Fossil Energy
Video: Milton Roy launches Primeroyal X pump at OTC 2014
Milton Roy, a manufacturer of controlled volume pumps, and a brand of Accudyne Industries, is launching what it calls the industry’s most powerful API 675 pump yet, Primeroyal X, during this year’s Offshore Technology Conference. Milton Roy said in a press release that the addition of the Primeroyal
Xcite Energy, Statoil, Shell enter into collaboration agreement
Xcite Energy announces that its 100% owned subsidiary, Xcite Energy Resources Ltd (“XER”), has entered into a Collaboration Agreement with Statoil (U.K.) Ltd and Shell U.K. Ltd. ,which allows all the Parties to make available and share field-specific technical and operational information for the eva
Suretank expands to Brazil
Suretank, a provider of engineered solutions to the offshore oil and gas industry today announced the official launch of Suretank Latin America, based in a state of the art facility in the Southern Brazilian, Rio Grande do Sul State, at the city of Caxias do Sul. The new business will house design,
Oil major hires ‘Lewek Chancellor’ for work in Africa
Singapore’s EOC Limited, one of Asia’s leading providers of offshore oil and gas development and production solutions, has secured an award worth in excess of US$40 million including options for the Lewek Chancellor. Under this award with an oil major, the accommodation and construction barge will p
‘Valiant Energy’ OSV supports drilling in Greece
Offshore supply ship “Valiant Energy” will support Energean Oil & Gas’ new 160 million euro investment program in the Gulf of Kavala, offshore Greece. The ship arrived at the Port of Kavala, on Friday, May the 2nd where a reception ceremony took place attended by local political and religious author
HSOG, Chowugle jointly offer maintenance services to offshore industry (India)
International oil and gas service specialist HSOG has joined forces with the Chowgule Group, a multi-industrial International conglomerate, to offer a full range of maintenance and modification services to the offshore sector to service the international market. HSOG will now offer services to the w
OTC 2014: Offshore construction goes deep
From the largest vessels to the most precise components, offshore construction is reaching new depths
COSL completes East China Sea survey for Primeline
Primeline Energy Holdings Inc. today announced that its contractor, China Oilfield Services Ltd. (COSL), has completed the 3D seismic survey of 600 sq. km in Block 33/07, East China Sea announced by Primeline on March 31, 2014. The survey started on March 31 and as the weather and sea conditions wer
Statoil to use subsea production facilities in PL 169
Statoil has received consent to use pipelines and subsea production facilities and implement changes at Grane in production licence 169 Svalin. Svalin is eight kilometres south-west of the Grane field. Water depth is around 120 metres. Svalin has been developed using a multi-branch well from the Gra
Rowan’s Q1 revenue down due to lower rig utilization
For the three months ended March 31, 2014, Rowan Companies plc generated net income from continuing operations of $55.6 million, or $0.45 per share, compared to $68.1 million, or $0.55 per share in the first quarter of 2013. The current quarter reflects a settlement gain related to a rig collision d
Tullow Oil’s Jubilee field reaches production milestone
Tullow Oil plc (Tullow) announces the successful production of the 100 millionth barrel of crude oil from the Jubilee field, Ghana. To mark this significant milestone Tullow has produced a new country film to provide an update on the company’s operations in Ghana. Ghana’s Jubilee field, which stradd
Odfjell Drilling enters into $450 mln credit facility agreement
Odfjell Drilling Services Ltd. has entered into a $450 million senior secured credit facility agreement with Danske Bank A/S and DNB Bank ASA as Coordinators, and Danske Bank A/S, DNB Bank ASA, Nordea Bank Norge ASA and Swedbank AB (publ) as Mandated Lead Arrangers. The facility is divided in a revo
DECC’s latest offshore O&G licensing round gets strong response. Acreage awards in autumn
Department of Energy & Climate Change has reported that the latest offshore oil and gas licensing round, which closed for applications on Friday 25 April, has received a strong response with 173 applications from industry for around 370 blocks. Energy Minister, Michael Fallon, said: “It’s 50 years s
Ezion: Port Melville recognized as security regulated port
Ezion Holdings Limited, a leading Singapore headquartered, Liftboat developer, owner and operator as well as offshore logistics support service provider, announced that its Port Melville Port Corp in the Northern Territory of Australia has received formal notification recognizing Port Melville as a