Fossil Energy
Wood Group Mustang Names New General Manager in Malaysia
Wood Group Mustang announces John Etherington as general manager Malaysia, leading operations and strategic development in the Asia Pacific region. Kuala Lumpur is the hub of Wood Group Mustang’s Malaysia operations, where Etherington will focus on an expanding presence in the offshore, onshore, che
DeepOcean to Inspect Nord Stream Pipelines
DeepOcean AS, subsidiary of DeepOcean Group Holding BV, announced that the company has been awarded the contract for inspection of the Nord Stream gas export pipelines in the Baltic Sea by Nord Stream AG. The Contract is for two years and confirms DeepOcean’s strong position as a provider of advan
PETRONAS Awards Five-Year Contract to Petrofac-RNZ
Petrofac’s Malaysian based engineering services business; RNZ Integrated (M) Sdn Bhd (Petrofac-RNZ) has been awarded a five-year umbrella design and engineering Services contract in Malaysia by PETRONAS Carigali Sdn Bhd (PETRONAS Carigali). Under the scope of the competitively tendered contract, Pet
CSM Orders Two Jack-Up Rigs from CIMC Raffles (China)
China’s Yantai CIMC Raffles Offshore Limited (CIMC Raffles), has secured an order from Central Shipping Monaco (CSM) to build 2 Friede & Goldman JU2000E jack-up drilling rigs. The two rigs are scheduled to be delivered at the end of 2015. In addition, CSM has options to build up to another 4 similar
Fairmount Delivers Ensco 5004 Rig to Malta
Fairmount Marine has safely delivered rig ENSCO 5004 in Malta at the end of a voyage that began offshore Rio de Janeiro. Rig ENSCO 5004 is a 1982 built 94,7 meters long and 70,4 meters wide semi-submersible drilling rig. The towage of rig ENSCO 5004 from Rio de Janeiro to Malta took about 5,782 naut
First Subsea to Deliver Bend Stiffener Connectors for Gaza FSO
First Subsea has been awarded a contract by EMAS AMC (Singapore) to supply diverless bend stiffener connectors for risers and umbilicals connected to the turret moored, Gaza Floating Storage and Offloading (FSO) vessel, offshore Libya, in the Mediterranean. In total, four First Subsea Type 2 bend st
Rising Costs Terminate Kristin Gas Export Project
Norwegian oil giant Statoil has announced that the Kristin gas export project (KGEP) partners today made a decision to terminate the project due to unsustainable economics caused by increased investment costs and increased risk to volume availability. The Kristin gas export project (KGEP) – a pipeli
Swedish EQT Buys Aker Solutions’ Well Intevention Business
Aker Solutions completed the sale of its well-intervention services business area to EQT, a Swedish private equity fund. The unit was sold for an enterprise value of NOK 4 billion and the agreement includes an earn-out provision where Aker Solutions will receive 25 percent of any internal rate of re
Lankhorst Ropes to Supply Mooring Lines for Western Isles FPSO
Offshore rope manufacturer, Lankhorst Ropes has been awarded a contract by Aberdeen based Dana Petroleum to provide Gama 98 polyester mooring lines for the Western Isles Development FPSO vessel (Floating Production Storage and Offloading). Given the weather conditions in the North Sea, and relativel
Aminex, Tanzania to Sign Kiliwani North Gas Sales Deal Soon
Aminex PLC provides an update on its discussions with the Tanzanian authorities in regards to the Gas Sales Agreement for the Company’s Kiliwani North Gas Field. The Gas Sales Agreement with the Tanzania Petroleum Development Corporation (“TPDC”) for the Company’s Kiliwani North Gas Field is largely
KrisEnergy: Development of Cua Lo-1 Unlikely (Vietnam)
KrisEnergy Ltd., an independent upstream oil and gas company, announces the completion of the drilling and testing of the Cua Lo-1 exploration well in Block 105-110/04 (“Block 105”). The Cua Lo-1 well was drilled to a measured depth of 2,867 metres, or 2,837 metres total vertical depth subsea. Based
Atlantica Wins West Africa Work for ‘Gamma’ Tender Barge
Atlantica Tender Drilling Ltd., formerly BassDrill, has been awarded a contract for its tender barge “Gamma”, offshore Cote d’Ivoire. The barge will work for Foxtrot international on the Marlin field development project on a five well contract. Estimated duration of the contract is approximately 400
Apache to Drill Phoenix South-1 Well in 2Q 2014 (Australia)
Carnarvon Petroleum Limited has been advised by Apache, the Operator of the WA-435-P permit, that the spud date for the Phoenix South-1 well is likely to be in the second quarter of calendar year 2014. Apache has advised the reason for the change in spud date is due to Apache’s operational timetable
ULSTEIN Designed PSV ‘Sea Spear’ Delivered to Seatankers
On January 6, 2014, the ULSTEIN designed platform supply vessel ‘Sea Spear’ was delivered from Zhejiang Shipyard, Ningbo, to the Seatankers Group. The PX105 designed vessels are considered as large PSVs. This design is one of the most attractive PSV designs from ULSTEIN due to the combination of fle