Fossil Energy
Aker Solutions Results Hurt by Cancelled Orders, Low Capacity Utilisation
Norwegian oilfield services provider Aker Solutions generated revenue of NOK 11,907 million in the second quarter, little changed from the same quarter a year earlier. First-half year sales were NOK 22,967 million, compared with NOK 21,730 million a year earlier. Earnings before interest, tax, depre
BlueFire Holds Another Drilling Tool Patent Up Its Sleeve
BlueFire Equipment Corporation announced yesterday that initial discussions with one of the oil majors have paved the way for new offshore technology development. At the request of the major, BlueFire is preparing a provisional patent application to be filed with the United States Patent and Tradema
MEO Pulls Out of NT/P79 Permit Offshore Australia
MEO Australia Limited has announced that it’s wholly owned subsidiary, Finniss Offshore Exploration Pty Ltd (Finniss), has received regulatory approval to withdraw from and surrender exploration permit NT/P79. MEO farmed into the permit in December 2012 to pursue an exploration play concept that req
Greenpeace Leaves Kara Sea After Russian Coast Guard Warning
Four members of the Russian Coast Guard today boarded the Greenpeace Arctic Sunrise vessel. According to Greenpeace the Coast Guard member boarded the ship without permission. The Coast Guard embarked on the vessel used by Greenpeace to protest against offshore drilling in the Arctic region after th
FPSO OSX 3 Enters Brazilian Waters
Brazil’s OSX group has announced that the FPSO OSX-3 has entered Brazilian waters. The unit started its voyage on July 15 in Singapore, and completed its journey before the planned schedule. FPSO OSX-3 is the second unit of oil production to compose OSX fleet to operate in Brazil and its arrival rep
Manora Oil Development Hit by Cost Overruns (Thailand)
Tap Oil Limited provides the following update on the Manora oil development project in the Northern Gulf of Thailand (TAP 30% interest). Mubadala Petroleum, the Operator of the Manora joint venture, has provided preliminary advice of an approximately 13% expected cost increase on the Manora oil deve
Intertek Launches AIM Surveying Services in Australia and Brazil
Intertek, the leading quality solutions provider to industries worldwide, announces the launch of Intertek Asset Integrity Management (AIM) Surveying Services in Australia and Brazil. Intertek Surveying Services (ISS) is a global leader in dimensional control, laser scanning and surveying services p
Palfinger Buys Marine and Offshore Crane Business in S. Korea
Palfinger Dreggen, has concluded an agreement to buy the assets in connection with the marine and offshore cranes product areas of the Korean crane manufacturer MCT Engineering CO., LTD. The acquisition follows PALFINGER MARINE’s takeover of the Norwegian offshore crane manufacturer and is designed
Registration Live for Offshore Energy & OWIM 2013
With less than 2 months to go the registration for both Offshore Energy Exhibition & Conference and Offshore WIND Installation and Maintenance (OWIM) 2013 is now open at www.offshore-energy.biz. Hosted in Amsterdam RAI on October 15 & 16 the events expect some 500 exhibitors, 8,500 visitors and 900
Noreco’s Danish North Sea Fields Remain Shut on Siri Platform Issues
Noreco has announced that restart of production from the Nini, Nini East and Cecilie fields, which the operator planned last week, has been delayed. According to Dong Energy, the operator of the Danish North Sea Siri platform, which hosts production from the three satellite fields, production is not
DSME Orders Drillship Cranes from TTS
TTS Group ASA has through its subsidiary TTS Offshore Handling Equipment AS in Norway, signed a contract with a total value of approximately. 120 MNOK. The contract is with Daewoo Shipbuilding & Marine Engineering Co., Ltd. in Korea and concerns delivery of four large offshore cranes, additional equ
‘Deepsea Bergen’ Rig to Undergo Modifications
Odfjell Drilling’s semi Deepsea Bergen will be berthed at the Coast Centre Base (CCB) yard in September. The rig will be modified for continued drilling services for Statoil. Odfjell Drilling has awarded CCB the contract for the yard stay for Deepsea Bergen where the rig will undergo planned client
Gazprom Neft Shelf Publishes Plan for Prirazlomnaya Oil Spill Prevention and Response
“Gazprom Neft Shelf” LLC has published on its site the Summary Plan on prevention of spill incidents and oil spill response in the operating responsibility zone of Prirazlomnaya Offshore Ice-Resistant Fixed Platform (OIRFP). The document reflects basic provisions of prompt response system and of int
Some CHC Helicopters Back in Air Following ‘Super Puma’ Crash Off Shetland
After CHC on Saturday announced it would ground all of its helicopters within the UK, as a response to the AS332-L2 Super Puma helicopter crash which occurred Friday, off Shetland, the company last nigh revealed that some of its helicopters might start flying Monday after all. “We believe that engin