Fossil Energy
Ezra Nets $505 Million Worth of Contracts
Ezra Holdings Limited , a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, today announced that its Subsea Services (EMAS AMC) and Offshore Support Services (EMAS Marine) divisions have been awarded projects worth approximately US$50
Statoil Receives Clearance to Use ‘Borgland Dolphin’ at Vega Sør
Statoil Petroleum AS (Statoil) has received consent to use the Borgland Dolphin semi-submersible drilling rig for plugging and facilitation of sidetrack drilling at well 35/11-R-12 H Vega Sør. Well 35/11-R-12 H Vega Sør is part of production licence 090C in the northern part of the North Sea, and is
EOC Profit for 3Q 2013 Improves Despite Revenue Reduction
EOC Limited, a global offshore contractor and provider of integrated offshore solutions to the oil and gas industry, announced their revenues for 3Q FY2013. The Company reported revenues of USD 12.3 million, a decrease of 36% or USD 7.0 million from USD 19.3 million in 3Q FY2012. The decrease was du
Seadrill ‘West Freedom’ Jack-Up Rig to Drill in Venezuela for Eni, Repsol
Seadrill Limited (“Seadrill“) has secured a new contract for the LT-Super 116E jack-up rig West Freedom offshore Venezuela with Cardon IV Venezuela, an ENI SpA and REPSOL joint venture. The contract is for a firm period of 30 months plus an option for a 6 month extension at mutually agreed rates. Th
Polish Yard to Build Its First OSVs Powered by LNG
Polish shipyard Remontowa Shipbuilding has received an order to construct two offshore support vessels for, what they described as, “one of the biggest Norwegian offshore fleet owners.” The yard said in a statement that the value of the order was approximately 100 million euro, and that the vessels
LUKOIL Assembles Supporting Blocks for Caspian Sea Platform
LUKOIL has launched assembly of supporting blocks for the ice-resistant stationary platform located at Vladimir Filanovsky field in the Caspian Sea. The supporting blocks will be attached to the seabed by means of twenty piles, each with a diameter of more than 2 meters. The piles will be hammered i
ERT Working to Kill Gas Leaking Well in U.S. Gulf of Mexico
The Bureau of Safety and Environmental Enforcement (BSEE) is continuing to oversee Energy Resource Technology, LLC’s (ERT) source control efforts to stop the flow of gas and kill the well at Ship Shoal Block 225 Platform B, located approximately 74 miles offshore Louisiana, southwest of Port Fourcho
KrisEnergy Hits Net Gas Pay at Tayum Well (Indonesia)
KrisEnergy Ltd, an independent upstream oil and gas company, announces it has completed drilling of the Tayum-1 exploration well in the Kutai production sharing contract (“PSC”) offshore Kalimantan in the Makassar Strait, Indonesia. KrisEnergy is the operator of the Kutai PSC. Tayum-1, located appro
Premier, KUFPEC Acquire Interest in Bream Field (Norway)
Premier Oil has announced that, in conjunction with KUFPEC Norway AS (KUFPEC), it has agreed to acquire a 40 per cent interest in PL407 from BG Norge AS (BG). PL407 contains the Bream field and is on the Norwegian Continental Shelf. KUFPEC will acquire a 30 per cent interest while Premier will incre
Grandweld Delivers Two Crew Boats for Offshore Transport
Grandweld Shipyards has completed the delivery of two 33.5m Aluminum crew boats for Fujairah National Group. FNSA 1 and FNSA 2, sister vessels of the 33.5m class boats, are an optimized version of the successful in-house design that is built to assist in fast transfer of offshore personnel, deck car
Delivery Date Confirmed for ‘Cecon Pride’ OCV
Cecon has announced that that the ramp-up and progress at Chantier Davie Canada Inc. for completion of Cecon’s first of three SURF sister vessels is now well underway. The yard has confirmed delivery of the first vessel “Cecon Pride” to take place during week 8/2014 as per the contract. The sea tria
Vantage Drilling Raising Cash to Pay for ‘Cobalt Explorer’ Drillship
Vantage Drilling Company has announced that it proposes to offer $75 million aggregate principal amount of convertible senior notes due 2043, subject to market conditions and other factors. The company said that the notes are to be offered and sold only to qualified institutional buyers pursuant to
Bridge Energy Hires ‘Blackford Dolphin’ Semi (UK)
Bridge, the Oslo Børs and AIM listed oil and gas exploration and production company, has announced that, along with its partners in the Licence, it has entered into a contract with Dolphin Drilling Limited to secure a drilling slot with the Blackford Dolphin semi-submersible rig. This rig will targe
Statoil Spuds ‘Cliffhanger’ Well in North Sea (Norway)
Statoil has kicked off drilling of exploration well 16/2-18S in PL265, west of Johan Sverdrup field, in the Norwegian part of the North Sea. The well will target the Cliffhanger North prospect, located in the North Sea sector of the Norwegian Continental Shelf (NCS). The well is located in PL265 wes