Fossil Energy
Europe’s 17 Bln Boe of Yet-to-Find Oil and Gas Volumes Attract Companies
At Offshore Europe in Aberdeen, Wood Mackenzie presented its view of the role of independent oil and gas companies globally. This peer group has been at the forefront of conventional exploration, playing a key role in opening up giant new plays. With the Independents now taking an increasingly large
FoundOcean Expands to Houston (USA)
FoundOcean, the largest dedicated offshore construction grouting company in the world, today announced the opening of its newest office in Houston, Texas to support its expansion overseas. “Houston is recognised as the energy capital of the world, with almost half of its economic activity driven by
Offshore Investment to Grow by 73 Pct (UK)
Scotland’s oil and gas sector has enormous potential for the future creating significant opportunities for the sector, Energy Minister Fergus Ewing said today. The global spends & trends reports on a number of key markets, show that total offshore capital investment is expected to grow by 73 per cen
GE Exhibits Latest Innovations at SPE Offshore Europe 2013
With the offshore oil and gas industry seeking more advanced technologies and skilled workers, GE Oil & Gas and GE’s Power Conversion business are joining forces to showcase their latest product and service innovations as well as numerous career opportunities with GE this week at the SPE Offshore Eu
Dana Petroleum Develops Blueprint for New Breed of O&G Company, UK
Dana Petroleum is developing a blueprint for a new breed of ‘independent’ national oil and gas company. That was the message from Dana’s Group Chief Executive Dr Marcus Richards speaking at the Offshore Europe Conference in Aberdeen today. Dr Richards told delegates that the shape of the oil and gas
Martens Marine Receives Berkat Tenang AHTS (Singapore)
Martens Marine took delivery of the last 58.7m 5150BHP DP 1 AHTS from Guangdong Yuexin Ocean Engineering Co., Ltd. in the Martens Marine“E 65T Series”. BERKAT TENANG is an Anchor Handling Towing Supply Vessel (AHTSV) intended for operations in the shallow waters of Asia, West Africa, and the Middle
Pacific Khamsin Drillship Delivered to Pacific Drilling
Pacific Drilling S.A. announced that it has taken delivery of its newest drillship, the Pacific Khamsin. The drillship begins mobilizing to Nigeria today, where it will commence a two year drilling contract. Pacific Khamsin, which features the most advanced drilling technology in the offshore drilli
Nordic Energy Acquires Largest E&P Licence in Danish North Sea
Nordic Energy plc, a company focussed on making investments in the North Sea oil and gas sector, announces the formal transfer to the Company of licence 01/13 (`the Licence’), the largest exploration and production licence in the Danish North Sea, covering an area of 3,600 sq km in a proven hydrocar
BOURBON Sells First Nine Vessels to ICBCL, China
Following the transfer of ownership of the first 9 vessels to the Chinese company ICBC Financial Leasing (“ICBCL”) as part of a 51 vessel sale and bareboat commitment and the payment of US$144 million, BOURBON announces that the ten-year bareboat charter period of those 9 vessels by BOURBON will com
Otto Energy Continues Galoc-5H Well Drilling (Philippines)
Otto Energy Limited, as operator of the producing Galoc oilfield joint venture offshore the Philippines, provides the following update on the Galoc-5H and Galoc-6H drilling campaign in SC14C, part of the Galoc Phase II development approved in 2012. During the period from 0600 hours (AWST) on 28 Augu
Bibby Offshore Secures Contract Extension with Talisman (UK)
Aberdeen-based subsea installation contractor Bibby Offshore has secured a contract extension worth in excess of £100million, with Talisman Sinopec Energy UK. A further three years with a one year extension option has been signed, making this the longest fixed term contract to be secured by Bibby Of
AWE Limited Buys 60 Pct Share in Vic/P67 Permit (Australia)
AWE Limited today announced that it has signed a farm-in agreement to acquire a 60% working interest in permit Vic/P67, offshore Victoria, from WHL Energy Limited. The Vic/P67 permit contains the undeveloped La Bella gas discovery and multiple near-field exploration targets. The permit is adjacent t
Emerson to Automate New Offshore Platform in UK Solan Field
Premier Oil has awarded Emerson Process Management, a global business of Emerson, a $17 million contract to automate a new offshore production platform in the Solan oil field on the U.K. Continental Shelf. Emerson’s technologies and services will enable Premier to safely and efficiently manage the p
GE Adds New Subsea Manifold Option for Offshore Customers
Facing a surging global demand for critical subsea oil and gas production equipment, GE Oil & Gas has launched a new strategy to dramatically reduce the time it takes to design and deliver subsea manifold systems to key offshore customers by adding a standardized manifold design option. The new mani