Fossil Energy
Niko Drills Duster Offshore Indonesia. Spuds Elit-1 Well
Canadian oil and gas exploration company Niko Resources has announced that it has abandoned the Elang-1 exploration well offshore Indonesia. The well, located in the Cendrawasih PSC offshore Papua province in eastern Indonesia, has been drilled in a water depth of 5,033 feet to a total depth of 15,8
‘Ramco Crusader’ OSV Sinks Off Brazil
Brazil’s national oil company Petrobras has informed that the Ramco Crusader offshore support vessel sank Monday night, offshore Brazil. The vessel, owned by Vestland Marine, was working for Petrobras, supporting drilling activities in the Potiguar basin, when a fire outbreak happened in the engine
U.S. Offshore Drilling Safety Regulator Gets New Director
U.S. Secretary of the Interior Sally Jewell yesterday named former Vice Admiral Brian Salerno as the Director of the Bureau of Safety and Environmental Enforcement (BSEE), which provides federal oversight for oil and gas operations on the Outer Continental Shelf. Salerno, who retired from the U.S. C
EMAS AMC Extends ‘BOA Deep C’ Contract
Singapore’s EMAS AMC has extended the contract for the BOA Deep C offshore construction vessel. The vessel, owned by Boa OCV AS, will stay with EMAS AMC for another 60 days. The vessel has been working for EMAS since 2008. After the completion of the contract the vessel will complete its scheduled c
Solstad Sells ‘Normand Clough’ CSV to SapuraClough
Solstad Offshore, a Norway-based owner of offshore support vessels, has sold the ‘Normand Clough’ subsea support vessel to SapuraClough in Australia.
Statoil Makes Small Oil Discovery in Norwegian Sea
Norway’s Statoil , operator for production licence 159 C, is in the process of completing drilling of the wildcat well 6507/3-10. The well was drilled about 12 km south of the Norne field in the Norwegian Sea. The purpose of the well was to prove petroleum in reservoir rocks of the Middle and Early
Huisman Opens Norwegian Base
Huisman, the worldwide specialist in lifting, drilling and subsea solutions, has recently opened up a new office in Bergen, Norway: Huisman Norge AS. The new representational office is a 100% subsidiary of Huisman and is set up to meet the increasing demand within the Norwegian offshore market. This
Bibby Offshore Hires ‘Mermaid Endurer’ DSV
DSV Mermaid Endurer secures contract award from Bibby Offshore with estimated value of USD 30 million; fulfills strategy of re-entry into the North Sea
Awilco Drilling 2Q Profit at $29.4 Million
Awilco Drilling PLC, a UK-based drilling contractor, today reported contract revenue of USD 59.5 million in Q2 2013 (USD 53.4 million in Q1), EBITDA of USD 38.6 million (USD 33.9 million in Q1) and net profit of USD 29.4 million (USD 24.7 million in Q1). Contract backlog at the end of Q2 was approxi
Statoil Gets Permission to Drill in PL 050 ES (Noreay)
The Norwegian Petroleum Directorate has granted Statoil ASA a drilling permit for wellbores 34/10-54 S and 34/10-54 A, in the Norwegian part of the North Sea, near the Gullfaks field. Wellbores 34/10-54 S and 34/10-54 A will be drilled from the Transocean Leader drilling facility at position 61º 07`
Drill Bit Specialist ‘BlueFire’ Opens Research Lab Near Houston
BlueFire Equipment Corporation disclosed today that it has established its new research lab in Houston area. The high-tech space consists of a fully equipped lab for its dynamic research and development component, and will house BlueFire’s corporate headquarters. According to the American Petroleum
Seaway Heavy Lifting to Support Shell’s Offshore Ops
Seaway Heavy Lifting has signed an Enterprise Framework Agreement with Shell Global Solutions B.V., in the category of Offshore Installation. The contract duration is 5 years and covers the engineering, project management and offshore installation of fixed and floating facilities. The Agreement may
Reach Subsea, Calecore Work Together On Board ‘Bourbon Emerald’
Reach Subsea ASA announced today the award of a contract from Calecore as suppliers under an existing agreement with a Norwegian oil company. The contract is for the operation of the MPSV Bourbon Emerald on a day rate basis for around 34 days with operations starting in August 2013. The Reach work s
Swiber 1H Profit Climbs (Singapore)
Swiber Holdings Limited , a Singapore-based integrated construction and support services provider to the offshore oil and gas industry, today reported that net profit in the half year ended June 30, 2013 (“HY2013”) rose 11.8% to US$37.4 million from US$33.5 million in the half year ended June 30, 20