Fossil Energy
U.S. Offshore rigs at 55
According to the Baker Hughes’ Weekly Rig Count report, the U.S. offshore rig count is 55. BHI Rig Count: U.S. + 15 to 1873 rigs U.S. Rig Count is up 15 rigs from last week to 1873, with oil rigs up 13 to 1558, gas rigs up 3 to 314, and miscellaneous rigs down 1 to […]
Scottish Enterprise signs partnership agreement with Statoil
Statoil Technology Invest and Scottish Enterprise have formed a strategic partnership to encourage small and medium-sized enterprises (SME) in Scotland to invest in R&D and technology development. Richard Erskine, head of Statoil Technology Invest, and Scottish Enterprise chief executive Lena Wilson
Seadrill Partners closes loan deal
Seadrill Partners LLC announced today that it has closed the proposed US$1.1 billion add-on senior secured term loan B announced on June 5. The add-on term loan was upsized from US$1 billion and priced at the existing rate of Libor plus 3%. The loan will be borrowed by two of the Company’s subsidiar
CIMC Raffles lays keel for Frigstad semi
China’s CIMC Raffles yard today held the keel laying ceremony for the 7th generation semi-submersible drilling rig.
Saipem hires Rana for diving job in Adriatic
Italian oilfield services provider Saipem has awarded RANA a saturation diving contract for the tie-ins at the recently installed platforms Fauzia and Elettra in the Northern Adriatic Sea, Italy. The work scope includes metrology for closing tie-in spools fabrication, tie-in spools installation, ris
Otto sells three AHTS vessels
Singapore’s Otto Marine has decided to sell three of its Anchor Handling Tug and Supply Vessels to GO Marine Group. The three 6,000 bhp vessels Go Avior, Go Hawk and Go Harrier will be sold to Go Marine group for $37 million. Otto said that the purchase price was determined on an arm’s length willin
Aker Solutions secures Mariner field maintenance contract (UK)
Aker Solutions secured a contract from Statoil to provide maintenance and modifications services for the Mariner oilfield development in the UK North Sea.
Excelerate to deploy FSRU offshore Bangladesh
Excelerate Energy and Petrobangla have reached agreement on terms for the development and operation of Bangladesh’s first LNG import terminal.
Statoil gets nod to use Scarabeo 5 for Norwegian Sea well plugging
The Petroleum Safety Authority Norway has granted Statoil consent to use Scarabeo 5 for plugging well 6406/2-7-1 in the Norwegian Sea.
PSA audits Ivar Aasen load-bearing
From 23 to 25 April 2014, the Petroleum Safety Authority Norway (PSA) carried out an audit of Det norske’s follow-up of the Ivar Aasen project. The objective was to verify that engineering of the load-bearing structures was in compliance with applicable regulations. No non-conformities were identifi
STATS to open training centre near Aberdeen
Pipeline engineering specialist STATS Group has invested £500,000 in establishing a global training centre at its UK headquarters near Aberdeen. In response to higher demand for its patented technologies, the centre will be used to meet the group’s training and competency assessment needs for its fi
Statoil awards steel wire rope contract to Otic Equipment
Norwegian Otic Equipment AS has signed a frame agreement with Statoil for the delivery of high performance steel wire rope for uses at Statoil’s offshore cranes. The agreement starts 1st July, and is for 4 years with an option for an additional 2 x 2 years. The deliveries will be based on high perfo
Deepsea Aberdeen rig named in South Korea
The naming ceremony of Deepsea Aberdeen semi-submersible drilling was celebrated on June 25 in South Korea.
MCG completes processing of Barents Sea seismic data
MultiClient Geophysical has announced that the processing of the MCG1302 data from the Barents Sea, offshore Norway, has been finalized. The survey covers license PL720, awarded in the 22nd Concession Round, and open acreage in the Stappen High area in the western part of the Barents Sea. Geological