Fossil Energy
East of England Hopes to Benefit from Decommissioning Boom
James Gray, inward investment director for EEEGR and the East of England Energy Zone (EEEZ), has welcomed the progress of a group set up to encourage energy businesses across the region to work together to attract as much work as possible from the predicted boom in decommissioning Southern North Sea
Ceona Hires ‘Normand Pacific’
Solstad Offshore ASA (SOFF) has entered into a contract with Ceona, where Ceona charter the CSV “Normand Pacific”. Ceona has chartered the vessel for a period of 1 year firm with an additional 1 year option. The contract begins in April 2014. The contract value is confidential between the parties,
Wood Group to Provide Subsea Services to Local Operators in Ghana
Wood Group has signed a Memorandum of Understanding (MOU) with a Ghanaian company to explore opportunities to provide subsea engineering services to local operators. This move highlights Wood Group’s commitment to nationalisation and engaging the local supply chain in countries it operates in. Wood
Keppel to Deliver Next-Generation Drillship in 2016
Following positive feedback and strong enquiries from the market, Keppel FELS Ltd (Keppel FELS), a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), is proceeding with the building of its new CAN DO drillship. When completed in 2016, the drillship is expected to be a state-of-the
Edinburgh College Student Wins OPITO Award. Dreams of Offshore Installation Manager Career
A young trainee who has his sights firmly set on an exciting career in the oil and gas industry has won the coveted OPITO Apprentice of the Year award. Edinburgh College student, John Paterson (22) faced competition from technicians across Scotland to win the top honour in the Upstream Oil and Gas I
Vallianz Raises Money for Fleet Expansion
Vallianz Holdings Limited, an integrated offshore marine solutions provider in the offshore oil and gas industry, is set to further strengthen its capital base with a strong vote of confidence from shareholders. The Group has received shareholders’ approval for the grant of options to Swiber and the
Coastal Contracts Sells Three Vessels for $46M
Malaysia’s Coastal Contracts Bhd has secured contracts for the sales of one Subsea Support Maintenance Vessel (“SSMV”) and two “low-end vessels” for an aggregate value of approximately RM148 million (USD 46 million). This is the fifth batch of vessel sales order secured by the Group in FY2013. With
Supply Vessel Crashes into ‘Maersk Innovator’ Rig
An offshore supply vessel crashed yesterday into the Maersk Innovator rig, located in the Norwegian part of the North Sea. According to the Norwegian news website Aftenbladet.no, the vessel hit the rig yesterday around 15:00. No injuries have been reported. Jacob Korsgaard, CEO of Maersk Drilling No
Flexible Pipe Specialist FlexTech Satisfied with Initial Progress
Flexible pipe specialist FlexTech has surpassed its first year turnover target of £500,000 just six months after start-up and anticipates reaching £1million by the end of the year. Flexible pipe expert Craig Keyworth established the Aberdeen-based company in March of this year, after operating as a
Mintra to Train EnQuest UK Workers
Mintra Training Portal Limited, a leading provider of learning and competency solutions for the oil and gas industry has secured a contract to deliver training management services to EnQuest’s UK employees. The three year deal will see Mintra deliver practical, e-learning and classroom training for
Det norske Receives NPD Approval for Barents Sea Well
The Norwegian Petroleum Directorate has granted Det norske oljeselskap ASA a drilling permit for the well 7222/11-2 A, in the Barent Sea. Well 7222/11-2 will be drilled from the Transocean Barents semi-submersible drilling rig. The drilling programme for the well relates to the drilling of a wildcat
Shell to Start 2D Seismic Survey in New Zealand in January 2014
Shell New Zealand plans to carry out a 2D seismic survey in January 2014 in the Great South Basin, offshore New Zealand. The survey is expected to take approximately 70 days, will target a 21,200km2 area and be around 150km offshore from Dunedin. The programme will involve acquiring seismic info
Augean CEO Joins Decom North Sea Board
Augean, one of the UK’s leading specialist waste management businesses, has informed that its CEO, Dr Stewart Davies, has been appointed to the Board of Decom North Sea, the offshore oil & gas supply chain forum established to formulate effective contracting strategies for the forthcoming decommissi
ROC Names New BoD Chairman
The Board of Roc Oil Company Limited (ROC) today announced the appointment of Mike Harding as Chairman of the Board and the retirement of Andrew Love as Chairman and a Director effective 11 December 2013. Love welcomed Harding’s appointment as Chairman saying, “Mike has broadened and strengthened th