Fossil Energy
‘Atwood Falcon’ rig gets drilling contract from BHP Billiton
Atwood Oceanics, Inc. announced that one of its subsidiaries has been awarded a drilling services contract by BHP Billiton Petroleum Pty., Limited for the semi-submersible rig Atwood Falcon. This contract is for a term of 330 days and the work will be performed offshore Australia at a day rate of ap
Premier Oil hires FPSO for Catcher field
BW Offshore has signed a Letter of Award (LOA) with Premier Oil for a FPSO to operate on the Catcher oil field in the UK North Sea. The LOA will be converted into a final contract subject to final partner sanction and Department of Energy and Climate Change (DECC) approval, expected to be completed
InterDam completes G21 FirePanel H120 tests
In April 2014, InterDam’s next-generation G21 FirePanel successfully completed H120 tests. During the DNV GL- and Lloyd’s-Register-approved test, the G21 FirePanels maintained their fire resistance, structural integrity and insulation for over 180 minutes at hydrocarbon-fire-curve temperatures. Weig
Vroon’s VOS Faithful launched in China
Vroon has announced that ERRV VOS Faithful has been launched yesterday in China. This 50‑m ERRV (emergency response and rescue vessel) is under construction at Nanjing East Star Shipyard in China. VOS Faithful is the third in a ten-vessel newbuilding programme, with six 50-m ERRVs being built at Nan
Tangiers’ TAO-1 well offshore Morocco to be spudded in June
Tangiers Petroleum Limited has announced that the TAO-1 well off the Moroccan coast is on track to be spudded in June, with the Moroccan National Office of Hydrocarbons and Mines providing its final approval relating to the farm-out agreement between Tangiers and Galp Energia. The signing of the Ame
BP E&P extends Subsea 7 contract in GoM
Subsea 7 S.A. has announced the award of a three-year $160 million contract extension by BP Exploration & Production Inc. for light subsea construction, inspection, repair and maintenance services in the US Gulf of Mexico. The contract will run from the second quarter 2014 to the third quarter 2017.
Atwood Oceanics gets contract extension for jack-up Atwood Orca
Atwood Oceanics, Inc. has announced that one of its subsidiaries has been awarded a nine-month contract extension by Mubadala Petroleum for the jack-up Atwood Orca. The extension is priced at a day rate of approximately $165,000 in Thailand. Atwood Oceanics owns 13 mobile offshore drilling units and
RWE Dea: Norwegian Government sets ambitious plans
Tord Lien sent clear signals to the industry that the Government will have high ambitions for Norwegian oil and gas during his speech at RWE Dea Norge’s annual event in Oslo last night. During the event to honor the RWE Dea scholarship recipients the Minister spoke about the future of Norwegian oil
Havila reports Q1 profit increase
Havila Shipping ASA achieved a profit before tax of NOK 41.9 mln ($7 mln) in Q1 2014, compared with NOK -19.6 mln in Q1 last year. Total operating income and gains was NOK 378.5m in the Q1 of 2014. Total operating income for corresponding period last year was NOK 330.4m. The group had 27 vessels in
Noble Corp accelerates Paragon Offshore’s separation process
Noble Corporation has announced an update to its plan to spin-off Paragon Offshore. Noble expects to effect the spin-off as a dividend of 100 percent of the shares of Paragon Offshore to Noble’s shareholders during the third quarter of this year. As previously announced, Paragon Offshore will own an
Jereh to supply CNOOC’s offshore projects with compressor packages
Jereh Group, an oil and gas equipment manufacturer and engineering services provider, has announced that it successfully won the bid to provide CNOOC with compressor packages for its offshore projects. A total of Jereh’s six compressor packages, each two under high, medium and low pressure condition
DCD Marine Cape Town strenghtens safety and quality measures
One of South Africa’s leading shipyards, DCD Marine Cape Town, is proving once again that safety and quality are the mainstay of its business. As part of its SHEQ (Safety, Health, Environment and Quality) programme, the company holds regular ‘safety days’, during which its project team members, as w
Subsea 7 reports $1.7 bln Q1 revenue
Subsea 7 has announced the results for the first quarter which ended on 31 March 2014. Jean Cahuzac, Chief Executive Officer, said: First quarter 2014 “The Group has had a good start to 2014, with first quarter revenue and Adjusted EBITDA both increasing from the levels achieved in the first quarter
PSA audits Maersk Drilling’s jack-up Maersk Guardian
Between 5 and 14 March 2014, the Petroleum Safety Authority Norway carried out an audit of Maersk Drilling in respect of preparedness and maintenance management. The objective of the audit was to monitor that Maersk Drilling, at all levels of the organisation, is working systematically on the preven