Fossil Energy
Spectrum to Start Airborne Seismic Survey in Barents Sea
Spectrum reports that the mobilization has commenced for the acquisition of an airborne gravity/magnetic/seep Multi-Client survey in the Barents Sea South East. The survey will cover the entire newly opened area with approximately 29,280 km to be acquired. The survey aircraft will also carry, on an
Det norske: Augunshaug Well Dry
Det norske oljeselskap ASA is about to complete the drilling operations in wildcat well 2/1-15, on the Augunshaug Prospect. Augunshaug is located in the North Sea, east of the Gyda Field. The well encountered sand of Jurassic age, but without hydrocarbons. Det norske oljeselskap ASA has completed th
Lundin Spuds Another Johan Sverdrup Well (Norway)
Lundin Petroleum AB (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), announces that drilling of appraisal well 16/5-4 on the Johan Sverdrup discovery located in the North Sea sector of the Norwegian Continental Shelf (NCS), has commenced. The well is located
BSEE, DOE Sign Memorandum of Collaboration (USA)
The Bureau of Safety and Environmental Enforcement (BSEE) and the Department of Energy (DOE) Office of Fossil Energy signed a Memorandum of Collaboration last week that will coordinate the ongoing efforts of the two agencies on offshore research and technological improvement projects. Through this c
Jaya Secures PSV Contract in Mozambique
Singapore’s Jaya Holdings has signed a contract to charter its new build DP2 Platform Supply Vessel (PSV) “Jaya Vigilant” for a long term operation in the Indian Ocean, offshore Mozambique. The two year contract, which includes charterer’s options has a value of more than US$20 million. Jaya Vigilan
Songa Offshore: 2Q Profit Drops
Songa Offshore SE, a Cyprus-headquartered drilling contractors has reported operating revenue for the second quarter 2013 of USD 127.4 million. Net profit for the period was USD 4.5 million, compared to USD 10.6 million in the same period in 2012. Total expenses for the second quarter 2013 were USD
Petrobras: Additional Work on P-63 FPSO Completed. Production Scheduled for October
Brazil’s state-run oil company Petrbras has announced that the P-63 FPSO ended being temporarily located in Ilha de Santana, in Macaé (RJ) on Friday (August 23), after being finished, strictly within the set period, additional works resulting from a change in the underwater layout of the wells was c
Anadarko Sells Share in Block Offshore Mozambique for $2.64 Billion
Anadarko Petroleum Corporation yesterday announced it has entered into a definitive agreement with ONGC Videsh Ltd. (OVL), a wholly owned subsidiary of Oil and Natural Gas Corporation Limited, to sell a 10-percent interest in Mozambique’s Offshore Area 1 (Area 1) for $2.64 billion in cash. Anadarko
Top News of The Week August 19 – 24, 2013
Top News of The Week August 19 – 24, 2013
CHC Grounds All Flights After Helicopter Crash Off Shetland
Step Change in Safety’s Helicopter Safety Steering Group (HSSG) yesterday held a meeting in response to the CHC helicopter ditching off Shetland on Friday evening. HSSG has taken the precautionary measure of recommending temporary suspension of all Super Puma commercial passenger flights to and from
Helicopter Crashes Into Sea Offshore Shetland. Four Dead
An oil rig helicopter carrying 18 workers crashed last night into the North Sea, about two nautical miles west of Sumburgh, on Shetland Island in the U.K. Four passengers died and 14 others were rescued. Police Scotland informed that one passenger is yet to be recovered: ” Police Scotland can confir
Eidesvik Completes Sale of ‘Viking Forcados’
Norwegian shipowner Eidesvik which earlier this month entered into a memorandum of agreement for the sale of the vessel Viking Forcados to an undisclosed buyer, today announced that delivery of the vessel to new owners took place today. The Viking Forcados is a multi purpose support vessel designed
Sevan Drilling Shareholders Snub Seadrill Offer
Seadrill, a drilling contractor owned by John Fredriksen, a Norwegian-born Cypriot oil tanker and shipping tycoon, has failed in an attempt to takeover all the shares in Sevan Drilling company. In a filing to the Oslo Stock Exchange, the drilling contractor announced that it has received acceptances
HANSA HEAVY LIFT Names Interim CEO
HANSA HEAVY LIFT board member Roger Iliffe has been appointed by Oaktree Capital, 100% shareholder of the shipping company, as interim CEO, and replaces Tomas Dyrbye whilst the company searches for a replacement. Oaktree’s plan is to continue significant investment into the project heavy lift market