Fossil Energy
PGS Orders Two Ramform Titans from Mitsubishi (Japan)
Japan’s Mitsubishi Heavy Industries, Ltd. (MHI) has received an order for two vessels capable of three-dimensional (3D) seismic data acquisition for sea bottom resource exploration from Petroleum Geo-Services ASA (PGS), a leading company in marine seismic and reservoir data acquisition, processing a
Fugro GeoServices Makes Management Changes
Fugro GeoServices announced several recent promotions within the company, including two key management appointments: Ted Hampton, president, and Adam Jackson, senior vice president. Hampton is a licensed geologist and former vice president of the company. He replaces longtime leader Tom Hamilton, wh
Hurricane Hires Rig for Lancaster Appraisal Well (UK)
Hurricane Energy plc has taken assignment of a rig contract between Transocean and ATP for the provision of the GSF Arctic III semi-submersible drilling rig, for a one well slot, to be utilised in drilling and testing the Company’s Lancaster basement oil discovery, located 60 miles West of Shetland.
Quest: Increased Deepwater Activity Boosts Global Offshore Fabrication
Over the next five years, Quest expects an 88% growth in floating production system (FPS) award levels illustrating a strong resurgence of investment in high-capital, major deep water developments. This growth coupled with current high levels of offshore rig construction will buoy oil & gas related
Update: Aibel Reveals Name of Worker Killed in Yard Accident
After it was earlier today reported that a person has died at Aibel’s Haugesund yard, the company has released the following press release. “26 year old Solberg Andersen worked in Solutions & Services in Haugesund. He has been with the company since 2006, and was residing in Haugesund. Employees who
Spectrum Kicks Off Another Seismic Sweep Offshore Lebanon
Spectrum has announced the start of another Multi-Client 3D survey in the Levantine Basin offshore Lebanon. The survey is approximately 2,200 square kilometer in size and the acquisition will be carried out by Polarcus using its 12-streamer vessel ‘Adira’. The survey is directly North of Spectrum’s
UK Government Approves Cladhan Field Development Plan
TAQA today announced that the development plan for its Cladhan field (Blocks 210/29a and 210/30a of the northern North Sea) has been approved by the UK government. The initial phase of development will consist of two producer wells and one injection well. Cladhan is expected to produce over 17,000 b
Technip’s ROV Project Wins Zero LTI Certificate from Petrobras (Brazil)
Technip’s ROV Project in Brazil received the “Zero Lost Time Injuries” certificate from Petrobras, for the excellent HSE performance of robots operating from the client’s platforms, the company announced on its Facebook page. The project team is composed of 130 employees, responsible for operating 1
ABB Achieves “Satisfactory Start to 2013”
ABB today reported its first-quarter 2013 results, highlighting revenue growth and improved operational profitability despite a weak business environment. “Given the continued uncertainties in the global economy, this is a satisfactory start to 2013,” said ABB Chief Executive Officer Joe Hogan. “We
Excelerate Energy to Place FSRU in the Black Sea (Ukraine)
American LNG solutions company Excelerate Energy will place a floating storage and regasification unit (FSRU) in the Black Sea near the southern Ukrainian city of Odesa. Such is the outcome of the agreement signed between the company and the Ukrainian state enterprise LNG Terminal National Project,
Oceaneering’s Net Income Rises (USA)
Oceaneering International, Inc. reported record first quarter earnings for the period ended March 31, 2013. On revenue of $718.6 million, Oceaneering generated net income of $74.8 million, or $0.69 per share. During the corresponding period in 2012, Oceaneering reported revenue of $594.9 million and
Det norske CEO Steps Down on May 1st (Norway)
Sverre Skogen will as of May 1st take on the position as Executive Chairman in Det norske oljeselskap ASA until a new CEO has been appointed. Erik Haugane will step down as CEO on May 1st, not on 1st August, as previously announced. Haugane will act as advisor and be available for the company until
Viper Subsea Revenues Increase by 60 Pct (UK)
Viper Subsea has seen revenues rise by 60% in the last financial year and is expecting similar or greater increase in this financial year as the innovative Bristol based company continues to enjoy rapid year-on-year growth. Established in 2007 with a remit to provide the subsea oil and gas market wi
Lankhorst Ropes: Results of Mooring Connector Trials Presented (USA)
Lankhorst Ropes Offshore Division is announcing the latest results of offshore trials of its Lankofirst synthetic fibre rope mooring connector on booth 1517 at OTC 2013. The trials have shown a significant reduction in mooring line deployment times and improvements in health and safety using the Lan