Fossil Energy
VIDEO: ‘Overdrill’ Drillship Design by Fincantieri and Aker Solutions
Fincantieri, one of the world’s largest shipbuilders, has launched a video showing its drillship design: The Overdrill. The vessel is the next generation drillship which will enable the drilling contractors to drill to a maximum depth of 50.000 feet. The design has been developed by joint effort of
Statoil: Oil Demand to Peak Around 2030. Natural Gas Fuel of the Future
Statoil today launches its “Energy Perspectives” report describing the long-term macroeconomic and market outlook based on studies conducted by Statoil’s in-house analysis team. Highlights: Economic development continues to drive energy demand Increase in demand expected for all energy sources – but
New Chairman of Neptune Marine Services Appointed (Australia)
The Board of Neptune announced that Boon Wee Kuah will be Chairman of Neptune Marine Services Limited effective from 14 June 2013. Kuah joined the Board of Neptune on 16 March 2011 and will replace Peter Wallace as Chairman, who will remain as a Non-Executive Director of Neptune. Kuah is a qualified
Japanese Invest in Estaleiro Atlantico Sul (Brazil)
JGC Corporation has announced that along with IHI Corporation and Japan Marine United Corporation (JMU), it has finalized plans to invest in Estaleiro Atlantico Sul S.A. (EAS), one of Brazil’s largest shipbuilding companies, headquartered in the state of Pernambuco. JGC, IHI, and JMU will set up a s
Oil Spill Response Limited Opens New Base in Singapore
Oil Spill Response Limited (OSRL), the global oil spill response cooperative funded by more than 160 environmentally responsible oil and energy companies, announced the opening of a new base with enhanced response capabilities at Loyang in Singapore yesterday. The opening of the base is a milestone
Russia’s LUKOIL Awarded Two Licenses in the Barents Sea
Based on the results of the 22nd licensing round conducted by the Norwegian Ministry of Oil and Energy, Russian oil company LUKOIL was awarded two licenses in the Norwegian sector of the Barents Sea. These licenses are: – Block 719 (Fingerdjupet Region) with LUKOIL holding a 30% interest, Centrica –
EPC Offshore Helps Total E&P UK Develop Edradour Discovery
Project management and development engineering specialist EPC Offshore has signed an agreement with Total E&P UK Ltd (TEP UK) to provide support services at its natural gas and condensate discovery in the Atlantic. Edradour, located in Block 206/4 of the UK Continental Shelf, is expected to start pu
Nido Delays Philippines Drill Date
Nido Petroleum Limited has annonuced that its wholly owned subsidiary, Nido Petroleum Philippines Pty Ltd, has secured a 6 month extension from its Joint Venture partner in Service Contract 58, PNOC Exploration Corporation, to defer the ‘election to drill date’ under its farmin agreement from 30 Jun
Oil & Gas Industry of Tomorrow Needs Visionary Leadership
Global oil and gas leaders believe there could be dramatic changes in the structure of relationships within the industry – according to a new report conducted by Robert Gordon University and sponsored by Dana Petroleum with launch support from PwC. The new research conducted by RGU’s Aberdeen Busine
Maintenance Shutdown for Offshore FA Platform (South Africa)
In an effort to improve efficiency, National Oil Company PetroSA will suspend operations at its Mossel Bay facilities for 37 days later this year for a planned statutory maintenance shutdown. The maintenance shutdown, which will start on 22 September, will affect the Mossel Bay Gas-To-Liquids (GTL)
BP Statistical Review of World Energy 2013: Record US Oil Output in 2012
The BP Statistical Review of World Energy 2013 – the 62nd annual report – is launched today, revealing that 2012 had the largest single-year increase in US oil production ever recorded, and new evidence of the flexibility of the world’s energy system in meeting rapid global change. The US recorded t
Rosneft Enters Norway’s Barents Sea with Stake in PL 713
Following the results of the 22nd Licensing Round announced by the Norwegian Ministry of Petroleum and Energy, RN Nordic Oil AS, a 100% indirect subsidiary of Rosneft, has been granted the award of a 20% participating interest in the license PL713 covering the area of 1,213 sq. km. License PL713 con
‘Polar Duchess’ Carry Out to 3,500km2 Seismic Survey (Norway)
Dolphin Geophysical’s high-end 3D seismic vessel, the Polar Duchess, will start acquisition of new UtStord Multi-Client Survey in the Norwegian North Sea. The 3,500km2 survey is highly prefunded by industry and will commence around June 14th. Acquisition is scheduled to take approximately 3-4 months
Reuters: “Nigerian cook survives two days under sea in shipwreck air bubble”
After two days trapped in freezing cold water and breathing from an air bubble in an upturned tugboat under the ocean, Harrison Okene was sure he was going to die. Then a torch light pierced the darkness.