Fossil Energy
Swissco buys Scott and English Energy
Shareholders of Swissco Holdings Limited, a marine service provider for the offshore oil and gas industry, have approved the acquisition of Scott and English Energy Pte. Ltd. for approximately $230 million (S$285 million). Scott and English Energy is in the business of owning and leasing mobile offs
AWE releases offshore Taranaki rig
AWE Limited, as Operator of Petroleum Mining Permit 38158 offshore Taranaki, New Zealand, has released a final update concerning the Oi-2 well. The company has reported that plug and abandonment operations for the Oi-1 and Oi-2 exploration wells have been completed. The Kan Tan IV drill rig was rele
Harris Pye refurbishes ‘Atwood Hunter’ in West Africa
Harris Pye Engineering and a subsidiary of Atwood Oceanics, Inc. recently forged another successful partnership by jointly executing a very challenging project off the coast of West Africa – the exact location, at anchorage in the Port of Limbe, Cameroon, for the Atwood Hunter. “The objective of thi
Halliburton makes $776M in second quarter
Halliburton has announced that income from continuing operations for the second quarter of 2014 was $776 million, or $0.91 per diluted share. This compares to income from continuing operations for the first quarter of 2014 of $623 million, or $0.73 per diluted share. Halliburton’s total revenue in t
McDermott lands Megalodon platform installation gig
McDermott International, Inc. has announced that one of its subsidiaries was awarded a contract to provide transportation and installation services to Walter Oil & Gas Corporation for the Megalodon platform destined for South Timbalier Block 311 in the Gulf of Mexico. The project is expected to be i
FMC Technologies in JIP with four O&G majors to develop new generation subsea equipment
FMC Technologies, Inc. has signed an agreement which establishes a joint industry program that includes Anadarko Petroleum Corporation, BP, ConocoPhillips and Shell for the purpose of jointly developing a new generation of standardized subsea production equipment and systems designed to meet the cha
Ghana approves Deepwater Cape Three Points West Block deal
Ghana’s Parliament has ratified the petroleum agreement between the government of Ghana, Ghana National Petroleum Company (GNPC), A-Z Petroleum Products Ghana Limited and Eco Atlantic Oil and Gas Limited. The agreement is in respect of the Deepwater Cape Three Points West Block, which is approximate
Statoil’s Njord A platform up and running again
Statoil resumed oil and gas production on the Njord A platform in the Norwegian Sea on 19 July, after a major reinforcement of the platform structure. Production has been shut down since last summer. Extensive analyses and inspections in 2013 revealed a need to reinforce the Njord A platform structu
Halliburton promotes VP, COO to President
Halliburton has announced the promotion of Jeff Miller, currently the company’s executive vice president and chief operating officer, to president and his appointment to the Halliburton Board of Directors both effective August 1, 2014. In this new role, Miller will complement the leadership of Dave
Kleven signs shipbuilding contract with IES Pioneer
Kleven has signed a new shipbuilding contract with Malaysian based Joint Venture Company IES Pioneer Ltd. The contract for the new vessel is of the MT 6015 MPSV design, designed by Norwegian design company MarinTeknikk, and will be outfitted with a crane, helideck and FiFi II. Delivery will be in Se
Eni pens cooperation deal in Congo
The Congolese Minister of hydrocarbons, André Raphael Loemba, and Eni CEO, Claudio Descalzi, in the presence of President of Congo Dennis Sassou Nguesso and the Italian Prime Minister, Matteo Renzi, have signed a cooperation agreement. This agreement states Eni’s intention to pursue new initiatives
ONGC reports on gas leak in Mumbai offshore
India’s Oil and Natural Gas Corporation Limited (ONGC) has, on July 19, 2014, issued a status report regarding the gas leakage in Mumbai offshore. The company has reported that, on 19th July 2014, early in the morning, the operation on the drilling rig Sagar Uday has been stopped for safety reasons
N’Goma FPSO ready to kick off Angola ops
Eni has reported that the N’Goma FPSO is ready to sail away to the offshore site block 15/06 in Angola, following the naming ceremony held on Friday at Port Amboim. It will then start mooring and hook-up operations. Eni and its partners have met a key milestone towards the achievement of the first o
SPO’s ‘Pacific Legacy’ named in Japan
Swire Pacific Offshore Operations Ltd (SPO), a shipowner and operator, has named its second L Class vessel, Pacific Legacy in Japan on 17 July 2014. The naming ceremony was held at Maizuru Shipyard of Japan Marine United Corporation (JMU). Over 30 people attended the naming ceremony. Jeanne Sumantri