Fossil Energy
Nam Cheong sells 4 vessels for $92M
Nam Cheong Limited, Malaysia’s largest Offshore Support Vessel (“OSV”) builder, today announced that it has sold another four vessels worth approximately US$92 million. With these four contract wins, Nam Cheong’s order book now boasts 25 vessels worth approximately RM1.7 billion (approximately S$660
VOS Pace PSV launched in China
Vroon has announced that on Monday 30 June, the launching of VOS Pace took place at COSCO Guangdong Shipyard in China.
N’Goma FPSO reaches Angola following a long journey
Following a voyage of 7,331 miles (13,577km), N’Goma FPSO safely berthed at Paenal’s 490-metre quayside at Port Amboim on 17th June 2014. The arrival of the vessel in Angola from Singapore marks the young yard’s second mega FPSO in just eight months. “Welcoming N’Goma helps to cement Paenal’s key po
Oando: ConocoPhillips transaction to close on July 31
Oando Energy Resources Inc. and ConocoPhillips have entered into an agreement to extend the outside date for completion of the proposed acquisition of the Nigerian Upstream Oil and Gas Business of ConocoPhillips to July 31, 2014. The parties extended the outside closing date for completion of the Co
Peterson Den Helder extends ‘Island Endeavour’ charter
Island Offshore has announced that Peterson Den Helder B.V has declared another year for the Island Endeavour vessel.
NPD reports high exploration activity in first six months
Exploration activity on the Norwegian shelf remains vigorous. Norwegian Petroleum Directorate has reported that thirteen new discoveries have been made this year, the largest of these in the Norwegian Sea. Eight exploration wells are currently being drilled. As of 24 June, 33 exploration wells have
Rosneft kicks off seismic surveys in Barents and Pechora Seas
Rosneft has started field works at five license blocks of the Barents and Pechora Seas: East Prinovozemelsky, located in the North-Eastern part of the Barents sea near the Novaya Zemlya archipelago, Perseevsky, located in the North-Western part of the Barents sea, and at the South Russky, South Prin
Gazprom begins Dolginskoye drilling
Gazpromneft-Sakhalin, a subsidiary of Gazprom Neft, has started drilling a new exploration well in the Dolginskoye field on the continental shelf in the Pechora sea.
Det norske gets permission to drill North Sea wildcat
The Norwegian Petroleum Directorate has granted Det norske oljeselskap ASA a drilling permit for the well 2/9-5 S in the North Sea, offshore Norway. Well 2/9-5 S will be drilled from the Mærsk Giant drilling facility at position 56°24’45.50’’ north and 03°55’06.08” east. The drilling program for wel
OSM Congo: Crew services contract for Hercules Resilience jack-up
OSM Congo has secured a contract to supply crew management services for Discovery Offshore (Gibraltar) Limited’s offshore jack-up rig, the Hercules Resilience.
Statoil needs to work on Troll A emergency preparedness, PSA says
From 19 to 21 May 2014, the Petroleum Safety Authority Norway (PSA) carried out an audit of Statoil and the company’s emergency preparedness management for Troll A platform in the North Sea, offshore Norway. The objective of the activity was to gain an overview of processes and systems that contribu
ONGC approves Mumbai High redevelopment proposal
The Board of India’s oil and gas company ONGC approved the proposal for Redevelopment of its giant offshore field – Mumbai High (North), located some
VIDEO: Island Performer getting ready to perform in Gulf of Mexico
A naming ceremony was held for the subsea vessel ‘Island Performer’ in Norway on Friday, June 27, 2014. The Island Performer, owned by Island Offshore, is getting ready for her work for FTO in the Gulf of Mexico. The vessel is equipped with a large intervention tower over the main moon pool, a 250-t
Teekay orders offloading system for Gina Krog FSO
Scana Industrier ASA has through its subsidiary Scana Offshore Vestby, been awarded a contract to deliver a Offloading System to Teekay Shipping Norway AS for their FSO at the Gina Krog field in the Norwegian sector of the North Sea. The FSO will be based on a converted Shuttle Tanker in the Teekay