Fossil Energy
Anadarko spuds Caravel-1 well, offshore New Zealand
Anadarko Petroleum , operator of PEP 38264 block located offshore New Zealand, started drilling the Caravel-1 exploration well at 16:44 hours local time on 10 February 2014, Origin Energy has reported. Caravel-1 is located in the Canterbury Basin offshore New Zealand. The drillship Noble Bob Douglas
ConocoPhillips awards HVAC services contract to AFG
AF Group’s (AFG) subsidiary Mollier AS has been awarded a new framework agreement for the service, modification and maintenance of HVAC systems (Heating, Ventilation and Air Conditioning) at ConocoPhillips’s offshore installations on the Norwegian continental shelf. The agreement period is 4,5 years
Fastnet gets more time to decide on Foum Assaka drilling
Fastnet Oil & Gas has been granted approval from the government of Morocco to enter the First Extension Period of the Foum Assaka Petroleum Agreement, Offshore Morocco. The First Extension Period extends the Kosmos Energy-operated licence for the 30 months to 30 June 2016 during which there is a com
Helix to charter two well-intervention vessels from Siem Offshore
Siem Offshore Inc. will provide Helix Energy Solutions Group, Inc. with two well-intervention vessels. The two vessels will be owned by Siem Offshore and chartered by Helix for an initial period of 7 years, with options that can extend the charter periods up to 22 years. The terms for the two contra
Swiber expands shipyard capability with new lease
Swiber Holdings Limited has secured an additional lease at Tuas Cresent, which when combined with its existing shipyard, will form a comprehensive marine support base for its offshore construction activities. Its wholly‐owned subsidiary, Newcruz Shipbuilding & Engineering Pte Ltd (“Newcruz”), has se
Record breaking year for IHC Engineering Business
IHC Engineering Business has been successful in winning export orders to the value of more than £200 million ($328.06 M) over the past year. The projects are being managed from the company’s office in Stocksfield, Northumberland, with further expansion and recruitment planned for 2014. The most rece
ASL Marine to build 6 offshore vessels for $74.6M
ASL Marine Holdings Ltd. is building six new offshore vessels for an undisclosed client. The value of the contract is estimated at S$97 million ($74.6 million) in total. In a press release issued today, the company said that it will build two Emergency Response and Rescue Vessels and four Anchor Han
2H Offshore delivers tripod platform design to Dubai Petroleum
Dubai Petroleum has chosen 2H to deliver an intensive, fast track design of an ultra-lightweight conductor supported tripod platform. The tripod platform, known as T-02, has been successfully installed in the Fateh field, offshore Dubai in 50m water depth. The platform consists of a minimal topside
Seaway Heavy Lifting names new COO
Peter de Bree has joined Seaway Heavy Lifting in the role of Chief Operating Officer as of 1st February 2014. Peter de Bree brings extensive experience from the Heavy Lifting industry. He worked at Heerema where he held various commercial roles, was Project Manager and on his departure in 2012 was t
Jaya delivers ‘Atlantic Merlin’ AHTS to Canadian client
Jaya Holdings Limited, has delivered its second new build ice class anchor handling tug supply vessel to Canadian buyers, Atlantic Towing Limited. The 16,000 BHP vessel was delivered on 7 February 2014 in Singapore and was christened the “Atlantic Merlin” at a naming ceremony held earlier today. She
Coretrax receives loan from Maven
Maven Capital Partners (Maven), a Private Equity and Alternative Asset Manager, has announced a £3.5 million Scottish Loan Fund (SLF) investment in energy services business Coretrax Technology Limited (Coretrax). Set up in 2011 by the Scottish Investment Bank, the investment arm of Scottish Enterpri
Nexen charters ERRV ‘Ocean Tay’ for Golden Eagle field
Aberdeen-based standby vessel operator Atlantic Offshore Rescue has commissioned a £6 million vessel for a long-term charter with Nexen Petroleum UK Ltd (Nexen). Thirty new jobs have been created as a result of the new vessel, Ocean Tay, a Class A Emergency Response and Rescue Vessel (ERRV), which w
Proserv buys KRG Industries
Proserv bolsters its subsea manufacturing capabilities and specialist integrated services after acquiring KRG Industries
Pacific Radiance secures $59M worth of charter contracts
Pacific Radiance Ltd. has recently secured $59 million worth of charter contracts with repeat clients. The Singapore-based provider of offshore marine services said that the latest wins involve vessels ranging from tugs and barges to anchor handling tugs (AHT), and anchor handling tug supply vessels