Fossil Energy
OMV to drill Barents Sea well using Transocean Barents rig
OMV Norge has received consent to carry out exploration drilling of well 7324/7-2 in production licence 537 in the Barents Sea using the Transocean Barents semi-submersible drilling rig. Water depth at the site, offshore Norway, is 418 metres. Drilling is planned to begin in March 2014, with a dur
Wärtsilä introduces new dual-fuel 46DF engine
Finland’s Wärtsilä takes dual-fuel technology to the next level by introducing Wärtsilä 46DF engine.+
BP opens offshore training center in Louisiana
BP, Fletcher Technical Community College (Fletcher) along with Gov. Bobby Jindal and other elected officials celebrated the grand opening of the college’s BP Integrated Production Technologies (IPT) Building Friday, March 21. The new home of Fletcher’s IPT program, which the Louisiana Board of Regen
Ophir wraps up Tanzanian blocks sale
Ophir Energy plc announces that the transaction reported on 14 November 2013 to sell a 20% interest in Blocks 1, 3 and 4, Tanzania to Pavilion Energy has now completed. The company has received cash of US$1,255million reflecting the purchase price consideration of US$1,250million plus a completion a
ConocoPhillips awards contracts for two Volstad vessels
ConocoPhillips UK has exercised a further one year option for the Volstad Viking vessel, starting the 2nd of June 2014. The charter rate is subject to two years of escalation on top of present term. ConocoPhillips UK also has one additional yearly option available. To remind, Volstad Viking entered
Gallery: World’s largest jack-up rig named in Singapore
In a ceremony held at the Keppel FELS shipyard in Singapore, Karen Tiffen, wife of Martin Tiffen, Managing Director of Total E&P Norge AS, had the honour of naming the ultra harsh environment jack-up rig Maersk Intrepid in the presence of the Guest of Honour Lui Tuck Yew, Minister for Transport in S
Santos begins natural gas production from Peluang offshore field
Santos today announced that natural gas production has commenced ahead of schedule and on budget from the Peluang gas project offshore East Java in Indonesia. Sanctioned in February 2013, Peluang is a tie-back to the existing facilities at the Maleo gas field and is located in the Madura Offshore Pr
Tangiers: Ralph Coffman jack-up rig to spud Morocco well in 2Q
Tangiers Petroleum Limited has advised that the site survey has been completed at the location of the TAO-1 well, offshore Morocco, and is compatible for the use of a jack-up rig. A Novation Agreement has been entered into by Galp Energia on behalf of the joint venture partners to secure access to t
Most popular articles of the week, March 17 – 23, 2014
Read about world’s largest offshore cranes, state-of-the art vessels, subsea pipelines, deepwater discoveries, corporate takeovers….
Baker Hughes: U.S. weekly offshore rig count up by 1
Baker Hughes Incorporated has posted Weekly Rig Count reports to its website, according to which one new offshore rig came into service this week. BHI Rig Count: U.S. – 6 to 1803 rigs U.S. Rig Count is down 6 rigs from last week to 1803, with oil rigs up 12 to 1473, gas rigs down […]
Statoil’s Troll C gets audited for barrier management
Between 28 and 31 January 2014, the Petroleum Safety Authority Norway carried out an audit of barrier management, technical safety and electrical systems at Troll C platform in the North Sea. The objective of the audit was to verify whether Statoil’s management and monitoring of barriers at Troll C
UTEC completes Ecuador project
One of the world’s largest independent survey companies continues to expand operations and has announced the successful completion of a project in South America. Houston-based UTEC Survey Inc. provided survey services aboard the Ocean Spur jack-up rig for rig move operations in the Amistad Field, Gu
Eni CEO Paolo Scaroni sees gloomy future for South Stream
Paolo Scaroni, Chief Executive Officer of Italian oil company Eni, is pessimistic about the future of the South Stream offshore pipeline project. According to La Repubblica, Scaroni said that the future of the project, which is expected to bring Russian gas to Europe via a subsea pipeline in the Bla
DNV GL to support Vietnam’s offshore field developments
DNV GL, the world’s leading ship classification society and one of the world’s leading risk and sustainability service providers, has moved into a new office that was officially opened by His Royal Highness Crown Prince Haakon of Norway and Henrik O. Madsen, Group President & CEO, DNV GL. The offici