Fossil Energy
Technip clinches Edradour subsea contract
French oilfield services provider Technip has been awarded a contract by Total E&P UK for the Edradour Subsea Development, located approximately 75 kilometers North West of the Shetland Islands, in approximately 300 meters of water. Technip’s scope of work covers the fabrication and installation of
CB&I bids farewell to Chief Operating Officer
CB&I has announced Lasse Petterson, who announced his retirement in December 2013 as Executive Vice President and Chief Operating Officer, has fulfilled his remaining obligations to the Company effective June 5, 2014. “The Company would like to thank Lasse for his contributions during his nearly f
Woodside acquires stake in offshore Morocco permit
Australia’s oil and gas company Woodside has finalised an agreement with Chariot Oil & Gas to farm-in to the prospective Doukkala Basin offshore north western Morocco.
Repsol finds oil offshore Trinidad and Tobago
Repsol has made a new hydrocarbons discovery in the Teak field, offshore Trinidad and Tobago, in the TSP block east of the island of Trinidad. The find in the TB14 well has upgraded the northern portion of the Teak B field that was not known to exist before. The newly-discovered area is estimated to
Transocean wins court case in Norway
Transocean Ltd., an international offshore drilling contractor, has announced that the District Court in Oslo, Norway yesterday ruled in a criminal case relating to criminal charges issued by Norwegian authorities against three of the Company’s subsidiaries for Norwegian tax returns filed for the ye
Statoil divests share in blocks offshore Angola
Norwegian oil company Statoil is divesting equity in blocks 38 and 39 in the Kwanza basin offshore Angola.
Obama urged to keep Jersey Shore off limits for offshore drilling
U.S. Senators Robert Menendez and Cory Booker (both D-NJ) and Congressman Frank Pallone (NJ-06) today sent a letter to President Obama urging his administration to keep the Atlantic Coast off limits for oil and gas exploration, stressing that the environmental and economic consequences of an oil spi
Aussies learn from Brits and Norwegians
In response to serious safety deficiencies identified in the offshore sector, the Maritime Unions of Australia (MUA), under the leadership of the Australian Council of Trade Unions (ACTU), has visited Norway and the United Kingdom to garner a better understanding of how each country delivers safe wo
Frontier hires UMW Naga 7 jack-up for drilling offshore Palawan
Malaysia’s UMW Oil&Gas has received contract from Frontier Oil Corporation for the provision of a jack-up rig for the company’s drilling campaign offshore the Philippines. The rig will be used for the KJF-1 and KJF-2 Drilling Programme in the KJF Field SC50 Block (formerly Calauit Field), offshore P
McDermott done building Ayatsil-B for PEMEX
McDermott International, Inc. has announced the successful completion of the Ayatsil-B Drilling Platform for PEMEX Exploración y Producción in the Bay of Campeche Ayatsil field.
Harris County Attorney sues 10 companies linked to Macondo blowout
Harris County Attorney Vince Ryan filed suit Wednesday against ten companies involved in the 2010 Deepwater Horizon oil spill in the Gulf of Mexico.
E.ON reduces gross debt
E.ON has announced that the company has reduced its gross debt by €1 billion ($1.36 bln). E.ON reduces gross debt
Vallianz vessels to support COOEC’s offshore construction works
Vallianz Holdings Limited, Singapore’s offshore marine solutions provider in the offshore oil and gas industry, has signed a three-year collaboration agreement with China Offshore Oil Engineering Co., Ltd. (“COOEC”), the largest offshore engineering and construction company in China. Under the agree
Borsa Italiana welcomes Fincantieri
Italian shipbuilder Fincantieri debuts today on MTA, the main market of Borsa Italiana, Italy’s main stock exchange. Fincantieri is one of the largest shipbuilding groups in the world, operating in the design and construction of complex ships with high technological capabilities, such as merchant an