Fossil Energy
Deep Down secures work offshore West Africa
Deep Down, Inc., an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, has been awarded a contract for a project located offshore West Africa. Deep Down will supply vessel-based equipment and personnel for an umbilical
SBI Offshore wrapping up EPCC project in Malaysia
SBI Offshore Limited has announced today that it expects to complete a major Engineering, Procurement, Construction and Commissioning (“EPCC”) project for a Malaysian client worth approximately US$30 million on 23 July 2014 for final delivery at the end of the month. The SGX Catalist-listed O&M play
Total to conduct manned underwater operations on Martin Linge
Total E&P Norge AS has received consent to conduct manned underwater operations on the Martin Linge Project. The Martin Linge field is close to the boundary with the UK sector, around 42 kilometres west of Oseberg. Water depth at the site is 100-120 metres. Scheduled start-up is 10 August 2014. The
UK Government to boost new regulator with $26M
The UK Government has announced it would contribute short term funding of $26 million (£15 million) over five years to help kickstart the establishment of a new arm’s length regulatory body in the official response to Sir Ian Wood’s review into improving efficiencies in the UK’s offshore oil and gas
AIS launches offshore survival training centre (UK)
AIS has opened a brand new £2.5m state-of-the-art offshore survival training centre on North Tyneside. The new 20,000 sq ft centre is located beside existing 120,000 sq ft training village in North Shields, comprising of 11 bespoke centres. Approved by industry bodies including OPITO (Offshore Petro
Lundin to use Bredford Dolphin at Vollgrav (Norway)
Lundin Norway AS has received consent to use the Bredford Dolphin mobile drilling rig to drill and perform production testing of exploration well 33/12-10 S in production licence 631, Vollgrav, offshore Norway. The activities are planned to start in July/August 2014 and estimated to last 55 days. Br
OMV strikes oil in Black Sea (Romania)
OMV Petrom has announced the success of an exploration well drilled in Istria XVIII offshore Perimeter (shallow water). The Marina 1 well encountered a new oil reservoir on the continental shelf of the Black Sea. “The Black Sea is an important area for OMV Petrom, an area which continues to have pot
Transocean proposes ex NOV CEO as Vice Chairman
Transocean Ltd.’s Board of Directors has recommended that shareholders approve the election of Merrill A. “Pete” Miller, Jr. as a member of the Board for a term extending until completion of the 2015 Annual General Meeting. Assuming he is elected by shareholders at the EGM, the Board intends to desi
KCA Deutag secures contract for jack-up ‘Ben Rinnes’ (Angola)
International drilling and engineering contractor, KCA Deutag, has been awarded a $170m contract by Sonangol Pesquisa e Produção, S.A., for the provision of the Ben Rinnes jack-up rig in Angola. The two-year agreement, which comes with a two-year extension option, will see KCA Deutag’s offshore divi
OPITO: O&G Skills Awards launched (UK)
OIL and gas industry skills organisation OPITO is today (16th July 2014) launching a nationwide search for the shining stars that are helping raise the bar on the sector’s skills agenda. Nominations have opened for the inaugural OPITO Awards which seek to recognise employers who have engaged with UK
UTEC in pipeline survey off NW Australia
UTEC operated vessel “Yardie Creek” is nearing completion of major AUV pipeline survey campaign off the NW coast of Australia. The vessel is equipped with subsea positioning and 2 x 1000 metre rated AUVs fitted with multibeam, side-scan sonar, sub-bottom profiler and magnetometer. The spread will be
Aibel reaches consultancy agreement with Statoil (Norway)
Aibel has entered into a framework agreement concerning the supply of personnel to Statoil’s projects in Norway and abroad. The agreement comes in addition to Aibel’s existing framework agreements with Statoil and is valid for one year from 1 August 2014 with an option to extend for one further year
CNPC finds oil and gas shows in South China Sea
China National Petroleum Corporation (CNPC) has reported that the petroleum drilling and exploration operation of Zhongjiannan Project was completed smoothly and on schedule on July 15th with the oil & gas shows found. In accordance with the work procedures of deep-sea petroleum exploration and deve
Kvaerner delivers three large projects in Q2 2014
Kvaerner has presented results for the second quarter in line with what the company has predicted. In addition, the order book has increased with new contracts and growth in existing projects. Operating revenues for the second quarter were $460 million (NOK 2 861 million), while they were $527 (NOK