Fossil Energy
Havyard ready to go public
Havyard, a Norwegian provider of offshore ship design, shipbuilding technology, ship equipment and systems and services to the international oil and gas industry, today filed for listing on the Oslo stock exchange. According to information from the stock exchange, Oslo Børs has received a request fo
Briggs Marine expands by forming new diving division (UK)
One of the UK’s leading marine contractors, Briggs Marine, has continued its expansion of specialist services by launching a new in-house commercial diving division. Briggs Marine has appointed Alistair Blue as Dive Superintendent to head up the new division. Alistair, an ADC certified Air Diver, ha
EMGS to explain how EM works at industry event in Singapore
The EAGE Workshop on Integrated Interpretation of Seismic, EM and Geochemical Data takes place in Singapore 31 March to 2 April. Norway’s EMGS will present case examples from offshore basins worldwide to show how EM brings value to E&P professionals in their exploration workflow. The Sheraton Towers
GeoPark gets approval to acquire Manati Field (Brazil)
Brazilian regulator ANP has given its final approval to GeoPark for the acquisition of stake in the Manati offshore field in Brazil. GeoPark Limited has announced that the Brazilian National Petroleum, Natural Gas and Biofuels Agency approved in its Board meeting held on March 26 the replacement of
Eni reduces stake in Galp Energia
Italian oil companyEni S.p.A. has successfully completed the placement of 58,051,000 ordinary shares corresponding to approximately 7% of the share capital of Portugal’s Galp Energia SGPS S.A. (“Galp”) . The aggregate consideration of the Offering amounted to approximately € 702.4 million. The Offer
Petronas opens O&G training facility to develop Malaysia’s human capital
Petronas has launched its new training facility known as INSTEP Integrated Oil and Gas Training Centre, an industry-scale facility located within the Institut Teknologi Petroleum PETRONAS (INSTEP) in Batu Rakit, Terengganu on 27 March 2014. The launch of the facility, which is part of PETRONAS’ cont
Ensco-107 jack-up rig to begin Maari drilling in April (New Zealand)
OMV New Zealand, on behalf of its Maari JV partners has announced that the jack-up drilling rig Ensco-107 has been unloaded from the heavy lift vessel Talisman in Admiralty Bay and is now on its way to the Maari field in the Taranaki Basin. A blessing of the rig was performed by Ngati Koata and Ngat
Oando, ConocoPhillips need more time to complete Nigerian deal
Oando Energy Resources Inc. a company focused on oil and gas exploration and production in Nigeria, today announced that the outside date for completion of the proposed acquisition of the Nigerian Upstream Oil and Gas Business of ConocoPhillips has been extended to April 30, 2014. Pursuant to an ame
McDermott hopes to raise $500M for debt refinancing
McDermott International, Inc. has announced that it intends, subject to market and other conditions, to offer $500 million aggregate principal amount of its second-lien senior secured notes due 2021. The notes will be offered only to qualified institutional buyers under Rule 144A under the Securitie
Malaysia: Coastal Contracts sells five vessels for $54M
Malaysia’s Coastal Contracts has secured contracts for the sales of three units Offshore Support Vessels and two units low-end vessels for an aggregate value of approximately RM178 million ($ 54 million). Including the new contracts and after adjusting for revenue recognition from vessels delivered
Rolls-Royce to propel Volstad’s offshore construction vessel
Rolls-Royce has won a contract to deliver a unique package of advanced ship equipment for a new offshore construction vessel currently being built in Turkey for the Norwegian ship owner Volstad Shipping AS. The contract is worth approximately £13.5 million to Rolls-Royce. The package includes the ne
Statoil enters Sao Bernardo discovery, offshore Brazil
Norway’s oil company Statoil has received formal approval to enter the São Bernardo discovery in Espírito Santo basin, offshore Brazil. The discovery further strengthens Statoil’s belief in the oil potential in the basin.
J. Lauritzen names new board member
At the annual general meeting, Jesper T. Lok, President & CEO of DSB (Danish Rail) was elected as a new member of the Board of Directors of J. Lauritzen A/S. Prior to that, Lok was President & CEO of Svitzer, part of the Maersk Group from 2004 until March 2012. Previously, Lok worked for A. P. Molle
Gazprom and Siemens meet to extend cooperation
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Joe Kaeser, President and CEO of Siemens. The meeting participants discussed the current state and development prospects for the partnership between the companies. It was point