Fossil Energy
Vector Delivers MWCS Project Solutions (USA)
Vector Technology Group Subsea Division last delivered its solutions for the Marine Well Containment System Project in the Gulf of Mexico. The scope of supply was to design, manufacture, assemble and test two safety systems to connect two free standing risers at the top and bottom locations that cou
Estaleiros do Brasil Clinches FPSO Topsides EPCI from Petrobras
Estaleiros do Brasil Ltda. (EBR), a jointly owned Brazilian company by Toyo Engineering Corporation and SOG – Óleo e Gás S.A. (SOG), a Brazilian engineering company, has been awarded an Engineering, Procurement, Construction and Installation (EPCI) contract to install topsides units for an FPSO. The
Songa Offshore Names New CEO
Songa Offshore SE, a Cyprus-headquartered offshore drilling contractor, has appointed Bjørnar Iversen as new CEO of Songa Offshore SE, effective as of June 1st. Iversen will relocate to Limassol and take up the position only weeks after he joined the company as president of Songa Rig AS. “Sometimes
Ithaca Energy Divesting North Sea Interest to Reduce Exploration Expenditure
Ithaca Energy Inc. announces the execution of a farm-out transaction with Shell UK Limited in respect of the UK exploration assets acquired pursuant to the acquisition of Valiant Petroleum plc (“Valiant”), completed on 19 April 2013 (the “Acquisition”). Since the announcement of the Acquisition, the
Transocean’s Chairman Announces Retirement Plans
Transocean Ltd., one of the world’s largest offshore drilling contractors, today announced that J. Michael Talbert has advised the Board of Directors that, if re-elected at the company’s upcoming Annual General Meeting (“AGM”) on May 17, he will retire from the Board no later than the company’s 2014
WorleyParsons Bags $90 Mln Job Offshore Qatar
Maersk Oil Qatar A/S (Maersk Oil) has awarded WorleyParsons Qatar WLL a four year “General Design Contract” to conduct engineering design modifications and material definition for works associated with the Al Shaheen offshore oil production facilities operated by Maersk Oil in Qatar. The Al Shaheen
Vroon Expands Fleet with ‘VOS Prudence’ PSV
Vroon Offshore Services (VOS) have taken delivery of a new addition to their offshore fleet. VOS Prudence, a platform-supply (PSV) vessel, is the first of two 75-m PSV vessels built at Fujian Southeast Shipyard in China. The vessel was delivered Friday, May 10, 2013, in China and will be operated in
Nam Cheong Sells Five Offshore Vessels for $110 Mln (Malaysia)
Nam Cheong Limited, Malaysia’s largest Offshore Support Vessel (“OSV”) builder, today announced that it has sold five vessels worth a total of US$110 million. One 12,000 brake horsepower (“bhp”) Anchor Handling Towing Supply (“AHTS”) vessel was sold to a new customer, an emerging offshore marine ser
Top News of the Week May 6 – 11, 2013
Shell Bringing In GoM’s Second FPSO. Makes Stones FID (USA) Royal Dutch Shell plc made a final investment decision in the Stones ultra-deepwater project, a Gulf of Mexico oil and gas development expected to host the deepest production facility in the world. Karoon Finds More Oil at Bilby-1 Well (B
Talisman Begins Frode Drilling (Norway)
Canada’s oil and gas exploration an production company Talisman Energy has kicked off drilling at the Frode prospect in the Norwegian sector of the North Sea. The well, which is situated in the production licence 299, approximately 16 km south-east of the Gyda field, was spudded on Friday, as announ
Vantage Reveals LoA for New Drillship. Reports Net Loss for 1Q
Vantage Drilling Company has reported a net loss for the three months ended March 31, 2013 of $24.9 million or ($0.08) per diluted share excluding approximately $98.3 million of charges for the early retirement of debt as compared to a net loss of $1.2 million or ($0.00) per diluted share for the th
Dyna-Mac Receives Two Orders for FPSO Topsides
Singapore’s Dyna-Mac Holdings Ltd has secured two new FPSO topside module orders. The value of the orders is estimated at S$40 million (USD 32 Million). The company did not reveal the names of the clients but said:“The new orders are from two of our regular clients for the fabrication of several uni
Statoil Receives Approval to Use Floatel Superior on Kvitebjørn
Statoil has received consent to use the Floatel Superior mobile living quarters facility on the Kvitebjørn gas and condensate field lies in block 34/11, east of Gullfaks in the Norwegian North Sea. The field is developed with a living quarters, drilling and process facility on a steel jacket resting
BSEE, Coast Team Up to Improve Offshore Safety (USA)
Bureau of Safety and Environmental Enforcement (BSEE) Director James Watson and U.S. Coast Guard Rear Admiral Joseph Servidio announced yesterday at the Offshore Technology Conference in Houston, Texas a new Memorandum of Agreement (MOA) that will strengthen the working relationship between their tw