Fossil Energy
NZOG Buys Into Clipper Licence
New Zealand Oil & Gas has acquired a 50 per cent interest in PEP 52717 (Clipper) from Beach Petroleum (NZ) Pty Ltd, a subsidiary of ASX-listed Beach Energy. New Zealand Oil & Gas will become the operator of the permit, which is off the Canterbury coast in New Zealand. The partners have committed to
Modus Buys New ROV
Modus Seabed Intervention, the leading subsea engineering and specialist Unmanned Underwater Vehicle (UUV) service provider, has confirmed an investment into a new advanced Remotely Operated Vehicle (ROV) to further enhance its fleet of subsea vehicles. Manufactured by SMD in North East England, the
Australia: New Law to Better Protect Offshore Workers
Yesterday the Australian Parliament passed a landmark law to better protect Australian offshore workers and Australia’s pristine marine environment. In passing the Offshore Petroleum and Greenhouse Gas Storage Amendment (Compliance Measures No.2) Bill 2013, the Senate has strengthened Australia’s of
TWMA Lands Its First Offshore Processing Project in West Africa
TWMA, a leader in integrated drilling waste management and environmental solutions, has secured its first offshore processing project in West Africa. The 400-day contract is to supply TWMA’s industry-leading offshore processing services to support Glencore Exploration Cameroon Ltd’s (Glencore) West
ROV Comes to Life (VIDEO)
If you thought the Transformers are all about turning cars into robots, think again
Songa Offshore Puts Challenging Period Behind, CEO Says
Songa Offshore SE, a Cyprius-headquartered offshore drilling contractor, has today reported operating revenue for the first quarter 2013 of USD 124.8 million, and a profit of USD 9,4 million. “The results show that we have now definitely put a challenging period behind us. I am proud and happy to ha
DOF Subsea Secures Several Contracts in Asia Pacific
DOF Subsea, a subsidiary of DOF ASA, has secured multiple contract awards in the Asia Pacific region over the last couple of weeks, with a total contract value of about USD 50 million. The contracts will utilize the vessels Skandi Singapore, Skandi Hercules and Skandi Hawk. CEO Mons S. Aase said it
Premier Scores Hat-Trick of Blocks Off Brazil
Premier, a UK-based independent oil and gas exploration company, has been awarded three blocks in Brazil’s 11th Round held in Rio de Janeiro on 14 May. The blocks are located in deep water basins offshore North East Brazil in largely under-explored areas and contain prospects and leads capable of de
MacGregor to Deliver AHC Crane for Toisa Offshore Construction Vessel
Cargotec’s MacGregor has received EUR 22 million order to deliver a 900-tonne active heave-compensated (AHC) MacGregor subsea crane to the South Korean shipyard, Hyundai Heavy Industries Co Ltd. The crane will be installed on a 150m multi-purpose offshore construction vessel (MOCV) ordered by Sealio
Transocean Secures Aussie Job for Deepwater Millennium Drillship
Transocean, a Switzerland-based offshore drilling contractor, has revealed it has secured a two-year drilling contract for one of its drillships. The drillship, known as the Deepwater Millennium, has been hired by an undisclosed client to operate in Australian waters, at a dayrate of $605,000. Accor
Bourbon Expands Offer in the Caribbean
A flourishing fleet, a wide variety of assignments and the arrival of next generation personnel transport vessels: BOURBON continues to expand with success in the promising Antilles-Guyana area. In April 2009, an oil company called upon BOURBON to transport its personnel to the platforms it managed
Fredriksen Enters SapuraKencana Boardroom (Malaysia)
John Fredriksen, a Norwegian-born Cypriot oil tanker and shipping tycoon, has been appointed Non Independent & Non Executive Director at Malaysia’s oil and gas services and solutions provider SapuraKencana. Fredriksen has served as Chairman of the Board, President and a Director of Seadrill Limited
Pemex Awards Cal Dive $188 Mln Worth of Offshore Contracts (Mexico)
Cal Dive International, Inc. has been awarded two additional contracts from Pemex Exploración y Producción that are expected to generate combined total revenues of approximately $188 million. The first contract is for the procurement, installation and commissioning of 47 kilometers of 20 inch subsea
OGX Delighted with Results of Brazilian Licensing Round
OGX Petróleo e Gás Participações S.A. OGXPY.PK), the Brazilian oil and gas company, owned by Eike Batista, has acquired a working interest in 7 deep-water and 2 shallow-water blocks situated in the Equatorial Margin and 4 onshore blocks situated in the Parnaíba Basin during the 11th Exploration Lice