Fossil Energy
EnQuest Gets Clearance to Build New North Sea Base
EnQuest will have a new prestigious North Sea base in the Granite City after planning permission was granted for a high quality office development on the derelict Aberdeen Seafood Park site in the harbour area. The firm, which is the largest UK independent oil producer in the UK North Sea, currently
Moody’s Changes Outlook for Cameron to Positive (USA)
Moody’s Investors Service (Moody’s) changed the outlook for Cameron International Corporation (Cameron) to positive on the strength of record backlog levels, a higher proportion of revenues derived from after-market sales, and continuing conservative financial policies. “The positive outlook reflect
Eco Atlantic Receives Oil Exploration Rights Off Namibia
Eco (Atlantic) Oil & Gas Ltd. has received final approval from Namibia’s Ministry of Mines and Energy for the inclusion of all oil and gas rights on its Skeleton Coast License #31 which is a transition license that is both onshore Huab Basin and extends offshore Walvis Basin. The License, which the
Wintershall Granted Drilling Permit for PL 418 Well, Norway
The Norwegian Petroleum Directorate has granted Wintershall a drilling permit for well 35/9-10 S, in the Norwegian sector of the North Sea. Well 35/9-10 S will be drilled from the Transocean Arctic drilling rig at position 61°15’07.02” north and 3°41’04.10” east for Wintershall Norge AS in productio
Blackford Dolphin to Be Dry-Docked at H&W Yard
Aberdeen based Dolphin Drilling Ltd has awarded Harland and Wolff the contract for the dry docking of the Blackford Dolphin mobile offshore drilling unit (MODU). The project will include upgrade work and repairs and renewals for its Class Renewal Survey. The project will be completed in H&W’s 556m x
DW: $106 Bln to Be Spent on Subsea Vessels by 2017
The subsea vessel operations market is poised to see an increase in demand in the near term with day rates for some vessels set to increase. Between 2013 and 2017, Douglas-Westwood (DW) forecast $106 billion (bn) of expenditure on subsea vessel operations – an increase of 54% over the preceding five
Crew Change Delays Put Extra Load on Offshore Workers
Amid the challenges posed to operations and logistics staff by weather-enforced crew change delays, one other offshore discipline also has a key role to play – the medic. An Aberdeen-based medical expert says events such as the summer backlog of helicopter flights, caused by a period of North Sea ha
Largest Offshore Order for Trelleborg
Trelleborg has, through its business area Trelleborg Offshore & Construction, been awarded a contract to supply drill riser buoyancy modules (DRBMs) to one of the major leading drilling companies in the world. The order is the largest to date for the offshore operation of Trelleborg and is in the ra
Falcon Confirms of Two Jack-Up Rig Deals with COSL
Singapore’s Falcon Energy Group Limited has confirmed that its indirect subsidiaries, TS Amber Limited and TS Pearl Limited, have entered into two sale and purchase agreements and two novation agreements with COSL Drilling Power Pte Ltd and COSL Drilling Craft Pte Ltd respectively, to novate their r
Clive Palmer: $35 Bln Gas Region Found Off PNG
The chairman of Palmer Petroleum Clive Palmer has announced 3D seismic surveys have identified a potential $US35 billion gas region off the coast of Papua New Guinea to rival Western Australia’s North West Shelf. Palmer said what could be one of the world’s largest offshore gas fields had been confi
Reliance, BP Hit Gas Offshore India
Reliance Industries Limited (RIL) and BP today announced a new gas condensate discovery off the east coast of India in the Cauvery basin. The discovery, in the deepwater block CY-DWN-2001/2 (CYD5), is situated 62 kilometers from the coast in the Cauvery Basin and is the second gas discovery in the b
KCA Deutag Wins $165 Mln Contracts Off Norway and Angola
International drilling contractor, KCA Deutag, has signed two significant contracts valued at over $165 million. The first contract is a new five year operations and maintenance programme for platforms offshore Angola with mutually agreeable options to extend the duration of this contract. KCA Deuta
Technip Wins EPCI Gig for Shell’s Stones Field
Technip was awarded by Shell Offshore Inc. (“Shell”) an important engineering, procurement and installation contract for the development of subsea infrastructure for the Stones field. This field is located in the Walker Ridge area in the US Gulf of Mexico, at a water depth of approximately 2,900 met
COSL Orders Two More Offshore Drilling Rigs (China)
After China Oilfield Services Limited, better known as COSL, earlier this week announced it bought two under-construction jack-up rigs, it seems that the company is expanding its rig fleet some more. According to ShinoShipNews, the company has awarded a construction contract for two offshore drillin