Fossil Energy
ASL Marine wraps up shipyard acquisition in Indonesia
ASL Marine Holdings Ltd. has completed the acquisition of a shipyard in Batam, Indonesia. The company had through its wholly-owned subsidiary, PT. Sukses Shipyard Indonesia, entered into a conditional sale and purchase agreement with Miclyn Express Offshore Limited and its wholly-owned subsidiary, P
Petrobras approves contracts for 23 offshore vessels
On Friday (May 2), the Petrobras Executive Committee approved contracts for twenty-three vessels to support its offshore activities. These vessels are part of the 6th round of the third Fleet Renewal Plan for Offshore Support Vessels (Prorefam). In 6th round, nineteen Platform Supply Vessels (PSV –
Norshore wins drilling contract for Shell’s Malikai field offshore Malaysia
The Norwegian drilling contractor Norshore has entered into a firm contract with Sabah Shell Petroleum Company Ltd, Far Frontier Energy Sdn. Bhd. for top hole drilling on the Malikai field in Malaysia. The contract is a breakthrough for Norshore and is regarded as a new and important cost reducing m
Ashtead, SeaBotix pen miniROV distribution deal at OTC 2014
An international subsea equipment specialist, Ashtead Technology, has announced a distributor agreement with SeaBotix Inc for the sale and exclusive global rental of its miniROV systems at OTC in Houston. The agreement with SeaBotix, the world-leading manufacturer of miniROV systems, was announced a
Genesis opens new office in New Orleans
Genesis has finalized the lease for office space in Covington, Louisiana, USA, and will shortly begin supplying engineering services to clients in the Greater New Orleans area. This new location is an integral part of Genesis’ global growth strategy. The New Orleans office will focus on providing bo
Statoil’s Troll to reach milestone of 1.5 bln barrels of oil in May
During the last five years Statoil and its partners have invested as much as NOK 46 billion on the Troll field, which came on stream in 1995. The investment level will remain high for many years to come. Troll is the story of achieving the impossible. The oil proven in connection with the largest ga
Apache sells GoM assets to Freeport-McMoRan for $1.4 bln
Apache Corporation has announced that its Gulf of Mexico subsidiary will sell non-operated interests in the Lucius and Heidelberg development projects and 11 primary term deepwater exploration blocks to a subsidiary of Freeport-McMoRan Copper & Gold Inc. for $1.4 billion. The effective date of the t
DeepOcean gets Leopard ROV for MV Deep Helder
DeepOcean has opted for the new concept Leopard ROV from Saab Seaeye. Seen as the most powerful ROV of its size in the world, its combination of 11 thrusters, unrivalled payload, and a host of advanced technology features won over DeepOcean, which itself is an innovator in providing subsea services.
DNV GL introduces hybrid power concept for offshore units
DNV GL is proposing a new hybrid power concept for offshore units using batteries in combination with traditional power generation equipment. The concept has already delivered multiple advantages in the maritime and automotive industries, but has not yet been applied in the O&G industry. “We are inv
GMS continues to see strong assets demand
Gulf Marine Services, the leading provider of self-propelled self-elevating support vessels serving the offshore oil, gas and renewable energy sectors, has published its Interim Management Statement for the period 1 January to 7 May 2014. Operations “We continue to see high demand for our services w
PSA inspects Statoil’s Norne FPSO for emergency preparedness
From 31 March to 2 April 2014, the Petroleum Safety Authority Norway carried out an audit of Statoil and emergency preparedness management of the Norne FPSO. Objective The objective of the activity was to gain an overview of processes and systems that contribute to ensuring comprehensive emergency p
Viking SeaTech hosts Mooring School at OTC 2014
International offshore support specialist Viking SeaTech has announced that the company hosted taster sessions of its bold Mooring Schools initiative at this week’s Offshore Technology Conference. Viking SeaTech’s Mooring Schools scheme was developed by Viking SeaTech employees in Perth, Australia.
Ecosse Subsea appoints Technical Director. To boost further growth
Subsea engineering specialist, Ecosse Subsea Systems, has appointed Michael Cowie as its first technical director, as it gears up for further growth. A soil mechanics expert, Michael Cowie, was previously general manager with Helix Canyon Offshore in charge of seabed drilling and has held senior geo
EMGS reports best quarterly revenues so far
Electromagnetic Geoservices ASA has reported revenues of $61.3 million in the first quarter 2014, up from $44.6 million in the previous quarter and from $31.7 million in the first quarter last year. Contract sales totaled USD 46.4 million, while multi-client sales were at USD 14.9 million this quart