Fossil Energy
AMEC Lands $974 M Shah Deniz Platform Contract (Azerbaijan)
The AMEC Tekfen Azfen (ATA) consortium has been awarded a contract totalling $974 million for BP-operated Stage 2 development of the Shah Deniz gas field in the Caspian Sea. AMEC will contribute its project and construction management expertise to the consortium. The contract covers the fabrication,
Technip to Carry Out EPCI for Jalilah B Platform in UAE
Technip wins a new contract in the Middle-East and reinforces its position in the promising subsea business in the region.
Sentinel Orders Five Vessels From Nam Cheong, Malaysia
Malaysia’s Nam Cheong Limite has secured sale contracts with a total value worth close to US$70 million for four Emergency Response and Rescue Vessels (“ERRVs”) and one Anchor Handling Towing Supply Vessel (“AHTS”). The ERRVs and AHTS were all sold to an existing repeat customer, Sentinel Marine, an
PSA Looks Into Statfjord C Oil Leak (Norway)
The Petroleum Safety Authority has resolved to conduct an investigation into a hydrocarbon leak which occurred on the Statfjord C platform in the North Sea, offshore Norway, on 26 January 2014. An escape of stabilised oil occurred on the Statfjord C platform in the early morning of 26 January 2014.
Spectrum, CGG Start Seismic Survey Offshore Brazil
Spectrum and CGG announced today that the acquisition of the high-end BroadSeis(TM) 3D multi-client survey program offshore Brazil in the Foz do Amazonas Basin has started. As communicated earlier, the two companies are working as equal partners on this project which has received high prefunding fro
Dynacom Finds Hijacked Tanker. Crew Faked Attack, Angola’s Navy Accuses
Dynacom, a Greece-based owner of the oil tanker “Kerala”, which went missing from the radar last week offshore Angola, today said that it had re-established contact with the vessel on Sunday, January 26. The company said that the pirates stole a large amount of cargo. “All crew members are alive and
MOG’s Production Down Due to Guendalina Results
The Board of Mediterranean Oil & Gas Plc announces the following operational update for the 3 month period ended 31 December 2013. MOG’s total net production for Q4 2013 was 4.24 MMscm (equivalent to 0.15 Bcf, or 26,980 boe). This represents average net production of 46,133 scm per day or 293 boe pe
Pemex, Lukoil Sign Cooperation Agreement
Vagit Alekperov, OAO LUKOIL President, and Emilio Lozoya, General Director of Mexico’s Pemex, signed a cooperation agreement on Friday as part of the World Economic Forum in Davos (Switzerland). The document was signed in the presence of Enrique Peña Nieto, President of Mexico. The new agreement wil
Reach Subsea Signs Two MPSV Vessels Contracts
Reach Subsea has signed an agreement with the Myklebusthaug group to hire the MPSV “Dina Star”. The agreement includes the installation instalment of a 150T subsea crane and Reach mobilization of ROV and personnel on board for use in Reach’s offshore lightweight construction support projects. The ve
‘VOS Sympathy’ En Route to Venezuela
Vroon has announced that VOS Sympathy, one of its DP2 subsea-support vessels, will leave the North Sea this week for a new project in Venezuela with Vroon’s clients Delta SubSea (DSS). Delta SubSea, headquartered in Montgomery, Texas, is an integrated independent provider of ROV (remotely operated v
PSA Finds Serious Breaches of Regulations at Statoil’s Oseberg A
The Petroleum Safety Authority Norway has issued an order to Statoil following the investigation of the hydrocarbon leak at Oseberg A facility in the Norwegian part of the North Sea. The investigation identified serious breaches of the regulations. Through the investigation, it was revealed that key
Statoil Ranked 4th Most Sustainable Corporation by Corporate Knights
Corporate Knights has ranked Statoil number four, and the number-one energy company, on the Global 100 list of the world’s most sustainable corporations. The announcement was made at the World Economic Forum in Davos, Switzerland last week. The Canadian media company made its list from an initial gr
New PSV for Deep Sea Supply
Deep Sea Supply today has taken delivery of the Platform Supply Vessel “Sea Spider” of Ulstein’s PX 105 design from Sinopacific Shipyard. The vessel is owned by a company which is 50% owned by Deep Sea Supply and 50% by BTG Pactual. The vessel’s main characteristics are the size of 4700 dwt, 1000 m2
Rolls-Royce: New Subsea Vessel Design ‘Unlike Anything Seen Before’
Rolls-Royce has won an order to provide integrated design and ship equipment for a highly innovative offshore vessel for Norwegian ship owner Island Offshore. The new UT 777 design has been developed in close cooperation with Island Offshore, to be used in offshore drilling operations during harsh w