Fossil Energy
Inpex: Ichthys LNG project half way there
INPEX announced today that the INPEX-operated Ichthys LNG Project has today celebrated its most significant construction milestone to date after officially marking 50 per cent completion.
Auxilium Offshore expands team
Auxilium Offshore has expanded its team with internationally experienced professionals from different disciplines. Earlier this year, Auxilium Offshore welcomed a number of experienced new staff members with practical knowledge and expertise, specifically in the offshore energy sector’s subsea opera
MMT starts assembling Surveyor Interceptor ROV
MMT has reported that after a year of engineering, constructing and testing of equipment, ROV Surveyor Interceptor is taking form at Kystdesign AS. The Surveyor Interceptor is a specialised fast underwater survey platform, capable of 8 knots while recording highest resolution Bathymetry, Lidar and H
Byron Energy encounters hydrocabon saturated zones at GoM well
Byron Energy Limited has advised that the Byron Energy SM 6 #1 BP01 in the U.S. Gulf of Mexico well reached a depth of 7.672 feet (2.338 metres) measured depth and 7.616 feet (2.321 metres) true vertical depth at 10 am (USA Central time) on June 23. 2014. Current operations are circulating in prepar
PSA: Statoil exposes workers to risk at Melkøya
Statoil has been issued with a notification of order concerning the use of an accommodation camp at Melkøya in connection with planned shutdowns at Hammerfest LNG. On 20 February 2013, Statoil received consent to use the accommodation camp in connection with planned shutdowns at Hammerfest LNG at Me
EV gets cash injection from Dunedin Enterprise
UK-based downhole video technology specialist EV has completed a £69 million management buyout backed by Dunedin, the UK mid-market buyout house. Headquartered in Norwich, EV has become the market leader in downhole video applications for the oil and gas industry, as a result of previous backing fro
Total cancels $250M Skandi Aker vessel contract
Aker Solutions’ subsidiary Aker Oilfield Services was notified by Total in Angola of the termination of a USD 250 million, two-year contract for the Skandi Aker vessel.
Premier Oil welcomes new CEO
Premier Oil, the UK-based independent oil and gas exploration and production company, today announced the appointment of Tony Durrant as Chief Executive Officer (CEO) with immediate effect. Durrant joined Premier in June 2005 and has served as Finance Director since that time. Prior to joining Premi
MEO, Apache sign option agreement for two exploration permits
MEO Australia has executed a binding option agreement with Apache Northwest Pty Ltd in relation to the AC/P50 and AC/P51 exploration permits, offshore Australia. Under the agreement, Apache has an option until 30th September 2014 to elect to acquire a 70% interest in, and assume operatorship of, the
IPB hires Stena Clyde semi for Prydery drilling
IPB Petroleum has announced that WA-424-P Joint Venture (IPB 75%, CalEnergy 25%, and Operator) has secured the Stena Clyde semi-submersible drill rig for its upcoming Pryderi-1 exploration well in the Browse Basin, located north of Broome, offshore Western Australia. Based on contracted terms and th
Technip to acquire majority Inocean stake
Inocean and Technip enter into a strategic cooperation agreement to further develop offshore floater engineering services for the Norwegian continental shelf and other offshore markets worldwide. Technip has also agreed to acquire a majority stake in Inocean. Inocean will provide Technip with regula
Germany should switch coal with natural gas, Statoil CEO says
There is a large potential for Germany to cut its climate emissions in a cost-effective way through the increased use of natural gas, said Statoil CEO Helge Lund at a joint Statoil/Wintershall event in Berlin on 24 June. Switching from coal to gas in the power sector is the most significant option t
Bourbon celebrates 500th vessel
BOURBON announces the entry into service of the 500th vessel – the Bourbon Evolution 806, the 6th vessel of the 1st series of Inspection, Maintenance and Repair vessels for the offshore industry. “We are delighted with the delivery of this 500th vessel, which reflects our commitment to provide the m
TGS in Northeast Greenland offshore survey
TGS will start acquisition of a new multi-year, multi-client 2D program offshore Northeast Greenland.