Fossil Energy
Shipyard De Hoop to build OSV for Awaritse Nigeria
Dutch Shipyard De Hoop has recently secured an order for the design and construction of an Intermix/Transmix Vessel. The contract consists of a newly designed 68.23 x 15.77 metre Offshore Service/Support Vessel (OSV) for ANL (Awaritse Nigeria Limited). Designed to operate in the Royal Dutch Shell (S
Viper Subsea developing subsea electrical integrity management tool
Viper Subsea has signed a Joint Industry Project (JIP) agreement with energy giants BP and Total to further develop its Subsea Line Insulation Monitoring (V-SLIM) technology for identifying and locating cable and connector faults in remote subsea electrical distribution systems. Viper Subsea will ca
Geoforce establishes subsidiary in Perth, Australia
Geoforce, Inc., an international provider of Track & Trace and Asset Management solutions for oil and gas operating companies, services providers, and rental equipment suppliers, has announced at the OTC Asia Conference in Kuala Lumpur, Malaysia that it has established its second international subsi
MMT sets up Kongsberg’s dual head system on MPSV Stril Explorer
MMT Group has announced that its new Kongsberg EM2040D. A 0.4 x 0.7 degree dual head multibeam system has been installed on MMT’s long term charted multipurpose support vessel Stril Explorer. This is a highly developed multibeam echo sounder that combines all of the advanced features of deepwater ec
PGS: South Africa seismic data to be ready in Q4, 2014
A new PGS MultiClient survey of a 13,000 line km in the frontier area offshore East Coast South Africa is making progress. Petroleum Geo-Services, through an agreement with the Petroleum Agency of South Africa, is acquiring approximately 13,000 km MultiClient 2D GeoStreamer® survey covering East Coa
Global Offshore Technology event in Cyprus kicks off on April 28th
At the request of the Cypriot government, Global Offshore Technology has been rescheduled to 28-29 April at Carob Mill in Limassol, Cyprus. GOT 2014 organizers describe the event the only conference and exhibition in Cyprus to have Ministerial representation from across the region with Ministers con
Asian natural gas demand may continue to outpace supply
Asia’s hopes of diversifying its sources of gas and LNG supplies rests on large but still uncertain pending projects and capital investment decisions, senior industry executives and analysts told Gastech 2014 on 25 March.
Plexus to deliver wellhead and mudline systems for Centrica’s North Sea project
Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, has received an additional purchase order (‘PO’) from Centrica Plc (‘Centrica’) to supply surface wellhead and mudline equipment services
Eni CEO highlights importance of Libyan gas for Italy’s energy security
The key issue discussed in the meeting was the importance of maintaining and increasing Eni’s current production levels in Libya, of fundamental importance for the country given that at present the company, jointly with NOC, operates the majority of overall Libyan hydrocarbon production, ensuring th
KrisEnergy loans $100M to buy oil and gas assets
KrisEnergy Ltd. has announced that its wholly owned subsidiary, KrisEnergy (Asia) Ltd, has entered into a facility agreement whereby KrisEnergy will be granted a $100 million revolving credit facility maturing in March 2016 with an option to extend for an additional one year. The Facility will be us
Kongsberg to inspect flexible risers at Statoil’s Peregrino field
Kongsberg Oil & Gas Technologies do Brasil Ltda., a wholly owned subsidiary of Kongsberg Gruppen ASA (KONGSBERG), has been awarded a contract for delivery of flexible Riser Integrity Management (RIM) services to the Statoil Brasil Óleo e Gás Ltda. operated Peregrino field. The contract is a Framewor
TTS Group receives subsea crane order
TTS Group ASA has, through its subsidiary TTS Offshore Handling Equipment AS in Bergen signed a new contract for delivery of a subsea crane. Value of the contract is approximately NOK 35 million. The contract is with a European customer, and concerns delivery of an active heave compensated subsea cr
Hyundai Heavy orders Nautronix positioning system for new rig
Nautronix has secured an order from Hyundai Heavy Industries, in South Korea to supply a NASNet® DPR System which will be used on the Bollsta Dolphin drilling rig. NASNet® DPR is the ultimate position reference system for Dynamic Positioning; it also has the benefits of the well-known NASNet® subsea
Helix Well Ops moves to new office in Dyce, Aberdeen
Aberdeen-based Helix Well Ops (Well Ops), a business unit of international offshore energy company Helix Energy Solutions Group, Inc. (Helix ESG), has underlined its commitment to the north-east and the energy industry with a move to new premises. A leading global provider of subsea well interventio