Fossil Energy
Mermaid reports changes in MTR-2 contract (Indonesia)
Mermaid Maritime Public Company Limited refers to the Company’s announcement dated 27 March 2013 in respect of the contract award to provide drilling and related services using the tender drilling rig ‘MTR-2’ for an international upstream oil and gas company in Indonesia. The Company wishes to annou
CGG releases processed data from Gulf of Mexico survey
CGG announced today the release of the Fast TraxTM processed data from its Deux multi-client survey covering 357 blocks in the Gulf of Mexico. The Fast Trax seismic images have been delivered on schedule less than seven months after completion of the survey. Deux is the second of a three-survey mult
Dong Energy selects DeepOcean for IRM and ROV inspection services
DeepOcean AS, subsidiary of DeepOcean Group Holding BV, has announced that company has been awarded the contract for Inspection, Repair and Maintenance (IRM) and ROV Inspection services on Dong Energy’s subsea assets in Danish and Norwegian waters. The Contract is for two years firm plus options and
Shell completes Woodside shares sell-down
Further to the announcement on 17 June 2014, Royal Dutch Shell plc t0day confirmed its subsidiary has completed the sell-down of 78.27 million shares of Woodside Petroleum Limited (“Woodside”). Shell Energy Holding Australia Limited (“SEHAL”) completed the sale at a price of A$41.35 per share with p
Oceaneering buys Spectrum Sales & Services
Oceaneering International, Inc. announced it has acquired Spectrum Sales & Services LLC. Spectrum Sales & Services LLC is a nondestructive examination (NDE) company that has developed subsea pipeline inspection technology based on the use of Electro Magnetic Acoustic Transducer (EMAT) technology. Sp
CNOOC, Shell pen cooperation deal
On June 17th, China National Offshore Oil Corporation (CNOOC) and Shell announced that they have signed a Global Strategic Alliance Agreement that reconfirms both parties’ commitment to the existing strategic partnership in China and around the world. Under the Agreement, the companies also commit t
ABS grants approval for Remora HiLoad DP BR
ABS has granted approval in principle for the Remora HiLoad DP BR, a second generation of the HiLoad dynamic positioning (DP) unit that attaches to and keeps conventional tankers in position when loading from offshore installations. The HiLoad technology, which was developed over 14 years, is based
Major Joint Venture deal signed at 21st World Petroleum Congress
At the 21st World Petroleum Congress Rosneft, Ministry of Industry and Trade of the Russian Federation, Gazprom, NOVATEK, Gazprombank, Sovkomflot, United Shipbuilding Corporation signed a Joint Venture Agreement in relation to the implementation of vessel, drilling rig and marine equipment construct
VIDEO: Valemon topside on its way to Norway
The topside destined for the Statoil-operated Valemon field offshore Norway left the Samsung yard in South Korea in the morning of 15. June 2014.
Norway: Oil production above NPD’s prognosis
The Norwegian Petroleum Directorate has announced preliminary production figures for May 2014 which indicate an average daily production of about 1 665 000 barrels of oil, NGL and condensate. This is 282 000 barrels per day (about 14 percent) less than in April 2014. Total gas sales were about 8.2 b
Oilennium, API’s company of choice for O&G eLearning training services
Oilennium™ Ltd., a Petrofac Training Services company that provides eLearning training services to the oil and gas industry, has been selected to supply a range of online eLearning modules to the American Petroleum Institute for its training portal API University (API-U). With more than 550 corporat
Roxtec delivers cable and pipe seals for Golden Eagle LQ
Global safety seal manufacturer Roxtec has completed a project supplying cable and pipe seals to a six level accommodation module on the Golden Eagle development.
Signet adds tractor tug vessel ‘Signet Arcturus’ to its fleet
Adding to its fleet of 37 conventional and ASD vessels, Signet Maritime Corporation took ownership of its ninth newly constructed tractor tug in six years.
New CEO at BW Group
BW Group has announced that it has appointed Carsten Mortensen as Group CEO. Current BW Group CEO Andreas Sohmen-Pao will join the BW Group Board of Directors and remain actively involved in the group, including on the board of subsidiaries BW Offshore, BW LPG and BW Pacific. BW has significantly br