Fossil Energy
Shipyard De Hoop to Build Ten Platform Supply Vessels for UAE Market
Shipyard De Hoop has received an order to design, build and deliver ten Platform Supply Vessels (PSV) for Abu Dhabi National Oil Company (ADNOC). ADNOC issued the invitation to tender at the beginning of 2013, following technical prequalification the group of tenderers was reduced to a shortlist of
Statoil Hires PSVs from Blue Ship Invest
Two of the six PSVs in the Blue Ship Invest fleet, ‘Blue Thunder’ and ‘Blue Guardian’, have been contracted for long-term work for Statoil. ‘Blue Thunder’ has been working for Statoil since April, and this contract ends on 23 January. Statoil has now entered into a new 6-month contract for this vess
IAGC Expresses Concern Over Barents Sea “Group Shoot”
International Association of Geophysical Contractors President Chip Gill today issued the following statement on the announcement by Norwegian Oil and Gas and Statoil of a joint seismic acquisition project in the Barents Sea: “On December 10th, Norwegian Oil and Gas and Statoil announced a group of
SapuraKencana Confirms Petronas Contract Award
Malaysia’s SapuraKencana Petroleum Berhad has confirmed that its subsidiary, TL Offshore Sdn. Bhd. has been awarded contracts for Packages C & D by eleven PETRONAS’ Production Sharing Contractors (“PSCs”) for the provision of works and services for the integrated transportation and installation of o
Ennsub to Launch Recruitment Drive in 2014 as Demand Increases
Ennsub, the independent subsea design, engineering and technology company, has secured an order book with options in excess of £7.5 million for execution in 2014, a large proportion of which is for major international subsea installation contractors. The company, established in July 2012 by four pro
TAQA Receives Nod for Morrone Field Development
TAQA, the international energy company from Abu Dhabi, has received approval from the UK government for development of its Morrone field (block 9/23b) in the Central North Sea. The initial phase of development will consist of an extended reach well drilled from the TAQA-operated Harding jack-up plat
Keppel Receives 5 New Deals Worth $119 M
Keppel Offshore & Marine Ltd’s (Keppel O&M) subsidiaries Keppel Shipyard Ltd (Keppel Shipyard) and Keppel Nantong Shipyard Co. Ltd (Keppel Nantong) have secured five contracts worth about S$150 million (USD 119 million) in total. Michael Chia, MD (Marine and Technology) of Keppel O&M, said, “We are
Ross Offshore, Premier Oil Sign Several Frame Agreements
Ross Offshore AS has been awarded several Frame Contracts by Premier Oil Norway including immediate Call-off for Well Management. The frame contracts are for well management, field development and single consultancy services. The contracts are for 5 Years with possible extensions, and the well manag
Cotemar Extends ‘Safe Regency’ Contract
Mexico’s Cotemar group has awarded Safe Regency accommodation rig a bareboat contract from 27 January 2014 until 31 December 2017. The contract value is approximately USD 86 million. The Safe Regency was built in 1982 at the FELS yard in Singapore to a Pacesetter design. She has an eight-point Thrus
ANP Approves Karoon’s Appraisal Plan (Brazil)
Karoon has received written notification from the Agência Nacional do Petróleo (“ANP”) that the Discovery Appraisal Plan (Plano de Avaliação de Descobertas or “PAD”) for blocks S‐M‐1101, S‐M‐1102, S‐M‐1037, S‐M‐1165 and S‐M‐166 has been approved. ANP Approves Karoon’s Discovery Appraisal Plan The
Dana Buys Equity in Two Blocks in Danish and German Waters
Dana Petroleum has acquired equity in two licences in the Danish and German sectors of the Southern North Sea. Dana will acquire 40 per cent equity and operatorship of the Danish 12/06 licence and 56 per cent equity and an option for operatorship of the German B20008-73 licence from PA Resources (PA
ARI Simulation Delivers Offshore Simulators to NOTI (India)
ARI Simulation has delivered a complete suite of integrated offshore simulators to the NUSI Offshore Training Institute (NOTI), one world’s most technologically advanced, dedicated offshore training facilities. The inauguration ceremony was presided over by former International Maritime Organization
AWE Rejects Senex Takeover Offer
AWE Limited has rejected a non-binding and conditional scrip based takeover proposal from Senex Energy Limited (“Senex”). The Board determined that Senex’s proposal was not in the best interests of AWE shareholders and accordingly was not appropriate to pursue. Following the meeting of the AWE Board
Bowleven Names New FD
John Brown has today given notice of his resignation as Finance Director of Bowleven. It is currently envisaged that the effective date of the resignation will be early in the new year. Brown, aged 49, joined Bowleven as Finance Director in 2004 and following his resignation will assume the position