Fossil Energy
BG to Use AGR’s RMR and CTS Solutions for Knarr Development (Norway)
BG Group has signed an agreement with technology provider AGR Enhanced Drilling for Riserless Mud Recovery services (RMR®) and the firm’s Cuttings Transport System (CTS®). These solutions will be used on a multi-well drilling campaign on the Knarr Field, located in the Norwegian North Sea. Enhanced
Aker Solutions Secures $440 Mln Subsea Contract in UK
Norwegian oilfield services provider Aker Solutions has won a contract worth up to USD 440 million (approximately NOK 2.7 billion) to deliver the subsea production system for an oil field development in the UK North Sea. The delivery includes 25 subsea trees and six template manifolds. It also encom
Top News of The Week June 24 – 29, 2013
Atwood Places Order for 4th Drillship in South Korea SapuraKencana Nets $2.7 Bln PLSV Contract in Brazil GALLERY: Damen Introduces New Arctic Offshore Support Vessel Design Trans Adriatic Pipeline Selected for Shah Deniz Gas Transport Total Splashes More Cash on Egina. Awards Saipem $3Bln Co
Duart Field Restart Delayed for 2014 (UK)
Bridge Energy, the Oslo Børs and AIM listed oil and gas exploration and production company has provided an update on the scheduled restart of production from the Duart field, which is located in the UK North Sea and in which Bridge holds a 50% working interest. As announced by the Company in Septemb
IHC to Build $800 Mln PLSVs for Seadrill, SapuraKencana
After it was yesterday announced that Brazilian oil giant Petrobras had awarded a $2.7 billion contract to charter and operate three Pipe Laying Support Vessels to SNM, the Joint Venture company owned by Seadrill and SapuraKencana, Seadrill today confirmed the deal and revealed the name of the shipb
RY Offshore Buys ROV Support Vessel from Otto Marine
Singapore’s Otto Marine today informed that its shipyard has sold a Multi-purpose Field Support and ROV Support Vessel to RY Offshore Limited for an aggregate consideration of approximately US$50 million. Upon completion of the sale, RY Offshore will charter the vessel to Go Marine Group Pty Ltd. Th
GALLERY: World Wide Supply Takes Delivery of Damen-Built PSV
The first deliveries from Damen Shipyards Group’s extensive new offshore portfolio open the way to the realisation of the global group’s strategic ambition to challenge comfortable preconceptions on how best to source high performance ships in this specialised market.
Edison’s Claims Against INA Rejected (Croatia)
In the arbitration procedure initiated by Italian oil and gas exploration company Edison International against Croatian oil company INA, d.d., related to the Production Sharing Agreement in the Contract Area of the Republic of Croatia Offshore Adriatic Sea Izabela and Iris/Iva blocks, the Arbitral T
Ulstein Delivers ‘Blue Guardian’ PSV
Norwegian shipbuilding and design group Ulstein has today delivered the platform supply vessel ‘Blue Guardian’ was delivered to Blue Ship Invest. The vessel is contracted to work in the North Sea. ‘Blue Guardian’ is the fifth in a series of six platform supply vessels (PSV) of the PX121 design from
Wood Mackenzie: Azerbaijan Needs More Offshore Rigs
Wood Mackenzie, a global energy and mining research and consultancy group, today praised the BP-led Shah Deniz consortium’s decision to transport Caspian Sea gas through the Trans Adriatic Pipeline to the heart of Europe. Still, Wood Mackenzie added that Azerbaijan could be facing difficulties when
NPD: Discovery Rate Below Average in the First Six Months 2013 (Norway)
The Norwegian Petroleum Directorate has announced that far this year, 28 exploration wells have been spudded on the Norwegian shelf. Of these, 19 were wildcat wells and nine were appraisal wells. Eight discoveries were made; six in the North Sea and two in the Norwegian Sea. “The past six months hav
New Legislation Ends Exploitation of Guest Offshore Workers in Australia
The Maritime Union of Australia today welcomed the passage of legislation that puts in place a critical fix to a serious gap in the Migration Act.
Nido Enters Three Blocks Offshore Indonesia
Nido Petroleum Limited has executed three separate Farm-in Agreements with Lundin Petroleum B.V. to participate in the Gurita, Baronang and Cakalang PSCs located in the Penyu and West Natuna basins, offshore in the Republic of Indonesia. Under the terms of the Baronang and Gurita Farm-in Agreements,
UK Energy Secretary: Forties Alpha Platform an Example of British Excellence
Edward Davey, Secretary of State for Energy and Climate Change earlier this week sent a letter to OGN Group complimenting the company for successfully completing the construction of the Forties Alpha Satellite Platform. Davey said in the letter: “I would like to congratulate you on the successful ex