Acteon company, has been awarded a five year contract for positioning services with SURF company, Ceona. Mobilisation has been successfully completed on the first vessel, Ceona’s DP3 multi-purpose vessel, the Normand Pacific. Following initial work in the Gulf of Mexico, NCS Survey wi
Rockhopper completes MOG takeover
Rockhopper has completed the acquisition of Mediterranean Oil & Gas plc (“MOG”), an oil and gas exploration company with assets in Italy, Malta and France. Following the completion of the transaction on August 11, Keith Henry, William Higgs, Christopher Kelsall, Sergio Morandi, Peter Jackson and Enr
Schlumberger: Sanctions on Russia to affect operational efficiency and costs
Schlumberger, one of the biggest oilfield services providers in the world, is closely monitoring the situation in Russia following the economic sanctions imposed by the USA and EU. “In the past week, both the United States and the European Union (EU) have announced economic sanctions and restriction
IADC lauds Atwood Oceanic’s Competence Assurance Program
Atwood Oceanics, a Houston-based offshore drilling contractor, has been granted full accreditation of its Competence Assurance Program by the International Association of Drilling Contractors (IADC). This accreditation follows a detailed audit by IADC of Atwood’s systems and processes for assessing
Eldfisk oil leak under investigation
The Petroleum Safety Authority Norway (PSA) has resolved to investigate an oil leak which occurred on the Eldfisk field in the North Sea on 7 August 2014. This incident happened early on the morning of Thursday 7 August, and led to the discharge of stabilised oil to the sea from the Eldfisk FTP fiel
Tangiers remains in trading halt
Tangiers Petroleum Limited, an Australian-based oil explorer with assets offshore Morocco in shallow water advises that the company’s securities continue to be suspended on both ASX and AIM pending the release of an announcement to the market in relation to Tangiers’ funding obligation for the TAO-1
Twin Marine, Shandong Shipping form JV company
Norway-based marine heavy lift contractor Twin Marine Heavylift AS signed a joint venture deal with China’s Shandong Shipping Corporation of Qingdao. The new JV company, Shandong Twin Marine, will own and operate the 34,000 tonne Twin Marine Lifter (TML) System, transportation vessels and associated