Fossil Energy
South Stream orders pipes for second offshore line
South Stream Transport has ordered over 75,000 pipes for second line of the South Stream Offshore Pipeline, with a total order value of about 800 million euros. Marubeni-Itochu & Sumitomo Consortium from Japan will supply 40% of the pipes, OMK Steel from Russia 35%, and Izhora Pipe Mill from Russia
Kosmos begins drilling offshore Morocco
Kosmos Energy Ltd. has started drilling operations at the FA-1 well, located within the Foum Assaka area on the Eagle Prospect, offshore Morocco. According to Fastnet Oil & Gas, a partner in the field, the well spudded on March 16 2014. Fastnet holds its interest in the Foum Assaka licence area th
Saipem to construct South Stream Offshore Pipeline
South Stream Transport has contracted the Italian company Saipem for the construction of the South Stream Offshore Pipeline. Oleg Aksyutin, CEO of South Stream Transport B.V. and Stefano Bianchi, SVP of Saipem S.p.A signed the contracts in Amsterdam today. The South Stream Offshore Pipeline will con
Most popular articles of the week, March 10 – 16, 2014
Read about the Malaysian missing jet, Super Puma helicopter crash, new FPSO in Singapore, South Stream construction, A very large OSCV etc…
Baker Hughes: U.S. Offshore Rigs down by 1
Baker Hughes Incorporated has posted Weekly Rig Count report on Friday, March 14, according to which the U.S. offshore rig count is down by 1 from last week.
GE opens expanded oil and gas facility in Fót, Hungary
GE today formally opened its newly expanded oil and gas facility in Fót, Hungary. The GE Oil & Gas manufacturing plant has been substantially enlarged with the addition of a new 8,000 square meter manufacturing facility and a new office building of 3,000 square meters. The new manufacturing base wil
Boustead Heavy Industries to build topsides for Murphy’s Sarawak project
Boustead Heavy Industries has signed a formal contract with Murphy Oil company for delivery of a topside, to be installed offshore Sarawak, Malaysia, Bernama has informed. Under the letter of intent signed in November last year, Boustead Penang Shipyard, a subsidiary of Boustead Heavy Industries, wi
Aibel scores Ivar Aasen maintenance work
Norwegian oilfield services provider Aibel has been awarded a contract to work on Ivar Aasen field in the Norwegian part of the North Sea.
‘World Sapphire’ christened by Damen
The official christening of the ‘World Sapphire’ marks the completion of a six-ship order whereby Damen Shipyards has delivered six Platform Supply Vessels to Norwegian company World Wide Supply AS in just six months. The Damen PSV 3300 features a radical design rethink, with a wave piercing bow, sl
Buddhist monk blesses TEN FPSO steel cutting ceremony
First steel for the TEN project Floating Production Storage and Offloading unit was cut this week in Thailand.
Survival Craft Inspectorate names Dutch market distributors
Survival Craft Inspectorate, a global provider of emergency marine evacuation systems, has appointed two distributors for the Dutch market as it eyes new growth opportunities. The business has agreed partnerships with North Sea Davit & Lifeboat Services BV at Nieuwegein, as well as Polyrep BV at Hel
Tas Offshore sells tug to international client
Malaysia’s TAS Offshore has secured a contract for the sale of one unit of Utility Tug with value of approximately RM13.2 million.
African Petroleum seeks arbitration over offshore blocks termination in Gambia
African Petroleum Corporation Limited has announced that its wholly owned subsidiary African Petroleum Gambia Limited has lodged Requests for Arbitration with the International Centre for the Settlement of Investment Disputes. The request is in relation to The Republic of The Gambia’s notification o
SeaBird’s Harrier Explorer gets contract extension
SeaBird Exploration Plc announces that Harrier Explorer has been awarded a two-month extension to the current contract in the North Sea. The vessel will operate under the extended contract until the second half of May 2014. The value of the extension is estimated at USD 4 million. The Aquila Explore