Fossil Energy
TGS, BGP Begin Seismic Research Offshore Madagascar
TGS, in partnership with BGP, has commenced acquisition of 2D seismic, gravity and magnetic multi-client surveys offshore Madagascar utilizing the M/V Challenger. The surveys, MAJ-13 and MS-14, will add 7,025 km of new 2D seismic data to extend and infill the existing 33,315 km of 2D data acquired b
Lamprell Delivers ‘Jindal Star’ Jack-Up Rig
Lamprell has announced the completion of construction of the jackup rig “Jindal Star” and its delivery to Jindal Pipes (Singapore) Pte. Ltd. (“Jindal”) a D. P. Jindal Group Company. Completion and delivery of the rig, on budget and 20 months after initial steel cutting, was marked with a ceremony at
Oil & Gas UK: Offshore Flights Safety Concerns Taken Very Seriously
Oil & Gas UK has released a response with regards to the Unite’s ‘Back Home Safe’ campaign which calls for immediate improvements to the safety of offshore flights. “Oil & Gas UK acknowledges the concerns raised by the Unite Union and takes them very seriously. Oil & Gas UK is working closely with S
Scott Replaces Scott as Sevan Drilling CEO
The Board of Sevan Drilling has today announced that Scott McReaken will succeed Scott Kerr as Chief Executive Officer of Sevan Drilling ASA.
Lockheed Martin Helps Oil Firms Mitigate Cyber Security Risks
Years of experience protecting some of the world’s most sensitive information has led Lockheed Martin (NYSE: LMT) to develop intelligence-driven cyber security defenses that can provide insight into the sophisticated adversaries targeting oil and gas companies’ intellectual property and operations.
Unite: 50 Pct Workers Not Confident About Offshore Flights Safety (UK)
Offshore workers together with Unite, the UK’s biggest union are launching the ‘Back Home Safe’ campaign on Wednesday 6 November , which calls for immediate improvements to the safety of offshore flights. In August this year, the Super Puma L2 helicopter, owned by CHC, on its way from the Borgsten D
TAQA Returns to 3Q Profit
The UAE-based oil and gas company TAQA reported today it had returned to profit in the third quarter after posting a loss in the same period last year. The positive figures were down to strong operational performances across its main divisions, following the successful resolution of a series of issu
Murphy Oil Abandons Azurite Field. BW Offshore Eyeing New FDPSO Deal
PA Resources today announced that production from the Azurite field, offshore Congo, has stopped as planned. Field abandonment operations have kicked off. The final crude oil lifting for the joint venture took place on 1 November. The Azurite development is located in about 4,500 feet of water, in t
DNV to Class Two Brazilian Built Pipe Layers
The new Vard Promar yard in North East Brazil represents a significant expansion of Brazil’s shipbuilding capability as more yards will be built outside of Rio de Janeiro. At 340 tons, the Brazilian built vessels will be among the most complex vessels ever constructed in Brazil. Competence, capacity
Qatargas, Centrica Pen £4.4 Bln Gas Sales Deal
Centrica plc, the parent company of British Gas, today announced it has entered into a 4 ½ year LNG supply agreement with Qatargas for the purchase of up to 3 million tonnes per annum of liquefied natural gas (LNG). The £4.4billion deal builds on Centrica’s existing agreement with Qatargas, signed i
Sir Robert Smith Hails Proserv’s Apprenticeship Program
Sir Robert Smith Bt, MP has visited market leading production technology services company Proserv to see how the firm develops the engineers of tomorrow. At Proserv’s test and assembly base at Birchmoss, near Echt in Aberdeenshire, the MP for West Aberdeenshire and Kincardine took a tour of the faci
CLS Offshore Buys Fabrication Facility with Barclays’ Support
Barclays has supported CLS Offshore Limited with a £2m loan through the Funding for Lending Scheme to purchase their unique quayside fabrication facilities and business premises at Gorleston, Great Yarmouth. In addition to the aforementioned loan, Barclays has also provided various trade finance fac
Encana to Lay Off 20 Pct of Workers
Encana Corporation announced its clear vision and strategy today, earlier than initially expected, and has already started making the “significant and bold changes needed to put Encana on track to be a leading North American resource play company.” “We are doing what it takes to get Encana back to w
Competentia Delivers Consulting Services to Statoil
The consulting company Competentia has secured their first frame agreement with Statoil regarding the delivery of technical consulting services within the field of drilling and well technology as well as exploration and petroleum technology, mainly for Statoil’s Norway operations. The contract durat