Fossil Energy
Tullow Ghana Awards Subsea Contract to FMC Technologies
FMC Technologies, Inc. announced today that it has received an order from Tullow Ghana Limited to supply subsea systems for its Tweneboa-Enyenra-Ntomme Development (TEN Project) offshore Ghana. The order has an estimated value of $340 million in revenue. FMC Technologies’ scope of supply includes su
Two More Drillships Ordered from DSME
Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) has signed another lucrative deal adding two more ships to its orderbook. The company announced today in its regulatory filing to the Korea Stock Exchange that it has won an order worth approx $ 1.25 billion for the construction of two drills
DSME to Build Its First Jack-Up in 30 Years
Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) has been awarded its first jack-up rig contract after a 30 year hiatus. DSME signed the contract on September 25th with Maersk Drilling, a Denmark based company, for one jack-up rig. The value of this contract is approximately 530 million USD
KCI Makes Management Changes (The Netherlands)
For over 25 years, KCI Schiedam has been providing quality engineering services to a well-established base of international customers in various industries ranging from Oil & Gas, Shipping and Offshore Renewables. The last few years have shown a steady and healthy growth of the company’s activities
Offshore Energy 2013 Launched
Offshore Energy Exhibition & Conference 2013 has officially began this morning at 09.30 in Amsterdam, the Netherlands. Taking place for the sixth time, Offshore Energy continues with the steady growth with over 500 offshore companies showcasing their products. During the opening ceremony the key-not
Lundin Petroleum Drills Duster in Norwegian Sea
Lundin Petroleum AB, through its wholly owned subsidiary Lundin Norway AS, announces the completion of wildcat well 6608/2-1S. The well was drilled in PL330 about 60 km east-southeast of the Aasta Hansteen gas field in the Norwegian Sea. The exploration well 6608/2-1S, operated by RWE Dea Norge AS,
Paradigm Group Acquires GeoKey Limited (UK)
Paradigm Group BV, has acquired GeoKey Limited, based in Edzell, Angus, in a seven-figure multi-million pound deal. The acquisition is the group’s third since its inception in 2009. Paradigm Group BV has interests in a number of key segments including drilling, subsea and topside flow assurance, wel
MacGregor Wins AHC Offshore Cranes Order
MacGregor, part of Cargotec, has received an order for two MacGregor active heave-compensated (AHC) offshore cranes from a Turkish shipyard for a new subsea inspection, maintenance and repair (IMR) and construction vessel for a Norwegian owner. A 250-tonne and a 15-tonne MacGregor subsea crane will
Norway to Invest in O&G Industry Development
In the National Budget 2014, the Government is proposing continued investment in increased oil recovery and the development of the petroleum industry in northern Norway. Accordingly, the grants to Petoro and the Norwegian Petroleum Directorate will be increased by NOK 6 million and NOK 4 million, re
Kongsberg Maritime Launches New Training Application
Kongsberg Maritime Ltd has developed an innovative new app to support courses offered at its Westhill training centre, streamlining the booking process for delegates and allowing them to organise training on the go. The new app will enable trainees to book courses remotely on mobile devices, making
Workstrings International Opens New Office in Stavanger, Norway
Leading oil and gas industry rental equipment provider, Workstrings International Ltd, a Superior Energy Services company, celebrates the opening of its new facility in Stavanger, Norway. The facility, which will create opportunities for the employment of local staff and services, encompasses a suit
Indonesian Drilling Campaign to Begin in November 2013
Nido Petroleum Limited provides the following update on the upcoming Indonesian drilling campaign in the Baronang and Gurita PSC’s operated by Lundin Petroleum on behalf of the respective PSC joint venture partners. Nido has received government approval from MIGAS of the transfer of the 10% particip
IMCA Publishes ROV Mobilisation Update (UK)
From award of a contract to the first in-water test of the remotely operated vehicle (ROV) there are a significant number of issues that need to be addressed by both the onshore and offshore ROV teams. Each mobilisation is unique and needs to be planned in a comprehensive and structured manner. To a
Cassidy Proposes Act to Stop Obama’s Offshore Drilling Moratorium
Congressmen Bill Cassidy, M.D. (R-LA) and John Fleming, M.D. (R-LA) proposed the Fiduciary Responsibility and Fairness Act of 2013. This bill ensures the federal government fulfills its fiduciary responsibility of providing services and activities during a government shutdown that have funding deriv