Fossil Energy
Statoil CEO: In oil industry geology takes precedence over geography
Statoil invited politicians, suppliers and other important stakeholders to Stavanger Concert Hall today to share challenges and increase understanding for the changes that are the inevitable outcome of tighter margins in the oil and gas industry. Stavanger Day, being arranged this year for the first
Medserv to provide support services to Eni in Cyprus
Italian oil company Eni have appointed Medserv (Cyprus) Ltd to provide them with operational base support services. The contract is for three years with a possible extension for an additional two years. “The value of the contract runs well into the multi-million Euro mark, making the Eastern Mediter
KrisEnergy gets interest in Block SS-11 offshore Bangladesh
KrisEnergy Ltd., an independent upstream oil and gas company, has been awarded a 45% non-operating working interest in the production sharing contract for the shallow sea block SS-11 offshore Bangladesh. The block was awarded to Santos Sangu Field Ltd, which is the operator of the PSC with 45%, Kris
Harris CapRock presents new VSAT solution for offshore customers
Harris CapRock Communications debuted Pulse™, an Advanced VSAT solution for offshore and deepwater customers, at SATELLITE 2014, being held March 11-13 at the Washington Convention Center in Washington, D.C. Utilizing the latest in Advanced VSAT technologies, the breakthrough service enables real-ti
Energy XII to buy EPL for $2.3B
As a result of the merger, Energy XXI will become the largest public independent producer on the Gulf of Mexico shelf,
Wagenborg orders Amarcon’s OCTOPUS-Onboard for ‘Walk to work vessel’
Amarcon, part of the ABB group, has received an OCTOPUS-Onboard order from the Dutch company Wagenborg for their pioneering new-build ‘Walk to work vessel’. This new type of offshore maintenance support vessel is currently being built at the Royal Niestern Sander shipyard in the Netherlands. The dyn
UTEC expands UK team
UTEC – one of the world’s largest independent survey companies – has announced a key addition to its UK team based in Aberdeen, Scotland.
Statoil: Major modifications scheduled for Heidrun
Statoil has received consent to undertake major modifications of the production facility at Heidrun in connection with Heidrun Low Pressure Production. The consent applies to modifications to parts of the production facility at Heidrun and commissioning of this modified facility. The purpose of the
Vard to build two OSVs for an undisclosed client
Vard Holdings Limited has secured contracts with an undisclosed customer for the construction of two offshore support vessels. The total value of the contracts amounts to close to NOK 600 million (USD 100.3 million). Delivery is scheduled from Vard Brevik in Norway in 3Q 2015 and 4Q 2015. The hulls
Hyperdynamics investigation forces Tullow to declare Force Majeure (Guinea)
Tullow has declared a Force Majeure on its operations in Guinea after the U.S. authorities opened investigations into the activities of one of its partners in a concession off the African country’s coast. Hyperdynamics, the partner in question, said that Tullow stated in its notice, dated March 11,
Songa Mercur rig worker sees Malaysian jet crash?
An offshore worker has reportedly seen the missing Malaysia Airlines jet MH370 come down.
Nordic Maritime to shoot seismic over Cairn’s block in India
Singapore-based offshore specialist Nordic Maritime has been awarded a USD23.5 million contract to provide 3D marine seismic data acquisition and processing services off the coast of Andhra Pradesh, India, to Cairn India Limited, starting later this month. The contract will see Nordic Maritime colla
Large oil companies interested in Westbridge’s Namibia blocks
Westbridge is continuing its recently initiated farm-down process of its interests in blocks 1811B, 1910A rel., 1911A rel., 1912B, and 2011A rel. offshore Namibia in the Walvis Basin. Westbridge began the process in January 2014 and has partnered with EZ Dataroom, a provider of marketing and dataroo
IOG appoints Non-Executive Director
Independent Oil and Gas plc, the North Sea focused Oil and Gas Company, has announced that Paul Murray is joining the board, effective immediately. Murray began his career as a Petroleum Engineer with Mobil North Sea and joined Lasmo Plc in 1988 where he worked in a variety of commercial roles befor