Fossil Energy
Aibel Receives $823M Contract from Statoil
Aibel will continue as Statoil’s largest supplier of maintenance and modification services for two more years. Statoil has fulfilled an option to extend the contract with two more years. The extended contract has a total value of around NOK 5 billion (USD 823 million). Statoil has thus renewed its c
Centec Introduces UROS-CT Centralizer
Centek Group, the leading centralizer manufacturer, has introduced its UROS-CT centralizer targeted on tight casing applications in deep water wells. The UROS-CT is designed for use in tight tolerance casings where the centralizer is required to compress fully to travel between tight casing strings
PSA Norway: Well Control Incidents on the Rise
Well control incidents and barrier management were on the agenda at the annual contractor seminar organised by the Petroleum Safety Authority Norway (PSA) and held last Tuesday. “We are regrettably not seeing a positive trend in the fall in well control incidents, which is worrying”, said PSA Direct
Wintershall to Use Borgland Dolphin for Norwegian Sea Well
Wintershall Norway AS has received consent to carry out exploration drilling of well 6407/1-7 in production licence 475 in the Norwegian Sea using the Borgland Dolphin semi-submersible drilling rig. Drilling is planned to begin in November 2013, with a duration of 43 days, depending on whether a dis
Shell Donates $2.5M to Typhoon Haiyan Victims
Royal Dutch Shell plc announced today that it is donating US$2.5 million, in response to the catastrophic typhoon Haiyan that struck the Philippines. Typhoon Haiyan has caused massive destruction in the central Philippines. The donation from the Shell Group will be used for rebuilding and rehabilita
Dana Makes Oil Discovery in Moray Firth (UK)
Dana Petroleum has made an oil discovery in the Moray Firth following the drilling of the Liberator exploration well. Dana drilled 13/23d-8 on the Liberator Prospect in Licence P1987 as Operator and discovered hydrocarbons in a Lower Cretaceous Captain Sandstone reservoir. Detailed evaluation of the
Rolls-Royce Delivers AHTS Equipment to Malaysia’s Nam Cheong
Rolls-Royce has signed contracts to deliver an extensive package of ship equipment for ten anchor handling offshore vessels to the Malaysian ship builder Nam Cheong. The contract includes an option for equipment for additional future vessels. The Rolls-Royce scope of delivery includes both deck mach
Harkand Charters ‘Siem Spearfish’ OSCV
Harkand has entered into a charter agreement with Siem Offshore for the Offshore Subsea Construction Vessel (OSCV) ‘Siem Spearfish’. The agreement covers a firm period of five years with three yearly options and shall commence in May 2014. The vessel will support the development of the Harkand group
Statoil Awards $492M Offshore Maintenance Job to Aker Solutions
Aker Solutions ASA secured a two-year option agreement extension valued at NOK 3 billion ($492.3 million) from Statoil ASA to provide maintenance and modifications work offshore Norway. The option is part of a 2010 framework agreement to provide maintenance and modifications work on the Statoil-oper
‘Maersk Developer’ Receives High Grades from Anadarko
At the recent quarterly customer satisfaction survey Maersk Drilling’s US based ultra deepwater semi-submersible drilling rig Mærsk Developer received straight sevens for an outstanding performance. It was the second time in 2013 the rig received top scores from a customer. On 25 October Mærsk Devel
Prosafe Places Orders for Two Accommodation Rigs
Prosafe has entered into firm contracts with COSCO (Qidong) Offshore Co., Ltd. for the engineering, procurement and construction of two semi-submersible accommodation vessels, with options for four further units. The vessels will be the most advanced and flexible units for worldwide operations exc
Lime Petroleum Buys Into Two Barents Sea Blocks
Rex International Holding Limited has announced that 65 per cent indirectly owned subsidiary Lime Petroleum Norway AS (“Lime”), has received approval from the Norwegian Ministry of Petroleum and Energy for the acquisition of 10 per cent interest in each of the two offshore licences, PL 707 and PL 70
Wood Mackenzie: Russia Needs IOC Help to Refocus to Tight Oil, LNG & Arctic
Wood Mackenzie’s latest upstream analysis observes that Russia needs to re-focus investment from easier conventional onshore projects to more difficult and expensive tight oil, LNG and Arctic developments to maintain production in the longer-term. Russia accounts for 15% of global oil and gas produc
12 Offshore Operators Fail to Meet SEMS Standards
Bureau of Safety and Environmental Enforcement (BSEE) Director Brian Salerno cited 12 offshore operators for their failure to demonstrate compliance with the Safety and Environmental Management Systems (SEMS) requirements of the Workplace Safety Rule, 30 CFR Subpart S. The SEMS requirements were put