Fossil Energy
EMGS Extends Charter Period for Atlantic Guardian
Electromagnetic Geoservices ASA (EMGS) has entered into an agreement with North Sea Shipping to extend the charter hire period for the vessel Atlantic Guardian from 1 September 2013 to 1 March 2014. Furthermore, EMGS has agreed to charter the vessel for an additional period of at least two years, wi
GDF Suez Sells Share in Njord License to Core Energy (Norway)
GDF SUEZ E&P Norge AS has signed a contract with Core Energy selling a 12 % share in the Njord license, PL107, in the Norwegian Sea. It includes also the transfer of 12 % of the Noatun discovery, 3.67 % in the Kristin Gas Export Pipeline Joint Venture and 0.162 % in the NSGI Joint […]
Singapore’s Swissco Offshore Takes Delivery of New Crewboat
Incat Crowther has announced the launch of Swissco Cheetah, the first of a pair of 36m crewboats built by Cheoy Lee Shipyards of Hong Kong. Capable of carrying 50 tonnes of deck cargo, the 70-passenger vessel was delivered by Cheoy Lee’s Zhuhai shipyard to Singapore-based operator, Swissco Offshore,
Exxon Mobil Supports Oklahoma Tornado Victims
Exxon Mobil Corporation announced yesterday it will donate $500,000 to the American Red Cross to provide disaster relief assistance in response to the recent tornadoes in Oklahoma and the southwest United States. “We extend our heartfelt sympathies to all who have been impacted by the devastating to
Acteon Opens Offshore Marine Centre in Singapore
A custom-built service centre at the new Offshore Marine Centre in the Tuas industrial area of Singapore will boost Acteon operations and improve its customer service in South East Asia. Due to open in July 2013, the new $11 million, 10,000-m2 Acteon Singapore Operations Centre will support the offs
BAE Systems Starts Construction of PSV for Jackson Offshore
BAE Systems yesterday held a keel laying ceremony for the first of four platform supply vessels it’s building for Jackson Offshore Operators. The new vessels, which will support drilling operations in the Gulf of Mexico, reflect BAE Systems’ continued growth in U.S. commercial shipbuilding and its s
Chariot Gets Namibian Licence Extension
Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, today announces that the Ministry of Mines and Energy in Namibia has granted a one year extension for the First Renewal Phase on the Central Area Blocks, (Licence 19, covering Blocks 2312 A & B and Northern halv
AGR to Get $27 Mln for Drilling Services in Africa
Norway’s AGR Petroleum Services has signed a 160 million NOK ($27.6 mln) contract with Genel Energy to deliver well management services for Genel Energy’s North, West Africa offshore drilling campaign. Under the terms of the contract, AGR will provide full well management and related services, inclu
Nam Cheong Appoints New CEO (Malaysia)
Nam Cheong Limited Malaysia’s largest Offshore Support Vessel (“OSV”) builder, today announced the appointment of Leong Seng Keat as the Group’s Chief Executive Officer with immediate effect. He was Nam Cheong’s Executive Director, and the new appointment is in line with the Group’s strategy to stre
Saipem E&C Exceeds 50% of Its Contract Acquisition Target for 2013
Italy’s Saipem announces that it has already exceeded 50% of its new contract acquisition target for 2013 in the Engineering & Construction (E&C) Business Unit. The total value of new contracts acquired from January 2013 to date in the E&C Business Unit (some of which will be communicated in the nex
Two Contracts for Rowan Gorilla IV Rig
Rowan Companies plc, a U.S.-based drilling contractor specialising in high-specification jack-up rigs, today announced it has secured more work for its Gorilla IV rig in the U.S. Gulf of Mexico. In its fleet contract status update the company revealed that Walter Oil & Gas has awarded a six month co
EU Parliament Gives Nod for Stricter Offshore Drilling Rules
The European Parliament gave its green light on Tuesday to the new directive on the safety of offshore oil and gas operations. The new rules will require oil and gas firms to prove their ability to cover potential liabilities deriving from their operations and to submit major hazard reports and emer
Chevron Divesting Downstream Assets in Egypt and Pakistan
Chevron, a California-based oil and gas giant, is in talks with several companies to divest its downstream assets in Egypt and Pakistan, Reuters reports citing banking sources. The company is hoping to collect up to $300 million from the divestments. Three bids have been launched from interested par
Archer Employees Recognized at IADC Safety Awards (UK)
Employees from Archer, the global oilfield service provider, received a total of five awards at the International Association of Drilling Contractors (IADC) North Sea Chapter Safety Awards. The event took place at the Ardoe House Hotel, Aberdeen, on Friday 10th of May 2013. Archer won the coveted aw