Fossil Energy
Download Norwegian Continental Shelf Factbook ‘Facts 2014’
In cooperation with the Norwegian Petroleum Directorate, The Ministry of Petroleum and Energy in Norway has published a new edition of its annual book on the Norwegian petroleum sector, Facts 2014. The publication gives a comprehensive overview of the petroleum activity on the Norwegian continental
Anadarko records 1Q loss on Tronox settlement
Anadarko Petroleum Corporation today announced its financial and operating results for the first quarter of 2014, including a first-quarter net loss attributable to common stockholders of $2.669 billion, or $5.30 per share (diluted). The company’s revenues rose to $5.84 billion compared to $3.9 bill
Noble Energy to sell Tamar field gas to Union Fenosa Gas
Noble Energy, Inc. today announced the execution of a non-binding Letter of Intent (LOI) between the Tamar field partners and Union Fenosa Gas SA (UFG) for the supply of natural gas from Tamar, offshore Israel, to UFG’s existing natural gas liquefaction facilities in Egypt. The LOI contemplates a co
IEV Malaysia completes FPSO decommissioning contract
IEV Holdings Limited has announced that its 49% owned associate,IEV Malaysia has completed the decommissioning and towage of an FPSO from offshore Terengganu in Malaysia. The Group executed the project together with EMAS-AMC Pte Ltd, a leading global offshore service provider for the execution of th
Two Scottish firms team up to create Scotoil Offshore Services
Two oil and gas suppliers have announced a new joint venture which is to create about 10 jobs in Aberdeen. Environmental management specialists Scotoil Services has amalgamated with design and manufacturing firm BME UK Ltd to create Scotoil Offshore Services Ltd (SOS). The companies, each having 20
CHC Helicopters to transport Statoil’s workers to offshore rig in Canada
Norwegian oil giant Statoil has awarded CHC Helicopters Canada Inc. a contract to provide vital helicopter transportation to Statoil’s new exploration rig in the Atlantic Ocean, off the coast of Newfoundland. The 18-month contract calls for CHC Canada to operate two Sikorsky S-92 aircraft on behalf
OTC 2014: Wild Well, Check-6 developing well control training
In a press conference during the 2014 Offshore Technology Conference, Wild Well announced a joint agreement with Check-6 to develop the next generation of well control training for the oil and gas industry. The partnership will result in a new standard of training by providing the industry with acce
FMC Technologies to move subsea services business to new premises in 2016
FMC Technologies, Inc. has broken ground on a new campus at Generation Park, located on the northeast corner of the Sam Houston Tollway (Beltway 8) in Houston, Texas. Within the next 10 years, the company’s goal is to consolidate all of its 10 Houston facilities—including its corporate headquarters—
OTC 2014: Scotland’s Oil & Gas skills and expertise in high demand globally
New figures released today as part of Scottish Development International’s Survey of International Activity in the Oil & Gas Sector show that international activity now accounts for more than half of total oil & gas supply chain sales from Scotland, totalling a record 50.2 percent. The companies sur
OTC 2014: Raytheon, Petrofac launch Tropical Helicopter Underwater Escape Training
Raytheon Professional Services LLC, (RPS), a subsidiary of Raytheon Company (NYSE: RTN), and Petrofac Training Services announced a first-of-its-kind offering under their jointly owned Hi-Con Training program. The new Tropical Helicopter Underwater Escape Training (THUET) course is being launched at
Pinsent Masons hires marine employment law specialist
International legal firm Pinsent Masons has appointed a new Partner who specialises in employment law relating to shipping and marine matters. Katie Williams advises oil and gas companies engaged in offshore supply, construction, diving, drilling and well intervention, and shipping companies providi
Tata Steel unveils enhanced steel grade for O&G industry
Tata Steel’s Speciality Steels business has unveiled an enhanced version of its existing 4145H modified alloy steel grade which combines high strength with toughness making it ideal for use in demanding downhole tool and completion equipment environments. This improved bar product grade is manufactu
OTC 2014 kicks off in Houston
The Offshore Technology Conference (OTC 2014) in Houston has kicked of for the 45th time in as many years. This year’s conference is held from May 5th to 8th. Founded in 1969, the Offshore Technology Conference organizes the world’s foremost events for the development of offshore resources in the fi
Serimax to provide welding services for EMAS AMC
EMAS AMC has awarded Serimax a long-term frame agreement to provide comprehensive welding services for their global spool base operations. This Global Frame Agreement will further strengthen EMAS AMC’s overall capability to execute rigid pipeline projects throughout the world. EMAS AMC currently ope