Fossil Energy
Fabricom Receives $115M Slaipner Field Contract
Statoil has awarded Fabricom AS a two-year option agreement for maintenance and modification on the Sleipner field in the Norwegian North Sea, starting August 2014. The estimated total value of the contract is calculated to 700 MNOK ($115 million). The option is part of a 2010 framework agreement to
Falkland Islands Gov’t Approves FOGL, Desire Transaction
FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, has informed that pursuant to the “Shareholder Approval” announcement issued on the 15th November, the Company has now received official approval from the Government of the
Bridge Energy Delisting from Oslo Børs
Oslo Børs has received an application from Bridge Energy ASA, an oil and gas exploration and production company, for delisting of the company’s shares. Pursuant to Continuing Obligations section 15.1 (4) cf Stock Exchange Act section 25 (1), Oslo Børs has today made the following resolution: “The sh
Subsea Engineering & Training Specialist Jee Ltd to Double Staff
Independent subsea engineering and training company Jee Ltd yesterday announced the expansion of its Aberdeen office as part of the firm’s vision for strategic growth, with the potential of increasing staff numbers by 110% in Aberdeen city and Shire. The new ‘Subsea Corridor’ premises are more than
Last Greenpeace Activist Released on Bail by St. Petersburg Court
Australian activist Colin Russell has been granted bail today by a St. Petersburg court, the last of the Arctic 30 detainees to be ordered released on bail after taking part in a protest at a Gazprom-operated Arctic oil platform in September. He has spent 71 days in detention. Like those of the Arct
Dolphin Energy, Nord Stream Exchange Subsea Pipelines Expertise
Dolphin Energy Limited today announced it had signed a Memorandum of Understanding (MOU) with Nord Stream AG, the company that is providing a new natural gas supply route from Russia to Europe. The MOU was signed in the presence of Dolphin Energy’s General Managers in the UAE and Qatar, Ibrahim Ahme
Eurocopter Demonstrates Super Puma’s Offshore Abilities in Canada
Eurocopter Canada Ltd. is showcasing the EC225 helicopter in St. John’s this week to demonstrate the rotorcraft’s features and capabilities for the offshore oil and gas community in Canada’s Newfoundland and Labrador province. The helicopter is in St. John’s for three days to highlight its ideal sui
Palfinger Expands through Double Acquisition
The PALFINGER Group finalized the contracts for two acquisitions. The majority takeovers of Palfinger systems GmbH and the Megarme Group will expand PALFINGER’s portfolio for the shipping and offshore industries as the Group will henceforth provide access and working systems meeting the special dema
Glencore Orders Plexus’ Wellhead Equipment for ‘Parrot’ Well
Plexus Holdings PLC, has agreed to supply its high pressure/high temperature (‘HP/HT’) POS-GRIP wellhead equipment to Glencore Exploration Cameroon Ltd (‘Glencore’), the leading integrated commodities producer and marketer, for drilling one exploration well known as Parrot, offshore Cameroon. In add
Lundin to Use ‘Island Innovator’ for North Sea Wildcat
Lundin Norway AS has received the PSA Norway approval to use the Island Innovator drilling rig in the Norwegian sector of the North Sea. The company will use the rig to drill and perform production testing of wildcat well 25/10-12 in production licence 625. Drilling is planned to begin in December,
MCP Provides Communications Equipment for DeepOcean’s New Vessel
Maritime Communication Partner (MCP) has agreed a contract with subsea services company DeepOcean to provide state-of-the-art online and mobile communications for a newbuild MT6022 offshore vessel. The vessel, built by Kleven and to be chartered from REM Maritime AS, will provide Inspection, Maint
Swissco Secures Charter Contracts for New AHTS Vessels
Singapore’s Swissco Holdings Limited, a marine service provider for the shipping and offshore Oil and Gas industries, has secured charter contracts worth an aggregate of S$27.0 million for its new vessels. The two new 60-meters anchor handling tug and supply (“AHTS”) vessels will be deployed immedia
Drilling Completed at CRD 3X Well Offshore Vietnam
Pan Pacific Petroleum (Vietnam) Pty Ltd has been advised by the Operator of the Block 07/03 Production Sharing Contract that the CRD-3X sidetrack being drilled by “Ocean General” semi-submersible drilling rig has reached total depth (TD) at a measured depth of 3629 m BRT (below rotary table). The CR
Infinity Energy Starts Seismic Data Acquisition Offshore Nicaragua
Infinity Energy Resources, Inc. , an independent oil and gas exploration and development company, today announced that it has commenced its seismic survey activities with the November 25th departure of the survey vessel M.V. Viking 1 from Panama and its arrival on-site in Nicaraguan waters in the Ca