Fossil Energy
CGG to Offer Central North Sea PSDM Data
CGG announced today that it has started the re-imaging of its entire Cornerstone multi-client dataset to create a 35,000-km2 contiguous broadband PSDM volume, covering the Central North Sea. The existing conventional north-south long-offset data will be reprocessed with a deghosting technique to pro
Ocean Rig UDW Announces Major Developments
DryShips Inc., a global provider of marine transportation services for drybulk and petroleum cargoes and through its majority owned subsidiary, Ocean Rig UDW Inc., of offshore deepwater drilling services, today announced that Ocean Rig: $1.35 billion Bank Facility Ocean Rig announced that it has sig
Ensco Takes Delivery of New Jack-Up Rig
Ensco plc has taken delivery of ENSCO 120, the first in its series of three ultra-premium harsh environment jack-up rigs. The rig is contracted to work for Nexen in the North Sea beginning in the fourth quarter at a day rate of approximately $230,000 plus cost adjustments. Chairman, President and Ch
Siem Offshore Enters OSCV Charter Agreement
Siem Offshore has entered into a charter agreement with Daya OCI LTD for one additional Offshore Subsea Construction Vessels (“OSCV”). The agreement is made at market terms and is for a firm period of five years with two yearly options. The charter shall commence in the fourth quarter 2013. The OSCV
Statoil Awards Removal Contract to Subsea 7, Norway
Subsea 7 S.A. today announced the award of a contract valued at approximately $140 million from Statoil for the removal and replacement of risers, flowlines and associated subsea structures on the Norwegian Continental Shelf. Project management and engineering work will commence immediately from Sub
Statoil on Track with Mariner Field Development Project, UK
Statoil has started the build-up of its Aberdeen operating organisation and reported today at SPE Offshore Europe 2013 that the company and its partners are on track with the Mariner field development project. The Mariner heavy oil field was discovered in 1981. Statoil entered the license as operato
Expro to Celebrate 40 Years of Technology at 2013 SPE Offshore Europe, UK
Leading international oilfield services company, Expro, will celebrate 40 years of pioneering well flow management with a range of new technology at the 2013 SPE Offshore Europe conference in Aberdeen, from 3-6 September. Expro will showcase its prototype HawkEye V downhole camera, new HP/HT Drill S
Cairn Contracts Hercules Triumph for Indian Ocean Works
Hercules Offshore announced that it has signed a contract with Cairn India Limited for use of the Hercules Triumph (formerly Discovery Triumph) in the Indian Ocean. Total contract value is approximately $36.6 million, which includes approximately $13 million of mobilization and demobilization fees,
Statoil to Use Scarabeo 5 on Kristin Field Drilling Ops, Norway
Statoil has received consent to use the Scarabeo 5 mobile drilling rig for recompletion of production well 6406/2-S-1 in the Kristin field. Kristin is a gas/condensate field in the Norwegian Sea, WNW of Namsos and about 17 km SW of the Åsgard A facility. The field has been developed using subsea fac
ECITB Works On Expanding UK Oil & Gas Workforce
The Engineering Construction Industry Training Board (ECITB) is working hard to build the capacity and capability of the Oil & Gas workforce through the development of training and qualifications to; support the sectors growth, to assure high standards of competency and to allow the UK to compete gl
DOF Subsea Sells Skandi Bergen (Norway)
DOF Subsea Rederi AS, a company in DOF Subsea Group, has signed an agreement for the sale of the vessel Skandi Bergen to an international buyer. Delivery to new owners is expected in early 2014. Based on current USD / NOK exchange rate, it is estimated a gain on sale of assets of approximately NOK 2
New Managing Director for Ichthys LNG Project Appointed
INPEX CORPORATION, Operator of the Ichthys LNG Project, has appointed Louis Bon as Managing Director Ichthys LNG Project. Bon succeeds Antoine Serceau, who will be returning to France after three years of excellent leadership at the helm of the Ichthys LNG Project. Bon comes to the Project with more
Saab Seaeye Buys Hydro-Lek (UK)
Top ROV manufacturer, Saab Seaeye, has acquired manipulator and ROV tooling maker, Hydro-Lek. Saab Seaeye’s managing director Jon Robertson sees a clear synergy between the two companies as manipulators and tools are key elements in the design and function of underwater vehicles. Formed 20 years ago
Wood Group GTS Gets Dutch Platforms Maintenance Contract Extension
Wood Group GTS has secured a multi-million dollar, three year contract extension from Total E&P Nederland B.V. to provide maintenance management support for the client’s entire fleet of turbines, driven equipment, generators and associated equipment on seven offshore gas platforms located in the Dut