Fossil Energy
ABS benefits from expanding offshore sector in Malaysia
According to Clarkson Research, production offshore Malaysia averaged 700,000 barrels per day of oil and 6 billion cubic feet per day of natural gas in 2013, accounting for 24 percent and 23 percent of offshore oil and gas production respectively in Asia-Pacific – more than any other single country
SPE presentation tackles offshore engineering challenges
An engineering expert is set to talk at a Society of Petroleum Engineers’ (SPE) Aberdeen Section presentation this month, discussing the challenges associated with the analysis and design of offshore engineering equipment. Offshore marine equipment can be physically complex, expensive, safety critic
Bibby Offshore provides subsea construction and IRM services to Maersk Oil UK
Award-winning subsea installation contractor, Bibby Offshore, has recently started work with Maersk Oil UK on a multimillion pound contract. The contract will see Bibby Offshore provide subsea construction and inspection, repair and maintenance (IRM) services to all of Maersk’s North Sea assets. Div
Statoil to use Songa Trym rig for well plugging at Glitne field
Statoil has received consent to use the Songa Trym semi-submersible drilling rig for permanent well plugging on the Glitne field, in the Norwegian North Sea. Glitne is an abandoned oil field in blocks 15/5 and 15/6 in the North Sea, approximately 40 km north-west of Sleipner Øst. Water depth at the
Wintershall completes sale of UKCS assets to MOL
Wintershall, a 100% BASF subsidiary, is optimizing its portfolio with today’s financial closing of the $375 million transaction with the Hungarian MOL Group. Through Wintershall’s divestment of shares in selected assets on the UK Continental Shelf, MOL Group acquires 14 licenses in the North Sea,
OTC Asia: GMS to provide offshore jack-up vessel solutions for South East Asia
Gulf Marine Services, a provider of self-propelled self-elevating support vessels, has announced at OTC Asia, Kuala Lumpur, that it will bring a fleet to South East Asia, providing a new offshore solution for the region. GMS, which had a premium listing on the London Stock Exchange earlier this mont
Gallery: Sanco Sword seismic vessel named in Norway
On Saturday 22nd March, Dolphin Geophysical & Sanco Shipping held a naming ceremony for the 3D seismic vessel Sanco Sword at Myklebust Yard in Norway. The vessel is the second purpose built high capacity 3D seismic vessel to be delivered from Kleven Maritime’s Myklebust Yard in Norway to Sanco Shipp
Triton buys Cubility AS (Norway)
Funds advised by Triton have entered into an agreement to acquire Cubility AS, a Norwegian oil services company with unique technology to meet the needs of the next generation of drilling operations, from Energy Ventures for an undisclosed sum. The Sandnes-based company is a promising player in the
AWE drilling ahead at Pateke-4H, New Zealand
AWE Limited has reported that as of 06:00 hours (6.00am NZDT) today, the Pateke-4H development well sidetrack was at a measured depth of 3,845m, directionally drilling ahead with a 12 ¼ inch drilling assembly. It is planned to drill this section of the well to a measured depth of approximately 4,110
Petronas gives nod for Bentara oil field development
Roc Oil Company Limited has informed that BC Petroleum Sdn Bhd (BCP), the 48% owned company incorporated to operate and manage the Balai Cluster Risk Service Contract (RSC), has received approval of the FDP from PETRONAS for the initial phase in the development of the Bentara Oil Field within the Ba
Addax extends FPSO Sendje Berge contract
BW Offshore has signed an interim agreement for a six year extension for FPSO Sendje Berge with Addax Petroleum Exploration Ltd, an affiliate of the Sinopec Group. The firm period has been extended to Q1 2018, with options until Q1 2020. The agreement secures operational continuity while awaiting fi
Nord Stream shares data for scientific purposes and Baltic Sea preservation
Nord Stream took a further concrete step in line with its firm commitment to preserve the Baltic Sea with the launch of its Data and Information Fund online portal which enables Nord Stream to share its extensive knowledge and survey data with the scientific community for the further research and pr
‘Island Crown’ PSV hits the water
The hull of the Island Offshore-owned Island Condor platform supply vessel yesterday hit water for the first time. Island Offshore, the Norwegian owner of offshore supply vessels shared a couple of photos of the Rolls-Royce UT 755 CD design on their Facebook page. The vessel plunged into the water y
Damen opens new shipyard in Vietnam
On March 20, Vietnamese Minister of Transport Mr Nguyen Hong Truong, carried out the official Vietnamese ribbon-cutting ceremony for the latest addition to Damen Shipyard Group’s portfolio. Damen Song Cam, a brand new yard, is one of the largest in the Group and represents Damen’s first formal Joint