Fossil Energy
VIDEO: Sail Away Ceremony for Asgard Subsea Template
Norwegian-state run oil and gas company Statoil on Tuesday informed that the 1800-tonne subsea template for the Åsgard subsea gas compression pioneering project was en route from the shipyard in Egersund to the Åsgard field in the Norwegian Sea. The installation, set to come on stream in 2015, will
Seadrill Orders Two Hi-Spec Jack-up Rigs in China
Seadrill Limited has entered into new contracts for the construction of two high specification jack-up drilling rigs at Dalian Shipbuilding Industry Offshore Co., Ltd. (DSIC Offshore) in China. The newbuild rigs are scheduled for delivery during the fourth quarter of 2015 and the first quarter of 20
Rowan Secures Contract for ‘Rowan Resolute’ Drillship. Sells ‘Rowan Paris’ Rig
The U.S. based drilling contractor Rowan Companies has entered into a three-year contract with Anadarko Petroleum Corporation. The drillship is expected to be delivered at the end of the second quarter 2014 and operate in the U.S. Gulf of Mexico starting in the late third quarter 2014. The Rowan Res
Lukoil Celebrates 5 Years Since 1st Oil Shipment from FOIROT Offshore Terminal
Russian private oil company LUKOIL has celebrated the fifth anniversary of its first bulk oil shipment through the Varandey oil terminal located near the Barents Sea coast in the Nenets Autonomous District. During this five-year period, 26.37 million tons of oil were shipped by 381 ice-class tankers
Shell Hires ‘Rem Fortress’ PSV
Rem Offshore ASA has entered into a contract with A/S Norske Shell for the PSV vessel “Rem Fortress”. The firm contract period is 18 months, with 6 x 1 months options. The vessel shall support A/S Norske Shell operations offshore on Draugen, Ormen Lange and other locations. The contract is expected
DNV to Conduct Software-version Control Audits on Maersk Jack-Up Rigs
DNV will carry out software-version control audits of key equipment, with a focus on software integrity, on the CJ70 jack-ups built at Keppel in Singapore during the commissioning of the units. The work is starting now and will continue until the units are delivered at the year-end. The contract inc
Hydrasun Awarded Equipment Supply Deal by Shell UK
Hydrasun, a leading specialist provider of integrated fluid transfer, power and control solutions to the global energy market, has secured a five-year contract with two, one year extension options, for the continued supply of Flexible Hose Assembly (FHA) and Small Bore Tubing (SBT) integrity managem
Piper 25 to Galvanise O&G Industry into Further Continuous Improvement
A major three-day conference to mark the 25th anniversary year of the Piper Alpha disaster has opened at Aberdeen Exhibition and Conference Centre on Tuesday 18 June. Organised by Oil & Gas UK, the event is aimed at bringing together people from across the global oil and gas industry to reflect on t
CNOOC Fixes Subsea Pipeline Near Zhuhai Terminal (China)
CNOOC Limited announced that the subsea natural gas pipeline of Zhuhai Terminal, leaked in December 2011, has been restored recently. The Zhuhai Terminal has also resumed normal production. The subsea natural gas pipeline of Zhuhai Terminal was found damaged with a leakage caused by external forces
Australia: Premier Barnett Pushes for James Price Point Gas Precinct Development
The Australian State Government will press ahead with the acquisition of the land for a gas precinct near James Price Point to encourage the development of nearby gas fields. Premier and State Development Minister Colin Barnett said the acquisition of the land was necessary to establish the precinct
SOCO: TGT-10X Well Spudded (Vietnam)
SOCO announces that the exploration well on the H5 fault block of the Te Giac Trang (“TGT”) field, the TGT-10X well, spudded on 20th June 2013. The well is located approximately six kilometres south of the H4 Well Head Platform, which is in the southern part of Block 16-1’s TGT Field in the Cuu Long
Oceaneering Hires ‘Normand Flower’ CSV
Solstad Offshore ASA (SOFF) has signed a new contract with Oceaneering International Inc for its offshore construction vessel (CSV) “Normand Flower” The duration of the contract is firm for 3 years with further 3 yearly options. The contract will begin immediately after completion of a present chart
Otto Energy Looking to Secure Suitable Rig for Galoc Exploration (Philippines)
Otto Energy Limited, as Operator of the producing Galoc oilfield Joint Venture offshore the Philippines, provides the following update on studies that have recently been undertaken on the further exploration potential at the Galoc field. Studies undertaken since new high resolution 3D seismic data w
Det Norske Raises $328 Mln via Bond Issue (Norway)
Norwegian private oil company Det norske today announced it has successfully completed bond issuance, with a placement of NOK 1,900 million (approximately USD 328 million). “This is the second time Det norske successfully taps into the high-yield bond market. With respect to volume this latest issue