Fossil Energy
Rosneft considers Angolan upstream market entry?
Rosneft delegation undertook a working visit to the Republic of Angola yesterday, April 22. The delegation, led by the Company’s Vice-President Andrey Shishkin, held talks with Minister of Petroleum José Maria Botelho de Vasconcelos, administration of Ministry of Electricity and Water represented by
SCV ‘Island Pride’ delivered to Island Offshore
Island Offshore has taken delivery of the subsea construction vessel M/V ‘Island Pride’ from the Vard Brevik yard today. M/V ‘Island Pride’ was christened during a naming ceremony in Brevik in March, and will enter into a five month contract for Maersk Oil this coming weekend as a walk-to-work vesse
Increased O&G industry activity to boost PPE fabrication
Increased activity in end-user industries such as manufacturing and oil and gas is expected to boost the adoption of above-the-neck personal protective equipment (PPE) across Western Europe. Opportunities abound, particularly in the manufacturing sector, where new jobs are being created due to in-sh
Damen delivers Platform Supply Vessel for Brazilian waters
CMM has taken delivery of a Damen Platform Supply Vessel 3300. The 80-metre, 3,300t deadweight vessel CMM Gravity will be deployed in the Brazilian waters from June 2014 on a 4+4 year contract with Petrobras. For CMM (Compagnie Maritime Monégasque S.A.M.), the vessel will mark a further step in its
Hercules Offshore 1Q 2014 income at $20M
Hercules Offshore, Inc. today reported income from continuing operations of $19.9 million, or $0.12 per diluted share, on revenue of $256.7 million for the first quarter 2014, compared to income from continuing operations of $40.3 million, or $0.25 per diluted share, on revenue of $186.2 million for
Expro awarded $100M Shah Deniz subsea contract
Expro has secured a milestone subsea contract with BP for the Shah Deniz Stage 2 project in the South Caspian Sea, one of Expro’s largest Europe CIS contracts to date. The 5-year contract, worth almost $100m, will see the UK-based Expro provide completion landing string equipment and services for th
VIDEO: Aibel’s compressor module leaves Thailand
The compressor module M11 for the Troll A platform in the Norwegian North Sea has left Aibel’s yard in Laem Chabang, Thailand. The compressor module will first be shipped to Haugesund to have a crane installed on board. After that the M11 will go to the Statoil-operated Troll field. Early in April,
Atkins supports Maersk Oil North Sea IRM works
Atkins has been awarded an engineering support contract covering three of Maersk Oil’s UK assets in the North Sea. The Gryphon FPSO, Global Producer III FPSO and Janice FPU are planned for major offshore inspection, repair and maintenance (IRM) works this year, in addition to field expansion works.
Sinopacific christens new BOURBON AHTS SPA80
China’s Sinopacific Shipbuilding Group held a christening ceremony for a newly built BOURBON AHTS SPA80 at its Zhejiang Shipyard on April 22nd 2014. SPA80 was designed by SDA, one of Sinopacific’s in-house design companies. The vessel is a small-sized, high-technology AHTS. According to Sinopacific,
Jee granted EPCI deal for multi-million dollar development
Jee Ltd, a leading independent multi-discipline subsea engineering and training firm, has been awarded a contract in support of a multi-million dollar, seven-year development. The contract, with a major offshore pipelay and subsea construction company, is as a result of recent oil field operations i
GulfMark orders another ST-216 Arctic PSV from Simek
Norwegian shipbuilder Simek has received a contract to build a new Platform Supply Vessel. The vessel, of the ST-216 Arctic design developed by Skipsteknisk, will be built for GulfMark Rederi AS, based in Sandnes Norway. Simek expects the vessel to be delivered in November 2015. The 92.6m-long platf
Baku Shipyard to build subsea construction vessel for Shah Deniz
Baku Shipyard LLC (Baku Shipyard) has secured a contract worth US$378 million from BP Exploration (Shah Deniz) Ltd, the operator of the Shah Deniz gas field development, to design and build a Subsea Construction Vessel (SCV). When completed, the SCV will be deployed for the Stage 2 development of th
VIDEO: First steel cut for innovative offshore jack-up unit
On April 18th, 2014, Nantong Blue Island Offshore Co., Ltd. and Singapore-based Calm Oceans Pte. Ltd. held a steel cutting ceremony for the CO-101 MCP, 500 feet jack-up platform at the Nantong Blue Island shipyard in Qidong, China. MCP stands for Mono Column Platform, a jack-up design co-developed b
Production from Huntington oil field interrupted
Production from the Huntington field in the UK has been interrupted since 12 April whilst work is undertaken to replace a number of couplings that are part of the inert gas system on the floating production and storage unit. Noreco, a Norway-based oil company with a stake in the field, said that acc