Fossil Energy
BSEE, Coast Guard Pen MOA for Mobile Offshore Drilling Units Regulation
Bureau of Safety and Environmental Enforcement (BSEE) Director James Watson and U.S. Coast Guard Rear Admiral Joseph Servidio yesterday signed a Memorandum of Agreement (MOA) for regulating mobile offshore drilling units (MODU) on the Outer Continental Shelf (OCS). Through this agreement, both BSEE
Vietnam: Gas & Condensate Discovery Confirmed
Idemitsu Oil & Gas Co., Ltd. , JX Nippon Oil & Gas Exploration Corporation and Teikoku Oil (Con Son) Co., Ltd. have jointly announced a confirmation of gas and condensate at the third well in the Blocks 05-1b and 05-1c southern offshore Vietnam. The Blocks 05-1b and 05-1c are located 300 km southeas
Technip Wins Julia Development Contract (USA)
Technip, a France-based provider of oilfield services, has been awarded a lump-sum contract by Exxon Mobil Corporation for the development of the Julia field. Technip has described the contract as a “substantial” one. For Technip, a “substantial” subsea contract is ranging from €100 to €250 million.
Eni Uses Intergraph for Goliat Development in Norway
Eni Norge relies on Intergraph® SmartPlant® Enterprise solutions for owner operators for one of the most challenging projects in the Barents Sea, a marginal sea of the Arctic Ocean, located north of Norway and Russia. Goliat is the first oil field to be developed in the Barents Sea, and therefore se
Pacific Drilling Raises Cash to Pay for Pacific Zonda Drillship Construction
Pacific Drilling, a Luxembourg-based offshore drilling contractor, announced today the closing of three financing transactions totaling $2 billion. The transactions included an offering of $750 million in 5.375% senior secured notes due 2020, a $750 million senior secured term loan with 2018 maturit
Almaco Awarded ‘Floatel Endurance’ Job
ALMACO Group was awarded a new building contract from Singapore’s Keppel FELS for Modular Cabins and Public Spaces on board Floatel International’s Floatel Endurance. The scope includes four accommodation decks and three public area decks, with a total of 440 single-bed, NORSOK-compliant modular cab
Anadarko Orders Subsea Systems for Heidelberg Field (USA)
FMC Technologies, Inc. announced today that it has received orders from Anadarko Petroleum Corporation (NYSE: APC) for subsea equipment for its Heidelberg field. The Heidelberg field is located in the Green Canyon section of the Gulf of Mexico in 5,310 feet (1,618 meters) of water. FMC Technologies’
Farstad Takes Delivery of ‘Far Statesman’ OSV
Farstad Shipping, a Norway-based owner of offshore support vessels, today announced it has taken delivery of Far Statesman offshore service vessel from Vard Langsten. As previously announced, Farstad has sold the vessel to Ocean Yield AS and leased it back on a 12 year bareboat charter. The agreemen
ABB to Propel Sigma Drilling’s Drillship
ABB, the leading power and automation technology group, has secured a landmark offshore marine industry contract covering electrical power and propulsion systems onboard a DP class 3 Drill Ship to be conferred with ‘Enhanced Reliability’ and DYNPOS AUTRO notation from Det Norske Veritas(DNV). The co
GE Powers Hornbeck Offshore’s MPSVs
GE’s Power Conversion business announced today it has been awarded a contract by the Eastern Shipbuilding Group in Panama City, Fla., to supply integrated diesel-electric power, propulsion and vessel control systems for two multipurpose supply vessels (MPSVs) with installed horsepower of 12,070 BHP
Xodus to Design Subsea Pipelines for Middle East
International energy consultancy Xodus Group has secured two contracts from Abu Dhabi based Valentine Maritime (Gulf) L.L.C. The first project is for the design of new subsea pipelines in the Arabian Gulf. This will be the Xodus Group’s first subsea project from its rapidly growing team in Dubai, Un
Foster Wheeler Enters Mexican Market with NorthAm Acquisition
Foster Wheeler AG announced today that it has acquired NorthAm Engineering S.A. DE CV (“NorthAm”), a privately held engineering company located in Monterrey, Mexico. “The acquisition of NorthAm is part of our stated strategy to grow our upstream capabilities and the geographic footprint of our Globa
Nor-Shipping: ‘Seven Viking’ Wins ‘Ship of the Year 2013’ Award (VIDEO)
The next generation Inspection, Maintenance and Repair (IMR) vessel ‘Seven Viking’, designed and built by ULSTEIN, was announced ‘Ship of the Year 2013’ by the maritime magazine ‘Skipsrevyen’ at Nor-Shipping on 4 June 2013. “This award is testimony to the result of the collective efforts of Eidesvik
Seadrill’s T-16 Tender Rig Ready for Chevron Contract in Thailand
Seadrill, one of the world’s largest drilling contractors has taken delivery of the T-16 tender rig from the China’s COSCO Nantong shipyard. The T-16 rig will, this month, start contract with Chevron in the Gulf of Thailand. The rig, capable of operating in water depths of up to 6,500 feet will stay