Fossil Energy
‘Experience’ the World’s largest FSRU
On March 20, 2014, Excelerate Energy celebrated the naming ceremony for its newest floating storage and regasification unit (FSRU) “Experience” at Daewoo Shipbuilding & Marine Engineering’s (DSME) Okpo Shipyard, Korea. The Experience, constructed to provide long-term service for Brazil’s Petrobras,
Freeport-McMoRan orders blowout preventer from Cameron
Cameron announced today that it has received an order from Freeport-McMoRan Oil & Gas to supply a 25,000 psi blowout preventer stack and 25,000 psi manifold. Cameron delivered the industry’s first and only 13-5/8″ 25,000 psi blowout preventer to Freeport-McMoRan in 2011. After successful and extensi
China: McDermott to build modules for jack-up rig in Mexico
McDermott International, Inc. has announced that one of its joint venture companies, Qingdao McDermott Wuchuan Offshore Engineering Co., Ltd., in Qingdao China, has been awarded a contract by Jord Oil & Gas Systems B.V. for process module fabrication work. The award will be included in QMW’s first q
DNV GL to support StormGeo’s focus on offshore industry
DNV GL has increased the ownership stake in StormGeo, a leading global provider of weather-based decision support services. Private equity group Reiten and TV2 have sold majority shares to EQT Mid Market. As part of the transaction EQT will enter into a partnership with DNV GL (second largest shareh
Nordic American Offshore appoints CEO
Tor-Øyvind Bjørkli (42) will join Nordic American Offshore as CEO, effective April 1, 2014. Tor-Øyvind will be working from out of the Oslo office on the same premises as Orion Tankers; the chartering department of Nordic American Tankers Limited (NAT). A subsidiary of Nordic American Tankers is the
Havyard elects new chairman
Bård Mikkelsen, former CEO of Statkraft, is elected new Chairman of the board at the ship technology group Havyard Group, which will be taken public this spring. Bård Mikkelsen has extensive experience as CEO and board member/Chairman, such as CEO of Widerøe and the Ulstein Group, Chairman of the bo
Malta dispute: Court rules in favor of Mediterranean Oil and Gas
Leni Gas & Oil PLC has announced that the fraudulent misrepresentation action against Mediterranean Oil and Gas Plc has not been upheld.
P2D to clean Statoil’s pipeline network
Pipelines 2 Data, a provider of intelligent pipeline solutions for the oil & gas industry, have announced a major milestone in Norwegian expansion plans. A long-standing parallel framework agreement has been awarded to the Aberdeen based company by Norway oil giants Statoil to clean and survey their
Gulf Offshore expands fleet with Highland Princess PSV
On Saturday 22nd March 2014, the Rosetti Marino shipyard in Ravenna, Italy delivered Platform Supply Vessel (PSV) “HIGHLAND PRINCESS” to Gulf Offshore N.S. Ltd^ headquartered in Aberdeen. This PSV was built in Rosetti Marino’s San Vitale Shipyard and is the second of the two sister ships which were
VIDEO: PSA hosts seminar on subsea facilities (Norway)
Petroleum Safety Authority Norway held a seminar on Tuesday, March 25, with subsea facilities as the main topic, and the focus was on integrity, learning, experience exchange, continuous improvement and the prevention of major accidents. The seminar was held against a backdrop of major technological
Decom Offshore 2014 bookings open
Decom North Sea (DNS) has officially opened bookings for Decom Offshore 2014, which promises to provide in-depth networking for companies of all sizes within the industry. Decom Offshore 2014, a one-day event in Aberdeen, will take place on May 27. The aim of the day, entitled Realising Opportunitie
Afren profit jumps 151 Pct
Afren delivered record revenues and cash flows in the period driven by strong production performance from the Ebok and Okoro fields, offshore Nigeria, benefitting from continued high oil prices. Net working interest production in the year increased to 47,112 boepd representing a like-for-like year-o
Nexans DEH system to ensure steady flow from Shah Deniz field
Nexans’ Direct Electrical Heating (DEH) cable systems will be installed to help in maintaining the reliable flow of gas from the Shah Deniz field, located in the Azerbaijan sector of the Caspian Sea. The world’s largest DEH project to date will see Nexans deliver a total of 130 km of the cable syste
Clariant, Petronas do business at OTC Asia (Malaysia)
Clariant, a world leader in specialty chemicals, and PETRONAS Technology Ventures Sdn Bhd (PTVSB), a technology commercialisation arm of PETRONAS, today announced that they have entered into a licensing Term Sheet Agreement. The licensing collaboration term sheet was formalised at a signing ceremony