Fossil Energy
BP awards South Caucasus Pipeline engineering job to CB&I
CB&I has been awarded a contract valued in excess of $85 million by a consortium led by BP for engineering and project management services for the development of the South Caucasus Pipeline Expansion (SCPX) project, part of the Stage 2 development of the Shah Deniz field located in the Azerbaijan se
Venko: New contract for offshore gas platforms maintenance (UK)
The Great Yarmouth and Lowestoft (New Anglia) Enterprise Zone has announced that resident company Venko Offshore Ltd has secured a £5m ($8.35 m) contract to expand its local operation to maintain offshore gas platforms in the North Sea for a world-leading company. The new contract will secure work f
FMC Technologies confirms Shah Deniz deal worth $332M
FMC Technologies, Inc. announced today that it has received an order from BP to supply subsea systems for its Shah Deniz Stage 2 project in the Caspian Sea. The order has an estimated value of $322 million in revenue. FMC Technologies’ scope of supply includes subsea manifolds, associated controls a
DNV GL winner of Environment Protection Award
DNV GL, a ship classification society and risk and sustainability service providers, won the “Environment Protection Award” at the 2014 Seatrade Asia Awards held on 7 April. “We are honored to have received this award, which reflects the industry’s recognition of DNV GL’s environmental best practice
FoundOcean wins Solan field grouting contract
FoundOcean has secured two contract awards, on the Solan oil field development to the west of the Shetlands in the North Sea, with Heerema Marine Contractors and Bibby Offshore. The contracts cover the structural grouting for the 8,000-tonne Solan platform jacket and its specially designed 300,000-b
Topaz gets West Africa contract for PSV
Topaz Energy and Marine, an offshore support vessel company with primary operations in the Middle East and Caspian, has announced a new contract win for its fast growing West Africa operation. Under the terms of the $11 million agreement, Topaz will supply a global oil major with a platform supply v
BALPA support CAA’s safety measures
At the Scottish TUC Congress in Dundee during the weekend the British Airline Pilots’ Association (BALPA) hit back at suggestions by Oil & Gas UK that safety improvements to North Sea helicopter operations might damage North Sea productivity. Following recent tragic accidents in the North Sea, the C
UK Energy minister on Scottish independence: “Better together, poorer apart”
If Scotland chooses to go it alone, it will have a huge and lasting impact on all of us, the Minister said.
Malta Oil & Gas orders two jack-up rigs from Drydocks World
Drydocks World, a UAE-based international service provider to the maritime, oil & gas and energy sectors, today announced that it has signed an Agreement with Malta Oil & Gas Ltd. for building two unique new jack-up drilling rigs based on Gusto MSC CJ54-X135-A design. The Agreement was signed by His
Aptomar, Verdande receive funding
Trondheim-based Verdande Technology and Aptomar will receive funding from Verdane Capital Funds (Verdane) to drive international growth. Current shareholders Investinor, Statoil Technology Invest and ProVenture, are also contributing further capital and will continue to be involved in the companies
BSEE Director: We are still having too many offshore incidents
The U.S. Bureau of Safety and Environmental Enforcement (BSEE) Director Brian Salerno has completed a two-day trip to the State of Texas Friday where he met with stakeholders and viewed critical pieces of safety equipment. While in Texas, Director Salerno delivered a keynote address at the Second An
New contracts for Prosafe’s accommodation rigs
Prosafe and BG Group have agreed a change to the Safe Bristolia accommodation support vessel work programme in 2014 to allow inclusion of a contract award from ConocoPhillips Petroleum Company U.K. Limited for the provision of the vessel at the Judy platform in the U.K. sector of the North Sea. Oper
BW Offshore: Polvo field transaction falls through (Brazil)
BW Offshore in December last year announced the Letter of Intent to acquire 30% of the participating interests in the Polvo oil field in Brazil from HRT O&G Exploração e Produção de Petróleo Ltda. (“HRT”). Such transaction was subject to due diligence, and regulatory, governmental and board approval
Total makes Final Investment Decision for Kaombo project (Angola)
Total and its joint venture partners have made the final investment decision to develop the ultra-deep offshore Kaombo project in Angola. With a production capacity of 230,000 barrels per day, Kaombo will develop estimated reserves of 650 million barrels. Following an intensive optimization exercise