Fossil Energy
EMGS nominates new Board member
Electromagnetic Geoservices’ ASA (EMGS) nomination committee has proposed Guro Høyaas Løken to be elected as a new board member for 2 years at the AGM (annual general meeting ) to be held on 3 June 2014. Høyaas Løken is currently VP of Engineering and Technology with the company EMAS AMC AS. She has
Afren becomes EITI supporting firm
Afren plc, an independent oil and gas company, has become a Supporting Company of the Extractive Industries Transparency Initiative (“EITI”) on 20 May 2014. The EITI is a global coalition of governments, companies and civil society working together to improve openness and accountable management of r
China: COSCO Guandong to build 4 PSVs for $120M
China’s COSCO Guandong shipyard has received a contract to build four platform supply vessels for a Singapore-based comp
E. Guinea, Ivory Coast, Ghana working to create regional gas company
The government of Equatorial Guinea has signed a memorandum of understanding with the Ivory Coast and Ghana under which they will begin discussions to create a regional gas company.
Island Frontier to get new vent system from Agility Group
Agility Group has been awarded an EPCIC contract with Island Offshore for delivery of a Hydro Carbon Vent System to the Island Frontier vessel Island Frontier is a riserless well intervention vessel that provides access to the subsea well through a Well Control Package. As a preparation for the well
New Zealand birds threatened by offshore drilling, Forest & Bird says
A new report has identified significant areas of New Zealand’s land and sea that require special consideration to protect the seabirds that depend on these places for their survival.
South Caucasus Pipeline Expansion contract awarded
The South Caucasus Pipeline Company (SCPC) and the Shah Deniz consortium have announced the award of the pipeline construction contract for the South Caucasus Pipeline Expansion (SCPX) project.
Douglas Westwood: Petrobras will miss 2020 production target
Petrobras has a track record of remarkable technological achievements, including most recently exceeding 470,000b/d production in the pre-salt layer of the Santos and Campos basins offshore Brazil, Douglas-Westwood says in its DW Monday report.
Vallourec wins pipe contract for TEN Project offshore Ghana
Vallourec has been selected to supply premium line pipes and welding services for the TEN ultra-deepwater oil and gas project, operated by Tullow Oil plc in Ghana, and executed by a consortium of Subsea 7 and Technip. Vallourec will provide Subsea 7 with seamless offshore line-pipe including anticor
RMEC names operations manager
Oilfield services company RMEC Ltd has strengthened its recently forged management team with the appointment of a new operations manager. Dean Greig joins the Forfar-based well intervention equipment firm as it embarks on the next stage in its growth strategy following the £7.5million investment by
Oil & Gas UK: Industry’s optimism curve continues to fall
The Q1 2014 Oil & Gas UK Business Sentiment Index has revealed that while the industry’s optimism has continued to decline, it remains positive, at six points above zero on the -50 to +50 index. The index, which captures a snapshot of the industry mood and measures a number of economic indicators, i
Nominations start for OPITO Awards 2014
Employers and training providers working to achieve the highest safety standards in the oil and gas industry are being invited to submit their nominations for the fifth annual OPITO Safety and Competency Awards 2014. The accolades will be presented at the OPITO Safety and Competency Conference (OSCC
APPEA: Exploration costs up, number of offshore wells down
The urgent need to address the global cost competitiveness of Australia’s oil and gas industry has been highlighted by a new analysis that shows fewer exploration wells are being drilled offshore despite significantly higher expenditure, the industry body APPEA has announced. An analysis of recent d
Bumi Armada 1Q profit falls 41 pct
Bumi Armada Berhad, the Malaysia-based international offshore oilfield services provider, reported revenue and net profit of RM468.9 million ($146 million) and RM64.8 million ($20.2 million) respectively for the first quarter ended 31 March 2014. Net profit was down 40.9% compared to RM109.7 million