Fossil Energy
Bilfinger Salamis Secures Work on Chevron’s North Sea Platforms
Bilfinger Salamis UK has been awarded a major contract by Chevron Upstream Europe (CUE) to provide a full range of fabric maintenance services on the company’s North Sea platforms. The flagship contract, with a potential value of approximately £50 million, runs for three years and has two additional
VIDEO: OTC 2013 Attendance Reaches 30-year High
Experts from the offshore energy industry around the world came together 6–9 May for the 2013 Offshore Technology Conference at Reliant Park in Houston. Attendance at the conference reached a 30-year high of 104,800, the second highest in show history and up 17% from last year. Attendance surpassed
Proserv Wins Subsea Sampling System Contract from BP Angola
Market-leading energy services company Proserv has won a multi-million dollar contract in Angola, underpinning the company’s fast-evolving subsea status and increasing demand for its sampling system innovations. Proserv is to design and manufacture a subsea sampling system for BP’s PSVM field develo
Karoon Finds More Oil at Bilby-1 Well (Brazil)
The potential size of Karoon Gas Australia Ltd’s Bilby-1 oil discovery offshore Brazil has been expanded with a proven oil column of 320 metres. This has been confirmed by pressure information and physical sampling of oil from the reservoirs. total of seven oil samples have now been recovered to the
Energy Secretary: Oil & Gas to Remain Vital Part of UK’s Energy Mix for Decades to Come
The Rt Hon Edward Davey MP, secretary of state for energy and climate change, yesterday addressed a London audience of 150 on how to best deliver a successful oil and gas industry and how government policy is put into practice here in the UK. The oil and gas industry is the single biggest industrial
Mubadala Extends Songa Venus Rig Contract (Vietnam)
Mubadala Petroleum has decided to further extend the Songa Venus rig contract to cover an additional two firm wells and two option wells in Vietnam under the current contract terms and conditions. The two additional wells have a total estimated duration of 80 days and corresponding revenue of approx
Faroe Petroleum Names New CFO (UK)
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, announces the appointment of Jonathan Cooper as Chief Financial Officer. Jonathan Cooper is a chartered accountant by tra
Tangiers Enters Farm-Out Agreement with CWH (Australia)
Tangiers Petroleum Limited has announced that its Board has approved the final terms of its Farm-Out Agreement with CWH Resources Limited (CWH) and Ansbachall Pty Limited (Ansbachall) covering two of Tangiers’ Australian exploration permits (the Farm-Out Agreement). Tangiers has also been informed t
Aker Solutions Bags $155 Mln Job on Husky Energy’s White Rose Field (Canada)
Aker Solutions has received a contract award notification for offshore engineering services to support Husky Energy’s activities at the offshore White Rose field in Canada. The scope of work includes studies, modifications (EPCI) and campaign maintenance services. The duration is five years with an
Floatel International: 1Q Net Income Drops (Sweden)
Floatel International Ltd (“Floatel”) presents its consolidated financial statements for the first quarter of the financial year 2013. Period highlights: · In January Statoil exercised a five months charter extension under the present contract for Floatel Superior. This charter extension will commen
Deep Driller 1 Rig Bound for Mexican Waters. Aban Offshore Shares Rise.
India’s Aban Offshore has secured a contract for its jack-up rig Deep Driller 1. The company’s shares rose 2.00% following the announcement. The rig will be deployed in Mexican waters on a 1115 days long contract. The company, without revealing the name of the client, has said that the estimated val
Petrobras Closes OTC 2013 with Subsea Technology Session
On Thursday, May 9, Petrobras ended its participation in the Offshore Technology Conference (OTC), in Houston (USA), with a technical session on subsea technology systems. In addition to the ongoing projects and those undergoing testing, the Company presented the outlook for this segment. The OTC is
CEO Leaves ABB for Private Reasons
ABB Chief Executive Officer Joe Hogan has decided to leave ABB for private reasons. A date for his departure has not yet been decided. Hogan will continue to lead ABB until a successor is announced. He is committed to a smooth transition. “Joe is a great and successful CEO and has done a remarkable
Petrobras Still a Male Company but Women Can Get to the Top, CEO Says
Women can get to the top. In order for this to happen, growth should be a step by step process, along with experience and personal and professional maturity. This was one of the opinions given by Petrobras CEO, Maria das Graças Silva Foster, during the event called “Wise: Women in the Industry Shari