Fossil Energy
Seaway Heavy Lifting extends positioning services deal with DOF
DOF Subsea, provider of integrated subsea solutions, has been awarded a Master Service Agreement (MSA) extension with Seaway Heavy Lifting for the provision of positioning services onboard its Stanislav Yudin and Oleg Strashnov crane vessels. DOF Subsea offers services to third parties across the gl
CNOOC 2013 net profit falls
China’s CNOOC Limited sees its net profit for the full year 2013 slide.
VIDEO: Balltec to supply Wheatstone Project with pipe recovery tool
Balltec Ltd, the pipeline solutions specialist, has been contracted by Allseas to supply a 44” PipeLOK™ pipeline recovery tool to the Chevron-operated Wheatstone Project based 200km offshore Onslow, Western Australia. Wheatstone is the offshore central processing platform enabling a combined product
Eni looking to sell stake in Mozambique’s Area 4. CNOOC seen as potential buyer
Italian national oil company Eni is looking to divest some more of its stake in a gas rich block offshore Mozambique. According to Reuters, which quoted sources familiar with the matter, Eni could raise as much as $5 billion for a 15 per cent stake in the offshore Area 4. To remind, last year Eni [&
Deep Down’s 2013 results below expectations
Deep Down, Inc., an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, has reported financial results for the full fiscal year 2013. For 2013, Deep Down reported a net loss of $0.6 million, or $0.05 loss per diluted sh
Reach Subsea nets 30-day deal for ‘Dina Star’
Reach Subsea has signed a contract with a first class charterer on British sector for the vessel Dina Star. The contract has a duration of 30 days + option period of 30 days. The vessel will be equipped with two WROVs and survey equipment as well as offshore personnel. Total turnover under the fixed
Woodside misses Leviathan deadline
Australia’s oil and gas giant Woodside has missed the 27 March deadline to acquire a share in the Leviathan natural gas field, offshore Israel. The Australian company last month signed a Memorandum of Understanding with the Leviathan partners which provided a framework to negotiate in good faith, th
Nido, Colossal deal falls through
Nido Petroleum has informed that the sales deal between the company and Colossal Petroleum for the non-core assets offshore the Philippines has fallen through. The company said that the Sale and Purchase Agreements entered into between Nido and Colossal Petroleum Corporation with respect to Nido’s p
Crowley delivers Tubular Bells topside to Gulf of Mexico location
On the heels of the recent successful delivery of offshore production facility Jack/St. Malo, Crowley has once again shown support for the domestic petroleum industry by providing ocean towing services for the Tubular Bells topside in the Gulf of Mexico for Saipem, a large, international contractor
Dolphin mobilizes ‘Sanco Sword’ sesimic vessel in Barents Sea
Dolphin Geophysical’s newest high capacity 3D seismic vessel, the Sanco Sword has been mobilised to begin acquisition of 2 new and highly prefunded Multi- Client 3D projects in the Barents Sea. The Gohta North and Maud Basin South 3D surveys, totalling almost 6,200km2, will be acquired using the SHa
VAALCO: Production resumes from Etame Marin (Gabon)
VAALCO Energy, Inc. has informed that previously announced maintenance work on the Company’s leased Floating, Production, Storage and Offloading (FPSO) vessel has been successfully completed ahead of schedule and production restarted from the Etame Marin block. Extensive maintenance and repairs have
Trelleborg to provide DSME with drill riser buoyancy modules
Trelleborg’s offshore operation has been awarded one of its largest single orders for drill riser buoyancy modules (DRBM), by one of the world’s major shipbuilders, Daewoo Shipbuilding & Marine Engineering (DSME) in Korea. Consisting of RiserGuard™ and riser buoyancy, the contract is for a four-rig
O&G Industry Safety Awards’ finalists revealed (UK)
The list of finalists for the UK Oil and Gas Industry Safety Awards is now confirmed, ahead of the awards ceremony to be held at Aberdeen Exhibition and Conference Centre on Wednesday 30 April. The UK Oil and Gas Industry Safety Awards, sponsored by Maersk Oil UK, hope to continue to inspire new sta
34th Anniversary of Norway’s biggest offshore disaster
Norway’s biggest offshore disaster occurred just before 18.30 on 27 March 1980. The Alexander L Kielland flotel capsized and sank by the Edda platform on the Ekofisk field in the North Sea, with the loss of 123 lives. Eighty-nine people survived.