Fossil Energy
Snorre B Platform to Get New WOS from FMC Technologies
FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed an agreement with Statoil for the manufacture and supply of a Workover System (WOS) to be installed on the Snorre B platform in the Norwegian part of the North Sea. The award has an approximate value of $114 million in revenue. Th
Eni Completes Acquistion of Firenze FPSO
Saipem today announced that, following the sale of the entire share capital of the company Floaters S.p.A. to Eni, it has now completed the sale to Eni of Firenze FPSO, as notified to the market on 11 and 12 December 2013. The value of the agreement is around $463 million. Under the deal, Eni has ac
KBR Wins Shah Deniz Stage 2 Engineering & Procurement Contract
KBR today announced that it was awarded a contract by BP Exploration (Shah Deniz) Limited to provide detailed engineering and procurement support services for the Shah Deniz Stage 2 Project located in the Azerbaijan sector of the Caspian Sea. It will be booked into backlog in Q4 2013. This contract
OGX Could Get Kicked Out of BS-4 Block
QGEP Participações S.A. announces that its wholly owned subsidiary Queiroz Galvão Exploração e Produção S.A. (“QGEP”) received from the Agência Nacional do Petróleo, Gás Natural e Biocombustíveis (ANP) the Notice nº 1845/2013/SDP, dated December 23, 2013, informing that certain measures have been ta
Appraisal Drilling Starts At Carcara Area (Brazil)
QGEP Participações S.A. has announced the drilling of the appraisal well at the Carcará discovery has begun at Block BM-S-8, in the ultra-deep waters of the Santos Basin pre-salt, offshore Brazil Drilling began on December 14th, approximately 5km from the pioneer well, using the NS-32 Rig (Norbe VII
Eastern Launches ‘Bravante VII’ PSV
Eastern Shipbuilding Group, Inc. has announced the christening and launching of the M/V BRAVANTE VII Platform Supply Vessel for Boldini S.A., BRAVANTE GROUP of Brazil. This is the third vessel launched in a series of five. The event was held on December 20, 2013 at Eastern’s Nelson Street Facility
RWE Dea Farms Into Kanuku Licence, Offshore Guyana
RWE Dea has arranged a deal with Repsol Exploración Guyana (Repsol) to farm-in to the Kanuku licence operated by Repsol in the Guyana-Suriname Basin located offshore from the coast of Guyana. By entering the South American country, RWE Dea further expands its upstream position in this prolific regio
Harkand Orders DSCV from VARD
Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of offshore and specialized vessels, has secured a contract with a new customer, Harkand Group (Harkand), for the design and construction of one Diving Support and Construction Vessel. The value of the contract exceed
Nam Cheong Celebrates Vessel Sales Record
Nam Cheong Limited, today announced that the Group has set a new record high in vessel sales with its latest contract wins of four vessels. The Group sold three Anchor Handling Towing Supply Vessels to its jointly controlled entity, PT Bahtera Niaga Indonesia (“BNI”) and one Maintenance / Work Vesse
Severe Cyclone Hits Western Australia. Operators Evacuate Workers
Offshore operators in Western Australia are bracing themselves for the Tropical Cyclone Christine. The Australian Bureau of Meteorology has issued a category three cyclone warning for coastal areas from Wallal to Onslow, including Port Hedland, Karratha and Onslow, and extending inland to Paraburdoo
NZOG: Matuku at 3167 Meters. Kan Tan IV Drills Ahead
New Zealand Oil & Gas has informed that, as at 6.00AM Sunday, 29 December, the Matuku-1 well in PEP 51906 offshore Taranaki had been drilled to 3167 metres after setting 13 3/8″ casing at 1494 metres. A cement plug has been set across suspected debris at the base of the well and the next activity is
Siem Offshore Orders 4 Dual-Fuel PSVs from Remontowa
Siem Offshore has entered into shipbuilding-contracts with Remontowa Shipbuilding S.A. in Poland for four dual fuelled Platform Supply Vessels. The vessels will be of VS 4411 DF design. Siem Offshore has currently two vessels of similar design under construction for delivery in 2014 and 2015, and
Parkmead Triples Its Stake in Athena Field
Parkmead signed an agreement with EWE VERTRIEB GmbH (“EWE”) to acquire a 20 per cent. interest in UK production licence P.1293 (Block 14/18b ALL) which contains the Athena oil field. Completion of the acquisition is subject to the usual partner and regulatory approvals. Following the acquisition of
Centrica Spuds Butch East Well (Norway)
Faroe Petroleum has announced the spudding of the Centrica operated Butch East exploration well 8/10-5S (Faroe 15%), the first of two back-to back-wells in Licence PL405/PL405B. Butch East, which is adjacent to the Company’s 2011 Butch discovery, is situated in approximately 65 metres water depth in