Fossil Energy
Gas Flow Resumes from Bulla-Deniz. Fire Extinguished (Azerbaijan)
Azerbaijan’s state-controlled oil company SOCAR today announced that natural gas production from the Bulla Deniz platform in the Caspian Sea has been completely restored. The company confirmed that on October 25, as a result of joint efforts by the SOCAR and “BOOTS & Coots” specialists, transportati
KBR Appoints EVP and CFO
KBR today announced that Brian K. Ferraioli has been appointed the company’s Executive Vice President and Chief Financial Officer effective today. Ferraioli brings 34 years of financial and accounting experience specifically in the engineering and construction industry to his role at KBR. He was pre
BP Opens Center for High-Performance Computing in Houston
BP worked with HP and Intel to grow its computing power to over 2.2 petaflops, almost doubling our capability this year. BP’s new supercomputer will also boast total memory of 1000 terabytes and disk space of 23.5 petabytes – the equivalent of over 40,000 average laptop computers.
Ekofisk South Produces First Oil
ConocoPhillips today announced first oil production from the Ekofisk South development project in the Norwegian North Sea on Oct. 25. “The Ekofisk South project startup represents an important milestone for ConocoPhillips,” said Matt Fox, executive vice president, Exploration and Production. “This i
Kosmos Energy, Cairn Seal Farm-Out Deal (Morocco)
Kosmos Energy today announced that it has entered into a farm-out agreement with Capricorn Exploration & Development Company Limited, a wholly-owned subsidiary of Cairn Energy PLC (LSE:CNE), covering the Cap Boujdour Contract Area, offshore Morocco. Under the terms of the agreement, Cairn will acqui
Trelleborg to Showcase Subsea Flow Control Solutions at OTC Brasil
Trelleborg Group’s offshore operations, leading developer, manufacturer and supplier of polymer-engineered solutions for the offshore oil and gas industry, is showcasing its comprehensive suite of subsea flow control solutions, precision seals and hoses at this year’s Offshore Technology Conference
Petrobras Oil Production Spurred by FPSO Start-Ups
Petrobras has announced that oil output (oil plus natural gas liquids – NGL) from all of its fields in Brazil averaged 1.979 million barrels per day (bpd) in September. This volume is 3.7% higher than the average output of the previous month (1.908 million bpd). Including the share operated by Petro
3sun Group Turnover Increases Almost Three-Fold (UK)
Great-Yarmouth based 3sun Group, a specialist provider of products and services to the global energy industry, has reported a turnover of £13.7 million for the financial year 2012/13. The company’s turnover increased almost three-fold from 2010/2011, going from £2.4million to £6.5million, and almost
Eni Opens Operations Centre in Hammerfest
Today, Eni Norge is opening its new operations centre in Hammerfest – an event which marks a further expansion of the company’s activities in northern Norway Eni Norge consolidates its position in the Barents Sea: “Strategically, northern Norway and the Barents Sea are key areas for Eni Norge”, says
Miclyn Buys 50 Pct of Uniwise Towage Limited (Thailand)
Miclyn Express Offshore announces that it has executed a Sale and Purchase Agreement to acquire 50% of the shares in Uniwise Towage Limited (“UWT”) from Svitzer Asia Pte. Ltd. (“Svitzer”), a subsidiary of the global A.P. Moller-Maersk Group. Domiciled in Thailand, UWT operates a fleet of five (5) st
Triyards Receives Order for Self Elevating Unit
TRIYARDS Holdings Limited, an offshore vessel fabrication and engineering solutions provider to the oil and gas (O&G) industry, has secured two contracts worth an additional US$59 million, including its 10th Self-Elevating Unit (SEU) order, consolidating its position as a leading fabricator of SEUs
BOEM: Central GoM Lease Sale to Be Held in March 2014
The Bureau of Ocean Energy Management (BOEM) announced that it will hold Gulf of Mexico Central Planning Area (CPA) oil and gas lease sale 231 in New Orleans on March 19, 2014. The sale is the second CPA lease sale and the fourth overall sale under the 2012 – 2017 Outer Continental Shelf Oil and [&h
SapuraKencana to Carry Out Subsea Inspections for Carigali Hess’ Facilities
Malaysian oilfield services provider SapuraKencana Petroleum Berhad has, through its wholly-owned subsidiary, Allied Marine & Equipment Sdn. Bhd. (“AME”) has been awarded with a contract for the provision of Subsea Inspection Services for Carigali Hess’ Facilities, with Carigali Hess Operating Compa
Ezion Receives $65 Mln LoI for Service Rig
Ezion Holdings Limited has announce that it has received a letter of intent with a contract value of up to approximately USD 65 million over a 3 year period to provide a Service Rig to be used by an oil major to support its oil & gas activities in South East Asia. The Company is in the process [&hel