Fossil Energy
Gazprom as welcome as any other oil company, Croatia Prime Minister says
Croatia’s Prime Minister Zoran Milanović has said that Russian oil and gas giant Gazprom is as welcome to explore for oil and gas deposits offshore Croatia as any other oil company. Asked whether the message would provoke criticism of the West, he said that Croatia would not be drawn into the bicker
Oil & Gas UK: Nominations for Eighth Annual Awards now open
Today (1 July) Oil & Gas UK has launched its quest to find the most outstanding companies and inspirational people working in the offshore oil and gas industry by opening the nominations for this year’s Awards. The Oil & Gas UK Awards, sponsored by Shell U.K. Limited, will take place at Aberdeen’s E
Byron Energy: Drill pipe stuck in Gulf of Mexico well
On June 27, 2014 Byron Energy Limited advised that at 4.00 pm on June 26 2014 ,USA Central time, the Byron Energy SM6 #1 BP01 well was reestablishing complete circulation in preparation to trip out of the hole and resume operations. Circulation was re-established at a depth of 7,424 feet (2,263 metr
Maridive wins OSV contract in Egypt
Maridive & Oil Services has announced that the company has won a contract worth $26 million in the Offshore Support Vessel (OSV) segment for Petrobel in Egypt. The 2-year contract is scheduled to start in Q4-2014. Maridive’s Q1 consolidated financial results had shown $1.1 million net profit, with a
Eni thinking of drilling offshore Turkmenistan
Turkmenistan’s President Gurbanguly Berdimuhammedov received Eni CEO Claudio Descalzi to discuss Eni’s presence and operations in the Country and opportunities for future cooperation. The President expressed his satisfaction for the current status of activities, in particular the excellent HSE perfo
Largest ever 3D survey offshore Ireland kicks off
Polarcus Amani seismic vessel, owned by Polarcus, has mobilized for a 4,400 sq. km RIGHTBAND(TM) 3D multi-client survey in the Southern Porcupine basin, offshore Ireland. The multi-client project, being acquired in collaboration with ION GeoVentures and GeoPartners, will be the largest ever 3D multi
Havyard now listed on the Oslo Stock Exchange
The Havyard stock, with the ticker HYARD, began trading from 9 o’clock today at the Oslo Stock Exchange and at 13 o’clock President & CEO Geir Johan Bakke rang the ceremonial bell. In February, the majority owner Havila Holding announced the planned IPO of Havyard Group. The IPO will improve the pre
KNOT Offshore completes ‘Hilda Knutsen’ and ‘Torill Knutsen’ acquisition
KNOT Offshore Partners LP has announced that it has completed its acquisition of all the ownership interests in the companies that own and operate the shuttle tankers Hilda Knutsen and Torill Knutsen. The purchase price of the Hilda Knutsen was $166.0 million, net of $109.6 million of outstanding in
EMAS reaches milestone in Gulf of Thailand
Ezra Holdings Limited today announced that the Group’s Subsea Services division, EMAS AMC, has achieved the significant milestone of installing 50 platforms for Chevron in the Gulf of Thailand. Under a multi-year contract that started in 2011, EMAS AMC has also successfully laid 376km of subsea pipe
Berkut platform becomes operational. Putin takes part via video link
Rosneft and ExxonMobil, within the framework of the Sakhalin-1 consortium, put into operation the Berkut platform at the Arkutun-Dagi field having successfully installed topside at gravity base structure. On 27 June the platform was put into operation, with Russian President Vladimir Putin watching
Saipem recognises FoundOcean’s Edvard Grieg effort
FoundOcean was awarded ‘Top Sub-Contractor’ status for the North Sea Edvard Grieg development, following completion of the foundation grouting for the 134m jacket structure in May 2014. Saipem Project Manager David Fleet praised FoundOcean for their proficiency. “We wanted to recognise the thorough
Keppel lands Kraken FPSO deal
Keppel Offshore & Marine Ltd (Keppel O&M)’s wholly owned subsidiaries Keppel Shipyard Ltd and Keppel Singmarine Pte Ltd have secured contracts worth a total of S$368 million (USD 295 million). The contract secured by Keppel Shipyard is for the conversion of a Floating Production Storage and Offloadi
CPP topside en route to V. Filanovsky field in Caspian Sea
Last week Lukoil began transporting of the topside of the central processing platform (CPP) from Astrakhan to the Russian sector of the Caspian Sea, where construction of field facilities is underway at Vladimir Filanovsky field. The CPP is designed for the processing and platform-to-shore transport
HOS Black Watch launched (VIDEO)
Eastern Shipbuilding Group, Inc. has launched the HOS Black Watch offshore supply vessel for Hornbeck Offshore Services, LLC. The HOS Black Watch is Eastern’s fourth vessel in Hornbeck Offshore’s HOSMAX 310 class series. The launching event was held at Eastern’s Allanton facility on June 6, 2014, wi