Fossil Energy
Jasa Merin Sells Anchor Handler (Malaysia)
SILK’s subsidiary Jasa Merin has entered into a Memorandum of Agreement sell an AHTS vessel for $ 7.9 million (RM25.36 million). The vessel, known as M/V JM Damai is a 5,444 bhp Anchor Handling Vessel, built in 2006. It is a Malaysian flagged vessel with Port Klang as the port of registry. The vesse
ROVOP Wins New Enterprise Accolade at Subsea UK
The business success of subsea specialist ROVOP has been industry applauded after the company won the New Enterprise accolade at last night’s (Wednesday 5 February) Subsea UK business awards. Subsea UK’s coveted New Enterprise award, which represents the fourth industry accolade that ROVOP has won,
NZOG Names New Exploration Manager
A new General Manager, Exploration has been appointed at New Zealand Oil & Gas. Dr William Houston was previously Geoscience Manager and most recently Acting Exploration Manager. He will join the senior management team. Dr Houston has spent the past fifteen years in exploration, development and new
Gazprom, Lukoil Team Up to Prevent Offshore Oil Spills
Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee and Ravil Maganov, First Executive Vice President of LUKOIL signed a Cooperation Agreement on prevention of and response to emergencies caused by oil and petroleum product spills in the locations of the companies’ offshore faciliti
Premier to spend $5.2 Billion on Sea Lion development
Premier Oil, a UK-based independent oil and gas exploration company, has announced today that the cost for the first phase of the Sea Lion development in the Falkland Islands will amount to $5.2 billion. The field will be developed via a Tension Leg Platform. It is estimated capital costs (gross) fo
Focal Marine & Offshore Bags Two Vessel Design Contracts
Focal Marine & Offshore, a global expert in ship design and naval architectural service, was awarded two design contracts recently. One is from their regular Middle East client for DP-2 ROV / diving support vessel of FOCAL 532 design with LOA of 90m, diesel electric propulsion, AHC crane of 100t SWL
UMW orders jack-up rig from Keppel
Keppel FELS has secured a contract from UMW Drilling 8 (L) Ltd, a wholly-owned subsidiary of UMW Oil & Gas Corporation Sdn. Bhd. (UMW Oil & Gas), for a KFELS B Class jack-up rig worth US$218 million. It will be the third KFELS B Class jack-up rig for UMW Oil & Gas and is […]
Arctic Technology Conference: Fugro Receives Spotlight on Arctic Technology Awards
Organisers of the Arctic Technology Conference (ATC) have announced Fugro as the recipient of two 2014 Spotlight on Arctic Technology Awards. The company is being recognised for its integrated 3D iceberg mapping technique, which defines complex iceberg properties using high precision subsea imaging
Bibby Offshore Named Company of the Year at Subsea Expo (UK)
Subsea installation contractor, Bibby Offshore, won the Company of the Year award at the 2014 Subsea Expo Awards on Wednesday 5 February 2014. Celebrating the highest performing companies and individuals in the subsea energy sector, winners were announced at the awards ceremony held at the Aberdeen
Weststar Aviation Bags Huge PTTEP Contract
Weststar Aviation Services Sdn. Bhd., a member of the Weststar Group of Companies, announced the successful launch of its first regional expansion in Asia after its new Songkhla base in Thailand started operations on a seven-year PTT Exploration and Production (PTTEP) contract. Weststar Aviation Ser
Premier Oil to submit Catcher FDP next week. FPSO supplier selected
Premier Oil today announced it has selected a preferred bidder for the Catcher Floating Production Storage Offloading unit. The company said that it was a long and tough competition between three FPSO suppliers, but did not reveal who the successful bidder was, adding that it was in the process of f
Gazprom to Invest $287M in Sakhalin Region in 2014
The Gazprom headquarters hosted a working meeting on Tuesday between Alexey Miller, Chairman of the Company’s Management Committee and Alexander Khoroshavin, Governor of the Sakhalin Region. The meeting noted a significant amount of Gazprom’s investments in the Sakhalin Region –the Company’s capital
Statoil Awards Sleipner ISP Contract to Bilfinger
Statoil has awarded Bilfinger Industrier Norge a contract for the provision of insulation, scaffolding and painting (ISP) services on an offshore platform in the Sleipner gas field. In doing so, the energy company has exercised an option under a framework contract which it signed with the Bilfinger
THHE to Build Topside for Petronas’ Offshore Project (Malaysia)
Malaysia’s TH Heavy Engineering Berhad (“THHE”) has received a contract to deliver a topside for PETRONAS Carigali Sdn Bhd’s project offshore Sabah. Under the agreement, THEE is to carry out the Procurement, Construction and Commissioning (PCC) of KNPG-B Topside PH II, Kinabalu Non-Associated Gas (N