Fossil Energy
Ezra Works on Optimising Subsea Services Business
Ezra Holdings Limited has appointed J.P. Morgan (S.E.A.) Limited to advise the Company on strategic options, aimed to optimise the international profile and competitive position of its subsea services division, EMAS AMC. Potential options include a listing in the United States of America. The Compan
Tullow Begins Seismic Survey Offshore Namibia
Tullow has kicked off a 3D seismic survey offshore Namibia, using the seismic acquisition vessel Polarcus Asima. According to Pancontinental Oil & Gas NL, Tullow’s partner in the EL 0037 licence the 3D acquisition will be of approximately of 3,000 sq km and a second acquisition phase will cover appr
BSEE, NOC Receive Award for Rigs-to-Reefs Efforts
Secretary of the Interior Sally Jewell presented the Bureau of Safety and Environmental Enforcement (BSEE) and the National Ocean Council with the Partners in Conservation Award in a ceremony at the Sidney R. Yates Auditorium of the Stewart Lee Udall Main Interior Building in Washington, DC. The awa
Enegi Gets More Time to Drill Offshore Newfoundland
Enegi has extended Period I of Exploration Licence EL1116, western Newfoundland for a period of 12 months. As per the announcement of 23 December 2013 a drilling deposit of $250,000 has been paid by Black Spruce Exploration (“BSE”) to the Canada-Newfoundland Offshore Petroleum Board (“C-NLOPB”). Thi
Horizon Takes Delivery of ‘Quest Horizon’ Drillship
Horizon Survey and Geotechnical Companies (Horizon) has taken delivery of their new build DP2 Geotechnical Drillship, ‘Quest Horizon’. The 65m vessel was commissioned and designed specifically to support Horizon’s geotechnical drilling projects. The ‘Quest Horizon’ can also be utilised for survey, R
Talisman Hires AHTS from Perdana Petroleum (Malaysia)
Perdana Nautika Sdn Bhd , a subsidiary of Malaysias’s Perdana Petroleum, has received an AHTS charter contract from Talisman Malaysia Limited. Talisman has hired the vessel on a one year contract with an option to extend for another year. According to a Bursa Malaysia filing by Perdana Petroleum, th
Oil & Gas UK Releases Offshore Fabricators Handbook
Oil & Gas UK yesterday Published its UK Offshore Oil and Gas Fabricators Directory, providing a showcase for British construction yards which design and build major facilities for both domestic and international energy markets. The 98-page handbook contains comprehensive and independently verified i
Damen Shipyards Sharjah FZE Opened in UAE
Monday, January 13th witnessed the official opening ceremony of Damen Shipyards Sharjah FZE – the newest shipyard of Albwardy Marine Engineering. In a joint venture between the Damen Shipyards Group and Albwardy Marine Engineering, the core activities at DSS will continue along the tried and trusted
Petrofac Awards Derrick Lay Vessel Contracts
Petrofac, the international service provider to the oil and gas industry, confirms placement of all critical path lump-sum orders to build its new proprietary design Petrofac JSD 6000 deepwater derrick lay vessel, which will be available for construction and installation activities in early 2017.
Petrobras Orders Down Hole Technology from Prysmian
Prysmian Group, has been awarded a new contract worth approximately US $ 24 million, by the Brazilian oil company Petrobras. The award refers to special Down Hole Technology (DHT) systems for offshore oil and gas extraction application to be delivered in July 2014, that will be manufactured in the G
Semco Maritime Opens New Rig Upgrade Facility (UK)
Danish offshore project and engineering company Semco Maritime has entered into a strategic partnership with Scottish Cromarty Firth Port Authority. Cromarty Firth Port Authority owns and operates Scotland’s leading marine facility for rig projects, the Invergordon Service Base, situated some 100 ki
VLCC Luxembourg to Become FPSO
Euronav NV has sold its oldest double-hulled VLCC Luxembourg (1999 – 299,150 dwt), for USD 28 million. The capital gain on that sale of about USD 6 million will be recorded at delivery. The net cash proceeds available to Euronav after the mandatory repayment of its debt obligation will be USD 5 mill
Arc Energy Delighted with FMC Technologies Approval
Gloucestershire-based Arc Energy Resources has been approved as a supplier of specialist weld overlay cladding services to FMC Technologies, a leading manufacturer of subsea systems, equipment and technologies required to explore, drill and develop offshore oil and gas fields throughout the world. T
Palfinger Marine Supplies Cranes to Archer’s Modular Drilling Rig
Archer, the global oilfield service provider, has secured a contract with Statoil for the permanent plugging and abandonment of 12 gas wells on the Heimdal field in the Norwegian North Sea. Palfinger Marine cranes will be used to support the operations. Archer has selected the German rig manufacture