Fossil Energy
Solan facilities nearing completion, Premier Oil says
Premier Oil, a UK-based independent oil and gas company, has informed that the development of the Solan field in the UK North Sea, west of the Shetland Islands, is progressing well. In its recent trading update, the company said that the construction and onshore commissioning of the jacket and the t
Bumi Armada orders Pusnes system for Kraken FPSO
MacGregor, part of Cargotec has won an order from Bumi Armada Berhad, a Malaysia-based international offshore oilfied services provider, to supply a Pusnes offloading system for a floating production storage and offloading (FPSO) conversion project. The Pusnes offloading system will be delivered by
MacGregor to equip four new Bumi Armada vessels
MacGregor, part of Cargotec, has won an order to supply equipment for three 80m ice-class vessels and a 96m shallow water pipe laying barge, all will be constructed for Bumi Armada Berhad, a Malaysia-based international offshore oilfield services provider. The vessels are destined to operate in the
UK: CAA approves improved EBS for offshore helicopter passengers
The UK Civil Aviation Authority (CAA), the UK’s specialist aviation regulator, yesterday announced the approval of a new enhanced emergency breathing system that will deliver improved levels of safety for offshore helicopter passengers. The move follows a series of measures announced in February to
LLOG Exploration names new CFO
LLOG Exploration Co., L.L.C. announced today it has named Philip S. LeJeune as its Chief Financial Officer to replace John Newman who retired after serving as LLOG’s CFO for the last eleven years. LeJeune brings nearly twenty years of experience to his new position. Most recently, he held the positi
DeepFlex, OIMO to set up new pipe manufacturing and testing site in Florida
DeepFlex has announced the signing of an agreement with Offshore Inland Marine & Services, Inc. (OIMO) to establish a new unbonded flexible pipe manufacturing and qualification testing facility to be located in the Port of Pensacola, Florida. The industrial complex will have direct access to the exi
‘Pieter Schelte’ to be completed in Rotterdam
Pieter Schelte, the biggest vessel of its kind in the world, is to be completed in the port of Rotterdam.
Aker Solutions sheds light on demerger proposal
The board of directors of Aker Solutions has in accordance with the strategy disclosed April 30 resolved to propose to the company’s shareholders that Aker Solutions be split into two companies. The board has also determined to write down the value of some assets in the Aker Oilfield Services unit o
Halliburton’s Baroid gets API Q2 Certification
Halliburton’s Baroid drilling fluids and waste management service line has received the American Petroleum Institute (API) Specification Q2 Certification – an advanced industry certification standard for oil and natural gas service companies – for its work in the Gulf of Mexico. API Q2 is a new, ris
BG wraps up CATS divestment
BG Group today announced it had completed the sale of its 62.78% equity interest in the Central Area Transmission System (CATS) gas pipeline in the UK North Sea and associated infrastructure to Antin Infrastructure Partners. Total proceeds from the transaction, announced on 17 June 2014, are up to £
ADIL caps successful first six months
ADIL, an independent energy consultancy, has capped a successful first six months of 2014 with contract wins totalling in excess of £3million across its Aberdeen and London operations. The company, which has secured projects with four new clients during Q1 and Q2, has seen the most significant growt
Kongsberg to provide 24/7 support for OMV drilling ops
Kongsberg Oil & Gas Technologies AS, has signed a four-year, multi-million dollar drilling data contract with Vienna-based OMV Group for all of its global drilling activities. The contract calls for KONGSBERG to equip OMV with the SiteCom® real-time operations support solution, which will provide 24
Chevron: Asset sales to boost 2Q numbers
Oil major Chevron expects its earnings for the second quarter 2014 to be higher than first quarter 2014 as a result of gains on asset sales and an absence of impairments in the prior quarter. Foreign exchange losses in the second quarter are expected to be higher than first quarter losses, the compa
Ezra enjoys record revenue
Singapore’s Ezra Holdings , a provider of integrated offshore solutions to the oil and gas (O&G) industry, achieved a record revenue of US$1 billion for the nine months ended 31 May 2014 (“9M14”), a 24% increase from US$842.9 million in the previous corresponding period (“9M13”). Revenue for the thr