Fossil Energy
Atlantic Offshore waves goodbye to Ocean Searcher
Atlantic Offshore has reported that MRV Ocean Searcher has been sold.
KENC Oil & Gas moves to new premises to meet offshore industry demand
KENC Oil & Gas, specialists in the design, fabrication and supply of custom engineered equipment, will move to new, larger premises to meet growing demand from the on and offshore industries. From mid-July, KENC’s new headquarters will be at a 450m2 facility nearby the company’s existing address in
WSP Holdings’ director resigns
WSP Holdings Limited, a Chinese manufacturer of API and non-API seamless casing, tubing and drill pipes used in oil and natural gas exploration, drilling and extraction, and other pipes and connectors, has announced that Badrul Feisal bin Abdul Rahim tendered his resignation from the board of direct
Statoil suspends Scarabeo 5 contract
Owing to overcapacity in its rig portfolio, Statoil will suspend its contract with Saipem for the rig Scarabeo 5 from the autumn of 2014, provisionally for the reminder of the year. This means that Scarabeo 5 will be laid up for a brief period. Statoil is planning to re-commission the rig after the
Eni’s new supercomputer put to work
Italian oil company Eni has put into operation its second major High Performance Computer system. The new supercomputer has an innovative approach based on the usage of accelerators to implement a so called “hybrid cluster architecture‘. It comprises 1500 IBM iDataPlex dx360 M4 nodes, built on more
Bounty gets Timor Sea permit renewed
Bounty Oil & Gas NL has informed that petroleum exploration permit AC/P 32 located in the Ashmore Cartier Territory; Timor Sea, has been renewed by the National Offshore Petroleum Authority for a further period of five years from 24 June, 2014. The renewed area of 342 km2 covers the 100 MMbbls recov
Canusa-CPS clinches South Stream contract with Saipem
ShawCor Ltd. announced today that its field-applied pipeline coatings and services division, Canusa-CPS, has received a contract with a value of approximately Cdn $30 million from Saipem SpA to provide field joint coating services for Line 1 of the South Stream Offshore Pipeline. The South Stream Of
NDM acquires Shalk Engineering
Norwegian Deck Machinery AS (NDM) have entered into an agreement with the majority shareholders in Shalk Engineering to transfer their shares and to integrate their products into the NDM’s portfolio. Shalk Engineering will be re-named to Norwegian Deck Machinery Ulsteinvik AS (NDM Ulsteinvik). Sha
Lundin welcomes Wintershall as partner in PL 359
Lundin Petroleum will sell an additional 15 percent interest in Production Licence 359, offshore Norway, which contains the Luno II discovery. Lundin Norway will sell a 15 percent interest to Wintershall Norge AS (Wintershall) on the same terms as the PL359 transactions announced on 17 June 2014. To
Court to decide on New Jersey coast seismic survey
The Christie Administration, New Jersey, USA, is taking legal action to halt a federally approved seismic ocean survey that is scheduled to start this month off the New Jersey coast, and which could adversely impact the state’s vital tourism and fishing industries, and marine life, Department of Env
Songa Venus stacked in Malaysia. Mercur down on BOP issues
Songa Offshore, an international offshore drilling company, has announced its rig fleet update for June 2014. The company said that its Songa Venus semi-submersible drilling rig went off contract on 6 May 2014, and is now stacked in Labuan, Malaysia, where it pursues future work. Songa Mercur achiev
Third well comes on stream at Tubarão Martelo field
Brazilian oil company Óleo e Gás Participações S.A. (OGpar), formerly known as OGX, has kicked off the production of the third well in the Tubarão Martelo field, in the Campos basin, offshore Brazil.
AGR secures software contract with Petronas
Global oil and gas service company based in Norway, AGR, has been awarded a software contract with Malaysian oil and gas company, PETRONAS Carigali Sdn Bhd (PCSB). Valued at over $1 million, the contract signals a three year partnership with an option to extend for a further two years between AGR an
Xcite, Aibel enter MoU for Bentley platform
Xcite Energy has entered into a Memorandum of Understanding with Aibel AS, which sets out the principles for executing the Engineering, Procurement and Construction of the Ove Arup & Partners (“Arup”) designed self-installing ACE platform selected for the Bentley field in the UK North Sea. Aibel wil